UK’s Tokenization Strategy Could Boost Economy by $44 Billion by 2035
A government-backed report outlines a roadmap for the UK's tokenized financial markets, aiming for significant economic growth by 2035.
Tag blockchain
Trader Suffers $2 Million Loss in Same-Block Backrun Extraction Incident
A crypto trader lost $2 million due to a transaction routed through a low-liquidity pool, highlighting risks associated with decentralized exchanges.
Base Network Outages Linked to Sequencer Bug: A Post-Mortem Analysis
The Base layer-2 network experienced two significant outages due to a sequencer bug, raising questions about its centralized architecture and future resilience.
Leadership Shakeup at Sonic Labs as Three Executives Resign
Sonic Labs faces a leadership overhaul with the resignation of three key executives, impacting its S token amidst community dissatisfaction.
Sui Network Faces Another Disruption Following Recent Outage
The Sui layer-1 blockchain experienced a significant network stall, marking the second major disruption in just two days due to a software bug.
Mitsubishi Embraces JPMorgan’s Blockchain for Global Payments
Mitsubishi Corporation has announced its adoption of JPMorgan's Kinexys blockchain network for corporate payments, reflecting a significant shift towards blockchain in traditional finance.
Eightco Secures $125 Million Investment from Bitmine and ARK Invest
Eightco Holdings has raised $125 million, led by Bitmine, with significant contributions from ARK Invest and Payward, as Tom Lee joins its board.
blockchain: Governments Explore Onchain Solutions for Social Benefit Programs
Hong Kong, Thailand, and the Marshall Islands are investigating the use of blockchain technology to streamline social benefit programs and tokenized debt instruments.
Utexo Bridges Gap Between Wallet SDKs and RGB Protocol
Utexo introduces an adapter layer for RGB integration with Tether's Wallet Development Kit, addressing interoperability challenges in blockchain transactions.
Bithumb Recovers $40 Billion in Accidental User Payments
Korean crypto exchange Bithumb successfully reclaimed nearly all of the $40 billion mistakenly credited to users during a promotional campaign, implementing immediate recovery measures and announcing a compensation plan.
