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SAN FRANCISCO – Ankr, in partnership with Optimism, introduces its groundbreaking Rollup as a Service, offering businesses and developers a streamlined process to configure and launch dedicated OP Chains. These chains inherit the technical and governance advantages of the Superchain ecosystem.— Ankr will provide the necessary engineering and infrastructure, making it easier than ever to deploy new OP Chains. The collaboration between Ankr and Optimism was officially announced during OP Labs’ Onchain Summit at Devconnect in Istanbul.Ankr’s Rollup as a Service empowers users to establish an independent OP Stack-based L2, exclusively catering to the needs of their applications or projects.…

In a recent blog post, Ethereum co-founder Vitalik Buterin revisited the concept of Plasma, a once-prominent scaling solution, underscoring its potential resurgence in the blockchain ecosystem with new technological advancements. As Vitalik Buterin explains, Plasma, a blockchain scaling framework first introduced in 2017, is poised for a comeback. Initially overshadowed by rollup technology due to its inherent limitations in client-side data storage and adaptability beyond simple payments, Plasma is garnering renewed attention. Buterin’s perspective, shaped by advancements in validity proofs, particularly ZK-SNARKs, highlights how these developments could mitigate Plasma’s previous shortcomings. Editor’s Note: For those who struggle with Vitalik’s complex…

Disney, the iconic, century-old brand known almost as much for its pursuit of technical innovation as much as its continually expanding catalog of entertainment products, is taking another stab at digital collectable non-fungible tokens (NFTs). This time it’s through a partnership with Dapper Labs, the Vancouver-based blockchain firm with experience building successful, consumer-facing Web3 apps including NBA Top Shot. And thus, Tuesday launches Disney Pinnacle, a mobile-based application being unveiled at 9:00 A.M. in an “early access, closed release” for invited users (aka a waitlist to join a testing and feedback phase). An official launch will follow “soon thereafter” on…

INATBA forms Industrial Blockchain Task Force to evaluate blockchain tech projects in Europe. Task Force aims to enhance innovation and collaboration in industrial sectors using blockchain, with a focus on VeChain. The International Association for Trusted Blockchain Applications (INATBA) has launched a groundbreaking initiative, the Industrial Blockchain Task Force, featuring key industry players like VeChain. This task force brings together experts from both the public and private sectors to assess and scrutinize tech infrastructure projects employing blockchain technology. The primary objective is to deliver a comprehensive report by January 2024, mapping these projects and evaluating their technical foundations, identifying synergies,…

Social networking app MeWe said it was able to migrate around 170,000 of its users to Web3 while avoiding disrupting their experience in the months following its integration with the Frequency blockchain, according to an emailed announcement shared with CoinDesk on Tuesday. MeWe said at Consensus 2023 in April that it would be adopting the Polkadot parachain Frequency to bring self-sovereign blockchain-based identities to its 20 million users. Frequency evolved out of the work of the Decentralized Social Networking Protocol (DSNP), which allows applications to deliver Web3 features to their users. DSNP was supported by Project Liberty, a non-profit funded…

In the weeks leading to November, nonfungible token (NFT) data showed a consistent upward leap in weekly sales. While the volume is still far from its peak in 2021, executives in the industry believe the upward trend will likely continue. On Nov. 6, data published by blockchain analytics firm Nansen showed that NFT sales volume leaped from $56 million in the week ending on Oct. 9 to $129 million in the week ending on Nov. 6. NFT sales volume data in the last year. Source: Nansen According to Jonathan Perkins, the co-founder of NFT marketplace SuperRare, this trend is likely…

Modhaus, a South Korean blockchain-based K-pop startup, has raised $8 million in its series A funding round led by Sfermion, a U.S. venture capital, to fuel its growth to introduce more blockchain-based use cases in the Korean entertainment world. The company said in a statement shared with The Block that the funding round was also participated by investors including SM Culture Partners, Laguna Investment, KDDI Open Innovation Fund III and Foresight Ventures. Founded in December 2021, Modhaus has formed tripleS — a K-pop girl group that has over 1.74 million subscribers on YouTube — through its non-fungible token voting system.…

The world of Web3 gaming is experiencing an exciting, dynamic shift – with the Asia Pacific (APAC) region taking a strong leadership position. Home to approximately 40% of the world’s game developers, APAC is now the epicenter of this emerging digital revolution.United States and South Korea in the RunningChasing APAC’s lead, the United States follows closely, hosting about 30% of the Web3 game developers, while South Korea has made an impressive leap with its contribution nearly doubling to 27%.Key markets shaping the industry’s landscape extend to South Korea, the United Kingdom, Singapore, Vietnam, Australia, and the U.S., signifying the global reach of…

Major NFT collections see increased demand as sales and trading volume soar across several networks. As the crypto market rallied after a prolonged crypto winter, the non-fungible tokens (NFT) market also hints at a comeback — the trading volume of several major collections recording significant highs after months of steady decline. NFT markets are rallying again ????Here’s all the bullish news you need to knowIn 4 minutes or less ???? pic.twitter.com/GuZM6X2zQu — Bankless (@BanklessHQ) November 12, 2023 According to the data from Coingecko, the floor prices of the top 15 NFT collections have significantly soared over the last few days,…

Following the recent news that the Solana-based NFT wallet app Backpack will launch a cryptocurrency exchange based in Dubai, the company has added former FTX general counsel Can Sun to lead the exchange. And now Backpack’s associated NFT project, Solana’s Mad Lads, has soared to an all-time high price. Sun will lead Trek Labs, according to The Wall Street Journal, the Dubai-based startup tied to Backpack and its maker Coral. The news comes just weeks after Sun testified against ex-boss Sam Bankman-Fried in the U.S. government’s fraud trial against the FTX co-founder and former CEO. Sun cooperated with prosecutors and…