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The Latest Breaking News from blockchain

Ordinals are pushing Bitcoin beyond $25K. What are they?

Bitcoin’s price has surged almost 14% over the past two days.

Fortune

Investors still trust anonymous crypto founders with millions—even after the FTX meltdown

Crypto investors have put millions into ventures run by 'anons.' Sam Bankman-Fried and the FTX collapse have only strengthened their faith.

Fortune

Blockchain analyst firm Elementus is now worth $160M

The funding announcement reflects continuing investor interest in blockchain infrastructure and data analytics companies, even amid a Crypto Winter.

Fortune

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Navi Mumbai Industrial zone reserved for academic and research organisations in IT and medical sectors

MUMBAI: In a move to create non-polluting industrial zones around Mumbai, the upcoming integrated industrial zone in Navi Mumbai will largely have academic and advanced research-oriented establishments dealing in robotics, artificial intelligence, genetics, IOT or blockchain etc.

The Times of India

Why may Amazon be interested in NFTs?

The online retail giant’s tendrils extend from web hosting to health care. Does an investment in NFTs make sense?

Fortune

Dubai International Financial Center Announces Metaverse Platform

The Dubai International Financial Centre (DIFC) launched the DIFC Metaverse Platform in line with the Dubai Higher Committee for Future Technology and Digital Economy's aim to attract technology innovators worldwide. The DIFC Metaverse Platform is aligned with the Dubai Metaverse Strategy, which aims to add $4 billion to Dubai's gross…

Asharq Al-Awsat

Sovereign Labs gets $7.4M in round led by Haun Ventures

The round signals a potentially broader shift toward funding blockchain infrastructure projects in 2023.

Fortune

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California's DMV is now using blockchain. That could be huge

Californians will soon be able to carry their car titles as NFTs in a digital wallet.

Fortune

Sui blockchain-based Ethos Wallet raises $4.2 million to build out applications on the little-known blockchain

The funding round comes as funding for crypto-related startups becomes increasingly scarce.

Fortune

California announces DMV-run blockchain through partnership with Tezos

The agency will digitize car titles for California drivers.

Fortune

Solana shakes off its death rattle with a 140% jump in value since the start of the year

The cryptocurrency’s underlying blockchain has also outpaced competitors in the number of developers contributing to it.

Fortune

JPMorgan CEO Jamie Dimon says that Bitcoin is a ‘hyped-up fraud’ and cryptocurrencies are a ‘waste of time'—but blockchain is a 'deployable' technology

“I think all that's been a waste of time and why you guys waste any breath on it is totally beyond me,” Dimon told CNBC on Thursday. “Bitcoin itself is a hyped up fraud. It’s a pet rock.”

Fortune

UK-founded crypto firm Blockchain.com lays off almost a third of workforce

UK-founded crypto brokerage Blockchain.com is set to cut 28% of its workforce as the so-called ‘crypto winter’ intensifies.

Evening Standard

'A fraud and a bubble are two different things': Crypto is shocking to a financial historian who literally wrote the book on financial bubbles

Financial historian William Quinn says crypto is either the smartest “Ponzi” or the stupidest “bubble” in history: “And the truth is probably somewhere in the middle.”

Fortune

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Bangkok Post

JIB introduces digital coin for loyalty scheme

IT retailer JIB Computer Group has embraced corporate blockchain technology as it pushes its utility token JBC coin to serve as a new marketing tool and draw the interest of younger generations.

Fortune

Why the environmentalist critics of data centers are wrong

There is no path to lower carbon output that doesn’t depend heavily on adding more information technology to our infrastructure, writes EY's blockchain leader Paul Brody.

Tribune News Service

Will 2023 bring more crypto bankruptcies to weed out ‘the pumps and the frauds’?

The crypto industry had a rough go of it in 2022, with crashing cryptocurrency prices and a series of catastrophic bankruptcies.

Bangkok Post

Blockchain gets religion? Taiwan temple mints NFTs

The Chinese sea goddess Mazu is big business in Taiwan and the blockchain could make it even bigger.

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Fortune

The evolution of crypto and Web3 in the Arab world

Central banks in the Middle East and Northern Africa are driving the region's progress in crypto and Web3.

Newsroom.co.nz

The road ahead for cryptocurrencies

Greater government regulation of blockchain technology may bring more structure and stability to the crypto sector | Content partnership

The Guardian - US

In balmy Puerto Rico, diehards shrug off the crypto winter: ‘We’re not worried’

Blockchain aficionados have long flocked to the island for its favorable tax laws. But as the industry wobbles, local residents are pushing back

Fortune

Blocknative raises $15 million to provide global infrastructure to Ethereum

The Series A round is backed by web3 native funds like Blockchain Capital and HackVC.

The National (Scotland)

Laird could sell off Scottish nudist beach after losing £130k in crypto 'scam'

A LAIRD who lost £130,000 in a cryptocurrency investment has warned he may have to sell off parts of his estate.

The Conversation

NFTs in the art world: A revolution or ripoff?

Non-fungible tokens (NFTs) are digital objects that represent something else, such as a work of art, a video or even a tweet. They certify the existence and the ownership of this item through a data recording on a blockchain (a distributed ledger technology).

Fortune

Goldman Sachs and the return of ‘Blockchain not Bitcoin’

Goldman Sachs CEO says Wall Street knows best when it comes to blockchain innovations.

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