Elon Musk hit the headlines in late January for a reported plan to run parts of the US government on blockchain. The idea became an international story, even though Bloomberg’s sources were anonymous and neither Musk nor the US government announced anything official (Musk did express support for the idea on X however.) The concept clearly…
Read more
Ether faces significant resistance at $3,400, with over $1 billion worth of cumulative leveraged shorts set to be liquidated. Ethereum needs stronger blockchain activity, new use cases, and collaboration with public and private interests to regain investor confidence and reclaim its previous all-time high, analysts told . Ether has been in a downtrend for nearly six…
Read more
Ronin network, an Ethereum sidechain that hosts Axie Infinity and other games, is experiencing a resurgence with about 1.4 million daily active users. That puts it in second place across all blockchains, just behind Tron’s 2.2 million daily active users, according to Token Terminal. But the Ronin network only generated the 13th highest fee revenue…
Read more
A new one-minute spot from Coinbase features an animated former U.S. President Abraham Lincoln on a penny pleading to be converted into digital form. Moving the United States dollar to a “well-designed blockchain” could make billions of “clunky” pennies in the country useful again, according to a new ad campaign from crypto exchange Coinbase. The…
Read more
Central issues: The London Stock Trade to send off a blockchain-controlled computerized market for customary resources. Drive prohibits cryptographic money, underlining productivity and straightforwardness. LSEG builds up its obligation to development and monetary center point status. In a noteworthy move, the London Stock Trade (LSEG) has uncovered its aggressive arrangement to present a computerized market…
Read more
Central issues: Shanghai government discharges rules to advance blockchain, computerized yuan, and metaverse reception in true enterprises. The arrangement incorporates blockchain-based stages for product exchanging, online business, and computerized change in heritage ventures. Shanghai’s move lines up with China’s emphasis on utilizing blockchain’s expense efficiencies and lifts effectiveness in overseeing product settlements with the computerized…
Read more
Key Points: At the Blockchain Futurist Conference in Toronto in August, Shibarium, a Layer 2 blockchain solution, intends to launch its mainnet. Shib will also host a multi-month hackathon as one of the event’s main sponsors, and Shibarium will showcase all Shib-branded projects and services. Shib will have a significant chance to showcase its most…
Read more
Key Points: QuickNode adds support for XRP Record, helping Web3 reception. XRPL offers unwavering quality, quick exchanges, and various use cases. Developers can create high-quality digital applications thanks to QuickNode’s streamlined infrastructure. An intriguing platform announcement has been made by QuickNode, a leading provider of blockchain infrastructure solutions. It upholds the XRP Record (XRPL), making…
Read more
By providing decentralized access services to high-integrity data from other chains and Web2, Flare, an EVM-based Layer 1 blockchain, aims to expand the utility of blockchains. Let’s take a closer look at the Flare Network’s purpose, tokens, key features, and operation. What is Flare Network? Using the Ethereum virtual machine (EVM), the…
Read more
50% of uninsured deposits, according to insiders, will be reimbursed by next week. Less than 72 hours after the failure of renowned American tech bank Silicon Valley Bank (SVB), relief efforts may already be under way, according to a post on March 11 by Bob Elliot, chief investment officer of Unlimited Funds. Elliot stated among…
Read more
