Tag: Blockchain

Sui Overflow Hackathon Funding Pool Balloons to $1,000,000 as New Sponsors Join – Blockchain News, Opinion, TV and Jobs

Grand Cayman, Cayman Islands, April 22nd, 2024, Chainwire Alibaba Cloud, AngelHack and dWallet are among the latest supporters for the global event. Sui, the Layer 1 blockchain that offers industry-leading performance and infinite horizontal scaling, has seen funding for Sui Overflow, the first-ever global virtual hackathon focused on creating exciting products on Sui, double in recent weeks with enthusiastic supporters contributing funds.  Initially set at $500k, after a groundswell of support from external backers, Sui Overflow’s funding pool has ballooned to $1,000,000. The sizable rewards pool is drawing builders from…

BC.GAME Secures New Curacao LOK License, Enhancing Legal Compliance and Global Reach – Blockchain News, Opinion, TV and Jobs

Willemstad, Curaçao, April 22nd, 2024, Chainwire BC.GAME® is thrilled to announce the acquisition of a new gaming license, fully compliant with Curacao’s National Ordinance for Games of Chance (LOK) regulatory framework. This achievement reaffirms BC.GAME’s unwavering commitment to providing a secure and legally compliant gambling environment for its global user base. Jack Dorsey, the CEO of BC.GAME, said: “We are immensely grateful for Curacao’s robust regulatory framework, which has been pivotal in the gambling industry. Obtaining this license is a vital milestone in BC.GAME’s ongoing development and our commitment to…

Bitcoin Halving Successfully Completed, Fueling Expectations of Price Surge – Blockchain News, Opinion, TV and Jobs

The so-called ‘bitcoin halving’ was completed in the night from Friday to Saturday. This halving takes place once every four years and aims to counteract bitcoin inflation by making the currency scarcer. During the halving, rewards for creating a new bitcoin (also known as mining) are reduced. This has a slowing effect on the rate at which new bitcoins enter the market. It makes the cryptocurrency scarcer, which drives up the price. Miners play a crucial role in the Bitcoin network. They use powerful computers to solve complex mathematical problems,…

Legendary Boxer Mike Tyson Joins Blockchain Social Network

Boxing legend Mike Tyson has become an ambassador for the blockchain-based social networking app, Ready to Fight. Tyson describes Ready to Fight as a boxing-centric social network that assists boxers and the boxing community with their business needs. RTF Aims to Revolutionize the Boxing Ecosystem Former heavyweight boxing champion Mike Tyson has joined the Web3 […] Source CryptoX Portal

Bitcoin Blockchain Has Fourth ‘Halving’ in 15-Year History, in Show of BTC Monetary Policy Set by Code

Unlike traditional, or fiat, currencies, whose value has historically been eroded by inflation and government printing, bitcoin is designed to be non-inflationary with a maximum total supply of 21 million BTC in circulation. With the halvings every four years, the pace of new issuance of bitcoins reduces over time until the last one is mined, likely sometime in 2140. Source

How AI and blockchain work together?

Discover the synergy between AI and blockchain technology. Explore integration, benefits, challenges, and future trends. Artificial Intelligence (AI) and blockchain are making profound impacts across various sectors, but their potential is amplified when integrated.  AI brings advanced data processing capabilities, enhancing decision-making with speed and precision. Meanwhile, blockchain offers a secure, decentralized ledger that ensures data integrity and transparency.  Together, they create a powerful combination that can address some of the fundamental challenges in technology today. According to a WSJ report, the integration of blockchain in AI could solve the…

Over 1,000 Builders, Partners, Investors and Enthusiasts Gather at Inaugural Global Event to Celebrate Sui – Blockchain News, Opinion, TV and Jobs

Grand Cayman, Cayman Islands, April 18th, 2024, Chainwire The annual event is a culmination of Sui’s exceptional debut Over 1,000 projects, partners, investors, and enthusiasts from 65 countries around the world gathered last week in Paris to celebrate Sui at the vaunted Layer 1’s inaugural global Sui Basecamp conference. At its first-ever annual event held during Paris Blockchain Week, Sui was feted by developers and builders from around the world during a two-day event. Speakers at Sui Basecamp spanned all aspects of the industry from payments to gaming to e-commerce…

Worldcoin Announces Upcoming Release Of Layer-2 Ethereum Blockchain

In a recent announcement, Tools for Humanity, the company behind Worldcoin, revealed the upcoming launch of World Chain. The open-source Ethereum layer-2 blockchain will debut in mid-2024 and aims to transform human authentication through its integration with the Worldcoin protocol.  Worldcoin Unveils World Chain Worldcoin is a project aspiring to become the world’s largest identity and financial public network. By employing iris scanning technology via smartphones or specialized devices known as Orbs, Worldcoin transforms biometric images into encrypted numerical codes.  Combined with algorithms, these codes verify the individual’s unique human identity.…

Ernst & Young debuts blockchain contract management on Polygon

Ernst & Young, a leading accounting firm, has introduced an enterprise contract management service that utilizes blockchain technology. The service, called OpsChain Contract Manager, allows clients to place contracts on a public blockchain while ensuring the confidentiality of business information through zero-knowledge circuits. OpsChain is marketed as operating on Ethereum but uses Polygon’s proof-of-stake (PoS) blockchain. According to Paul Brody, who leads EY’s blockchain efforts, the distinction is important as Ernst & Young (EY) plans to eventually transition the underlying technology to Ethereum’s mainnet and further to layer 3 in…