Tech News — Page 6

Blockchain engineering, security, scaling, AI and the technology behind digital finance.

UK petition for blockchain and stablecoin innovation gains momentum after Coinbase user push

A UK government petition calling for a pro-innovation blockchain and stablecoin strategy has gained traction after Coinbase urged its users to sign. The petition seeks stablecoin regulation, blockchain adoption in government, and a dedicated crypto policy leader. It has passed 5,000 signatures and needs 10,000 for an official response, with 100,000 triggering a parliamentary debate.

Bubblemaps uncovers alleged record-breaking $170M Sybil attack on MYX airdrop

Bubblemaps has alleged the largest Sybil attack in crypto history on MYX Finance’s airdrop, flagging 100 wallets that claimed $170 million worth of MYX tokens under suspicious conditions. MYX denied wrongdoing, citing trading activity and anti-Sybil measures, but Bubblemaps dismissed the response as vague. The case highlights growing concerns over large-scale airdrop farming operations, such as massive phone farms used to exploit token giveaways.

Binance partners with Franklin Templeton to drive global tokenization of securities and modernize capital markets

Binance has teamed up with Franklin Templeton to launch tokenization ventures, combining securities with blockchain-based trading infrastructure. The collaboration aims to boost efficiency in settlement, collateral management, and portfolio construction while expanding institutional access. Binance will provide its global reach, while Franklin Templeton contributes tokenization expertise.

NFT market slowdown sees lowest sales volume since mid-June

NFT sales volume fell to $91.9 million in the first week of September, the lowest since mid-June, according to CryptoSlam. Unique NFT buyers dropped 58% from June peaks, while sellers fell 43%, and average sale prices slid 30% in just two weeks. Despite the slowdown, total transactions remained high at 1.27 million. Earlier momentum in July and August was fueled by adoption drivers such as Coinbase’s Base network and cultural showcases like Ibiza’s permanent NFT art gallery.

Nearly everyone is backing Solana’s Alpenglow upgrade, which promises lightning-fast 150ms finality.

Solana’s upcoming Alpenglow upgrade is set to drastically cut transaction finality from 12.8 seconds to just 150 milliseconds, with over 99% of votes in favor so far. Introduced by Anza in May, it’s being called Solana’s biggest protocol upgrade yet, potentially making it even faster than Google searches. The upgrade replaces existing consensus systems with Votor (for faster block finalization) and Rotor (for quicker data sharing), promising nearly 100x speed improvements. While it won’t solve Solana’s history of outages, the arrival of the independent Firedancer client later this year is expected to improve network stability. If approved, Alpenglow will cement Solana’s position as one of the fastest layer-1 blockchains, expanding use cases far beyond payments and trading.