The lure of meme-coin fortunes – such as BALD, which jumped 4,000,000% before collapsing – in a starved market likely helped Base attract some $68 million in ether (ETH) in less than 48 hours. At the time, Base ended up recording over $200 million in trading volumes and more transactions than popular networks such as Arbitrum over the weekend. Source link
Category: Blockchain
Blockchain Encyclopedia IQ.wiki Deploys ChatGPT-Based Search Function
“Reading through a 1,000 word encyclopedia entry to answer a question is difficult and time consuming for users, and the GPT-4 search engine solves that as users can simply ask a question,” said Navin Vethanayagam, Chief Brain of IQ.wiki. “At the same time, by making information search easier, the search engine, called IQ GPT, helps fight misinformation and makes onboarding easier for new traders,” he added. Source link
What is Helium Mining? | Blockchain News
Helium mining is the process of providing wireless coverage for the Helium Network, a decentralized network designed to support Internet of Things (IoT) devices. Participants, known as helium miners, deploy helium mining hotspots to contribute to the network’s coverage and are rewarded with tokens. Helium is “a global, distributed network of Hotspots that create public, long-range wireless coverage for LoRaWAN-enabled IoT devices and cellular devices”. The Helium Network and Helium Mining Hotspots Launch Date: 2019 Mission: To create a decentralized, open-source, accessible, and secure wireless network. Coverage: Helium miners have deployed…
Aptos token rises 11.6% after Microsoft deal to marry AI with blockchain
Aptos (APT), the cryptocurrency powering layer-1 blockchain Aptos Network, is up approximately 11.6% since announcing it will leverage Microsoft’s suite of artificial intelligence tools to advance Web3 adoption among banks and financial enterprises. This will be achieved by enabling the Aptos Network to tap into Microsoft’s Azure OpenAI service to explore innovations in asset tokenization, on-chain payments and central bank digital currencies, Aptos explained in an Aug. 9 statement. Today, we’re making Aptos history.@AptosLabs is partnering with @Microsoft to unlock Web3 on the @Aptos_Network. As an @msPartner, our joint suite…
Coinbase Launches ‘Base’ Blockchain, in Milestone for Public Company
“Historically the aperture of what people can do with crypto has been relatively limited, mostly speculation,” Pollak said. “In order for Coinbase and crypto and this work that we’re doing to have the impact that we all want, we need to move from the place where this is speculation to a place where this is integrated into every part of someone’s day-to-day existence.” Source link
Decentralized Exchange PancakeSwap Launches on Arbitrum Layer-2 Blockchain in Expansion Drive
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DFINITY Foundation (ICP) Joins Blockchain Security Alliance
The DFINITY Foundation, the ICP token issuer, a leading contributor to the Internet Computer blockchain, has announced its membership in the Blockchain Security Alliance, a collaborative initiative aimed at enhancing the security of the global blockchain ecosystem. The announcement was made on August 9, 2023. The Blockchain Security Alliance, launched by Beosin and SUSS NiFT, consists of various entities from diverse industry backgrounds, including university institutions, blockchain security companies, industry associations, and fintech service providers. The alliance’s first batch of board members includes Beosin, SUSS NiFT, NUS AIDF, BAS, FOMO…
How to become a ‘Blockchain Radical,’ according to podcaster Joshua Dávila
Crypto has been the subject of much criticism from those on the political Left, many of whom see cryptocurrencies like Bitcoin (BTC) as being associated with libertarian or right-wing ideas. One common perception is that cryptocurrencies and other blockchain-based technologies, such as nonfungible tokens (NFTs), exist for the primary purpose of concentrating wealth, scamming investors and otherwise replicating existing financial and power structures — just in a more unregulated manner. On Episode 16 of The Agenda podcast, hosts Ray Salmond and Jonathan DeYoung chat with author and podcaster Joshua Dávila,…
Blockchain.com Obtains Digital Payment Token License in Singapore
The Monetary Authority of Singapore (MAS) has granted a Major Payment Institution License (MPI) to the popular cryptocurrency exchange Blockchain.com. With this license, the platform will be able to provide digital payment token services to institutional and accredited investors. On August 7, 2023, it was disclosed that the application had been approved, and on August 1, 2023, the license was issued. The license comes after Blockchain.com received in-principle approval from MAS in September of the previous year. As of now, there are 3,427 companies that have been granted licenses, with distribution…
Blockchain Security Firm Forta Upgrades Its Scam Detector to Battle Growing Crypto Fraud
The service, which will be online on Tuesday, runs across the seven Ethereum Virtual Machine chains supported by Forta, including Ethereum, Polygon and BNB Chain. A previous version focused on on-chain data only, such as smart contracts involved in scam activity. The latest version also incorporates malicious URLs. Source link