Circle has introduced native USDC on the Sui blockchain, giving developers and users direct access to USDC without relying on bridges. This launch supports Circle’s multi-chain approach, utilizing Sui’s features for fast, secure, and scalable applications. USDC Goes Native on Sui Chain Circle explained that the native integration of USDC on Sui enables developers to…
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Solana is once again in the headlines, this time for having a major surge in development activity, keeping it ahead of its competition with Arbitrum and Avalanche. According to Santiment, the development activity regarding Solana has increased by 10.7% just within the last week, and the signal is clear that developers and projects alike are…
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As of Q3 2024, CryptoRank stated that 3 million addresses were active every day on NEAR Protocol, making it a major player in the blockchain world. This huge number is higher than both Tron (2 million daily active addresses) and Solana (2.4 million daily active addresses) during the same time period. The growth of NEAR…
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On Monday, eigenlayer (EIGEN) made its debut on major exchanges, hitting a peak of $4.47 per token. However, by 1:30 p.m. EDT on Oct. 1, the price had dipped 12%, settling at $3.90 per coin. By 2 p.m. it was exchanging hands for $4.30 per unit. EIGEN Token Hits Crypto Market A new contender has…
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Samsung Next has announced its investment in Startale Labs, a company at the forefront of the Web3 ecosystem. This partnership aims to address the limitations of centralized systems by providing essential tools and infrastructure for decentralized applications (dapps) and smart contracts. Startale Labs, known for its innovative solutions like the Astar Network and Soneium, is…
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While regulations are generally meant to protect consumers, in practice, they create hoops for crypto companies to jump through, thus diminishing the overall user experience, said Ivo Georgiev, co-founder and CEO of Ambire Wallet. Georgiev argues that regulations like the Eurozone’s Markets in Crypto-Assets (MiCA) actually “enable more sketchy companies and scams.” Overregulation Beneficial to…
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Although Bitcoin-based decentralized applications (dapps) have been known to replicate or copy Ethereum dApps, Jeff Yin, founder of Merlin Chain, believes there is a growing impetus to build bitcoin dapps that are distinguishable from ether-based dapps. Yin, however, noted that the synchronization between bitcoin-based dapps and the Ethereum Virtual Machine (EVM) dapps still benefits the…
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More than 250 Zambian university students recently participated in an online boot camp and hackathon which saw over 100 earning certification in smart contract development. The students who complete their minimum viable products (MVPs) can apply for grants ranging from $1,000 to $25,000. Students Trained in Decentralized Application Development More than 250 students from St.…
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According to Shahaf Bar-Geffen, CEO of the privacy-centric Layer 2 network COTI, enterprises and mainstream organizations are not yet fully convinced of the benefits of complete privacy or true anonymity in any system. Bar-Geffen said the primary reason for this is that such systems often get exploited by individuals with dishonest intentions. Regulators’ Perceptions of…
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Composable data, a flexible and modular approach in the field of data analytics, benefits decentralized application (dapp) developers constrained by the limitations of current data protocols. Swaroop Hegde, co-founder of Powerloom, explains that composable data maintains a decentralized database of data points verified through a consensus mechanism. Clean Insights Versus Actionable Intelligence Hegde, a thought…
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