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Blockchain
Worldcoin Blows up in Chile; Sign-Ups Exceed 1% of the Population
Worldcoin, the biometric wallet and ID project, has reported that it has signed up more than 1% of the population of Chile. According to the organization, more than 200,000 Chileans are already using Worldcoin, a popularity uptick shared…
NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible Sector
Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $341.37 million…
Block.one’s Settlement Offered a ‘Tiny Fraction’ of the $4.1 Billion Raised — EOS Network Foundation…
According to Yves La Rose, the founder and CEO of the EOS Network Foundation (ENF), the blockchain software company Block.one’s failure to financially back the EOS ecosystem after the 2018 initial coin offering (ICO) is one of the…
Dogecoin Beats Bitcoin in Price Stability Amid Crypto Trading Lull
DOGE's new-found stability reflects a lack of investor interest in trading alternative cryptocurrencies.
‘Embracing Tokenization Now Is a Strategic Move for the Future’ — Metatime CEO Yusuf Sevim
While tokenization of real-world assets (RWAs) like gold and real estate is a prospect that unnerves stakeholders in traditional financial systems, according to Yusuf Sevim, the co-founder of the decentralized protocol Metatime, this can…
Ethereum’s Holesky Testnet Fails To Launch, in Rare Tech Misstep for the Blockchain
Developers of the Ethereum blockchain say there was a misconfiguration in the genesis files of the test network, and now they plan to try again in about two weeks.
Animoca Game Studio to Launch BTC-Based Metaverse Token, Signaling New Era for Bitcoin
Animoca Brands subsidiary Darewise Entertainment has announced plans to launch the first-ever metaverse token for the Bitcoin blockchain. The studio says the new token aims to power a full ecosystem on Bitcoin for gaming, brands, and…
Axie Infinity’s Stats Slump: A Play-to-Earn Reality Check
Axie Infinity ranks among the largest blockchain-driven play-to-earn games ever. However, its luster has dimmed considerably from its January 2022 peak. Then, a robust 2.78 million average monthly players flocked to the game. Yet,…
American Bankers Association States a CBDC Is ‘Unnecessary’ and Presents ‘Unacceptable Risks’ to the…
The American Bankers Association (ABA), an organization that represents banks custodying $18 trillion in deposits and processing $11 trillion in loans, believes that issuing a central bank digital currency (CBDC) in the U.S. is…
Sony Announces Joint Initiative to Create Blockchain for Spearheading Its Web3 Strategy
Sony Network Communications, part of the Sony Group, entered into a joint initiative to create a blockchain project that aims to serve as the “backbone of global Web3 infrastructure.” The new company, created with Startale Labs,…