“By leveraging AI and Chainlink oracles to interpret, standardize, and deliver high-value unstructured data, we can dramatically reduce the manual processes required, enabling significant potential operational efficiency and cost reduction,” said Mark Garabedian, Wellington Management’s director of digital assets and tokenization strategy. Source
This year’s Global Data Ecosystem Conference, held in Pudong New Area, Shanghai, has ended positively. The two-day tech conference was extra special because it focused on popular blockchain technology, related applications, and other emerging innovations. Over 30 events were held during the conference, covering various topics, including blockchain technology, international data cooperation, data and its value to industries, and an initiative to connect data service providers. Shanghai was the perfect host for the global conference, which organizers expect can lead to exploring new data and blockchain technologies. Global Data Ecosystem…
This year has been filled with numerous narratives for the cryptocurrency market, especially for the Bitcoin price. Ranging from the spot Bitcoin exchange-traded funds (ETFs), the fourth halving event, to the United States presidential elections, the cryptocurrency industry and the Bitcoin market have been subject to various factors throughout 2024. With the US elections barely a month away, there has been a lot of commentary on the outcome of the polls and how it could impact the market dynamics of the world’s largest cryptocurrency. Blockchain analytics firm IntoTheBlock is amongst…
When it came to the technology trilemma, at least in the case of Ethereum, the network was long seen as having strong decentralization and robust security, but seriously constrained when it came to capacity. Today, while the trade-offs between these different priorities have never gone away, blockchains themselves have advanced so enormously that in all three areas, most users consider them to be “good enough.” Source link
The World Foundation has introduced World Chain, a new blockchain network that claims to focus on verified human users instead of bots. With 15 million verified participants already, the project aims to tackle blockchain issues like congestion and costly transaction fees. How World Chain Plans to Change Blockchain In a statement shared with Cryptox.trade News, […] Source CryptoX Portal
Radiant, which is controlled by a decentralized autonomous community, or DAO, states on its website that its mission is to “unify the billions in fragmented liquidity across Web3 money markets under one safe, user-friendly, capital-efficient omnichain.” Source
Darius Baruo Oct 16, 2024 09:25 Arbitrum Orbit is revolutionizing blockchain technology with customizable chains, enhanced decentralization, and interoperability, fostering innovation across the Ethereum ecosystem. Arbitrum Orbit, a significant advancement in blockchain technology by Offchain Labs, is making waves with its focus on enabling developers to create customized chains tailored to their specific needs. This innovation aims to enhance blockchain accessibility, security, and decentralization, according to Offchain Labs. Unlocking Blockchain Potential Arbitrum Orbit stands out by offering a technology stack that simplifies…
Este artículo también está disponible en español. Donald Trump new cryptocurrency initiative, World Liberty Financial (WLF), has encountered significant challenges since its launch. According to a report by CNBC, the project aims to establish a crypto bank and was expected to attract considerable investor interest. However, the token sale, which began on Tuesday, was marred by website outages and technical issues, severely limiting participation. Trump Crypto Venture Faces Setbacks Zachary Folkman, co-founder of WLF, had previously indicated that over 100,000 individuals were on the whitelist for the investment opportunity. Despite…
Mint Blockchain, an Ethereum layer two (L2) network focused on non-fungible token (NFT) advancements, has been awarded 750,000 OP tokens ($1.35 million) in the 28th cycle of Optimism Governance grants. This funding aims to accelerate innovation within the NFT space and onboard new users to the platform. Optimism Awards Mint Blockchain $1.35 Million to Support […] Source CryptoX Portal
Lawrence Jengar Oct 13, 2024 10:59 AggLayer, a new protocol, aims to unify blockchain networks, enhancing interoperability, liquidity, and user experience across DeFi, gaming, RWAs, and AI sectors. The AggLayer, a groundbreaking protocol, is set to transform the blockchain landscape by enhancing interoperability across various networks, according to polygon.technology. Drawing parallels with the transformative impact of the internet, AggLayer aims to integrate diverse blockchain ecosystems into a unified framework. Unified Blockchain Ecosystem The AggLayer functions as a protocol for unified interoperability, similar…