CRYPTOCURRENCY
BNB Chain Integrates zk-Fault Proof for opBNB, Enhancing Performance
BNB Chain introduces zk-fault proof for opBNB, aiming to enhance performance and reduce challenge periods.
dYdX Introduces MegaVault: A New USDC Yield Feature
dYdX announces MegaVault, a feature enabling USDC deposits for liquidity provision and yield generation, with automated market-making strategies across various markets.
Optimism (OP) Announces Critical Fault Proof Upgrade Impacting Bridges and Exchanges
Optimism introduces major updates to Fault Proofs, affecting withdrawal processes for bridges and exchanges on OP Mainnet and OP Sepolia.
Quantinuum Secures $300 Million in Landmark Quantum Computing Funding Round
Quantinuum secures a significant $300M equity fundraise at a $5B valuation, led by JPMorgan Chase, Mitsui, Amgen, and Honeywell, marking a major stride in the quantum computing sector and boosting development of fault-tolerant quantum computers.
GFT and Thought Machine Partner to Drive Digital Transformation in U.S. Banking
GFT and Thought Machine are collaborating to propel U.S. banks into the digital age, departing from legacy systems in favor of cloud-native solutions. Traditional banks are now focusing on introducing innovative financial experiences to gain a competitive edge. The partnership offers three paths to digital transformation, with GFT being a leading implementation partner of Thought Machine's Vault Core. This technology enables the launch of digital-first banks or migration from legacy systems. The partnership has achieved significant milestones, including certifications and completed projects. Traditional banks are poised to leverage their expertise and regulatory frameworks by embracing digitization.
Fantom's Evolution: From Technical Innovations to Ecosystem Expansion
Fantom continues to innovate despite facing challenges in its DeFi ecosystem. With planned technical upgrades and a focus on growing its developer community, the network aims for a robust and diversified blockchain ecosystem.
Ault Alliance's Sentinum Mined 909 Bitcoins this year
Ault Alliance's subsidiary, Sentinum, mined 909 Bitcoins from Jan to Jul 2023, with 668 in Michigan and 241 via a partnership with Core Scientific.
Bitcoin Miner Ault Alliance Regains NYSE Compliance
Ault Alliance, Inc., a diversified holding company, has successfully regained compliance with the NYSE American's continued listing standards, according to a statement released by the company. The NYSE American had previously notified Ault Alliance of its non-compliance due to the low trading price of the company's common stock.
CNN Halts NFT Project, Seeking Avenue to Compensate Fans
Cable News Network (CNN) has announced that it will be terminating its active development and engagement of its NFT project dubbed “Vault by CNN.”
Blockwater Technologies Defaults Loan from TrueFi
The blockchain investment firm has only managed to repay $654,000 of its outstanding debt following the restructuring decision. However, the firm failed to make payment on time and the debt currently amounts to $3 million.