Author: Jeremy Ryan

Klaytn KLAY +26.29% , a Layer 1 blockchain network backed by South Korean internet giant Kakao, and Finschia, a major blockchain in Japan developed by messaging conglomerate LINE, have proposed merging the two blockchains — a move claimed to potentially create Asia’s largest web3 ecosystem. Klaytn Foundation and Finschia Foundation said in a joint statement today that they intend to form a new blockchain supporting both EVM and CosmWasm frameworks. The two foundations will also merge into one organization — if the proposal is approved. The pair noted that the new mainnet will inherit Klaytn’s integration with KakaoTalk and Finschia’s…

A federal court in the U.S. has accepted the validity of using information contained in a Bitcoin transaction to notify a defendant about a civil action. The case, believed to be the first where this method is accepted, might help solve hundreds of cryptocurrency theft cases in which the attacker’s identity is unknown. Federal Court Admits Bitcoin Op Return Usage to Serve a Defendant Bitcoin is starting to be accepted as a communication means in civil cases. A federal court has accepted the validity of using the information in a Bitcoin transaction to inform an unknown defendant about his involvement…

As generative artificial intelligence (AI) continues to be in the spotlight, a group of Japanese experts has established a think tank to prevent copyright issues stemming from using AI models in the creative process. Dubbed the “Anime Chain Preparatory Committee,” the think tank includes AI and blockchain experts in Japan. In a report by Animation Magazine, the think tank is building an AI model with opt-in training data for anime creators to use without the hassle of dealing with copyright claims. The model will rely on blockchain to ensure the “transparency and legitimacy” of training data, recording processes on-chain for…

A new scam aimed at the Web3 gaming industry has recently been discovered. The scam, which targeted developers and game enthusiasts, employed new deceptive tactics.Unmasking The Scam It all started innocuously enough, with a direct message on Twitter from an account named @ameliachicel. The account offered a job opportunity centered around a Web3 game called MythIsland. The job was for a Solidity position, a popular programming language used for implementing smart contracts.It started a few days ago when @ameliachicel (who has me blocked now) approached me in a DM, offering a job opportunity related to a Solidity position for a Web3…

GameStop has given up on NFTs. Less than three years after first hinting at its interest in NFTs, GameStop is ditching its NFT marketplace. The game retailer, which began as a U.S.-based brick-and-mortar operation back in 1984, has recently struggled to maintain a profitable business. GameStop was profitable for the first time in years in late 2022, but this followed company-wide layoffs and a corporate exit from some European countries. Here’s a look into the rise—and fall—of GameStop’s NFT plans. April 2021: GameStop seeks a blockchain analyst Back in April 2021, a GameStop job listing for a blockchain security analyst…

Neo Express has been updated with a number of new features and fixes. As of the latest release, v3.6.94, developers will find new commands for contract updating, executing arbitrary scripts, and token standards validation on deploy. Key to this update are several new commands, including an update command for contracts as a more user-friendly method for making modifications to deployed code. Other additions include an execute command, for running arbitrary scripts, and a vote command to facilitate governance participation without manual NeoToken native contract invocations. The latest release notably includes a NEP-11/17 validator, which will run at contract deployment if…

Blockchain technology is revolutionizing the digital world and financial system. The prospect of learning to program these complex systems can seem daunting. However, insights from a well-known blockchain developer suggest that this journey might be more accessible than many anticipate. Indeed, the learning curve for those interested in programming blockchains and developing smart contracts might not be as steep as one might think. Start With the Basics Jhony Grillet, CEO of El Aguacate Programador, told BeInCrypto about the importance of focusing on basic concepts with specific demos from particular blockchain stacks. This approach contrasts with trying to cover every aspect…

A mysterious message was inscribed on the Bitcoin blockchain on Sunday—and the riddle held within has Bitcoiners eager to figure out the meaning in case there’s a hidden tease about a hot new Ordinals art project. “10,000 sats, side by side,” the message found in Ordinals inscription 55,365,041 reads. “A single UTXO, untouched inside. Born together, cursed at heart. Built with code, Bitcoin Art.” The message was followed by a string of numbers 391481082118 – 391481092117. In cryptocurrency, Unspent Transaction Output (UTXO) refers to the amount of that currency, in this case, Bitcoin, that remains after a transaction. The unspent…

According to a Jan. 15 post by CoinGecko on X, just under half of the world’s global fashion brands, including Adidas, Nike, and Puma, have NFT collections. This release comes at the same time the OpenSea CEO, in a Bloomberg interview, expressed the platform’s intention to develop the most compelling use cases for non-fungible tokens (NFTs) amidst a decline in trading volumes. Methodology: This study examined NFT collections launched by the global top 50 apparel brands, based on Brandirectory’s 2023 market cap ranking and publicly available information, as of January 15, 2024. NFT collections used as mint pass and digital…

Starbucks Korea is roasting up digital delights with its eco-friendly NFT project, “STARBUCKS STAR★LIGHT”, starting tomorrow — a first of its kind in Asia.As part of the Starbucks NFT rewards program, STARBUCKS STAR★LIGHT urges customers to use their own personal cups. When reusing their cups, customers earn Eco stamps on their Starbucks Rewards accounts, granting access to exclusive NFT rewards over time and enhancing the appeal of sustainable practices. Also shining a light on NFT art, an exclusive exhibition featuring NFT artworks by local Korean artists will be on display at the Starbucks Jongno R store in Seoul until the end of January.Unlocking Exclusive…