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in Blockchain News, NewsPro-crypto ex-lawmaker Patrick McHenry lands roles at top blockchain firms
Patrick McHenry, former chair of the House Financial Services Committee, has joined three crypto-focused companies since his pivot from policymaking. The ex-Republican congressman was hired as vice chair of Ondo Finance’s advisory board as the protocol aims to move more real-world assets onto blockchain networks. Ondo Finance is an on-chain protocol that uses cryptographic technology […] More
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in Blockchain News, News
Exclusive: Why Chiliz is betting big on AI and staking for sports blockchain adoption
Chiliz, the blockchain platform behind Socios.com, continues to redefine the relationship between cryptocurrency and the sports industry. With two billion Chiliz (CHZ) tokens now staked and regulatory approval from the Malta Financial Services Authority, the platform has solidified its position as a leader in blockchain-based fan engagement. In an exclusive interview with crypto.news, Max Rabinovitch, […] More
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Can the Ethereum blockchain roll back transactions? Understanding the limits and risks
Rollbacks in blockchain explained In blockchain, a rollback refers to reversing its history to counter a disastrous event, such as big hacks threatening to disrupt the ecosystem, the discovery of critical protocol bugs or centralization risks of network integrity. The Bybit hack, which resulted in a staggering $1.46 billion loss, has triggered a demand regarding […] More
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Ethereum Foundation forms external council to uphold core blockchain values
The Ethereum Foundation has created the “Silviculture Society,” a group tasked to ensure that Ethereum upholds its core values. News COINTELEGRAPH IN YOUR SOCIAL FEED The Ethereum Foundation (EF), the nonprofit organization supporting Ethereum’s ecosystem, announced the creation of an external advisory group dedicated to preserving the blockchain network’s core values. On Feb. 28, the […] More
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in Blockchain News, News
Deutsche Telekom subsidiary becomes a validator for Injective blockchain
Deutsche Telekom operates broadband and mobile networks in more than 50 countries through its subsidiaries, such as T-Mobile, and has a customer base of 252 million. News COINTELEGRAPH IN YOUR SOCIAL FEED A subsidiary of one of Europe’s largest telecommunications companies, Deutsche Telekom, has become a validator for layer-1 blockchain Injective. Deutsche Telekom MMS, a […] More
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in Blockchain News, News
Blockchain-based lender Figure gets $200m investment from Sixth Street
Sixth Street, a private equity firm with over $100 billion in assets under management, has backed blockchain-based lending platform Figure Technology Solutions with a $200 million investment. Figure and Sixth Street revealed the investment in a press release on Feb. 27. The two firms have formed a joint venture in which Sixth Street’s Asset-Based Finance […] More
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in Blockchain News, News
Sixth Street backs blockchain lender Figure with $200M investment
Sixth Street, a $100-billion investment manager, is increasingly focused on consumer-oriented fintech solutions. News COINTELEGRAPH IN YOUR SOCIAL FEED Global investment firm Sixth Street has invested $200 million in Figure Technology Solutions, a US-based lender that uses blockchain technology to boost efficiencies and lower costs in the lending market. According to a Feb. 27 report […] More
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in Blockchain News, News
Interview with Alchemy’s Will Hennessy: Pectra’s EIP-7702, why newbies should wait and what blockchain devs should do
As Ethereum’s Pectra upgrade gets closer, Alchemy’s Will Hennessy talks about why EIP-7702 isn’t for beginners and what blockchain developers need to be aware of. Ethereum developers have announced that the highly anticipated Pectra upgrade will launch on April 8. The update will introduce new mechanisms aimed at boosting Ethereum’s transaction processing speed, reducing gas […] More
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in Blockchain News, News
MetaMask Integrates Fiat Off-Ramps for 10 Blockchain Networks
Key Takeaways: MetaMask introduces off-ramp support to 10 new blockchains to make crypto-to-fiat conversion easier. Transak adds a layer of streamlining transactions with lower fees for users. This step seeks to welcome the next generation of crypto users by enhancing accessibility. MetaMask Will Provide Off-Ramps to 10 More Blockchains in a Major UX Upgrade MetaMask, a leading cryptocurrency […] More
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in Blockchain News, News
MetaMask expands crypto off-ramp support to 10 blockchains via Transak
MetaMask has expanded its fiat off-ramp feature to more than 10 blockchains, with support enabled via its partnership with payments firm Transak. Self-custodial wallet MetaMask, the leading provider in the Ethereum (ETH) ecosystem, will now allow users to convert tokens into fiat directly on top blockchains such as BNB Chain, Arbitrum, Avalanche, Base and Optimism. […] More
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in Blockchain News, News
MetaMask adds fiat off-ramp for 10 blockchains to improve crypto accessibility
The complex onboarding process is a major hurdle for reaching the first billion crypto users, industry watchers told Cointelegraph. News COINTELEGRAPH IN YOUR SOCIAL FEED Ethereum-based cryptocurrency wallet MetaMask is expanding its fiat off-ramp services to support 10 additional blockchain networks. The move, in partnership with payments provider Transak, is aimed at simplifying the process […] More
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in Blockchain News, News
Mavryk Dynamics raises $5M to build its RWA L1 blockchain ecosystem
Mavryk Dynamics is developing an RWA-focused L1 blockchain dubbed Mavryk Network. The Mavryk Network testnet is already live with a Token Generation Event (TGE) coming soon. Top VCs backing Mavryk include Ghaf Capital, Big Brain, and MetaVest Capital. Mavryk Dynamics, the team behind the Mavryk Network, has successfully raised over $5.2 million to develop the […] More
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