blockchain ecosystem

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Vietnam Unveils Ambitious Strategy to Become Regional Blockchain Hub

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The Vietnamese government has unveiled a strategy to make Vietnam a leader in blockchain technology in Southeast Asia. The strategy includes building blockchain brands, establishing testing centers, and developing human resources. The government aims to achieve these goals through a five-step action plan, which includes legal reforms, ecosystem development, and international collaboration. Boosting Vietnam’s Blockchain … Read more

TON Foundation to Launch Bitcoin Bridge on The Open Network

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The TON Foundation has announced the upcoming launch of TON Teleport BTC, a bridge designed to facilitate trustless and secure transfers of bitcoin to and from The Open Network (TON). This initiative aims to expand bitcoin’s utility by enabling its use in decentralized finance (defi) activities on the TON platform. TON Foundation Announces Bitcoin Bridge … Read more

AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets

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A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that the new funds would be used to expand into the largest Asian markets, and the company … Read more

Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO

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Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks, has argued. Philion insists that the lack of such secure solutions has constrained the … Read more

Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups

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Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated in the biggest funding rounds. 40 Corporations Invest $6 Billion According to the … Read more