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The rapid adoption of digital assets resonates with every industry with each passing day, and the trend will continue to go up incessantly. Today’s two most popular forms of digital assets include cryptocurrencies and NFTs (Non-Fungible Tokens), which are increasingly used by a maximum number of users. While these two digital assets share blockchain technology mutually, certain differences markedly set them apart. This article aims to bring those differences into light by expounding various reasons that markedly stand them apart. Simply put, we will discuss their unique features, technologies, and utilities to ensure how they have leveraged the world of…

The Mantle Network is receiving more help from 1RPC, a leading Web3 service provider. This includes prioritizing privacy for developers, projects, and consumers interested in Mantle’s rapidly growing ecosystem. A Layer 2 (L2) technology architecture that promises to scale Ethereum, the Mantle Network has received attention. It offers modular transaction execution, data accessibility, and transaction finality. 1RPC Enhances Mantle Network’s Subscription Offerings for Web3 Enthusiasts The Mantle Network’s modular architecture lets each component automatically upgrade and adapt to industry advances. This feature makes Ethereum adaptable and scalable. 1RPC offers unique subscription options to empower the Mantle Network community in a…

Ethereum Layer 2 network Scroll appears to have launched its zkEVM live on mainnet, with funds already being bridged to the platform, according to on-chain data. Over 330 ETH ($515,000) has been bridged so far, according to a Dune Analytics dashboard, encompassing more than 850 transactions and nearly 500 unique users. Bridge deployment appears to have begun on Oct. 8, according to blockchain explorer Etherscan. There has been no official announcement from the Scroll team as yet. However, users are already able to add the mainnet to their web3 wallets like MetaMask and transfer funds from other Ethereum-based networks to…

The World of Women (WoW) NFT project is joining forces with WS Game Company, under a license from Hasbro, to unveil a special edition of Monopoly named Monopoly: WoW Galaxy Edition. This exciting release is scheduled for October 17, marking a significant crossover between traditional board games and the burgeoning NFT space.Celebrating WoW’s Web3 CommunityMonopoly: WoW Galaxy Edition is designed to honor the robust web3 community of WoW by incorporating custom illustrations within the game. This edition is not merely a game but a celebration of the digital frontier, showcasing the vibrant interaction between iconic characters of the WoW universe…

Telegram’s partner, the Open Network (TON) Foundation, in partnership with Alibaba Cloud, has announced plans to set up 256 servers for a performance testing event scheduled for October 31, 2023. Per the announcement, the objective of this event is to officially establish the TON blockchain as the world’s fastest blockchain to earn accreditation from the Guinness World Records. TON’s Upcoming Performance Test According to a report by Yahoo Finance, the TON blockchain has experienced significant growth since 2022, witnessing a 20-fold increase in addresses from 170,000 to 3.5 million. The network has also expanded its validator nodes to 350, fostering…

JPMorgan’s Onyx Coin Systems has scored another win in the Middle East with the completion of a blockchain-based cross-border payments pilot project with First Abu Dhabi Bank (FAB). The pilot phase was “executed seamlessly with satisfactory response times,” according to a statement. The FAB pilot wound up weeks after a similar test in Bahrain, where Bank ABC had been testing the Onyx system and proceeded to a limited launch of services. FAB said it was continuing to explore the opportunities the system offers. JPMorgan’s permissioned distributed ledger was launched in 2020 and has been gaining momentum in recent months. JP…

peaq, the pioneering blockchain for real-world applications, is teaming up with penomo to create a network of tokenized batteries. penomo, a platform specializing in monetizing sustainable energy businesses, especially those reusing or recycling electric vehicle (EV) batteries, will transform these batteries into a decentralized physical infrastructure network (DePIN). This network will reward Web3 investors by generating income through avenues like carbon credit sales.—Lithium-ion batteries are vital for green energy storage and EVs but come at an environmental cost due to lithium extraction. Sustainable energy and battery recycling companies struggle to secure revenue and liquidity, hampering the transition to eco-friendly energy.penomo…

Originally slated to launch this past summer, Influence is now ready to get things going with a limited mainnet release, followed soon after by a full pre-release on a testnet, and then the official Exploitation launch later this year! Though we expected to hear about new releases from Influence over the summer, we ended up having to wait a little longer. But that wait is now over! Influence has a date for a limited mainnet release, and general plans for further updates later this year. Influence will run on Starknet, and part of their delays are making sure that Starknet…

According to recent reports, the Bharat Web3 Association (BWA) and the European Crypto Initiative (EUCI) have agreed upon signing a Memorandum of Understanding (MoU) given the potential benefits that the partnership could bring to the world of Web3. The upcoming collaboration of the two Web3 regulation giants, the BWA and the EUCI, will ensure the swift and smooth operation of Web3 organizations that fall under their region. The two organizations will collaborate on multiple web3 initiatives, such as participation in Web3-related educational conferences or advocacies, expos, and workshops. According to an official release, the BWA and the EUCI plan to…

London, UK – Known in the automotive world as the mastermind behind Ferrari’s exceptional designs, Alessandro Fiori, operating under the pseudonym “Mr. Uramaki,” has unveiled his latest NFT creation, “After All This Time,” exclusively on Exchange.art.—Alessandro’s “After All This Time” NFT isn’t just digital art; it’s a heartfelt homage to a cherished memory and a testament to his artistic journey. Infused with the influence of his illustrious career in automotive design and his lifelong passion for visual storytelling, this NFT collection marks a departure from his industrial engineering roots, diving headfirst into a deeply personal exploration of artistry.Alessandro’s creative journey…