US dollar stablecoin issuer Circle has announced that it is now minting USD Coin (USDC) natively on the Ethereum layer 2 scaling protocol Polygon. This means that users and developers can access USDC without the need to bridge the stablecoin from Ethereum or any other blockchain. Circle Mint and Circle’s developer APIs now support Polygon-based […]
Shiba Inu’s Ethereum-based layer 2 blockchain solution, Shibarium, has achieved a significant milestone by surpassing one million blocks and three million transactions since its launch in late August 2023. This achievement can be attributed to the Shiba Inu token burn movement, which encouraged investors to migrate from centralized exchanges to Shibarium. The platform’s growth in […]
Bitcoin developer Robin Linus has proposed a new approach called BitVM that would allow for arbitrary computation on the Bitcoin network without the need for a soft fork. This proposal aims to incorporate Ethereum-style smart contracts into Bitcoin, enabling the network to support Turing-complete contracts without disrupting the original protocol. BitVM utilizes fraud proofs and […]
The King Abdullah University of Science and Technology (KAUST) in Saudi Arabia has partnered with two Chinese universities to develop an Arabic-focused artificial intelligence (AI) system. The system, called AceGPT, is a large language model designed to function as an AI assistant for Arabic speakers. It was built on Meta’s LlaMA2 and launched by a […]
Versana, a digital platform established by major banks including Bank of America and J.P. Morgan, has achieved significant success in the syndicated loan sector. Within a year of its launch, Versana has surpassed 1,500 syndicated loan facilities, managing around $900 billion in global loan commitments. The platform aims to modernize the global investment grade and […]
Cardano’s Project Catalyst Fund10 recently concluded with record-breaking participation and a surge in community engagement. Over 400,000 ADA enthusiasts participated in the funding round, submitting 1,500 developmental ideas. However, amidst the ambitious funding requests and applications, controversies arose, highlighting the need for scrutiny and transparency in decentralized funding initiatives.Project Catalyst, known as the largest decentralized […]
In a challenging market environment for crypto firms, Hong Kong-based venture capital firm CMCC Global has raised $100 million for its Titan Fund, aimed at supporting Asian blockchain startups. This comes as global venture capital investments in crypto have declined by 70.9% year-on-year, with a 54.5% drop in the number of deals. The fund has […]
Hydranet, a leading off-chain trading expert, has launched the Hydranet DEX, a Layer 3 trading platform that enables trustless, cost-effective, and near-instant cross-chain trading. This mainnet beta release marks a significant milestone for the project, which has seen impressive growth and has a promising roadmap ahead. The Hydranet DEX connects the Bitcoin and Ethereum ecosystems, […]
TYRION, a decentralized advertising platform, has launched its blockchain advertising technology, aiming to revolutionize the digital marketing industry. The platform addresses challenges such as lack of transparency, data privacy concerns, declining ROI, and fraud by offering a decentralized solution that fosters trust, transparency, user empowerment, and reward. At the core of the platform is the […]
TYRION, a trailblazer in decentralized advertising, has announced its strategic move to build its advertising platform on Coinbase’s Base Chain. This move highlights TYRION’s commitment to leveraging cutting-edge technology to offer transparent, efficient, and innovative advertising solutions. Base Chain’s scalability, security, and efficiency align perfectly with TYRION’s mission to revolutionize the $377 billion digital advertising […]
