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Locus Chain Achieves World’s First Successful Implementation of Dynamic Sharding Technology

Press Release Inquiry: Bloom Technology Business Development Director Geunsoo Lee 010-5142-2558, [email protected] 802, 2-dong, 15, Pangyo-ro 228beon-gil, Bundang-gu, Seongnam-si, Gyeonggi-do, Republic of Korea Locus Chain Achieves World’s First Successful Implementation of Dynamic Sharding Technology   ā¦ Dynamic sharding is a distributed processing technology that divides the blockchain network into smaller units for efficient processing. ā¦…

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Donald Trump

Trump Embraces Blockchain: Impact on Bitcoin and Ethereum

Donald Trump has started supporting blockchain technology before the Libertarian Convention, marking a notable change in his views on cryptocurrencies. Former President Donald Trump has changed his stance on cryptocurrencies, now showing support for blockchain technology. This shift comes just before the Libertarian Convention, where crypto and blockchain will be key topics. Trump said, “Blockchain…

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STARKNET starknet STRK

Starknet Token Activity Plummets After 3AC Liquidator’s Binance Transfer

Three Arrows Capital liquidator Teneo has transferred $2.63 million worth of STRK tokens to Binance, while still holding a substantial $157 million in value. This move solidifies Teneo’s position as a key participant in the Starknet (STRK) token ecosystem, ranking as the second-largest holder outside of the team and centralized exchanges (CEX). Despite this, STRK’s…

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JPMorgan

JPMorgan’s Onyx to Scale Up Blockchain Trials from Project Guardian

Companies like JPMorgan and WisdomTree are looking to transform the blockchain experiments conducted under Project Guardian into financial products that can be scaled up for broader use. Big financial firms on Wall Street are exploring ways to turn experimental blockchain projects from Project Guardian into practical, scalable solutions.   Financial Giants Eye Blockchain Integration Stephanie…

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SUI sui

Sui Partners with Google Cloud for Web3 Innovation

Sui, a blockchain platform developed by the team behind Facebook’s Libra and Diem projects, is teaming up with Google Cloud to boost innovation in Web3 technology. Through a partnership with Mysten Labs, they aim to improve security, scalability, and user experiences for various Web3 and AI-based applications. Google Cloud Collaborates with Sui: Advancing Web3 Innovation…

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Web3 Foundation Supports StorageHub; Gavin Wood Launches Podcast

After Gavin Wood’s recent announcement regarding the new JAM protocol at Token2049, there has been a surge of new projects emerging within the Polkadot ecosystem. Among these, the Web3 Foundation has shown support for decentralized storage by endorsing Moonsong Labsā€™ StorageHub through its Decentralized Futures Program. StorageHub: Revolutionizing Polkadot’s Storage Infrastructure StorageHub, a pioneering project…

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Solana Sol

Solana Co-Founder Introduces BunkerCoin Whitepaper

Solana’s Co-Founder, Anatoly Yakovenko, has introduced BunkerCoin, a new innovation aimed at improving blockchain technology in areas with limited bandwidth by using shortwave radio. Solana Labs’ Co-Founder, Anatoly Yakovenko, has introduced BunkerCoin, a new blockchain protocol tailored for areas with limited internet connectivity. The BunkerCoin white paper, unveiled today, details its technical design to facilitate…

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Ethereum

USP Launches on Republic: Ethereum Real Estate Platform

Californian Startup Revolutionizes Real Estate with Ethereum: USP Launches on Republic.com/uspc, offering a pioneering tokenized real estate investment platform. This marks a significant milestone for USP and investors worldwide, providing access to lucrative U.S. real estate opportunities via advanced blockchain tech. USP: Democratizing Real Estate Investment USP’s platform is transforming real estate investment by providing…

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Google

Google and MultiversX Achieve New Milestone

MultiversX has announced a major milestone in its partnership with Google by integrating with Google BigQuery. This move aims to enhance accessibility and insight into blockchain data, according to an official announcement. The integration of MultiversX with Google BigQuery suggests potential growth for the MultiversX ecosystem. It highlights the network’s dedication to improving user experience…

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XRP Ripple

XRP Token Holders to Earn On-Chain Income with Approved AMM Platform

An amendment suggesting the incorporation of an automated market maker (AMM) trading platform into the XRP Ledger has achieved the necessary consensus threshold for approval. This development enables XRP token holders to potentially earn income and engage in on-chain trading. The XRP community noticed the proposal’s approval, with prominent member Vet sharing the news. They…

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VeChain VET

VeChain Gives $100k for Green Blockchain Ideas

VeChain unveils Grant 2.0, providing developers with funding opportunities of up to $100K, emphasizing sustainability and the ‘X-2-Earn’ decentralized application (dApp) ecosystems. The program encompasses improved mentorship, marketing grants, microgrants, and access to the BCG mentorship network and venture capital opportunities. VeChain Unveils Grant 2.0: A Significant Leap in Developer Support VeChain, renowned for its…

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Chainlink Link

Chainlink Automation Joins Coinbase’s L2 for Cost Efficiency

Chainlink Automation’s integration with Coinbase’s Base Layer 2 (L2) network is a major development in the blockchain space. This collaboration aims to slash transaction costs for developers by up to 90%, a significant stride toward enhancing accessibility and cost-effectiveness in blockchain development. Chainlink and Coinbase Collaborate to Boost Blockchain Development In a noteworthy alliance, Chainlink…

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Polygon Matic

Amazon Supports Polygon PoS for dApp Development

Amazon Managed Blockchain integrates Polygon PoS for streamlined dApp development, offering free access during public preview. Developers in finance, gaming, and brands gain significant benefits from this integration. Developers use Polygon PoS every day to build apps that are reliable, fast, and cost-effective. Whether it’s NFT marketplaces or turning real-world assets into tokens, Polygon is…

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SOLANA

Solana’s Phantom Wallet Introduces Cross-Chain Swapper for Ethereum Liquidity

Phantom’s latest in-app swap feature now supports all EVM tokens, seamlessly bridging them to USDC on the Solana blockchain. Phantom Expands Reach with Cross-Chain Swapper for Ethereum Liquidity Originally tailored for Solana users, the non-custodial crypto wallet Phantom is broadening its market presence. The recent introduction of a cross-chain swapper is designed to bridge liquidity…

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VeChain VET

VeChain’s 12 Game-Changing Partnerships in Blockchain

VeChain, a blockchain platform for enhancing supply chain management, has formed multiple partnerships with businesses from various sectors to verify product quality. These collaborations help grow the blockchain ecosystem and could boost the adoption and value of VeChain’s native token, VET. VeChain: Transforming Supply Chains with Blockchain and IoT VeChain is a leader in blockchain…

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Kiyosaki Questions Bitcoin as Citibank Launches Blockchain Service

The author of “Rich Dad Poor Dad,” Robert Kiyosaki, questioned whether it was time to say goodbye to both Bitcoin and the U.S. Dollar. Kiyosaki’s statement came after Citibank announced its blockchain technology for turning institutional savings into Citibank tokens, enabling instant 24/7 cross-border transactions. He asked, “Goodbye Bitcoin and U.S. Dollar?” BYE BYE Bitcoin…

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VeChain VET

VeChain’s Whitepaper 3.0: Enabling a Sustainable Future with Blockchain

VeChain has unveiled the Blockchain Biosphere for Sustainability as a key feature in its revised Whitepaper 3.0, designed to create interconnected ecosystems addressing various sustainability challenges. Additionally, the VeChain team is actively collaborating with the Cardano and RareEvo communities while participating in significant Twitter Space events, signifying its expanding influence. Bridging Sustainability with Blockchain VeChain…

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chainlink

Chainlink and SWIFT Partner for Blockchain-Based Payments

Companies like Visa, Mastercard, SWIFT, and others are teaming up for blockchain-based payments, seeing a future for this technology. Even though cryptocurrencies have faced tough times, these big players remain optimistic about the future. Chainlink (LINK) struggled to break the $6 resistance in the tough altcoin market. Important data on the blockchain offers signals about…

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Reliance Jio Mukesh Ambani

Reliance’s Jio Financial Services Explores Blockchain and CBDC Integration

Mukesh Ambani from Jio Financial Services revealed that JIS will explore blockchain and CBDCs to improve digital usage. Reliance Industries Ltd’s financial subsidiary, Jio Financial Services (JFS), is starting a technology-focused journey by exploring advanced tech like blockchain platforms and Central Bank Digital Currency (CBDC). This is aimed at making its products even better. Reliance…

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Haqqex

Shariah-Compliant Exchange Haqqex Launching on HAQQ

Shariah-compliant crypto exchange Haqqex has joined forces with HAQQ, an ethical blockchain platform. HAQQ aims to unite sustainability-focused individuals and Muslim innovators in sustainable finance. Through this partnership, Haqqex plans to offer unique features such as algo trading, commodities trading, and P2P exchanges to cater to the global Muslim community of over 1.9 billion. Through…

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Shiba Inu’s Significant DeFi Step with SSI Update

Shiba Inu, a famous meme token on the Ethereum blockchain, is solidifying its place in the decentralized finance (DeFi) ecosystem. An employee from Shiba Inu announced that they are working on implementing digital identity verification in the ecosystem’s applications. This move represents a significant milestone in the token’s journey towards transformation. Shiba Inu Sets Ambitious…

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Japan Bitcoin

Japanese Crypto Advocacy Group Calls for Revised Crypto Tax

The Japan Blockchain Association has urged the government to revise the tax regime for crypto assets. The requested changes include removing taxes on unrealized crypto gains and other reforms. The advocacy group believes that the current high tax rates are impeding the country’s web3 adoption. The Japan Blockchain Association (JBA) has formally approached the Japanese…

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Apple

US Lawmakers Worried About Apple’s App Store Limiting Blockchain Innovation

Yesterday, two U.S. Representatives wrote a letter to Apple CEO Tim Cook, inquiring about the company’s App Store guidelines. They expressed concerns that these guidelines might hinder the progress of emerging technologies like distributed ledger technology and nonfungible tokens (NFTs). Yesterday, Representatives Gus Bilirakis (R-FL) and Jan Schakowsky (D-IL) wrote a letter to Apple CEO…

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Worldcoin Surpasses Arbitrum in Daily Transactions Due to Hype

Worldcoin’s token gains over 250,000 holders in just two days since launch. Optimism’s Layer-2 blockchain surpasses Arbitrum in daily transactions after six months, per Dune Analytics. Optimism outperforms Arbitrum in daily transactions on July 25, with 844,290 transactions versus Arbitrum’s 630,534. The surge is driven by the launch of Worldcoin (WLD), the AI-powered cryptocurrency by…

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amazon

Amazon Expands Blockchain Services

Amazon, the world’s largest provider of cloud services, is expanding its Web3 infrastructure with the introduction of AMB Access and Query services. These services are part of Amazon Managed Blockchain (AMB), a fully managed solution that allows developers to build applications faster using blockchain technology. The announcement was made during the AWS Web3/Blockchain Summit in…

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USA

House Committee Votes in Favor of Crypto and Blockchain Bills

The votes represent the first time that bills specifically focused on cryptocurrencies were advanced independently, rather than being part of broader legislation. On Wednesday, the House Financial Services Committee made progress on a series of crypto bills during a significant markup session. Despite the challenges posed by the FTX crypto exchange situation, a majority of…

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multichain

Fantomā€™s Future in Limbo After Multichain Hack

Multichain’s hack has disrupted the Fantom ecosystem, prompting Binance to suspend deposits and withdrawals. Analysts are questioning the future of Fantom Foundation and its native token, FTM. Analyst Worries About Fantom Blockchain’s Future Amid Multichain Hack Fallout Crypto analyst Miles Deutscher expresses concern over the future of the Fantom blockchain ($FTM) due to a severe…

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FedNow Not a Central Bank Crypto

The Federal Reserve has certified the FedNow Service as “ready” following successful testing with 41 financial institutions, 15 service providers, and the U.S. Department of the Treasury. The service is set to launch by the end of July 2023. The Federal Reserve of the United States clarified that its new instant payment service for organizations,…

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Terra Classic

Terra v2.4 Upgrade Boosts LUNA Adoption

Terra blockchain achieved a major milestone with its strategic upgrade to version 2.4 at block height 5994365. The upgrade introduced various updates aimed at enhancing the adoption of its native token, LUNA. The Terra Twitter page announced the significant upgrade to version 2.4, aimed at promoting wider LUNA token acceptance. Terra Core has successfully upgraded…

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multichain

Multichain Suspends Operations Following $122 Million Outflows from Fantom Bridge

Multichain is currently investigating the situation and has advised all users to stop using its services temporarily. On July 6, the multichain bridge experienced significantly high outflows, indicating a possible exploit of the platform involving millions of dollars. Shortly after, Multichain protocol announced the suspension of its operations. According to reports, a substantial sum of…

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Mastercard’s Blockchain App Store for Regulated Financial Apps

Mastercard empowers developers with tools for creating innovative payment apps for enhanced efficiency. Mastercard is preparing to launch a “Multi Token Network” in beta soon for financial payments. Raj Dhamodharan, Mastercard’s EVP and Head of Crypto and Blockchain, describes it as a blockchain-powered app store for creating regulated financial applications. It will essentially be an…

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NEAR

NEAR Foundation and Alibaba Cloud Collaborate to Boost Web3 Growth in Asia

NEAR Foundation and Alibaba Cloud join forces to provide developers with a data query API through multi-chain indexing. NEAR Foundation partners with Alibaba Cloud to drive Web 3 growth in Asia and the Middle East. The non-profit organization, responsible for developing the NEAR protocol ecosystem, collaborates with Alibaba Cloud, the computing and storage division of…

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VeChain’s Advancements Highlighted by Coinbase: VET’s Key Role in Blockchain Markets

Coinbase exchange intends to add VeChain’s native tokens, VET and VTHO, to its platform, despite the recent regulatory actions taken by the US Securities and Exchange Commission (SEC). Coinbase, a major cryptocurrency exchange, has recently highlighted the notable progress made by VeChain. In a recent announcement, Coinbase revealed its plan to include VeChain’s native tokens…

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MasterCard Has Filed A Trademark Application For Its Newly Developed Cryptocurrency Software

Mastercard Files Trademark for Crypto and Blockchain Software Facilitating Seamless VASP Connections Global payment technology giant, Mastercard, has generated buzz by filing a trademark application for the development of crypto and blockchain software. This strategic move indicates Mastercard’s interest in exploring and leveraging the capabilities of cryptocurrencies and blockchain technology within its extensive range of…

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Blockchain Expo Dubai 2023: The Premier Blockchain Event in the Middle East by HQ MENA

HQ MENA, a prominent events management company, is excited to reveal the forthcoming Blockchain Expo Dubai 2023. Taking place on September 20-21, this highly anticipated event will serve as a global gathering of blockchain experts, innovators, and thought leaders. Blockchain Expo Dubai 2023 strives to establish itself as the leading event for blockchain enthusiasts, entrepreneurs,…

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