Networks

FTX Hacker Used Russian Crime Networks to Launder Stolen Cryptocurrency, Reveals Elliptic

Benito CormiOct 12, 20233 min read

Elliptic Traces Stolen FTX Crypto to Russian Cyber Gangs It has been almost a year since the hacker responsible for the $477 million heist from FTX…

Bitcoin Layer 2 Network’s Astonishing Growth Rate Shocks Market Analyst

Bitro ConwellOct 11, 20233 min read

Bitcoin Lightning Network Sees Exponential Growth New research reports have revealed that the Bitcoin Lightning Network, a layer 2 scaling solution for Bitcoin, has experienced a…

Expanding its Footprint: Koy Network’s Enhanced Continental Reach

Wyatt NewsonOct 11, 20233 min read

The Revolutionary Moves of Koy Network in Africa’s Financial Services Industry Koy Network, a blockchain-based platform for remittance and financial services, is making groundbreaking strides in…

Report: Layer 2 Networks Dominate Almost 66% of Ethereum Transactions

Wyatt NewsonOct 10, 20233 min read

Ethereum’s Layer 2 Networks Accounted for 61% of Transactions in Q3 2023, According to Messari Report Ethereum’s layer 2 networks have become increasingly popular as developers…

Unveiling the Reason Behind Base Network’s Remarkable 25% Increase in Total Value Locked (TVL)

Bernard NicolaiOct 9, 20232 min read

Base Network TVL Sees Surge, But What’s the Reason Behind It? The Base Network, a Layer 2 solution aiming to onboard more users to the Web3…

Binance Partners with Thai Police to Disrupt Criminal Networks

Blount CharlestonOct 4, 20233 min read

Binance Collaborates with Thai Police to Disband Crypto Fraudulent Networks Binance has joined forces with the Royal Thai Police to dismantle major cryptocurrency fraudulent networks in…

Successful CBDC Experiment Using DeFi Networks Concluded by BIS and Three Central Banks

Daisy HodleyOct 3, 20232 min read

The Bank for International Settlements (BIS) and Three Central Banks Test CBDC Experiment Using DeFi Networks The Bank for International Settlements (BIS), along with the central…

Introducing Fault-Proof Testnet System: Optimism Network’s Step Towards Decentralization

Coinan PorterOct 3, 20233 min read

OP Labs Launches Testnet Version of Fault-Proof System for Optimism Network OP Labs, the developer behind the Optimism network, has released a testnet version of its…

Chia Network’s IPO Hindered as 26 Employees Let Go – Bear Market Challenges Persist?

Wyatt NewsonOct 3, 20233 min read

Chia Network Fires 30 Staff Members as It Prepares for US IPO Blockchain and smart-contract platform Chia Network has laid off nearly 30 employees while making…

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