Blockchain News

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FLock and io.net Introduce Proof of AI Consensus for Decentralized Compute Verification

FLock and io.net have collaborated to develop the first Proof of AI (PoAI) consensus mechanism in the world, which validates the integrity of nodes functioning inside a decentralized compute network. Through the completion of compute-intensive AI training tasks, decentralized physical infrastructure networks (DePINs) may use PoAI to verify the integrity of DePIN nodes. PoAI

August 29, 2024 3 mins read

Mythical Games' Migration to Polkadot Boosts Network with Over 3.6 Million New Accounts

Polkadot Significantly Boosts Blockchain Education Via Virtual Academy PBA-X

With the launch of its esteemed Polkadot Blockchain Academy in the digital sphere, Polkadot, the multichain ecosystem driving the push for a better web, is preparing the next generation of blockchain/web3 builders. It is becoming more and more difficult to train developers to create the next generation of the internet due to

August 29, 2024 3 mins read

Transak Secures Alabama Money Transmitter License, Boosting Regulatory Compliance

Kaia Announces Mainnet Launch Alongside the Kaia Wave Builder Support Program

Layer 1 blockchain Kaia has announced the official launch of its mainnet, as well as the Kaia Wave builder support program developed by Kaia and LINE NEXT to promote consumer adoption of web3 services. With more than 400 partners on board, Kaia, which was formed via the merging of the L1

August 29, 2024 3 mins read

The New Safe Haven for Your Assets: ArkeFi and Alternative Investment Options

As market volatility becomes the norm, investors are increasingly seeking safe havens for their assets outside of traditional options like the S&P 500. Historically, assets like gold, real estate, and government bonds have served as refuges during economic downturns. However, as markets continue to evolve, the need for alternative investment

August 29, 2024 3 mins read

Merkle Trade Launches TGE Sequence with Genesis Staking and Liquidity Bootstrapping Auction

First gamified perpetual futures decentralized exchange (DEX), Merkle Trade is unveiling its Token Generation Event (TGE) Sequence, which has a Liquidity Bootstrapping Auction (LBA) and Genesis Staking, a unique combination that is built on Aptos, the scalable, secure, and feature-rich Layer-1 blockchain. With the backing of well-known investors such as

August 29, 2024 2 mins read

Oasys Partners with SBI Holdings to Elevate Web3 Gaming in Japan

Oasys, a blockchain platform built for games partners up with SBI Holdings, Inc., one of Japan’s largest financial conglomerates to improve and boost the Web3 gaming in Japan. SBI is known for its collaboration with multiple companies. It is ranked among the top 25 by market capitalization. This partnership includes

August 29, 2024 1 min read

Layer1 Blockchain Kaia by Kakao and LINE Launches Mainnet

Kaia, the new Layer-1 blockchain from Kakao and LINE, is officially launching its mainnet on August 29 at 10 p.m. Eastern Time. This launch combines the strengths of two Asian messenger platforms Kakao and LINE. Kakao’s messenger app is immensely popular in South Korea, with 96% of the population using

August 29, 2024 2 mins read

Creditcoin Launches EVM-Compatible Mainnet and CreditWallet App

The foundational L1 blockchain, Creditcoin, has announced the launch of its EVM-compatible mainnet, a significant advancement in the use of blockchain technology to achieve global financial inclusion. Together with introducing CreditWallet, a brand-new mobile wallet app designed to maximize user interaction with the Creditcoin ecosystem, this launch furthers the primary goals of Creditcoin.

August 28, 2024 1 min read

TON Network Encounters Faltering Block Production Due to Overload

The TON community has taken to the spotlight since the week’s beginning. With the controversial detention of its co-founder in France and the launch of a new memecoin $DOGS, the TON Network has seen quite the frenzy. In addition, community members observed a glitch in the blockchain’s activity in the

August 28, 2024 2 mins read

10 Rising Blockchain VCs That Are Making Waves

Everyone in web3 is familiar with names like Andreesen Horowitz, Coinbase Ventures, and Binance Labs. But outside of the big venture capital firms, there are hundreds more that undertake the same work, funding and supporting startups and advocating for web3 adoption. From this long tail of web3 VCs, a few

August 28, 2024 7 mins read