Cosmos ($ATOM) is advancing blockchain tech with its Inter-Blockchain Communication protocol, enhancing performance and governance. Using Tendermint BFT, Cosmos enables scalable, secure token transfers. With staking rewards up to 16.14%, it’s gaining traction. #Update #Crypto
Colosseum raises $60M to back teams from Solana hackathons via its Accelerator. Co-founder Clay Robbins aims to support global crypto founders. First demo day for current batch set for June 27, 2024. #Solana $SOL #Update
Dogecoin ($DOGE) signals potential price surge to $0.33-$0.35, while Angry Pepe Fork ($APORK) on Solana introduces a “conquer-to-earn” system. $APORK aims for a 200% rise by presale end, challenging $DOGE dominance. #Update #CryptoNews
Account abstraction simplifies blockchain UX, boosting adoption by allowing recovery via email or biometrics. Gaining traction in $ETH, $SOL, and $ATOM, it enables single-asset fee payments and bundles transactions for ease. #Blockchain #Update
Solana ($SOL) unveils “Blinks” and “Solana Actions,” enabling blockchain transactions via links, QR codes, and app buttons. Collaborating with @Phantom, users can now swap tokens directly in social media feeds. #Update #Blockchain #CryptoNews
Infrared Protocol secures funding from @BinanceLabs to expand its team and conduct audits, preparing for the Berachain V2 testnet. With plans to hire three more, Infrared aims to launch its IRED token, enhancing flexibility and efficiency in #DeFi. #Update
Cardano founder @IOHK_Charles announces the “Age of Voltaire” with the upcoming Chang fork in June. This upgrade will enable community governance and a treasury system for self-sustainability, marking a pivotal moment for $ADA. #Blockchain #Update
Lido DAO ($LDO) surged 11.6% in 14 days, outperforming Bitcoin & Ethereum amidst bear pressure. With a market cap of $1.9B, $LDO’s technicals indicate volatility. Integration of Kusama liquid staking & record $16.08B TVL fueled its rise. #Update
The Vatican Library and @NTTDATAServices use blockchain to preserve 180,000 manuscripts. Italian residents can receive NFTs for supporting the project online. This initiative showcases blockchain’s role in cultural heritage preservation. #Update #Blockchain #CulturalHeritage
The Blockchain Association criticized the IRS’s proposed broker rule, claiming it violates the Paperwork Reduction Act by imposing 8 billion forms, 4 billion burden hours, and $254 billion in costs, far exceeding the potential $10 billion tax revenue. #Update
Teleport, a new rideshare service on Solana blockchain, launches with 857 drivers. Developed by Decentralized Engineering Corp., it charges only 15% of fares vs. Uber’s 44%. Co-founder Raj Gokal believes this onchain model “could actually work.” #Blockchain
Alessio Vinassa, CEO of BlockTechGroup, uses AI to back over 35 blockchain, DeFi, and fintech startups. His focus on ethical practices and community impact sets new standards in fintech. #Blockchain #Update
Blockchain can enhance online privacy by decentralizing services, as noted by @KeeJefferys of Session. Highlighted by Snowden’s 2013 revelations, blockchain helps avoid mass surveillance and data breaches, like 2022’s affecting 350M users. #PrivacyMatters
Patrick Bet-David, CEO of Valuetainment, endorses blockchain voting for election transparency. West Virginia led U.S. pilot tests, followed by Utah, Colorado, and Oregon. This tech ensures secure, immutable votes, potentially rebuilding trust in elections. #BlockchainVoting #Update
