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“# Velas increases blockchain grants program to $100M ” Switzerland-based technology company Velas has allocated $100 million to startups building on top of the Velas blockchain, marking a sizable increase from its initial pledge of $5 million earlier this year. The grants program is designed to support the growth of the Velas ecosystem and expand…
“# Ripple launches $250M fund for NFT creators ” Ripple Labs is launching a fund for creators, marketplaces and brands to explore new use cases for nonfungible tokens, or NFTs, on its ledger. In a Wednesday announcement, Ripple said the $250 million fund would be focused on accelerating adoption in the crypto space by working…
“# Smart contracts are coming to Bitcoin through Dfinity’s Internet Computer ” Dfinity Foundation’s Internet Computer blockchain is bringing smart-contract capabilities to the Bitcoin (BTC) network, potentially opening the door to new use cases for the premier cryptocurrency. Internet Computer will utilize its so-called chain key cryptography to integrate with Bitcoin, paving the way for…
“# Google partners with NFT leader Dapper Labs to support Flow blockchain ” Search engine giant Google is joining forces with Canadian blockchain studio Dapper Labs to help support the development of new Web 3 products and services, including the wildly popular nonfungible token, or NFT, marketplace. As part of the deal, Google Cloud will…
“# $300M incentive program backs 100% rally in Harmony (ONE) price ” Protocol and community development initiatives have become the latest trend in the cryptocurrency market after a number of projects have launched multi-million dollar funds aimed at enticing builders and investors to make the cross-chain migration into the layer-2 ecosystem. The latest project to…
“# Bug in Ethereum client leads to split — EVM-compatible chains at risk ” A major consensus bug has affected more than half the Ethereum network’s nodes, causing those running older versions of Geth to split from the main network. According to Ethereum software developer Marius van der Wijden, an attacker exploited a vulnerability affecting…
“# Microsoft wins US patent for ‘ledger-independent token service’ ” American tech giant Microsoft has won a blockchain-related patent for techniques for implementing a cross-chain token management system. The United States Patent and Trademark Office (USPTO), the agency granted the patent to Microsoft’s subsidiary Microsoft Technology Licensing on Aug. 24. Filed in February 2019, the…
“# Monero price rises 20% after Atomic Swap implementation ” Monero (XMR), the largest privacy-focused cryptocurrency by market capitalization, has posted a 20% price surge following the launch of the Atomic Swap implementation program last week. On Friday, the Monero Project officially announced a rollout of the Atomic Swap implementation developed by the cross-blockchain protocol COMIT,…
“# Bison Trails launches Binance Smart Chain support ” Bison Trails, an enterprise infrastructure provider for the blockchain and cryptocurrency industry, has extended support to developers of Binance Smart Chain — a move the company says will contribute to the health and security of the rapidly growing DeFi sector. Through Bison Trails, developers on Binance…
“# Crypto developer will lead Twitter’s decentralized social media initiative ” Jay Graber, a former software engineer for Zcash and blockchain firm Skuchain, will be leading the anticipated decentralized social media initiative first announced by Twitter in 2019. In a Twitter announcement on Monday, Graber said they would be in charge of the Bluesky project…