Animoca Brands will invest in the TON blockchain protocol and become its largest validator as it eyes GameFi development on the platform. Web3 investment firm Animoca Brands is set to become the largest validator on The Open Network (TON) blockchain, and it plans to deliver blockchain-based games to messaging application Telegram’s 800 million users. An…
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Solana co-founder Anatoly Yakovenko recounts the “eureka moment” that birthed the blueprint for the layer 1 smart contract protocol aiming to be “hyper-optimized” and “fast as possible.” “I literally had two coffees and a beer, and I had this eureka moment at four in the morning,” Solana co-founder Anatoly Yakovenko recalls as he leans back thoughtfully.…
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The Dfinity Foundation and Singularitynet have announced an initiative to merge the Internet Computer blockchain with Singularitynet’s marketplace. This collaboration aims to transform the accessibility and transparency of decentralized large language models. By integrating these advanced technologies, the initiative is aiming to redefine the landscape of decentralized artificial intelligence. Dfinity and Singularitynet Merge for AI…
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According to a Messari report, the Ethereum network’s revenues constituted more than 90% of the $491.5 million generated by layer 1 chains in Q3. The data also shows that in the period in question, the Aptos network’s revenues were 160% higher than in the preceding quarter. Ethereum Still Dominates While the third quarter (Q3) revenue…
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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine presidential candidate Sergio Massa has proposed to use blockchain for state oversight, the Brazilian securities regulator president stated (CBDC) drex might ‘kill’ lesser cryptocurrencies, and Okx announced an expansion to Brazil in…
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Presidential candidate and Economy Minister Sergio Massa has proposed to develop a system to allow citizens to control and monitor state finance using blockchain tech in Argentina. At a recent presidential campaign rally, he declared that Argentines “should be able to control state accounts with their mobile phones,” interacting with the national budget. Sergio Massa…
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The blockchain-based investment note is issued on Avalanche and will automatically distribute profits to holders’ wallets. Neo-investment and technology firm Republic plans to issue a blockchain-based security token that will pay dividends to retail investors from profits across its broad portfolio of investment holdings. The Republic Note is a profit-sharing digital asset that will be…
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TVL, fee revenue and wallet activity are just three metrics investors can use to assess the health of the DeFi sector. The decentralized finance (DeFi) market has been one of the most exciting and volatile sectors in the crypto outside of Bitcoin (BTC). In 2020, the DeFi sector experienced a bull market that saw the…
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SOL, AVAX and DYDX rank among the top-performing altcoins this month. Cointelegraph investigates what is behind the move. On Nov. 15, several altcoins continued to show strength alongside Bitcoin (BTC), which notched an intra-day high at $37,400. Leading into the week, DYDX, Solana’s SOL (SOL) and Avalanche’s AVAX (AVAX) currently reflect double-digit gains, with each…
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The National Hockey League, the NHL Players’ Association, and the NHL Alumni Association have collaborated with the non-fungible token (NFT) firm Sweet to introduce NHL Breakaway, a digital collectibles platform. The NHL says the collectibles enable fans globally to collect, gift, trade, and showcase highlights and significant moments from NHL history. NHL Partners With Sweet;…
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