Blockchain

Crypto Boom: BlockDAG Soars 1400% with UFC Champ Pereira On Board, Attracts Ripple & ChainLink Investors!

28 mins ago 4 mins read

Cryptocurrency markets have seen significant fluctuations recently. Ripple’s (XRP) price jumped by 27% amidst a general market rally and its ongoing legal developments with the SEC. Simultaneously, ChainLink has been the subject of attention due to a whale accumulating 12.75 million LINK. BlockDAG has grabbed the limelight by recruiting UFC Champion Alex Pereira as its inaugural brand ambassador. This partnership, together with a captivating CGI video, has catapulted BlockDAG‘s presale

Gasless transactions are now live on the TON blockchain

July 26, 2024 1 min read

The TON Core team, in collaboration with non-custodial wallet Tonkeeper, has launched the W5 smart wallet standard, enabling gasless transactions on the TON blockchain. The W5 smart wallet, developed by Tonkeeper, enables users to make transactions using USDT as payment for transaction fees while sending USDT and Notcoin (NOT) as payment for gas fees when sending Notcoin. The collaboration with TON Core ensures unparalleled security, efficiency, and ease of use,

DEX Uniswap announces an update for UniswapX, and users are hoping for more activity

July 24, 2024 1 min read

Uniswap, a decentralized cryptocurrency exchange, has announced an update for UniswapX. This update introduces a new auction contract that aims to improve the process of quoting information. The update guarantees enhanced quotation velocities, optimized deal execution, and a greater amount of MEV restored to swappers. The update has been implemented on the web application and will shortly be available on mobile devices. The improvement has received positive feedback from the

BlockFi completes the sale of its FTX claims, enabling final creditor payouts 

July 24, 2024 1 min read

BlockFi, a crypto lending company, has successfully sold its FTX claims, a significant step towards finalizing its bankruptcy process. The sale was completed at a premium to their face value, ensuring a near-term final distribution of 100% to all allowed customers and general unsecured creditors. Mohsin Y. Meghji, BlockFi’s plan administrator, confirmed the transaction in a report to the United States Bankruptcy Court for the District of New Jersey. In

Toyota plans to incorporate Ethereum blockchain technology into its vehicles

July 24, 2024 0 mins read

Toyota is looking into incorporating Ethereum blockchain technology into its vehicles. This could potentially revolutionize car management and functionality. In addition, Toyota proposes a “Movement Oriented Account” (MOA) built on the Ethereum ERC-4337 standard. This standard allows secure account management even if the private key is lost. The MOA development is seen as a stepping stone towards fully autonomous driving in the future. Secure and reliable account management is crucial

Catalyze introduces Web3 community learning app

July 24, 2024 1 min read

Catalyze, a community platform for Web3 education, has launched its app (catalyze.one) and campaign to onboard the next generation of Web3 leaders. According to the company, the platform was built with the aim of revolutionizing community management with intuitive Web3-based tools, enabling users to create and manage communities, schedule events, and facilitate value exchanges within a decentralized framework. With that vision in mind, the team added that Catalyze is set

Sui Foundation announces the integration of Amazon Web Service’s (AWS) blockchain

July 23, 2024 1 min read

The Sui Foundation has announced the integration of Amazon Web Service’s (AWS) Blockchain Node Runners on Sui, offering developers a self-managed node deployment solution. This allows builders to set up and deploy Sui full nodes within the AWS environment, benefiting from the high availability, scalability, and reliability of AWS’s robust cloud infrastructure. AWS Blockchain Node Runners simplifies the process of running blockchain nodes, allowing users to easily deploy, scale, manage,

An on-chain peer-to-peer payments dApp Reveel, reaches 100,000 users in Over 160 Countries

July 23, 2024 1 min read

Reveel, an on-chain peer-to-peer payments app, announced it has reached 100,000 users across 160 countries, making it the largest on-chain peer-to-peer (P2P) payments app available. According to the team, the app provides decentralized, transparent, and secure on-chain payments globally and across multiple tokens and chains, including BNB Chain, with which Reveel recently announced a collaboration. By 2028, nearly 3 in 4 US smartphone users are expected to send money over

Cryptocurrency exchange OKX to stop offering services in Niger

July 22, 2024 2 mins read

OKX, a cryptocurrency exchange, has announced its withdrawal from Nigeria. Starting from July 17, 2024, all services provided to Nigerian customers will be terminated. This decision is a result of recent modifications in local legislation and regulations. The decision comes after Naira withdrawals were halted in May 2024, also due to regulatory concerns. Subsequently, the Nigerian government levied allegations against Binance, asserting that the crypto exchange had engaged in the

Panasonic, IBM partner with Constellation Network to debut its Blockchain of Blockchains

July 15, 2024 2 mins read

Constellation Network is organizing the Global Metagraph Hackathon, an online event that will take place from July 15th to September 9th, 2024. The purpose of this hackathon is to motivate developers to create applications using the Hypergraph distributed ledger technology. The event, scheduled from July 15th to September 9th, 2024, will distribute a prize of $100,000 in $DAG (Constellation Network’s money) to winners in different categories related to metagraph creation

Solana gaming L2 Sonic announces a partnership with Neon Stack

July 11, 2024 1 min read

Solana gaming L2, Sonic, has partnered with Neon Stack to bring Ethereum Virtual Machine (EVM) compatibility to its Sonic Virtual Machine (SVM). This partnership will enable Ethereum developers to launch EVM-powered dapps on Sonic’s gaming-optimized HyperGrid L2. Sonic’s L2 is designed to support high-volume dapps, including web3 games, with settlement occurring on Solana L1. The partnership will make it easy for Ethereum developers to migrate EVM-based dapps to Solana, enabling

Agoric, a L1 blockchain, announces the roll-out of its Orchestration API

July 10, 2024 1 min read

Agoric, a layer 1 blockchain designed for chain abstraction, has launched its Orchestration API, allowing developers to create next-gen Web3 applications that coordinate digital assets and services across multiple blockchain ecosystems. This allows users to benefit from one-click interactions, deploying their liquidity and accessing multiple blockchains uniformly. With over $2 trillion in liquidity fragmented across different blockchains and their ecosystems, users often face complex, arduous experiences in Web3. According to