Aave will leverage Pocket’s distributed network of 44,000 nodes to access on-chain data from various blockchains. Aave (AAVE), an open source decentralized finance (DeFi) protocol, is teaming up with decentralized Web3 infrastructure provider Pocket Network to offer developers increased scalability and ease of use when building decentralized applications (DApps) on the Aave Protocol. According to […]
Cryptocurrencies hijack most blockchain-related headlines, but their underlying technology’s adoption has been growing rapidly. A blockchain can be seen as a distributed database whose information is stored across every node running the network. Because the database is distributed among those running the network, it guarantees data stored within it is accurate and securely stored. As […]
The municipal government pledged to support the enterprises that are discovering the non-fungibles market. China’s biggest city Shanghai officially intends to boost the development of innovations such as blockchain, nonfungible tokens (NFTs), metaverse and Web3 in general during its next five-year plan. On July 13, Shanghai’s Municipal Government published the draft of its “14th Five-Year […]
When liquidity is low, big crypto trades can cause big movements in the prices of some coins. This exchange’s new feature is designed to tackle that. Large crypto orders can be challenging — and it can be difficult to get consistent, favorable prices when the markets are moving quickly. But now, a crypto exchange has […]
Dunamu would open offices in major cities and create about 500 new startups focused on NFTs and the Metaverse. Dunamu, a major fintech firm in South Korea that operates crypto exchange Upbit and several other blockchain and securities platforms, is planning to invest 500 billion won ($380 million) to create about 10,000 new Web3 jobs […]
Cloud may be the missing piece between businesses and the prevalence of more widespread blockchain use cases. While many businesses are intrigued by the proposed benefits that the blockchain can provide, finding technical experts has proven to be another concern altogether. Since blockchain technology is relatively new, few know the ins and outs of troubleshooting […]
Bitcoin Will Make a Comeback, Rockefeller International Chairman Says. “We need the excesses to get weeded out,” Ruchir Sharma told CoinDesk TV. Bitcoin (BTC) is fundamentally a good idea that has been spoiled by too much cheap money and speculative interest, according to Rockefeller International Managing Director and Chairman Ruchir Sharma. Sharma, a former emerging […]
Crypto exchange OKX, formerly OKEx, announced on Sunday that it will invest more than $20 million to sponsor Manchester City’s training kit this season. It became a partnership with Manchester City in March and will continue to expand its investment in it, becoming the club’s official training kit partner for the 2022-23 season. The partnership […]
Web3 payments revolution startup Fuse has officially launched the blockchain payment API platform Fuse Charge. On May 10, Fuse Labs announced a $5 million investment from Israeli-listed digital asset company Tectona, which will be used to advance the development of Fuse Charge, a Fuse SaaS product that enables developers to rapidly build applications that can […]
With the crypto market’s downturn, it’s essential to focus on what the blockchain technology industry has always suggested: build. By the end of May, Bitcoin’s (BTC) price had dropped 40%; Ether (ETH) had lost 50% of its value; and the entire crypto market dipped below its $1-trillion capitalization for the first time since January 2021. […]