Gensyn AI Secures $43M for Decentralized Machine Learning Led by a16z

Even though the focus of the tech industry has shifted to artificial intelligence, companies working in machine learning are still working to maximize the benefits of decentralized technology. UK-base...

Bank of China issues $28M in digital structured notes on Ethereum blockchain

On June 12, Bank of China’s investment bank subsidiary BOCI announced the issuance of 200 million Chinese yuan ($28 million) worth of digital structured notes minted on the Ethereum blockchain. The mo...

What Is a Decentralized Autonomous Organization (DAO)?

What Is a Decentralized Autonomous Organization (DAOs)? Decentralized Autonomous Organization (DAOs) is an organization that operates on the blockchain and is governed by a set of smart contracts rath...

Decentralized Exchanges See Spike in Market Share Amid Regulatory Uncertainty in the US: IntoTheBlock

New data from on-chain intelligence firm IntoTheBlock finds that decentralized exchanges (DEXs) are seeing a rise in market share while a regulatory offensive develops in the US. According to a new re...

Blockchain Staking Provider Chorus One Expands to Urbit With New Hosting Service ‘Red Horizon’

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...

EOS Network Foundation’s Resilience: Revitalizing the EOS Blockchain Community

EOS, once among the top ten cryptocurrencies based on market capitalization, has seen a decline in its position and currently stands in the top 50. This journey, filled with setbacks, has become a top...

Avorak AI begins development of forensic tools for Ethereum Blockchain

Crypto Forensic Tools – A Necessity Ethereum, a notable digital asset, has gained considerable momentum and is now a favored option for decentralized applications (DApps) and smart contracts. Nonethel...

How Is Fragmented Blockchain Interoperability Solved By LayerZero Protocol? – Cryptopolitan

LayerZero is an innovative protocol that solves the blockchain ecosystem’s most significant challenge: interoperability. With the proliferation of blockchains, developers have a variety of platforms o...

How Bitcoin can help secure proof-of-stake blockchain protocols

The proof-of-work consensus mechanism of Bitcoin (BTC) could become a useful means of securing a variety of proof-of-stake (PoS) smart contract blockchain protocols thanks to efforts from a Stanford U...

Real Estate Impending Crash: How Blockchain Is The Solution

Robert Kiyosaki is not the only one who has warned about a potential real estate crash in 2023. A number of other experts have also expressed concerns about the current state of the market. Some of th...

Blockchain AI Gensyn Achieves $43 Million Investment Led By a16z

Key Points: Gensyn has completed a $43 million Series A funding round, led by a16z It is a blockchain-based artificial intelligence (AI) computing protocol that achieves many expectations. The investm...

Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z Crypto

With its latest round, Gensyn has raised more than $50 million and the company said it would use the fresh capital to accelerate the introduction of the protocol and to expand its workforce, including...

Blockchain-based marketplace for compute power Gensyn raises $43 million

Deals • June 11, 2023, 7:00PM EDT London-based Gensyn, a blockchain-based marketplace protocol connecting buyers and sellers of compute power, today announced a $43 million Series A fundraise. A16z Cr...

Scaling Solution For Blockchain to a Hyper Scalability

What Is zkSync Era? zkSync Era is a layer 2 protocol which scales Ethereum with its cutting edge tech. Their aim is to increase the Ethereum throughput and maintain its foundational values.It has been...

3 Major Blockchain Networks Driving The Crypto Industry

Since its advent from more than a decade ago, blockchain has always been in the limelight of the tech world. In simple terms, blockchain is a distributed database that is shared by numerous computer n...

Transforming Digital Credential Verification with Blockchain 

The European Union (EU) Commission is striving to involve blockchain technology and Web3 solutions in different industries. In a recent announcement on June 7, the blockchain service provider, Protoko...

blockchain gaming revenue rose in May as investment soar to $476 million

A DappRadar report reveals that revenue in blockchain gaming rose in May. Despite a slight slip in dominance, the industry witnessed a 6% month-to-month increase in unique active wallets (UAW). Gaming...

GBRC72: Promoting Innovation On Bitcoin Blockchain

Key Points: GBRC721 is a novel Bitcoin Ordinals standard that was created to facilitate the introduction of Non-Fungible Ordinals collections. Despite being a very modest collection, the initial demo ...

Circular Protocol: New Blockchain Project

The Cryptonomist interviewed Gianluca De Novi, an expert in high-performance computing, Founder of a new blockchain project, called Circular Protocol.  Gianluca, who are you and what’s your story? I h...

Harnessing The Power Of AI, Blockchain, And IoT To Transform Industries

A new era of technological innovation and transformation may be unlocked by the convergence of artificial intelligence (AI), blockchain technology, and the internet of things (IoT). When integrated, t...

Ex-SEC chair Jay Clayton says agency is treating blockchain ‘bluntly;’ endorses ‘true stablecoins’

Jay Clayton, former chair of the U.S. SEC, commented on the agency’s current treatment of crypto in a conversation at Bloomberg Invest on June 8. Beginning on June 5, the U.S. Security and Exchange Co...

MakerDAO: About 42% of DAI’s Initial Use Cases Are For Decentralized Exchanges

Key Points: DAI, the stablecoin issued on the Ethereum blockchain, has gained significant traction in decentralized exchanges, with approximately 42% of its initial use cases being in this sector.  Th...

Lone Star State ‘Will Be Silicon Valley’ of Crypto: Texas Blockchain Council President

Texas’s 88th legislative session has been an especially productive one for local Bitcoin miners. Advocates celebrated the blocking of one state bill, and the passage of several others, that will likel...

ERD team unveils innovative decentralized lending platform and USDE stablecoin at EDCON 2023

Advertisement &nbsp &nbsp Stablecoins are cryptocurrencies that afford users the low-fee transactions of cryptocurrencies while enjoying the stability that characterizes fiat currencies such a...

Birla Cellulose Is Using Blockchain to Ensure Full Product Traceability

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Birla Cellulose is a company that’s utilizing blockchain technology to ensure all customers know where their produ...

Istanbul Blockchain Week: Gathering Web3 Titans in Turkey this November

Istanbul Blockchain Week, the premier event of web3 and digital assets in the Eurasia region, will be inviting the world to Istanbul, one of the most adopted cities for cryptocurrency. Kicking off on ...

Blockchain Pioneers Vitalik Buterin, Polygon Co-founder Commit $100M To Pandemic Research

Blockchain pioneers Vitalik Buterin of Ethereum fame and Polygon co-founder Sandeep Nailwal have joined forces with India-based crypto fund Crypto Relief in an extraordinary initiative aimed at combat...

Hong Kong Plans To Promote Responsible Development Of Web 3.0 With Blockchain

Key Points: The Financial Secretary of Hong Kong, Chan Mo-po, believes that blockchain is the basic technology of Web 3.0 and will continue to develop in the future. Hong Kong aims to introduce a regu...

Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges

Crypto venture capital firm Paradigm has slammed the U.S. Securities and Exchange Commission’s attempt to redefine the term “exchange” — which would if accepted, bring decentralized exchanges under it...

Former SEC Chair Behind Ripple Lawsuit Blames Cryptocurrency Exchanges, Not Blockchain

Alex Dovbnya Jay Clayton, the former chairman of the U.S. Securities and Exchange Commission (SEC), distinguishes between the technology underpinning the world of cryptocurrencies and the behaviors of...

Quantum miners would yield ‘massive’ energy savings for blockchain: Study

A pair of scientists from the University of Kent’s School of Computing in the United Kingdom recently conducted a study comparing energy consumption rates for current ASIC-based miners to proposed qua...

Grill.chat developing blockchain-based social media with EVM wallet integration

Grill.chat, the Subsocial network-based chat app, enhances its appeal by integrating ethereum virtual machine (EVM) wallet compatibility, bridging the gap between traditional wallet users and those re...