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GEM Digital commits $50M to ParallelChain Lab for L1 protocol development
22.9.2022
As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions
Africa-Focused Crypto Exchange Yellow Card Raises $40 Million via Series B Round
21.9.2022
Africa-focused crypto exchange Yellow Card recently revealed it has closed its $40 million Series B funding round. The exchange’s announcement of its latest capital raise comes just over a year after it raised $15 million from its Series A round. Funds to Be Used for Development of...
Other Developers Share Footage Of What Their Games Looked Like Early In Development
21.9.2022
The Grand Theft Auto VI leaks were big news for all kinds of reasons, but one of the more interesting talking points has been the revival of a discussion about how “bad” a game can look in front of the public.Read more
Infura Announces the Development of Decentralized Infrastructure Network
19.9.2022
Infura, a blockchain development tool, is looking forward to introducing a decentralized infrastructure protocol early next year to ease worries that its platform is too centralized to support the decentralized applications of the Ethereum ecosystems (dApps). The network is known as...
Report: Quebec’s Mohawk Council of Kahnawake Seeks Energy to Power Crypto-Mining Opportunities
19.9.2022
According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) created a new organization to research...
This Is What A Video Game In Development Looks Like
19.9.2022
Last night a ton of videos leaked online that are likely from Grand Theft Auto VI, a video game currently in development and probably years away from release. The footage is rough, in many instances using little more than placeholder assets, and it is both the most remarkable and most normal thing...
Ethereum-Based ‘Cryptoruble’ Token Under Development in Russia
18.9.2022
Developers are working on a “cryptoruble” that, as they say, can improve Russians’ access to global exchanges and be used for cross-border payments. Defi platform Indefibank, which is behind the project, says the token will be pegged to the national fiat but independent from...
Crypto Payment Infrastructure Firm Opennode to Test Bitcoin Payments in Bahrain
18.9.2022
Opennode, a bitcoin payment infrastructure firm, recently said it will run trials of its bitcoin processing and payout solution through the Central Bank of Bahrain’s regulatory sandbox. According to Dalal Buhejji, an executive director with the Bahrain Economic Development Board, the central...
White House Releases ‘First-Ever’ Framework for Digital Asset Development — Crypto Industry Leader Says Recommendations Are Unclear
17.9.2022
The White House has now released what it called its “first-ever” comprehensive framework for the responsible development of digital assets just over six months after U.S. President Joe Biden signed an executive order on the same matter. However, one crypto industry leader has lamented...
Square Enix Exploring Blockchain Game Development as Part of Oasys Project Partnership
16.9.2022
Square Enix, one of the biggest Japan-based gaming companies, has inked a partnership with Oasys, a Web3-oriented blockchain project. As part of this partnership, Square Enix will be part of the first 21 validators of the Oasys network, and will explore new possibilities regarding developing...
CoinShares’ Meltem Demirors Tires of Crypto In-fighting, Sees Evolutionary Crypto Development Ahead
15.9.2022
Meltem Demirors, the chief strategy officer at publicly traded digital asset manager CoinShares, has called for the cryptocurrency industry to put its house in order and embrace regulations.
Speaking on the Chain Reaction podcast, she opined that the infighting by crypto market participants...
BNB Smart Chain Teams Up With Google Cloud to Accelerate Web3 Development
15.9.2022
BNB Smart Chain, the blockchain developed by major crypto exchange Binance, has announced a strategic partnership with Google Cloud, the cloud computing services arm of multinational tech conglomerate Google. ...
Read More: BNB Smart Chain Teams Up With Google Cloud to Accelerate Web3 Development
Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December
15.9.2022
The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Working with other regulators, they should also present a common position on the legislation...
Sci-Fi NFT comic book project lays the foundation for CCG development
14.9.2022
DAO members vote and decide on the future of the story by minting, collecting and crafting panels and pages of comic book issues
Linux to launch Foundation to support digital wallet development
14.9.2022
The foundation apparently does not intend to create its own digital wallet, however. Its' goal is to make it easier for companies to create wallets for themselves
Linux Launches Foundation to Bolster Open-Source, Multi-Purpose Crypto Wallets
13.9.2022
On Tuesday, the non-profit technology consortium, the Linux Foundation, announced the launch of the Openwallet Foundation (OWF) in order to bolster the development of open-source crypto wallets. OWF’s goal is to increase “interoperability for a wide range of wallet use cases”...
Weekly active crypto devs drops over 26% over the last 3 months
9.9.2022
Blockchain developer activity is one of the most crucial metrics in measuring the success of a smart contract platform — one that lacks developers will struggle to grow
Report: Chinese Metaverse Industry Raises $780 Million in Funding
5.9.2022
The Chinese metaverse industry has reportedly raised about $780 million in funding and there are expectations this will grow to be a $5.8 trillion industry by 2030. So far there are 160,000 virtual human enterprises in China while 20 provinces or cities in the country are reportedly supporting...
Creators of the Otherside Metaverse Drop New Teaser Video Featuring Creatures Called Kodas
3.9.2022
Yuga Labs, the creators of the popular Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Bored Ape Kennel Club (BAKC) non-fungible token (NFT) collections, has released another video clip showcasing the Otherside metaverse. The second Otherside trailer features characters called...
L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration
1.9.2022
The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement...