Author: Jeremy Ryan

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…

After announcing a new multiyear renewal agreement with AEG, Coca-Cola is expanding in the crypto industry. The renewed partnership, brokered by AEG Global Partnerships, will bring a brand new “Coke Studio” to Crypto.com Arena in Los Angeles, the home of the NBA’s Los Angeles Lakers and Clippers, the NHL’s Los Angeles Kings, and the WNBA’s Los Angeles Sparks. The “Coke Studio” will offer visitors immersive fan experiences and music-driven activations all year. In addition, Coca-Cola will continue to be the official soft drink partner of AEG’s landmark venues worldwide, such as The O2 in London, Mercedes-Benz Arena in Berlin, Accor…

Web3 affiliate marketing startup Fuul has gone out of stealth into a private beta. Based in New York City, Fuul automates affiliate marketing between web3 brands and creators using blockchain. “Every affiliate program on the Fuul protocol is a smart contract itself,” Fuul co-founder and CEO Leandro ‘Locha’ Schlottchauer told The Block in an interview. The protocol then handles distribution, attribution as well as payouts as the referrals are settled on-chain, he added. Fuul charges an 8% fee on top of affiliate commissions, and it’s currently compatible with EVM networks. Fuul underwent a16z’s Crypto Startup School this year, in which…

Non-fungible token (NFT) production on Ethereum, or the value of the primary sales generated from NFT minting, fell to an all-time low of US$17.55 million in September, down 12.4% from US$20.05 million in August, according to Forkast Labs data. NFTs are blockchain-based digital assets that can provide information on digital ownership. Notable collections like the Bored Ape Yacht Club (BAYC) were trading at a floor price of 128 ETH (US$211,000) in May 2022, before dropping more than 60% along with other notable NFT collections like CryptoPunks, which fell 60.4% to 45 Eth (US$72,727), from an all-time high of 113.9 Eth…

The Web3 gaming powerhouse Immutable and Amazon Web3 Services (AWS) have forged a diplomatic partnership with the ultimate goal of bolstering blockchain gaming. Through the collaboration, Immutable will join the ‘Amazon Independent Software Vendor Accelerate Program’. As a member of this initiative, Immutable holds the privileged position of working alongside AWS Account Managers who are motivated to promote customer acquisition and generate leads, assisting in sealing deals with major international game studios and securing prospective customers. Game studios and developers, in return, will be offered technical support, training, and up to $100,000 worth of AWS cloud credits — incentivized to cover service costs —…

A new expansion is coming soon to Gods Unchained! Titled Tides of Fate, this expansion combines nautical themes with new cards, a new keyword, and even a chance for players to influence the final stats of two cards through a community event! The Gods Unchained team mentioned an upcoming expansion when they announced ‘Season Two‘ of their well-known TCG game. Now we have some more details. Known as Tides of Fate, this expansion will have plenty of new cards, a new keyword, and will even have two cards that are affected by player decisions! Set to launch on October 25th,…