Tag: Blockchain

Solana Shatters Blockchain Record With Most Active Users

Solana (SOL) has recently achieved a significant milestone by recording the highest number of daily active addresses in its history. This has come at a time when the cryptocurrency has equally been recording high volatility, resulting in speculations on what may drive it and perhaps influence the market with it. Solana Makes New Record On September 10, 2024, Solana surpassed 5 million daily active addresses, up from 1.05 million earlier in the year. This shows that the Solana ecosystem is increasing, especially DeFi and NFTs, which are gaining steam. Source:…

Ripple Renews NYU Abu Dhabi Partnership for Blockchain Research

Ripple has renewed its partnership with NYU Abu Dhabi to support blockchain research and innovation. This partnership aims to foster talent development, advance digital asset adoption, and integrate blockchain technology into startups and established institutions in the UAE. Ripple has funded numerous scholarships and research projects through its UBRI program, demonstrating its commitment to driving […] Source CryptoX Portal

PayPal, Venmo to Accept ENS’s Human-Readable Blockchain Names

“We are excited to bring ENS’ naming capabilities directly into the hands of millions of users, through Venmo, PayPal Mobile, and PayPal Web,” said Khori Whittaker, executive director of ENS Labs, in the press release. “As the world of digital assets becomes more mainstream, our goal is to ensure managing those assets is as intuitive and user-friendly as possible.” Source link

Blockchain Tech Breakthroughs and Their Impact on Various Industries

Iris Coleman Sep 10, 2024 01:49 Explore how blockchain innovations like AMMs, DAOs, and zero-knowledge proofs are transforming industries beyond crypto, as discussed in a16z crypto’s latest podcast. Recent advancements in blockchain technology are making significant strides, not just within the realm of cryptocurrency but also across various other industries. These developments were highlighted in the 50th episode of the ‘web3 with a16z’ podcast by a16z crypto, a venture capital fund known for its investments in crypto and web3 startups since 2013.…

GenZ’s Toolkit for a New Bangladesh: Blockchain

Our electoral process is a nightmare, where elections are called before voters even make it to the polls, with the 2014 and 2018 elections standing as grim reminders. But then we had Sierra Leone, quietly trialing a voting system using Kiva Protocol in 2018, and Thailand, where over 120,000 voters in the Democrat Party’s 2018 primary elections used the Zcoin blockchain . Every vote, recorded on an immutable ledger. No more tricks; no more deceit. If Bangladesh embraces such a system, it’s wonderful to fathom the trust we could restore…

Ripple CEO: Japan’s Leaders Committed to Advancing Crypto and Blockchain Technology

Ripple CEO Brad Garlinghouse discussed Japan’s potential in blockchain technology with Japanese lawmaker Taira Masaaki during XRP Community Day. Garlinghouse praised Japan’s commitment to advancing crypto, highlighting the country’s “clear frameworks and constructive policy” that encourage innovation while ensuring consumer protection. Taira, a Web3 and AI advocate in Japan’s House of Representatives, noted that the […] Source CryptoX Portal

Bitcoin Bull Run To Peak In 2025? Blockchain Firm Predicts Cycle Timeline

The price of Bitcoin started the year on a strong momentum, which was further buoyed by the launch of spot ETFs (exchange-traded funds) in January. The premier cryptocurrency capitalized on its introduction to a new batch of investors, forging a new all-time high of $73,737 in mid-March. However, Bitcoin has since slowed down in the past few months, with several investors and crypto enthusiasts wondering if the bull cycle is over. The latest commentary has come from a blockchain firm that has put forward something of a timeline for the…

Celestia Aims to Revolutionize Blockchain with 1 GB Blocks

James Ding Sep 06, 2024 15:22 Celestia announces its roadmap to scale blockchain data throughput to 1 GB blocks, aiming to drastically improve the performance and scalability of decentralized applications. After several years of development, Celestia’s Mainnet Beta went live last year. Since then, an early ecosystem has taken form, with developers deploying the first 20 rollups and Celestia blobs representing 40% of total data published, according to the Celestia Blog. Scaling to 1 Gigabyte Blocks The core objective of Celestia’s roadmap…

IOTA Strengthens European Blockchain Leadership Through Key Partnerships and Compliance

Terrill Dicki Sep 06, 2024 14:07 IOTA Foundation drives blockchain innovation in Europe with strategic partnerships and adherence to EU regulations, positioning itself as a leader in Web3 and sustainable DLT applications. The IOTA Foundation is making significant strides in the European blockchain landscape through strategic partnerships and rigorous compliance with EU regulations, according to the IOTA Foundation Blog. By focusing on innovative Web3 identity solutions, sustainable distributed ledger technology (DLT) applications, and active participation in regulatory dialogues, IOTA aims to establish…