Category: Blockchain

Layer-1 ecosystem is increasingly flooded with grossly inflated performance claims, at the expense of developers, users, and investors, argues Steven Pu, Co-Founder of the L1 blockchain Taraxa.
The post Blockchain Throughput Is Overestimated by 75% – Taraxa Report appeared first on Cryptonews. …

Layer-1 blockchain Berachain has achieved a significant milestone, with its total value locked (TVL) surpassing $3.26 billion.
The post Berachain Surpasses $3.26B TVL, Becomes Sixth-Largest DeFi Blockchain appeared first on Cryptonews. …

The ECB is advancing a blockchain-based payment system to facilitate central bank settlements. This initiative seeks to improve financial market efficiency through innovation while ensuring regulatory compliance and maintaining stability in the European financial system.
The post ECB Plans Blockchain-Based Payment System for Central Bank Settlements appeared first on Cryptonews. …

The Blockchain Association has urged Congress to repeal the IRS rule classifying DeFi software as brokers, calling it regulatory overreach.
The post Crypto Industry Mobilizes Against IRS DeFi Broker Reporting Requirement appeared first on Cryptonews. …

EigenLayer, Polymarket, and UMA have announced a collaboration to explore and potentially develop a next-generation oracle system.
The post EigenLayer, Polymarket, and UMA Join Forces to Develop Next-Gen Oracle System appeared first on Cryptonews. …

AbstractChain is addressing a security breach traced to the Cardex app due to session key management issues, with engineers urging users to revoke approvals while confirming the AGW remains secure.
The post AbstractChain Reports Security Breach: Team Confirms Isolated Cardex App Issue appeared first on Cryptonews. …

Centralized crypto exchanges experienced a remarkable uptick in trading activity, with spot trades reaching almost $19 trillion in 2024. This represents a more than 100% increase from the previous year, although it still falls short of the record-high volumes seen in 2021.
The post Crypto Exchanges Recorded $19 Trillion in Trading Volume in 2024: Report appeared first on Cryptonews. …

Kadena and the Croatian Football Federation signed a four-year collaboration, encompassing several massive global football events, including the 2026 FIFA World Cup and 2028 UEFA Euro Cup.
The post Kadena Partners With Croatian Football Federation, ERC-20 Fan Token Migrates from Polygon appeared first on Cryptonews. …

Elon Musk, Head of the newly-created federal agency DOGE, has endorsed putting U.S. Treasury transactions on the blockchain in a bid for transparency.
The post Elon Musk Backs Blockchain-Driven Transparency in U.S. Treasury Operations appeared first on Cryptonews. …

DePINs are gaining prominence as part of the Blockchain Association’s network of 23 specialized working groups focused on key industry sectors.  
The post IoTeX’s Larry Pang Named Co-Chair of Blockchain Association’s DePIN Working Group appeared first on Cryptonews. …