Author: Jeremy Ryan

Blockchain Oasys Blockchain is on the way to achieving its mission of promoting the adoption of blockchain technology. Known for establishing successful partnerships, the blockchain network recently added KDDI to the list of validators that SoftBank entered on February 16, 2023. Under this partnership, the Japanese giant, KDDI, looks to explore opportunities for gaming and entertainment via collaboration with the network. The development of KDDI follows the launch of αu – Alpha U, a metaverse service where users can unleash their creativity. Products and services offered in Alpha U include music, streaming, art appreciation, and virtual shopping, among others. Users…

Blockchain Coinbase issued an open call to developers to experiment with a variety of unconventional DeFi applications on its layer-2 network Base. Selected teams will receive a grant from the Base Ecosystem Fund and strategic assistance from the Coinbase team. Base is the crypto exchange’s Ethereum-centric scaling solution. Announced in February 2023, the layer-2 network draws from the Optimism tech stack, another rollup-based scaling product for Ethereum. Coinbase’s notice specifically highlighted a call to develop stablecoins that are not necessarily pegged to the dollar, pointing to projects like Olympus DAO, Reflexer, and Frax Finance. Frax’s FPI stablecoin, for example, is…

Web3 project, Overlord, has teamed up with development studio, Revolving Games, to create a sci-fi game based on its popular Creepz Lizard NFTs. This announcement was made on March 24, much to the delight of the fans of the NFT project.According to Don Smith, cofounder of Overlord, the yet-to-be named game will take place on multiple planets and universes. Both the project and the game developer are dedicated to delivering a title that is accessible across chains right from the very beginning.That said, players can expect to get immersed in various alien civilizations, each boasting its own story line. Smith…

Gem.xyz is a widely used NFT aggregator that runs on the Ethereum blockchain. On Gem, you can explore, collect, and trade NFTs, as well as sweep collection floors across many marketplaces. It currently aggregates data from more than 170 NFT marketplaces, which can be viewed in full here.Gem handles gas fees efficiently for batch purchases. NFT aggregators are gas-efficient alternatives to purchasing NFTs directly on marketplaces. They allow pro traders to buy multiple NFTs in a single transaction, which in turn, saves gas. At the time of writing, the trade volume on top NFT aggregators accounts for approximately 28% of total NFT trades, with Blur, Gem,…

NFT The U.K. Treasury is canceling its plans to release a government-backed non-fungible token (NFT) aimed at making the United Kingdom a global crypto hub. Initially proposed by U.K. Prime Minister Rishi Sunak when he was chancellor in April 2022, the Royal Mint was tasked with releasing the coin by the summer of 2022 but apparently faced delays. The Royal Mint had previously teased plans for utilizing blockchain technology to track its gold supply in 2017. In a statement on Monday, the U.K.’s economic secretary Andrew Griffith said that the plans were not moving forward “at this time” but that…

Binance, the world’s largest cryptocurrency exchange, has announced the global expansion of its artificial intelligence (AI) driven NFT service, Bicasso. This follows a highly successful test in Europe. In early March, Bicasso captivated the attention of NFT enthusiasts, combining groundbreaking technology and artistry to offer users a unique experience in the world of non-fungible tokens. So, what’s next for Bicasso?Bicasso’s Global UnveilingFrom March 29 (12:00 UTC) to March 30 (00:00 UTC), Bicasso unlocks for 12 hours, catering to an additional 100,000 consumers on a first-come, first-served basis. This global launch aims to reach both existing and new users, providing an…

‘Tis the minting season it seems! As yet another part of Magic Eden’s March Minting Madness, Hunters On-Chain brings us the final chance to mint Chests for T1 Genesis Hunters. Capped at a total of 3,333 NFTs, these T1 Hunters come equipped with legendary artifacts that increase their game earnings! Though they still are just running on a testnet, Hunters On-Chain has already developed quite a bit of buzz and a seemingly strong playerbase. At at the end of this month, interested players have a final chance to mint their own T1 Genesis Hunter — playable character NFTs that come…

Layer 2 Ethereum projects have a lot of potential for development in the near future, and they are currently prospering to attract a large number of TVLs to the ecosystem. StarkNet is a novel Layer 2 solution featuring zkRollup technology gaining traction in the StarkWare ecosystem and is also receiving attention from the community. What is StarkNet? StarkNet is a layer 2 Ethereum solution that is part of the zk-Rollup solution. Because of StarkNet’s dependency on the STARK system – StarkWare’s technological development – any dApp may run, function, and expand endlessly without jeopardizing Ethereum’s capacity to aggregate and protect.…

NFT US law enforcement officials are lauding Blockchain Intelligence Group for the crypto investigative firm’s “significant collaboration” with federal officers probing the Frosties NFT collection rug pull. Blockchain Intelligence Group’s role, officials said in a statement on Monday, resulted in the first federal arrest pertaining to an alleged NFT scam and prevented “additional victims from being defrauded.” Federal authorities awarded Blockchain Intelligence Group’s parent company, the publicly traded BIGG Digital Assets, the Homeland Security Investigations’ annual “private sector partnership award,” they said. Firm executives and employees were recognized in a ceremony at New York’s John Jay College of Criminal Justice…

2. How does blockchain technology help in fake product detection? Blockchain technology can aid in the discovery of fake products by offering a tamper-proof and transparent record of the entire supply chain, making it simpler to trace and verify the authenticity of products and enabling the prompt identification of any fraudulent activity. Blockchain technology can be used to increase supply chain traceability and transparency, which can aid in identifying and stopping the sale of counterfeit goods. Blockchain establishes an immutable and transparent record of a product’s path from maker to end-user by documenting every transaction and movement of a product…