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The web3 builder-focused event Building Blocks 23 will take place on February 7, 2023, in the heart of Tel Aviv. The one-day Building Blocks event, which is being hosted by leading Israeli firms as part of ETH TLV, will bring together Ethereum developers and communities. Throughout ETH TLV, a number
The role of “Proof of reserves” is to ascertain that a financial institution has a 1:1 ratio backing of user funds with real assets. Blockchain companies are turning to third-party firms to audit their businesses and provide attestations to their assets and liabilities. This move has significantly grown following the
At 11:59 p.m. UTC on January 9, Flare, the blockchain for developing apps that utilize data from other chains and the internet, successfully launched its much anticipated token airdrop. One of the greatest scale distributions in cryptocurrency history, the airdrop saw 4.279 billion Flare (FLR) tokens issued to millions of
The Ferrari racing division, known as Scuderia Ferrari, has severed ties with its cryptocurrency sponsor, joining a growing number of Formula One racing teams doing so. Ferrari lost $55 million after terminating its multi-year collaboration arrangements with Velas Blockchain and chip manufacturing giant Snapdragon in preparation for the 2023 season.
The Central Bank of Singapore has previously advocated prohibiting crypto companies from lending their retail clients’ digital tokens. One of the most influential cryptocurrency advocacy groups in Singapore, the Blockchain Association, has spoken out against this idea, calling it “overly restrictive.” To them, the idea to outlaw all crypto companies
AAG, a provider of web3 infrastructure, has formally introduced the MetaOne® Wallet, its flagship offering. The MetaOne Wallet eliminates the need for users to remember or securely store their private keys and seed phrases, making it simpler and easier to onboard new users into the Metaverse economy. Additional user-friendly features
On Wednesday, Blockchain Protocol Algorand (ALGO) went up around 5% in the last 24 hours as per CMC, as the layer 1 technology was in the headlines for all the right reasons. Other than the news that it will be used to power Italy’s digital assurances platform last month. There
In only three months, the top Web3 game discovery app Glip has added more than 100,000 users and exceeded 1 million wallet creations. The app also detected a significant demand for Web3 gaming, which led to over 50,000 verified earners. The Web3 gaming market is expanding, but one of the
Blockchain technology will be used in Turkey’s online public service login procedure. The Turkish government’s digital portal E-Devlet. Via which residents may access a variety of government services. Will soon require users to authenticate their identities using a blockchain-based digital identity before granting access. Vice President Fuat Oktay of Turkey
The total market worth of all cryptocurrencies has fallen below the $800 billion threshold, signaling a continuation of the industry-wide decline. The value of the most popular cryptocurrency, Bitcoin (BTC), has fallen by 65% YTD, while the value of Ethereum (ETH) has fallen by 68% YTD. Although 2022 was the
