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Revolutionizing Blockchain Accessibility: Alchemy Pay and Internet Computer Unite Alchemy Pay, a pioneering force in bridging the gap between fiat and cryptocurrency, has announced a groundbreaking partnership with Internet Computer, a trailblazing decentralized web3 cloud platform. This alliance marks a significant leap in blockchain technology integration, making Internet Computer’s native token, $ICP, more accessible than ever. The Internet Computer: Pioneering the Future of Decentralized Applications Internet Computer stands apart as the sole blockchain capable of hosting decentralized applications at web speeds, effectively functioning as a global computer. This platform not only aims to replace traditional IT frameworks but also fosters…
LayerZero is live on the Frame testnet, enabling developers to send messages across chains and bridge their NFTs to Frame. This can be done via the ONFT standard, which facilitates the movement of a bridged, non-fungible token both ways. For instance, a token minted on Sepolia can be transferred to Frame Test and from Frame testnet to Sepolia. The movement of an NFT across chains helps creators earn more royalties, irrespective of the source of its origin. The development was announced by Frame, shedding light on the fact that the process is going to be seamless. It could expand the…
Belgium plans to accelerate the development of a European blockchain infrastructure during its presidency of the EU Council in early 2024, according to the goveernm. The proposal aims to facilitate the secure storage of official documents like driving licenses and property titles. The development of public blockchain for the pan-EU infrastructure is among the four priorities of Belgium’s upcoming presidency, the country’s secretary of state for digitization, Mathieu Michel, told the Science|Business media on Nov. 21. The remaining three initiatives will take on the matters of artificial intelligence (AI), online anonymity and the skills, necessary for the digital economy. Related:…
Crypto data aggregator CoinGecko has made its first acquisition by purchasing NFT data startup Zash. CoinGecko plans to incorporate Zash’s NFT data into its platform by the second quarter of next year, the firm said Wednesday. The deal terms weren’t disclosed; Web3 Studios served as the financial advisor for the transaction, CoinGecko said. Zash was founded in 2021 at Entrepreneur First, a European startup accelerator backed by veterans including LinkedIn co-founder Reid Hoffman and Stripe co-founder John Collison. Zash initially created a social investing app “verified by real on-chain and broker data” but pivoted to NFT data due to a…
On Nov. 21, 2023, Blast, a new second-layer solution on Ethereum (ETH), caused unprecedented hype on social media. By press time, over $87 million in liquidity is injected into this on-chain bridge. What is Blast, novel Ethereum staking L2: Highlights Blast L2 protocol attempts to change the way Ether (ETH) is staked on-chain. It employs a number of eccentric mechanisms designed to offer more profitable and seamless staking for ETH holders. Blast is promoted as a second-layer protocol on top of Ethereum (ETH), the largest programmable blockchain. Per the statement of its team, Blast automatically stakes all injected crypto in…
Undeads has unveiled Undeads Rush, a game created for Undeads Metaverse NFT holders. Set amidst a zombie-inspired universe, the game offers players chances to earn rewards in an engaging environment. This launch serves as a temporary entertainment option while the main AAA game for the Undeads Metaverse is being developed, which is anticipated to take 16-18 months.Integrating NFTs and Rewards in Undeads RushIn recognition of its NFT holders, Undeads Rush integrates NFTs into the gameplay, letting players utilize them to unlock game features and amass rewards. Players can monitor their accomplishments on the official Undeads website’s leaderboard.Additionally, the team has…
As NFT marketplace Blur sets its sights on a so-called Season 3 of rewards for traders, one JPEG flipper walked away with more than $8.4 million worth of airdropped BLUR tokens from Season 2. Factoring in how active the trader was—across NFT bids, listings, and lending activity during its months-long Season 2—Blur awarded the pseudonymous Hanwe’s hanwe.eth wallet with 22.85 million BLUR tokens, according to a Dune dashboard. The airdropped tokens were worth around $7.3 million when claimed late Monday, shortly after Blur’s Season 2 ended at 6 pm ET, but the token has risen in value since. Blur’s token…
Entrepreneurs and professionals eyeing Web3 are likely both enthusiastic and wary. While seeming “overnight success” stories are alluring, there’s also no doubt that the crypto and blockchain industry has seen its share of bad actors. Further, the unfamiliarity of the industry’s technologies, methods and philosophies can be daunting to a newcomer. The members of Cointelegraph Innovation Circle are crypto pioneers who’ve played a significant role in scouting and forging a path ahead for those who are just now entering the industry. Below, 14 of them discuss the details and truths they wish they’d known when they first entered crypto and…
The founder and lead developer of the Ethereum Name Service (ENS), which aims to simplify blockchain usage by providing human-readable domain names, said he’s “prepared to go to the mat” in an intellectual-property dispute with rival Unstoppable Domains. The comments, made by Nick Johnson in an interview with CoinDesk, come days after a spat between the companies broke out on X (formerly Twitter). Johnson claimed in an “open letter” that Unstoppable won a patent in January “based entirely on innovations that ENS developed” and that he now fears the rival company might press the advantage for its benefit. He said…
A new Ethereum layer-2 rollup, announced Monday, has already attracted $27 million in total value locked (TVL), but there’s a twist: It doesn’t yet exist. The promised network, Blast, would launch as an optimistic rollup in February 2024, but its backers immediately began soliciting deposits into a smart contract “bridge.” In the span of half a day, the contract has amassed enough ether (ETH) and dai (DAI) to put it at number 16 in L2Beat’s TVL rankings, ahead of established names such as derivatives DEX Aevo and Arbitrum Nova. The announcement touts Blast as “the only Ethereum L2 with native…
