Author: Jeremy Ryan

Blockchain Quarter’s tokenization of home equity democratizes real estate investments. Fractionalization could revolutionize asset ownership and liquidity. The crypto world is witnessing a landmark moment as Quarter, the first fractional equity home funding program in the U.S., announced the tokenization of a $740,000 home on the TOKO network. This venture, powered by Hedera Hashgraph’s distributed ledger technology (DLT), marks a significant leap in utilizing blockchain for democratizing finance. 1/2 ????Quarter – the U.S.’ first fractional equity home funding program & platform – has announced the equity #tokenization of a $740k home, with third-party investors supplying 97% of the purchase capital…

Blockchain Crypto users have heightened concerns about crypto wallets after Ledger’s controversy. Cardano Wallet Lace has turned open-source to restore trust in crypto wallets. Lace will ensure its wallet is more secure and decentralized by going open-source. Ledger’s recent controversy has cast a shadow of doubt over the crypto community, leaving many questioning the integrity of their wallets. Concerns about backdoors and vulnerabilities have heightened people’s caution with current security measures. In response to the growing skepticism, Cardano Founder Charles Hoskinson has advised users to opt for open-source software that delivers on its promises and keeps things transparent. In line…

Blockchain Interoperability protocol Connext has introduced chain abstraction with the goal of simplifying the layer-2 experience. Similar to how account abstraction is designed to simplify the end-user experience with wallets, chain abstraction is designed to enable users to interact with multiple decentralized applications (dapps) on different chains without ever needing to leave the user interface. Traditionally when interacting with layer-2s, users may need to bridge their funds to chain A if they want to use a specific liquidity pool on chain A, but they only have tokens available on chain B. This makes for a complicated user experience and can…

NFT Art collectors and fans of the cult science fiction film Alien will have a chance to purchase a fractionalized digital artwork of a rare sculpture by the late Swiss artist H.R. Giger. Digital art platform Particle, which uses blockchain technology to offer fractionalized ownership of culturally significant artworks, will conduct the sale, according to the company’s website. The sculpture, dubbed “Necronom/Alien III, 2005”, is one of a collection of six statutes, but the only one made by Giger himself. It is valued at more than $240,000, and Particle has divided its ownership into 500 digital “particles” that will be…

NFT Ethereum’s ERC-721 and ERC-1155 are probably the most recognizable examples of token standards in blockchain today. They’re like blueprints, setting out rules for how tokens behave in a protocol and greatly simplifying the creation process. Their predetermined rulesets provide a sort of “package deal” with a variety of functionalities. Plus, they can be trusted as having been carefully audited and confirmed to be compatible with a range of applications. Without standards, a creator might enjoy more customizability but can run into serious problems when attempting to interact with platforms and interfaces. So it might be surprising to find out…

NFT Nike Virtual Studios, the sportswear giant’s digital arm, and video game developer EA Sports are partnering together to bring digital creations from Nike’s .SWOOSH platform to the EA Sports gaming ecosystem. Details about the partnership are limited, though Nike said in a press release that the collaboration will allow .SWOOSH members and EA Sports fans “to express their personal style through play.” This includes “immersive experiences” and “new levels of customization within the EA Sports ecosystem.” EA Sports is a division of Electronic Arts that publishes games like FIFA, Madden NFL and more. Nike’s .SWOOSH platform released its first…

Blockchain Leading game retailer GameStop (NYSE: GME) is teaming up with The Telos Foundation, the organization behind the layer 1 blockchain Telos, to expand its Web3 gaming offerings. The deal will link Web3 games utilizing Telos’ decentralized blockchain infrastructure to GameStop’s upcoming Web3 game launchpad Playr, providing new opportunities for mainstream gaming distribution. AJ Dinger, head of business development at the Telos Foundation, said in a press release that the collaboration will help onboard new users to the Web3 gaming ecosystem using Telos’ robust network. “We believe this collaboration will be a meaningful driver of new users into the Web3…

Blockchain Skale Network has released the Levitation Protocol — a Zero Knowledge (ZK) rollup aimed at providing a new scaling solution for Ethereum developers. Skale operates as an ecosystem of more than 20 application-specific sidechains that run parallel to Ethereum. These chains stand to provide scaling benefits through the deployment of ZK-Rollups, which, along with Optimistic Rollups, constitute the most widely adopted Layer 2 solutions. Beyond enabling developers to write ZK-Rollups for Ethereum, Skale’s core team intends to launch a dedicated decentralized Layer 1 blockchain to augment Levitation. This blockchain will be specifically designed for publishing Levitation-derived Layer 2 ZK…

Deep in the murky underbelly of Web3, where undesirables resort to devious tactics to earn a quick buck, one project has set a new low. A scammer peddling “Pixel Penguins” hoodwinked a number of NFT influencers with a fake cancer story in order to promote their NFT collection.Launched in February 2023, the Pixel Penguins project initially failed to gain any traction with its 10k NFTs. However, its founder, going by the names hopeexists1 and Sarah, had already hatched a more nefarious plan to get things up and running.Working through the facet know as the ‘NFT influencer,’ Sarah began to weave…

NFT The South African cricket legend Abraham Benjamin de Villiers, aka AB de Villiers, revealed how he became a victim of NFT hack. At the time of the hack, AB owned as much as 300 NFTs. In an interview with Cointelegraph, de Villiers revealed that he held over 300 digital collectibles before he became a victim of a hack last year. AB de Villeres signed a malicious contract AB, who has vocally embraced NFTs and crypto, got fooled by a malicious NFT masquerading as a new Pudgy Penguin drop, the legendary cricketer inadvertently gave a hacker access to his wallet…