Author: Jeremy Ryan

Gibraltar testnet, Espresso System’s fourth testnet launch, is now publicly available for Arbitrum developers. The blockchain scaling and infrastructure company is known for its decentralized sequencer solution. Sequencers are responsible for processing and ordering transactions from a mempool into blocks that are then sent to a virtual machine. They can be compared to validators on monolithic blockchains or layer-1 networks, and play an important role in securing the network. The problem with sequencers today is that many rollups run their own sequencers with their own execution environments, and zero-knowledge solutions run their own provers. Thai introduces trust assumptions and centralization…

Base, Coinbase’s layer-2 Ethereum scaling solution, did not acquire as many users as other chains did in 2023. A recent report by Web3 analytics firm Flipside Crypto shows that in 2023, Base acquired a little under two million users. When compared to layer-1 blockchains including Ethereum, Bitcoin, Solana and Avalanche, which respectively saw 15.4 million, 10.7 million, 5.6 million and 2.5 million new users, Base’s adoption remains on the lower end. This is similarly the case when compared to layer-2 chains, including Optimism, Arbitrum and Polygon, which saw 3.3 million, 7.3 million and 15.2 million acquired users in 2023, respectively.…

Magnus Resch has been called many things: an art collector, a storyteller and at least once, by CNN, “the world’s leading art market economist.” He’s run galleries, taught in the Ivy League and has tried to quantify the often opaque world of art collecting. In his new book, “How to Collect Art,” which will be published by Phaidon in February, Resch tries to give an objective answer to the very subjective question of what artworks are right for me? Beyond the mantra of “buy what you like,” Resch attempts to offer a systemic approach to actually turning a profit by…

The integration of blockchain technology with sports fan engagement reached a new zenith last November when a group of CR7 NFT holders had the privilege of joining soccer legend Cristiano Ronaldo for a training session in Lisbon. This encounter was not just a meet-and-greet but an immersive training experience with a soccer legend. The session, part of the CR7 ForeverZone Collection initiative, was an unprecedented event, affording a select few the chance to hone their soccer skills under the tutelage of Ronaldo himself. The Golden Ticket holder from the collection and other recipients from “The GOAT NFT” collection were joined…

Embarking on an eagerly awaited chapter, Axie Infinity launches ‘Homeland Beta’ — a gripping Land-based game that offers an immersive experience to players in the virtual world of Lunacia.The Land Delegation marketplace is a website where Landlords create their own delegation contracts to which Stewards apply.Set AXS reward splits, delegation time period, termination clauses, and even plot rights. pic.twitter.com/jVwcCtZqVh— Axie Infinity (@AxieInfinity) January 19, 2024Open to Novices and VeteransFor those who already own Land, the process is equally user-friendly. They can swiftly link their Ronin Wallets to their Sky Mavis accounts, enabling them to begin playing directly on their personal…

KT Corporation, the South Korean telecommunications giant with over $32 billion in total assets, is closing down its non-fungible token platform, MINCL, as of March 4. The company cited “shifting business conditions” as the reason behind the closure of the platform, operated under the group’s digital transformation subsidiary KT Enterprise. The announcement guided holders of KT Wiz Rookie Pack NFTs — its digital card collectibles commemorating the company-owned professional baseball team — to transfer the NFTs to e-wallets outside of MINCL. Users will not be able to view or download any remaining NFTs past the service conclusion date. Launched in…

Peersyst Technology is a blockchain technology firm known for developing solutions that leverage blockchain technology. They specialize in creating decentralized applications (dApps), smart contracts, and other blockchain-based services. Their focus often lies in enhancing the efficiency, transparency, and security of various processes and systems through blockchain integration. Peersyst Technology has initiated 2024 with significant progress toward launching the much-awaited Ethereum Virtual Machine (EVM) Sidechain for the XRP Ledger. This development, in collaboration with RippleX Development team, marks a pivotal step in blockchain interoperability and functionality. For those unfamiliar with the concept of sidechains, they are essentially separate blockchain networks that…

Breaking Records! ⚡????‍♂️We’re thrilled to announce that just 6 days after the #GasHero launch, we’ve become NO. 1 in 24-hour NFT trading volume across all chains!Yesterday, we also surpassed the total 24-hour #Ethereum NFT trading volume with our cumulative Gas Hero… pic.twitter.com/unm3cDMqob— Gas Hero Official (@GasHeroOfficial) January 8, 2024Guild of Thrones ????Calling all the best guilds and Web3 streamers out there! Gas Hero is thrilled to introduce the Guilds of Thrones Program – an incredible opportunity for talented guilds to join forces with us!Overview & Purpose ????The Guilds of Thrones Program is… pic.twitter.com/JfJRd73IJp— Gas Hero Official (@GasHeroOfficial) January 24, 2024Want…

Blockchain protocols frequently pride themselves on their “permissionlessness” – the idea that anyone, anywhere can build on top of a protocol without asking for explicit approval. But in practice, it is sometimes wiser to ask for permission. Last October, LayerZero, the market-leading firm that builds interoperability infrastructure for blockchains, set up a crypto bridge allowing users to move Lido’s popular staked ETH (stETH) token to other networks, including Binance’s BNB chain and the Avalanche blockchain. LayerZero had asked Lido DAO – the community that governs the protocol – for its endorsement, but it deployed the bridge before waiting for the…

The $62 million in weekly trades was driven by NFT collections like Tensorians, CryptoUndeads, and Froganas. Solana’s non-fungible tokens (NFTs) weekly trading volume surpassed $62 million, showing a 25% rise according to on-chain data aggregator CryptoSlam. After a slow January start, Solana (SOL) NFT activity seems to be picking up, with almost $190 million in trading volume this month. In December 2023, Solana’s NFT sales volume went over $365 million and overtook Ethereum’s, only standing behind Bitcoin’s market share. Even with the relatively small volume when compared to last month’s, January’s total amount of sales is the highest Solana has…