Blockchain & crypto news from India
On July 4, a report from blockchain analytics platform DappRadar revealed that in the second quarter, the number of users utilizing Web3 applications soared to an all-time high. The report indicated that there were approximately 10 million daily unique active wallets (dUAW) throughout the quarter, marking a substantial 40% surge from the first quarter and…
A recent study conducted by researchers in the United Kingdom has investigated the effectiveness of current intellectual property (IP) laws and their ability to regulate new technologies like the metaverse. The study revealed various inadequacies in the current laws and presented recommendations to address these shortcomings. This research is significant as the metaverse continues to…
Reaching out to user traffic, followed by user content, and now user’s crypto wallet, the world wide web has evolved to offer direct services to users around the world. Nike, the global sports and retail merchandise maker, has entered Web3 with .SWOOSH. On SWOOSH, everyone, from consumers to athletes, can “design and own” virtual creations…
Want to join the Web3 revolution? Set up your wallet, get some Bitcoin or Ether and welcome onboard. A little wallet tucked on the browser’s tool bar is bringing about the next great revolution in the world wide web, or loosely called, the internet. Not everyone is impressed though, and least of all, the founder…
After Amazon’s AWS service taking a good share of blockchain operation by running a significant number of Ethereum nodes, Google Cloud too entered the node hosting space. The Blockchain Node Engine will be a fully-managed node hosting service that will support Web3 development beginning with Ethereum. Web3 has become the buzz word for 2022 after…
Speculative investments and cryptocurrency crashes are occasionally associated with blockchains. Some start-ups are attempting to implement Web3 use cases in Africa, such as getting unbanked individuals online and into a more centralized financial system. According to data from the Swiss Crypto Valley Venture Capital, or CV VC, while funding for African blockchain businesses raised $127…
Seracle, the blockchain-as-a-Service (BaaS) platform has declared the launch of Web 3.0 NFT (non-fungible token) infrastructure for cooperates and brands across sectors to aid them in developing their customized NFT marketplaces.
Anatoly Yakovenko, the CEO and co-founder of Solana had a Steve Jobs moment when he launched the Saga, an Android web3-based smartphone in New York City.
Payments giant Mastercard announced this week that its cardholders can now purchase NFTs without crypto. The move comes as an effort to make purchasing NFTs easier and safer. The company has partnered with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway, and MoonPay. So, what exactly does Mastercard’s latest initiative mean for the…
Just one day after the Solana network temporarily stopped on June 1, in an announcement published by Alchemy, the Web3 development platform, and infrastructure provider declared its support for the controversial blockchain. Resulted due to a bug that made it impossible to reach network consensus, the Solana blockchain stopped for around four hours on Wednesday….