It seems that the NFT market is slowly starting to pick up again. Trading volumes increased for two consecutive months, with January scoring the highest volumes since June last year, according to the Dapp Industry Report: January 2023. January’s growth marked a major departure from the trend of recent months — trading volumes fell to … Read more
Binance will stop offering its wallet and other technical services it provided to WazirX, escalating tension with the Indian crypto exchange it once tried to acquire. The world’s largest crypto exchange warned on Friday that Zanmai, the company that runs the WazirX exchange, has not fully withdrawn assets stored in Binance wallets, despite being notified … Read more
To get a roundup of ExamPaper’s biggest and most important crypto stories delivered to your inbox every Thursday at noon PT, register here. Welcome back to Chain reaction. It seems like only yesterday that we ring in the new year, but we have entered February and everything seems (for once) to be somewhat relaxed in … Read more
BlockJoy, a startup that provides white label blockchain nodes as a service, raised a total of $12 million from its seed and Series A rounds, which the company shared exclusively with ExamPaper. The Boston-based startup aims to reduce operating costs by up to 80% for enterprises running staking nodes and APIs as a service, its … Read more
Reliance Retail, India’s largest retail chain, will begin accepting retail payments in digital rupees in a move that could boost adoption of the country’s recently launched CBDC. The Mukesh Ambani-led company said it is partnering with ICICI Bank, Kotak Mahindra Bank and fintech Innoviti Technologies to launch the in-store support for digital rupee. Customers who … Read more
Last year, Coinbase launched an asset recovery tool for people who really don’t understand how blockchain works and think they can send CDAI coins to an Etherium wallet. I know this sounds like a pretty specific example, and I’m able to make it because I’m the moron who made that mistake several years ago. I … Read more
Marketo, which was developed, among other things, to improve marketing around social media users, was eventually acquired by Adobe. Now a new startup hopes to do what Marketo did in Web 2.0, but this time in web3. Addressable has a digital fingerprinting startup that claims to be able to match anonymous crypto wallets with social … Read more
While crypto markets remain volatile, enterprise blockchain adoption continues to grow as companies find new use cases for the technology, according to Daniela Barbosa, general manager of blockchain and identity and executive director of Hyperledger at The Linux Foundation. One of the biggest demands of the past two years has been “hybrid use cases,” Barbosa … Read more
Tesla recorded a $204 million impairment loss on its bitcoin holdings in 2022, according to regulatory filings. The loss was offset by $64 million in profit from bitcoin trading, leaving the automaker with a net loss of $140 million. Tesla had invested $1.5 billion in bitcoin in the first quarter of 2021 and stated that … Read more
If you lost access to your money when the crypto company that manages your assets has filed for bankruptcy, you are probably out of luck. As Chapter 11 bankruptcy proceedings move forward for several major crypto companies, those who have lost money are certainly hoping to get all or at least some of their money … Read more