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Blockchain
TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch
On May 31, Tether (USDT) tokens issued on the Tron blockchain reached another all-time high of $46 billion, compared to $36.8 billion for Ethereum, accounting for…
Multichain team cannot locate CEO, halts service for affected chains
Cross-chain protocol Multichain revealed on May 31 that its team has been unable to contact its CEO, Zhaojun, fueling rumors that the protocol’s leadership may…
QORPO Game Studio joins Cointelegraph Accelerator
The Web3 gaming world saw consistent growth and exciting developments in the first quarter of 2023, according to a DappRadar report. Traditional Web2 gaming…
AB de Villiers ventures into Web3
AB de Villiers is a household name in the world of cricket, renowned for his swashbuckling batting style and records in the shorter formats of the game. Perhaps…
Web3 developer Magic raises $52M in funding led by PayPal Ventures
On May 31, San Francisco-based wallet-as-a-service (WaaS) provider Magic announced that it had successfully raised $52 million in a strategic funding round led by…
Crypto community’s ‘send ETH’ tweets spark various theories and warnings
A new trend where social media influencers ask for Ether (ETH) in exchange for nothing has taken over Twitter, grabbing the attention of many onlookers. The trend…
Former SEC chief warns influencers about prosecution for crypto price manipulation
The United States Securities and Exchange Commission (SEC) is pursuing crypto influencers who have promoted scam projects and are found to be manipulating the…
XDC Network gets Japanese foothold via partnership with SBI subsidiary
The enterprise hybrid blockchain solution, XDC Network — formerly known as XinFin — has broadened its presence in the Japanese market through a partnership with…
Indian banks asked ‘to prepare for the future’ with AI and blockchain
A top federal official representing India's central bank, the Reserve Bank of India (RBI), recommended all banks adopt artificial intelligence (AI) and blockchain…
Decentralized exchange PancakeSwap moves into GameFi
On May 29, decentralized exchange (DEX) PancakeSwap announced that it had launched a new tower-defense GameFi game in conjunction with BNB GameFi protocol Mobox.…