x
Image Source: Pixabay
Cobo and Coincover join forces with XLink to drive Bitcoin’s evolution into DeFi
Cobo, a provider of digital asset custody solutions, has formed a strategic partnership with XLink, a pioneering intent-based omnichain Bitcoin liquidity network and a subsidiary of ALEX, the leading DeFi platform on Bitcoin.
Alongside Coincover, a UK-based digital asset protection company, this dynamic alliance is poised to transform Bitcoin’s integration into DeFi by leveraging Cobo’s cutting-edge multi-party computation (MPC) custody technology with XLink’s innovative liquidity solutions and Coincover’s robust blockchain protection solutions.
XLink enhances Bitcoin functionality across multiple blockchain networks, facilitating seamless liquidity and smart contract interactions. This significant partnership incorporates leading security technologies to safeguard digital assets against hacking, thefts, and human errors, addressing critical security challenges in the DeFi space.
Cobo’s proven MPC custody technology is designed to eliminate vulnerabilities, safeguarding digital assets from both external hackers and internal breaches. Read More
Optimism to roll out new Superchain features for layer-3 devs
The layer-2 Ethereum scaling provider wants to onboard developers to build layer-3 DApps on its Superchain.
Ethereum scaling solution provider Optimism is looking to take its blockchain throughput a step further by onboarding layer-3 applications on top of the OP Stack.
On May 8, the Optimism team said that they were welcoming layer-3s to the Superchain where they can build on the OP Stack and share revenue with the Optimism Collective.
The OP Stack is the open standard codebase that powers development on Superchain, but it “isn’t limited to L2 chain deployers and app builders,” said the team before adding “it can also be leveraged by an ecosystem of L3s.”
Optimism Superchain is a network of layer-2 chains, known as OP Chains, which share security, communication layers, and open-source technology. Read More
Various forms of Bitcoin custody, explained
Bitcoin is a decentralized cryptocurrency, the first of its kind, and is widely considered digital gold for its ability to store value. With industry expert predictions cheering Bitcoin prices to reach astronomical amounts, users and investors must prepare and execute a good custody plan.
Bitcoin (BTC) remains a hot topic of discussion with growing institutional interest and multiple spot BTC ETFs approved, allowing traditional investment firms to offer Bitcoin to their clients.
Users own Bitcoin or obtain exposure to this asset class in multiple ways, from investing in ETFs to holding them via centralized exchanges or exploring self-custody options either directly or via institutions or third parties.
Individuals need to choose the right custody solution that best suits their custodial risk appetite along with their investment and regulatory profile. Read More
How To Excel At Customer Acquisition Through Content Creation With Markethive
Acquiring customers is vital for a business's success, serving as the main driver for marketing efforts and overall business expansion. However, the process has become fiercely competitive and increasingly costly, with the customer acquisition cost (CAC) rising by over 60% in the last six years. This increase in CAC is due to various factors, such as increased competition, rising advertising costs, and changing consumer behavior, making it more critical than ever for businesses to invest in effective customer acquisition strategies like content marketing.
Navigating the crowded online landscape can be a significant hurdle as businesses flock to establish a presence through various digital platforms. However, these channels present a tremendous chance to stand out and acquire new customers through compelling content. By creating informative and engaging content, businesses can cut through the noise and take control of their customer acquisition strategies, empowering them to shape their own success.
It’s exceptional, customer-centric, search-engine-friendly content that resonates with audiences and drives conversions. Search-engine-friendly content refers to content that is optimized to rank high in search engine results pages (SERPs). This involves using relevant keywords that your target audience will likely search for, creating high-quality backlinks from reputable websites, and ensuring the content is easy to read and navigate, with clear headings, subheadings, bullet points, and short paragraphs.
By creating search-engine-friendly content, businesses can increase their visibility and attract organic traffic. While most companies acknowledge the significance of digital content, it's surprising that only a few prioritize crafting high-performing content that delivers results. Instead, they churn out subpar material that lacks impact, leaving a gap in the market for those who do prioritize it. Read More
Blockchain education initiatives take off amid crypto bull market
Despite strong demand for crypto-savvy workers, there exists a shortage of highly-experienced employees.
Amid an industry boom, crypto education initiatives are quickly gaining traction.
On May 7, organizers of the Women in Tech Global Summit 2024 announced that they would incorporate Unstoppable Domain’s technology for its own Web3 top-level domain (TLD). Dubbed “.WITG,” the digital identity domain, assignable to each participant, will allow users to network as well as access education and training at the intersection of technologies such as blockchain and artificial intelligence.
“The .WITG TLD is designed to foster a strong sense of community and identity among women in tech, facilitating networking, mentorship, and collaboration opportunities,” wrote the organizers of the Women in Tech Global Summit. By “using the tech to learn the tech,” this pioneering domain aims to provide women with the tools they need to succeed and excel in the digital space, they added.
In a recent survey by crypto exchange KuCoin, 88% of young adults in a worldwide sample of 1,900 respondents said that they are “eager” to pursue careers in the blockchain space, with 75% demonstrating a “very high” interest in the Web3 sector. Read More
Why Account Abstraction Is the Key Technology for the Future of Web 3.0 and GameFi UX
The UX problem in Web 3.0 and GameFi has no one-size-fits-all solution. It is a sophisticated and interconnected issue – otherwise, we would have seen it solved many years ago.
Indeed, Ethereum has done a great job in lowering its transaction fees and increasing throughput. Similarly, layer-two solutions introduced greater and cheaper scalability to the system.
The UX, however, is still a tough entry barrier, and several unexpectedly popular DApps (decentralized applications) can still impose a huge workload on crypto networks.
The past years brought little change – now is the right time to focus on the overall UX improvement, and new blockchain technologies like ‘account abstraction’ can help. Read More
The Crypto Comeback: How Businesses are Cashing in on the Digital Goldrush
The cryptocurrency market is experiencing a bullish trend, with Bitcoin being the most popular. Businesses profit from crypto fundraising, decentralized finance, and crypto rewards, with future trends including decentralized finance and metaverse integration.
The cryptocurrency market has enjoyed a bullish last few months.
Bitcoin, the first and most well-known cryptocurrency, has captured headlines with its sustained price rises.
But cryptocurrencies are more than just investments for businesses, they're also opening doors for innovative new revenue streams.
This article explores the various ways businesses are profiting from the crypto revolution beyond just trading, from the growing world of decentralized finance (DeFi) to crypto fundraising. Read More
The future of online communication: Secure and censorship-resistant chat on blockchain
Centralized instant messaging apps are plagued with censorship, outages and data security concerns. Here’s how decentralization can help.
Decentralized networks offer solutions to the biggest pain points of the Web2-era communication. Blockchain-based decentralization can potentially enhance privacy and security by distributing data across numerous points on the network, making it harder for unauthorized parties to access or compromise user information.
Without a centralized entity controlling the communication network, censorship and outage risks can be minimized. Thanks to the user-centric nature of Web3, it’s also easier to enable new monetization models that empower participants.
The concept of a decentralized application (DApp) for instant messaging grew quickly over the years, giving birth to several examples. However, providing on-chain communication with Web2-like features is easier said than done. Most DApps that attempt to offer Web2-like features encounter significant hurdles. Read More
A New Wave Of Customer Acquisition Coming To Markethive
Implementing a customer acquisition strategy is vital for any business looking to expand its customer base and foster long-term relationships with potential clients. This process involves attracting and nurturing leads until they are ready to purchase and ultimately converting them into loyal customers. A well-defined customer acquisition strategy helps businesses attract suitable leads and increases their chances of long-term retention.
This article delves into the significance of customer acquisition, its purpose, and practical strategies for achieving it. However, what sets it apart is the exploration of Markethive's role as a customer acquisition channel. Markethive is not just a platform; it's a specialist that helps businesses accomplish this crucial objective. Businesses can significantly enhance their customer acquisition efforts by understanding and utilizing Markethive's unique features. Read More
Bitcoin’s Ordinals, Runes key to solving the mining subsidy problem: ViaBTC
Each Bitcoin halving sees Bitcoin miners rewarded with a smaller block subsidy, but ViaBTC is optimistic that innovative Bitcoin applications will more than cover these needs, as Satoshi Nakamoto envisioned.
Bitcoin transaction fees from applications such as Ordinals, Runes and BRC-20s will be key to making sure miners stick around even as more halving events occur, according to a cryptocurrency mining pool.
“[The Bitcoin network’s] evolution has led to an expanding array of use cases and a growing user base, [which] has significantly impacted miners’ fee income from on-chain transactions,” ViaBTC told Cointelegraph in a recent interview.
Prior to the Ordinals protocol’s launch in January 2023, miners relied on peer-to-peer transaction fees to accompany the block subsidy, which halves every 210,000 blocks and thus has an “indisputable” impact on miners’ revenue over the long haul, ViaBTC said.
Mining revenue can also increase with a rise in Bitcoin’s price, but further development at the application layer will increase network activity, broaden its utility, and thereby compensate miners handsomely, ViaBTC explained. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
