Celebrated as the paramount force in the realm of Web3 gaming, Immutable X (IMX) has emerged as the go-to blockchain, steering the course for NFTs and in-game transactions. This blockchain powerhouse has solidified its position as the industry leader, particularly renowned for its association with blockbuster titles such as Gods Unchained and Guild of Guardians.…
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Animoca Brands will become a validator for the Chiliz Chain as the venture capital firm looks to capitalize on the SportFi ecosystem. Venture capital firm Animoca Brands will put its weight behind fan token blockchain Chiliz Chain as it joins the network as a validator within its proof-of-stake authority protocol. Chiliz Chain is the backbone…
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Source: AdobeStock / Ascannio Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Digital asset marketplace Bakkt Holdings announced international and domestic expansion. Per the press release, it plans to expand crypto capabilities into numerous international markets with existing and…
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Near Foundation and Polygon Labs recently announced that they would build “a zero-knowledge (ZK) prover for WASM blockchains.” For WASM chains using the zkWASM prover, settling transactions will be more efficient and cost-effective with maximum security guarantees. Transaction Settling More Efficient and Cost-Effective Near Foundation, the organization supporting the development of the NEAR ecosystem, has…
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The service industry needs blockchain for enhanced security, transparency and efficiency in managing transactions, contracts and customer data. The need for blockchain technology in the service industry Blockchain technology has the potential to completely transform the services sector by improving efficiency, security and transparency. Blockchain technology reduces the risk of fraud and errors in industries,…
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The Frankfurt Stock Exchange has listed the creation of a digital asset platform making development areas of its “Horizon 2026” strategy. In a recent press release, Deutsche Borse, owner of the Frankfurt Stock Exchange gave an insight into its plans for growth, investment, and onboarding institutional investors as it looks towards 2026. Part of its…
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Three key data points highlight the 60-day strength shown by altcoins. A wave of green has washed across the entire crypto market, and it won’t be long before traders on X (formerly known as Twitter) begin to explain that a new altcoin season has arrived. Altcoin season — or “altseason,” as the crypto bros say…
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In a turn of events within the non-fungible token (NFT) market, Bitcoin (BTC) has achieved a significant milestone by surpassing Ethereum (ETH) in 24-hour NFT sales volume. This marks the first time that Bitcoin has outperformed Ethereum in this aspect. BTC’s NFT Breakthrough Bitcoin’s recent achievement of surpassing Ethereum in 24-hour NFT sales volume signals…
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On Wednesday, November 8, 2023, the Bitcoin blockchain saw its non-fungible token (NFT) asset sales surpass those on the Ethereum platform, marking a historic shift during a single-day span. According to the analytics provided by cryptoslam.io, Bitcoin-based NFT transactions amounted to $17.17 million, eclipsing the $15.77 million in Ethereum NFT sales recorded during the 24-hour…
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Regenerative economy and finance projects are tapping into blockchain technology for increased utility, transparency and decentralization. Blockchain technology is having a tangible positive influence on environmental stewardship through innovative projects that are retiring carbon credits, generating staking yields to support ecological initiatives and incentivizing communities to monitor and protect natural resources. Cointelegraph delved into the…
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