Environmental organizations have long criticized Bitcoin and its proof-of-work system for using too much energy. With the use of an Ethereum Virtual Machine (EVM) and a mobile treasure hunt based on NFT that coincides with the mainnet launch, the new Bitcoin layer-2 staking network Social Network seeks to alter this.
With more than $8 million in financing from prominent venture capital companies and angel investors, Zeus Network has shown that its goal of improving the Solana blockchain platform is backed up. Notable companies including UTXO Management, Anagram, Animoca Venture, Portal Venture, Big Brain Venture, Comma3, Axia8, Lemniscap, Spartan, IVC, AppWorks,
The excitement is building up as we near Agora Group’s 13th GBC, co-hosted by TdeFi, at Sofitel, the Palm – Dubai, UAE. The 13th GBC is a celebration of the combined influence of our staff, clients, partners, and investors who continue to demonstrate their solid faith in the future of
The announcement of Project Agorá’s commencement was made by the Bank for International Settlements (BIS). The goal of this collaborative effort between private financial companies and seven national banks—the UK, Japan, South Korea, Mexico, Switzerland, and Europe—is to investigate the possibility of combining central bank funds with tokenized deposits from
The Pyth Network is thrilled to launch the USDB and W/USD price feeds. The primary platform for multi-chain bridges and apps interoperability, @wormhole, has $W as its governance token. There are now over 50 blockchains that support the Pyth W/USD price feed. Unlike previous oracles, this Pyth instance responds to the
The first node built on Base, an Ethereum Layer-2 scaling solution developed by Coinbase, marks Powerloom’s entry into the Base ecosystem. Powerloom is a leading composable data network that allows protocols to index and query blockchain data in a decentralized way. In keeping with its mission to provide actionable onchain data
A total of $10 million in cumulative investment has been successfully secured by Web3 gaming platform Gomble Games, a spinoff of the well-known game studio “111%,” with participation from prominent worldwide venture capital firms like Spartan, Hashed, Shima Capital, Animoca Brands, Altos Ventures, IOSG Ventures, Foresight Ventures, BigBrain Holdings, and
A strategic alliance has been announced by GPU network that is decentralized io.net and Allora, a self-improving decentralized AI network. One of the best platforms for ML developers to quickly build scalable GPU clusters for AI model training and inference is Io.net. Moreover, io.net improves the computational efficiency and model accuracy
Activating decentralized governance, the treasury, and partner chains are crucial catalysts for achieving blockchain sustainability, according to Cardano’s founder Charles Hoskinson. In response to a previous article on X, the founder of Cardano provided these important factors that would ensure the blockchain’s long-term viability. In order to make Cardano more
Paper Ventures and Maven11 spearheaded mysterious blockchain Sophon’s successful $10 million fundraising campaign. Notable companies like Spartan, SevenX, OKX Ventures, and Huobi Ventures contributed to the investment round. The specifics of what Sophon involves are still mostly unclear, having only been mentioned in a small number of tweets so far. The
