Financial Metrics React To Sonic Blockchain Anticipation

The Fantom blockchain saw mixed performance in the second quarter (Q2) of the year, with key financial metrics cooling amid the broader cryptocurrency market downturn and the Fantom Foundation’s announcement to rebrand as Sonic Labs, according to a new report from data intelligence firm Messari. FTM Market Cap, Revenue, And Token Economics  After outperforming in Q1, Fantom’s circulating market cap decreased 41% quarter-over-quarter (QoQ) from $2.8 billion to $1.7 billion. However, the token’s market cap is still 94% higher year-over-year (YoY) compared to Q2 2023. Fantom’s market cap decrease. Source:…

Tether and Africa Blockchain Institute Partner to Educate Ivory Coast Students on Blockchain

Felix Pinkston Aug 09, 2024 14:56 Tether and Africa Blockchain Institute have teamed up to deliver blockchain education across universities in Ivory Coast, aiming to equip students with practical skills. Tether Operations Limited, a leading entity in the digital asset industry, has announced a strategic collaboration with the Africa Blockchain Institute to enhance blockchain education across universities in Ivory Coast. According to tether.io, this initiative aims to provide students with practical skills and a comprehensive understanding of blockchain technology. Educational Workshops in…

Blockchain developer to fork BRC-20 to bring defi to Bitcoin

A blockchain developer is set to fork the BRC-20 token standard to introduce decentralized finance capabilities to the Bitcoin network. A blockchain developer under the alias Mikael.btc, best known as the creator of the BRC-100 token standard, wants to fork BRC-20 in an effort to roll out a new protocol designed to bring decentralized finance to the Bitcoin (BTC) network. In an Aug. 9 post on X, the developer outlined plans for the fork, emphasizing that the upgrade would address key limitations of the BRC-20 standard, including its “lack of…

George Danezis Discusses Development of Mysticeti for Sui Blockchain

Caroline Bishop Aug 08, 2024 16:31 Mysten Labs’ Chief Scientist, George Danezis, explains the development and impact of the Mysticeti consensus engine on the Sui blockchain. Mysten Labs’ Chief Scientist, George Danezis, has shed light on the development of the Mysticeti consensus engine, which is currently undergoing a phased rollout on the Sui Mainnet. According to The Sui Blog, this new technology aims to enhance the performance and capabilities of the Sui blockchain. Innovations Behind Mysticeti Mysticeti is designed to significantly reduce…

Circle and Berkeley Utilize AI for Blockchain Transactions with TXT2TXN

Timothy Morano Aug 08, 2024 15:58 Circle and Blockchain at Berkeley introduce TXT2TXN, an AI-driven tool using Large Language Models to simplify blockchain transactions through intent-based applications. Circle and Blockchain at Berkeley have unveiled TXT2TXN, an innovative open-source web application that leverages Large Language Models (LLMs) to streamline blockchain transactions by interpreting user intents from natural language inputs, according to circle.com. Introduction to TXT2TXN TXT2TXN, which stands for text-to-transaction, aims to simplify the user experience in crypto applications by using AI to…

Ethereum Whale Double Down on New Cryptocurrency Built on ETH Blockchain

Ethereum (ETH) whales are making headlines by investing heavily in a new cryptocurrency that has taken the digital finance world by storm—Mpeppe (MPEPE). Built on the Ethereum (ETH) blockchain, Mpeppe (MPEPE) represents a significant shift in the cryptocurrency landscape, combining the best of meme culture with the robust functionality of decentralized finance (DeFi). Here’s a detailed look at why Ethereum (ETH) investors are flocking to Mpeppe (MPEPE) and what makes this new cryptocurrency stand out. Why Ethereum (ETH) Whales Are Turning to Mpeppe (MPEPE) Mpeppe (MPEPE) is quickly becoming a…

Ethereum (ETH) Community Comes in Numbers To Support Utility Memecoin Mpeppe Built On ETH Blockchain

The Ethereum (ETH) community has rallied in significant numbers to support Mpeppe (MPEPE), a new utility memecoin that is making waves on the Ethereum (ETH) blockchain. As the cryptocurrency landscape continues to evolve, Mpeppe (MPEPE) is capturing the attention of Ethereum (ETH) enthusiasts with its unique blend of blockchain innovation and meme culture. Here’s why the Ethereum (ETH) community is flocking to support this promising new project. MPEPE: A New Breed of Memecoin on Ethereum (ETH)’s Blockchain Mpeppe (MPEPE) is not just another memecoin; it represents a new wave of…

Ethereum (ETH) Whales Grab New 1000x Memecoin That Built On The Ethereum (ETH) Blockchain

In recent weeks, Ethereum (ETH) whales have been making headlines by investing heavily in a new memecoin built on the Ethereum (ETH) blockchain: Mpeppe (MPEPE). This new entrant in the cryptocurrency world has captured the attention of major investors due to its innovative approach and substantial profit potential. Here’s why Ethereum (ETH) whales are flocking to Mpeppe (MPEPE) and what makes this memecoin a standout investment opportunity. Ethereum (ETH)-Based Innovation: MPEPE’s Unique Position Mpeppe (MPEPE) is not just another memecoin; it’s a groundbreaking project built on the robust Ethereum (ETH)…

Blockchain Protocol Nexera Suffers $1.8M Exploit, NXRA Token Price Tumbles 40%

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Tezos Showcases JavaScript App Development on Blockchain with Jstz

Zach Anderson Aug 06, 2024 18:04 Tezos Spotlight demonstrates building a JavaScript link shortener on the blockchain using Jstz, showing its potential for JS developers. Tezos Spotlight has released a comprehensive video tutorial demonstrating the process of building a JavaScript link shortener application on the blockchain using Jstz. The tutorial, led by Developer Advocate Beata Lipska, provides a step-by-step guide to setting up the environment, writing the smart function, deploying it, and testing the application. Introduction to Jstz Jstz is a JavaScript-based…