What is a seed phrase and why is it important?
A seed phrase might be confusing and probably you might be wondering how a seed phrase looks and maybe how...
Blockchain News
Waves-backed stablecoin USDN breaks peg again amid protocol upgrade
As the crypto community tries to navigate the bear market and recover from the onslaught brought about by stablecoin incidents...
Japan considers implementing tax reforms to prevent capital flight of crypto startups
According to local news outlet Yomiuri, Japan's Financial Services Agency is considering amending the virtual currency taxation system for corporate...
MTV adds Metaverse award category: Nifty Newsletter, Aug 17–23
In this week’s newsletter, read about how the Metaverse is a catalyst for nonfungible token (NFT) adoption. Check out how...
China begins next phase of CBDC testing with e-CNY payment for public transport
According to multiple sources, on Tuesday, China officially began rolling out the next round of its central bank digital currency...
Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge – Blockchain Bitcoin News
The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as...
FTX revenue reportedly grew 1000% in one year, leaked documents reveal
FTX was among the many crypto exchanges with a front-row seat to witness the crypto hype of 2021, back when...
Yuga Labs Officially Releases IP Rights Tied to Cryptopunks, Meebits NFTs — Galaxy Digital Report Criticizes BAYC License – Blockchain Bitcoin News
Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has officially released the intellectual...
Crypto Unicorns founder says P2E gaming is in a long ‘maturation phase’
As the hype surrounding play-to-earn (P2E) games and platforms began to dwindle in early 2022, Web3 participants began to emphasize...
A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction
After an impressive 73% rally between July 13 and Aug. 13, Avalanche (AVAX) has faced a 16% rejection from the...
Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
According to local news outlet LaPresse on Wednesday, the Caisse de dépôt et placement du Québec (CDPQ), an institutional investor...
Bank of China unveils new e-CNY smart contract test program for school education
According to local news outlet Sohu.com, on Tuesday, the state-owned Bank of China announced a new program to bridge primary school...
World Gold Council Exec Believes Blockchain Technology Will Bolster Trust in the Gold Industry – Blockchain Bitcoin News
The World Gold Council’s (WGC) head of global sales and regional CEO, Joe Cavatoni, explained on Friday that he believes...
Velodrome recovers $350K stolen funds from team member Gabagool
Velodrome Finance, a trading and liquidity marketplace, announced the recovery of $350,000 stolen on Aug. 4. However, the occasion turned...
Number of People Working in Blockchain Industry Went up by 76%, Large Gap in Demand for Technical Talent Exists – Blockchain Bitcoin News
The number of people working in the blockchain industry went up by 76% year-on-year as of June 2022, a study...
Russia plans to roll out digital ruble across all banks in 2024
The Bank of Russia continues working towards the upcoming adoption of the central bank digital currency (CBDC), planning an official...
Fractional NFT Markets Slide 76% in Value in 7 Months, Diced-up Doge NFT Still Leads the Pack – Blockchain Bitcoin News
When non-fungible token (NFT) collectibles became popular, the fractionalized NFT market grew past the $200 million range seven months ago...
Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee
On Thursday, cryptocurrency exchange Hotbit said it "suspended trading, deposit, withdrawal and funding functions," with no timeframe for resumption. In...
Brazilian Voting Authority Might Include Blockchain Tech in Future Elections – Blockchain Bitcoin News
The Brazilian voting authority (TSE), has publicly declared it is studying blockchain as a technology that might help the organization...
White hat hackers have returned $32.6M worth of tokens to Nomad bridge
Mere hours after the Nomad token bridge published an Ethereum wallet address last week for the return of funds following...
Tiffany & Co. NFT Sale Sells out, Luxury Jewelry Retailer Rakes in $12.5M in Ethereum – Blockchain Bitcoin News
On August 5, 2022, the American luxury jewelry retailer Tiffany & Co. announced that the company’s non-fungible token (NFT) mint...
Hodler’s Digest, July 31-Aug 6
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best...
