Author: Jeremy Ryan

Blockchain zkSync Era’s latest partners are Xsolla and WEMADE. zkSync Era has gained funding and recognition since the start of the year. zkSync Era, the future-proof zkEVM is expanding its functionality era by collaborating with various arena firms. The most recent addition to the list is the Web3 gaming zone. Latest partners are Xsolla, a global gaming commerce company, and WEMADE, a popular game developer and publisher. Decentralized web3 gaming and innovation protocol, @x_la_official, is coming to zkSync Era. Learn more about the collaboration, and why XLA is building on zkSync Era, below. #jointhemissionhttps://t.co/HCzM60Rfd0 — zkSync ∎ (@zksync) March 22,…

Aavegotchi, the popular community-owned NFT gaming protocol, is gearing up to launch its powerful new Gotchichain, a blockchain designed for all things Aavegotchi. The new chain will utilize Polygon Supernets, a technology that optimizes gaming performance with faster transaction times, lower gas fees, and superior scalability. This move will benefit the Aavegotchi community and the entire blockchain gaming industry.???? ATTN Gotchigang, exciting news! ????????We’re thrilled to announce the upcoming launch of @Gotchichain, a dedicated blockchain for all things Aavegotchi, powered by @0xPolygon Supernets!Read on to see what this means for $GHST and gaming on Aavegotchi ???? pic.twitter.com/e4bmsohKnX— Aavegotchi ???? ????…

NFT Sotheby’s, the 279 year-old auction house that began showcasing NFTs in 2021, appears to have brokered what could be its most disappointing digital art showcase yet. Dubbed “Oddly Satisfying,” a collection inspired by a popular subreddit of the same name, the auction of 58 lots yielded middling results at best. The top-selling piece, “Eternity” by the artist Anyma, nabbed €50,800 ($54,600). That was below Sotheby’s estimated closing price of between €70,000 and €100,000. It was also a far cry from the whopping $11.8 million a single CryptoPunks NFT fetched during a June 2021 Sotheby’s auction. That same year, Sotheby’s…

NFT Bitcoin NFT inscription activity has remained strong with consistency in the daily number of NFTs inscribed on Bitcoin. At the same time, the infrastructure to foster Bitcoin trading is finally coming together with the development of wallets and marketplaces supporting Ordinals. NFT marketplaces, Gamma and Magic Eden, added support for Bitcoin NFTs this week. While the initial response of traders has been subdued, the activity is expected to pick up soon. Improving the infrastructure around Bitcoin NFTs Bitcoin NFTs, also-known-as Ordinals, began with much fanfare in late January as they enhanced the utility and revenue of the Bitcoin blockchain.…

NFT Non-fungible tokens were launched on the crypto market in 2017 by introducing Cryptokitties and Cryptopunks that have immediately caught the public’s attention. Since their debut, the sector exploded and triggered even more buzz around the Ethereum blockchain, facilitating their creation. Why is Ethereum at the forefront of the NFT movement? Is it the only blockchain to allow the development of non-fungible tokens? Several other blockchains host NFTs, and many other cryptocurrencies can be used to buy non-fungible tokens, so why does everyone turn to Ethereum when interested in NFTs? Smart contracts and the ERC-721 token Ethereum is the first…

NFT NFTs continued to grow beyond their humble Ethereum roots this week, with Magic Eden becoming the first major NFT marketplace to offer Bitcoin-based collectibles on its platform. Web3 gaming was also in the spotlight, as Sony filed a patent that could make NFTs transferable between different games and consoles. Meanwhile, blockchains Immutable and Polygon announced a major partnership aimed at making it easier for developers and game studios to jump into Web3. This Week’s Alpha Magic Eden’s Ordinals expansion: Magic Eden has launched its own Bitcoin-based exchange for Ordinals NFTs, expanding its roster of supported blockchains and bridging the…

A US judge has dismissed a lawsuit involving the highly priced ‘Quantum’ NFT after deeming it a desperate attempt to cheat a genuine artist out of his work. The dispute surrounded ownership, as the plaintiff sought to determine if blockchain provenance truly guaranteed digital asset ownership.The ruling took place on March 17, and involved Free Holdings, a Canadian company, versus Kevin McCoy, a digital artist behind the ‘Quantum’ NFT. McCoy used code to create the NFT back in 2014, which represents an abstract of the ongoing cycle of birth, death, and rebirth.However, the blockchain system he used to store the…

Blockchain Interbank cooperative SWIFT announced the successful completion of its blockchain-based solution to reduce the costs associated with corporate actions. The Society for Worldwide Interbank Financial Telecommunications (SWIFT) announced that it successfully concluded an experimental solution to reduce the costly frictions associated with corporate actions. In partnership with 6 leading securities players, including @AmericanCentury, @Citi & @NorthernTrust, we’ve successfully trialled an innovative #blockchain solution to reduce costs & frictions in corporate actions. Check out the pilot results & next steps: https://t.co/8PFjKaNZo0 pic.twitter.com/kYO9koXLlN — Swift (@swiftcommunity) March 23, 2023 Together with six leading securities industry participants, including Citi, Northern Trust and…

Blockchain A large-scale FUD campaign targeted the Shiba Inu ecosystem following speculations that the Shibarium code was an exact clone of Rinia. Shiba Inu’s Shibarium developers have officially changed the Chain ID of the Shibarium testnet to address circulating FUD that had erupted on the heels of speculations that the Shibarium testnet code was a copycat of the Rinia network. Pseudonymous Unification validator Ringoshi Toitsu called public attention to the development through his Twitter handle today, sharing a snapshot of the reviewed Chain ID. BREAKING — #Shibarium Testnet Chain ID has officially been updated from 917 to 719! ????#ShibariumBeta #Unification…

NFT The metaverse platform Degentraland shared a Twitter thread on March 23, commenting on the necessity and immediacy of developing on-chain reputation scores for NFT projects. Notably, the platform tweeted that the significance of the reputation scores would grow further: NFT projects should develop on-chain reputation scores ASAPBeing a highly valued member in the @BoredApeYC or @Azuki communities matters more than having a Stanford MBA in many contextsIt will likely continue to grow in importanceFirst mover advantage matters here. A lot. — Degentraland (@Degentraland) March 23, 2023 Further, Degnetraland referred to the Bored Ape Yacht Club (BAYC), the unique collection…