K9 Finance DAO, a pioneering decentralized autonomous organization dedicated to advancing decentralized finance (DeFi) solutions, proudly announces the successful launch of its validator on the Shiba Inu Layer 2 (L2) mainnet. Concurrently, the DAO introduces its KNINE token on the Shibarium blockchain, leveraging the official ShibaSwap platform for liquidity and trading. Integrating K9 Finance DAO’s […] Source CryptoX Portal
James Ding Jul 19, 2024 05:05 Arkham Intelligence unveils ‘The Arkham Oracle,’ an AI-driven tool designed to simplify blockchain data analysis. The feature offers transaction logs, portfolio holdings, and more. Arkham Intelligence has announced the launch of its latest feature, ‘The Arkham Oracle,’ an AI-driven tool designed to simplify blockchain data analysis, according to arkhamintelligence.com. Introducing The Arkham Oracle The Arkham Oracle is an innovative feature that harnesses artificial intelligence to deliver comprehensive blockchain data insights. Users can interact with the Oracle…
“This transaction demonstrates how public blockchains are a powerful technology for financial institutions, making transactions faster and safer,” Niccolò Bardoscia, head of digital assets trading and investments at Intesa Sanpaolo, said in a LinkedIn post. Source
Terrill Dicki Jul 18, 2024 02:03 Stellar (XLM)’s State Archival aims to address blockchain state bloat, enhancing scalability, transaction speed, and cost-efficiency. The Stellar Development Foundation has unveiled its innovative solution to the persistent issue of state bloat in blockchain technology, known as State Archival, according to Stellar. This approach is set to enhance the scalability, transaction speed, and overall cost-efficiency of the Stellar (XLM) network. Addressing State Bloat State bloat has long been a challenge for blockchain networks, leading to increased…
Adoption by non-profits, or the lack of it, is a good test of product simplicity and reliability, says Paul Brody, head of blockchain at EY. Source
Traditionally in the domain of institutional investors, structured products combine various assets and derivatives to create tailored risk-return profiles. With the advent of blockchain, the potential for this market segment is enormous, promising significant cost reductions, enhanced composability, and improved accessibility. Currently, the global structured notes market is estimated to be worth more than $2 trillion, and blockchain stands to help widen the breadth of the market from origination to investor base. Source
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On Tuesday, July 16, Charles Hoskinson, founder of the blockchain platform Cardano, publicly offered to assist Elon Musk in addressing the escalating issue of account hacks and the proliferation of scam bots on X (formerly Twitter). Hoskinson’s proposal involves the integration of Decentralized Identifiers (DIDs), a concept endorsed by standards bodies like the World Wide Web Consortium (W3C), into X’s framework. What The Cardano Founder Offers Musk Hoskinson reached out directly via an X post, stating, “Elon, we need DIDs integrated into X. It solves all of these problems. Again,…
Sentient Labs, a UAE-headquartered startup, has successfully raised $85 million in seed funding. The funding round was spearheaded by billionaire Peter Thiel’s Founders Fund and Pantera Capital, with additional participation from Framework Ventures. Sentient Labs stands out by merging decentralized blockchain features with cutting-edge AI technology, aiming to challenge existing norms and create a more […] Source CryptoX Portal
Peter Zhang Jul 16, 2024 15:11 Layer 3s (L3s) represent a new frontier in blockchain technology, offering cost-effective, customizable solutions for developers to build on existing Layer 2 (L2) infrastructure. Layer 3s (L3s) are emerging as a significant development in the blockchain ecosystem, according to paragraph_xyz. These new layers offer developers the ability to create customized, cost-efficient applications that settle on existing Layer 2 (L2) infrastructures, thereby enhancing the scalability and efficiency of blockchain networks. What are Layer 3s (L3s)? L3s can…