Blockchain News

Blockchain is nothing but a highly decentralized peer-maintained
network enforming common cryptographic protocols accessible
anonymously by everyone.

The system of open-ledger is incorporated into a digitally distributed
manner to implement cohesive attributes like federalization,
subjugation and collusion.

Growing as a separate entity, after its introduction with Bitcoin,
Blockchain technology is finding its roots in financial infrastructures
and much diverse use-cases.

Coingape brings a wide coverage of blockchain news and its supporting domains. Indulge in the ever-evolving industry of blockchain technology and decode how it will revolutionize the world.

Terra plans to discard UST
Blockchain News
Terra plans to discard UST
Blockchain News

LUNA Founder Faces Community Backlash Over LUNA Revival Plan; Here’s Why

Many crypto giants including Binance CEO, CZ had earlier expressed their disapproval over the Terra forking plan. Do Kwon has however decided to take the lone path by putting forward a proposal for the same. The majority of crypto space frowned upon the decision immediately after. Crypto community not happy  with Revival Plan 2.0 The

Sthuthie V Murthy May 17, 2022

Many crypto giants including Binance CEO, CZ had earlier expressed their disapproval over the Terra forking plan. Do Kwon has however decided to take the lone path by putting forward a proposal for the same. The majority of crypto space frowned upon the decision immediately after. Crypto community not happy  with Revival Plan 2.0 The

TRON TRX
Blockchain News
TRON TRX
Blockchain News

Just In: Tron’s New Addition Takes Stablecoin Supply Beyond $1 Billion

The TRON DAO Reserve increased the supply of USDC stalecoin by $260 million on the TRON network. The new addition takes total circulating supply of Tron’s USDC stablecoin supply to $1.241 billion. This comes after Tron’s purchase of several stablecoins of late. On Friday, the TRON DAO Reserve increased the supply of USDC by $400

Anvesh Reddy May 14, 2022

The TRON DAO Reserve increased the supply of USDC stalecoin by $260 million on the TRON network. The new addition takes total circulating supply of Tron’s USDC stablecoin supply to $1.241 billion. This comes after Tron’s purchase of several stablecoins of late. On Friday, the TRON DAO Reserve increased the supply of USDC by $400

This Stablecoin's Market Cap Skyrockets Amid FUD In Tether, UST
Altcoin News
This Stablecoin's Market Cap Skyrockets Amid FUD In Tether, UST
Altcoin News

Just-In: Circle Mints 8.4 Billion USDC Within 7 Days, Why?

Circle, the payments technology company behind the digital stablecoin USDC, has revealed, in a blog post, that it has redeemed 6.7 billion USDC and further minted 8.4 billion USDC during the past week, with 99.3 billion USDC and 61.1 billion USDC minted and redeemed respectively during all of 2021. Circle prides itself at being transparent

Sunil Sharma May 14, 2022

Circle, the payments technology company behind the digital stablecoin USDC, has revealed, in a blog post, that it has redeemed 6.7 billion USDC and further minted 8.4 billion USDC during the past week, with 99.3 billion USDC and 61.1 billion USDC minted and redeemed respectively during all of 2021. Circle prides itself at being transparent

Meta
Blockchain News
Meta
Blockchain News

Why Facebook’s Former Crypto Head Is Starting His Own Crypto Startup?

Following his resignation from Facebook, David Marcus, the company’s former Crypto head has launched himself into the crypto world. The news was announced on his official Twitter handle on May 12th, 2022.  Marcus defends his move to launch a crypto startup The news gained positive reactions with a lot of users commending the move and

Sunil Sharma May 13, 2022

Following his resignation from Facebook, David Marcus, the company’s former Crypto head has launched himself into the crypto world. The news was announced on his official Twitter handle on May 12th, 2022.  Marcus defends his move to launch a crypto startup The news gained positive reactions with a lot of users commending the move and

Blockchain News
Blockchain News

Former Google CEO Eric Schmidt Bets On the Future of Web 3.0, Owns ‘Little Bit’ Crypto

Former Google CEO Eric Schmidt has recently disclosed his views on the emerging blockchain industry. He said that what fascinates him the most is not cryptocurrencies but the future of Web 3.0. However, he disclosed that he has invested a “little bit” of money in digital assets. Speaking to CNBC, Schmidt said: “A new model

Bhushan Akolkar April 29, 2022

Former Google CEO Eric Schmidt has recently disclosed his views on the emerging blockchain industry. He said that what fascinates him the most is not cryptocurrencies but the future of Web 3.0. However, he disclosed that he has invested a “little bit” of money in digital assets. Speaking to CNBC, Schmidt said: “A new model

Cardano Price Analysis: ADA Price Rally Reclaiming Crucial Resistance Of $1.5 
Altcoin News
Cardano Price Analysis: ADA Price Rally Reclaiming Crucial Resistance Of $1.5 
Altcoin News

Cardano (ADA) Team Believes Its PoS Mechnism Is Most Promising; Here’s Why

Proof-of-work (PoW) and proof-of-stake (PoS), the two predominant consensus models among blockchains, often get compared based on energy consumption. But according to the team behind Cardano, one of the largest PoS blockchains, PoS consensus mechanism trumps PoW in many more ways. Cardano says the benefits of its PoS go “far beyond” energy efficiency  Frederik Gregaard

Olivia Brooke April 28, 2022

Proof-of-work (PoW) and proof-of-stake (PoS), the two predominant consensus models among blockchains, often get compared based on energy consumption. But according to the team behind Cardano, one of the largest PoS blockchains, PoS consensus mechanism trumps PoW in many more ways. Cardano says the benefits of its PoS go “far beyond” energy efficiency  Frederik Gregaard

Blockchain News
Blockchain News

Polygon (MATIC) Throws In $100 Million To Expand Its Supernets Network

Polygon, the popular Ethereum scaling platform, has been broadening its ecosystem. The protocol announced today that it is committing $100 million to promote the development and adoption of Supernets, its application-specific blockchains with higher performance.  What are Polygon’s Supernets?  Supernets are Polygon’s latest addition to its multi-chain L1 blockchains powering ecosystem. In a blog post,

Olivia Brooke April 23, 2022

Polygon, the popular Ethereum scaling platform, has been broadening its ecosystem. The protocol announced today that it is committing $100 million to promote the development and adoption of Supernets, its application-specific blockchains with higher performance.  What are Polygon’s Supernets?  Supernets are Polygon’s latest addition to its multi-chain L1 blockchains powering ecosystem. In a blog post,

Blockchain News
Blockchain News

Andreessen Horowitz Launches A New Multidisciplinary Lab a16z Crypto Research for Web 3

As the cryptocurrency market continues to mature, VC giants are putting up more efforts to fund research in the crypto space. Andreessen Horowitz announced the launch of its new multidisciplinary lab a16z crypto research that will work closely with the firm’s investment portfolio toward solving some major important problems in the crypto space. This lab

Bhushan Akolkar April 22, 2022

As the cryptocurrency market continues to mature, VC giants are putting up more efforts to fund research in the crypto space. Andreessen Horowitz announced the launch of its new multidisciplinary lab a16z crypto research that will work closely with the firm’s investment portfolio toward solving some major important problems in the crypto space. This lab

Dogecoin-Elon-Musk-1
Blockchain News
Dogecoin-Elon-Musk-1
Blockchain News

Just In: Elon Musk Decides Not to Join the Twitter Board, DOGE Fans Might Have to Wait

With new developments at Twitter, there’s a twist in the tale! Twitter CEO Parag Agrawal recently tweeted that Elon Musk has decided not to join the company’s board. The U-turn comes after Agrawal himself announced the appointment of Musk to Twitter’s board last week. In his recent email to the Twitter team, Agrawal writes that

Bhushan Akolkar April 11, 2022

With new developments at Twitter, there’s a twist in the tale! Twitter CEO Parag Agrawal recently tweeted that Elon Musk has decided not to join the company’s board. The U-turn comes after Agrawal himself announced the appointment of Musk to Twitter’s board last week. In his recent email to the Twitter team, Agrawal writes that

Canada's CI Global Asset Management Targets Metaverse and Blockchain ETFs
Bitcoin News
Canada's CI Global Asset Management Targets Metaverse and Blockchain ETFs
Bitcoin News

Canadian Prime Minister Candidate Promises Bitcoin And Blockchain Economy

Canadian Prime Minister Candidate Pierre Poilievre said a government led by him will be focusing to create a decentralized economy. Pierre Poilievre promises to utilize the potential of cryptocurrencies, such as Bitcoin and Ethereum, and blockchain technology. Moreover, he believes Canadians should have the freedom to use Bitcoin and other digital assets as money. Canadian

Varinder Singh March 29, 2022

Canadian Prime Minister Candidate Pierre Poilievre said a government led by him will be focusing to create a decentralized economy. Pierre Poilievre promises to utilize the potential of cryptocurrencies, such as Bitcoin and Ethereum, and blockchain technology. Moreover, he believes Canadians should have the freedom to use Bitcoin and other digital assets as money. Canadian

Blockchain News
Blockchain News

Coinbase Is Reportedly Nearing Deal to Acquire Brazil’s Crypto Unicorn 2TM

On Sunday, March 27, a report surfaced that crypto exchange Coinbase is all set to acquire one of Brazil’s biggest crypto unicorns 2TM. As per details, 2TM is a Brazilian holding company controlling Latin America’s largest crypto brokerage Mercado Bitcoin by the next month-end of April 2022. This would be part of Coinbase’s efforts to

Bhushan Akolkar March 28, 2022

On Sunday, March 27, a report surfaced that crypto exchange Coinbase is all set to acquire one of Brazil’s biggest crypto unicorns 2TM. As per details, 2TM is a Brazilian holding company controlling Latin America’s largest crypto brokerage Mercado Bitcoin by the next month-end of April 2022. This would be part of Coinbase’s efforts to

STEPN
Blockchain News
STEPN
Blockchain News

Breaking: PUBG Developer Krafton Partners With Solana (SOL)

Krafton, developer of the popular videogame PUBG, said it had signed a deal with Solana Labs to jointly develop blockchain and NFT-based games and services. The developer said it intended to leverage its game building capabilities in the web3 space. The move marks growing the growing popularity of blockchain and play-to-earn (P2E) games, which has

Ambar Warrick March 23, 2022

Krafton, developer of the popular videogame PUBG, said it had signed a deal with Solana Labs to jointly develop blockchain and NFT-based games and services. The developer said it intended to leverage its game building capabilities in the web3 space. The move marks growing the growing popularity of blockchain and play-to-earn (P2E) games, which has

Blockchain News
Blockchain News

Crypto.com Becomes the Official Sponsor for FIFA World Cup 2022 in Qatar

Crypto exchange Crypto.com continues to expand its sponsorship deals in the sports industry. The popular crypto exchange has recently joined the list of sponsors for the 2022 FIFA World Cup to be held in Qatar later this year. The Singapore-based company will also be the exclusive crypto trading platform for the FIFA event. Crypto.com is

Bhushan Akolkar March 23, 2022

Crypto exchange Crypto.com continues to expand its sponsorship deals in the sports industry. The popular crypto exchange has recently joined the list of sponsors for the 2022 FIFA World Cup to be held in Qatar later this year. The Singapore-based company will also be the exclusive crypto trading platform for the FIFA event. Crypto.com is

Goldman Sachs
Blockchain News
Goldman Sachs
Blockchain News

Breaking: Goldman Sachs To Offer Over-The-Counter Crypto Options- Report

Goldman Sachs is close to announcing that it is the first major U.S. bank to trade an over-the-counter (OTC) crypto instrument, a recent report said. The firm reportedly traded a Bitcoin-linked instrument with crypto bank Galaxy Digital. An OTC transaction is one that takes place directly over a private broker-dealer network, instead of a centralized

Ambar Warrick March 21, 2022

Goldman Sachs is close to announcing that it is the first major U.S. bank to trade an over-the-counter (OTC) crypto instrument, a recent report said. The firm reportedly traded a Bitcoin-linked instrument with crypto bank Galaxy Digital. An OTC transaction is one that takes place directly over a private broker-dealer network, instead of a centralized

China's ban on crypto has not stopped web3 development in the country
Blockchain News
China's ban on crypto has not stopped web3 development in the country
Blockchain News

Just-In: Architect of China’s CBDC Calls For More Web3 Development

Yao Qian, a key developer in China’s central bank digital currency (CBDC)  project, called on the Chinese government to increase the development of web3 technology. In an academic article, Qian said strengthening web3 research was important to China’s future internet infrastructure. Qian had led the People’s Bank of China’s digital currency initiative. He then served

Ambar Warrick March 17, 2022

Yao Qian, a key developer in China’s central bank digital currency (CBDC)  project, called on the Chinese government to increase the development of web3 technology. In an academic article, Qian said strengthening web3 research was important to China’s future internet infrastructure. Qian had led the People’s Bank of China’s digital currency initiative. He then served

Bitcoin Fund
Bitcoin News
Bitcoin Fund
Bitcoin News

Huge Venture Capital Money Flows Into Crypto Funds Amid the Russia-Ukraine Crisis, Here’s the Stats

The Russian-Ukraine war has sent jitters across the equity and the crypto market bringing back strong volatility in play. Furthermore, the sanctions have also exposed that how any country can be at the receiving end of the economic warfare driven by traditional financial systems. The latest report from Fundstrat shows that global investors have been

Bhushan Akolkar March 15, 2022

The Russian-Ukraine war has sent jitters across the equity and the crypto market bringing back strong volatility in play. Furthermore, the sanctions have also exposed that how any country can be at the receiving end of the economic warfare driven by traditional financial systems. The latest report from Fundstrat shows that global investors have been

Wj5j4Bus-bitcoin-overtakes-gold
Blockchain News
Wj5j4Bus-bitcoin-overtakes-gold
Blockchain News

Austin, Texas To Support Blockchain And Web 3.0 Technologies

According to an official government document, the Mayor of Austin has directed the City Manager to help create an enabling government and community environment that supports the creation of new technologies like Blockchain and Web 3.0. By making this move, the City of Austin’s government wants to put itself on the world digital finance map,

Oluwapelumi Adejumo March 14, 2022

According to an official government document, the Mayor of Austin has directed the City Manager to help create an enabling government and community environment that supports the creation of new technologies like Blockchain and Web 3.0. By making this move, the City of Austin’s government wants to put itself on the world digital finance map,

Jamaica digital currency
Blockchain News
Jamaica digital currency
Blockchain News

Jamaica Will Airdrop $16 To Early Adopters Of CBDC Wallet

Jamaica’s government said it will deposit 2500 Jamaican dollars ($16) to the first 100,000 citizens to use the country’s new digital currency wallets, in a bid to boost the use of its recently unveiled central bank digital currency (CBDC), Jamaica Digital Exchange, or JAM-DEX. The move, announced in a press release, comes shortly after the

Ambar Warrick March 11, 2022

Jamaica’s government said it will deposit 2500 Jamaican dollars ($16) to the first 100,000 citizens to use the country’s new digital currency wallets, in a bid to boost the use of its recently unveiled central bank digital currency (CBDC), Jamaica Digital Exchange, or JAM-DEX. The move, announced in a press release, comes shortly after the

20210915_OpenSea
Blockchain News
20210915_OpenSea
Blockchain News

Russian Ban In Focus As MetaMask, OpenSea Abide By U.S. Sanctions

OpenSea, the world’s largest NFT marketplace, reportedly began blocking Iranian users citing U.S. sanctions against the country, while popular Ethereum wallet MetaMask was unavailable in certain blacklisted countries due to restrictions by its host Infura. The moves sparked widespread debate over the supposedly decentralized nature of crypto, and whether other major companies would also fall

Ambar Warrick March 4, 2022

OpenSea, the world’s largest NFT marketplace, reportedly began blocking Iranian users citing U.S. sanctions against the country, while popular Ethereum wallet MetaMask was unavailable in certain blacklisted countries due to restrictions by its host Infura. The moves sparked widespread debate over the supposedly decentralized nature of crypto, and whether other major companies would also fall

Two exchanges that lost the most are Binance and FTX. Almost two billion combined.
Altcoin News
Two exchanges that lost the most are Binance and FTX. Almost two billion combined.
Altcoin News

Breaking: Ukraine Cancels Awaited Airdrop For Crypto Donors

Ukraine has cancelled its upcoming airdrop for crypto donors scheduled today. Earlier as reported by CoinGape,  the airdrop event was likely targeted by a phishing attempt. The country will instead issue NFTs to thank its crypto donors, at an unspecified time. Ukraine will issue NFTs to thank donors The move comes as what seemed like

Ambar Warrick March 3, 2022

Ukraine has cancelled its upcoming airdrop for crypto donors scheduled today. Earlier as reported by CoinGape,  the airdrop event was likely targeted by a phishing attempt. The country will instead issue NFTs to thank its crypto donors, at an unspecified time. Ukraine will issue NFTs to thank donors The move comes as what seemed like