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Blockchain
Canaan secures new financing as revenue falls 55% in Q3
Bitcoin (BTC) miner Canaan is seeking new capital amid a slump in its revenue and bottom line.According to its Q3 2023 earnings report released on Nov. 28, the…
More foreign banks join China’s CBDC pilot trials
More foreign banks have joined China’s digital yuan central bank digital currency (CBDC), the e-CNY, following British bank Standard Chartered’s entry on Nov. 27,…
Upbit parent Dunamu’s profits drop 81% in Q3
Dunamu, the owner of Upbit, one of South Korea’s biggest crypto exchanges by trading volume, saw a drop of 81.6% in net profit in the third quarter of 2023…
Animoca to become TON blockchain’s largest validator
Web3 investment firm Animoca Brands is set to become the largest validator on The Open Network (TON) blockchain, and it plans to deliver blockchain-based games to…
JPMorgan, Apollo plan for enterprise mainnet, execs reveal
Executives of banking giants JPMorgan Chase and Apollo revealed plans for a tokenized enterprise mainnet formed during a collaboration on the Monetary Authority…
What are sniper bots, and how to stop token sniping exploits?
What is a sniper bot? Sniper bots are automated software programmed for specific actions at predetermined times…
Crypto exchange grace period to remain unchanged in Hong Kong despite scandals
A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals.According to local news reports on Nov.…
Standard Chartered joins China’s CBDC pilot testing
British multinational bank Standard Chartered will partake in trials of China's digital yuan central bank digital currency (e-CNY CBDC), one of the first foreign…
Mainstream approval critical for blockchain games — Gaming execs
Web3 game developers have been battling to gain the attention of mainstream audiences for years, and according to three former gaming executives, that market is…
$750M in locked crypto tokens to be released by December
Around $750 million of vested digital assets are scheduled to be unlocked and released into the markets in December.Among the projects releasing locked tokens,…