On Wednesday, Ethereum founder Vitalik Buterin cheered Celo’s progress on X, galvanizing investor interest in the CELO token. As of writing, the cryptocurrency traded at 63 cents, representing a nearly 20% gain on a 24-hour basis, according to CoinDesk data. Source link
Jessie A Ellis Sep 26, 2024 06:49 Immutable (IMX) and MARBLEX announce a strategic partnership, aiming to revolutionize Web3 gaming, as discussed at Korea Blockchain Week. Immutable (IMX) and MARBLEX have announced a strategic partnership aimed at revolutionizing the Web3 gaming landscape, according to Immutable.com. This collaboration was highlighted during Korea Blockchain Week (KBW), where Immutable’s co-founder and president, Robbie Ferguson, elaborated on the significance of this alliance for gamers and the broader industry. The Current State and Future of Web3 Gaming…
Despite recent network hurdles, The TON (Telegram Open Network) blockchain has picked up its pace once again witnessing a significant surge in on-chain activity, triggering a rapid growth in the ecosystem. With the introduction of new projects on the platform, the network has experienced a substantial uptick in users’ engagement and transactions. On-Chain Metrics On TON Blockchain Skyrockets Marketing strategist and investor, Xeusthegreat shared the positive development on X, sparkling optimism within the community. The surge in on-chain activities indicates a rising interest in the blockchain due to its resiliency…
Huddle01, which previously had raised about $6 million in traditional fundraisings from investors including Hivemind, Balaji Srinivasan, Stani Kulechov, Dan Romero and Juan Benet, describes itself in the litepaper as “a fully decentralized, self-sovereign, borderless and open network that will provide the necessary framework for performant, cost-effective and censorship-resistant real-time connectivity.” Source
Terrill Dicki Sep 24, 2024 13:22 Celestia Foundation raises $100 million led by Bain Capital Crypto, aiming to scale modular blockchain technology. The funding will boost its rollup ecosystem and data throughput. The Celestia Foundation has successfully raised $100 million in a funding round led by Bain Capital Crypto, with additional participation from Syncracy Capital, 1kx, Robot Ventures, Placeholder, and others. This latest round of investment brings the total funding for the project to $155 million, according to the Celestia Blog. Advancing…
Luisa Crawford Sep 24, 2024 06:37 A deep dive into blockchain data models: UTxO, account-based, and Sui’s object-oriented approach, highlighting their impact on scalability, security, and user experience. More than cryptography and consensus algorithms, blockchain technology relies on a data model that dictates how information is structured, validated, and stored. The data model defines the way accounts are managed, how state transitions occur, and ultimately how users and developers interact with the system, according to The Sui Blog. Throughout the brief history…
Siemens issued €100,000 worth of crypto securities under the German Electronic Securities Act (eWpG) on September 13, then redeemed it three days later. The payments were conducted on the Onyx network using the JPM Coin System, while asset transfers were settled on the SWIAT network’s delivery-versus-payment (DvP) mechanism. Source link
“When Celestia launched last year as the first modular data availability layer, it scaled blockspace from the dial-up era to the broadband era,” said Mustafa Al-Bassam, co-founder of Celestia, in a blog post shared with CoinDesk. “Now, the core developers have introduced the technical roadmap to scale blockspace to the fiber optic era – while keeping it verifiable and low latency.” Source link
Tau Net, a novel layer 1 AI blockchain, is designing a mainnet to be entirely developed and controlled by all of its users. Leveraging advanced and fully accurate AI reasoning, Tau Net simplifies the software development process by enabling ALL users to focus solely on “what” the blockchain, platform, tokenomics and governance functionality should be […] Source CryptoX Portal
New data from prominent blockchain security firm Cyvers reveals that a Singapore-based crypto exchange lost $52 million after being hacked. In a new post, Cyvers says that BingX’s hot wallet suffered a multimillion-dollar exploit affecting multiple blockchains, including Ethereum (ETH), Avalanche (AVAX), BNB, Optimism (OP), and Polygon (POL), Base, and Arbitrum (ARB). “Our system has flagged multiple suspicious transactions linked to BingX across several blockchains. Estimated losses have now exceeded $52 million, with most of the stolen assets currently being swapped.” According to cybersecurity firm Peckshield, the hacker made away…