The feature is at the core of the blockchain’s ecosystem, and can be used for all sorts of decentralized applications (for example social media, NFTs, payments), integrating the activity of creators under one smart contract based-account that is supposed to be more than just a wallet address. Source link
The aim of the tie-up is to allow for greater interoperability across chains. Source
HSBC, which is one of the largest banks in the world, revealed that for now, its custody plans involve “tokenized securities issued on third-party platforms.” HSBC Holdings (LSE: HSBA), in partnership with Ripple Labs subsidiary Metaco, has announced plans to launch a digital assets custody service for institutional clients. The service will offer custody for assets such as tokenized securities and is expected to launch next year. It will complement HSBC’s Orion digital assets issuance platform and its recently launched gold tokenization platform to form a complete digital asset offering…
“The consolidation of AI among a small group of powerful companies poses a significant threat to the future of technology,” Ritual co-founder Niraj Pant said. “We founded Ritual to end the ecosystem’s reliance on the few, to open access to this critical infrastructure, and ensure a future of building better AI. Ritual is the decentralized network that the ecosystem needs.” Source
To boost network performance, The Graph will invest in improved Indexer tooling and operational capabilities. These upgrades aim to increase scalability, reduce costs, and enhance network reliability. In a recent development, The Graph (GRT), a pioneering project in the Web3 ecosystem, announced an ambitious new roadmap, sending ripples through the crypto and blockchain communities. This roadmap introduces a game-changing vision for The Graph’s future, outlining key initiatives that will shape the project over the next few years. This audacious vision, however, has not been met with unbridled enthusiasm from investors,…
Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said. Source
Market analysts believe the new updates released by OpenAI significantly contributed to the rise of Microsoft (MSFT) shares. Microsoft Corporation (NASDAQ: MSFT), a global technology powerhouse, witnessed a remarkable surge in its share price, achieving unprecedented heights for the first time since 2021. On November 7, the company’s shares ended the trading session at a record high of $360.53, representing an impressive daily increase of 1.12%. The surge propelled the company’s market value to approximately $2.68 trillion. Positive Market Sentiment The robust performance aligns with broader market sentiment on Tuesday,…
Binance has released a self-custody Web3 wallet that can be used to interact with the DeFi ecosystem. Users are required to use the Binance app to create a wallet, with the app serving as the venue for activities such as staking, lending and borrowing. The wallet will also use multiparty computation (MPC), which involves a private key being broken into three parts of which the wallet owner controls two, as a means of removing the need to memorize seed phrases. The new wallet appears to compete with TrustWallet, which the…
Amid the bullish trend circling the cryptocurrency market due to the recently concluded Uptober rally, Polygon’s native crypto MATIC has recently gained traction recording a 50% increase in price surge in the last 20 days. MATIC Experiences Price Growth The recently concluded Uptober (October) which is believed to be a month of green (gains) saw some cryptocurrencies performing significantly great. Many altcoins experienced price surges during the past month, and one of the notable altcoins that benefited from this is MATIC. The crypto asset recently went past the crucial $0.75…
Blockchain-based game Illuvium is set to tap into an audience of millions of PC and mobile gamers with its upcoming listing on the Epic Games Store, which is home to massively popular titles like Fortnite. Illuvium, an interoperable blockchain game developed by Illuvium Labs, will feature on Epic’s store from Nov. 28, following several months of background work to get the title to meet Epic’s standards. Speaking exclusively to Cointelegraph ahead of the Epic launch, Illuvium co-founder Kieran Warwick outlines the evolution of the game in order to cater to…