Author: Crypto News Live
Ethereum developers discussed future updates on a recent call. While ETH stabilized after a brief bout of depreciation, volume of ETH trades declined Ethereum [ETH] recorded a massive surge in interest over the last few days owing to the news around its spot ETF approval. Unaffected by the hype around the ETF approval, however, it was business as usual for Ethereum’s developers. At the most recent ACDC (All Core Developers Execution Call), multiple development updates were discussed pertaining to the future of the Ethereum network. What’s new? A proposal to enhance the Execution API by incorporating “returndata” within transaction receipts…
Casper Labs introduces Prove AI to enhance transparency and auditability for artificial intelligence training data using blockchain technology. According to a press release shared with Cryptonews.com, Casper Labs announced the launch of Prove AI, an AI governance solution designed to improve transparency and auditability of AI training data. Casper Labs Introduces AI Management Blockchain Solution The release stated that this new solution leverages blockchain technology and integrates seamlessly with IBM’s watsonx.governance platform. Prove AI aims to provide a secure and reliable method for maintaining and sharing audit logs of AI data. It includes AI version control, multi-party access controls, and…
Solana’s NFT buyers and sellers remained higher than those of Ethereum SOL’s price gained bullish momentum, but the trend might change Solana [SOL] has once again dominated its competitors like Ethereum [ETH] in the NFT space over the past month. Now, while this seems optimistic at first glance, there might just be more to the story. Let’s have a look at how both of these NFT giants fared against each other. Solana beats Ethereum Coin98 recently shared a tweet underlining the latest datasets from the NFT ecosystem. According to the same, Solana is now ranked #1 on the list of…
Analog, a pioneering Layer-0 cross-chain communication protocol and Web3 data provider, has officially launched its highly anticipated incentivized testnet. This development marks a significant milestone in Analog’s mission to enable true interoperability across various blockchain networks, empowering developers to build decentralized applications (dApps) with a diverse range of tools. Analog’s suite of products includes Analog Watch, a comprehensive indexing and query protocol that simplifies Web3 data access via a GraphQL endpoint. Developers can utilize the open-source Watch SDK or the hosted Watch Portal to streamline their workflow. Analog GMP (General Message Passing) is a permissionless communication layer that enables dApps…
Over some days, the price of Ethereum has been in a consolidation zone, moving between $3,949 and $3,627. This is a result of the rally that happened a few days ago which led to the crypto asset’s price making over 10% movement on the upside. When prices are consolidating, it can only be considered that it is building momentum to either break above the consolidation zone or below it. At this point, we cannot tell the next action the price will take. In this article, we will see the possible outcome if there is a break out from the consolidation.…
New York — WalletConnect, the premier Web3 UX platform, has announced a significant upgrade to its product suite, coupled with ambitious plans to fully decentralize the protocol. This strategic initiative underscores WalletConnect’s commitment to fostering community participation and user sovereignty within the blockchain ecosystem, with further revelations slated for September in Singapore.—”At WalletConnect, we are dedicated to delivering seamless and secure interactions that empower developers to craft innovative, user-centric applications, ultimately driving engaging experiences in the Web3 realm,” affirmed Jess Houlgrave, recently appointed CEO of WalletConnect. “To achieve this vision, WalletConnect is poised to fill a crucial gap by providing…
Over the past week, non-fungible token (NFT) sales declined by 8.99%, amounting to approximately $137 million. Ethereum topped the charts with $43 million in sales, marking a 20.26% increase from the previous week. NFT Market Shrinks by 8.99%, Ethereum and Bitcoin Lead in Sales NFT sales experienced a decline this week, falling by 8.99% compared to the previous week. Across all 21 blockchains, total sales reached $137.44 million, with Ethereum leading the way with $43 million. Bitcoin followed with $34.79 million in NFT sales, a decrease of 26.67% from the prior week. Other notable blockchains included Solana, Polygon, and Immutable…
SEC approved spot Ethereum ETFs – A sign of increasing crypto acceptance However, differences in BTC and ETH spot ETF approvals have raised a few questions Crypto-adoption seems to be on the rise after the United States’ Securities and Exchange Commission (SEC) gave the green light to Ethereum [ETH] spot exchange-traded funds (ETFs). This approval finally came through on 23 May, approximately five months after the SEC approved Bitcoin [BTC] spot ETFs on 11 January. However, a closer look at the approval processes of these two cryptocurrencies reveals clear distinctions between them. Contrary to the spot Bitcoin ETFs, which were…
Web3 has fallen short. The sites and apps we’ve built lack the personalization and richness that Web3 is uniquely positioned to deliver. While Web3 has achieved fundamental innovations like decentralization, sovereignty, and enhanced privacy, navigating this decentralized ecosystem still feels almost identical to Web2. This op-ed is part of CoinDesk’s Web3 Marketing Week. Wallet awareness is key to creating a digital adventure that is not only enhanced but also distinct from Web2. It’s about leveraging the rich pseudonymous information in our wallets to craft unique interactions. Unfortunately, wallet awareness is still conspicuously absent from Web3, leaving a gap in the…
A crypto analyst has made a rather cryptic prediction, suggesting that the approval of Ethereum Spot ETFs by the United States Securities and Exchange Commission (SEC) could unleash a new wave of “animal spirits.” This term in crypto is often used to describe an irrational exuberance and optimism that fuels financial markets. Ethereum Spot ETF To Reignite Animal Spirits In an X (formerly Twitter) post on May 22, a crypto analyst identified as “the DeFi Villain,” made a bold forecast, anticipating the resurgence of the bull run altcoin season following the SEC’s approval of Ethereum Spot ETF. The analyst revealed…
