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Blockchain The Ethereum blockchain remains the dominant operating system for decentralized finance (DeFi) because few alternatives existed until recently, Bank of America (BAC) said in a research report Tuesday. The bank says it expects Ethereum adoption and usage to decelerate if the blockchain is not able to increase its throughput, adding that application developers will probably choose other networks on which to build. “We view Ethereum’s long-term viability as dependent on its ability to fulfill the vision laid out in its roadmap, which includes implementing sharding architecture to expand its throughput capacity significantly,” analysts Alkesh Shah and Andrew Moss wrote.…

NFT A set of non-fungible tokens (NFTs) related to former U.S. President Donald Trump have jumped over 30% in ether-denominated value over the past week amid a possible indictment and arrest of the former president. At the time of writing, the Polygon-based Trump Digital Trading Cards were selling for over 0.59 ether (ETH), rising from last week’s 0.33 ETH level. Over 735 Trump NFTs have been sold in this period, attracting 401 ether in trading volume, according to data from NFT marketplace OpenSea. The rally in NFT prices comes amid reports of Trump’s possible arrest. The former U.S. President is…

The case involving “Quantum” is an example of how blockchain technology protects the rights of digital artists.Canadian company Free Holdings will not get the chance to go to court over the first-known NFT on record. That’s because Judge James Cott, a magistrate judge for the U.S. District Court, has dismissed the case. Indeed, the case was brought against the creator of “Quantum”, Kevin McCoy, and the auction house Sotheby’s, which sold the NFT for $1.47 million in June 2021.In essence, Free Holdings believes that McCoy surrendered the ownership rights of the NFT by not following the correct procedure on the original…

Mason Rothschild’s world-renowned studio, Gasoline, has teamed up with Ledger to create 13 limited edition “Gold Standard” wallets. The pieces will debut at the Gasoline x Cheeks party on March 22, 2023, during NFT LA. The project combines Rothschild’s perspective with Ledger’s unrivaled security expertise. Furthermore, as part of Rothschild’s open edition, “This Artwork is Subject to Burn,” the artist challenges collectors to balance their desires for wealth and rarity. Mason Rothschild and Ledger Team Up on Limited Edition Products. Credit: NFTEvening.com. Mason Rostchcild and Ledger Team Up On Crypto Wallets Mason Rothschild shared his thoughts on the project, “We…

Imposters will open up a short playtest for their NFT holders this Friday (March 24th). This social deduction, Among Us inspired game, encourages streaming and other social interactions. In fact, content creators have a chance to earn over $3k in prizes for creations based on this playtest! The Imposters Beta playtest begins on March 24th, 3pm CST, and runs until 8pm CST the same day. Participants will receive a special POAP (Proof of Attendance Protocol) NFT for attending. For now, Imposters is pretty much a direct rip of Among Us. Though the team has plans to add additional game modes…

Blockchain Moody’s said that municipalities can save money by using blockchain-based platforms to issue bonds and for government operations, but doing so comes with possible risks that include cybercrime and operating in regulatory uncertainty. Municipalities might be able to cut up to 35% of administrative costs over the life cycle of a bond by one estimate, the firm said in a report published on Wednesday. Blockchain adoption for bond issuance at the municipality level might take some time, although some projects are already underway, Moody’s said. However, it added that “several recent municipal debt sales recorded on the blockchain with…

The battle for supremacy within the NFT realm just got real. CryptoPunks has surpassed Bored Ape Yacht Club (BAYC) in market cap after the collection value rose by 13% in the past week. On the other hand, BAYC lost 8% of its value within the same period. This is according to on-chain data shared by Wu Blockchain, an account that covers crypto mainly in Asia.In the past 7 days, the floor price of BAYC fell by more than 8%, and CryptoPunks rose by 13%. CryptoPunks surpassed BAYC (776,000 ETH) with a market value of about 847,000 ETH. The reason may…

Blockchain Celer Network, which is utilized for rapid and cost-effective dApp development, has recently announced to launch of Brevis. The latest project is a platform that uses Zero-Knowledge technology for the attestation of omnichain data. It enables smart contracts and decentralized applications (dApps) to access, utilize, as well as compute arbitrary data existing on several blockchain protocols. The respective process is carried out in a fully trust-free manner. Celer Network Introduces Brevis for Additional Opportunities Concerning the Smart Contracts and DApp Sector The platform published a blog post to explain the functionality of the latest project. It pointed toward the…

Blockchain A new era of messaging applications will soon cross the chasm of Web3 mass adoption. Web3 messaging applications will become an integral part of the blockchain ecosystem, allowing users to communicate with each other and interact with decentralized applications (DApps) and the protocols themselves in a secure, direct, decentralized manner. This editorial will discuss the benefits and challenges of Web3 messaging applications and their impact on the future of communication. Web3 messaging protocols, such as the Extensible Message Transport Protocol (XMTP), are implemented on a decentralized communication network, using a peer-to-peer architecture to facilitate communication between verifiable identifiers like…

Blockchain Blockchain technology has given us the ability to create decentralized systems that can function without intermediaries, but one critical piece was missing – the ability to access real-world data. Oracles bridged this gap, and they have become an essential part of the blockchain ecosystem. Oracles enable smart contracts to receive information from external sources, such as data feeds, APIs, and other off-chain sources. Chainlink is the most advanced and secure decentralized oracle network in the market today, and this article will tell you exactly why. Contents hide 1 What are Oracles? 2 The Importance of Oracles in Smart Contract…