Blockchain Analytics Firm Nansen Cuts Workforce by 30%

Nansen has promised to work assiduously with its remaining team to ensure they provide the best services to their customers as well as build the best workplace in crypto. Nansen, a leading startup in the blockchain technology industry, has recently announced a significant reduction in its workforce. The news of the 30% cut in blockchain … Read more

Laos Government Organizes Meeting on Blockchain 4.0 and Digital Economy Development

Laos has set up a committee to oversee legal compliance and draft appropriate legislation to prepare for the digital economy. A conference organized by the Laotian government on May 26, 2023, brought together national blockchain and Web3 experts. The meeting’s goal was to discuss the implementation of blockchain 4.0 in Laos’ economic sectors.  The conference … Read more

Euro Coin: Circle Launches Stablecoin on Avalanche Blockchain to Facilitate Fast & Efficient Payment Systems

USDC stablecoin issuer Circle recently launched Euro Coin on the Avalanche protocol to exploit the network’s blazing transaction speed.  Circle has launched a euro-based stablecoin on the Avalanche blockchain to deliver prompt and efficient payments and financial services. The Euro Coin (EUROC) launch is the first of a series of anticipated multi-chain launches to aid developers and users. According to … Read more

Bitcoin Mining Revenue Surges after Increased Interest in Memecoins and NFTs on Blockchain

Ordinals have triggered a frenzy in memecoins and NFTs on the Bitcoin network, with mining revenue riding high.  The explosive popularity of memecoins and non-fungible tokens (NFTs) on the Bitcoin (BTC) network has induced a surge in mining revenue. However, how long this positive development will last remains to be seen. Memecoin market value was … Read more

MakerDAO Plots New AI-Inspired Blockchain, Publishes Roadmap

The new blockchain called NewChain will be closely linked with Ethereum, promising increased governance security of the ecosystem. MakerDAO, the issuer of the DAI stablecoin, has revealed its plans for a major update it calls the “Endgame”, this follows after the platform recently published a detailed roadmap of the upcoming update. According to the May … Read more