Category: Blockchain

Permissionless Capital Invites Web3 Startups to Apply for Its Competition – Blockchain News, Opinion, TV and Jobs

Tel Aviv, Israel, April 10th, 2024, Chainwire Web3 platform for startups, Permissionless Capital has invited web3 startups to apply for its Permissionless Opportunities Event. The program will provide eligible web3 startups with access to the resources they need to successfully build out their concept and bring their product to market. Permissionless Opportunities provides outstanding web3 startups with the tools, funds, and connections to navigate the blockchain industry and launch their product. Applications for the Permissionless event can be made in just 90 seconds, with no fees or pitches required. Dozens…

Solana (SOL) Validators Approve “Timely Vote Credits” Proposal to Accelerate Blockchain Transactions

Solana validators have approved a proposal called “Timely Vote Credits” to reduce consensus vote latency and incentivize timely votes, potentially speeding up blockchain transactions, before implementing the mechanism. Solana (SOL) validators have voted in favor of a proposal called “Timely Vote Credits” that aims to reduce the latency of consensus votes, potentially accelerating blockchain transactions. This proposal introduces a mechanism to incentivize validators to make timely votes, addressing an issue where some validators delay their votes to maximize earnings without penalty. Currently, Solana validators receive a fixed one-vote credit for…

dWallet Network brings multi-chain DeFi to Sui, featuring native Bitcoin and Ethereum – Blockchain News, Opinion, TV and Jobs

Dubai, UAE, April 9th, 2024, Chainwire dWallet Network, a trailblazer in decentralized, native multi-chain technology, and Mysten Labs, a Web3 infrastructure company and the original contributor to Sui, announced their strategic partnership, focusing on the introduction of multi-chain interoperability into the DeFi ecosystem on Sui, the groundbreaking Layer 1 and smart contract platform. With the integration of the dWallet primitive, applications built on Sui can sign transactions on Bitcoin and Ethereum, opening up new cross-chain experiences on Sui.  Sui is renowned for its secure, high-throughput, and low-latency blockchain capabilities, utilizing…

Solana Leads in Blockchain Payments, Faces Limitations, as Stablecoin Market Expands: Bernstein

Solana is conducting pilots with Visa and Shopify, but it’s unclear whether the blockchain can break into more mainstream consumer and business-to-business payments, which would require a massive jump in scalability, the note said. “Scalability requirements for consumer payments would require 15-20 fold growth from here (Solana ~700 TPS versus 10K+ for payment networks), and general purpose blockchains are yet to cross that chasm,” the report added. Read more: Stablecoin USDC Is Making a Comeback: Coinbase Source link

The AI-Based Smart Contract Audit Firm “Bunzz Audit” Has Officially Launched – Blockchain News, Opinion, TV and Jobs

Singapore, Singapre, April 9th, 2024, Chainwire Comprehensive security checks are now possible at only 10% of the traditional cost The price and report creation is 10 times faster and cheaper than traditional firms This firm optimized for projects that “want to audit contracts but have limited budgets” or “wish to conduct an initial audit during the development stage” Bunzz, a Singapore-based web3×AI tech startup launches “Bunzz Audit,” an AI-driven smart contract auditing service offering fast, cost-effective audits with actionable insights for security improvements, scanning contracts from over 100 perspectives using…

Bullish March Marks Record for Bitcoin – Blockchain News, Opinion, TV and Jobs

By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Bitcoin (BTC) concluded the month of March at approximately $71,300, marking a 16.6% increase from the previous month’s closing value of around $61,150. This monthly surge represents a historic milestone for BTC price action. March witnessed the seventh consecutive month of price growth for BTC, a first since its inception. The sustained price appreciation began in Q4 2023, as market participants anticipated a high probability of BTC Spot ETFs approval in January. This anticipation was followed…

Blockchain Sleuth ZachXBT Reports Alleged Harassment by IRS Criminal Investigation Unit

ZachXBT, a blockchain investigator, claims IRS-CI has harassed him for assistance in solving blockchain crimes, underscoring tensions between privacy and law enforcement. The world of blockchain investigations took an unexpected turn recently when famed pseudonymous investigator ZachXBT reported what he describes as borderline harassment by the United States Internal Revenue Service’s Criminal Investigation Unit (IRS-CI). ZachXBT, known for his meticulous work in tracking down fraudsters and scammers within the cryptocurrency space, has claimed that the IRS-CI has been overstepping personal boundaries in its attempts to solicit his expertise. ZachXBT took…

Sony Bank Leverages Polygon Blockchain For Stablecoin Pilot Program

According to local media reports in Japan, Sony Bank announced its foray into the stablecoin world, launching a trial to issue its fiat-linked digital currency. In collaboration with blockchain company SettleMint, one of the most notable aspects of the pilot program is that the trial will take place on the Polygon blockchain. Sony Bank’s Strategic Move Sony Bank’s move to explore stablecoin issuance highlights the company’s strategic focus on leveraging blockchain technology and digital assets to increase its financial services offerings.  By pegging the stablecoin to traditional fiat currencies such…

Xterio to Launch Gaming-Oriented Blockchain in Collaboration with AltLayer, aiming for Wider Web3 Gaming Adoption

Singapore, Singapore, April 4th, 2024, Chainwire Xterio, a leading Web3 gaming publisher and platform, and AltLayer, an open and decentralized protocol for launching native and ZK rollup stacks, have announced the launch of a game-focused restaked rollup designed specifically for Web3 games. Xterio is a Web3 gaming ecosystem & infrastructure, distinguishing itself as a gaming publisher with top-notch development skills, unparalleled distribution expertise, and over $80M raised in ecosystem funding. With five AAA games and over 45 gaming partners, Xterio has amassed a gaming community of over two million users…

VGX Foundation, Gala Games, and Genopets Partner to Bring VGX Token Rewards to Genopets Players – Blockchain News, Opinion, TV and Jobs

George Town, Cayman Islands, April 3rd, 2024, Chainwire The VGX Foundation, a Cayman Islands Foundation, has partnered with Genopets to integrate the VGX token as a reward in their popular move-to-earn NFT mobile game on Solana. The partnership introduces VGX as a reward token in the Genopets game, creating utility and rewards for using VGX within the Genopets ecosystem.  VGX is a token that bridges multiple chains and is focused on bridging utility across GameFi and gaming ecosystems.  Genopets launched in 2021 and is one of the largest games on…