Blockchain Development
Blockchain Development

Blockchain Development

A blog that covers everything that's happening in crypto world.


The U.S. Secret Service Seized $400 Million in Bitcoin and Cryptocurrencies

6 Jul 2025 1 minute read 1 comment Talha.Khalid

Some $400 million in bitcoin (BTC) and cryptocurrencies have been seized by the U.S. Secret Service over the past decade, creating one of the largest cold storage wallets in the world. According to information published by Bloomberg on July 5, the Se...

The European Central Bank Fears That Stablecoins Will Diminish its Power.

5 Jul 2025 2 minute read 1 comment Talha.Khalid

Stablecoins are reshaping the global financial landscape and setting off alarm bells at the European Central Bank (ECB). ECB President Christine Lagarde has warned that these cryptocurrencies threaten to erode central banks' ability to control moneta...

Two Bitcoin Whales Woke Up After 14 Years

5 Jul 2025 1 minute read 1 comment Talha.Khalid

A multi-million dollar transaction originating on the Bitcoin network shows two addresses classified as whales, holding more than 1,000 BTC, transferring a total of 20,000 BTC, valued at more than $2 billion, to new wallets today, Friday, July 4. The...

Government Fumbles $8 Billion in Seized Crypto: Hardware Wallets Lost, Keys Destroyed

4 Jul 2025 2 minute read 1 comment Talha.Khalid

A report in the United States by the Treasury Inspector General for Tax Administration (TIGTA) exposes the negligence of the Internal Revenue Service (IRS). It demonstrates that the agency is failing in its duty to safeguard $8 billion in bitcoin (BT...

A Trio of Mining Companies Cements Its Power in the Bitcoin Hashrate

4 Jul 2025 1 minute read 0 comments Talha.Khalid

In the last ten days, three public Bitcoin mining companies announced they had reached 50 exahashes per second (EH/s) of processing power contributed to the network. These companies are IREN Limited (IREN), Cango (CANG), and CleanSpark (CLSK).  Cango...

Ethereum Parallel Foundation Created to Boost Price to $10,000

3 Jul 2025 1 minute read 0 comments Talha.Khalid

On July 1, during a conference in Paris, France, Ethereum ecosystem participants introduced a new organization for the smart contract network: the Ethereum Community Foundation (ECF). This initiative seeks to reorient Ethereum's focus toward the valu...

BlackRock Makes More Money From Its Bitcoin ETF Than From the S\&P 500 ETF

3 Jul 2025 1 minute read 1 comment Talha.Khalid

The Bitcoin (BTC) exchange-traded fund (ETF) launched and managed by BlackRock, the world's largest asset manager, is generating more revenue than its flagship fund that tracks the S&P 500 index. This is a strong sign of the growing appetite for BTC....

Ripple Takes The FIrst Step Toward Becoming a Bank

2 Jul 2025 1 minute read 1 comment Talha.Khalid

Ripple, the issuer of the XRP and Ripple USD (RLUSD) cryptocurrencies, has filed an application for a national banking license in the United States. If approved, it would place its dollar-backed stablecoin RLUSD under the direct supervision of the Of...

He Bought Bitcoin When It Was Worth $5 and Now He Sold It for $10 Million

1 Jul 2025 2 minute read 1 comment Talha.Khalid

In 2012, when Bitcoin (BTC) was just beginning to emerge in the financial world, an anonymous user decided to invest $500 in one of the legendary Casascius physical bars, which held 100 digital coins. Today, twelve years later, those Bitcoin funds ar...

XRP, Solana, and Litecoin Are the Cryptocurrencies Most Likely to Have an ETF

1 Jul 2025 1 minute read 1 comment Talha.Khalid

Bloomberg Intelligence analysts James Seyffart and Eric Balchunas have revealed a forecast on the likelihood of approval for new cryptocurrency-based exchange-traded funds (ETFs) in the United States. According to their estimates, Ripple's XRP, solan...