On-chain organizations: Skeptics, maxis and what is realistic

The Chinese government is purportedly supporting the construction of a "blockchain  city" in the critical shipping lane of the Malaysian Malacca Strait. The development was announced in a press release shared with Cointelegraph on April 26.Construction and engineering company China Wuyi and investment network SWT International Sdn Bhd have jointly launched the Chinese government-backed project…

Non-fungible token (NFT) projects have been hard hit by the price decline across the cryptocurrency ecosystem and the current bearish conditions have spared few tokens from a price collapse.One project that is attempting to get back on solid footing is Immutable X (IMX), an NFT-focused layer-2 (L2) scaling solution for the Ethereum (ETH) network designed…

What a difference three months makes. Back in March, there was a jubilant atmosphere when Beeple’s mega nonfungible token sold for $69.3 million. You didn’t have to look far to find bold proclamations that crypto art was the next bold frontier in culture — offering opportunities to fledgling creators and transforming the way we interact…

The Thai branch of U.S. global IT company IBM will promote blockchain and artificial intelligence (AI) in order to turn the country into a major sales hub in the surrounding region, English-language daily news outlet The Bangkok Post reports Wednesday, Nov. 14.According to the article, IBM is going to promote blockchain in collaboration with the…

Three Arrows Capital. Celsius. Voyager Digital. The list of crypto bankruptcies, shutdowns and trading freezes has been endless in 2022. And the year isn’t over yet. This week, German crypto bank Nuri urged its users to withdraw funds ahead of the company’s planned shutdown in December — at least Nuri’s users were given proper notice. The…

The U.S. exchange plans to roll out support in early 2021. U.S. digital currency exchange Coinbase has outlined plans for supporting Ethereum (ETH) 2.0 staking rewards — possibly setting the stage for even wider adoption of the smart contract platform. In an official blog post, Coinbase said it plans to roll out Eth2 staking, trading, and…

The AvengerDAO was developed in association with some of the leading blockchain security analy firms and top DeFi projects in the crypto ecosystem. 417 Total views 5 Total shares BNB Chain, the native blockchain of Binance, has launched AvengerDAO, a new community-driven security initiative to help protect users against scams, malicious actors and possible exploits.The…

An open letter calls for a review of the European AI Act, claiming that existing provisions would hinder open source AI development. 144 Total views 2 Total shares An open letter from GitHub, Hugging Face, Creative Commons and other tech firms are calling the European Union to ease upcoming rules for open-source artificial intelligence models.The…