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 […]
The Global System for Mobile Communications (GSMA) estimates that 49% of people use smartphones to access the internet worldwide. From social media to software distribution, mobile technology has sparked rapid transformation that has eventually reshaped society and shaped behavior in mainly unexpected ways. A number of Web3 companies are currently investigating ways to circumvent the […]
Retailers will be able to accept cryptocurrency payments, such as USDC, at the point of sale with Flexa Components. With the release of Flexa Components, Flexa has made it easier for retailers to accept cryptocurrency payments by enabling direct, fee-free digital wallet transactions. Seamless User Experience According to Flexa, Components will enable users to pay […]
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 […]
Some traders anticipate market changes closer to Friday, the day when Jerome Powell, the head of the Federal Reserve, is expected to speak at the Jackson Hole conference. Early on 20th August 2024, Bitcoin (BTC) crossed $61,000 after U.S.-spot exchange-traded funds (ETFs) holding the cryptocurrency had their second-highest inflow activity of the month. According to […]
Individual investors have been negatively impacted by the withdrawal delays, and questions have been raised concerning the general security and dependability of Bitcoin exchanges. The WazirX exchange has restored investor balances over a month after a significant attack caused the loss of $234 million in client monies in the Safe Multisig wallet of the Indian […]
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 […]
According to one analyst, cryptocurrency markets are prone to ongoing position adjustments based on traditional finance markets because they lack a distinct anchor. Over the weekend, a decline in bitcoin (BTC) sparked a selloff in the broader cryptocurrency market as traders sought signals ahead of a busy week to decide where to position themselves. According […]