Category: Blockchain

Chemists Turn To Blockchain To Unravel The Origins of Life

A team of chemists, led by Bartosz A. Grzybowski from the Korea Institute for Basic Science and the Polish Academy of Sciences, has embarked on an unprecedented initiative, utilizing blockchain technology to simulate over 4 billion chemical reactions crucial for unraveling the mysteries of early Earth’s origins. This groundbreaking approach repurposes cryptocurrency mining processes to tackle intricate scientific inquiries, showcasing the versatility of blockchain beyond its financial applications. The researchers set out to explore the potential emergence of primitive forms of metabolism without relying on enzymes. To accomplish this, they…

Dogecoin Blockchain Immortalizes 1993 Video Game ‘Doom’

In a nostalgic nod to the past, Dogecoin has become the integral host for the iconic first-person shooter DOOM, which once haunted the sleepless nights of gamers with its chunky pixel and bloodthirsty demon glory back in 1993, embarking on a futuristic journey within the Dogecoin blockchain. This unexpected union has been made possible through the utilization of a novel feature known as “Doginals,” an innovation that has forever etched the entire first level of DOOM into the decentralized and constantly evolving Dogecoin network. DOOM Finds Happy Home In Dogecoin…

New Non-Custodial Telegram Trading Bot Bitbot Raises $300k In First 72 Hours Of Presale – Blockchain News, Opinion, TV and Jobs

Within 72 hours of its presale launch on the 17th of January, Bitbot raised an incredible $300,000. Bitbot aims to lead the market for Telegram trading bots, a rapidly growing segment of the trading app market that has seen a considerable $7 billion in lifetime trading volume. Telegram trading bots let traders manage a cryptocurrency trading portfolio within Telegram’s app. In practice, this means those investors with heavy telegram usage, which of the 800 million active Telegram users is substantial, no longer need to operate across two applications to manage…

Mysten Labs Partners with Alibaba Cloud to Bolster Sui Blockchain Ecosystem

Mysten Labs, a key developer behind the Sui blockchain, has announced an expanded partnership with Alibaba Cloud. This collaboration aims to bolster the Sui blockchain ecosystem through a series of innovative services, notably leveraging artificial intelligence (AI) technology. Key aspects of this partnership include the development of an AI-enabled environment tailored for Sui’s Move language developers. Mysten Labs and ChainIDE are jointly creating an AI-assisted tool that simplifies Move code development. This tool, powered by natural language processing, will enable developers to generate Move code from simple prompts. Leveraging Alibaba…

BTC Volatility Shrinks Amid Continued Investment Inflow into BTC Spot ETFs – 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) wrapped up the week at around $41,600, marking a slight 0.4% from the prior week’s closing value of approximately $41,750. The price displayed reduced volatility compared to the previous weeks, finding increased stability following the SEC’s approval of the ETFs, putting an end to speculation on the matter. The introduction of the new BTC Spot ETFs attracted funds from traditional finance to the digital assets market. The 11 Spot ETFs collectively attracted around $1.15 billion…

Ondo Points Program Launches | Blockchain News

The Ondo Foundation, a major player in the decentralized finance (DeFi) sphere, recently unveiled its innovative Ondo Points program alongside plans for unlocking ONDO tokens. These significant initiatives reflect Ondo’s commitment to democratizing finance and enhancing transparency in the global financial landscape. Ondo Points Program – A Community Engagement Booster Initiated on January 8, 2024, the Ondo Points program is tailored to amplify community engagement and heighten awareness of the Ondo Ecosystem’s offerings. This program, comprising three distinct campaigns, is a strategic move to incentivize active participation while nurturing a…

Volatility Increases Following SEC’s Spot Bitcoin ETF Approval – Blockchain News, Opinion, TV and Jobs

Bitcoin (BTC) concluded the previous week at approximately $41,750, marking a 5.0% decrease from the first week of the new year with a closing value of around $43,750. The price exhibited significant volatility, primarily influenced by the approval of BTC Spot ETFs, which heightened market dynamics. The week commenced with a robust uptrend on Monday in anticipation of the approval, witnessing a 9.0% price increase and nearly reaching $47,000. Tuesday saw BTC nearing $48,000 before encountering pronounced volatility due to false news regarding the approval, causing a dip below $45,000…

Are Blockchain Games Dying? Over 30% Of Players Quit

The allure of play-to-earn and in-game ownership fueled a recent boom in blockchain games, but a new report casts a chilling light on the sector’s sustainability. Out of 1,318 blockchain-based games launched since 2021, a staggering 407, over 30%, have already been discontinued or abandoned. This stark statistic, compiled by BlockchainGamer.biz, paints a picture of an industry grappling with fundamental challenges. Smaller, underfunded projects appear particularly vulnerable, often vanishing silently without any official announcement. Are Blockchain Games Going Extinct? The Main Culprit Funding constraints and evolving market conditions are cited…

Fox Corporation and Polygon Unveil “Verify for Blockchain-Based Content Authentication

Fox Corporation has partnered with Polygon to launch ‘Verify’, a groundbreaking tool designed to authenticate digital content. This innovative protocol, based on the Polygon proof-of-stake (PoS) blockchain, marks a pivotal moment in the battle against AI-generated media and deepfakes, ensuring the integrity and provenance of digital media content. The Challenge of AI-Generated Media The rapid advancement of AI technologies has led to the proliferation of AI-generated content, ranging from articles and audio to images. This has posed a significant challenge in distinguishing authentic content from fabrications. With AI-generated deepfakes becoming…