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According to a source inside The Block, Microsoft former global head of Web3 business development and AI, Vassilis Tziokas, has joined the Matter Labs team to strengthen the zkSync Era ecosystem. Tziokas, who has experience of his own at Microsoft, says he wants to unlock the “holy grail” of Web3 with the help of Ethereum’s scalability solution. zkSync has opened its doors to the veteran tech giant, and is ready to move on to the next step in its roadmap, which is to decentralize its sequencers as much as possible. In the meantime, the rollup is recording excellent numbers in…

The ApeCoin DAO, following the approval of Ape Improvement Proposal (AIP) 209, has announced its partnership with Forj, an NFT platform under the umbrella of Animoca Brands. This collaboration aims to introduce an NFT accelerator program, designed to bolster projects that focus on augmenting the functionality and worth of the ApeCoin.Community-Driven Ape AcceleratorThe Ape Accelerator program, described as a community-driven Web3 initiative, is set to be funded by the ApeCoin DAO. This program serves as a gateway for promising projects to showcase their business propositions to the expansive ApeCoin community, which boasts a membership of over 200,000 individuals. By fostering…

Social media platform Reddit plans to pull the plug on its blockchain-based reward service Community Points. “The regulatory environment has added to scalability limitations. Though the moderators and communities that supported Community Points have been incredible partners, as it’s evolved, the product is no longer set up to scale,” Reddit wrote in a message reviewed by The Block. “Moving away from Points allows us to invest in products that provide value to more Redditors,” it added. “We’ve also launched, or are actively investing in, several products that accomplish what the Community Points program was aimed at.” Reddit will sunset Community…

Cutting-edge artist Refik Anadol’s latest digital art collection dubbed “Winds of Yawanawa” may be the one lone bright spot in an otherwise dim NFT market. The project, a collection of “data paintings,” has generated $3.9 million (2,493 ether) in sales over the past week, according to OpenSea data. The eruption of interest in Winds of Yawanawa, a collaboration between the Brazilian indigenous community Yawanawa and Anadol, comes amid a broader NFT market downturn that has seen trading volumes plummet by more than 90% since a bull run bolstered by excitement for mostly low-resolution picture-for-profile NFT collections like Bored Ape Yacht…

Apple versus Android. Windows versus UNIX. They’re examples of classic tech rivalries that in many ways, Mert Mumtaz says, resemble the blockchain clash between the integrated ecosystem of Solana and the modular world of Ethereum. And in any free market tech rivalry Mumtaz can recall from the past, the leader didn’t retain total market superiority in the long term. “I have never seen a piece of technology that has been 95% of the market — and people are betting on it to keep growing in the next five to ten years, in terms of relative market share.” “Even Windows didn’t…

Web3 gaming titan Animoca Brands and the traditional gaming industry leader Amber — acclaimed for working with the likes of Amazon, Disney, Warner Media, and more — are set to gear up the cutting-edge racing management game ‘Formula E: High Voltage’ on October 19.Empowering racing and gaming enthusiasts on FormulaEHighVoltage.com, Formula E: High Voltage bestows the thrill of digital ownership upon in-game items, each a unique NFT, pioneering a dynamic connection between the eco-friendly digital racing world and its adrenaline-seeking audience.Players can anticipate stepping into the shoes of racing icons, like the celebrated 2023 ABB FIA Formula E World champion,…

Bridging the Gap with Chainlink CCIP Kreepy Kritters and PixelSweepers are thrilled to declare their recent integration with Chainlink CCIP—a recognized benchmark for fortified cross-chain interoperability—facilitating a seamless exchange over the BNB Chain and Polygon networks. By harnessing CCIP’s distinct messaging feature, the transfer of Kreepy Kritters NFTs and PixelSweepers Player Pot across these chains has become a reality. Why Chainlink CCIP Stands Out Chainlink’s impeccable reputation for ensuring top-tier security and dependability in the Web3 domain prompted the selection of CCIP as the primary interoperability mechanism. An added assurance is the Risk Management Network, an autonomous entity continually scrutinizing…

BNB Chain has rolled out the Greenfield storage network on the public mainnet after being in development and testing phase for over a year. Greenfield is a decentralized storage-oriented network tailored to accommodate>BNB Smart Chain. It touts cross-chain programmability, fast bandwidth speeds and data access permissions. Another offshoot of BNB Greenfield is the ability to create a data marketplace where users can list, trade or sell their data. The network facilitated over 200,000 on-chain transactions involving 150,000 unique wallet addresses during its testing phase, according to a statement. “BNB Greenfield is a transformative development in web3 data ownership and data…

Flare, a prominent blockchain for data, has unveiled a new collaboration with Web3Auth, a leading wallet-as-a-service (WaaS) infrastructure provider, to usher in a new era of effortless access to Web3 applications and services. This groundbreaking partnership aims to simplify user onboarding for the burgeoning world of decentralized applications (dApps) by introducing familiar email and social media login credentials. This novel approach, which eliminates the need for cumbersome seed phrases, promises to accelerate the adoption of Web3 technology while enhancing user convenience. Flare’s integration with Web3Auth marks a significant departure from the conventional reliance on complex seed phrases for creating and…

Mintable has recently developed an innovative NFT that has been used by investigators to trace millions of stolen cryptocurrencies. Intelligent Sanctuary, an investigative firm advised by former Met Chief Lord Hogan-Howe, has been granted permission by a Singapore court to issue a global freezing order through the use of NFTs in a lawsuit. See below for full details. Mintable revolutionises the tracking of millions of stolen cryptocurrencies Mintable launches innovative NFTs to recover stolen crypto assets Mintology revolutionises stolen cryptocurrency recovery with NFT Soulbound Mintable revolutionises the tracking of millions of stolen cryptocurrencies As expected, Mintable, a company focused on…