Tag: Blockchain

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Community-powered crypto trading: CryptoRobotics joins Cointelegraph Accelerator

CryptoRobotics, a one-stop-shop trading platform, offers trading bots, autostrategies and signals while fostering a community-driven mission to outperform the market. Crypto market charts can make traders feel exhausted just by looking at them, and chances are high that this contributed to the prolonged bear season. After experiencing historic lows for well over a year, both…
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dYdX launches layer-1 blockchain, validators and stakers set to receive all fees

dYdX completes the launch of its layer-1 proof-of-stake blockchain with the creation of its genesis block by chain validators. Decentralized cryptocurrency exchange dYdX has launched its layer-1 blockchain with the creation of its genesis block, which will operate using native DYDX tokens. The dYdX Chain is set to distribute all fees to validators and stakers…
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State Channels ‘Significantly Reduce Congestion and Transaction Fees,’ Ideal for Decentralized Exchanges — Louis Bellet

According to Louis Bellet, the founder of the Layer-3 peer-to-peer protocol Yellow Network, crypto trading has not scaled largely because it remains unregulated in many places which in turn “greatly slows down its growth and produces tons of scams.” In contrast, traditional finance (tradfi) is widely seen as “a well-oiled machine” and this according to…
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Fintech, DeFi, GameFi, and more: Web3 startups kick off Cointelegraph Accelerator second cohort

Sixteen startups selected from over 1000 applications will present their projects to a global audience. Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities as a media and strategic partner, announced its second cohort launching in October 2023 for up-and-coming Web3 startups. Selected from over 1000 startup applications, the 16 participants of the second cohort…
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No Evidence Hamas Received Significant Crypto Donations: Elliptic Says Data Has Been Misrepresented

Blockchain analytics firm Elliptic says there is no evidence that Hamas has received significant volumes of cryptocurrency donations, emphasizing that crypto data it provides on the matter has been misrepresented. Noting that crypto accounts linked to Hamas have been seized or frozen, Elliptic says: “This illustrates the weakness of crypto as a terrorism fundraising tool.…
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Zero-Knowledge WaaS a Prospective Standard Configuration for Web3 Application-Layer Products — Pengyu Wang

According to Pengyu Wang, the founder of Particle Network, developer solutions known as zero-knowledge wallet-as-a-service (ZK-WaaS) embody Web3 principles and “are highly performant” which in turn makes them “an evergreen solution that will become the industry standard.” Wang also points to how zero-knowledge technology helps ensure a core principle of Web3, asset sovereignty for end…
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Europe May Utilize Blockchain to Fix Bureaucracy as Authorities Suggests Use of “Digital Technologies”

Source: AdobeStock / Grecaud Paul The European Union (EU) plans to improve the administration processes in all member nations by deploying digital strategies, a new Commission paper reads. A new EU report has placed the digitization of processes at the top of overhauling age-long bureaucracies as it aims to achieve modern and contemporary standards for…
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Revolutionizing whitelist marketplace for Web3: WhiteList Zone partners with Cointelegraph Accelerator

The whitelist marketplace WhiteList Zone onboarded over 50 projects that collectively submitted more than 8,000 whitelists. In the Web3 space, one of the key challenges for new projects and products is to get a motivated audience and for crypto-enthusiasts and investors — to find the most promising projects and get in earlier than others. This…
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Standard Chartered, Deutsche Complete First Stablecoin Swaps on UDPN Blockchain

SC Ventures, Standard Chartered Bank’s VC arm, and German banking giant Deutsche Bank have executed the first stablecoin swaps on the Universal Digital Payments Network (UDPN), per a report published Monday. UDPN is a blockchain-based messaging system supporting government-regulated digital currency systems and central bank digital currencies (CBDC)…. Read More: Standard Chartered, Deutsche Complete First…
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Blockchain Publishing Company LBRY Announces Shutdown Following Court Judgment and Debts

Facing a judgment from the federal government and encumbered with significant debts, LBRY Inc., the blockchain-based publishing company, has signaled its intent to terminate operations. This announcement, shared via a blog post hosted on Odysee, arrives in the aftermath of a contentious legal battle with the U.S. Securities and Exchange Commission (SEC). The post marks…
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