Verified Credentials (VCs), a walletless solution that facilitates the efficient and reliable sharing of personal data while preserving privacy and control, have been introduced by Internet Computer Protocol (ICP), a decentralized blockchain network that expands the functionality of Web3 by navigating the boundaries of traditional blockchains and smart contracts. At
June 19, 2024 4 mins read
Stuart Alderoty, chief legal officer of Ripple, has offered fresh commentary on the United States Securities and Exchange Commission’s (SEC) most recent filing after a contentious week in the case. An announcement of a settlement between the regulator and insolvent Terraform Labs kicked off the drama this week. The parties
June 16, 2024 2 mins read
Recent report by Liquid Collective and Obol has uncovered various hazards related with Ethereum’s upcoming Pectra upgrade in early 2025. Although distributed validator technology (DVT) has been slow to gain traction. The report stresses the significance of diverse clients, operators, and cloud. Concerning the execution and consensus clients, the report
June 16, 2024 1 min read
After becoming a validator on Fetch.ai’s decentralized blockchain, Deutsche Telekom set its sights on expanding Web3. In continuation with its current crypto-based initiatives, Deutsche Telekom has declared its intention to begin Bitcoin mining. Since 2023, the telecom company has operated Bitcoin nodes, and they are now running Bitcoin Lightning Network
June 16, 2024 2 mins read
With the launch of the Polygon Governance Hub, Ethereum Layer 2 Polygon has made a significant stride in enhancing community ownership and governance. The Aragon Project, a well-known DAO developer, developed the Polygon Community’s governance hub. A community-driven hub and protocol governance contracts makeup Aragon Project’s end-to-end governance solution, according
June 14, 2024 2 mins read
The Pyth Network maintains its goal of providing global smart contract developers with access to financial data. In keeping with this perspective, the Oracle Network has introduced the GMCI 30 Index Price Feed, which gives more than 60 blockchain ecosystems access to the GMCI crypto market price index, also known
June 13, 2024 3 mins read
The NFT sector has lagged behind the rest of the cryptocurrency industry, which has been quite exciting so far this year. The amount of Ethereum NFT marketplace transactions has been falling every month since January, and it was already much lower in January compared to the billions of dollars moved
June 12, 2024 2 mins read
Following a surprising dip in US inflation numbers, the crypto market rebounded. As the Consumer Price Index (CPI) for May revealed inflation cooling quicker than anticipated, Bitcoin surged over 5%. CPI remained steady month-on-month and came in at 3.3% year-on-year, both of which were 0.1% lower than expected. U.S. Bureau
June 12, 2024 1 min read
Vitalik Buterin is praising the successes of Ethereum’s Layer 2 protocols in light of the recent Optimism (OP) milestone. As per OP Labs’, Ethereum L2 Optimism has now included fault proofs to its smart contracts. As of right now, Optimism is in what the development team calls “Stage 1” of
June 12, 2024 2 mins read
Formerly known as OAK Network, Ava Protocol has announced that $10 million in seed investment has been completed. This includes a $5.5 million initial round and a subsequent $4.5 million seed+ round. The funds will go toward helping Ava Protocol develop an Eigenlayer AVS that is intent-centric and event-driven, enabling private autonomous transactions on
June 11, 2024 3 mins read
