Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain ‘Soneium’

The “first year is all about onboarding Web3 people, because technology-wise and the community-wise, it is a little bit early to onboard the general users,” Watanabe told CoinDesk. “And then phase two, within two years, we’re going to onboard Sony products, such as, Sony Bank, Sony Music, Sony Pictures and so on. So we would like to integrate Web3 and blockchain technology into Sony’s product. And in three years, we would like to onboard not only Sony, but also all enterprises and all general dapps on the top of it.”…

Fanton Secures $1M Seed Investment to Enhance Blockchain Fantasy Football Platform

Zach Anderson Aug 22, 2024 13:42 Fanton Fantasy Football secures $1M in seed funding from Animoca Brands and others to expand its blockchain-based platform integrated with Telegram. Fanton Fantasy Football, a blockchain-based fantasy sports platform seamlessly integrated with Telegram, has successfully closed a significant seed funding round, securing $1 million. According to GlobeNewswire, the round saw participation from notable investors such as Animoca Brands, Delphi Ventures, HashKey x TON Accelerator, and Kenetic Capital. Rapid Growth and Strategic Momentum Fanton Fantasy Football has…

Avalanche Becomes Latest Blockchain to Support Franklin Templeton’s Tokenized Money Market Fund

“For us, why we’re very excited to have Franklin Templeton’s Benji app and platform deployed on Avalanche is really twofold,” said Morgan Krupetsky, Head of Capital Markets and Institutions at Ava Labs. “On the one hand, the money market funds contract in and of itself and potentially as a payment mechanism represents a foundational and fundamental piece to a broader tokenized asset ecosystem and capabilities.” Source link

Offchain Labs Unveils Arbitrum Roadmap to Boost Blockchain Innovation

Tony Kim Aug 21, 2024 07:25 Offchain Labs has released its technical roadmap for Arbitrum, focusing on scalability, decentralization, and developer experience to drive blockchain adoption. Offchain Labs has outlined an ambitious technical roadmap aimed at enhancing the Arbitrum blockchain ecosystem. The roadmap focuses on improving scalability, decentralization, and developer experience, according to Offchain Labs. Your Chain, Your Rules The guiding principle of the roadmap is “Your Chain, Your Rules,” emphasizing user and developer empowerment. Offchain Labs aims to make onchain applications…

IOTA Completes Final Phase of European Blockchain PCP Initiative

Alvin Lang Aug 21, 2024 01:11 IOTA successfully concludes the European Blockchain PCP, developing scalable and sustainable blockchain solutions for Europe. The IOTA Foundation has successfully completed the final phase of the European Blockchain Pre-Commercial Procurement (PCP), according to IOTA Foundation Blog. This milestone marks a significant achievement in developing pre-commercial blockchain solutions for Intellectual Property Rights Management and Digital Product Passports. Background and Selection In 2021, IOTA was selected as one of seven projects from over 30 applications to participate in…

BNB Incubation Alliance Showcases Promising Blockchain Projects at Bitcoin 2024 and EthCC

Luisa Crawford Aug 20, 2024 05:19 BNB Chain’s Incubation Alliance highlighted early-stage blockchain projects at Bitcoin 2024 in Nashville and EthCC in Brussels, emphasizing support for startups. The BNB Chain Incubation Alliance (BIA) has recently made significant strides within the blockchain community, showcasing the potential of early-stage projects at two major events: EthCC in Brussels and Bitcoin 2024 in Nashville, according to the BNB Chain Blog. How BIA Works The BNB Incubation Alliance (BIA) functions as an incubator aimed at expediting the…

Ethereum (ETH) Investors Are Sold On New ICO Built on The ETH Blockchain

Ethereum (ETH) continues to be a key player, providing the foundation for a new wave of innovative projects. One such project making significant waves is Mpeppe (MPEPE), a fresh ICO built on the Ethereum (ETH) blockchain. Here’s why Ethereum (ETH) investors are eagerly embracing this new opportunity and what makes Mpeppe (MPEPE) stand out in the crowded crypto space. Ethereum (ETH)’s Proven Foundation: A Launchpad for Innovation The Strength of the Ethereum (ETH) Blockchain Ethereum (ETH) has long been celebrated for its versatile blockchain, which supports a wide range of…

Tether (USD₮) Set to Launch on Aptos Blockchain

James Ding Aug 19, 2024 09:56 Tether announces the launch of its USD₮ tokens on the Aptos Blockchain, enhancing accessibility and utility with advanced technology. Tether Operations Limited (Tether), the leading company in the digital assets industry, has revealed plans to launch its USD-pegged Tether tokens (USD₮) on the Aptos Network. According to tether.io, this move is part of Tether’s broader strategy to enhance the accessibility and utility of digital currency by leveraging Aptos’ cutting-edge blockchain technology. Aptos Network’s Capabilities Aptos is…

Cardano Founder Unveils How Blockchain Can ‘Revolutionize’ AI

At the Ai4 2024 conference held at MGM Grand, Las Vegas from August 12-14, Cardano founder Charles Hoskinson held a speech, focusing on the challenges of merging blockchain and AI. Romain Pellerin, CTO at Input Output, summarized the most significant points from Charles Hoskinson’s keynote speech via X. Cardano Founder: How To Merge AI And Blockchain Hoskinson argued that blockchain could fundamentally underpin AI by providing a decentralized marketplace for data, models, and inference, thereby serving as an essential incentive and trust layer. “AI could leverage blockchain as an incentive…