Blockchain News
Top Articles from Prashant

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.

Blockchain News
Blockchain News

Breaking: FTX.US Acquires CFTC-Approved Crypto Derivative Platform LedgerX

FTX.US, the US affiliate of Hong Kong-based crypto exchange FTX has acquired the parent company behind crypto derivatives exchange LedgerX. The acquisition could see FTX.US bring regulated crypto derivative services to US customers. The funding details of the acquisition weren’t revealed by the company but the deal will reportedly close in October this year. 1)

FTX.US, the US affiliate of Hong Kong-based crypto exchange FTX has acquired the parent company behind crypto derivatives exchange LedgerX. The acquisition could see FTX.US bring regulated crypto derivative services to US customers. The funding details of the acquisition weren’t revealed by the company but the deal will reportedly close in October this year. 1)

Blockchain News
Blockchain News

FTX CEO on Public Debut Ambitions: “Now is Not the Time”

Sam Bankman-Fried, the Chief Executive Officer of FTX Derivatives Exchange has noted the lack of immediate interest by the firm in pursuing an Initial Public Offering in line with top crypto unicorns today. In an interview with Forbes, the billionaire CEO said that a very deep thought has been given to the idea of an

Sam Bankman-Fried, the Chief Executive Officer of FTX Derivatives Exchange has noted the lack of immediate interest by the firm in pursuing an Initial Public Offering in line with top crypto unicorns today. In an interview with Forbes, the billionaire CEO said that a very deep thought has been given to the idea of an

Blockchain News
Blockchain News

Crypto Unicorn Blockchain.com Has its Eyes on the Public Market

Luxembourg based digital currency exchange Blockchain.com is mulling the plans to conduct an Initial Public Offering (IPO) in a move to become a publicly traded company. As reported by Fortune, drawing on Macrina Kgil’s interview with Forbes, the company is looking at the possibility of conducting the IPO in 2023. Macrina who is the Chief

Luxembourg based digital currency exchange Blockchain.com is mulling the plans to conduct an Initial Public Offering (IPO) in a move to become a publicly traded company. As reported by Fortune, drawing on Macrina Kgil’s interview with Forbes, the company is looking at the possibility of conducting the IPO in 2023. Macrina who is the Chief

Blockchain News
Blockchain News

Another $GME in the Making? Software Company’s Share Rise 40% Amid Heavy Shorting

GameStop ($GME) made headlines and billions in gains as a short squeeze led by retail traders on Reddit helped the closing business rise to new highs. The short squeeze initiative was led by a Reddit group called WallStreetBets. Now another heavily shorted software company’s share is making $GME like gains amid heavily shorted bet against

GameStop ($GME) made headlines and billions in gains as a short squeeze led by retail traders on Reddit helped the closing business rise to new highs. The short squeeze initiative was led by a Reddit group called WallStreetBets. Now another heavily shorted software company’s share is making $GME like gains amid heavily shorted bet against

P2P
Bitcoin News
P2P
Bitcoin News

Kenya Tops the Chart in Terms of P2P Crypto Trading, Here’s What is Fueling the Adoption

The latest survey by Chainalysis revealed that Kenya ranked the highest on the peer-to-peer exchange trade index, globally. The Global Crypto Adoption Index 2021 surveyed 154 countries to analyze worldwide crypto adoption, where the Kenyan citizens topped the charts with their record-breaking P2P trading stats. Furthermore, Kenya and Nigeria rank 1st and 2nd in Africa,

The latest survey by Chainalysis revealed that Kenya ranked the highest on the peer-to-peer exchange trade index, globally. The Global Crypto Adoption Index 2021 surveyed 154 countries to analyze worldwide crypto adoption, where the Kenyan citizens topped the charts with their record-breaking P2P trading stats. Furthermore, Kenya and Nigeria rank 1st and 2nd in Africa,

Blockchain News
Blockchain News

USAF Taps Constellation Network to Provide Blockchain Security for Data Sharing

The United States Air Force (USAF) has contracted the blockchain protocol, Constellation Network to develop a data security framework that will help in exchanging mission data securely across the Defense Transportation System (DTS). According to the shared press release, Constellation Network will be applying its inhouse developed blockchain protocol Hypergraph Transfer Protocol (HGTP) to the

The United States Air Force (USAF) has contracted the blockchain protocol, Constellation Network to develop a data security framework that will help in exchanging mission data securely across the Defense Transportation System (DTS). According to the shared press release, Constellation Network will be applying its inhouse developed blockchain protocol Hypergraph Transfer Protocol (HGTP) to the

PLUGnet
Blockchain News
PLUGnet
Blockchain News

PLUGnet Introduces Ottó Blockchain for Developers

The launchnet will serve as an incubative platform for innovative DeFi projects PLUGnet, the multichain synthetic asset network, has announced the release of its launchnet. Ottó Blockchain is designed for partners and developers who look to build the next generation of compliant DeFi applications with PLUGnet. PLUG token holders will be given an opportunity to

The launchnet will serve as an incubative platform for innovative DeFi projects PLUGnet, the multichain synthetic asset network, has announced the release of its launchnet. Ottó Blockchain is designed for partners and developers who look to build the next generation of compliant DeFi applications with PLUGnet. PLUG token holders will be given an opportunity to

Fund raise
Bitcoin Mining
Fund raise
Bitcoin Mining

Breaking: Blockstream Enters Crypto Unicorn Club With $210 Million Series B Fundraise

Bitcoin infrastructure firm Blockstream has closed a $210 million Series B funding round to enter the aggressively growing crypto unicorn club. Blockstream’s valuation grew to $3.2 billion. The funding round saw participation from iFinex, the parent company of Tether and Bitfinex along with Scotland-based investment firm Baillie Gifford. The Bitcoin infrastructure provider aims to expand

Bitcoin infrastructure firm Blockstream has closed a $210 million Series B funding round to enter the aggressively growing crypto unicorn club. Blockstream’s valuation grew to $3.2 billion. The funding round saw participation from iFinex, the parent company of Tether and Bitfinex along with Scotland-based investment firm Baillie Gifford. The Bitcoin infrastructure provider aims to expand

Bitcoin News
Bitcoin News

Ex-Manchester United Footballer Charged in $5.52 Million Cryptocurrency Fraud

A former Manchester United Club player has been charged for involvement in a cryptocurrency fraud case. Anderson Luís de Abreu Oliveira, the former midfielder at the famous football club was allegedly involved in a crypto money-laundering ring that laundered nearly 4.7 million Euros equivalent to $5.52 million from the stock exchange. The 33-year footballer could

A former Manchester United Club player has been charged for involvement in a cryptocurrency fraud case. Anderson Luís de Abreu Oliveira, the former midfielder at the famous football club was allegedly involved in a crypto money-laundering ring that laundered nearly 4.7 million Euros equivalent to $5.52 million from the stock exchange. The 33-year footballer could

Bybit
Blockchain News
Bybit
Blockchain News

ByBit Inks 3-Year Esports Sponsorship Deal with Astralis and Alliance

Cryptocurrency trading platform, ByBit has inked a 3 year esports sponsorship deal with both Swedish esports organization Alliance and Danish firm, Astrallis in its drive towards global awareness. The deal, which models similar moves by FTX derivatives exchange is a testament to the growing tilt by major crypto brokerages to the importance of esports. Both

Cryptocurrency trading platform, ByBit has inked a 3 year esports sponsorship deal with both Swedish esports organization Alliance and Danish firm, Astrallis in its drive towards global awareness. The deal, which models similar moves by FTX derivatives exchange is a testament to the growing tilt by major crypto brokerages to the importance of esports. Both

FTX naming rights deal
Blockchain News
FTX naming rights deal
Blockchain News

FTX buys California Memorial Stadium naming rights in a $17.5 million deal

Cryptocurrency exchange, FTX.US recently announced its long-term partnership with the Cal Memorial Stadium, located on the campus of the University of California, Berkeley. The exchange has purchased the stadium’s naming rights in a 10-year contract, worth $17.5 Million. Cal Golden Bears’ First game after FTX deal University of California’s, Cal Golden Bears will be playing

Cryptocurrency exchange, FTX.US recently announced its long-term partnership with the Cal Memorial Stadium, located on the campus of the University of California, Berkeley. The exchange has purchased the stadium’s naming rights in a 10-year contract, worth $17.5 Million. Cal Golden Bears’ First game after FTX deal University of California’s, Cal Golden Bears will be playing

Binance
Blockchain News
Binance
Blockchain News

Breaking: Binance is Reportedly Seeking Government Funding at $200 Billion Valuation

According to sources, Binance Singapore is attempting to secure investment and protection from government funds at a valuation of $200 billion. The news was first covered by Chinese Journalist, Colin Wu on Twitter. Exclusive: Multiple sources told that Binance is considering obtaining investment and protection from government funds at a valuation of $200 billion. Singapore

According to sources, Binance Singapore is attempting to secure investment and protection from government funds at a valuation of $200 billion. The news was first covered by Chinese Journalist, Colin Wu on Twitter. Exclusive: Multiple sources told that Binance is considering obtaining investment and protection from government funds at a valuation of $200 billion. Singapore

Blockchain Banking
Blockchain News
Blockchain Banking
Blockchain News

aelf Enterprise Secures Key Blockchain Accreditations in China

aelf (ELF), one of the world’s leading blockchain ecosystem, revealed Friday that it has become the first public blockchain developer to receive all three accreditation – Function, Performance, and Reliability from the China Institute of Electronics Technology Standardization, CESI.  The accreditation scheme run by CESI is a part of the Chinese Ministry of Industry and

aelf (ELF), one of the world’s leading blockchain ecosystem, revealed Friday that it has become the first public blockchain developer to receive all three accreditation – Function, Performance, and Reliability from the China Institute of Electronics Technology Standardization, CESI.  The accreditation scheme run by CESI is a part of the Chinese Ministry of Industry and

chainalysis
Altcoin News
chainalysis
Altcoin News

Worldwide Crypto Adoption Jumps Over 2300% Since 2019: Chainalysis

New York-based blockchain data analytics platform Chainalysis revealed on Wednesday that global cryptocurrency adoption has skyrocketed worldwide. Residents from more and more countries are diving deeper into the crypto space and integration digital assets usage in their day-to-day life.  The Chainalysis Global Crypto Adoption Index appears as an effort to measure cryptocurrency adoption from the

New York-based blockchain data analytics platform Chainalysis revealed on Wednesday that global cryptocurrency adoption has skyrocketed worldwide. Residents from more and more countries are diving deeper into the crypto space and integration digital assets usage in their day-to-day life.  The Chainalysis Global Crypto Adoption Index appears as an effort to measure cryptocurrency adoption from the

Binance
Blockchain News
Binance
Blockchain News

Breaking: Binance Onboards Former IRS Expert to Lead the Money Laundering Reporting

Binance, the world’s leading crypto exchange has been in regulatory hot waters for quite some time now. The crypto exchange had promised to mend its ways and coordinate with regulators around the world to ensure compliance. It has taken several steps since then by lowering the high trading leverage limits, it closed down its derivatives

Binance, the world’s leading crypto exchange has been in regulatory hot waters for quite some time now. The crypto exchange had promised to mend its ways and coordinate with regulators around the world to ensure compliance. It has taken several steps since then by lowering the high trading leverage limits, it closed down its derivatives

Crypto exchange
Blockchain News
Crypto exchange
Blockchain News

Bitpanda Crypto Exchange Raises $263 Million; Valuation Grow by 3X in 6 Months

Austria’s first unicorn crypto exchange, Bitpanda is riding a bullish streak. In the short span of 6 months, Bitpanda has leaped from a $1.2 billion valuation to a $4.1 Billion valuations after raising $263 Million in a Series C funding round. The latest funding round was led by Alan Howard and REDO Ventures, with existing

Austria’s first unicorn crypto exchange, Bitpanda is riding a bullish streak. In the short span of 6 months, Bitpanda has leaped from a $1.2 billion valuation to a $4.1 Billion valuations after raising $263 Million in a Series C funding round. The latest funding round was led by Alan Howard and REDO Ventures, with existing

Vitalik-Buterin-Layer-Two Success
Blockchain News
Vitalik-Buterin-Layer-Two Success
Blockchain News

Here’s What led to 9% hike in ETH Network Activity after London Upgrade

Ethereum founder, Vitalik Buterin published a detailed analysis on Reddit, explaining the reasons for ETH’s increased on-chain activity by 9 percent after the London Upgrade. The daily gas usage data conveys an increase in the average gas used per day, from ~92B to ~100B, i.e., a 9% surge. Buterin has dedicated the hike to three

Ethereum founder, Vitalik Buterin published a detailed analysis on Reddit, explaining the reasons for ETH’s increased on-chain activity by 9 percent after the London Upgrade. The daily gas usage data conveys an increase in the average gas used per day, from ~92B to ~100B, i.e., a 9% surge. Buterin has dedicated the hike to three

Binance
Altcoin News
Binance
Altcoin News

Breaking: Binance Suspends Korean Won Trading Pairs and Payment Options

Binance, the world’s largest crypto exchange by trading volume announced the discontinuation of Korean Won trading pairs and payment options. The exchange would cut down its services for the Korean customers including suspension of P2P merchant application and Korean Language support. The exchange has discontinued four services immediately. KRW trading pairs KRW payment options P2P

Binance, the world’s largest crypto exchange by trading volume announced the discontinuation of Korean Won trading pairs and payment options. The exchange would cut down its services for the Korean customers including suspension of P2P merchant application and Korean Language support. The exchange has discontinued four services immediately. KRW trading pairs KRW payment options P2P

Altcoin News
Altcoin News

Here’s why EIP-1559 may not downgrade miners’ income?

EIP-1559 upgrade has been live for a week now. August 5th, Thursday, EIP-1559, along with four more EIPs, i.e., EIP-3198, EIP-3529, EIP-3541, and EIP-3554 went live with the Ethereum London upgrade. While the upgrade benefitted traders, providing fasters transactions. It threatened miners’ income by burning the majority of transaction fees and removing its entirety from

EIP-1559 upgrade has been live for a week now. August 5th, Thursday, EIP-1559, along with four more EIPs, i.e., EIP-3198, EIP-3529, EIP-3541, and EIP-3554 went live with the Ethereum London upgrade. While the upgrade benefitted traders, providing fasters transactions. It threatened miners’ income by burning the majority of transaction fees and removing its entirety from

Ripple
Blockchain News
Ripple
Blockchain News

XRP breaches $40B Market Cap As GME Remittance Join Forces With RippleNet

XRP witnessed a major retail demand on Wednesday after RippleNet officially announced its partnership with South Korea based money transfer company, Global Money Express aka GME Remittance. As posted by the firms, the partnership is anticipated to bolster cross-border transactions across the region. Reportedly, this partnership is established via SBI Ripple Asia, a joint venture

XRP witnessed a major retail demand on Wednesday after RippleNet officially announced its partnership with South Korea based money transfer company, Global Money Express aka GME Remittance. As posted by the firms, the partnership is anticipated to bolster cross-border transactions across the region. Reportedly, this partnership is established via SBI Ripple Asia, a joint venture