Cryptocurrency Analysis and News Portal
Axie Infinity (AXS), the widely-played blockchain game and metaverse project, has unveiled a novel initiative, allowing its non-fungible token (NFT) owners the commercial rights to produce and sell authorized merchandise. This announcement coincides with Sky Mavis, the game’s developer, launching a dedicated merch store for the Axie Infinity intellectual property. According
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Privy, the Web3 data privacy solution, is reported to have completed a series A financing round that was led by Paradigm and participated in by Sequoia Capital and other well-known names who acted as earlier investors. On the same day, Privy announced that Huang, a former partner at Sequoia Capital, was
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ColorTrace is LayerZero’s solution to problems with Colored Coins, including the amount of storage required to color digital assets. Cross-chain communication protocol LayerZero has launched ColorTrace, a value attribution solution that facilitates fair tracking. The solution easily attributes tokens to the entity that minted the token, allowing for easy verification of
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Ripple’s XRP Ledger (XRPL) is rolling out an upgrade as part of a two-week activation countdown, with backing from over 80% of validators. The amendment aims to reduce obscured order books, improving XRPL’s overall functionality. XRPL introduces fixReducedOffersV1 XRPL is gearing up for new features, and users on the Ripple v1.11.0 or
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In a Nov. 9 post on X, CoinGecko reports Arbitrum as being the largest Layer 2 solution, with a total of $1.79 billion in total value locked (TVL) in October, or 41.2% of the top 10 L2 solutions market share. Although this is still down from its yearly peak of $2.6
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The aim of the tie-up is to allow for greater interoperability across chains. Original Source
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On Nov. 2, the Hong Kong Monetary Authority (HKMA) co-organized the eighth edition of the city’s flagship event alongside InvestHK. At the event came several releases including HSBC prototyping a Decentralized Identity (DID) solution using Polygon ID and the release of a 30th anniversary commemorative NFT from the HKMA. Building for digital
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The Astar Network, a smart contract platform for multi-chain, announced the launch of its zero-knowledge (ZK) Ethereum layer-2 solution, zKatana, to enhance interoperability with Ethereum-compatible chains. The zKatana testnet zKatana refers to the project’s Japanese roots, which depict a served blade used by feudal samurais in combat. The project is a zero-knowledge EVM
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Microsoft looks set to go all-in on artificial intelligence, with CEO and chairman Satya Nadella outlining intentions to integrate AI with essentially all its customer solutions and every layer of tech stacks. The firm has made several significant AI plays in 2023, with its partnership with OpenAI and its web
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The BNB Chain ecosystem has launched the mainnet of its highly anticipated Greenfield, marking a major milestone in decentralized data storage and management. Greenfield is a novel blockchain specialized for decentralized data storage that allows users to upload files and data, set customized access controls and store information redundantly across a
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