Tag: Blockchain

DoubleZero Launches Mainnet Alternative to Public Internet for Blockchain

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The DoubleZero protocol, a high-speed network of fiber-optic connections dedicated to serving high-throughput blockchain traffic, launched its mainnet-beta on Thursday, along with the public debut of the utility token that powers the network. DoubleZero’s decentralized physical infrastructure network (DePIN) now hosts over 70 direct high-speed links between 25 geographic locations to route blockchain traffic directly between source and destination, reducing communication latency and maximizing speed. Direct routing with DoubleZero compared to indirect routing through the public internet. Source: DoubleZero The public internet is a bottleneck for crypto, DoubleZero founder Austin…

Circle plans on-chain refund protocol for Arc blockchain

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Key Takeaways Circle plans to launch an on-chain refund protocol for its Arc blockchain to address fraud and compliance issues in stablecoin transactions. The Refund Protocol will use escrow and arbiter-resolved refunds to let treasury teams and banks manage disputes fully on-chain. Share this article Circle plans to introduce an on-chain refund protocol for its Arc blockchain to address fraud and compliance issues in stablecoin transactions. The Refund Protocol will hold disputed payments in escrow and enable arbiter-resolved refunds, providing a mechanism for treasury teams and banks to manage transaction…

Theta Capital Management targets $200 million for blockchain fund

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Key Takeaways Theta Capital Management launches its fifth blockchain-focused fund, Theta Blockchain Ventures V, aiming to raise $200 million. The fund plans to invest in 10-15 digital asset venture funds, targeting a 25% net IRR. Share this article Theta Capital Management, an Amsterdam-based investment firm, today launched Theta Blockchain Ventures V, targeting $200 million to invest in 10-15 digital asset venture funds with a 25% target net IRR. The fund represents the firm’s fifth blockchain-focused venture, reflecting continued institutional interest in digital assets within Amsterdam’s expanding VC ecosystem. Share this…

Blockchain Analytics Neets AI: Making Crypto Data Accessible

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The blockchain industry has always prided itself on transparency. Every transaction on a public blockchain is permanently recorded, visible to anyone with an internet connection.  Still, with billions of transactions and hundreds of millions of wallet addresses, the sheer scale of that transparency can be paralyzing. Without the right tools, it’s less a crystal-clear ledger and more a haystack hiding countless needles. That is where blockchain analytics comes in.  The latest episode of The Clear Crypto Podcast discusses how blockchain’s radical openness has created both opportunities and challenges, and now,…

Flora Growth Launches $401M Treasury to Back 0G AI Blockchain

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Nasdaq-listed cannabis firm Flora Growth has launched a $401 million treasury initiative to back Zero Gravity (0G), a blockchain project focused on powering decentralized AI infrastructure. The move comes through a private placement deal combining $35 million in cash with $366 million in in-kind digital assets, primarily denominated in 0G tokens. As part of the transaction, Flora will rebrand as ZeroStack while retaining its Nasdaq ticker, FLGC, according to a Friday announcement. Solana (SOL) treasury company DeFi Development Corp. (DFDV) led the deal, alongside Hexstone Capital and Carlsberg SE Asia…

Blockchain Will Transform Football’s Broken Transfer System

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Opinion by: Przemysław Kral, CEO of zondacrypto The football transfer market has long been seen as a world of discrete backroom deals and negotiations. The transfer window brings immense excitement to supporters wanting to see how clubs prepare for the season ahead.  It’s not always smooth sailing, given the huge capital requirements and tight deadlines the clubs face to complete the deals. There is an option that could overcome these issues.The answer has come to the fore in recent years, and the football industry is beginning to embrace it. Football…

Kinto Tanks 81% After Announcing Its Blockchain Will Shut Down

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The Kinto token, the governance token of the Kinto Network, has plummeted over 80% after its team announced that its Ethereum layer-2 blockchain is shutting down at the end of September, following months of setbacks. Kinto raised $1 million in debt to restore trading on its “modular exchange” after an industry-wide hack in July drained about 577 Ether (ETH) worth around $1.6 million from the protocol.  However, worsening market conditions “killed further fundraising,” forcing the crypto project to shut down, Kinto posted to Medium on Sunday.  “Every day that we…

Why Blockchain Cities Fail: Regulations, Unrealistic Expectations

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The blockchain industry has long strived to build its “city on a hill” — idealistic communities where blockchain provides a foundation and code is law. But they’ve not always panned out, as regulations, unrealistic expectations and other factors often make them dead on arrival. For several years, idealistic, would-be founders have strived to build communities on blockchain. Some of these projects have been more grounded, using blockchain as a means of land registry, while others sought to build entire cities that would run solely on blockchain and crypto. One of…

Blockchain is hard for developers and everyday users. Is it getting any easier?

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For several years, one of the biggest hurdles to blockchain adoption has concerned the fact that it’s a rather technical space. Experienced developers find it daunting to build decentralized apps using this technology. Meanwhile, consumers unaccustomed to tokens and crypto wallets often struggle with user interfaces that are far clunkier than what mainstream platforms provide. With cryptocurrencies punching into the mainstream consciousness like never before, it has never been more important for blockchain platforms to seize the moment and offer the streamlined, easy-to-understand products and services that the masses can…

Coinbase adds hidden message with political undertones to BTC blockchain on day of IPO

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The crypto exchange, whose CEO has previously dissuaded employees from expressing political views, started its initial public offering off with a message referencing U.S. President Joe Biden’s stimulus package.  According to Coinbase, the crypto exchange had mining pool F2Pool embed the title of a New York Times article in the Bitcoin (BTC) blockchain at 2:05 PM UTC today. The message in block 679,187 refers to the U.S. Congress passing the American Rescue Plan Act of 2021 on March 10 — a bill which set aside $1.9 trillion for measures aimed…