Category: Blockchain

Blockchain Network Cronos Launches Accelerator Program to Support DeFI, Gamefi Startups

The Cronos Accelerator Program, which is funded by the $100 million Cronos Labs Ecosystem Fund, will provide seed investment opportunities from $100,000 to $300,000 to pre-seed-stage and seed-stage blockchain projects, as well as additional grant funding for security audits, node services and gas fees. The program will also pair startups with mentors and provide weekly workshops on topics associated with protocol building. In addition, participating startups can explore investment opportunities with Cronos’ VC partners. Source link

Solana Blockchain Tops $2 Billion All-Time NFT Sales Despite Market Slump

Solana is head-strong in complete command-and-conquer form, hitting new milestones left and right. It has just notched its highest all-time NFT sales volume, with over $2.35 billion as of this writing. This new milestone has placed Solana in third place, following Ethereum and Ronin, two of its biggest rivals. Suggested Reading | STEPN App Gets Bombarded With Another Round Of DDoS Attacks Solana Leads With $2.35 Billion ATH Coined as the “Ethereum Killer,” Solana has catapulted to be the most popular blockchain platform for NFTs as more and more NFTs…

Vietnam Blockchain Association Signs Strategic Partnership with Binance To Drive Blockchain Innovation

The Vietnam Blockchain Association and Binance crypto exchange co-announced on Monday for establishing a strategic partnership.  Through this strategic partnership, The Vietnam Blockchain Association and Binance will collaborate in the exchange of research and application of Blockchain technology and human Resource training in Vietnam. The Blockchain application is set to further build more resilient and prosperous lives for Vietnamese users through greater access to financial, business, and technology services. Two parties will also leverage each other’s network and expertise to advance the development of blockchain technology in Vietnam and build a bridge…

Blockchain-based move-to-earn app Stepn under DDoS attacks after upgrade

Solana-based move-to-earn application Stepn has reported multiple denial-of-service (DDoS) attacks in the aftermath of the platform proceeding with a major anti-cheating upgrade. Stepn took to Twitter on June 5 to report that the platform has suffered a number of DDoS attacks causing recovery maintenance and associated improper performance. 1/2We have been under multiple DDOS attacks in the past hours. Securing the servers and recovery may take anywhere from 1 to 12 hours. We recommend you take some rest during the maintenance or otherwise the work-outs may not be recorded properly.…

Remote roles in blockchain offer flexibility for women: Alien Worlds co-founder

Saro McKenna, the co-founder of nonfungible token game Alien Worlds and CEO of blockchain consulting firm Dacoco, shared perspectives and personal experiences regarding inclusivity within the blockchain industry in an interview with Cointelegraph.  Having experienced other male-dominated industries, McKenna shared how she believes that communities within the blockchain industry are “extremely diverse.” She explained that the people working in blockchain are from various backgrounds, and because of this, they offer “unique perspectives and interests.” She also noted that the space gives women who are primary caretakers of their children the…

Alchemy announces support for Solana Web3 applications the day after blockchain halted

In an announcement published by Alchemy just one day after the Solana network temporarily halted on June 1, the Web3 development platform and infrastructure provider announced its support for the controversial blockchain. Caused by a bug that made it impossible to reach network consensus, the Solana blockchain was halted for approximately four hours on Wednesday. This isn’t the first time the system has been compromised, as normal functionality has been halted five times already this year. That didn’t seem to be a problem for Alchemy, which gives developers the ability…

Binance Aims To Spread Awareness By Embarking On Cryptocurrency And Blockchain Tour

Binance is intentionally moving to African countries to ensure more awareness and adoption of cryptocurrency assets. Before now, many citizens have started investing in crypto and its related products. As a result, many people already have good holdings of crypto assets. According to Chainalysis data on crypto adoption, some of the top countries leading in Africa include South Africa, Kenya, Tanzania, and the Republic of South Africa. Africa comprises billions of people living in more than 50 countries. The larger population of these countries are youths. By utilizing the available…

Blockchain tech creates new opportunities for LGBTQ+ people

A number of social gatherings have started to take place in the Metaverse as companies across the globe begin to understand the value that virtual interactive environments can have for consumers. It shouldn’t come as a surprise then that Pride Month — a month-long celebration held in June to commemorate the 1969 Stonewall Riots — will be celebrated in various metaverse environments this year.  Pride in the Metaverse creates open access Akbar Hamid, co-founder of People of Crypto Lab (POC) — an innovation hub dedicated to increasing diversity and representation…

Binance Raises $500m Crypto Fund to Enhance Blockchain & Web3 Adoption

Binance, one of the leading crypto exchanges, has raised $500 million to invest in projects that propel crypto use cases and aid the adoption of blockchain and Web3 technologies. Through its venture capital and incubation arm dubbed BinanceLabs, the exchange sees the investment fund as a stepping stone towards more discovery and exploration in the Web3 space. Changpeng Zhao (CZ), the founder and CEO of Binance, pointed out: “The goal of the newly closed investment fund is to discover and support projects and founders with the potential to build…