BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
Sushi Deploys to Kava, Debuting Major UI Overhaul
Sushi completes deployment to the Kava blockchain with a liquidity pool eligible for KAVA and SUSHI token rewards.
Earlier this year, Kava shook up the L1 industry with its Ethereum Co-Chain launch, sparking the fastest growth of protocols on any blockchain in 2022. Today, tier-1 DeFi protocol Sushi combines its deployment to Kava with an up to $7M matching rewards plan alongside their elegantly redesigned Sushi 2.0 user interface.tly redesigned Sushi 2.0 user interface.
MetaMask Integration Unlocks Decentralized Social for Millions of Ethereum Users
DeSo, a new blockchain-backed by Coinbase, Sequoia, and Andreessen Horowitz, has announced its integration with MetaMask. As a result, millions of Ethereum users can now enjoy one-click access to encrypted on-chain messaging and a full Twitter-like feature set.
Dubai Seeks to Become Hub of Metaverse
Dubai has set the ball rolling to improve people’s lives and render creative solutions by positioning itself as the global capital of Web3 through its new blockchain and metaverse technology.
Global Blockchain Technology Market in BFSI Sector Expected to Hit $4.02B by 2026
The global blockchain technology market in the banking, financial services, and insurance (BFSI) sector is expected to hit $4.02 billion by 2026 thanks to a surge in FinTech spending, according to ReportLinker.
European Central Bank Considers Rolling Out Blockchain-Powered Bank Transactions
The European Central Bank (ECB) seeks to be ahead of the game by studying how blockchain-based bank transactions will enable more money control even if lenders change to distributed ledgers.
FTX Wins Bid to Take Over Bankrupt Voyager's Assets
FTX took over bankrupt crypto brokerage Voyager Digital Ltd.'s assets after winning an auction with a bid of about $50 million, the information was shared by people familiar with the matter.
Crypto Fugitive Kwon Denies Hiding from Authorities
Do Kwon tweeted "yeah as I said I'm making zero effort to hide. I go on walks and malls, no way none of CT hasn't run into me the past couple weeks," denying running away from the authorities.
Ethereum Network's Transaction Prices has Declined: The Block
The Ethereum network's gas fees have declined significantly since 2021, according to The Block.
Pop Culture Collectibles Firm Funko Launches Game of Thrones NFT
Fantasy-themed TV series "Game of Thrones" launched its NFT through the US fashion play giant Funko, which will be released on October 4 on the NFT platform Droppp.
Walt Disney Seeks Attorney to Explore Emerging Technologies in NFTS
Walt Disney Company is hiring a deal attorney to explore emerging technologies, including NFTs.