Blockchain

Imagine stepping into an immersive virtual reality world, all powered by crypto. That’s the big idea behind 5th Scape (5SCAPE) – a new VR project on Ethereum that is making waves after raising $6 million during its presale phase. 5th Scape – A New VR Ecosystem Built on Ethereum 5th Scape is a cutting-edge platform that’s taking VR experiences to the next level. The platform will offer a library of 3D VR games in genres such as MMA, cricket, soccer, archery, and more. But...

CoinspeakerPanasonic to Use DCJPY Crypto for Tourist Passes in Japan Panasonic plans to launch a flat fee for tourists to buy passes as NFTs via the upcoming DCJPY digital asset, at a flat rate for all rides. Panasonic to Use DCJPY Crypto for Tourist Passes in Japan

Two siblings who attended the Massachusetts Institute of Technology (MIT) are now facing allegations of exploiting a vulnerability in the Ethereum blockchain. The duo reportedly swindled $25 million within 12 seconds, which the prosecutors labeled as a first-of-its-kind caper. If convicted, both of them could potentially serve sentences exceeding 20 years in prison. Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are facing federal charges in Manhattan for fraud and...

Decentralized finance (DeFi) has been one of the most transformative and innovative sectors in the blockchain and cryptocurrency space. It has provided an alternative to traditional financial systems by offering open, permissionless, and inclusive financial services to anyone with an internet connection. As the DeFi ecosystem evolves, new projects and platforms emerge to address the existing challenges and push the boundaries of what is possible. One such project...

TL;DR Polkadot partnered with Founder Institute to launch a Web3 cohort and introduced Asynchronous Backing to enhance scalability. Some of its parachains, such as Acala Network and Moonbeam Network, have also made notable advancements in security, governance, and community engagement initiatives. Summary of the Latest Developments Polkadot’s ecosystem continues to advance due to frequent improvements in its operations and vital partnerships. Most recently, the blockchain...

By examining the processing speed of the largest blockchain networks in terms of total value locked on DeFiLlama, CoinGecko outlined the fastest based on the actual and realized transactions-per-speed (TPS) metric. The report concluded that Solana leads the way, followed by Sui and the Binance Smart Chain. Interestingly, Ethereum and Bitcoin are not even in the top 15. Solana’s World Despite its several outages in the past few years, the Solana blockchain has emerged as the...

The cryptocurrency landscape is marked by both burgeoning opportunities and significant challenges. As Coinbase grapples with legal disputes that underscore the volatile nature of digital currencies, Bitcoin Cash gears up for potential growth spurred by its anticipated halving event. Amid these dynamics, BlockDAG capitalizes on its innovative blockchain and Directed Acyclic Graph (DAG) technology integration, aiming for long-term dominance in the market....

TON has emerged as one of the top-performing Layer 1 blockchains in 2024, according to the latest analysis by CryptoQuant. Demonstrating a remarkable 118% outperformance over Bitcoin since the beginning of the year, TON has stood out in stark contrast to other popular Layer 1 chains, which have struggled to gain momentum. Among major blockchains, only TON and BNB have significantly outpaced Bitcoin in this period, as per the intelligence resource. This relative strength,...

[PRESS RELEASE – Dubai, United Arab Emirates, May 17th, 2024] Penguiana’s presale, the penguin-themed Solana meme coin, has now surpassed 1,500 SOL. The team believes this achievement underscores the growing interest surrounding Penguiana within the crypto and meme coin communities. Inspired by the playful and communal nature of penguins, Penguiana is more than just another meme coin. It is poised to become a significant player in the Solana ecosystem, leveraging the...

[PRESS RELEASE – Zug, Switzerland, May 17th, 2024] Alephoria invites web3 users to the Aleph Zero ecosystem with an interactive initiative of campaigns as projects launch Aleph Zero–the privacy-oriented layer 1 blockchain–is gearing up for a surge of new users with its Alephoria campaign. Newcomers can look forward to airdrops and other promotional activities as they join the expanding ecosystem. Dozens of teams are actively developing groundbreaking solutions on Aleph Zero,...