Day: September 14, 2023

PUBG devs’ Web3 project, Animoca’s $20M raise, Shardbound review – Cointelegraph Magazine

PUBG meets Cosmos Krafton, the company behind PlayerUnknown’s Battlegrounds (PUBG), is venturing into Web3 with Settlus, a Cosmos-based blockchain project specifically designed for the creator economy. Settlus aims to provide content creators with a payment platform that streamlines transparent settlement processes. The South Korean gaming giant’s project was announced at the Korea Blockchain Week’s Circle Hacker House event, co-presented by Circle and AngelHack. Circle CEO Jeremy Allaire highlighted PUBG’s large user base of 30 million monthly active users. Cosmos’ software development kit will serve as the framework, and network gas…

How to strike a balance between blockchain transparency and privacy: Nansen CEO

The world may be moving in a direction where people are more comfortable in having their assets and ownership available for everyone to see, according to Alex Svanevik, the CEO of blockchain analytics firm Nansen.  In an interview with Cointelegraph’s Zhiyuan Sun, Svanevik highlighted how a balance between privacy and transparency may be attained in the world of blockchain analytics. According to Svanevik, it’s not possible to get the entirety of both in blockchain. He explained that: “You cannot get 100% transparency and 100% privacy. I think many of us…

Polygon 2.0 — MATIC conversion to POL outlined in preliminary improvement proposals

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Polygon Labs’ vision of an interconnected layer-2 Ethereum ecosystem powered by zero-knowledge cryptography begins in earnest following three inaugural improvement proposals that will begin the transition to Polygon 2.0. The scaling technology firm unveiled Polygon 2.0 in June 2023, outlining plans for a scaling ecosystem made up of four protocol layers. The staking, interop, execution and proving layers all play a role in creating an interconnected ecosystem of chains that enable fast value transfer and information sharing. 1/ The wait is over. Polygon 2.0 implementation kicks off now with the release…

Polygon 2.0 Roll Out Begins, Is MATIC Set For A Major Surge?

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Polygon Labs announced today the roll out of their ambitious Polygon 2.0 implementation. The announcement, made via a tweet, marks the release of three pivotal Polygon Improvement Proposals (PIPs) and a detailed roadmap for phase 0. “The wait is over. Polygon 2.0 implementation kicks off now,” the tweet reads, signaling the beginning of a new era for the platform. Earlier this summer, Polygon Labs had unveiled their vision for Polygon 2.0, a roadmap that aims to scale Ethereum blockspace to create what they term as the “Value Layer of the…

DeFi as a solution in times of crisis

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The 2020s have been a challenging decade so far, yet the transformative power of blockchain technology offers a better path forward. Born from crisis Around the globe, times are tough for many everyday people. Increases in cost of living minimized any growth in wages last year as inflation continues to take its toll. Additionally, world powers such as China and Russia are increasingly challenging the dominance of the USD as geopolitical tensions flare up. In this precarious new world, decentralized cryptocurrencies can potentially be a source of stability and freedom.…

OpenAI Expands Global Presence with New Office in Dublin

OpenAI’s decision to open an office in Dublin places it among the growing list of US tech companies establishing a presence in the Irish capital.  OpenAI, one of the world’s foremost leaders in Artificial Intelligence (AI) research, has announced the opening of a new office in Dublin, marking its third office worldwide. With its headquarters in San Francisco and a London office opened just a few months prior, OpenAI’s decision to set up shop in Dublin underscores the company’s commitment to advancing AI research and development across the globe. Expansion…

Will The $0.06 Support Level Hold?

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Dogecoin (DOGE) has had its share of ups and downs. Recently, as the altcoin market experienced a significant selloff, DOGE found itself caught in the turmoil, succumbing to substantial outflows earlier in the week.  This downturn had a critical consequence, as it sent the coin’s price plummeting below a crucial support trendline that had been instrumental in propping up DOGE for over three weeks.  As the market sentiment shifted, this breakdown raised concerns about the future trajectory of Dogecoin, hinting at a possible continuation of the downtrend and further price…