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Blockchain Welcome to the exciting world of crypto! If you’re interested in the cryptocurrency space, then you’ve probably heard of Ethereum, the second-largest blockchain network after Bitcoin. Ethereum is a platform that enables developers to create decentralized applications (dApps) and smart contracts using its programming language Solidity. One of the most important features of Ethereum is its ability to support custom tokens, which are assets that represent value or utility and can be used in various ways within dApps and smart contracts. ERC-20 is the most common token standard used on the Ethereum blockchain, and it has completely revolutionized the…

Blockchain Zk layer 1 blockchain Manta Network announced on March 20 that it has added support for assets including Non-Fungible Tokens (NFTs) and Soul Bound Token (SBTs) to its protocol. The MantaPay protocol, which initially supported only fungible crypto assets, promises to now allow for privacy-preservation support for NFTs and SBTs through the use of Manta Network’s ZK technology. ZK technology is a privacy-focused technology that uses Zero-Knowledge proofs (ZK proofs) to enable fully private transactions on decentralized finance (DeFi) platforms. Today, we are announcing an expansion of @MantaNetwork’s ZK capabilities by enabling privacy support for NFTs and SBTs through…

Blockchain An issue inherent with blockchain systems is their inability to expand without sacrificing security or decentralization – a concept coined by Ethereum co-founder Vitalik Buterin as the “blockchain trilemma.” However, the emergence of zero knowledge (ZK) cryptography promises to transform the way blockchains process, encrypt and share data, offering powerful solutions that address the most formidable scaling challenges. Stephen Webber works in product marketing at OpenZeppelin, a crypto cybersecurity technology and services company. ZK technology, such as zk-proofs (ZKP), verifies data without revealing any information beyond that necessary to prove the veracity of the data. This makes them an…

NFT Often we don’t take our side hobbies as seriously as we’d want. We skip those guitar lessons, the baking book we bought is now covered in dust, the new running shoes are hiding in the closet and, almost always, we promise ourselves we’d do better next time. So imagine when your side hobby suddenly becomes an integral part of your professional life, giving you an edge that most might not have. That’s what happened when Eva Beylin, director of The Graph, who couldn’t believe that non-fungible tokens (NFT) could be a way for her to become an artist. Eva…

The first official PvP tournament for Eternal Dragons kicks off at the end of March. With a prize pool of over $15,000 USDC, this is a great play and earn opportunity for aspiring dragon tamers! Eternal Dragons introduced PvP to their dragon-themed auto-battler recently. Now they prepare to host their first official tournament, with a large prize pool and a new feature known as Player Cards. If you want some practice before the big tournament, the second Eternal Dragons Alpha PvP League starts tomorrow, March 20th. In addition to honing their game, the top three players earn prizes as well.…

Blockchain Web3 gaming developer platform Immutable is forming a strategic partnership with blockchain protocol Polygon Labs to accelerate the development of Web3 gaming. According to a press release, Immutable will power its platform products using Polygon’s zero-knowledge technology to simplify the process of onboarding game studios and developers in Web3. The alliance aims to provide an option for businesses “that accelerates time-to-market and gives them access to an ecosystem that will be one of the largest and most liquid for end users,” according to the press release. Interested in keeping up with Web3 news and trends? Subscribe to The Airdrop…

NFT Ordinals infrastructure is taking shape, with multiple marketplaces now servicing the budding Bitcoin digital collectible community. Gamma.io is the latest, having built its presence by supporting creation and auctions for NFTs issued on Stacks, the smart contract layer for Bitcoin. The platform now supports Ordinals auctions in the same vein as Ethereum NFT marketplace OpenSea, allowing users to trade inscribed satoshis peer-to-peer. (Stacks NFTs are a separate concept to Bitcoin-native Ordinals.) Gamma also launched a “no-code” Ordinals creation tool last month, allowing users to upload and inscribe any image to the Bitcoin blockchain. The firm says it has assisted…

NFT Non-fungible token (NFT) marketplace builder Origin Protocol may rebalance its tokenomics as it tries to compete in the zero-fee royalty wars without also ostracizing stakers of OGN token, who depend on the platform’s now-slashed fee revenue. The protocol is moving toward backstopping its OGN staking program with ether (ETH) and OGN subsidies funded by its budget, according to a governance proposal poised to pass on Tuesday. The action is designed to combat a short-term shortfall in the fee revenue that usually supports Origin’s popular yield program, which currently holds 11% of all OGN tokens. But those fees are going…

NFT The NFT marketplace is fierce, with every platform trying to outperform the other platform in terms of sales volume. Blur NFT marketplace was able to surpass OpenSea in the last 30 days by delivering a sales volume of $1.88 billion in comparison to $474.58 million by OpenSea. This has come under scrutiny with the core ground that OpenSea has a larger number of users, and Blur cannot simply outperform by such a huge margin. According to Crypto Slam, there is a possibility that Blur has manipulated the NFT ecosystem by showcasing the numbers of just 1% of high-value traders.…

3. What are the various techniques for analyzing blockchain data? Blockchain forensics involves the analysis of blockchain data to investigate criminal activities such as fraud, money laundering and illicit transactions.  Nonetheless, the methods employed in blockchain forensics can vary depending on the particular application and the type of data being evaluated because it is a complicated and rapidly developing area. Yet by combining a variety of strategies and resources, investigators can better understand criminal activity on the blockchain and contribute to the fight against financial crime. The following are some of the key techniques used in blockchain forensics. Network analysis…