Blockchain

The cryptocurrency market has been on a hot streak in the past few days, with several large-cap assets posting significant gains in the past week. Most notably, the Bitcoin price bounced back from around $61,000 to above $67,000 for the first time in nearly a month. As expected, this latest price movement has sparked a lot of speculation and discussion around the premier cryptocurrency. Popular blockchain analytics firm CryptoQuant has shared on-chain insights into the recent Bitcoin price rally and…

Amtsgericht München, Germany, May 15th, 2024, Chainwire Atleta Network, the first blockchain platform for the sports industry marking the possible beginning of the sports industry transition into Web 3.  In recent years, the interest in Web 3 technologies has been rising exponentially. Multiple major sports clubs (e.g. FC Barcelona, Liverpool) and leagues (e.g. La Liga, NBA) applied blockchain for sports NFTs, ticketing, and fan engagement. And they don’t seem to stop exploring the Web 3 potential for monetization, engagement, internal…

Web3 gaming is a promising driver in crypto mainstream adoption. But what is the state of the industry at the moment? Mike Ermolaev spoke with Jeff Zirlin, Co-Founder and Growth Lead of Sky Mavis, the company behind Axie Infinity and Ronin, to find out. During the interview, the visionary in blockchain gaming shared his insights on the industry and the role of Ronin, the Ethereum-linked sidechain, in shaping the future of gaming. This interview is part of the GoCrypto interview…

For some time now, Ethereum has been coping with high transaction volumes, sky-high transaction fees, and overall scalability. These challenges actually initiated the development of Layer 2 solutions, L2s, such as Arbitrum, Optimism, ZK-rollups, and multiple sidechains. Yet, as more potential solutions emerged, the situation grew increasingly complex since these L2s exhibit disparities in user bases, struggle with efficient communication, and lack interoperability. Noticing the significant gap and the issues associated with these individual L2s that fail to encompass all…

Dubai, UAE, May 16th, 2024, Chainwire BNB Chain reaffirms commitment to Web3 education with third-year sponsorship of international summer school at the University of Zurich As a result of this collaboration, funding can be provided to students from all over the world to study at the Blockchain Center of the University of Zurich, a top 3 University for Blockchain globally BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain and the University of Zurich Blockchain Center,…

The post Notcoin Airdrops 80 Billion Tokens as It Debuts on TON Blockchain appeared first on Coinpedia Fintech News The viral Web3 clicker game Notcoin is now live on the TON (The Open Network) Blockchain, airdropping more than 80 billion NOT tokens as it opens for trading. Notcoin has allocated over 90% of the airdropped tokens to miners, with the remaining 7.9 billion NOT tokens redeemable from NFT vouchers. This airdrop comes ahead of NOT’s listing on multiple exchanges, including…

The post US DOJ Announces Arrest Of Two Brothers For Manipulating Ethereum Blockchain And Stealing $25 Million appeared first on Coinpedia Fintech News According to a press release, brothers Anton Peraire-Bueno, 24, of Boston, and James Peraire-Bueno, 28, of New York, have been arrested and charged with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. The charges arise from an alleged scheme to exploit the Ethereum blockchain, netting the duo approximately $25 million worth of…

Somnia launches its novel browser, Metaverse Browser. The browser will offer a better user experience across Web 3 platforms and metaverses. The platform also launched a rewards campaign to bootstrap adoption.  Somnia, a Layer 1 blockchain that connects metaverses, announced the launch of its novel browser, Metaverse Browser, to simplify interactions across Web 3 protocols and the Metaverse. The browser aims to emulate Web 2 browsers by offering users a simplified onboarding process to Web 3 while empowering them to…

Lens Network, an on-chain social network infrastructure, is preparing for a significant migration to zkSync's ZK Stack hyperchains, with a goal to enhance scalability and user experience in social networking on the blockchain. Lens Network's Transition to zkSync Lens Network's move to zkSync's ZK Stack hyperchains was announced on May 14. Leveraging Matter Labs' modular ZK Stack infrastructure, Lens Network plans to build a hybrid validium and volition Layer 2 solution. This design is tailored to support the high transaction…