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Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

When compared to the previous quarter, the total value locked (TVL) in decentralised finance (DeFi) approximately doubled during the first quarter of 2024, indicating that DeFi has witnessed tremendous growth from the previous quarter. It is possible to ascribe, at least in part, this spike to Ethereum’s liquid restaking activities, which have been the driving … Continue reading Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

Ethena (ENA) Labs Integrates with Major Exchanges for Reward Program

Recently, Ethena Labs, a company that specialises in the development of synthetic dollars, made an announcement on its integration with major centralised exchange wallets such as Binance, Bybit, OKX, and Bitget. The purpose of this integration is to make it easier for users to participate in Ethena’s rewards programme and to increase the platform’s popularity … Continue reading Ethena (ENA) Labs Integrates with Major Exchanges for Reward Program

Ethereum's Pectra Upgrade to Enhance Wallet Functionality and User Experience

With the introduction of its Pectra update in late 2024 or early 2025, Ethereum hopes to significantly enhance cryptocurrency wallets by adding new features and improving user experience. Ethereum Improvement Proposal (EIP) 3074, one of the main recommendations of the update, would allow regular cryptocurrency wallets to operate like smart contracts, including transaction bundling and … Continue reading Ethereum's Pectra Upgrade to Enhance Wallet Functionality and User Experience

Introducing Scroll Sessions: Native zkEVM Layer 2 for Ethereum

Scroll, a prominent player in the blockchain space, has recently announced the launch of Scroll Sessions, a native zkEVM Layer 2 solution designed specifically for the Ethereum network. This innovative technology aims to address the scalability and high transaction costs associated with the Ethereum blockchain. With the rapid growth of decentralized applications (dApps) and the … Continue reading Introducing Scroll Sessions: Native zkEVM Layer 2 for Ethereum

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

What happened recently with the Libra Association?  Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14.  … Continue reading Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Reasons Behind the Success of the Binance Coin

The native coin of the world’s largest crypto-exchange has returned to its previous historical maximum, while others remain 80-90% lower. The BNB token quickly rose and holds the seventh line in the ranking of cryptocurrencies in terms of market capitalization.  Although no one knows for sure why Binance Coin performed so well, there are several factors that have definitely had a positive … Continue reading Reasons Behind the Success of the Binance Coin

India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.   Earlier this year, the Bank for International Settlements (BIS) … Continue reading India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

Exclusive: Talent Shortage is The Key Pain Point in the AI Industry

Exclusive interview with Timothy Leung: Part 1 Artificial intelligence is one of the emerging fintech trends in Hong Kong. While there are some great minds and AI companies in Hong Kong, they can’t survive without sufficient funding and technical support from government and industry leaders. We had the opportunity to invite Timothy Leung, Executive Director … Continue reading Exclusive: Talent Shortage is The Key Pain Point in the AI Industry

The World Economic Forum Forms Six Tech Policy Councils Including Blockchain

The World Economic Forum (WEF) launched six different “fourth industrial revolution councils” to help regulators working on the new technology policy guidance. The new technology included artificial intelligence, autonomous mobility, blockchain, drones, internet of things and precision medicine, as revealed on 29 May. The councils gathered for the first time for the Fourth Industrial Revolution Network … Continue reading The World Economic Forum Forms Six Tech Policy Councils Including Blockchain

Exclusive: Why is Everipedia Built on EOS, not on Ethereum?

Wikipedia is the largest online encyclopedia and one of the top 5 websites worldwide in terms of web traffic. While Wikipedia has been dominant in decades, the ecosystem of the encyclopedia is likely to be changed with the advent of blockchain. Everipedia is a wiki-based online encyclopedia which adopts EOS blockchain technology. Besides, a cryptocurrency … Continue reading Exclusive: Why is Everipedia Built on EOS, not on Ethereum?

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