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NYU to launch Web3 learning workshop in partnership with Near Protocol
The course exposes students to the technology underlying the industry, with hands-on experience working with Web3 tools.
Education is a well-known barrier to entry for many when it comes to crypto and Web3 space. This is particularly true when understanding the underlying technology that powers these innovations.
Joining in on the effort to spread crypto awareness, on Feb. 8, the New York University School of Professional Studies (NYU SPS) — one of the schools that compose New York University — announced a partnership with the Near Foundation to introduce a new “Web3 Learning Workshop” for students and faculty, along with partners in the industry.
The course comes out of NYU SPS Preston Robert Tisch Institute for Global Sport. The workshop will have a specific angle looking at the intersection between Web3 and blockchain technologies and the sports industry.
Angie Kamath, the dean of NYU SPS, said that universities have a responsibility to prepare their communities for “success in every industry.”
“Web3 and blockchain technologies will have a large role to play, not just in the sports industry but in every industry that touches our lives.”
The course touches on the basics of blockchain and digital assets and their utility in the sports world. Those involved in the course will be exposed to hands-on experience taught by a co-founder of the Near ecosystem, Michael Kelly. Read More
Alameda wallets resurrect to transfer FTT in the millions
Alameda linked wallet bought 1 million FTT, worth $2.3 million, before opening a loan position on the decentralized crypto lending platform Abracadabra.
Wallets linked to the bankrupt Alameda Research became active again on Feb. 7, transferring millions worth of FTX Tokens. The Alameda wallet activity post-FTX bankruptcy filing has been a big concern for the crypto community, with many questioning the merits of the law enforcement agencies and how these wallets are being accessed.
The Alameda wallet address, ‘brokenfish.eth’, transferred nearly $2 million worth of FTT tokens from the BentoBox smart contract on SushiSwap. The smart contract in question serves as the central vault for the entire Sushi ecosystem. Former FTX CEO Sam Bankman-Fried has a history with SushiSwap that dates back to 2020 when he took over the protocol from former top developer Chef Nomi.
The “Alameda Research 4” wallet bought more than 1 million FTT (roughly $2.3 million) in the $1.86–$1.87 range. The wallet also opened a loan position on Abracadabra, currently mortgaging 73,000 FTT and $31,000. Read More
Ethereum Staking Platform Lido Finance Rolls Out Details of Next Upgrade
Lido Finance released fresh details about the project’s incoming upgrade focused on withdrawing Ethereum and decentralizing its validators.
Lido Finance, the market’s largest liquid staking protocol, is rolling out several key new upgrades in its latest update.
The incoming upgrade, which must still be approved by its decentralized autonomous organization (DAO), will introduce two key features.
The most notable for various stakers on the platform is the unlocking of Ethereum withdrawals.
Users turn to Lido Finance to reap the benefits of Ethereum’s shift to a proof-of-stake (PoS) consensus algorithm. Instead of needing a whopping 32 Ethereum to become a staking validator on the network, Lido lets users earn yield by depositing any amount of Ethereum. In exchange for their deposits, users receive a staked Ethereum token called “stETH.”
Currently, though, withdrawing Ethereum after it's been deposited isn’t possible—not until the incoming Shanghai fork slated for next month. Read More
Binance's New Blockchain Platform Aims to Build Web3 Infrastructure
In its recently published BNB Greenfield white paper, the cryptocurrency exchange Binance stated that it is interested in constructing a blockchain-based Web3 infrastructure. BNB Chain is a blockchain platform that was established by Binance.
According to the white paper, it is a decentralised storage infrastructure that is integrated into BNB Chain. This infrastructure grants users and decentralised applications (DApps) complete control of the data stored inside it. Hosting websites, maintaining personal clouds and data archives, publishing, and other applications are all examples of possible use cases.
The core team at BNB Chain is responsible for building the testnet for the planned Web3 infrastructure. This testnet is backed by community developer teams from Amazon Web Services, NodeReal, and Blockdaemon. BNB Greenfield is a distributed storage system that is currently in development. It will integrate smart contract functionality for Web3 apps and is powered by the BNB (BNB) token (previously known as Binance Coin).
Victor Genin, senior solution architect at BNB Chain, revealed the intention to create a new theme for the ownership and utility of data while discussing the motivation behind the upcoming initiative. Read More
We have a lot to be grateful for within Markethive. It’s like stepping out of the rat race into an oasis of humanity at its best. As an inbound marketing, business-based blockchain platform with an inherent entrepreneurial spirit, we have all the tools to get our message out to the whole world. We have a social media interface with a collaborative ethos rarely experienced on legacy social media.
We are starting to see new integrations in the blogging section in preparation for the customized, more intuitive interface and dashboard of Markethive and, of course, the Markethive Wallet that will facilitate the Merchant accounts for members as well as personal transactions, the Vault, etc.
The new-look Blogcasting Hub is located at the top of all blogs in the system. Blogcasting is a term introduced by Markethive and is an enhanced broadcasting system. In the traditional broadcasting sense, only the people who physically subscribe to your blog or newsletter are usually notified of your updates via email.
With this blogcasting system, your social networks are informed of your blog as and when you publish them. What this means is the potential reach is into the millions. Read More
The war among blockchains should stop to speed up adoption
Sometimes we are so engrossed in internecine warfare among the chains and tokens that we fail to realize the regular folks who have no idea what we are talking about.
We all remember what the 2008 subprime mortgage debacle was like. The situation was so destructive and almost brought down the global banking system that words like subprime mortgages, credit default swaps and collateralized debt obligations — which are normally part of investment banker’s jargon — became part of the general vocabulary.
Because of this in 2009, Satoshi Nakamoto released the very first Bitcoin genesis block, or block zero. Embedded in it was a quote, “The Times 03/Jan/2009 Chancellor on brink of the second bailout for banks.” This was roughly at the same time protests to “Occupy Wall Street” displayed the public’s anger against the excesses of traditional finance.
If you think about it, with all the problems of the banking industry, the crypto industry could have taken advantage of the animosity against traditional finance to increase public adoption. Unfortunately, crypto is a tribal world. Often we are treated to the spectacle of competing chains badmouthing each other, of well-publicized blockchain projects like Terra Luna, Celsius and FTX/Alameda blowing up spectacularly with many investors wounded.
Yet with all the mudslinging going around the various crypto tribes, try asking people on the street what a blockchain or crypto is. Admittedly, there are already many who are trading it, but even those who buy it on a regular basis might not really conceptually grasp what a blockchain is, which is a replicated data structure that keeps a history of all transaction records. Read More
Algorand to drive Web3 adoption in India through key partnerships
Algorand has partnered with several educational institutions and schools to create programs for faculty members, students and businesses looking to jump into Web3.
Algorand Foundation announced several partnerships in India, including collaborations with schools to develop educational programs to help grow Web3 in the country.
In an announcement sent to Cointelegraph, the Algorand team said it partnered with Jawaharlal Nehru Technological University Hyderabad and the Indian School of Business to launch educational programs. This includes programs for faculty development and student developer training. Additionally, the firm will host a master class for businesses looking to dive into the Web3 space.
Anil Kakani, Algorand’s recently-appointed country head for India, said that the partnerships aim to build sustainable impact. He explained:
“We are ready to take center stage in India and across the globe to fuel world-changing solutions to improve access to financial services, healthcare, education and so many other critical applications.” Read More
What is decentralized storage, and how does it work?
Explore the concept of decentralized storage in this informative guide. Learn about the functioning and advantages of a decentralized storage network.
Decentralized storage is a type of storage solution that is based on a blockchain-based decentralized network, rather than relying on a single centralized entity. Data is saved on various nodes in a decentralized network rather than on a single server under the control of a single authority. This increases security and reliability by ensuring that the data is disseminated and safeguarded against errors and other potential risks.
Decentralized storage options also give consumers complete ownership and control over their data, rather than having to rely on a third party to manage and keep it. InterPlanetary File System (IPFS) and StorX are a couple of instances of decentralized storage systems.
IPFS is a decentralized, peer-to-peer file storage network that allows users to store, access and share files in a distributed manner, providing increased security, privacy and scalability. StorX enables anyone to securely encrypt, fragment and distribute critical data across multiple hosting nodes globally. Every file stored on StorX is split into multiple components before encryption and stored within independent storage nodes run by different operators located across the world.
Structured as a group of autonomous storage networks, StorX has no single operator holding complete access to the data belonging to a single user. As different operators hold fragments of data, there is no single holder wielding disproportionate influence, boosting data security. The network has built-in privacy protection for personal data belonging to specific users. Read More
Cardano Launches EVM-Compatible Sidechain Public Testnet
Input Output Global (IOG), the entity behind the Cardano blockchain, has announced the launch of a new sidechain proof of concept compatible with the Ethereum Virtual Machine (EVM).
The launch enables users to run token transfers between test environments, connect their wallets, and also deploy decentralized applications (dApps) and smart contracts.
Smart contract platform Cardano has announced that it is launching a new sidechain proof of concept, which will also be compatible with the Ethereum Virtual Machine (EVM). The launch follows on the heels of an announcement made just last month announcing the release of a new toolkit for developers, allowing them to deploy custom sidechains on the Cardano network. Input Output Global (IOG), the entity behind Cardano, announced the launch of the testnet, stating that it would be available for a short duration during its pilot phase.
IOHK developer relations manager, Stevan Lohja, explained that the project was started to expand the utility of the Cardano blockchain.
“The EVM sidechain testnet is a proof of concept Cardano sidechain which uses the components of the sidechain toolkit. We created this sidechain to prove Cardano could be extended with new features, such as different smart contract languages or consensus protocols, and the sidechain toolkit serves as an example [of] how to build a Cardano sidechain.” 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.
