California cannabis producer adopts blockchain to track its weed
Clones will be certified with a smart contract on the blockchain to verify their authenticity and genetic lineage. Go to Source Powered by WPeMatico
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Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count
Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain transactions, while combined transactions on Arbitrum and Optimism reached 1.32 million for the same day. Rise of … Read more
3 blockchain use cases far beyond crypto
Blockchains are decentralized, transparent, and increase the capacity of a whole network, while giving users full control of their data. Go to Source Powered by WPeMatico
Cardano ecosystem set to expand with custom-built sidechains
The toolkit will allow for creators of sidechains to choose their own consensus mechanism and other application-specific features, whilst inheriting the security of the main chain. Go to Source Powered by WPeMatico
Crypto companies aim to build trust within future products and services
Companies are taking new approaches to building trust within Web3 and crypto products. Go to Source Powered by WPeMatico
Users need to go under the engine in Web3 — HashEx CEO
HashEx CEO Dmitry Mishunin summarizes Web3 as read, write, own — a “crazy responsibility” for the end-user. Go to Source Powered by WPeMatico
New year community advice: Check your smart contract approvals
A Reddit user has warned of the potential dangers of unchecked smart contracts, advising the community to revoke approvals on a regular basis. Go to Source Powered by WPeMatico
Coinbase CEO: Regulate centralized actors but leave DeFi alone
Armstrong said that because centralized exchanges and custodians have the most risk of causing consumer harm, regulators must focus there first and foremost. Go to Source Powered by WPeMatico
TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021
The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in value during the past 24 hours. Value Locked in Defi … Read more
Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO
The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC. Go to Source Powered by WPeMatico