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Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform
decentralized application

Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform

Decentralized applications startup Near Inc announced $21.6 million tokens raised led by venture capital firm Andreessen Horowitz (a16z). Joined by other investment firms, including Libertus, Animal Ventures, Notation Capital, Blockchange, Pantera Capital, and Distribution Global, the token sale is the network’s second funding, following a $12.1 million round last July.

Decentralized Finance (DeFi)
decentralized application

Decentralized Finance (DeFi)

DeFi stands for decentralized finance, which owns the blockchain advantages, thus removes trusted third parties and more. DeFi will have profound impact to traditional financial industries.

Decentralized Exchanges—UniSwap vs SushiSwap Explained
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Decentralized Exchanges—UniSwap vs SushiSwap Explained

A quick insight into the world of decentralized exchanges and the ongoing war between Uniswap and Sushiswap.

Global Energy Sector: Blockchain Application to hit $6.29 Billion by 2024
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Global Energy Sector: Blockchain Application to hit $6.29 Billion by 2024

BIS Research has presented a new market intelligence report dubbed ‘Global Blockchain in Energy Market - Analysis and Forecast, 2018-2024.’ It reveals that blockchain application in the energy market was worth $518.6 million in 2018 and its value will reach $6.29 billion in 2024.

Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks
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Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks

Li Wei, the Technology Departmental Head of the People’s Bank of China, has urged Chinese commercial banks to embrace blockchain and digital finance.

IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen
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IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen

The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the launch of its testnet of a fully decentralized network, Pollen.

Explosive Growth in TON Developer Community: A Comprehensive Analysis
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Explosive Growth in TON Developer Community: A Comprehensive Analysis

TON's Q4 2023 Developer Report reveals a 22.8% increase in its developer community, highlighting over 500% growth in active developers and significant advancements in blockchain technology and community engagement.

Polygon Co-Founder Proposes zk-Powered ApeChain
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Polygon Co-Founder Proposes zk-Powered ApeChain

A proposal for developing a dedicated Layer-2 chain, ApeChain, to support ApeCoin ecosystem’s growth was made within the ApeCoin DAO community by Sandeep Nailwal of Polygon Labs. The initiative aims to solve scalability issues and promote ApeCoin-integrated projects through a collaborative effort between ApeCoin DAO and Polygon Labs. Estimated at an annual cost of $200,000 funded by ApeCoin DAO, the proposal garnered support as well as raised concerns and queries from the community regarding its financial, technical, and strategic aspects.

Demand for Zilliqa Blockchain in Play-to-Earn Games Gains Steam
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Demand for Zilliqa Blockchain in Play-to-Earn Games Gains Steam

Zilliqa, a public blockchain that offers solutions to decentralized applications (dapps) and enterprises, is emerging as one of the sought-after networks in the esports industry based on notable partnerships.

EOS EVM Mainnet Launch Improves Interoperability Between EOS and Ethereum
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EOS EVM Mainnet Launch Improves Interoperability Between EOS and Ethereum

The EOS Network Foundation has launched the EOS EVM mainnet, which emulates Ethereum's Virtual Machine and aims to improve interoperability between EOS and Ethereum. This allows for the deployment of decentralized applications (DApps) written in Solidity, offering access to lower fees and faster transactions of the EOS network. Other projects have also been prioritizing EVM compatibility, including Astar Network's smart contracts and Polygon's zkEVM.

Coinbase's Base Bootcamp Launches to Address Onchain Developer Shortage
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Coinbase's Base Bootcamp Launches to Address Onchain Developer Shortage

Base, an Ethereum layer-2 network, has announced the launch of Base Bootcamp, an eight-week, cohort-based program aimed at transforming experienced software developers into smart contract developers. The initiative comes as the blockchain industry faces a significant talent gap, with fewer than 30,000 onchain developers compared to nearly 30 million traditional software developers.

Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps
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Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps

Coinbase CEO Brian Armstrong has voiced his disappointment over Apple’s lack of flexibility on decentralized applications (dApps) operating on its App store.

ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks
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ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks

ArcBlock has released an updated framework called ArcBlock Blockchain Platform 1.0. It will assist businesses and developers to quickly manage and build decentralized applications and blockchain networks.

Harvard Blockchain Lab Applauds Fight to Fame Model for True Realization of Decentralized Ecosystem
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Harvard Blockchain Lab Applauds Fight to Fame Model for True Realization of Decentralized Ecosystem

Fight to Fame, a blockchain-based entertainment platform, has been praised by the Harvard Blockchain Lab for consistently presenting decentralized events, online malls, movies, and action star reality shows. It uses a BMS business model in the production of action movies, and fans are empowered by the FF Token when voting and making purchases.

Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"
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Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"

Set out to rid the decentralized finance space, free from scammers, DeFi creators tried to patent the term ‘DeFi’. However, this was short-lived as the United States Patent and Trademark Office rejected the registered application last January.

China Looking into the Application of Blockchain and AI for Cross-Border Financing
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China Looking into the Application of Blockchain and AI for Cross-Border Financing

China is researching the application of blockchain technology and artificial intelligence in cross-border financing, focusing on risk management.

Walmart Files Patent Application for Blockchain-Based Drone Communications
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Walmart Files Patent Application for Blockchain-Based Drone Communications

The American commerce giant Walmart filed for a patent application for a drone communication system entitled “Cloning Drones Using Blockchain” in January 2019. The United States Patent and Trademark Office published the patent on August 1.

UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application
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UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application

Triad, a notable UK provider of IT consultancy services and technology solutions, has partnered with Stratis, a London-based enterprise blockchain technology company, for blockchain-enabled solutions to organizations including a parcel tracking application.

Huawei Secures Deal with One of China's Districts to Accelerate the Application of Blockchain Technology
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Huawei Secures Deal with One of China's Districts to Accelerate the Application of Blockchain Technology

The Nanshan government of Shenzhen, in the southern Guangdong province in China, has recently announced an agreement with electronics giant Huawei Technologies to establish an information technology center, accelerating the application of technologies including blockchain, artificial intelligence in the district.

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