Arkham plans a U.S. spot trading platform, restricted by state crypto trading laws. The new platform expands Arkham’s focus beyond AI blockchain data analysis tools. U.S. users will access Arkham’s platform only where crypto trading is legally allowed. Arkham Intelligence has made a move that challenges leading market players including Coinbase and Crypto.com. On November…
Banking giant Goldman Sachs plans to launch a standalone crypto trading platform. The platform discusses with market participants to develop its blockchain platform. Goldman Sachs’ long-term goal for the crypto platform is set within the next 18 months. Investment banking giant Goldman Sachs is considering launching a separate entity for its blockchain-based digital assets platform….
Blockchain technology has brought about huge changes in the world with its concept of decentralization and secure data storage. At the core of the innovation is layer 1 blockchains, which are the foundation infrastructure responsible for developing the blockchain space. In this article, we’ll talk about layer 1 blockchains, their limitations, and benefits to the…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 WalletConnect Foundation, in collaboration with Reown, has introduced two major initiatives—WalletGuide and WalletConnect Certified to make crypto wallets more user-friendly. WalletGuide serves as a comprehensive resource to help users navigate the world of crypto wallets, while WalletConnect Certified establishes rigorous UX standards for wallet providers, aiming to enhance accessibility…
In the blockchain world, keeping the blockchain secure, efficient, and up-to-date is essential. Whether adding new features or updating existing rules, a collective agreement from the community is required. That’s where blockchain forks come in. They allow for both major and minor upgrades to the network. In this article, we’ll dive into the two main…
Bangkok will host the Open AGI Summit on November 13 alongside DevCon 2024. The summit focuses on ethical AI development through decentralized governance models. Prominent speakers include Pramod Viswanath and Sandeep Nailwal from leading firms. Bangkok is set to be the epicenter of innovation as it hosts the Open AGI Summit on November 13, 2024,…
Wellington Management, an asset manager with over $1 trillion in assets, has announced a partnership with Ondo Finance in a collaboration that aims to power intraday redemptions for a newly unveiled tokenized US Treasury fund. Ondo is a decentralized finance protocol that’s seeing rapid growth in the tokenized assets market. Ondo and Wellington team up…
Layer 1 blockchains serve as the foundational infrastructure for decentralized networks, handling all transaction processing, consensus, and data storage on-chain. These blockchains do not rely on secondary layers to validate transactions, ensuring a high degree of decentralization. Notable Layer 1 blockchains include Bitcoin, Ethereum, and Solana, each offering distinct approaches to scalability, security, and consensus….
In the evolution of the blockchain landscape, two fundamental concerns continue to persist: scalability and usability. NEAR Protocol, which started in 2020, directly addresses these problems with the help of innovative solutions. Being fast, cost-effective in terms of transaction fees, and user-friendly, NEAR helps developers and users to interact with decentralized applications (dApps) easier. What…
Kraken, a global cryptocurrency exchange, plans to launch its blockchain, Ink, by early 2025. The blockchain aims to give users access to decentralized finance (DeFi) without intermediaries. Kraken’s project, inspired by Coinbase’s Base network, will begin with a beta phase set for later this year. Blockchain developers will use Ink to build decentralized applications (dApps)…
CrossFi launched an EVM-compatible mainnet for scalable web3 payments. The network supports 10,000 TPS and bridges Ethereum assets seamlessly. Governance uses MPX tokens, with fees averaging $0.02 per transaction. Cross Finance, commonly known as CrossFi, has announced the launch of its EVM-compatible mainnet, marking a significant step in the evolution of decentralized finance (DeFi) and…
Circle has positioned itself to integrate natively and directly into native Sui Network Layer 1, an optimal blockchain determined by the incorporation of the Move programming language. This partnership will therefore provide a concrete and major step towards easy, convenient, and efficient use of stablecoins through multiple blockchains. It will also empower users with enhanced…
0G has transitioned into a Decentralized AI Operating System (dAIOS). Initially, OG was a leading modular AI blockchain. 0G aims to democratize AI as a public good, attracting interest across various sectors. On October 1, 2024, 0G announced a groundbreaking shift in its identity, evolving from a leading modular AI blockchain to the world’s first…
Matter Labs has laid off 24 employees, over 16% of its workforce, amid market changes. The company is shifting focus from general-purpose scaling to niche applications. Despite layoffs, Matter Labs continues hiring for critical engineering and business roles. Matter Labs, the company behind the Ethereum scaling network ZKsync, has announced the layoff of over 16%…
Sony launches Soneium blockchain to drive mainstream web3 adoption. Soneium focuses on scalability, built on Optimism’s Superchain. Soneium rollout will be in a three-phase plan: onboarding developers, integrating Sony products, and expanding to enterprises. Sony has officially entered the blockchain arena with the launch of its own network, Soneium, developed in collaboration with Singapore-based Startale…