In the ever-evolving world of blockchain technology, the TON blockchain, or The Open Network, is striving to achieve a groundbreaking milestone. On October 31, the TON blockchain will attempt to set a new world record for the fastest blockchain network. With its first public performance test, TON aims to break the current record for the most transactions per second (TPS).
In today’s increasingly connected world, cryptocurrency is playing an integral role in various geopolitical conflicts. In this article, we delve into two prominent cases that highlight the extent of cryptocurrency’s involvement in such conflicts. We first examine how Hamas is leveraging digital currency to finance its attacks on Israel. Then, we explore the theft of $900 million in cryptocurrency by
The Bitcoin Ordinals marketplace, known as Ordswap, recently faced a disruptive incident that temporarily halted its operations. This popular marketplace, which specializes in cryptocurrency trading services, encountered a loss of control over its official domain, resulting in severe service disruptions. The team swiftly informed users through a post on the X platform (formerly known as Twitter), urging caution against connecting
In the world of cryptocurrency, mainstream adoption is a goal that many projects strive to achieve. Bitcoin, as the pioneering digital currency, holds immense potential for revolutionizing the financial landscape. However, to truly unlock its power and enable widespread adoption, it is crucial to bridge Bitcoin with the Ethereum Virtual Machine (EVM). Bitcoin’s technological security and decentralization Bitcoin has long
In response to the growing demand for participation in commerce across multiple blockchains, Mastercard has unveiled a groundbreaking solution that allows for the seamless integration of pilot Central Bank Digital Currencies (CBDCs) and Non-Fungible Tokens (NFTs). Leveraging its advanced control measures and the power of blockchain technology, Mastercard aims to revolutionize the digital economy by enabling secure, efficient, and fraud-resistant
In a recent move, the Financial Conduct Authority (FCA), the United Kingdom’s financial markets regulator, has expanded its warning list to include major cryptocurrency exchanges. These exchanges are now categorized as ‘non-authorized firms’ that citizens ‘should avoid’. This decision raises concerns about their operation without the necessary license or compliance with UK regulations, potentially putting customers at risk. FCA’s Warning
In the world of cryptocurrency, Sam Altman, founder of Worldcoin and CEO of OpenAI, has emerged as a prominent voice. With his deep involvement in the industry, Altman has expressed growing concerns about the US government’s escalating efforts to regulate and exert authority over the cryptocurrency market. Drawing a striking parallel, he likened these actions to a form of “war”
Headline: Predictions for Bitcoin Halving PoiThe upcoming Bitcoin halving has generated significant buzz and excitement in the market. Traders and investors are eagerly anticipating the reduction in Bitcoin block rewards, which is expected to have a profound impact on the price of the leading cryptocurrency. Numerous predictions have been made, with most of them pointing towards a bullish outlook for
Blockchain technology continues to disrupt traditional financial systems, and JPMorgan is at the forefront of this revolution, leveraging its potential to transform money market fund shares into tokens. By taking this innovative step, JPMorgan aims to address the industry’s longstanding need for seamless transfer of collateral ownership. With its Tokenized Collateral Network (TCN) application, JPMorgan is enabling the tokenized ownership
Pegasystems Inc. (NASDAQ: PEGA), a leading provider of low-code platforms, has unveiled the Pega Financial Crime and Alerts Investigation Management Accelerator. This innovative solution aims to assist financial institutions in effectively managing the growing number of risk alerts and streamlining investigations, leveraging Pega’s intelligent automation, case management capabilities, and groundbreaking generative AI-powered features. Problem Statement Financial institutions face a mounting
Blockchain technology has taken the world by storm, revolutionizing various industries with its decentralized and transparent nature. At the core of this technology lies the concept of finality, which provides the necessary assurance of transaction validity and permanence, making it a foundational concept for the reliability and functionality of the technology. The Significance of Finality in Blockchain Finality is a
North Korea’s state-sponsored hackers pose a significant and evolving threat to global cybersecurity. These cyber operatives, working at the behest of the ruling totalitarian regime, continue to refine their arsenal of tactics, techniques, and procedures. Their activities have become increasingly sophisticated and diverse, allowing them to conduct various malicious operations with alarming success. The Scale of Theft: Stealing Billions In
