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Animoca Brands, led by CEO Robby Yung, is setting a new standard in the world of Web3 gaming. Speaking at an NFTUK event in London, Yung touched on the transformative potential of interoperability in this space and its power to attract new players.Web3 Gaming: The New ArenaAccording to Yung, Web3 games, unlike their predecessors, allow for the seamless sharing of digital assets in the form of NFTs across various platforms. This interoperability could potentially draw players from well-known games to newer ones, in a strategy likened to “vampiric attacks” seen in decentralized finance (DeFi). However, instead of draining resources, Yung…

Yuga Labs is looking to streamline the process of trading CryptoPunks collectibles. The company has unveiled a new wrapper called the CryptoPunks721, aiming to simplify transactions involving these early-minted NFTs.Pre-2018 NFT Trading IssuesCryptoPunks, initially minted in 2017 before the full-scale adoption of the ERC-721 standard in January 2018, are storied for being among the pioneers in the NFT space. However, their operational roots in a pre-development landscape create a challenge for modern digital marketplaces. Before these vintage NFTs can be traded, they need to undergo a process called “wrapping”.In essence, wrapping constitutes the creation of an equivalent token or clone…

In the rapidly evolving landscape of blockchain technology, Neon EVM, a smart contract on Solana (SOL) has emerged as a frontrunner by introducing a landmark parallel processing architecture on its mainnet. This approach has enabled Neon EVM to achieve an increase in performance, scalability, and efficiency, according to a press release share with NewsBTC. Neon EVM Dominates Transaction Processing Neon EVM, the first parallel Ethereum Virtual Machine (EVM) on mainnet, has achieved a record-breaking 730 Transactions Per Second (TPS) on its mainnet. Notably, this is the first time such high tps has been achieved on an EVM mainnet. Related Reading:…

Blockdaemon will integrate the cross-chain messaging capabilities of LayerZero into its self-custodial wallet. The partnership further enhances LayerZero’s security, Ryan Zarick, CTO of LayerZero Labs said. Blockchain infrastructure firm Blockdaemon is partnering with LayerZero Labs, the developer behind omnichain interoperability protocol LayerZero, to add cross-chain capabilities to its self-custodial wallet. Blockdaemon to also operate a DVN on LayerZero According to an announcement, the partnership with LayerZero Labs also sees Blockdaemon become the blockchain messaging protocol’s infrastructure provider. Blockdaemon will also operate a Decentralized Verifier Network (DVN) on LayerZero. Other entities that will run DVNs include Animoca Brands, Google Cloud and…

Taki Games, a prominent Polygon-based mobile gaming network, has joined forces with Web3 tokenisation platform Smart Layer to distribute a mini-game entitled ‘Pac Cat’ – based on the latter’s derivative NFT collection Smart Cats – via their Bored Button app in January 2024.The flagship app of the Taki Games network, Bored Button’s engaging games have helped it to amass over 5 million downloads to date. Pac Cat will see each Smart Cats owner interact with their collectibles in an experience inspired by the likes of Tamagotchi and Pac-Man.Innovating Web3 Accessibility in Mobile GamingTaki Games and Smart Layer are looking to…

In the last week, markets for non-fungible tokens (NFTs) minted on top of Bitcoin have generated approximately $425.63 million in sales. The leading ten NFT collections over the seven-day period all originate from the Bitcoin blockchain. Several collections of Ordinal inscriptions based on Bitcoin are witnessing substantial trading volumes, establishing strong baseline values for these digital collectibles. Bitcoin NFT Market Continues to Evolve In the past six weeks, Bitcoin-based NFTs, also known as Ordinal inscriptions, have been selling at an impressive rate. In November, NFT sales from Bitcoin exceeded those from Ethereum, and this trend has persisted into December. Data…

Digital finance technologies hold a lot of transformative potential. Distributed ledger technology (DLT) – of which blockchain is the best known example – powers digital bond issuances that, in time, could lessen the need for intermediaries in the issuance process, thereby improving operational efficiency and potentially reducing costs. DLT also underlies tokenization of real world assets, which could increase accessibility of certain instruments. However, to make these potential benefits a reality and gain wider adoption, in Moody’s view, DLT-based technologies and platforms will need to overcome several key hurdles, including a lack of interoperability and standardization among DLT systems, a…

As of mid-December 2023, SSV.Network supports dozens of staking applications working together with over 2,000 validators and 80 operators. The product leverages innovative Distributed Validator Technology (DVT) for transparent and decentralized ETH staking. SSV.Network staking infrastructure exceeds $140 million in TVL According to the official statement of SSV.Network, its users injected over $140 million in Ether (ETH) equivalent to its staking facilities. The array of applications utilizing SSV’s technology eclipsed 66,000 Ethers (ETH) in TVL within months of the mainnet launch. One benefit of SSV is increased fault tolerance, which translates to better effectiveness on-chain, maximizing rewards for validators.SSV maintains…

ETransfer is a decentralized application (DApp) operating on the aelf blockchain. It is revolutionizing the landscape of cryptocurrency transfers. It focuses on the seamless exchange of USDT within the aelf network and across nine major blockchains. This cutting-edge platform supports aelf, Ethereum, Tron, BNB Smart Chain (BSC), Arbitrum One, Solana, Polygon, Optimism, and AVAX C-Chain. Portkey App Simplifies Deposit Process Desktop users can access ETransfer via its website, while mobile users can use the Portkey App for a smoother experience. Tapping the “Deposit” button on the home screen opens the Portkey App’s user-friendly mobile interface. ???????????? NEW #DApp on aelf:…

Who makes the decision to release a new game? The Marketing department? Quality control? Some management committee? How about everyone? The decision to launch Wallet Wars, a Web3 iteration of the 1970s arcade game Space Invaders, was taken by a decentralized autonomous organization (DAO) after the Balthazar DAO voted 1,800-12 to approve the move. It went live Dec. 15 after more than a year of development. The vote took place on Snapshot, a DAO voting portal. The release of the game, created by Australian John Stefanidis, isn’t the only aspect that’s being delegated. A decision on whether and when to…