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ConsenSys Acquires Blockchain Notification Tool HAL to Enhance Web3 Development

Blockchain company ConsenSys looks to integrate with facilitator HAL to attain a broader-based and seamless Web3 experience. ConsenSys recently acquired blockchain notification tool HAL for an undisclosed amount to facilitate Web3 development. According to reports, the HAL acquisition sees the no-code blockchain development tooling platform bring 10 employees to ConsenSys. In addition, HAL

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Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023

The nonprofit organization behind the creation of the Cosmos (ATOM) interblockchain communications (IBC) ecosystem has committed to spending around $40 million in 2023 to develop its core infrastructure and applications, the Interchain Foundation (ICF) announced in a Feb. 20 Medium post  The Interchain Stack is utilized by around 50 blockchains, including the Tendermint Core

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Bosch partners in $100-million Web3 development foundation

$100 million is being earmarked for a grant program funding the development of Web3, artificial intelligence (AI) and decentralized technologies in a partnership between Bosch and Fetch.ai.The two companies are collaborating to create the Fetch.ai Foundation, which will aim to fuel industrial adoption of innovative software, AI and Web3 technologies.

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San Francisco federal bank eyes CBDC system development, reveals job posting

The Federal Reserve Bank of San Francisco is looking for a software engineer to help develop and implement systems related to a central bank digital currency (CBDC).On Feb. 18, the San Francisco Fed posted a job opening for a “senior application developer - digital currency.” The candidate is expected to

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Bitcoin Ordinal Inscriptions Surge Past 100,000 Mark, Spurring Development of Supporting Infrastructure – Bitcoin News

According to the latest statistics, more than 100,000 ordinal inscriptions have been added to the Bitcoin blockchain since the start of the trend. Amid the growing popularity, people have launched supporting marketplaces and tools that allow individuals to inscribe without a full node. Additionally, a decentralized Ordinal exchange is reportedly

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Polygon ecosystem development and upcoming zkEVM launch add to MATIC’s bullish momentum

Matter Labs, the firm managing Polygon, announced that the beta version of its zero-knowledge Ethereum Virtual Machine (zkEVM) would launch on March 27, 2023. It’s possible that Polygon will enjoy a first-mover advantage in this space by launching a public mainnet before zkSync and Scroll.Zk-based roll-up technology is accepted as the gold

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The importance of open-source in computer science and software development

Open-source refers to the practice of making source code freely available to the public, allowing anyone to view, modify and distribute the code. In computer science and software development, open source is important for several reasons, as explained in the below sections.Collaboration and innovationGlobal collaboration and contributions to the creation

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