Blockchain Development
Blockchain Development

Blockchain Development

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


Europe increases requirements for stablecoins

14 Jun 2024 2 minute read 0 comments Talha.Khalid

Given the expectation that has arisen in the European stablecoin market due to the implementation of the Regulation for the Cryptoasset Market (MiCA) as of July 1, the European Banking Authority (EBA) published a set of guidelines aimed at the sector...

SEC Chairman Reveals When Ethereum ETFs Would Be Approved

14 Jun 2024 1 minute read 1 comment Talha.Khalid

A key moment for spot ETFs of ether (ETH), Ethereum's native cryptocurrency, is approaching after the chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler, revealed when the funds would be approved. Gensler specified t...

$200M Out of Bitcoin ETFs Ahead of Key Date

13 Jun 2024 1 minute read 0 comments Talha.Khalid

Yesterday, Tuesday, June 11, capital outflows from bitcoin exchange-traded funds (ETFs) in the United States intensified in anticipation of US economic data that is being released today, Wednesday. After experiencing withdrawals of 65 million dollars...

zkSync Cryptocurrency, Ethereum Rollup Airdrop Will be Delivered in 6 days

12 Jun 2024 2 minute read 0 comments Talha.Khalid

zkSync, a rollup that seeks to provide greater scalability to Ethereum, is preparing for the ZK token airdrop, which will take place in just six days. This token, designed for protocol governance, will allow its holders to submit and vote on system u...

The “most secure” Ethereum wallet was hacked

11 Jun 2024 1 minute read 1 comment Talha.Khalid

Users of the Loopring application, a wallet for the eponymous network (which is a layer 2 of Ethereum) were hacked for more than $5 million in total. Loopring is a wallet based on smart contracts. On its website it claims to be the "most secure" wall...

2 Billion Dollars Entered Bitcoin Funds in One Week. What Impact will it have?

10 Jun 2024 2 minute read 0 comments Talha.Khalid

ETFs and other bitcoin (BTC) and cryptocurrency investment products saw net inflows totaling $2 billion in the first week of June. In this way, they reached their fifth consecutive week of positive inflows with $4.3 billion, according to the most rec...

More than 60 US banks are on the brink of bankruptcy

7 Jun 2024 3 minute read 1 comment Talha.Khalid

More than 60 US banks are on the brink of collapse and therefore, were included in the list of financial entities that deserve special attention from the authorities of that country. According to the Federal Deposit Insurance Corporation (FDIC), the...

5 Stablecoins That Will Compete for the Place Left by USDT in Europe

7 Jun 2024 3 minute read 0 comments Talha.Khalid

With the imminent entry into force of the Regulation for the Cryptoasset Market (MiCA), a series of rules are being implemented for the stablecoin ecosystem, which seek to promote currencies anchored to the euro, above those backed by dollars.  The r...

Did Bybit Opened its Doors to Citizens of China?

6 Jun 2024 2 minute read 0 comments Talha.Khalid

In 2021, the People's Bank of China, that country's central financial institution, banned cryptocurrencies  in its jurisdiction. Any citizen or business that carried out transactions would be engaging in illegal activity and would be punished accordi...

Tether co-founder: “China will open up to cryptocurrencies”

5 Jun 2024 2 minute read 0 comments Talha.Khalid

The co-founder of the Tether company, Brock Pierce, believes that China will change its position on banning cryptocurrencies. For the businessman and philanthropist, it is only a matter of time before the Asian giant recognizes digital assets as legi...