Last week, a group of 10 major museums, including Crystal Bridges Museum of American Art in Bentonville, Arkansas, the Swiss National Museum in Zurich, and Museo de Arte de Puerto Rico unveiled a series of blockchain projects through Web3 for the Arts and Culture (WAC) Lab. During the livestreamed demo on May 30, the museums […]
Blockchain News
Japanese blockchain Astar proposes $38M token burn
Developers of Japanese dApp and layer-two solution Astar Network are proposing to burn 350 million ASTR tokens, worth $38 million at the time of publication, to improve its tokenomics. “In the short term, burning a significant portion of the ASTR supply will reduce inflationary pressures and potentially increase the token’s market value,” wrote Maarten Henskens, […]
Blockchain won’t fix financial markets, law prof tells Congress
Wall Street giants — from investment banks like JPMorgan to the world’s largest asset manager BlackRock — are touting the benefits of issuing and processing securities onchain. These firms say so-called tokenisation of assets, from stocks and bonds to art and real estate, will automate what are currently inefficient and error-prone operations in financial markets. However, all […]
Gavin Wood introduces JAM as Polkadot’s new hybrid transactionless blockchain model
Polkadot founder Gavin Wood envisions an advanced, decentralized system capable of supporting smart contracts through a secure model for the future of parachains. Polkadot has always been a bustling restaurant with a menu that caters to every palate — from simplified Web3 experiences to real-world asset (RWA) tokenization platforms. However, the blockchain ecosystem still faces […]
What’s behind the nearly $1 billion surge in blockchain gaming investments
The first quarter of 2024 reinvigorated investors’ sentiment in the crypto market. With the landmark litigation against the SEC ending, US investors have finally received access to spot Bitcoin ETFs. This opened the doors to Web3 for large institutional investors: the weekly net cash inflow to US-based ETFs has repeatedly overperformed the initial projections, triggering […]
Japanese blockchain Astar proposes $38M token burn
Developers of Japanese dApp and layer-two solution Astar Network are proposing to burn 350 million ASTR tokens, worth $38 million at the time of publication, to improve its tokenomics. “In the short term, burning a significant portion of the ASTR supply will reduce inflationary pressures and potentially increase the token’s market value,” wrote Maarten Henskens, head of […]
How Top Blockchain Oracles Enhance Data with CoinGecko API
In the blockchain ecosystem, oracle services play a pivotal role in bridging the gap between on-chain and off-chain worlds. They provide smart contracts with the ability to interact with real-world data, thereby enhancing their functionality and use cases. Unsurprisingly, CoinGecko has become a valuable resource for these oracle services by providing crypto data through its […]
How Binance built the standard for fighting crime on the blockchain
As an industry leader with a unique, user-obsessed culture, Binance goes above and beyond to protect its users and further the security of the global blockchain ecosystem. Binance is the leading global blockchain ecosystem behind the largest cryptocurrency exchange in the world and leads by example when it comes to setting industry standards. The strategy: Binance takes […]
How AI is Shaping the Blockchain Landscape
AI is starting to increase in popularity with new technologies pushing the boundaries of what’s possible. Machines are now able to mimic human intelligence, to a point, as algorithms are being developed to allow machines to complete tasks that would usually be done by humans. AI’s ability to make complex decisions and complete tasks on […]
US Navy launches ‘PARANOID’ blockchain security tech to private sector
The United States Navy is seeking private sector partners for a cooperative research and development agreement (CRADA) to help advance its proprietary “PARANOID” blockchain technology. PARANOID (Powerful Authentication Regime Applicable to Naval Operational Flight Program Integrated Development) is a blockchain-based system for securing software against cyberattacks during development and deployment. Image source: US Navy. Advertisement Trade […]