Blockchains are the critical infrastructure underlying cryptocurrencies. The common feature of these distributed ledgers is the sequential updating of a cryptographically secure, verifiable transaction record among a network of peers all operating under a certain set of rules enforced through the software itself. This record is owned and operated in common by anyone anywhere.
At Cryptoonaut, we are chronicling the evolving blockchain industry. Is it revolutionary or overhyped? Or both? Will it become the solution to securing trust in finance and global trade? What will be the rate of blockchain transactions in the coming years?
Stay tuned to find out.
South Korea’s National Pension Service (NPS) is mulling over the prospect of turning to blockchain to streamline its accounting processes. A local news outlet reports that the NPS is opening…
The European Data Protection Board has approved draft rules governing how personal data is stored and shared on blockchains, marking another step toward aligning decentralized technology with existing standards. The…
Coinbase exchange’s Chief Legal Officer (CLO), Paul Grewal, has called attention to the role of blockchain transparency in helping law enforcement trace stolen funds and respond to the growing form…
Concordium has introduced four stablecoins: Agant, Noon, Deep Blue, and AEDX, to directly issue their assets on its Layer 1 blockchain platform. The four stablecoins operate through Concordium’s Protocol-Level Token…
The most challenging task in today’s evolving era is to enable the interaction of AI agents with a wide range of databases, tools, and services. At that point, the Model…
As global regulation of cryptocurrencies intensifies, governments are continuously introducing new regulations and tax policies. Recently, the Slovenia Ministry of Finance proposed a 25% tax on profits derived from the…
Avalon Labs selected LayerZero to enable seamless asset movement across 14 blockchain networks. LayerZero’s ecosystem gains momentum with support from Libre, Wyoming, and a16z. Avalon Labs has partnered with LayerZero…
SFT Protocol has announced its groundbreaking partnership with Bitgert to take a strategic leap towards decentralized infrastructure. This collaboration marks a remarkable step in fostering innovation in the Web3 landscape.…
Blockchain has a vital part to play in the transition to renewable energy, according to decentralized trading platform D.Energy. Speaking on Rug Radio’s FOMO Hour, the firm’s CEO Shafi Rafi…
Fwog (FWOG), a Solana-based meme coin, announced a strategic partnership with Pyth Network, a decentralized network offering real-world market data for DApps and DeFi protocols. This collaboration aims to provide…
