Category: Blockchain

Tether (USDT) and Xion Global Partner to Boost Blockchain Education in South Africa

James Ding Aug 05, 2024 12:18 Tether and Xion Global have announced a strategic partnership to enhance blockchain education in South Africa, aiming to improve digital transaction capabilities. Tether Operations Limited, the largest entity in the digital asset industry, and Xion Global, a Multi-Chain Web3 Crypto Payments Infrastructure provider, have unveiled a strategic partnership to promote blockchain education across South Africa. This initiative is designed to deliver comprehensive educational content and engaging activities on blockchain technology and its applications, according to Tether.io.…

Essential Guide for Studios: Choosing the Right Blockchain for Web3 Games

Zach Anderson Aug 04, 2024 06:19 Discover how to choose the right blockchain for Web3 game development. Learn about gaming-focused platforms, security, scalability, and ecosystem support. The burgeoning field of Web3 gaming is attracting a growing number of game studios, with over 380 games already signed to Immutable (IMX), according to immutable.com. As the industry evolves, selecting the right blockchain platform is crucial for success. Gaming Focus: Prioritize Platforms Dedicated to Gaming The Web3 gaming market is projected to reach $65.7 billion…

UK’s New Tech Policy Could Catalyze Economic Growth Through Blockchain

Caroline Bishop Aug 02, 2024 14:51 The UK stands at a critical juncture to boost economic growth by fostering new tech policies, particularly in blockchain, according to a16z crypto. The UK stands at a pivotal moment, as highlighted in the recent King’s Speech to Parliament, which called for the country to ‘pursue sustainable growth by encouraging investment in industry, skills, and new technologies,’ according to a16z crypto. Potential of Blockchain Technology The new Labour government has a significant opportunity to achieve this…

Arkham CEO Miguel Morel to Speak at Istanbul Blockchain Week

Iris Coleman Aug 02, 2024 14:02 Arkham CEO Miguel Morel is set to speak at Istanbul Blockchain Week, featuring in a keynote, panel, and workshop. Arkham Intelligence’s Founder and CEO, Miguel Morel, is scheduled to speak at Istanbul Blockchain Week (IBW) 2024, according to Arkham Intelligence. Morel will be participating in a keynote address, a panel discussion, and a workshop. Keynote and Panel Discussions Morel’s keynote is expected to cover the latest trends and innovations in blockchain technology, offering insights from his…

Terra Blockchain (LUNC) Hit By $5 Million Hack And Outage: Details

The Terra blockchain has suffered a significant breach involving a complex exploit that resulted in the theft of approximately $5 million in assorted cryptocurrencies. The specific assets stolen included approximately 60 million ASTRO tokens, 3.5 million USDC, 500,000 USDT, and 2.7 BTC. The smart contract audit firm Beosin revealed the nature of the breach in a post on X, stating, “Terra blockchain was exploited for ~60M $ASTRO, 3.5M $USDC, 500k $USDT, and 2.7 $BTC. Terra Blockchain Hack And Outage: What Happened? Security researcher Rarma (@Rarma_) confirmed via X, “So yes,…

GalaChain Launches TestNet Environment for Blockchain Developers

Peter Zhang Jul 31, 2024 05:39 GalaChain’s TestNet is now live, offering developers a secure environment to deploy and test their chaincode, fostering innovation in blockchain technology. GalaChain has officially launched its TestNet, providing developers with a secure environment to deploy and test their chaincode, according to Gala News. This significant milestone marks a step towards making GalaChain an open-source blockchain, enabling external developers to refine their projects without real-world consequences. Understanding TestNet A TestNet serves as a sandbox environment where developers…

Transitioning from Miners to Stakers: Securing the Ethereum (ETH) Blockchain

Alvin Lang Jul 30, 2024 01:49 Exploring the transition from mining to staking and its impact on securing the Ethereum (ETH) blockchain, according to Grayscale. The Ethereum (ETH) blockchain has undergone a significant transformation with its shift from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. This transition, known as ‘The Merge,’ has replaced traditional miners with stakers, fundamentally altering the way the network is secured, according to a report by Grayscale. The Merge and Its Implications Ethereum’s transition to PoS,…

Annual Blockchain, AI Training Program To Empower 1,000 Nigerian Youths

Nigeria is making news in the IT business with a new project that aims to teach 1,000 young people a year about artificial intelligence (AI) and blockchain technologies. This forward-looking project is part of Nigeria’s broader National Digital Economic Policy and Strategy 2020-2030. The program aligns with the government’s objectives to be competitive in the global stage through the utilization of new technology. AI And Blockchain Initiative Launch Vice President Kashim Shettima spearheaded the inauguration of the AI Expertise Blockchain and Technology Training and Outsourcing Initiative during a recent ceremony…

Fireblocks Introduces Self-Service Tools to Empower Blockchain Startups

Caroline Bishop Jul 24, 2024 19:39 Fireblocks launches a suite of self-service tools to help blockchain startups innovate quickly and securely. Q1 2024 marked a significant milestone for Web3 venture funding, with a 55% surge in total investments from VC funding for Web3 startups. Web3-related startups raised nearly $1.9 billion, according to Fireblocks. Fireblocks for Startups As Web3 startup funding surges, Fireblocks is already powering the next wave of innovation with its easy-to-implement technology and battle-tested security. Following a successful pilot, Fireblocks…