#web3

Google Cloud Steps in as a Validator for Polygon Amidst Its Validium Transition

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Polygon, the multifaceted scaling solution for Ethereum, recently confirmed Google Cloud as an official validator for its proof-of-stake sidechain, illustrating a consistent pattern of tech behemoths’ inclination towards Polygon, as evidenced by Deutsche Telekom’s earlier association. The news emerged on Polygon’s network, highlighting that Google Cloud’s robust infrastructure, which fortifies platforms like YouTube and Gmail, […]

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Accelerated Funding in Crypto Sphere: A $72M Week Focusing on Cross-chain Oracles and NFT Apparel

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Eight pioneering crypto startups have garnered an impressive $72.2 million this week, with the lion’s share attributed to a firm perfecting a cross-chain oracle solution. Supra, innovating in the cross-chain domain, secured $24 million in preliminary private investing rounds with participation from prominent investors like Animoca, Coinbase Ventures, HashKey, and numerous others. Accessible on over

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Redefining Artistic Value: NFTs vs Traditional Art

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The conventional art realm operates within a sphere where value is imperative, especially as every interaction—be it appraisals, legal evaluations, or freeport placements—invokes significant transaction fees and costs. High transaction costs dictate that traditional art must possess substantial value to act as a viable asset. Consider Masterworks, a shared ownership platform, which securitizes the works

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EarnTV: A Vanguard in the Streaming Landscape

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Within the developing landscape of technology, EarnTV emerges, blending advanced blockchain technologies, transformative tokenomics, and supreme security measures. Aiming to reshape the streaming and film industry, posing a formidable challenge to outdated broadcasters, encompassing conventional TV channels and established Web2 streaming platforms. The Limitations of Web2 Streaming Web2 streaming, characterized by platforms like Spotify, Netflix,

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Bitwise Asset Management Gain Fast Track SEC Approval for ETH ETF Starting 2nd October

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Bitwise Asset Management has amended its spot Bitcoin exchange-traded fund (ETF) application, with trading for two Ether futures ETFs slated to begin on October 2nd. This endeavor will kickstart the trading for the Bitwise Ethereum Strategy ETF and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF. According to Bitwise, the introduction of these ETFs

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Arbitrum Foundation & Fracton Ventures Speed Ethereum Layer 2 adoption in Japan

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In a major move to expand Ethereum’s Layer 2 ecosystem, the Arbitrum Foundation today announced its strategic tie-up with Fracton Ventures, a renowned protocol studio. This alliance aims to anchor Arbitrum’s presence firmly in Japan by introducing “Arbitrum Japan”, a platform specifically curated for ecosystem growth and promoting community learning and involvement. Paving the Way

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UK Politicians Embrace Metaverse to Unveil Web3 Vision

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  In a groundbreaking move, a cohort of UK politicians, including eight British Lords, embraced the metaverse to share the United Kingdom’s roadmap for blockchain and Web3 industries with global leaders from 51 nations on September 20. The metaverse assembly highlighted the transformative potential of Web3 technology and the challenges it brings. A Paradigm Shift

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Binance Parts Ways with Polygon-Based NFTs

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  Binance, the world’s largest cryptocurrency exchange by trading volume, announced last Friday that it’s discontinuing support for Non-Fungible Tokens (NFTs) native to the Polygon network. The move signals a reevaluation of its digital collectibles strategy and raises questions about the future offerings of its NFT platform, Binance NFT. In an official statement, the exchange

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