Sony Blockchain Solutions Labs, in collaboration with Startale Labs, recently unveiled plans to create Soneium, a blockchain platform that aims to bridge the gap between Web3 and Web2 technologies. The primary goal of Soneium is to enhance accessibility to blockchain technology while offering solutions that are scalable, efficient, and capable of addressing real-world challenges. Soneium
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As the cryptocurrency market grapples with uncertain price movements and lack of clear direction, the Ethereum (ETH) network is on the brink of a major transformation with the upcoming Pectra upgrade scheduled for the first quarter of 2025. This upgrade has garnered significant attention from bullish analysts who believe it could be the driving force
The FBI has recently announced a groundbreaking decision to utilize Non-Fungible Tokens (NFTs) to return $1.14 million to victims of the CluCoin fraud scheme. This marks a significant departure from traditional methods of victim contact and restitution in cases of financial crime. By leveraging NFTs, the FBI aims to streamline the recovery process for victims
In recent times, the Layer 2 network landscape has witnessed a significant shift, with Base, an Ethereum Layer 2 network incubated by Coinbase, making impressive strides. According to research conducted by IntoTheBlock, Base now boasts nearly 40% more daily active addresses compared to its competitors, Arbitrum and Optimism. This substantial growth underscores Base’s increasing dominance
Coinbase has made an announcement regarding its support for the Ethereum layer-2 network, specifically for the planned token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL). Scheduled to begin on Aug. 26, the migration from MATIC to POL aims to streamline transactions on the network and enhance user experience. During the migration
Aethir and Return Entertainment have come together to offer a new and innovative cloud-based gaming experience right in your living room. Bringing together Aethir’s enterprise-grade GPU services and Return Entertainment’s streaming platform, this partnership aims to provide cinematic scalable gaming adventures on TVs. This collaboration is not just limited to gamers but also benefits streaming
Bright Star Studios, the creators of the highly anticipated MMORPG Ember Sword, recently made waves in the gaming community by announcing their transition from Immutable X to the Mantle Network. This bold move aims to revolutionize the gaming experience by leveraging Mantle’s cutting-edge technology. But what does this switch mean for the game, its players,
TeraWulf’s recent earnings report for the second quarter of 2024 highlighted a decrease in Bitcoin production compared to the same period in the previous year. The company mined 699 BTC across its facilities, representing a 21% decrease from the preceding year. This decline in BTC output could be concerning, especially in the context of a
Norway, a country with a population of nearly 5.5 million, has made significant investments for its citizens totaling around $1.7 trillion. A portion of these investments is held in Bitcoin stocks, and the government has recently increased its holdings in the cryptocurrency. In fact, Norway now indirectly owns 2,446 BTC through its investments in crypto
The partnership between MetaMask, Mastercard, and Baanx has paved the way for a new era of cryptocurrency spending with the introduction of the MetaMask Card. This innovative card is currently in the trial phase in the UK and EU, offering users a seamless way to make everyday purchases using their cryptocurrency holdings directly from their