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Blockchain
Nearly half of crypto users invest to boost living standards: Report
Approximately 50% of crypto users are investing in digital assets to improve their everyday living standards.According to a new survey by crypto exchange Bitget published on October 5, 46%, 44%, and 41% of respondents in South Korea,…
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Polygon co-founder steps down, will contribute ‘from the sidelines’
Jaynti Kanani, the co-founder of Polygon, announced that he has stepped back “from the day-to-day grind” on the project for the first time in six years.In an Oct. 4 X (formerly Twitter) thread, Kanani said he planned to focus “on new…
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Ecosystem developers bring Bitcoin to Cosmos network
Osmosis, the largest decentralized exchange (DEX) on Cosmos, will be bringing Bitcoin (BTC) to the namesake inter-blockchain communications (IBC) protocol together with Nomic and Kujira.According to an October 3 announcement during the…
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Bankrupt CeFi firm Haru Invest hints at asset recovery
Bankrupt South Korean yield platform Haru Invest has said it will return users’ assets, although no particular timeframe was given.In a Q&A published on Oct. 2, Hugo Lee, Haru Invest’s CEO, said the firm has a plan for “phased asset…
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Brazil rolls out blockchain-based digital ID
Over 214 million Brazilians will soon be using blockchain technology for digital identity, the government recently announced.Rio de Janeiro, Goiás and Paraná will be the first states to issue identification documents on-chain through a…
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Leased proof-of-stake (LPoS), explained
Understanding leased proof-of-stake LPoS is a type of PoS meant to increase mining power, address inherent issues found in PoW, and improve other types of PoS, such as delegated…
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SBI works with UAE’s TradeFinex to set up joint crypto venture in Japan
SBI Holdings and TradeFinex will look to drive trade finance adoption of the Ethereum Virtual Machine-compatible enterprise blockchain XDC Network through a new joint venture in Japan.United Arab Emirates-based firm TradeFinex operates…
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Median Web3 developer salary stands at $128K in 2023
A typical Web3 developer has a median salary of $128,000 in 2023.According to a recent survey by Pantera Capital, the highest Web3 engineer salaries are in North America at $166,610, followed by $102,226 in Europe, Middle East and…
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Hashkey HK opens AVAX trading with $1M portfolio requirement
Hong Kong crypto exchange Hashkey, the first to receive a retail crypto license in the Special Administrative Region (SAR), will open Avalanche (AVAX) trading on its platform. However, there is a catch.According to the September 27…
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Bahrain’s Bank ABC using JPMorgan’s Onyx blockchain for cross-border payments
Bahrain-based Bank ABC will use JPMorgan’s Onyx Coin Systems for blockchain-based cross-border payments in a soft, or limited, launch. The new service will be more cost effective and reduce settlement times relative to traditional…
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