Source: bugatti.com Luxury carmaker Bugatti and shoe giant Adidas have partnered to auction a limited-edition football shoe, which will come with a digital twin. According to the announcement, the two companies have joined hands to create “a stunning, limited edition football boot.” The so-called ‘adidas X Crazyfast Bugatti’ is engineered for speed and lightness, the companies…
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Prior to November 1, the last transactions has taken place more than 117 days ago, according to Multichain’s explorer tool. Hacked cross-chain protocol Multichain has confirmed some transactions, and its backlog of queued transactions has declined to only a single transaction, according to data from Multichain’s explorer tool. Blockchain data confirms that some of the…
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The XRP Ledger (XRPL), a decentralized public blockchain developed by David Schwartz, CTO of Ripple Labs, has continued to evolve and show growth in the third quarter (Q3) of 2023, as highlighted in a recent report by Messari. The XRPL, facilitating cross-currency and cross-border payments for over a decade, has witnessed significant milestones, including a…
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In a recent report by Messari, the analysis sheds light on the developments and challenges faced by Binance Chain (BNB), the blockchain created by Binance, the world’s largest cryptocurrency exchange regarding trading volume. The report highlights the separation of BNB Chain from Binance and various events and allegations that have impacted Binance and its associated…
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Source: AdobeStock / G Photo Alternative investments think-tank Mox Capital says it’s seeking out ideas to fund and help them “get off the ground quicker.” Therefore, according to the press release, the group has committed $410 million in order to, as it said, “further explore digital assets.” The website, too, mentions this figure, stating that…
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Layer-1 blockchain Near will integrate Nym Technologies’ data privacy and encryption services for users and DApps operating across its ecosystem. Layer-1 protocol Near has tapped blockchain security firm Nym to provide end-to-end encryption and metadata privacy services for its ecosystem. Nym, which provides blockchain agnostic layer-0 privacy infrastructure, will avail its mixnet tools to encrypt…
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Source: Starknet The Starknet Foundation has taken a step to acknowledge the early contributors to its network by allocating 50 million STRK tokens. This gesture comes even though these tokens are locked and not yet tradable until April 2024. Starknet, a Layer-2 blockchain network built atop Ethereum, aims to enhance scalability and reduce costs without…
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Blockchain-based philanthropy involves transparent, efficient and secure transactions, ensuring accountable and impactful giving. Challenges and considerations while using cryptocurrencies in humanitarian aid Even if cryptocurrencies have the potential to revolutionize humanitarian aid efforts, it is imperative to address issues concerning volatility, inclusivity, cybersecurity, legal compliance and ethical considerations. The application of cryptocurrencies to humanitarian relief…
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According to the president of Botswana, blockchain is one of the innovative solutions that the global diamond industry can use to ensure “blood diamonds” are excluded from formal markets. Using blockchain not only assures consumers but also enables them “to make informed choices and encourages responsible practices throughout the supply chain.” Minimizing Impact on the…
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Source: AdobeStock / Iakov Kalinin The United Kingdom has released proposals for a stablecoin framework alongside wider industry regulations in a bid to position the country as an investment destination and to protect users. In an Oct 30 release, His Majesty’s Treasury published a set of guidelines for regulating ‘fiat-backed stablecoins’ amid calls for global…
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