Blockchain Tech · page 4

A consortium of prominent US banking groups is actively planning the establishment of a nationwide blockchain network, with a projected launch date of 2027. This ambitious initiative, spearheaded by an entity named BankChain, aims to construct shared infrastructure specifically designed…

Multiple U.S. state banking associations are collaborating to launch a nationwide blockchain network, tentatively named the BankChain Alliance, with a target launch date of 2027. This initiative aims to create a regulated infrastructure for digital assets within the traditional banking…

BNB Chain activated its Pasteur hard fork on the Binance Smart Chain (BSC) on May 21, 2024, implementing a series of upgrades designed to bolster security across its ecosystem, particularly concerning cross-chain bridges and validator operations.

The Sandbox, a prominent metaverse and Web3 gaming platform, announced on May 29, 2024, that it had disabled bridging functionality on the Base and BNB Chain networks. This decisive action was taken in response to a security exploit that compromised…

Solana has successfully reduced its blockchain slot time to 350 milliseconds, a significant adjustment that marks the first modification to this fundamental parameter since the network's genesis. This strategic reduction is a key step in Solana's ongoing effort to decrease…

A total of 40 malicious extensions have been identified within the Mozilla Firefox browser, designed to impersonate legitimate Web3 products and steal cryptocurrency wallet secrets. These extensions, discovered by the Socket Threat Research team, are part of a larger campaign…

Standard Chartered and HSBC successfully executed the first live transaction on Swift's blockchain ledger on November 15, 2023, marking a significant advancement in cross-border payment technology. This inaugural transaction directly connected the banks' separate tokenized deposit systems, demonstrating a tangible…

SafePal, a company specializing in hardware wallets for cryptocurrency, has announced a significant data exposure incident affecting approximately 39,798 of its customers. The breach stemmed from an authorization flaw within a third-party order-tracking plug-in integrated into SafePal's e-commerce platform.

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The Ethereum Foundation, a key organization supporting the development of the Ethereum blockchain, is undergoing a strategic reassessment of its post-quantum cryptography plans. This recalibration specifically involves a pivot away from the Poseidon hash function, a cryptographic primitive that had…

Figure, a prominent lender specializing in the tokenization of assets, has announced a remarkable financial performance for its most recent fiscal quarter. The company reported an impressive revenue of $226 million, a figure that signifies a doubling of its previous…

Approximately $15 billion in Bitcoin was moved to secure wallets in the wake of a significant exploit targeting Coldcard hardware wallets, a move that Casa CEO Nick Neuman characterized as a demonstration of Bitcoin's robust self-custody mechanisms.

The Solana blockchain experienced a significant performance degradation event on Wednesday, leading to a near-freezing state that impacted transaction processing and the functionality of decentralized applications. Marinade Finance, a prominent Solana-based liquid staking protocol, reported the incident, noting…

The DeadLock ransomware operation has adopted a sophisticated decentralized infrastructure, incorporating blockchain-backed services to enhance its resilience against takedown attempts. This strategy aims to protect the communication channels between the ransomware operators and their victims, as well as secure…

The ransomware group identified as DeadLock has been observed implementing a decentralized infrastructure to manage victim communications and data leak operations, aiming to enhance its operational resilience against takedown efforts.

Luke Dashjr has been removed from his role as a Bitcoin Improvement Proposal (BIP) editor following the unsuccessful implementation of BIP-110, a proposed soft fork. The removal was confirmed by Bitcoin Core developer Michael Folkson.

Luke Dashjr has been removed from his position as a Bitcoin BIP (Bitcoin Improvement Proposal) editor. This decision follows the stalled progress of BIP-110, a contentious proposal aimed at creating a fork within the Bitcoin network.

ADI Chain and Shipfinex have announced a strategic partnership focused on the tokenization of commercial ships, a move designed to unlock access to the substantial $680 billion ship-finance market. This collaboration aims to leverage blockchain technology to create new avenues…

A divergence within the Bitcoin network, known as the BIP-110 fork, has resulted in a significant block deficit compared to the main Bitcoin (BTC) chain. The breakaway chain produced only two blocks since its split on Saturday, while the primary…

Ethereum co-founder Vitalik Buterin has articulated a forward-looking technical roadmap for the Ethereum network, placing significant emphasis on three core areas: quantum resistance, enhanced privacy features, and the integration of artificial intelligence to aid in formal verification processes.