Google Cloud has announced its participation in Polygon’s Proof-of-Stake (PoS) network as one of its decentralized validators. This move aims to enhance the security and governance of the blockchain, leveraging Google’s reputation for providing top-notch security services in various areas. Google Cloud, known for powering platforms like Gmail and YouTube, will bring its infrastructure to
Blockchain
The World Federation of Exchanges (WFE) has recently provided insights and recommendations for the digital asset sector, as user adoption and regulatory concerns continue to rise. With an increasing number of traditional financial institutions embracing blockchain technology and offering digital assets, the WFE emphasizes the importance of implementing regulatory standards to address user fears and
Crypto.com, a prominent payments and cryptocurrency exchange, has recently announced its integration of PayPal USD (PYUSD) into its platform. This move further solidifies Crypto.com as a “preferred” exchange for the stablecoin. The partnership between Crypto.com, payments giant PayPal, and blockchain infrastructure company Paxos aims to promote the global adoption of cryptocurrencies. By listing PYUSD for
Tecpetrol, a leading oil producer in Argentina, has recently unveiled its plans to engage in cryptocurrency mining using associated gas. The company, which focuses on oil and gas exploration in various Latin American countries, including Venezuela, Bolivia, Ecuador, Mexico, Peru, and Colombia, aims to generate electricity from the gas produced in its oil fields near
The recent development in the bankruptcy and reorganization plan of the crypto firm Celsius Network has faced opposition from the United States Securities and Exchange Commission (SEC) regarding the involvement of Coinbase. Celsius had proposed using Coinbase to distribute digital assets to its international customers, seeking approval from the court. However, the SEC objects to
Crypto influencer Ben Armstrong, previously known as BitBoy Crypto, found himself in a distressing situation while live-streaming on YouTube. What was supposed to be an exciting stream from a special location turned into a series of events that led to his arrest by the police. Armstrong had announced earlier today on social media that he
Transparency and accountability are crucial in the rapidly evolving world of cryptocurrency trading. Hong Kong, a prominent global financial hub, has been taking steps to establish itself as a trusted and regulated center for digital asset trading. However, recent events, such as the JPEX scandal, have highlighted the need for greater oversight and regulation in
ConsenSys, a leading Ethereum software company, recently announced the sunset of its popular toolkits, Truffle and Ganache. These toolkits have played a crucial role in the development and testing of smart contracts on the Ethereum network. This decision comes as ConsenSys shifts its focus towards empowering developers with MetaMask toolkits like Snaps and SDK. Truffle
The city of Busan in South Korea has announced its plans to launch a blockchain-powered digital assets trading platform, called the Busan Digital Asset Exchange (BDX), by the end of this year. With a vision to become a global integrated platform for digital assets, Busan aims to tokenize valuable assets such as raw materials, precious
The retail giant Walmart has recently announced its foray into the metaverse, joining the likes of Roblox in exploring the potential of this emerging virtual world. However, Walmart’s approach has drawn criticism for its focus on children and concerns about responsible advertising. This article delves into the details of Walmart’s metaverse strategy and examines the