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Goldman Sachs has been a pioneer in the traditional financial sector with its investment in the digital asset ecosystem, and it’s not slowing down, Mathew McDermott, global head of digital assets at Goldman Sachs, said Tuesday at the Blockworks Digital Asset Summit in London. “We launched the desk [in] 2021,” McDermott said, noting that he believes Goldman Sachs is still the only bank that offers liquidity in cash-settled derivatives, options and futures crypto trading. “And it’s something that we’ve continued to kind of build on through the last few years and it was great,” McDermott added. “Last year was tough,…

Dune, a prominent data analysis platform, has integrated with Colorful Notion, introducing Polkadot’s (DOT) comprehensive analytics to the Dune ecosystem, according to the information shared with Finbold on March 19. This partnership marks a significant milestone in bringing Polkadot and Kusama (KSM) relay chain data to Dune for the first time. Dune users now have access to information from AssetHub for Polkadot, Astar, Bifrost, Hydradx, Interlay, and Centrifuge parachains, all within the Dune environment. Making Polkadot more accessible This collaboration not only expands the range of data available on Dune but also improves accessibility. Robert Habermeier, Polkadot co-founder and a…

Outlier Ventures, a global leader in Web3 acceleration, has partnered with peaq to introduce the DePIN Base Camp accelerator program. Designed to nurture early-stage Web3 founders across all blockchain platforms, the initiative aims to empower startups developing applications, products, and protocols leveraging digital networks, decentralized infrastructures, and data services.—The program is scheduled to kick off in May 2024. Spanning a duration of 12 weeks, the virtual accelerator program promises workshops led by industry experts from Outlier Ventures and peaq, along with mentorship opportunities and potential investments of up to $200,000 USD for participating teams. The DePIN Base Camp seeks to…

If you are a multi-chain user, you have probably heard of Pyth Price Feeds. They crop up everywhere in the context of L2s and EVM networks – as well as on a host of non-EVM chains including Solana. But while this infrastructure technology may be ubiquitous, it’s not widely understood. Unless you’re a developer, price-feed oracles are an abstract concept at best. Here’s how they work with Pyth – and why they’re so important in the omnichain era. Oracles everywhere Pyth Price Feeds are a popular type of oracle designed to deliver real-time data from an array of markets. Blockchains…

Outlier Ventures and peaq have announced a groundbreaking collaboration to launch the DePIN Base Camp Accelerator program. Decentralized physical infrastructure networks (DePINs) can be developed and used faster with this initiative. DePINs reportedly will change many aspects of life. peaq and Outlier Ventures (@OVioHQ) present:DePIN Base Camp ????️An accelerator program empowering the next generation of visionary #DePIN founders, by #Web3’s biggest accelerator and fastest-growing Layer-1 for #DePINs ✨⏰ 12-week program???? Up to $200k in funding????… pic.twitter.com/Dl6x2wfTy6 — peaq (@peaqnetwork) March 19, 2024 DePIN Base Camp to Launch 12-Week Program DePINs are at the forefront of the transition to Web3. They…

It is another proud moment for TOKI, and they have made cross chain swapping of Japanese Stablecoin via IBC a crystal clear reality. TOKI’s IBC-backed technology has again shot into the limelight by conceptualizing BNB and Ethereum chain transfers on a public testnet. It may mark the adoption of the protocol by financial organizations based in Japan, beginning with cross chain transfers of stablecoins. This development can be viewed as a small beginning to a huge step that will revitalize crypto space. Progmat and TOKI have successfully collaborated to build a cross-chain infrastructure for issuing Japanese stablecoins. This cross-chain architecture…

The Hyperledger Foundation currently has 134 members, including DTCC, IBM and American Express. Hyperledger also announced the launch of a financial services working group, which includes the likes of Accenture, Mastercard and Visa. Citi and the Brazilian Development Bank (BNDES) have joined the Hyperledger Foundation to work collaboratively on fostering enterprise-grade services and solutions using blockchain technology. Enterprise blockchains are permissioned and, therefore, can be accessed only by verified users, unlike public blockchains. The Hyperledger Foundation is a global ecosystem for enterprise blockchain technology, which currently has 134 supporting members, including IBM and American Express, according to the company. Members…

In a significant move that marks the melding of cutting-edge Web3 solutions and interoperable blockchain infrastructure, THXNET., a pioneering entity in the Web3aaS (Web3 as a Service) sector, has unveiled a strategic partnership with Coinweb, a prominent layer 2 interoperability platform. This collaboration is poised to usher in a new era for the Web3 ecosystem, enhancing the transition of Web2 enterprises into the decentralized realm. THXNET., recognized for its comprehensive Web3aaS Plug & Play Blockchain Network innovations, aligns its resources with Coinweb’s advanced technological framework. This partnership is fueled by a mutual commitment to improve blockchain interoperability and scalability, thereby…

Developed by Parallel Studios, the creators behind the popular Ethereum-based NFT game Parallel, Colony is a survival simulation crypto game that utilizes AI and is built on the Solana blockchain. With its unique concept and advanced technology, Colony has already generated buzz in the gaming community.Advancing AI in Blockchain GamingAccording to a white paper published by Parallel Studios on March 14, Colony aims to advance the use of AI agents within blockchain gaming and general-purpose applications. The game introduces AI-powered agents with continuous learning abilities, allowing for the development of unique personalities and worldviews.Players’ interactions with these agents start by…

In the world of digital art, a new record was set on Monday when an Ethereum-based Non-Fungible Token (NFT) of the popular Dogwifhat meme sold for a staggering $4.3 million worth of ETH. This sale has officially made it the most expensive meme NFT ever sold, surpassing previous records and solidifying the growing market for digital collectibles.The Dogwifhat SaleThe highly coveted NFT was put up for auction on the popular digital art platform Foundation, where it caught the attention of many eager bidders. After a competitive bidding war, GCR, a notable pseudonymous crypto trader, emerged as the winning bidder with…