Cryptocurrency news
Current news from the world of cryptocurrencies, information technologies and decentralized solutions. Stay up to date with the latest developments in the digital sphere.
Botanix Labs Launches Testnet for Bitcoin-Based Layer 2 Solution Spiderchain
Botanix Labs has unveiled the Aragog testnet for its EVM-compatible Layer 2 (L2) solution, Spiderchain, designed to enhance Bitcoin’s ecosystem.…
What Are Blockchain Bridges and How Do They Work?
As blockchain technologies evolve rapidly, the number of blockchain networks…
What is Web3 and How Does It Differ from Web2?
The internet is undergoing significant changes, and in response to…
Blockchain and Digital Identity: How Blockchain Can Improve Personal Data Security
As the world becomes increasingly digital, the importance of digital…
Botanix Labs Launches Testnet for Bitcoin-Based Layer…
Botanix Labs has unveiled the Aragog testnet for its EVM-compatible Layer 2 (L2) solution, Spiderchain, designed to enhance Bitcoin’s ecosystem. A decentralized Bitcoin L2, fully EVM equivalent, purpose-built for Bitcoin-native DeFi. Botanix’s final testnet is now live: — Botanix Labs…
Justin Drake: Solana Won’t Kill Ethereum
The blockchain network Solana, often dubbed the “Ethereum killer,” poses no real threat to Ethereum and isn’t even its direct competitor, according to Ethereum developer Justin Drake. He shared his perspective in an interview with CoinDesk. Drake explained that Ethereum’s…
Hut 8 to Raise $500 Million to…
Bitcoin mining firm Hut 8 has entered into an agreement to sell common shares at market price, with a total offering of $500 million. Hut 8 today announced a $500 million ATM program and a $250 million stock repurchase program.…
Indian Authorities Claim $97M Tax Liability from…
India’s Finance Minister, Pankaj Chaudhary, revealed that 17 cryptocurrency companies, including Binance, WazirX, and CoinDCX, owe the government $97 million in unpaid taxes. The bulk of the amount, $85 million, is attributed to Binance, while the remaining $12 million involves…
Phantom Wallet Removes Seed Phrases for User…
The team behind Phantom Wallet has introduced a new feature that allows users to create a crypto wallet using only an email address and a four-digit PIN code. It’s never been easier to onboard your friends and family to crypto.…