Author: Jeremy Ryan

Base publicly launched its mainnet just over two months ago, and the launch was phenomenal. Despite the bear market, it demonstrated exponential growth in just over two weeks. Now that the hype around Base has cooled down, it is time to examine the state of the network. Let’s explore the key stats of the blockchain’s performance and uncover the reasons behind its popularity. Key Takeaways: Base garnered much attention from the community right after the public launch. This led to exponential growth in the number of users and transactions for some time. One of the key elements of Base’s popularity…

The time is nearly upon us for the Equipment mint from Last Remains, and it’s free! Equipment in Last Remains is not only cosmetic, but also provides modifications to the character’s attribute, making finding and equipping the right items a valuable part of winning the game! Last Remains, a in-development battle-royale set in a zombie-infested city, will be holding their free mint for Equipment items over the next few days (October 26th through the 28th, 2023). The mint will be on the Polygon chain. Last Remains Free Equipment Mint The mint begins on October 26th, with two rounds for those…

Despite a broad-based rally that has pushed digital asset prices to levels not seen in years, the NFT market remains stubbornly mired in a bear. In the past week, large caps such as bitcoin have surged as much as 22%, climbing from $28,000 to a peak of $35,000 on Monday. Bitcoin in turn dragged much of the industry higher, with only two assets – Huobi’s HT and Trust Wallet’s TWT – among the top 100 by market capitalization in the red on a 7-day basis, per CoinGecko. Despite the broad-based rally, however, the NFT sector has largely failed to rise.…

Interoperability protocol LayerZero has introduced the ability to move wrapped stETH token (wstETH) from the liquid staking protocol Lido Finance across Ethereum, Avalanche, BNB Chain, and Scroll. wstETH has also been integrated into LayerZero’s omnichain fungible token standard, or OFT standard, which aims to eschew wrapped asset risks in cross-chain native token transfers. OFT moves tokens through its decentralized communication protocol as opposed to minting and burning wrapped tokens. Expanded wstETH opportunities LayerZero’s cross-chain interoperability of wstETH hopes to bolster DeFi opportunities outside of Ethereum and into Avalanche, BNB and Scroll. “ETH is a staple asset within Avalanche’s DeFi ecosystem…

One of the fundamental limitations of the Lightning protocol is how payment routing is handled and accomplished. It is entirely source routed, meaning that the sender of a payment is the one who constructs the entire route from themselves to the receiver in order to facilitate the payment. This presents an issue when it comes to the changing balances of channels over time as they are routing payments between numerous different users across the network, once a sender “locks in” and decides on a specific route, that route cannot be changed until a failure message makes it way back to…

hi, a Web3 neo-banking application, has formed an exclusive collaboration with The Sandbox. This will provide users with the option of spending the conventional token, SAND, in-store as well as online via the use of the hi Debit Card. With the offering of a gigantic community the opportunity to explore a fresh method of spending SAND, hi is allowing cardholders to carry out transactions with SAND at various merchant establishments and online through the use of hi Debit Mastercard. Before this, hi and Mastercard had never come out with a unique NFT custom-made card. According to the co-founder and COO…

Parallel Studios is launching its first expansion to its namesake sci-fi trading card game, adding over 120 new NFT cards that can be bought in blind packs and traded before they debut in the game, the studio announced Wednesday. As Parallel prepares to add its Planetfall expansion cards to its game, players can choose from one of three different card bundles. The Player Pack costs 0.018 ETH (about $32) and the Collector’s Pack will cost players 0.18 ETH ($320). Both the Player and Collector’s Packs come with 10 cards each. The Collector’s Crate, which consists of 10 Collector’s Packs (100…

The Arbitrum Foundation announced that Celestia is the first modular data availability network to be integrated into Arbitrum’s software stacks known as Orbit and Nitro. The integration, to be finalized after Celestia’s mainnet launch, will give developers the option to publish data to Celestia in addition to the existing Arbitrum One and Nova blockchains. The move implies that Celestia’s data availability proofs are slated to be incorporated into Arbitrum’s current Layer 2 ecosystem, a leading Layer 2 scaling solution on Ethereum by total value locked that functions as a rollup solution designed to enhance the throughput and efficiency of Ethereum-based…

Introduced as a standalone app chain, dYdX Chain is able to handle 2,000 transactions per second. It also brings decentralization to many trading instruments for dYdX users, including orderbook, matching engine and so on. Starting from Oct. 24, 2023, dYdX Chain is fully open source for all customers and developers. dYdX Chain is now live and fully open source dYdX Chain is a programmable L1 blockchain based on Cosmos’ Tendermint algorithm and proof-of-stake (PoS) consensus. It can support all types of decentralized applications (dApps) and is fully open source, per the announcement of the dYdX exchange team. 1/ It’s finally…

AuthentifyIT, a Web3 platform for ownership and authentication, has teamed up with Gilbert, the leading rugby ball manufacturer, to authenticate 150 replicas of the Rugby World Cup 2023 Final Ball, in partnership with Legends International.—The partnership between AuthentifyIT, Gilbert, and Legends isn’t just about preserving the authenticity of the Rugby World Cup 2023 (RWC 2023) Final Ball; it’s also set to transform fan engagement to new heights. Owners of these limited-edition memorabilia will receive a “digital passport” confirming the authenticity of their purchase and the product’s origin. Moreover, they’ll gain access to a WhatsApp-like communication platform to connect with fellow…