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Blockchain DoraHacks and the AI-powered oracle and ecosystem for blockchains Oraichain have formed a partnership in order to accelerate the adoption of the latter’s Layer 1 ecosystem for artificial intelligence (AI) and data economy. In the next weeks and months, the two groups will collaborate on a variety of projects to promote the next generation of AI and blockchain technologies. These projects will include AI-enhanced decentralized applications (dApps), AI Oracles, and essential infrastructure, according to information shared with Finbold on March 16. DoraHacks is one of the world’s largest and most dynamic multi-chain Web3 developer incentive platforms, with almost $30…

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In what might become the norm for major sporting events, the Australian Open has welcomed NFT and Web3 tech with open arms. The annual tournament held at Melbourne Park since 1905 sees an opportunity to grow its brand and better engage with its massive audience through NFTs and the Metaverse.The latest event took place between January 16 and January 29 and marked a special occasion for Novak Djokovic. The veteran tennis player was able to win his 10th Australian Open title, thus equaling Rafael Nadal men’s record of 22 Grand Slam titles.However, that wasn’t the only special thing gracing this…

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Portfolio trackers simplify the process of tracking NFT investments by providing comprehensive dashboards of your holdings. The top-notch NFT portfolio trackers we introduce below allow you to effortlessly monitor price movements and evaluate the performance of your assets. Additionally, they court you with alert functionalities, enabling the discovery of new investment opportunities. NFTBank The machine learning algorithm of NFTBank detects ERC-721 and ERC1155 standards automatically. The tool offers users a clear overview of their current profits and losses. As the sample portfolio demonstrates, you can easily track the revenue, spending, realized ROI, and inventory value of an NFT portfolio. Whenever a user buys an NFT, the price they…

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Blockchain On Wednesday, Charles Hoskinson, the Cardano network founder, fired back at critics from the crypto community who claimed the 2021 national ID deal between the blockchain and the Ethiopian government had been laid to rest. According to the critics, the government has opted for its digital ID system after it got tired of waiting for Cardano’s development team, Input Output Hong Kong (IOHK), as “they were too slow.” Hoskinson described the claim as slanderous, saying the Ethiopian government currently uses the Cardano ID solution. The Cardano founder agreed that Ethiopia has different ID systems in operation; however, he clarified…

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Blockchain Key Points: The Layer 2 attack against ecosystems in general, and Ethereum in particular, is more intense than ever. Arbitrum has always been regarded as the top Layer 2 solution for Ethereum since its inception. The project has aimed to give investors a network that is inexpensive, quick, and scalable, all of which Ethereum is currently suffering with despite its Merge update in September 2022. As a result, developers have rushed to Arbitrum to create decentralized apps (dApps), and it is presently rated sixth in total value locked (TVL) by DeFi Llama. There is currently anticipation that it will…

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Blockchain Serious allegations are raised in the official Shiba Inu Discord channel against the Shibarium Beta chain forked from Rinia chain as it uses the same chain ID. Moderators on the Discord channel said anyone interacting with the Shibarium chain would actually be interacting with the Rinia chain as wallets and other application uses chain ID to determine which network to send transactions to. Top-ranked community members accused Shibarium testnet of taking Rinia testnet genesis file and changing the name, but forgot to change the chain ID. Trophias, another former developer of Shiba Inu, accused the metaverse team of buying…

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Blockchain The milestones were attained in less than a week since Kusama introduced the Shibarium public testnet. Puppyscan is the dedicated block explorer for the Shibarium Puppynet solution. Much like Etherscan, the platform provides analytics that helps users explore the Puppynet chain and monitor network activity. This allows for proper surveillance of the testnet to gain insight into its performance. Recall that Kusama introduced the early beta test of the Shibarium network, which he dubbed Puppynet, on Saturday. The test phase allows the community to test the functionality of the network to identify any bugs or issues for rectification before…

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NFT The NFT space was booming last March when Formfunction—a Solana marketplace focused on one-of-one, single-edition artwork—announced that it had raised nearly $5 million in funding from prominent backers. Just one year later, however, amid changing tides in the NFT world, Formfunction revealed that it’s closing up shop. The company announced the decision today, writing that it will shutter its NFT marketplace on March 29. In a blog post, the founders did not offer much detail into what prompted the decision. “We’re proud of what we’ve built towards our mission to help creators make a living, and we’re grateful for…

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NFT Bored Ape Yacht Club creator Yuga Labs on Wednesday opened the minting of its newest NFT collection, HV-MTL, through a so-called “summoning” process in which owners of Sewer Pass NFTs can burn—destroy—them in exchange for robots described as Mechs. First look at the new @yugalabs collection ???? HV-MTL (Heavy Metal) pic.twitter.com/ySegrBWJOm — Ben Jammin ???? (@xBenJamminx) March 15, 2023 HV-MTL (Heavy Metal) is a collection of 30,000 “Evo 1” Mechs that Sewer Pass NFTs release from a “Power Source” when burned and that will grant access to future games and content. We’ve Dookey’d and we’ve dashed. Now the holder…

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NFT The NFT has taken the world by storm, impacting various industries, including art, gaming, and real estate. One such area experiencing a revolution driven by these unique tokens is ticketing. The technology offers an array of benefits, addressing age-old issues such as fraud and counterfeiting while introducing new possibilities for fan engagement and experiences. Ticketing Reinvented: A New Role for NFTs By granting fans greater control and ownership of their tickets, NFTs have the potential to reshape the ticketing landscape. With each representing a unique, verifiable asset that cannot be duplicated or counterfeited, fans can trust the authenticity of…

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