Author: Jeremy Ryan

Blockchain Light V3, the zkLayer is now live on Solana. Private Solana Programs (PSP) is made ready to get started. The Light Protocol team finally enabled the Light V3, the first ever zero-knowledge Layer (zkLayer) on Solana, the blockchain platform. It is referred to as PSP (Private Solana Programs). Today, the launch has taken place after several months of building the next generation of Light Protocol. This supports the developers to build anything with the help of the Solano blockchain. For example, faster and more effective private payments, booking orders with encryption, and public on-chain games with the private state.…

NFT NFT smart contracts are digital agreements that use computer code to enable the creation, ownership, and transfer of non-fungible tokens (NFTs) on a blockchain ecosystem. Without them, NFTs wouldn’t exist. They are the backbone of an industry that’s worth billions of dollars, and they play a fundamental role in keeping the NFT ecosystem secure and transparent. NFT smart contracts are not so different from regular smart contracts regarding their underlying technology —the difference lies in their functionality. Let’s wind back and have a quick refresher of what smart contracts are, then we’ll see how they apply to NFTs and…

NFT Sotheby’s on Friday concluded its sale of several rare non-fungible tokens (NFTs) seized from bankrupt crypto hedge fund Three Arrows Capital (3AC) expansive collection, bringing in $2,482,850 to recoup some of the lost funds. The auction house launched its multi-part sale featuring NFTs from the Grails collection, formed as part of 3AC’s asset portfolio primarily in 2021. The Singapore-based hedge fund filed for bankruptcy in July. Teneo, 3AC’s liquidator, published a notice in February outlining its intent to sell an expansive list of NFTs estimated to be worth millions. Sotheby’s refers to the contents of the Grails collection as…

NFT Recently, Ben.eth, the founder of the PSYOP token, has been surrounded by controversy for handling the presale. In a letter sent via NFT, a law firm known as Loevy & Loevy, sent a letter via NFT demanding that Ben.eth refund all presale buyers or face a class-action lawsuit. The letter accuses him of intentionally misleading buyers and reneging on promises. It also warns of potential legal consequences, including wire fraud and treble damages. And, to be clear, the term “fuck up” is overly generous to you. There is every reason for a jury to find that you intentionally misled…

Exchange The international regulatory environment for cryptocurrency is improving, and the company is eyeing a retail expansion on the continent, Bakkt chief product officer Dan O’Prey said. On the whole, O’Prey saw positive long-term trends. Speaking to Cointelegraph’s U.S. News Editor, Sam Bourgi, at Bitcoin 2023, O’Prey described Bakkt as prioritizing its role as a “B2B2C” company for the past two years. As such, it has seen “a significant portion of the major institutional interest” focused on Bitcoin (BTC), in spite of the aftermath of the collapse of cryptocurrency exchange FTX. He said: “We saw last year a lot of…

NFT Americana, a crypto-native NFT trading platform that bridges digital collectibles to real world assets, hit the market on Friday. A confidentia​​l marketing deck obtained by Blockworks teased a number of Americana partnerships brewing — including a deal with a prominent, undisclosed fine art auction house. The US crypto startup is kicking things off with what it’s categorizing as a beta phase — building off of a $6.9 million seed raise in May 2022. Its valuation was not disclosed. Led by CEO Jake Frey, who has worked in design roles for Apple and Twitter, Americana is now in the process…

Digital collectibles now allow you to own a piece of revenue from the most popular movies and TV shows! On June 20th, the LALA NFT marketplace will drop a Wolf of Wall Street collection offering fans a percentage of the blockbuster’s revenue stream. Furthermore, minters will benefit from exclusive digital and real-life perks in the long run! The LALA NFT marketplace drops its debut digital collectibles on June 20th, offering a percentage of the Wolf of Wall Street revenue stream. LALA x Wolf of Wall Street: What Do the Digital Collectibles Offer? What if you could own part of the…

Illuvium launches round 2 of their Overworld private beta, which brings new zones, new Illuvials, and even new ways to move around the world! This is officially dubbed a private beta, but if you keep an eye on the Illuvium Twitter and Discord accounts, there are plenty of opportunities to win a key. You can also apply for a key here. This is the second major beta release for Illuvium Overworld, the open world RPG game about gathering resources, crafting items, and capturing Illuvials. More About the Beta This beta brings a major expansion to the world, with two new…

NFT Not to be outdone by Bitcoin Frogs, which earlier this week outpaced top-shelf NFT brand Bored Ape Yacht Club in trading, a collection dubbed Space Pepes has become king of the proverbial hill — for now, at least. Space Pepes, a batch of thousands of unique Bitcoin-based digital collectibles, is ranking as the top-selling NFT collection during the past 24 hours with about $7.3 million in trading, according to CryptoSlam! data. That’s better than both the Ethereum-based Bored Apes and Bitcoin Frogs, which appear to have lost some momentum in the last couple of days. Over the past seven…

Blockchain Milkomeda, a Layer 2 protocol that brings EVM capabilities to non-EVM blockchains, has announced the news of a major deployment to the Cardano Ethereum-compatible sidechain, Milkomeda C1. According to it, the newest bridge contract, v5 on mainnet C1, was just successfully deployed. It notes that this is one of the most important steps toward the upcoming Milkomeda C1 v2 release. The newest bridge contract v5 on mainnet C1 was just successfully deployed ????Congrats to the team and the validatorsThis is one of the most important steps towards Milkomeda C1 v2!More info about what’s v2 here ???? — Milkomeda (there…