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Sony and Startale Labs are entering into a joint venture agreement to develop a blockchain that could become the backbone of global web3 infrastructure. The joint venture company will be established under the name “Sony Network Communications Labs Pte. Ltd.” Collaborating more deeply According to the press release shared with crypto.news, the companies
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By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Bitcoin (BTC) closed last week around $25,850, a 0.5% decrease in price from its previous week’s closing price of $26,000. The market keeps following the trend of low volumes and volatility observed in this Q3. In the
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Currently, the most common type of blockchain accounts, known as Externally Owned Accounts (EOA), have limited recovery options; if a user loses their private key, their crypto holdings are lost forever. EOA accounts also can’t attach information that could be read by other smart contracts, and transaction fees cannot be
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Oasys, a blockchain-based game development platform, will team up with non-fungible token (NFT) marketplace αU market and cryptocurrency wallet αU Wallet – a crypto wallet by KDDI, one of Japan’s top three telecom companies – for users to trade NFTs on the αU market.See related article: Weekly Market Wrap: ETF
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A group of crypto and blockchain firms joined together to create a Texas crypto advocacy group, according to a Sept. 11 announcement. The group is called “Crypto Freedom Alliance of Texas,” and is founded by a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm. The group is promoting
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Blockchain could be used to authenticate the real from what is generated by artificial intelligence, Congressman Tom Emmer suggested Sept. 11 at the Permissionless II conference. That would combine nicely with other progress being seen in United States cryptocurrency policy, he said.Speaking on a panel, Emmer began on a cautious
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The move to Aptos is the first time Sushi has been accessible on a blockchain that is not compatible with the Ethereum Virtual Machine (EVM). It had previously been accessible on Ethereum, Arbitrum, Base, Polygon, Fantom, BNB Chain and others, according to DefiLlama. Source
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Smart contract layer-1 blockchain network Avalanche's testnet has reportedly hit over 140,000 transactions per second during testing of its HyperSDK blockchain upgrade.Avalanche is currently testing a framework for building high-performance Virtual Machines (VMs) from scratch on the network. According to Ava Labs, HyperSDK is structured so that developers can “plug
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Ant Group Digital Technologies, linked to China’s Alibaba Group, has unveiled ZAN, a brand dedicated to providing blockchain development tools. Ant Group Digital Technologies, an affiliate company of the Chinese conglomerate Alibaba Group, recently announced the launch of ZAN. The new brand will offer a range of blockchain development products and
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The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted suggestions for lawmakers to consider in potential legislation on the tax treatment of digital assets.In a Sept. 8 letter to U.S. Senators Ron Wyden and Mike Crapo, the Blockchain Association said lawmakers should support the Keep Innovation in America
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