Jamie Dimon, the CEO of JPMorgan Chase, claimed that the bank he helms — the largest bank in the U.S. — is likely one of the biggest users of blockchain technology, in an interview at the Financial Markets Quality Conference on Tuesday. “We’re probably one of the bigger users of blockchain, an actual user, like […]
Blockchain News
Xenea unveils revolutionary layer 1 blockchain for secure, decentralized data storage
Dubai, UAE, Sept. 17 – The increasing tokenization of assets has revolutionized the blockchain and crypto space, with projections placing the tokenized asset market at a staggering $16 trillion by 2030. As this market continues to grow, the importance of secure, long-term data storage solutions becomes critical, particularly for non-fungible tokens (NFTs) and the valuable data […]
Artificial intelligence grunt work can be outsourced using a new blockchain-based framework
Tomorrow’s workplace will be run on mind-boggling amounts of data. To make sense of it all, businesses, developers and individuals will need better artificial intelligence (AI) systems, better trained AI workers and more efficient number-crunching servers. While big tech companies have the resources and expertise to meet these demands, they remain beyond the reach of […]
Risc Zero aims to bring blockchain security to ‘any’ off-chain app
Risc Zero is preparing to launch a service designed to use zero-knowledge (ZK) proofs to bring blockchain security to any offchain application, according to a Sept. 16 announcement. Called “Boundless,” the service seeks to resolve blockchain’s most vexing scalability challenges — including limits to transaction throughput and cross-chain interoperability— by “bypassing traditional onchain execution limits” […]
USDC positions to be native stablecoin on Sony Soneium blockchain
Circle is looking to extend the use of its USDC stablecoin to the new high-flying Ethereum layer-2 blockchain network, Soneium, according to a Sept. 16 statement shared with CryptoSlate. The move aims to make bridged USDC a integral token for value exchange on Soneium. This will utilize Circle’s Bridged USDC Standard, enabling the deployment of bridged USDC on Ethereum Virtual Machine […]
Blockchain and digital identity initiatives find a new home
The newly established Linux Foundation Decentralized Trust (LF Decentralized Trust) aims to drive the development of decentralized technologies such as blockchain, cryptography and digital identities. The enterprise-focused blockchain platform Hyperledger Fabric 3.0 has already made it its new home. LF Decentralized Trust is now the umbrella organisation for everything related to blockchain, digital trust, and […]
A walk through the crypto jungle at Korea Blockchain Week
Blockchain technology is all about decentralization and virtualization. So it’s a little ironic that humans love to come together in person at big blockchain events. Such was the case last week in Seoul, where a record 17,000 people and 300 speakers came together for Korea Blockchain Week. Like traditional tech conferences, the event featured a lot […]
Ether.fi Expands Reach with Major Token Transfers and Launches Blockchain-Based Credit Card
Ether.fi, a rapidly growing platform in the cryptocurrency ecosystem, has recently captured attention due to a high-profile transaction involving the movement of $1.33 million worth of its native $ETHFI tokens. This transaction, which occurred just half an hour before the announcement, involved the transfer of tokens from the platform’s multi-signature wallet to Binance, one of […]
Magic Eden Having ‘Best Year Ever’ Despite NFT Market Slump: CEO
While the NFT market has lost considerable steam since peaking two years ago, the marketplace Magic Eden has been reaching new heights on its own, according to CEO Jack Lu. “Even though the overall market has been a bit soft, the year has been pretty good for Magic Eden,” he said in an interview with […]
Blockchain gaming sets new record with 4.2 million daily active users in August
Blockchain gaming has reached a new milestone with 4.2 million daily active users in August, according to a recent DappRadar report. The web3 gaming industry saw a 5% increase in daily unique active wallets (dUAW) last month despite falling to second place in terms of the most active crypto sector amid the AI boom. Ronin keeps its dominance Ronin continues […]