Saturday, January 11

Tag: blockchain

TRON surpasses Ethereum on 2 fronts– What’s next for its rate?

TRON surpasses Ethereum on 2 fronts– What’s next for its rate?

Daily Crypto News
1200" height="675" src="https://ambcrypto.com/wp-content/uploads/2025/01/Lennox-5-1200x675.jpg" alt="TRON outpaces Ethereum on 2 fronts - What's next for its price?" decoding="async" fetchpriority="high"/> factor Share this short article USDT on TRC-20 overall transfers struck 22 billion, overtaking ETH's ERC-20 USDT at 2.6 billion. TRON ranked leading amongst L1 blockchains by charge created over the last 6 months A relative analysis of TRC-20 and ERC-20 USDT plainly revealed TRON's supremacy in deal volume given that 2021. TRC-20 USDT deals increased, striking 22 billion, while likewise overshadowing ERC-20's 2.6 Billion. This pattern corresponded w...
Ethereum Game “The Machines Arena” Plans PS5 Availability

Ethereum Game “The Machines Arena” Plans PS5 Availability

Daily Crypto News
By Philip Maina13 hours agoFri Jan 10 2025 11:41:22 Checking out Time: 2 minutes Ethereum video game "The Machine Arena" is preparing to introduce on PS5 The video game will likewise be readily available on Steam for desktop players The Machines Arena on PS5 and Steam will have restricted crypto functions Web3 video game "The Machines Arena" is preparing to release on PlayStation 5 and Steam however with restricted crypto functions due to the 2 platforms' crypto policies. Some crypto and blockchain functions that will not be offered on the Steam variation, for instance, will be the capability to make in-game tokens and engage with NFT-b...
Polkadot parachain Phala Network introduces Ethereum layer-2 network

Polkadot parachain Phala Network introduces Ethereum layer-2 network

Daily Crypto News
Polkadot parachain Phala Network introduces Ethereum layer-2 network Oluwapelumi Adejumo · 10 hours ago · 1 minutes checked out Phala Network's Op-Succinct rollup increases Ethereum scalability with ingenious cryptographic options. 1 minutes checked outUpgraded: Jan. 9, 2025 at 2:53 pm UTC Cover art/illustration by means of CryptoSlate. Image consists of combined material which might consist of AI-generated material.Phala Network, a Polkadot parachain, has actually broadened its reach to the Ethereum blockchain by presenting a layer-2 rollup procedure developed to increase scalability and performance.According to a Jan. 8 declaration:"Phala Network has actually taken a significant advance in blockchain development by releasing the first-ever Op-Succinct Layer 2 (L2) rollup on Ether...
From failure to fortune: Jonathan Bouzanquet on blockchain and video gaming

From failure to fortune: Jonathan Bouzanquet on blockchain and video gaming

Daily Crypto News
From failure to fortune: Jonathan Bouzanquet on blockchain and video gaming News Desk · 10 hours ago With blockchain, Playa3ull Games champs real ownership of digital possessions and a player-driven advancement approach. Jan. 9, 2025 at 3:01 pm UTCJonathan Bouzanquet, the Co-Founder and Chief Strategy Officer of Playa3ull Games, signed up with CryptoSlate's SlateCast together with Editor-in-Chief Liam "Akiba" Wright and CEO Nate Whitehill. In a thought-provoking conversation, Bouzanquet shared his vision for blockchain video gaming, highlighting a community-first technique, sustainable financing, and the capacity of blockchain innovation to transform the video gaming market.Structure Games Backwards: A Player-Centric PhilosophyThe conversation looked into Playa3ull's special technique t...
Over $3 Billion Lost to Crypto Hacks and Scams in 2024, PeckShield Reports

Over $3 Billion Lost to Crypto Hacks and Scams in 2024, PeckShield Reports

Daily Crypto News
According to a report by blockchain security company PeckShield, the cryptocurrency sector experienced a sharp increase in security breaches in 2024, with losses amounting to $3.01 billion. This marked a 15% boost from 2023's $2.61 billion, showing growing vulnerabilities in the hectic digital property market. PeckShield's Breakdown of 2024 Crypto Losses PeckShield's analysis reveals that the bulk of 2024's losses originated from crypto hacks, which represented $2.15 billion, or 71% of the overall. The staying $834.5 million originated from numerous rip-offs, such as phishing attacks, Ponzi plans, and deceptive financial investment platforms. In spite of these enormous losses, efforts to recuperate taken funds have actually revealed some success. According to PeckShield, roughly $4...
ChainGPT provides a $50,000 grant to ChainAware for AI services advancements

ChainGPT provides a $50,000 grant to ChainAware for AI services advancements

Daily Crypto News
[PRESS RELEASE – Dubai, United Arab Emirates, January 8th, 2025] ChainGPT, a leader in blockchain AI services, has actually revealed a $50,000 grant to ChainAware.ai, a leader in Web3 security and analytics. This tactical financial investment intends to speed up the advancement of ingenious options developed to improve security and supply actionable insights for Web3 users and services. ChainAware.ai is committed to attending to difficulties in the Web3 community by leveraging AI and blockchain information. Its advanced tools are developed to protect users and companies while enhancing engagement methods. These consist of: Crypto Wallet Auditor: Detects and reduces deceitful wallet activity. Scams Detector and Rug Pull Detector: Issues real-time signals for suspicious deals. User Analytic...
Motion Labs Raises $100 Million in Series B Funding

Motion Labs Raises $100 Million in Series B Funding

Daily Crypto News
Motion Labs currently got $100 million in its round Series B financing, which will close at some point towards completion of January. The business's overall worth ought to be around $3 billion by the time it finishes up. The company's MOVE token has actually seen disorderly cost swings because it was introduced a month back, however designers picture an appealing future for it. Motion Labs Succeeds at Fundraising Motion Labs, a designer concentrating on L2 Ethereum services, is bucking a couple of wider fundraising patterns. For the previous couple of months, VC financing in the crypto area has actually been decreasing. This newest financing shows that financiers are still wagering on the future of L2 services. In General, Movement Labs has actually achieved success in bring in s...
Solana Devs Claim New Quantum-Resistant Vault Shields Crypto from Future Threats

Solana Devs Claim New Quantum-Resistant Vault Shields Crypto from Future Threats

Daily Crypto News
The Solana blockchain now provides the optional "Winternitz Vault", which utilizes innovative cryptographic methods to secure funds from future quantum computer system hazards. The vault utilizes Winternitz One-Time Signatures (WOTS) and 224-bit truncated Keccak256 lattice hashes, making it extremely resistant to quantum attacks like Grover's algorithm. Designers have actually presented a quantum-resistant vault on the Solana blockchain to safeguard funds from prospective dangers positioned by the growing risk of quantum computer systems. The "Solana Winternitz Vault" will include a hash-based signature system that creates brand-new cryptographic secrets for every single deal. Dean Little, a cryptography scientist and chief researcher at Zeus Network, recorded the application in ...