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The United Nations has launched a blockchain-based identity verification system to modernize operations within its Joint Staff Pension Fund (UNJSPF). The initiative replaces outdated manual processes prone to errors, aiming to boost efficiency and strengthen data protection. The system, built on the Digital Certificate of Entitlement (DCE) using self-sovereign identity (SSI), gives participants full control … Read more

In a move that underscores the ongoing volatility of the cryptocurrency market, Michael Saylor’s company, Strategy, continues to expand its Bitcoin reserves even as its own stock faces downward pressure. The firm’s latest purchase reaffirms its long-standing approach of buying and holding digital assets, though the broader investment climate remains challenging as market swings affect … Read more

Bitcoin Core developers have unveiled version 30, a major update expected to roll out by late October, igniting heated discussions across the crypto community. The update introduces several technical changes, with the most controversial being the expansion of the OP_RETURN field, which increases the current data limit from 80 bytes to nearly 4 megabytes. This … Read more

Exchange-traded funds (ETFs) tied to Ethereum ($4.17B AUM) and Bitcoin ($114B AUM) saw significant withdrawals last week, underscoring a turbulent period for crypto investment products. Ethereum ETFs endured a record week of outflows, while Bitcoin ETFs also posted substantial redemptions, reflecting shifting investor sentiment during heightened price volatility. Why Ethereum ETFs were hit harderEthereum ETFs … Read more

Bitcoin surged past the $111,000 mark on Sunday, reaching $113,975 and fueling optimism for the much-anticipated “Uptober” rally after a challenging September. However, uncertainty lingers as the Chicago Mercantile Exchange (CME) futures gap opened this week, a price discrepancy not seen in weeks. Historically, these gaps tend to close quickly, hinting at a possible short-term … Read more

The lending protocol Hyperdrive, part of the Hyperliquid blockchain, suffered yet another cyberattack on September 27, leading to the loss of $782,000 from its liquidity pools. The incident adds to a string of failures that have been undermining the ecosystem’s credibility. According to the initial investigation, the breach exploited vulnerabilities in the router contract, which … Read more