In order to decentralize infrastructure in the real world, where people contribute physical infrastructure resources across industries, including transportation, electricity, and wireless communication, DePIN (Decentralized Physical Infrastructure Networks) uses blockchains and token incentives. A network of resources for millions of people is created by a number of centralized digital platforms that harness the power of […]
The Layer-3 blockchains are built as a layer of blockchain technology on top of the foundation layers to create application-specific blockchains that are more customised to users’ demands. Building on the success of both layer-1 and layer-2 solutions, layer-3 blockchains represent a new generation in the evolution of blockchain through an advance in functionality for […]
On-chain games provide a governance model controlled by the community, in which players have an active role in making decisions, giving the gaming community a sense of genuine ownership and accountability, according to Ben Rubin, CEO and Co-founder of Towns. An unknown hacker gained access to Twitch’s server and private information in 2021, causing a […]
DeLaw’s AI legal assistant makes legal services more effective and accessible by streamlining the development, review, and administration of contracts. As part of the Decentralized Law movement, VAIOT introduces Legal Torch, a platform that combines the Decentralized Dispute Resolution System (DDRS), zk-SNARKs certificates, and AI Legal Assistant to modernize and democratize legal procedures. Conventional legal […]
On the Coinbase L2 blockchain Base, memecoin fever has been the main driver of growth. The layer-2 scaling environment for Ethereum hit a record high for daily transactions. Growthepie, an Ethereum layer-2 block space analytics tool, reports that on August 12, the total number of daily transactions in the scaling ecosystem reached a record of […]
The Superchain’s Optimism-affiliated networks, like Coinbase’s Base, rely on Ethereum for communication with one another, which makes asset transfers often costly and time-consuming. Optimism is creating its own interoperability strategy in order to solve that. Optimism, an Ethereum layer-2 blockchain ecosystem that has been successful in drawing new projects to utilize its technology—most notably, Coinbase’s […]
A sophisticated hack on the Terra blockchain caused a serious breach that led to the theft of many cryptocurrencies valued at about $5 million. About 60 million ASTRO tokens, 3.5 million USDC, 500,000 USDT, and 2.7 BTC were among the specific assets stolen. The breach’s nature was disclosed by the smart contract audit company Beosin […]
Cryptonewz, a leading source for cryptocurrency news and insights, is proud to announce its role as the media sponsor for the India Blockchain Tour 2024. This tour marks a significant milestone in India’s blockchain and cryptocurrency sectors, bringing together industry leaders, enthusiasts, and innovators across the country. Click here to buy the tickets Delhi Chapter: […]
The Fox network’s Verify protocol is prepared to move to its own zero-knowledge blockchain. This significant step attempts to empower developers to produce projects and content that can be legitimately proven. With the goal of making content licensing and verification immutable, Time, a worldwide media brand, and Fox have teamed up to use Fox’s Verify […]
Introduction Tokenized real-world assets are outpacing popular cryptocurrencies like Bitcoin and Ether in terms of volatility-adjusted returns and market performance. In 2024, the total value locked (TVL) of the real-world assets (RWA) market has grown to $8 billion, excluding non-yield-earning stablecoins. Real-world assets are currently tokenized on several blockchains, often for real estate, commodities, private […]
Introduction In today’s technological world, a transparent and secure supply chain makes the business environment critical to the company. Traditional supply chain systems often confront counterfoil customer confidence and vulnerability to fraud. Supply chain transparency has developed as the most important requirement in this competing market. It ensures that the business knows about every activity […]
Diamante Blockchain announces another significant step towards technology advancement with the integration of Greenfield, BNB Chain’s decentralized storage solution, a major move in enhancing blockchain utility and functionality. Greenfield focuses not on low-touch or cold data but rather on hot, valuable data. It lets users own their data and control permissions to create their personal data […]