Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Blockchain
How to Utilize Blockchain and AI Tech to Wipe Out Fake Reviews w/ daGama’s CEO Gabriel Hattar
In an era where mobile apps and digital marketplaces dominate consumer behavior, the authenticity of customer reviews has never been more critical. Shockingly, studies reveal that up to 30% of online reviews are fake, leading to misguided consumer decisions and tarnished business reputations. This problem is especially significant in the travel industry, where customer reviews play a crucial role in decision-making. Amidst this pressing issue, daGama is pioneering an innovative solution with its Multi-level AntiFake system and the first user-generated…
10 months ago
Mario Mosböck Partners With CoinPoker to Build the Best Online Poker Site, Showcasing PoR on the Blockchain
Willemstad, Curacao, August 9th, 2024, Chainwire Online poker site CoinPoker has released a proof of reserves (PoR) report showing that user deposits are covered 1:1 in cold wallets, visible on the blockchain, alongside additional reserves in hot wallets to process instant withdrawals. Praising the move by the crypto-based poker site to increase transparency, former Austrian footballer and poker professional Mario Mosböck has partnered with the site as a new official ambassador, alongside British pro Patrick Leonard. In an X post,…
10 months ago
Web3 Gaming Ecosystem Moonveil Raises More Seed Capital To Redefine Blockchain Gaming
The funding aims to advance the development of Layer 2 gaming ecosystems and boost the overall adoption of Web 3 gaming. Moonveil Studios, a Web 3 gaming platform designed for interoperable games, announced a series A funding round, this Thursday. The latest funding round extends its Series A fundraising to $9 million featuring some of the top blockchain/crypto and Web 3 gaming VCs. Moonveil Studios launched in 2023 offering a gamer-first gaming platform that is scalable and provides easy-to-build toolkits…
10 months ago
DexToro Unveils Full-Scale Blockchain Protocol, Revolutionizing Decentralized Derivatives Trading
Miami, United States, 5th August 2024 – Today, DexToro is proud to announce a significant milestone — the transition to a full-blown blockchain protocol. DexToro, founded by Nick Nechanicky in June 2023, has been on a mission to democratize access to financial opportunities. The DexToro exchange is known for offering perpetual futures trading across various assets, including cryptocurrencies, forex, and stocks. Today, DexToro transitioned to a full-blown blockchain protocol. This transition means that anyone, regardless of location or background, can…
10 months ago
Polkadot Parathreads: Expanding Blockchain Opportunities with Shared Security
Parathreads significantly lower the barrier to entry for projects, making Polkadot's ecosystem more accessible and efficient by providing a scalable solution for nascent projects and applications with variable activity. Functionality and Operation Parathreads represent a crucial innovation within the Polkadot ecosystem, offering an alternative to parachains for projects with limited resources. As application-specific data structures or layer-1 blockchains, parathreads operate parallel to Polkadot's relay chain, inheriting its scalability, security, interoperability, and governance features. Unlike parachains, which require dedicated slots on…
10 months ago
Blockscout Raises $3M Seed Round Led by 1kx to Scale Open-Source Blockchain Data Exploration Across all EVM Chains
Belgrade, Serbia, August 7th, 2024, Chainwire The $3M round was led by 1kx with participation from Primitive Ventures and Gnosis.Blockscout’s open-source block explorer provides access to blockchain data with multi-search functionalities and advanced analytics for over 600 networks, including Filecoin, Arbitrum, Optimism, Base, and more.Blockscout has already become the de-facto solution for Rollup-As-A-Service providers, such as Conduit, Gelato, and Astria. Blockscout, the leading open-source block explorer for all EVM-based chains, today announced the close of its $3M seed round led…
10 months ago
Sui Sets The Standard for Blockchain Speed with New Mainnet Consensus Mechanism
Grand Cayman, Cayman Islands, August 6th, 2024, Chainwire Sui’s new Mysticeti protocol cuts consensus latency to 390 ms, elevating its industry-leading tech and developer stack to new highs. Sui, the pioneering Layer 1 blockchain known for industry-leading performance and infinite horizontal scaling, today announced the successful deployment of Mysticeti on Sui Mainnet after a successful run on Testnet. This innovative protocol cuts consensus latency to an astonishing 390 milliseconds, establishing Sui as the fastest consensus layer in the industry. Developed…
10 months ago
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BlockchainHow to Build Smart Contracts Step-by-Step For Blockchain Applications?
The post How to Build Smart Contracts Step-by-Step For Blockchain Applications? appeared first on Coinpedia Fintech News Introduction What if there was a world where contracts enforce themselves? No more red tape, no more middlemen. This is the promise of smart contracts. In blockchain technology, smart contracts stand out as one of the most transformative innovations. Smart contracts are agreements that run by themselves. The contract’s rules are written as code. These contracts enforce the agreement’s terms when specific conditions…
10 months ago
SOL Blockchain Outperforms ETH in Trading Volume – Top 5 SOL Tokens Ready for 10x Profit
Solana's blockchain has recently eclipsed Ethereum in trading volume, capturing the attention of investors and analysts alike. This surge has highlighted five standout SOL tokens with the potential for exponential growth. The article explores these promising tokens, offering insights into their potential for delivering up to 10x profits. Discover which coins are set to lead the next wave of growth. Jupiter (JUP) Shows Modest Bullish Signs Amid Market Volatility Jupiter (JUP) has demonstrated a modest bullish trend, with a one-month…
10 months ago