• 25 November, 2024

Tag: Blockchain News

A blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers. Blockchain records are immutable so it cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network.

Satoshi Nakamoto invented blockchain in 2008 to solve double-spending problem in bitcoin, making it the first digital currency without a trusted authority or central server.

The blockchain is tamperproof, as each block contains a unique identifier, timestamped transactions, and the previous block’s hash. This method links blocks together, preventing any alteration or insertion between existing blocks, making it a secure.

Smart contracts are agreements or rules governing business transactions stored on blockchains, executed automatically. Consensus is achieved through various mechanisms like proof of stake and PBFT, ensuring all parties agree to the network-verified transaction. To know about the latest news on Blockchain, read from CryptoTale.

News
Ripple Featured in CB Insight’s Top 250 Fintech Companies Globally

Ripple Featured in CB Insight’s Top 250 Fintech Companies Globally

Ripple, a Silicon Valley-based blockchain company, has tweeted out news of a major achievement today. This fintech company was ranked

News
Kim Kardashian Fined $1.2 Million Over Promotion of EMAX Tokens

Kim Kardashian Fined $1.2 Million Over Promotion of EMAX Tokens

Kim Kardashian has been charged with “unlawfully touting” a “crypto security,” as stated by the U.S. Securities and Exchange Commission

News
Reddit Sources Claim Terra Founder Granted Citizenship North Korea

Reddit Sources Claim Terra Founder Granted Citizenship North Korea

Terra’s Do Kwon Allegedly in North Korea – Granted Citizenship Terra founder Do Kwon, who’s been under a lot of

News
The Celcius bid will be “fair market price, no discount,” hints FTX CEO

The Celcius bid will be “fair market price, no discount,” hints FTX CEO

FTX founder and CEO Sam Bankman-Fried reveal how his company plans to acquire Celsius’ assets. The remarks follow FTX US’s

News
Meta Announces NFT Sharing on Facebook for US-Based Users

Meta Announces NFT Sharing on Facebook for US-Based Users

After much anticipation, Instagram’s parent firm Meta recently revealed that the long-awaited introduction of its digital collection feature to its

News
Judge Finally Orders SEC To Hand Over Hinman Document

Judge Finally Orders SEC To Hand Over Hinman Document

At the Yahoo Finance All Markets Summit in June 2018, former Division Director William Hinman gave a speech in which

News
Wells Fargo Said it is Gonna Sell Its Coinbase Shares

Wells Fargo Said it is Gonna Sell Its Coinbase Shares

The global financial services provider Wells Fargo has expressed significant worry over the cryptocurrency exchange Coinbase. Because of the growing

Market News
SEC sues The Hydrogen Technology Corp. and its Market Makers

SEC sues The Hydrogen Technology Corp. and its Market Makers

The Security and Exchange Commission (SEC) has pressed charges against The Hydrogen Technology Corporation and its market makers. The SEC

News
Circle Expands USDC Stablecoin to Five New Blockchains

Circle Expands USDC Stablecoin to Five New Blockchains

Circle Internet Financial, the creator of the second largest stablecoin, USD coin (USDC), announced on Wednesday that USDC would soon

News
Israel, Norway, Sweden Join BIS to Evaluate CBDC for International Payments

Israel, Norway, Sweden Join BIS to Evaluate CBDC for International Payments

The Bank for International Settlements (BIS) announced on Wednesday that it has formed a partnership with the central banks of

News
StaTwig Leveraging Polygon to Aid Women and Children in Rural India

StaTwig Leveraging Polygon to Aid Women and Children in Rural India

Indian blockchain firm StaTwig is using the Polygon network and collaborating closely with Telangana’s (India) Women Development and Child Welfare

News
Celsius Spikes by 15% After Filing for Bankruptcy

Celsius Spikes by 15% After Filing for Bankruptcy

The crypto market has been extremely happening in 2022. There have been many acquisitions of which FTX was a leading