After gaining attention through their testnet launch and hackathon, Venom has now signed a Memorandum of Understanding (MOU) with the Kenyan government. The objective of this collaboration is to establish a dedicated blockchain center in Kenya, focused on the development of Web3 applications. The Venom Foundation and the Government of Kenya have entered into a…
A recent chain fork at block height 788686 caused an unexpected event in the Bitcoin network, resulting in the double spending of nearly 10 bitcoins (BTC), as reported by Fork Monitor, a platform that monitors chain forks. Today, prominent Chinese blockchain reporter Colin Wu highlighted a significant development in a tweet, referencing data from Fork…
European Data Act Negotiations Set to Conclude by June End. Future Dialogue Meeting Set for May 23 to Continue Discussions. The European blockchain sector is gearing up for a final effort to prevent regulations that could potentially harm the smart contracts supporting decentralized finance (DeFi) protocols. European authorities have been working on implementing these regulations,…
Brighter Digital Group, a well-known Blockchain and Web3 development company based in Rwanda, has recently launched a successful and widely embraced Social e-Commerce platform known as “Ni-he.” This platform has garnered significant attention and has attracted more than 10,000 users from various countries, including Rwanda, Burundi, Kenya, Congo DRC, Cameroon, Tanzania, Nigeria, Ghana, South Africa,…
The advocacy group has decided to redirect its attention towards lobbying regulators and officials in Washington, D.C. The Blockchain Association, an advocacy group for the crypto industry, is leaving New York as it prepares to challenge the stricter regulations imposed by federal regulators on the cryptocurrency industry. According to a spokesperson, the CEO of the…
Advocacy group for crypto regulation hires four new senior and research positions. Phi Labs, a company that helps develop the Archway Blockchain, has hired Dan Edlebeck to be their new director of ecosystem. Before joining Phi Labs, Dan Edlebeck worked at Sei Labs, a company that develops blockchain technology, where he held a similar position….
A measure called the “LTH-SOPR” is showing that people who have held onto Bitcoin for a long time are selling it at a profit. This means that the time when the value of Bitcoin was going down a lot (called a “bear market”) might be over now. People who have owned Bitcoin for a long…
The government of Santa Cruz in California has decided to use blockchain technology for their services. The board members voted unanimously to use digital wallets for official documents and services during a meeting on April 25, 2023. Starting from July 2023, the County of Santa Cruz in California will launch a three-stage pilot program to…
Alphabet’s technology conglomerate, Google, has expanded its Google for Startups Cloud Program to include Web3 companies. This move will provide benefits to firms working on Web3 applications that utilize blockchain technology, such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana, and Thirdweb. We are very excited to team up with @googlecloud in…
In the world of technology and finance, blockchain has emerged as a disruptive innovation that promises to revolutionize industries and reshape our understanding of trust and security. However, amidst the hype and excitement surrounding blockchain, a question that often arises is: Can blockchain be hacked? In this blog post, we will delve into the intricacies…