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BLOCKCHAIN

 
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.

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LOST Island to Provide Groundbreaking Escape Game Experience
LOST's entry into the metaverse with LOST Island will provide users with game-changing escape game experiences as the company has initiated various upcoming initiatives, the company told Blockchain.News.

India’s Telangana State Partners with CasperLabs for Seamless Blockchain-Powered Government Processes
To stimulate more secure, efficient, and sustainable government processes, India’s Telangana State has joined hands with CasperLabs to revamp operations using blockchain technology.

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says
During the Top CEO event in Dubai, Crypto Oasis co-founder Saqr Ereiqat opined that at least 1,000 companies will enter the crypto space in the United Arab Emirates (UAE) by the end of the year based on a fast-paced ecosystem.

The Luna Crash Might Have Been Intentional. Here Is Why
Despite the fact that there is no direct evidence of who was responsible for the crash or if it was in fact intentional, it is clear that someone made a killing when it happened, while ordinary traders and retail investors suffered losses that were extremely severe.

The ECBs digital euro is on its way. How will it affect crypto?
Governments reject the concept of decentralization, claiming that cryptocurrencies are unreliable, unsafe, and therefore shouldn't be used. Instead, they advocate centralized CBDCs. Those motives are understandable; cryptocurrencies allow citizens of a country to bypass capital controls imposed by their government. The elimination of intermediaries might destabilize existing financial infrastructures, which is why governments are taking these steps.

ShareRing Enhances Digital Identity Solutions by Merging ShareToken
ShareRing, a blockchain-based ecosystem providing digital identity solutions, announced to merge ShareToken (SHR) into the Ethereum and Binance networks through a Multichain swap.

Swiss Crypto Firm Launches Venture Fund, Supporting African Early-Stage Blockchain Startups
Crypto Valley Venture Capital's venture fund will offer early-stage financing to African blockchain startups that have the potential to benefit humanity.

Chinese-based BSN to Launch First International Expansion in August: CNBC
Chinese state-backed blockchain company Blockchain-based Service Network (BSN) is reportedly to launch an international project overseas within serval months, according to CNBC citing people with the matter.

The BTC-Stock Correlation at Its Peak. When Will It End? The 4 Top Gainers in DeFi
The crypto world is one brimming with possibilities, and it is unlikely to stagnate, however only the strongest projects will survive

More Troubles for Do Kwon as S. Korea Levies $78M Tax Evasion Fine
Terraform Labs is currently being charged with tax evasion fraud by the South Korean National Tax Service, a move that complicates matters for the startup that is trying to salvage its collapsed ecosystem

Bitcoin Whales Keep Buying the Dip in a Panicky Market
The price of Bitcoin fell below the psychological threshold of $30K, scaring investors. It was preceded by the loss of the dollar peg by UST's stablecoin and the Luna crash.

Chia Network Joins Crypto Lobbying Group Blockchain Association
Chia Network Inc. announced that it has become a member of a Blockchain Association, an industry leader championing the collaboration and innovation necessary to support U.S. leadership in the crypto industry.

Blockchain Gaming N3TWORK Studios Secures $46M in Series A Funding
Blockchain gaming startup N3TWORK Studios has secured $46 million in Series A funding led by venture capital firm Griffin Gaming Partners.

Argo Blockchain Announces 1st Quarter Financial Results
Argo Blockchain has released its financial report for the first quarter of 2022. It showed total quarterly revenue of $19.52 million, up from $17.84 million in the same period last year, attributed to an increase in hash rate over the past year.

Goldman CEO "Big Believer" in Blockchain
David Solomon, the Chief Executive Officer of Goldman Sachs, has said he is a big believer in the technology that underpins cryptocurrencies.

STEPN Commits to Donate $100,000 Monthly towards Carbon Removal
Move-to-earn Web3 running application STEPN has made a commitment to donate $100,000 monthly towards carbon removal as part of its Earth Day goals.

Aventis to Become Asia's 1st Graduate School to Enter Metaverse
Aventis Graduate School unveiled its metaverse roadmap and become Asia's first graduate school to enter the metaverse.

Animoca Brands, Blowfish Studios Announces Closure of Planet Private Sale for Phantom Galaxies
Animoca Brands and Blowfish Studios announced the closure of Planet Private Sale. The Planet Private Sale for Phantom Galaxies sold 7,734 Planets and Asteroids (“Planets”), a kind of NFTs, for a total of US$19.3 million.

Luna Trading Draws Online Discussions in China Despite Crypto Ban
Despite being banned in China, cryptocurrency is gaining attraction in the country as the value of some of the world’s most prevailing digital currencies and Non-fungible tokens (NFTs) has increased.

Spotify Says Testing New Feature to Allow Artists Promote NFTs
Music streaming platform Spotify is planning to add support for NFTs in the future.

Is the Luna stablecoin crash a sign of the entire industry's death?
It is impossible to tell for sure whether the dump was a deliberate act, who stood behind it, or what its purpose was. Transparency in Terra's actions could shed light on these questions.

Crypto Firm Elwood Technologies Raises $70M in Series A Round
American investment banking giant, Goldman Sachs, and Barclays invest in global fintech crypto company Elwood Technologies. The company is valued at up to $500 million after the financing, according to the report from Financial Times.

Australian Crypto Market Tanks on the Arrival of Bitcoin and Ethereum EFTs
Australia’s digital currency exchanges began trading funds on Thursday amid a breakdown in the digital tokens.

Crypto Custody Firm Fireblocks Integrates with the DigitalBits Blockchain
Crypto custody firm Fireblocks has launched a new integration with the DigitalBits blockchain, providing users with secure access to products and services built on the DigitalBits blockchain.

Crypto Assets Mark Cap Continuously Sinks by $200bn
The market cap of the crypto asset continues to suffer by losing $200 billion within a day. Bitcoin suffers from bear market sentiment, breaking $26,000 to its lowest level in 16 months.

World's 1st Fine-Dining NFT Concept Auction to Conduct in May
Gourmeta, the world’s first fine-dining non-fungible token (NFT) concept, announced its NFT dining auction schedules.

UK Adults Hesitant in Crypto Investments due to Perceived Lack of Security
A quarter of the UK's adults are hesitant in crypto investments due to a perceived lack of security, according to research from TMT Analysis.

Terra Resumes after Halting Blockchain Production to Prevent Governance Attacks
Terraform Labs, the company which supports the Terra ecosystem, briefly halted the Terra blockchain for two hours on Thursday after a dramatic slump in LUNA and UST, before restarting later.

BVNK Raises $40M in Series A Round Led by Tiger Global
Cryptocurrency startup BVNK has raised a $40 million Series A round led by Tiger Global.

Illicit Activities in DeFi Sector Seen Rising in Past Two Years: Chainalysis
Illicit cryptocurrency transactions in the decentralized finance (DeFi) sector have been rising over the last two years, according to the Web3 Safety & Compliance report from Chainalysis.

BTCS Inc Taps Axie Infinity intto its Blockchain Infrastructure Operations
Digital currency ecosystem company BTCS, a pioneer in the blockchain and digital currency ecosystem, announced the addition of blockchain-based game Axie Infinity to its blockchain infrastructure operations.

DApps Development Platform Moralis Raises $40m in Series A Funding
Moralis, a blockchain development platform for web applications, announced the completion of a $40 million Series A round, according to Bloomberg.

Republic Capital to Raise $700m for Two Crypto-focused Funds
Investment platform Republic is raising $700 million for two new cryptocurrency funds, a $200 million flagship venture fund and a $500 million dedicated crypto fund, Axios reported.

HK-based Gusto Collective Raises $11m in Funding Round Led by Animoca Brands, Gaw Capital
Hong Kong-based Gusto Collective has raised $11 million in its Seed Plus funding round led by Animoca Brands and Gaw Capital.

Elrond Network Integrates with Cybersecurity Firm AnChain.AI, Enhancing Compliance And Fraud Prevention
Elrond Network completes its integration with cybersecurity firm AnChain.AI, improving compliance and enhancing fraud detection capabilities across Elrond’s product portfolio.

Animoca Brands Partners with OliveX to Run Allowlist Campaign for Dustland Runner
Hong Kong-based Animoca Brands has announced a partnership with OliveX to run an allowlist campaign for Dustland Runner - the company's move-to-earn game.

Crypto Assets Mark Cap Sinks by $800bn within a Month
Crypto assets market lost $800 billion in terms of market cap within a month, Bitcoin continues to suffer from the bearish sentiment, battling at the key technical levels - $30,000.

Axie Infinity Dominates Crypto Games Sector: Crypto Head
The Crypto Head report added that Axie Infinity has a diluted market cap of almost $16 million - which is more than $10 million than third-placed Decentraland.

Bitcoin Miner CleanSpark Announces Second Quarter 2022 Financial Results, Beating Analyst Expectations
CleanSpark announced financial results for the second quarter of 2022, with total revenue for the quarter quadrupling year-on-year to $33.5 million and adjusted earnings before interest, taxes, depreciation (Ebitda) of $22.5 million.

NBA Top Shot Creator Dapper Labs's Flow Launches $725m Blockchain Ecosystem Fund
NBA Top Shot producer Dapper Labs has announced a $725 million eco-fund for Layer 1 blockchain Flow to help grow the flow ecosystem.

Riot Blockchain Generates $79.8m Revenue with YoY Increase of 244%
Riot Blockchain's first-quarter earnings from 2022 showed a new record of total revenue for the quarter. It was up 244% year-over-year to $79.8 million, and its bitcoin production increased year-over-year in the first quarter of 2022 by 186% to 1,405 BTC.

Crypto Expert Nouriel Roubini Develops Tokenized Assets, Aiming at Replacing USD
Crypto-basher economist Nouriel Roubini is developing a tokenized asset designed to counter the volatility of the U.S. dollar due to inflation, climate change, and more.

NEAR Foundation Sets Up a Regional Hub in Kenya, Boosting Blockchain Innovation in Africa
NEAR Foundation has launched a regional hub in Kenya in collaboration with Sankore, an African-focused blockchain community, to trigger talent development, education, and blockchain innovation on African soil.

Nous Launches World's 1st Decentralised Hedge Fund
Blockchain start-up Nous Systems has announced the launch of the world's first decentralised hedge fund built on blockchain technology.

The Bank of Tanzania to Introduce CBDC, Strengthening Domestic Payment System
The Bank of Tanzania is actively introducing a CBDC to strengthen the domestic payment system.

Galaxy Digital Loses $111.7m in Q1 as Crypto Markets Plunge
A diversified financial services firm dedicated to the digital asset, Galaxy Digital (GLXY) announced its financial results for the first quarter ended March 2022, with a significant financial loss.

Over 3.4m Sweatcoin Crypto Wallets Created since Launch of SWEAT Token in April
Sweatcoin has seen the creation of over 3.4 million crypto wallets via its mobile application since the company announced the SWEAT crypto token last month.

Crypto Market Cap Clashes over 50% to around $1.4T
The market cap of cryptocurrencies has fallen more than 50% to around $1.4 trillion as the Federal Reserve (Fed) raised interest rates by 50 basis points sparking a sell-off panic among investors.

El Salvador Buys the Dip for another 500 Bitcoins
The crypto trading world is in a sell-off panic due to the Fed’s rate hike. President Nayib Bukele announced Monday that the government bought just 500 bitcoins at an average price of $30,744, spending about $15.5 million.

Brazilian E-sport's Team MIBR Partners with Bybit
Brazilian esports team MIBR has announced a partnership and sponsorship deal with crypto exchange Bybit for the next three years.

Bitcoin Slumps to 3-Months Low below $30K, Bearish Shockwaves Engulfs the Market
Bitcoin (BTC) slumped to its 3-month low on as investors panic sold on a sustained bearish dump-off that characterized the digital currency ecosystem.

Morpheus.Network Integrates with Polygon to Simplify Supply Chain Activities
Supply chain SaaS platform Morpheus.Network Y integrates with Polygon, a decentralised Ethereum scaling network to simplify supply chain operations.

Portugal Successfully Sells Real Estate With Bitcoin Payments for the First Time
A three-bedroom (two-bedroom) house in the Portuguese metropolis of Braga has successfully sold for Bitcoin for the first time.

Indonesia Officially Imposes 0.1% Tax and VAT on Crypto Income and Purchases
According to CNN Indonesia, Hestu Yoga Saksama, director of tax regulations at the Ministry of Finance, has confirmed that the government has decided to impose a 0.1% tax charge

Mining Capital Coin CEO Indicted for Masterminding $62M Crypto Ponzi Scheme
Mining Capital Coin CEO Luiz Capuci Jr is indicted Friday for orchestrating a scam that defrauded investors around the world of about $62 million, according to the U.S. Department of Justice

Google Creates Web3 Team to Take Advantage of Growing Crypto Popularity
To set the ball rolling in Web3, Google is assembling a team to create services for developers in this ecosystem through its cloud unit, according to CNBC.

Bitcoin Volatility Fades Away; Analyst Who Predicted Bitcoin Drop to 35000 Points Out Top Most Promising Privacy Coins
Bitcoin Volatility Fades Away; Top Most Promising Privacy Coins

California Signs Executive Order to Formulate Crypto Regulations
The US state of California announced that state agencies will work with the federal government to formulate digital currency regulations to officially accept and supervise cryptocurrencies.

Flowcarbon Partners with Celo Blockchain to Create Carbon Market Ecosystem
Climate technology company Flowcarbon has partnered with the carbon-negative blockchain Celo Foundation to create a carbon market ecosystem, which enables carbon emission credits to be traded on the Celo network in terms of token.

Mining company Argo Blockchain to Launch Flagship Mining Facility in Texas
The London-listed Bitcoin mining company Argo Blockchain will officially launch its flagship mining facility Helios in Texas next week.

Hedge Fund Marshall Wace Forms Workforce, Focusing on Blockchain Investments
Investment firm Marshall Wace is forming a blockchain team, focusing on investing in private blockchain-related companies.

Tron Blockchain Launches USDD Decentralized Stablecoin by Tron DAO Reserve
Justin Sun, the founder of the Tron blockchain network, said that he has launched a USDD decentralized stablecoin pegged to the US dollar at a ratio of 1:1 through the Tron DAO Reserve.

Web3 Gaming Platform LootRush Raises $12m in Seed Round
Web3 gaming platform LootRush has raised $12 million in seed funding led by crypto company Paradigm, aiming to make playing Web3 video games easier and more convenient for users.

Animoca Brands Partners with Untamed Planet to Develop Untamed Metaverse
Animoca Brands has announced a partnership with Untamed Planet to develop and publish Untamed Metaverse, a game to help nature conservation efforts.

Cometh Gaming Studio Announces $10m Funding in Seed Round
Cometh gaming studio has announced a $10 million seed round as it launched a second blockchain-based video game.

Marathon Digital Releases Q1Result, Generating 1,259 BTC with YoY Increase of 556%
Marathon Digital Holdings, Inc, one of the largest bitcoin mining companies in North America, announced that its bitcoin production output increased by 556% year-over-year to 1,259 BTC for the first quarter of 2022.

Binance Provides Blockchain Education to Francophone Africa, Narrowing the Financial Gap
To offer lifelong financial and career development to French-speaking Africans, leading crypto exchange Binance is offering blockchain education in Cameroon and Francophone Africa.

Crypto Hedge Fund Pangea Fund Receives $85m in Financing
Cryptocurrency hedge Fund Pangea Fund has raised $85 million to focus on a"long-only" strategy.

Blur Releases Blur Beta, Real-time Trading Platform for NFTs
Blur announced that it is releasing Blur Beta, a real-time trading platform for NFTs.

Crypto Giant Binance Obtains First Global Regulatory Approval Operation from French
Binance, one of the leading cryptocurrencies exchange, has been approved by the French regulatory agency, the first country to allow the exchange to legally operate trading globally.

Gucci to Accept Cryptocurrency Payments in US
The world-renowned luxury brand Gucci will accept cryptocurrency payments by the end of this month and plans to roll it out to direct-operated North American stores this summer.

Coinbase NFT Marketplace is Open to All
Coinbase NFT marketplace is still in beta version and its focus is on creating a social platform for community members of buyers and sellers who can test it and build a larger community.

Privacy-centric Startup Nym Technologies Secures $300m in Funding
Privacy-centric startup Nym Technologies secured $300 million in financing. The new funding would create the Nym Foundation, support research on hybrid networks and privacy-enhancing technologies, and issue grants to developers.

Solar-powered Crypto Mining Becomes Legal in Uzbekistan
Companies in Uzbekistan can start mining cryptocurrencies using solar energy, a presidential decree released this week stated.

CI Global Asset Management Partners with Galaxy Digital, Launching Blockchain and Metaverse ETFs
CI Global Asset Management (“CI GAM”), a major Canadian asset management firm, has partnered with Galaxy Digital to launch ETFs focused on blockchain technology and Metaverse.

Techlinker Asia Partners with TripleA to Remit Payments in Crypto
Tech talent and HR consultancy, Techlinker Asia has partnered with TripleA to allow clients to remit payments in cryptocurrencies or stablecoins.

TRST01 Partners with Blockchain Protocol Rubix to Create Green Economy
Two blockchain technology companies, TRST01 (Trust O One) and Rubix, have established a cooperation to provide a Web3 green blockchain technology platform for institutions to create a green and zero-carbon emission future.

Riot Blockchain Mined 508 BTCs, Increased 150% in April
The production growth is attributed to Riot Blockchain’s continued investment resources in its plants and advanced mining chips.

Q9 Capital Releases 1st Integrated Crypto Portfolio Performance Analytics
Crypto investment platform Q9 Capital has launched the industry's first integrated portfolio performance analytics solution.

Crypto Media Decrypt Secures $10m for Further Editorial Growth
Crypto news company Decrypt announced that it has raised $10 million after departing from its parent company ConsenSys Mesh at a post-money valuation of $50 million.

MicroStrategy Releases Q1 2022 Report, Holding 129,218 BTC
MicroStrategy released the first quarter of 2022 report on Tuesday, the company holds a total of 129,218 BTC, resulting in a $1 billion impairment.

The Central African Republic adopts Bitcoin as legal tender. How will this affect the country and the crypto industry?
The Central African Republic’s adoption of Bitcoin as legal tender – a vain hope or a lifeline?

SEC to Hire More Investigators to Fight Crypto Frauds
The United States Securities and Exchange Commission (SEC) has planned to expand its special unit which was created for investigating cryptocurrency frauds and other illegal activities, The Wall Street Journal reported.

Argentinian Private Bank Banco Galicia Opens Cryptos Trading Service
Banco Galicia (NASDAQ: GGAL), Argentina's largest private bank by market share, has announced that it will allow its users to buy cryptocurrencies such as bitcoin on its mobile app.

Gavin Nathan Joins Spirit Blockchain as Head of Fundraising
British Columbia, Canada-based Spirit Blockchain Capital Inc., which focuses on blockchain and digital assets, announced on May 2, that it has hired Gavin Nathan as head of fundraising.

Animoca Brands' PRIMATE Token Sees Enlistment on Huobi Global
Animoca Brands announced on April 29, that its PRIMATE Token had been listed on the Huobi Global crypto exchange for trading.

1Bn Crypto Users Forecasted in the Next Decade, Says Coinbase CEO
Brian Armstrong, CEO of Coinbase Global Inc, predicted there would be up to 1 billion users of cryptocurrencies within the next decade.

ETH Blockchain DeFi Company Partners with The Glimpse Group to Mint 3D AR-based NFTs
The ETH blockchain DeFi company, The Commission, has established a partnership with The Glimpse Group, virtual reality and augmented reality platform company, to create an AR-based gold-plated NFT project.

10% of Ethereum Supply Staked in ETH 2.0 in Anticipation of The Merge
Ethereum 2.0, which was recently renamed the consensus layer, continues to gain steam because 12,059,714 ETH has been staked in this deposit contract.

Blockchain in Manufacturing Market Expected to Hit $17 Billion by 2027
The urge to streamline operations and track assets with unprecedented precision are some of the factors expected to make the blockchain in the global manufacturing market hit $17.047 billion by 2027, according to a report by Research and Markets.

Propy Partners with Crypto Lending Platform Abra, Launching Crypto-backed Real Estate Loans
Blockchain-based real estate transaction management company Propy has partnered with digital asset wealth management platform Abra to open up a path to obtain real estate loans with digital assets as collateral.

AI-Generated NFT Collection to Preserve Ukrainian Art and Offer Humanitarian Support
Through a global coalition of advocates, digital innovators, artists, and educators, an AI-generated NFT collection has been established to conserve Ukrainian art and raise funds for humanitarian aid.

Crypto Exchange CEX.IO Named as Top 10 Safest Crypto Exchanges by CryptoCompare
Cryptocurrency exchange CEX.IO is named in the top 10 safest cryptocurrency exchanges by CryptoCompare.

Digital B2B Payments Startup CoreChain Technologies Raises $4.2m in Seed Round
Blockchain-based digital B2B payments startup CoreChain Technologies has announced a $4.2 million seed round led by Ulu Ventures.

Panama Congress Passes Crypto Regulation Bill
Panama’s legislature voted 38 in favor, 2 abstentions, and none against a bill to legalize the use of cryptocurrencies on Thursday.

Zcash Co-founder "John Dobbertin" is Actually Edward Snowden
Edward Snowden has been revealed as one of the co-founders of Zcash, after he gave his fellow co-founder Zooko Wilcox permission to disclose his involvement.

Web3 Data Ecosystem Pocket Network Adds Support for the Fantom Blockchain
The Web3 blockchain data ecosystem Pocket Network adds support for the Fantom blockchain, allowing developers to mint Fantom RPC endpoints for their applications directly from Pocket Portal, earning $POKT tokens.

Fidelity Investments Adds More Than 12,000 New Jobs to Meet Customer Interest in Growing Areas Like Crypto
To address customer demands in growing areas like cryptocurrency and direct indexing, Fidelity Investments has created more than 12,000 job offerings to shape the future of financial services.

Web3 Running App STEPN Launches NFT Sneakers with STEPN
Move-to-earn Web3 running app STEPN has partnered with ASICS to release a limited edition of "STEPN x ASICS NFT Sneaker" Mystery Box Collection.

Hong Kong's K11 MUSEA Launches Large-scale Showcase of NFTs
Hong Kong's K11 MUSEA is launching a large-scale showcase of non-fungible token (NFT) art from April 29 to June 19, 2022, along with educational workshops and talks for all ages.

Investment Giant Goldman Sachs Offers the First Bitcoin-backed Lending Loan
Goldman Sachs announced to offer the first bitcoin-backed lending loan, lenders might make use of the bitcoin they own as cash collateral for this loan.

Samsung to List Blockchain ETF on the HKEX
The new EFT launched by Samsung will track crypto and blockchain tech companies listed in Asia.

BTC Seems Ready for a Breakthrough; Top Performing Tokens to Watch
BTC Seems Ready for a Breakthrough; Top Performing Tokens to Watch

Japan’s Double Jump.Tokyo Raises $24m to Scale Blockchain Gaming Products
Double Jump.Tokyo is targeting to partner with major game developers. The Japanese blockchain company has raised $24 million in a Series C funding round.

Gemini Report Shows Women Lagging Behind Men in Web3 Investments
Gemini's report showed that women make up only 26% of Web3 investors.

Texas City Fort Worth Becomes First Government to Mine Bitcoin in the US
Fort Worth, a City in Texas State, announced Tuesday to become the first city government to mine Bitcoin in the United States.

Robinhood Lays Off 9% Workforce, Shares drop
Robinhood is laying off 9% of its full-time workforce, CEO Vlad Tenev announced, as the shares of the company's stock hit a new low.

Standard Chartered Enters The Sandbox Metaverse
Banking giant Standard Chartered has entered the metaverse with The Sandbox to build a virtual space for its clients and supporters.

What does Musk's takeover of Twitter mean for the crypto market?
Scientific research confirms Musk's short-term effect on crypto. Musk’s takeover of Twitter is likely to boost its decentralization. Musk owning Twitter will likely benefit the crypto market in the long run

Zetrix-based NFTs Minting Launches on the NFT Pangolin
Zetrix-based NFT Minting joins the global marketplace NFT Pangolin recently.

Binance Launches Refugee Crypto Card for Displaced Ukrainians
Binance said that it has launched the Binance Refugee Crypto Card for Binance users from Ukraine who were forced to move to the European Economic Area countries due to the ongoing war with Russia.

2 Europeans Charged in Connection to Virgil Griffith's North Korea Case
The two Europeans were allegedly collaborating with Virgil Griffith, a cryptocurrency researcher who was recently sentenced to prison for providing cryptocurrency and blockchain technology services to North Korea, Reuters reported.

Indicio Secures $3.5m to Expand Blockchain Technology to Validate Digital Credentials
Seattle startup Indicio has announced a $3.5 million seed round led by Hard Yaka.

Canadian Fintech Firm Stablecorp Secures $1.5m from Crypto Leaders
Canadian fintech firm Stablecorp announced that it has secured $1.5 million in participation from crypto market leaders, including Circle Ventures, the issuer of USD Coin (USDC) in the Pre-Series A Funding Round.

Video Game Company BoomBit Launches Blockchain Gaming Platform BoomLand
Video blockchain gaming company BoomBit has launched BoomLand. Players and game developers can earn NFTs and cryptocurrencies in the form of $BOOM and $BGEM tokens.

Nigerian Blockchain Remittance Platform Afriex Raises $10M in Series A Funding
Nigerian fintech startup Afriex has closed a $10 million Series A round at a $60 million valuation.

FinTech Association of Hong Kong Supports HKMA's Risk-Based Approach to Regulate Stablecoins
The FinTech Association of Hong Kong said that it is in principle supportive of the Hong Kong Monetary Authority's January discussion paper on crypto assets and stablecoins.

JustCarbon DAO Announces Multi-Exchange Platform Partnership
Carbon action marketplace JustCarbon has announced a multi-exchange platform partnership with DigiFinex, Coinsbit, LAToken and Coinstore signifying a play for dominance in the carbon market.

Dogecoin Skyrockets after Musk Announces Acquisition of Twitter for around $44bn
Dogecoin was up to more than 20% after Musk made a $46.5 billion takeover offer on Monday for a 9.2% stake in Twitter and completed a physical acquisition.

Algorand Implements Sustainable Carbon Offset Smart Contracts
Blockchain-based crypto platform Algorand said it will implement smart contracts that automatically offset carbon emissions, and use part of the transaction fees to offset its carbon emissions.

Crypto Exchange Kraken to Launch in UAE
U.S.-based cryptocurrency exchange Kraken expands to the UAE, and open an office in Abu Dhabi.

Will BlackRock monopolize the entire crypto market?
BlackRock Inc., who amassed $10 trillion in assets under management at the end of last year, and was even dubbed the "fourth branch of government" is making headlines with its plans to offer crypto trading via its Aladdin platform, lend money using crypto assets as collateral, and become the primary manager of Circle's USDC cash reserves.

Crypto Lending Platform SALT Works with Cion Digital, Launching Crypto Lending Service for Auto Dealers
Crypto lending platform SALT has partnered with Cion Digital to launch crypto lending-as-a-service for over 5,000 U.S. auto dealerships.

SkyBridge Capital's Crypto Pivot Looks to Triple its Assets
Hedge fund SkyBridge founder Anthony Scaramucci said he plans to shift the pace of SkyBridge Capital's investment to virtual digital assets.

American Premium Water Corporation Acquires Crypto Mining Company CloudX
American Premium Water Corporation announced the acquisition of cryptocurrency mining and staking company CloudXchange DataCentre Inc. (“CloudX”) for $45.6 million.

CertiK Raises $60m In New Funding in Two Weeks
The new fund comes just two weeks after CertiK mopped up $88 million Series B3 round as the blockchain company continues to beef up its business offerings.

Hong Kong's Regal Hotels Announces Entry into Metaverse with Project MetaGreen
Hong Kong's Regal Hotels Group has announced its entrance into the metaverse with project MetaGreen, scheduled for completion by October 2022.

a16Z to Establishe Crypto Research Lab
Wallet Street Venture Capital firm, Andreessen Horowitz (a16Z) established its own crypto research lab to conduct blockchain-related academic research.

XVI Citizens to Introduce 16 Personalities as NFTs
The 16 Personalities idea is turning into non-fungible tokens (NFTs) and entering the metaverse for the first time through the XVI Citizens project.

Bybit Now Supports Crypto Purchases with Credit or Debit Cards
Bybit users can directly buy crypto with their credit or debit cards using fiat currencies, the cryptocurrency exchange company announced.

Crypto.com Backs MIT's Digital Currency Initiative With a 4-Year Partnerhship
Singapore-based digital currency trading platform Crypto.com has announced the Digital Currency Initiative support at the Massachusetts Institute of Technology’s (MIT) Media Lab with a four-year partnership.

PlanetWatch Partners with Treedom to Launch "Stake for the Planet" Initiative
PlanetWatch in partnership with Treedom has launched a "Stake for the Planet" initiative.

MetaHollywood Aims to Become Largest Hollywood-Themed Metaverse
MetaHollywood is building the largest online community within a Hollywood-themed metaverse following a joint venture between Animoca Brands and the Planet Hollywood Group.

Commerzbank Applies for Crypto License
After the German commercial bank (Commerzbank) earlier this year applied for license encryption, if they are licensed, will become the country's first major bank to provide encryption currency.

Dual Miners Launches Dual Miners with SHA-256 and Scrypt
Chip design and the manufacturing company Dual Miners announced the launch of SHA-256 and Scrypt, as the first dual-mining machine hardware equipment worldwide, which is expected to be more energy efficient than other algorithms.

Hong Kong's MTR Becomes World's 1st Transport Operator to Enter The Sandbox Metaverse
Hong Kong's MTR Corporation has become the first global transport operator to join The Sandbox metaverse to create new and immersive experiences in the virtual world.

Can BTC Decouple from Stocks and Rally? The Most Promising Web3 Tokens to Watch
The stock market seems destined to fall amid rising interest rates, slowing economic growth, and limited global liquidity. But does that mean the worst is yet to come for the crypto market?

What Really Is the Metaverse? Review of the Most Popular Virtual Worlds
Even though everybody is talking about it now, it is difficult to answer what the Metaverse is exactly. In this article, I’ll break down the history of the term and review some of the most important use cases.

Digital Currency Ecosystems Company BTCS Inc. Adds Ethereum Layer 2 Sidechain Polygon
An early mover in the blockchain and digital currency ecosystems BTCS Inc. announced the addition of Layer 2 proof-of-stake sidechain Polygon (“MATIC”) to its blockchain infrastructure operations.

Simplify Asset Management Files Application of the "MAXI" Bitcoin ETF
According to filings with the U.S. Securities and Exchange Commission (SEC), a Registered Investment Adviser Simplify Asset Management filed the application for Simplify Bitcoin Strategy Risk-Managed Income ETF under the ticker symbol MAXI.

BlockApps Raises $41m in Series B Funding
Blockchain services company BlockApps announced that it has raised $41 million in Series B funding.

Medical Blockchain LEMONCHAIN Token to List on MEXC Crypto Exchange
On April 20, the native token LEMC of LEMONCHAIN ​​Ltd., a project in the medical blockchain industry, announced its listing on the LEMONCHAIN cryptocurrency platform.

Blockchain-based Games Rallied Up 2,000% in One Year, DappRadar’s Latest Report Shows
Despite setbacks, blockchain games are dominating in the DApp industry. Sutdy from DappRadar shows blockchain-based games has risen by 2,000% since Q1 of 2021.

Top 4 crypto events to watch in 2022 besides The Merge
Following up on the rapidly developing blockchain technology, let's take a look at what the crypto community is looking forward to in 2022 – the biggest milestones for some of the most popular blockchain systems besides Bitcoin and Ethereum.

Are These Top 5 Crypto Losers Just Struggling to Recover or Doomed to Fail?
Are These Top 5 Crypto Losers Just Struggling to Recover or Doomed to Fail?

A New Era of Mass Adoption. Shopify to Bring Bitcoin to a Quarter of Global Population
Strike's partnership with Shopify, Blackhawk Network, and NCR allows people to use Bitcoin in a much more mainstream way, ditching traditional payment system monopolists.

European Crypto Industry Leaders Ramps up Efforts to Influence EU Regulatory Crypto Policy
According to Reuters, the European Union is working to regulate the cryptocurrency industry, advocating for relevant cryptocurrency exchange companies to disclose relevant details, but has been rejected by more than 40 cryptocurrency business leaders.

Silvergate Bank Earns Nearly $60m in Q1, Net Income Hits $24.7m
American Commercial bank Silvergate Capital, a bank focused on digital currencies, reports financial results for the first quarter of 2022.

Blockchain Can Improve Climate Crisis through Smart Contracts, Study Shows
Climate change is considered a desperate issue in modern times. Blockchain technology is believed to act as a stepping stone towards addressing economic complexities and interoperability when transiting to renewable energy, study shows.

U.S. Air Force Files Trademark Application for Digital Metaverse 'SpaceVerse'
The U.S. Air Force (USAF) files a trademark application for "SpaceVerse" with the U.S. Patent and Trademark Office to expand military training into the metaverse.

Solana-based Defi Protocol Delta One Raises $9.1M in Seed Funding
Defi protocol Delta One on the Solana blockchain has announced that it has raised $9.1 million in a seed round led by Alameda Research and Ship Capital.

IMF Calls for Global Govts to Keep a Check on Crypto
The International Monetary Fund has advised international decision-makers to keep a check on crypto, following deepening concerns highlighted by the war in Ukraine, The Block reported.

Chicago Board Options Exchange Files Trademark for NFT & Crypto Services
The Chicago Board Options Exchange has filed for a trademark application for CBOE DIGITAL, NFT trademark, according to its attorney Michael Kondoudis's announcement through a tweet.

Banking Infrastructure Needs Blockchain Technology to Meet Rapid Fintech Enviroment, HashCash CEO Says
With the fintech industry making significant strides within a short time, the banking sector ought to integrate blockchain technology to keep pace with this area, according to HashCash CEO Raj Chowdhury.

Australia's First Bitcoin ETF to Launch on Apr 27
Australia’s first bitcoin ETF will be listed on the Cboe stock exchange next week, The Australian Financial Review reported on Tuesday.