Skip to main content

Posts

Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks

Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks. Tether Joins the Polygon Blockchain Ecosystem The largest stablecoin by market capitalization, tether (USDT), is now supported on the Polygon blockchain (formally called Matic). USDT's market valuation today is $72.6 billion and the stablecoin trade volume is $59.15 billion out of the $106.34 billion in global trade volume on Friday. Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks In addition to Polygon, USDT is supported on the Omni Layer blockchain, Ethereum, Tron, EOS, Liquid, Algorand, Solana, Bitcoin Cash (SLP), Kusama, and Avalanche. Furthermore, €195,998,829 worth of EURT, ¥20,503,468 worth of CHNT, and 226,289 XAUT (tether gold) have been issued by t...

Lisk at the Paris Blockchain Week Summit

The most accessible blockchain application platform was in France on April 12th to 14th for the Paris Blockchain Week Summit. Joining a long list of heavyweight blockchain projects, several key Lisk figures were present at the event to showcase its latest developments in Lisk's thriving ecosystem. With over 3,000 attendees and more than 250 confirmed speakers, PBWS was a resounding success, and Lisk certainly benefited from that. The project's Community Lead, Miguel, took part in a panel discussion at the Junior stage of the event, and was later interviewed by David Lin, for Kitco News. Additionally, the Marketing team at Lisk took up residence in a booth, very close to the entrance of the Palais Brongniart, making it easy to get noticed, and ultimately resulting in two days of mingling, interviews, and brand awareness. If you missed the event, here is the recap from Lisk at the Paris Blockchain Week Summit. Sponsoring PBWS: Tech Track by Lisk Lisk is honored to have taken part...

Decathlon Use Tezos To Add An NFT Experience To The Séan Garnier Street Football Boots Product

Decathlon Decathlon is a French sporting retail giant with 2080 stores in 56 countries. In 2020, they generated $11.4 billion in revenue and have close to 100,000 employees. In 1976 the first Decathlon store was opened in Lille by Michel Leclercq, France, now it is known as the largest sporting goods retailer worldwide. Séan Garnier Séan Garnier is a French freestyle footballer. He is a two-time Football Freestyle World Champion, a three-time French champion, a Red Bull athlete, Urbanball Ambassador and Founder and member of S3 crew. He a very large social following with over 3.74 million YouTube subscribers and over 5.4 million Instagram followers. Tezos Technology Used In The Decathlon X Séan Garnier Street Football Boots Now, it has been announced that Tezos technology has been used in the Decathlon X Séan Garnier Street Football Boots product line in order to provide an NFT experience. The collaboration has been done with the help and support of Nomadic Labs. The football boots com...

Tezos Upgrades A Ninth Time And Switches Consensus Algorithm As ‘Ithaca 2’ Gets Activated

Ithaca 2 Activates And The Tenderbake Consensus Algorithm Is Now Live 'Ithaca 2' – the ninth Tezos core protocol upgrade has been activated and this upgrade switches out the Tezos consensus algorithm from Emmy* to Tenderbake. This means that the consensus algorithm has changed from being a Nakamoto style algorithm (Emmy*), to a BFT-style algorithm (Tenderbake). This upgrade lowers block times, delivers faster finality, and has the potential to be optimized further down the line to deliver advanced scaling solutions. It's been a long journey towards Tenderbake activation for the Tezos community and now it has recently happened with Ithaca 2. The first research paper on Tenderbake was submitted in early 2020. This research paper included notable people and organizations such as CEA List, Université Paris-Saclay, and Nomadic Labs among others. CEA List, who are part of the CEA, otherwise known as the French Alternative Energies And Atomic Energy Commission. The French Alternat...

GrantShares DAO launching to support ecosystem growth and grassroots initiatives

The GrantShares DAO is launching on Neo N3 to distribute funding to grassroots developers and ecosystem beneficial projects. The DAO will manage an initial treasury funded by the Neo Foundation. As the first DAO to launch on Neo N3, GrantShares is designed to provide financial support to smaller initiatives that do not currently fit the scope of Neo's existing grant programs. Voting members of the organization include COZ, AxLabs, Red4Sec, NGD Enterprise, NeoResearch, NEXT, Neo SPCC, Neo Foundation, Neo Global Development, and Neo News Today. Anyone is encouraged to submit a proposal for the members of the DAO to discuss and vote. The initial funding limit for GrantShares is $50,000 per proposal, and can be used to fund local events, dApps, developer tools, education initiatives, and more. Projects seeking larger amounts should apply for grants through one of Neo's Eco Support tracks. The DAO's smart contracts are developed and maintained by AxLabs and have already been dep...

Papa John’s Use The Tezos Blockchain To Give Away Free NFT Bags

Papa John's NFT Bag Giveaway Papa John's is using the Tezos blockchain to give away free NFT bags designed by two talented NFT designers; Tom Hoff and Ash Sketch. One lucky winner given the chance to with a real-life version. The NFTs can be claimed here. There are nine NFT bags from 19,840 to choose from and claiming a bag enters the owner into a draw to win a collectible real-life Papa John's bag, with the winner being chosen on the 14th April 2022. This will be the 'Papa 1984' yellow bag, by Ash Sketch. The bag is worth £250 and users are able to mint one NFT bag per wallet in order to enter the draw. Papa John's is the fourth-largest pizza delivery restaurant chain in the United States, operating over 5000 restaurant locations worldwide. The pizza bag giveaway will represent the company's first foray into the NFT market and for this they chose to utilize the environmentally friendly Tezos blockchain in order to distribute the offering. Papa John's st...

Payvo is Coming - ARK.io

Payvo is coming, and it is going to be our best wallet yet! Read on to find out everything that has changed since our last update, including the transition from a desktop app to a fully web-based application. There is a lot to cover, so let's get straight into it! #Payvo is Now 100% Web-Based When we set out to build a next-gen wallet, we had a few key goals in mind: Payvo needs to be the best white label out-of-the-box solution possible. Payvo needs to easily integrate with any ARK-based network. Payvo needs to be user and developer friendly while featuring the intuitive interfaces we have become known for. Payvo needs to be modern and future-proof. If you have spent any time with Web3, then you are probably familiar with the major shift towards web-based interfaces for both DeFi and wallet management. The truth is, desktop applications are outdated, so we need to make sure that we keep up with industry standards and trends. There are a lot of benefits with a move towards a web-ba...

Tezos Records Highest Number Of Contract Calls In January With Several Dapps Set To Launch

A Smart Contract Call Record Contract calls are interactions with smart contracts in the form of transactions. This is an important metric to see growth in the adoption rate of mainnet smart contracts. Since July 2020, the amount of contract calls has increased to 1,209% of the July total. Every month we've seen a new record in the number of contract calls (except for November, which had a 10% drop). January saw a 22% increase compared to December. At 22% it sounds ok, but if put this growth into perspective, we see that that 22% is 2.2 times the total amount of contract calls in July last year. We're witnessing exponential growth. If we're looking at developer activity, we also continue to see growth in activity. In December, we saw an average of 700 daily new deployments on testnets. But in January, we see an average of 930 daily new deployments. February is set to bring a lot of new launches and milestones. Edo The latest protocol upgrade will go live on mainnet in the s...

Rentfuse launches on Neo N3 TestNet, Fusekind Bits NFT contest begins

Rentfuse has launched on the Neo N3 TestNet with a demo release of Fusekind Bits NFTs, and is hosting a contest to test the protocol. The contest began at 9:00 p.m. (UTC) on Sunday, Feb. 27, and the goal is for users to complete a lend and borrow cycle using the Rentfuse protocol. Rentfuse is a protocol that enables NFT owners on Neo N3 to rent out their assets while maintaining ownership control. It allows borrowers to use an NFT for a predetermined period of time in exchange for GAS, without the owner relinquishing custody of the asset. To participate in the contest, users must connect their NeoLine, O3 Wallet, OneGate, or Neon Wallet to the Neo N3 TestNet, and then obtain TestNet GAS from the Neowish N3 NEO and GAS faucet. Users can then visit www.fusekind.com to mint one of three Bits NFTs: Hopper, Dreamer, or Keeper. When a participant either rents or lends a Bits NFT, they will receive one of three Bits in return. Users can choose to rent or lend NFTs for as long as they please,...

BitConnect founder indicted over $2.4B Ponzi scheme, faces 70 years in prison

A federal grand jury in San Diego has indicted the founder of one of the largest scams in the digital currency space, charging him with wire fraud, conspiracy to commit commodity price manipulation, and international money laundering. Satish Kumbhani, the founder of digital asset mega scam BitConnect, faces up to 70 years behind bars if convicted of all the charges. The San Diego court claimed in its indictment that Kumbhani misled investors about BitConnect's Lending Program. Under this program, the 36-year-old and his cronies allegedly told investors that they could generate guaranteed returns by using their investment funds to trade on the volatility of the digital asset markets, authorities said. They touted the 'BitConnect Trading Bot' and its proprietary 'Volatility Software' as being able to generate guaranteed returns. The project collapsed in early 2018, and it was outed as a massive Ponzi scheme in which Kumbhani and his co-conspirators used later investor...

Neo project wins second place in Metaverse Alliance hackathon with 3D world platform

Neo community developer Robert Oschler has won second place in the SocialFi category of the Metaverse Alliance hackathon. Oschler's project, Neo3D Live, is a 3D metaverse world that allows users to interact with one another's avatars and participate in events like real-time auctions. Oschler developed Neo3D Live so that anyone in any part of the world can access the 3D world, regardless of their ability to purchase powerful equipment. Neo3D Live was designed for most of the world's internet users – those without VR headsets or high-end equipment. He said: Let Metaverse residents form meaningful connections in a virtual world that will run on common hardware, including the millions of smartphones that may be the only link to the Metaverse a citizen in an economically disadvantaged region has. This is a link that has the true power to uplift the millions, if not billions of hard-working, intelligent, decent human beings who have the misfortune of being born in a region that i...

India Proposes 30% Tax on Crypto Income — Finance Minister Cites 'Phenomenal Increase' in Crypto Transactions

The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India's finance minister, Nirmala Sitharaman, said: "There's been a phenomenal increase in transaction in virtual digital assets … The magnitude and frequency of these transactions have made it imperative to provide for a specific tax regime." 30% on Crypto Income Indian Finance Minister Nirmala Sitharaman proposed taxing income from cryptocurrencies and other digital assets at 30% while presenting the federal budget Tuesday. She said: I propose to provide that any income from transfer of any virtual digital asset shall be taxed at the rate of 30%. No deduction in respect of any expenditure or allowance shall be allowed while computing such income, except the cost of acquisition. "There's been a phenomenal increase in transaction in virtual digital assets," the finance minister added. "The magnitude and frequency of these transactions have made it...

Tezos Seals Partnership With Esports Giant Team Vitality

Tezos has secured a partnership with French esports giant Team Vitality. The three-year deal aims to bring Team Vitality closer to its fans than ever before by leveraging Tezos' energy-efficient blockchain. Tezos Enters Esports Space Tezos has entered into another game-changing partnership. The Layer 1 blockchain, which prides itself on energy efficiency, announced a three-year partnership with French esports organization Team Vitality Thursday. Although details about what the partnership entails are still vague, Team Vitality stated that the deal would "revolutionize" its fan experience. As part of the new deal, Team Vitality explained that the collaboration would help educate their fans on the benefits of blockchain as part of the gaming experience and showcase the advancements of these technologies. Additionally, the organization's CEO Nicolas Maurer explained what the partnership would mean for the esports team, stating: "This is truly a game-changing partner...

NULS Multi-signature launching soon

What is multi-signature? Multi-signature, also known as Multi-sig, which is a digital signature that allows multiple users to sign one transaction. To address in a simpler way, an account that is owned, managed, signed by more than one party. In most cases, there is only one private key that manages a single account, which we call it 1/1. Multi-sig is different, it goes m/n, "n" refers to the amount of private keys that are authorized to sign for the account, transactions only take effect when the number of signatures reaches to "m". In this case, "m" must be less than or equal to "n". How is Multi-sig applied in cases Multi-signature has many use cases in account authority management. Assets management Multi-sig greatly enhances security level by allowing multiple people managing one account using different private keys, which lowers the risks of assets being attacked. Redundancy By managing one account with Multi-signatures, even if one of the ...

NULS POCM Upgrade Announcement

NULS POCM (Proof of Credit Mining) platform was established in July 2019, the number of our SCO partners has increased 10 times within 2 years. Some of the SCO projects such as ALEPH, GGTK, SmaugsNFT have accomplished amazing progress with the community support provided by NULS in their early phase, our SCO investors also gained quite good profits participating in the SCO projects. We are very happy to witness this double win situation and we, the NULS team, will keep moving forward to provide more benefits for our SCO partners and NULS investors. NULS POCM is probably one of the simplest ways to invest in the initial market without any financial risks. Investors stake NULS in our POCM platform to earn tokens from our SCO projects. There are 2 ways to participate in our SCO projects now: Stake in SCO projects on web wallet( https://pocm.nuls.io ) Stake in SCO projects on Nabox mobile Wallet. Download Nabox: ( https://nabox.io ) We have been continuously receiving suggestions and feedba...

From Ethereum to Neo – Lesson four, processing payments

The fourth installment of the From Ethereum to Neo video series by community developer Robert Oschler has been released. This resource for new Neo developers was launched following a grant from Neo News Today and is intended to help onboard existing Ethereum builders. Lesson four looks at the payment processing flow on Neo N3, including a dive into the onNep17Payment functionality, context regarding how decimals are handled in tokens, and how to validate access to contract methods with CheckWitness. Developers interested in joining future interactive labs for the series can sign up for the mailing list here. The video series should be watched in order and can be easily viewed via the provided playlist.

Payvo Wallet - Overview of the Upcoming Alpha Version

What Is Payvo Wallet? Payvo Wallet is a desktop-based multi-asset cryptocurrency wallet designed for Windows, MacOS, and Linux. While many wallets already exist on the market, Payvo is unique in that it is completely open-source, runs on the open-source Payvo SDK for multi-asset integration, and features a wide range of customizations that let you truly personalize your wallet experience. #A Truly Open Wallet The Payvo Wallet is fully open-source and will be available on GitHub. The Payvo SDK which powers the multi-asset nature of Payvo is also completely open-source and available on GitHub. We believe that the best way to push the industry forward is to build fully open-source and decentralized systems with no compromises. By utilizing the Payvo SDK, we can integrate a wide range of different cryptoassets and tokens which will be seamlessly integrated with the entire Payvo suite of products. To find out how you can get your project added to the Payvo SDK, make sure to read our documen...

Unity Gaming Update – Red Runner

RedRunner is a popular open-source game developed by BayatGames and is an Infinite Running type game developed using the Unity 3D Gaming Engine. To demonstrate the utility of Stratis' Unity SDK, Stratis has taken the RedRunner game and made modifications to incorporate the below features: Non-Custodial Wallet NFT Minting Play-as-You-Earn (The further you travel, the more SRC20 you receive) A gamer is rewarded for playing the Stratis RedRunner game. The RRT (RedRunner Tokens) Tokens are awarded to users depending on how far they travel and how many coins they collect. In addition, CRS (Cirrus Tokens) can be received and transferred within the game too. The Stratis Edition of RedRunner can be downloaded from our GitHub repository via the below link. https://github.com/stratisproject/StratisRedRunner/releases Please join the Discord Server and let us know of your progress and thoughts on the game!

Interview: Erik Zhang discusses OneGate and Galaxz

As a founder and core developer of Neo, Erik Zhang is responsible for much of the project's early codebase, architecture, and strategic technical direction. With the launch of the Neo N3 MainNet in August, the blockchain-veteran is now able to allocate some time to work on other new projects within the ecosystem. NNT caught up with Zhang to gather his thoughts on the Neo N3 release, and learn a few more details about his new projects. NNT: Neo N3 is finally out the door. That has to feel really good, considering how long and how hard you've been working on it. What aspects of the release are you most proud of? Erik Zhang: Neo N3 was initially designed to serve large-scale commercial applications and the real economy. To meet the demand for large-scale commercial applications, a blockchain should by all means make three major breakthroughs: First of all, reliability, which is reflected in the irreversibility of transactions in a blockchain system. Once a transaction is committed...