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Solana rolls out beta update v1.17.31 to ease network congestion

Solana

The Solana team developers developed a new algorithm, beta update v1.17.31, on April 12 to deal with persistent network congestion. The testing results, which will be available in the next three days, are an honest recommendation for all the mainnet beta validators. New updates and patches to the current network traffic are designed to counter […]

MetalCore set to be the 1st Playable Game on Immutable zkEVM

MetalCore

The Web3 gaming community has evolved a lot, and recently, Matt Candler and his team achieved a new milestone for their mega Web3 gaming project, MetalCore. As fans of Web3 gaming would expect, the MetalCore game will be the first playable Web3 game to launch on Immutable zkEVM, a Polygon-powered zero-knowledge proof-based scaling rollup compatible […]

Ripple’s Metaco secures custody deal with BCB group

Ripple

BCB Group, an innovator and leader in digital asset economic payment and trading activities, and Metaco, which is a global leader in the space of digital asset custody platforms, are shifting BCB Group’s electronic asset custody activities to Metaco. This deal was unveiled on Tuesday during the Metaco ceremony held in Ripple’s custody platform. The […]

Cardano founder Charles Hoskinson declines BitBoy crypto debate invitation

Cardano

Cardano creator Charles Hoskinson has refused an invitation to discuss together with Ben Armstrong (BitBoy Crypto), cryptocurrency expert and YouTuber. Hoskinson stated he wouldn’t discuss crypto with BitBoy. This particular move comes after Armstrong scathingly examined Cardano (ADA) on YouTube and compared it to various other blockchains like Solana (SOL) and Toncoin (TON). Armstrong’s critique […]

Anza Network targets Solana’s congestion with new fixes

Solana

Anza Network will present schemes aimed at resolving Solana blockchain congestion upon a successful transaction. With this improvement, users can enjoy the completion of their transactions in succession without losing money in the process due to transaction failures. The software developer working on Solana, upon a recent episode where congestion emerged 2 times within 48 […]

Indians are using blockchain to verify election reports

Indians are using blockchain to verify election reports

The digital era has given us a lot to be thankful for, but let’s not fool ourselves, it’s also opened up a Pandora’s box of digital deception faster than you can say “fake news.” Luckily, some folks are stepping up to bat in the fight against misinformation, especially when it’s about something as critical as […]

Ripple ODL’s impact on XRP price analyzed by crypto expert

Ripple

Ripple’s On-Demand Liquidity (ODL) solution, now rebranded to Ripple Payments, has raised a lot of discussion among the community members, asking whether it affects the market value of XRP. A well-known author in the cryptocurrency domain, Panos Mekras, has put forward the claim that even though Ripple’s ODL mechanism has all the chances to succeed, […]

China Embraces Blockchain: The Conflux Network Partnership Amid Cryptocurrency Skepticism

China Embraces Blockchain: The Conflux Network Partnership Amid Cryptocurrency Skepticism

While taking a quite rigorous position on cryptocurrencies, the government of China issued a statement of launching a dialogue blockchain infrastructure system jointly with Conflux Network. It is the ultra-large-scale blockchain infrastructure platform for the Belt and road initiative that is the core of this plan. This plan, together with China’s perpetual intensification of the […]

Blockchain pioneer Consensys advocates for Ethereum ETFs

Blockchain

Consensys, a significant blockchain technology hub, has proposed friendly initiatives to the U.S. Securities and Exchange Commission (SEC). This firm’s schematic, however, points to the rooted security systems encrypted in the Ethereum blockchain, notably the Proof of Stake (PoS) technique. The SEC receives many comments and requests regarding its application for Ethereum ETF. Consensys champions […]

The Chain Abstraction Strategy Could be the Basis for Crypto’s Expansion

The Chain Abstraction Strategy Could be the Basis for Crypto's Expansion

At the BUIDL Asia conference in Seoul, South Korea, Illia Polosukhin emphasized the importance of blockchain abstraction for mainstream cryptocurrency and Web3 technology. As the founder of the Nearkin protocol, he claims that this strategy facilitates user interaction while hiding complex information about blockchain technology. All in all, this allows a more impactful and greater […]

First Gaming Roll-Up Chain Launched in Solana by Mirror World

First Gaming Roll-Up Chain Launched in Solana by Mirror World

The game industry is on the brink of a much-lauded and praised revolution, thanks to a major breakthrough using Solana’s Layer 1 (L1) technology. With the ability to efficiently handle millions of requests, this development promises unmatched processing speed for games built on the Solana platform. Game play with Sonic SVM A computational virtual machine […]

UAE research showcases challenges facing Blockchain implementation in UAE banking sector

UAE research showcases challenges facing Blockchain implementation in UAE banking sector

The UAE based ADGM (Abu Dhabi Global Market) Academy research Centre alongside the College of Business and Economics at the United Arab Emirates University (UAEEU) carried out a research project entitled, “Digital Transformation of banking and financial institutions in the UAE: Understanding the common challenges for collective action” aimed at understanding the current landscape of […]

MetaWin Launches New Base and Arbitrum Layer 2-Powered Swap System, Boasting 2-Second Payment Speeds and Half a Cent Gas Fees

London, United Kingdom, March 28th, 2024, Chainwire   MetaWin, the trailblazing platform for on-chain prize competitions, is delighted to announce the incorporation of the Base and Arbitrum Layer 2 (L2) blockchain networks into its on-site swap feature. This ground-breaking update represents a significant milestone in MetaWin’s quest to deliver an unmatched gaming experience, offering faster […]

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

Newport Beach, CA, United States of America, March 28th, 2024, Chainwire How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization USP, an innovative tokenized real estate investment marketplace and platform, is thrilled to announce its official launch on Republic.com/uspc, a leading crowdfunding portal. This move marks a huge milestone for USP, an […]

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

Grand Cayman, Cayman Islands, March 28th, 2024, Chainwire March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading. Sui, the fast ascending Layer 1 blockchain offering industry-leading performance and infinite scaling, continued to demonstrate its blistering DeFi growth […]

Fantom Foundation partners with Frax Finance’s Sam Kazemian

Fantom

The Fantom Foundation recently announced a significant partnership with Sam Kazemian, the founder of Frax Finance. Kazemian has joined as an angel investor. His expertise and financial support will propel Fantom into its next phase of growth. This collaboration marks a pivotal step for Fantom, enhancing its ecosystem and technological capabilities. In conjunction with this […]

On-Chain AI: The Next Big Thing in Web3?

On-Chain AI: The Next Big Thing in Web3?

Blockchain and AI are two powerful technologies that seem entirely separate. Over the past year, however, the blurry line between the two worlds has become clearer as Web3 projects continue to push and explore what is possible.  The launch of ChatGPT over a year ago was a significant moment that sparked widespread interest in AI […]

Ripple faces criticism from Forbes over XRPL’s role in global finance

XRPL

In the latest article, Forbes has classified the XRP Ledger (XRPL) and 19 other blockchains as not really working – to the point of calling them “zombie chains”. The research claims that these networks, among them XRPL, need more substantial use despite their presence within the blockchain ecosystem for more than a decade. Forbes’ analysis […]

GoMining to Introduce Updated In-Platform Voting Mechanics

Road Town, Tortola, British Virgin Islands, March 27th, 2024, Chainwire GoMining, a world-leading firm widely recognized for its groundbreaking concept of seamlessly mining Bitcoin via the ownership of NFTs backed by computing power, is pleased to announce the introduction of an updated community-driven in-platform voting system. From now on, every community member will have the […]

Zircuit Launches Build to Earn Program to Reward Ecosystem Contributors

George Town, Grand Cayman, March 27th, 2024, Chainwire Zircuit, a fully EVM-compatible ZK rollup with parallelized circuits and AI-enabled security, today launched its Build to Earn program to incentivize builders, founders, and community members who contribute to the Zircuit ecosystem. Backed by Pantera Capital, Dragonfly Capital, and Maelstrom, Zircuit currently has over $800M staked. Zircuit […]

“BloodLoop Levels Up: $4M Raise Fuels Blockchain Gaming Adoption”

Lugano, Switzerland, March 27th, 2024, Chainwire 7 Digital Labs, the Swiss gaming studio that owns and produces BloodLoop, announced today that it has raised $4 million in seed funding. The company, which has been in the industry for over three years, is producing a free-to-play hero shooter integrated into the web3 gaming world. BloodLoop – […]

XCAD Announces Multiple Governments’ Backing for New Initiative to Expand Web3 Education

UAE, UAE, March 27th, 2024, Chainwire XCAD Network – a tokenisation platform for YouTubers to connect and reward their viewers with crypto tokens – today announced it has signed MOUs (Memorandum of Understanding) with multiple governments to expand incentivised Web3 education to millions of people across the globe. By securing the support of several governments, […]

Near Foundation unveils new multi-chain feature for its users

Near

The nonprofit organization behind the layer-1 protocol, Near Foundation has revealed a significant advancement in the introduction of Chain Signatures. The new feature will allow users on the platform to access multiple chains using their account, enhancing interoperability across multiple chains in the blockchain ecosystem. Near Foundation unveils its new multi-chain features The validators set […]

Sui and Revolut Launch Global Partnership to Accelerate Blockchain Education and Adoption

Grand Cayman, Cayman Islands, March 27th, 2024, Chainwire Sui, the Layer 1 blockchain that offers industry-leading performance and infinite scaling, proudly announced a landmark collaboration with Revolut, a leading global fintech with over 40 million customers worldwide. The strategic partnership will bolster awareness and adoption of blockchain technology among Revolut’s expansive user base while opening […]

ceτi AI Announces Partnership Innovation Fund to Accelerate Innovation in Decentralized AI

Vancouver, Canada, March 27th, 2024, Chainwire In a significant move to fuel the growth of decentralized artificial intelligence, ceτi AI is proud to announce the establishment of the ceτi AI Partnership Innovation Fund with an initial allocation of $500k USD. This strategic fund is designed to catalyze innovation by forging partnerships with emerging projects at […]

Optimism Pledges $3.3 Billion in Tokens to Foster Blockchain Ecosystem Growth

Optimism Pledges $3.3 Billion in Tokens to Foster Blockchain Ecosystem Growth

Optimism, a leading Ethereum Layer 2 scaling solution, has announced its commitment to earmark a staggering $3.3 billion worth of its native OP tokens. The fund is dedicated to recognizing and rewarding the invaluable contributions of projects and individuals to the blockchain space. The Optimism Collective, the governance and community arm of the network, made […]

OPZ Launches AI-Powered Wallet on iOS/Android and Raises $200K+ Within Hours

Singapore, Singapore, March 26th, 2024, Chainwire OPZ Token ($OPZ) is an all-in-one solution that combines a wallet on iOS & Android, decentralized exchange, advanced AI trading, and NFC technology. It provides 1,000,000,000 tokens for traders. Using ERC-20, this token employs powerful AI trading technology to handle users’ trades. Traders buy and hold the tokens, AI system […]

Bridging AI and Blockchain for Growth

Blockchain

Solana (SOL) has surged ahead in the ever-evolving landscape of cryptocurrency, earning accolades for its visionary strategies reminiscent of tech giant Apple. Solana’s seamless integration of hardware and software components sets it apart, propelling it to the forefront of the industry. Solana’s rise to prominence can be attributed to its forward-thinking approach and commitment to […]

LIF3.com integrates Fireblocks to elevate safety and security in next-generation consumer DeFi

Road Town, British Virgin Islands, March 26th, 2024, Chainwire Lif3.com is thrilled to announce its integration with Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations. This collaboration brings together Lif3’s innovative multi-chain DeFi ecosystem with Fireblocks’ trailblazing security solution, including their Direct Custody platform and cutting-edge Non-Custodial Wallets-as-a-Service (WaaS) to […]

FOMO BULL CLUB: Revolutionizing Memecoin Launches with a Decentralized Launchpad

Singapore, Singapore, March 26th, 2024, Chainwire   FOMO BULL CLUB, an exclusive, multichain, decentralized launchpad and liquidity hub for memecoins, targets key challenges in their launch process. By creating a launch framework on networks such as Polygon, Solana, Ethereum, Manta Network, and SUI, it removes the risk of rug pulls and guarantees instant utility for […]

tymt™ – A Game Launcher Transforming Gaming Experiences

Sollefteå, Sweden, December 20th, 2023, Chainwire The Gaming Landscape: An Ongoing Struggle Gaming, an essential part of global culture, connects over a billion people worldwide through entertainment, escape, and social interaction. However, within this vast realm of gaming platforms and titles, a perpetual battle for dominance, revenue, and player engagement persists. Gamers encounter numerous options […]

Magic Square Launches $SQR Staking Program for Token Holders

Road Town, BVI, March 25th, 2024, Chainwire Following its acquisition of TruePNL earlier this year, Magic Square, the Binance Labs backed Web3 app store, has launched a staking program for holders of its $SQR token. This initiative aims to enhance the utility of the $SQR token and incentivize the Magic Square community to support the […]

XRPL considers a Canary Network amidst technical challenges

XRPL

The XRP Ledger (XRPL) discussions have emerged among developers concerning the establishment of a Canary Network. This initiative, spearheaded by Wietse Wind, co-founder of Xumm Wallet, seeks to introduce a reliable testing environment for the layer-1 blockchain. Wind’s proposal comes as a response to a recent incident where the launch of an Automated Market Maker […]

RippleX urges caution amid XRPL AMM pool glitch

XRPL

RippleX, the developer arm behind the XRP Ledger (XRPL), has identified a technical glitch affecting certain Automated Market Maker (AMM) pools on the XRPL. This glitch has disrupted transaction processes within these pools, prompting RippleX to take preventive measures. Community reacts to XRPL glitch, mixed responses emerge The glitch in question has impacted the execution […]

Chinese blockchain users dealing with a shocking scam pandemic

Chinese blockchain users dealing with a shocking scam pandemic

The blockchain sphere in China is currently navigating through tumultuous waters, thanks to a cleverly orchestrated scam pandemic that’s left countless investors out of pocket. This isn’t just your run-of-the-mill cyber deception; we’re talking about a sophisticated double-whammy where victims, already burned once, are being scorched again by predators masquerading as their saviors. It’s a […]

Worldcoin Foundation makes its Orb technology open source

Worldcoin

Worldcoin Foundation, the organization behind a digital asset protocol developed by OpenAI co-founder and CEO Sam Altman, announced on Friday its decision to open-source key components of its Orb technology. This move is aimed at promoting trust, transparency, and collaborative development within the community. Worldcoin Foundation makes its Orb technology open source By making the […]

XRPL launches AMM feature, opening new passive income avenues

XRPL

The XRP Ledger (XRPL) has introduced an Automated Market Maker (AMM) feature. This significant development went live on March 22, as announced by the RippleX team. The integration of this non-custodial AMM marks an important advancement in the XRPL decentralized exchange (DEX). It transitions from traditional liquidity models based on central limit order books to […]

Rapid DePIN scaling and the path to exponential Minutes Network growth

London, United Kingdom, March 22nd, 2024, Chainwire Minutes Network, the world’s first blockchain-based wholesale, DePIN voice carrier, with its, unique close to zero termination cost model unveiled more of its innovative technology today, showcasing its proprietary Mintech Rapid Growth Library (MRGL), and its power to exponentially grow the Minutes Network user base with unprecedented pace. […]

A New Meme Coin Inspired by Shrek’s Iconic Character Launches Presale

Dublin, Ireland, March 22nd, 2024, Chainwire As interest in meme coins grows among enthusiasts on the Solana blockchain, the introduction of new meme coins reflects the evolving landscape of digital currencies. The Solana blockchain, known for its efficient transaction processing and low fees, has become a popular platform for these unique digital assets. The appearance […]

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