What is the IBC protocol? IBC is an open-source protocol designed to facilitate message relaying between separate distributed ledgers and was developed to connect independent blockchains. The Inter-Blockchain Communication (IBC) protocol facilitates data sharing and communication between different blockchains or “zones.” It’s a digital link between several blockchain networks, enabling safe information sharing, asset exchange and interaction. […]
Blockchain News
Contango Reaches $5M Close on $10M Blockchain x AI Seed Fund
Contango Digital Assets is pleased to announce the successful first close of its latest venture fund, the Contango Blockchain x AI Fund, bringing in an impressive $5 million in LP capital, to date. The fund is dedicated to investing in North American seed round companies building at the intersection of blockchain and artificial intelligence. The […]
Blockchain for Good Alliance launches at Blockchain Life Dubai
The Blockchain for Good Alliance (BGA) announced its official launch on April 15, at the Blockchain Life Dubai event. Describing itself as a “collaborative network of organizations, projects, and individuals committed to leveraging blockchain technology to solve global social, environmental, and economic challenges,” the BGA has partnered with blockchain-based organizations of nearly every stripe. These […]
Blockchain infrastructure and development for the era of utility
We’re now well and truly into the era of utility for blockchain technology. Going forward, the technical elements, infrastructure, and development of various blockchains will come more sharply into focus. At this year’s London Blockchain Conference, the technical capabilities of utility blockchains will be the central point of discussion and debate. If you have something to say, […]
Blockchain fraud group shifts $1M to Blast for new schemes
A group with a history of blockchain fraud on platforms like Magnate, Kokomo, and Lendora is launching new schemes on Blast. They have recently moved around $1 million in laundered funds to finance their fraudulent activities. According to on-chain detective ZachXBT, the funds were initially moved from an Ethereum address linked to previous scams to another […]
Blockchain fraud group strikes again, launches fresh scheme on Blast network
A group known for its past blockchain fraud activities has reportedly launched a fresh scheme on Blast. According to ZachXBT, an on-chain detective, the group has moved approximately $1 million in laundered funds to Base to fuel its new scam. The unnamed group initially transferred the funds from an Ethereum (ETH) address linked to previous […]
Blockchains still aren’t great at communication
One of the prerequisites for the mass adoption of blockchain technology is interoperability — the ability to pass data between distinct blockchain and blockchain-like systems. Numerous interoperability projects have established themselves today, and many are growing at an incredible rate. Indeed, it’s only a matter of time before the number of cross-chain messages is measured […]
Dogecoin Blockchain: Does Anyone Actually Use DOGE? Read more on DailyCoin: https://dailycoin.com/dogecoin-blockchain-does-anyone-use-doge/
The Dogecoin Blockchain is one of the most iconic cryptocurrency networks in the digital asset market. Against all odds, Billy Markus and Jackson Palmer’s satirical joke stood the test of time and established itself as one of the biggest digital currencies in the crypto market. However, despite Dogecoin’s status as one of the central pillars […]
Blockchain and AI: Redefining authorship in publishing
Self-publishing has empowered authors worldwide to bypass traditional gatekeepers of the publishing industry and share their work with the world. However, as the industry looks to keep up with modernization, the self-publishing platform Booksie has embraced blockchain and artificial intelligence (AI). In an interview with Cointelegraph, Booksie founder and CEO Sol Nasisi shared his vision […]
Layer-1 Blockchain Berachain Nets $100,000,000 in Series B Funding Round
A new layer-1 blockchain has raised nine figures in a series B funding round that featured tech giant Samsung and several crypto venture capital firms. In a new announcement, the decentralized finance (DeFi)-focused blockchain Berachain (BERA) says that its latest funding round raised a staggering $100 million led by Brevan Howard Digital and Framework Ventures. […]