Blockchain

[PRESS RELEASE – Singapore, Singapore, March 17th, 2024] In a world increasingly dependent on artificial intelligence (AI), the shift towards decentralized and open-source AI is crucial to mitigate the risks associated with centralization and to ensure the future of AI benefits everyone, not just a select few. RSS3 has been at the forefront of aggregating Open Information (data from blockchains and decentralized networks) and processing it into AI-ready formats. Their core...

BNB Chain has launched a Rollup-as-a-Service (RaaS) solution that aims to enable large-scale Dapps, enterprises, and BNB Chain itself to construct customized Layer 2 solutions. The latest move aligns with BNB Chain’s 2023 roadmap, which involves expanding the ecosystem with a secure multichain strategy, among other aspects. BNB’s Rollup-as-a-Service (RaaS) Solution According to the official press release, RaaS targets Dapps and blockchain ventures, providing a cost-efficient...

The markets are rallying exuberantly for BTC for a couple of reasons this March. Institutional investors bought deep after the SEC opened up Wall Street access to Bitcoin price exposure through custodial spot ETFs. That only adds to the scarcity shock with the supply halving coming up next month. However, many blockchain crypto trading strategists think it is hard to overstate the importance of the ETF approvals by the Securities and Exchange Commission. The new paradigm does...

The Solana blockchain has become the home of many new and popular meme coins that have garnered the community’s attention during this bull cycle. This has pushed not only their prices up but also SOL’s. The latest such craze is called BOOK OF MEME and was launched earlier this week. It quickly skyrocketed by triple and quadruple digits in days and has now entered the top 100 cryptocurrencies by market cap after a Binance listing. CryptoPotato reported earlier that a savvy...

The Ethereum network’s activity and supply dynamics have remained positive over the first hours after Dencun, the most complex hard fork since the Merge, was launched on the blockchain. The latest weekly report from CryptoQuant said Ether (ETH) faces a risk of price correction in the short term despite positive network activity. Ethereum Network Dynamics Are Positive The Dencun upgrade, shipped on March 13, is designed to significantly slash Ethereum-based layer-2 networks’...

The encrypted Ethereum layer 2 network, TEN (aka The Encrypted Network), has announced the completion of a $9 million funding round led by the banking consortium R3. TEN is a layer 2 rollup platform targeting encryption, MEV prevention, scalability, and gas efficiency. It’s said to offer “a balance between Optimistic-based L2s and ZK-Rollups.” Using encryption, TEN lets developers choose which parts of their smart contract they’d like to keep private, and which parts public....

CoinspeakerBinance Quietly Concludes Binance Labs Spinoff as Part of Developments Under New CEO Binance Labs is now an independent spinoff of Binance Holdings and has no ties to the parent company other than the trademark name. Binance Quietly Concludes Binance Labs Spinoff as Part of Developments Under New CEO

The Cardano (ADA) blockchain has experienced a significant uptick in user engagement over the past month. According to data from Danogo, a decentralized exchange (DEX) on Cardano, the number of active wallets on the network surged to 600K, a 40% increase that doubles the lowest amount in the past 30 days. The surge in active wallets in the Cardano blockchain coincides with a boost in its decentralized finance (DeFi) ecosystem, which stands at roughly $500M, according to data...

[PRESS RELEASE – San Francisco, California, March 14th, 2024] In a landmark move for the blockchain industry, Ankr, a pioneer in the development of Decentralized Physical Infrastructure Networks (DePIN), is thrilled to announce an ambitious expansion of its network through strategic partnerships with leading Ultra Sound Infrastructure providers. This expansion is set to redefine the standards of a decentralized Web3, reinforcing Ankr’s position at the forefront of leveraging...

Cloud mining is widely praised for its ease of use and is suitable for both expert traders and newcomers to the cryptocurrency world. Compared to the hands-on approach required for traditional mining, where equipment must be invested and managed, cloud mining is conducted through off-site data processing centers. Some of the main properties are highlighted below: Remote Mining: Cloud mining gives the ability to mine Bitcoin from any location around the world,...