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ShuttleFlow, the ecosystem multichain protocol operated and maintained by Conflux Foundation, also known as the Shanghai Tree-Graph Blockchain Research Institute, will shut down after two years. The ShuttleFlow technology stack will instead be transferred to Web3 studio Zero Gravity, which will continue to develop the protocol under a new brand. “All user funds are secure and will be migrated from ShuttleFlow to Zero Gravity,” developers wrote, adding, “Users who have previously bridged through ShuttleFlow and completed the claim of their bridged assets on the destination chain do not need to undergo any additional operations for the migration.” “After ShuttleFlow shuts…

Attendees of Bored Ape Yacht Club’s ApeFest concert have reported experiencing extreme eye pain that’s prompted some of them to visit the hospital. “To all my friends who suffer now: go get your eyes checked. You’ve likely most literally got your eyes burnt with UV like I did, which requires medications, eye drops, eye protection, antibiotics, and specialist care,” wrote one attendee. “Don’t ignore this health hazard. Without proper treatment, it may cause long-lasting vision impairment and other serious damage.” Similar tweets abound, with at least one suggesting that symptoms were the result of photokeratitis. Photokeratitis is akin to sunburn…

Blockchain and artificial intelligence (AI) have long been paired to change how people view identity and verification. Between those innovations come data, described by experts as the new oil — extracted, amassed, refined, processed and turned into something useful. While most blockchain and AI use cases are still experimental and success can’t yet be measured, a developing app employs users’ personal data to contribute to research on prolonging human life. Speaking with Cointelegraph at the recent Cardano Summit, Jasmine Smith, chief executive of Web3-based wellness app Rejuve.AI, said that crowdsourcing data from multiple sources helps accelerate longevity research. She explained…

Non-fungible token (NFT) collections by sportswear giant Nike and virtual sneakers and collectibles creator RTFKT have seen $170 million in earnings and a whopping $1.4 billion in trading volume. There are two notable factors to keep in mind. One, Nike and RTFKT have joined hands less than two years ago. Two, most of this time, the crypto market was covered in snow. And yet, the duo’s collections flourished. The Block Research first found that since December 2021, these NFTs amassed nearly $1.4 billion in trading volume, and the collections together earned $170 million. According to the data provided by DeFi…

ApeFest 2023 was held in Hong Kong from November 3 to November 5. At least 15 allegations of impairment of vision have surfaced online. The parent business of Bored Ape Yacht Club (BAYC), Yuga Labs, hosted the much awaited return of its big in-person event, ApeFest 2023, which was held in Hong Kong from November 3 to November 5. This year’s Hong Kong event did not focus on music in the same way that last year’s New York City events did during NFT.NYC. Instead, the festival was focused on a “new adventure” that encourages attendees to discover the city’s hidden…

Crypto analyst Jamie Coutts highlights that blockchain technology sees adoption irrespective of the cryptocurrency market’s positivity or negativity. “5 million daily crypto users today, is likely to be 100m in less than 5 years,” he noted. Blockchain Forges Its Unique Path Coutts asserts that blockchain adoption rates remain consistently high, regardless of the prevailing market cycle in the crypto space, be it a bull or bear market. “Bear market/Bull market adoption of blockchain technology continues unabated. Not having exposure to one of the largest structural trends of the next decade could be costly.” Meanwhile, a recent PwC report emphasized the…

Non-fungible tokens (NFTs) and the blockchain made a special appearance on The Simpsons, Sunday night U.S. time. During Treehouse of Horror 34, the Halloween special episode of the iconic animated series, the show made numerous references to the overvaluation of on-chain NFTs in the first chapter of the episode titled “Wild Barts Can’t Be Token.” NFTs are a special type of crypto asset that allows holders to prove their ownership of real or digital items. Read more: What Are NFTs and How Do They Work? In the episode, Marge battles through the blockchain to rescue Bart, now a living NFT,…

Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) rose by 18.30% compared to the week before, reaching a high of $106.32 million. This week’s NFT statistics reveal an uptick in activity, with the number of buyers and sellers climbing by 17.77% and 15.82%, respectively. NFT Market Revives With 7-Day Gains Following a period of decline and unimpressive performance throughout October, NFT sales have rebounded in the last week. The previous week’s NFT sales stood at $89.87 million, but the current week showed an increase of 18.30%, reaching $106.32 million. Leading the charge, Ethereum-based NFT sales amassed…

Fableborne announced an imminent airdrop for Primordial Essence, a special currency that players can use to purchase NFTs from the upcoming Fableborne marketplace. But if you want to be in on the first wave of Essence airdrop, you need to own a Fableborne Primordial NFT, and set up your Pixion account by November 6th! Fableborne recently completed another round of playtesting, with over 2800 hours of playtime from holders of Primordial NFTs! And now Primordial holders are about to receive another bonus, as Fableborne announces an upcoming airdrop of Primordial Essence, a special, in-game currency. Primordial Essence will be used…

Metadata in blockchain transactions, explained Additional data or information that can be appended to a crypto transaction on a blockchain is referred to as metadata in blockchain transactions. Although the main function of a blockchain is to document and authenticate the transfer of digital assets, including cryptocurrencies like Ether (ETH) or Bitcoin (BTC), metadata enables users to add additional information or context to their transactions. Metadata is data about data. In the context of blockchain transactions, it includes information that is not directly related to the transfer of cryptocurrency but can provide additional functionality to the transaction. There are two…