As a first step, the validating node software operated by the system’s stake pool operators, or SPOs, needs to be upgraded to the latest version. Then, the blockchain will evolve into a backward-incompatible version, a process known as a hard fork, and in doing so, enter a new era known as Voltaire. Cardano is currently in its Basho era. Source
The Sui Foundation has announced the recipients of its fourth cohort of Sui Academic Research Awards, providing funding to 20 research teams from prestigious universities such as UC Berkeley, Yale, NYU, EPFL, and the National University of Singapore. This initiative aims to advance blockchain technology, smart contract programming, and products built on the Sui platform, according to The Sui Blog. Zero-Knowledge Proofs and AI-Based Tools Among the funded projects is Fan Zhang’s research at Yale University, which focuses on enhancing zero-knowledge proof (zk-proof) generation through…
“Tokenizing our money market fund shares to use as collateral is an important and natural first step in scaling our adoption of this technology,” Stephen Whyman, Fidelity International’s head of debt capital markets, said in an email interview. “The benefits to our clients and the wider financial system are clear; in particular, the improved efficiency in delivering margin requirements and reduction in transaction costs and operational risk.” Source
The decentralized social network Friend.tech has unveiled plans to move from Coinbase’s Layer 2 blockchain Base to its proprietary network, Friendchain. This development will come as part of the platform’s collaboration with Conduit, a crypto infrastructure service provider. When Will The New Friend.tech Blockchain Launch? In a June 8th post on X, web3 social platform Friend.tech revealed its plans to create a new blockchain dubbed “Friendchain,” winding down its partnership with the Coinbase-incubated Base network. According to the announcement, Friendchain is a proprietary blockchain that will utilize the recently launched…
FOR FINAL EDIT Coinbase, the major cryptocurrency exchange, has ignited a firestorm in the world of blockchain analytics. In a move that could reshape how we measure network health, they’ve proposed a brand new metric: the H-Index. Distorting Blockchain Adoption Metrics Traditionally, metrics like daily transactions were the holy grail for gauging blockchain adoption. However, these were easily manipulated by malicious actors creating fake accounts (Sybil attacks) or projects showering users with free tokens (airdrops) to inflate activity. The result? A distorted picture that masked true user engagement. Sybil attacks…
VeChain has announced that its native tokens, VET and VTHO, are now listed on the Revolut platform, marking a significant step towards mainstream blockchain adoption. According to VeChain Official, this development makes it easier for the public to access and trade these tokens via Revolut’s user-friendly digital banking app. Revolut: A Fintech Powerhouse Revolut, founded in 2015, has quickly become a leading name in the fintech industry. The platform boasts millions of users worldwide and offers a wide array of services including traditional banking, money…
This week marked a significant advancement in Argentina’s embrace of blockchain technology as the Cardano Foundation partnered with Entre Ríos, a central province. Argentina’s Crypto Potential This strategic alliance marks a turning point for both parties, with Cardano aiming to tango its way into the vibrant Argentine crypto scene and Entre Ríos seeking a skilled partner to lead the way in blockchain adoption. The official signing ceremony between Governor Rogelio Frigerio and Cardano’s Rafael Fraga caused a stir in the South American nation. Although the details of the partnership are…
The Cardano Foundation has announced an interesting new public partnership in Argentina. The collaboration, which follows a public signing between Rogelio Frigerio, the Governor of Entre Ríos, and Rafael Fraga, the LATAM Lead for Business Development at the Cardano Foundation, is with the state of Entre Ríos, a central province of Argentina. The partnership aims […] Source CryptoX Portal
OKX Ventures, the investment arm of the renowned crypto exchange and Web3 technology company OKX, has announced a strategic investment in GoPlus, a platform dedicated to enhancing blockchain security. This move underscores OKX Ventures’ commitment to fostering technologies that advance the crypto and blockchain industries, according to OKX Ventures. GoPlus: A Leader in Blockchain Security GoPlus stands out in the blockchain security landscape by offering a range of automated security services designed to protect users from various threats in the DeFi space. Its comprehensive suite…
Mantle Network has been integrated into Dune’s platform, according to Dune. This integration promises to deliver extensive data insights and enhanced analytical capabilities for users exploring the Mantle ecosystem. Why Mantle? Mantle Network is celebrated for its robust and scalable blockchain architecture, designed to support a thriving DeFi (Decentralized Finance) ecosystem. This integration was driven by a high demand for better data accessibility and deeper analytical insights within the community. Mark, Head of Business Development at Mantle, stated, “Our collaboration with Dune is a testament…