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New Developments Happening in the Blockchain Space: 29-03-2024

Posted by Simon Keighley on March 29, 2024 - 8:17am

New Developments Happening in the Blockchain Space: 29-03-2024

New Developments Happening in the Blockchain Space 29-03-2024

Image Source: Pixabay


How to migrate crypto from an exchange to a Ledger device

Discover how to enhance cryptocurrency security by migrating digital assets from an exchange like Coinbase to a Ledger Nano X hardware wallet.

In the world of cryptocurrencies, digital asset protection is critical. By transferring one’s cryptocurrency holdings from an exchange to a hardware wallet like the Ledger wallet, one may take ownership of their private keys and improve security. This article explains how to safely move one’s Bitcoin holdings from Coinbase to a Ledger Nano X device. 

Transferring digital assets from an exchange-controlled environment to a personal storage device (self-custodial) where users can maintain control over their private keys is the process of migrating Bitcoin from an exchange to a Ledger hardware wallet.

Despite their ease of use, cryptocurrency exchanges fall short of the security and control offered by hardware wallets such as the Ledger Nano X. Exchanges are prone to hacking, putting assets at risk. In contrast, the Ledger Nano X protects cryptocurrencies offline from internet threats and gives users complete control over their private keys, which improves financial independence. Read More


 

Omnichain simplified: How to connect data and assets on blockchain

DApp developers need an omnichain approach to offer their products and services to all corners of the Web3 space.

Entangle omnichain infrastructure introduces a versatile messaging infrastructure, bringing new standards in blockchain interoperability, seamless data access and liquidity enhancement for Web3.

As the blockchain landscape evolves into an increasingly complex ecosystem of interconnected networks, seamless communication and integration between networks becomes essential to decentralized applications (DApps) and services that seek to operate across multiple blockchains.

Developers who want to globalize Web3 are searching for a way to access authenticated, adaptable and interoperable data on blockchain.

After raising $4 million from prominent crypto venture capital funds, Entangle — an omnichain infrastructure focusing on blockchain scalability — aims to address the industry’s interoperability issues by offering a versatile messaging infrastructure that enables seamless integration across multiple blockchains. The platform allows for the secure and effortless exchange of data and assets across diverse networks. Read More


 

How to get all ERC-20 tokens owned by an address

Wallet APIs enable users to quickly locate ERC-20 tokens by wallet address. Chainbase, Alchemy and Moralis provide APIs to get token-related information.

Finding ERC-20 token balances in any given wallet is simple; when users open their wallets, they automatically display the balances of all the imported tokens. However, when an individual or an entity, such as law enforcement or a business, needs to ascertain the ERC-20 token balances of another address, direct access to the wallet is not possible.

In such cases, an application programming interface (API) can be used to check the balances in a wallet. An API would return all ERC-20 token balances owned by an address and could automate the process of checking token balances.

This article discusses how one can use the APIs of Chainbase, Alchemy and Moralis to get information about ERC-20 tokens owned by an address. Read More


 

Telegram Game 'Notcoin' Giving Out $400K in TON, Plus Millions of In-Game Coins

Viral clicker game Notcoin just launched a new promo ahead of the airdrop, offering up 100,000 Toncoin and heaps of in-game coins.

Ahead of its impending token airdrop on The Open Network, viral Telegram clicker game Notcoin just revealed that it’s giving away a total of 100,000 Toncoin (TON) to players via a new quest—and millions of in-game coins for certain “O.G.” users.

It all stems from a new in-game quest called “TON for Fun.” Players who complete all the tasks in the quest will get a 3 million Notcoin bonus and 1 TON. A total of 100,000 TON are being given out to players who participate in the quest, collectively worth just over $400,000 as of this writing, and the quest will only be available until 100,000 people have completed it. 

To earn rewards, you’ll need to reach Diamond League in the coin-tapping game, invite at least five friends to the game, and connect a TON wallet. This will earn you 1 TON and conclude the first half of the quest. Read More


 

What’s Wrong With News And Social Media Today? 

A democratic society values a free-flowing media ecosystem. A healthy media ecosystem is one of the characteristics of a democratic society. Mass media outlets such as newspapers and cable TV networks were prominent in the past. Today, the internet and social media platforms allow for greater communication across society. 

Journalism, investigative correspondents, and even freelance writers are essential to that ecosystem. High-quality reporting revealing brutal truths and users' scope and exposure on social media to either create or access information are forces that can drive genuine societal change. And even keep the power structures in check. 

Despite the positive aspects mentioned above, harmful practices and negative external forces related to the media ecosystem often eclipse them. These issues are usually easy to recognize once they’re identified. Therefore, it is important to acknowledge them and spread awareness about their potential risks. 

Doing so will help you make informed decisions about how you use media and how it can impact your life and the lives of others. The following are a few issues pervasive in many digital news sites, forums, and social media platforms. Read More

Markethive Media has embraced blockchain technology and cryptocurrency, building an ecosystem that belongs to “we the people,” eliminating many of the issues plagued by media outlets today. With its meritocratic culture, dynamic social media interface, and growing community, Markethive is enhancing and bringing the platform into the future internet with new technology and interfaces, but still in keeping with the human touch.


 

A full-stack solution for the Web3 and DeFi revolution

Blockchain technology and DeFi promise a new era of digital finance but are hindered by complex user interfaces and inefficient development practices, impacting security and adoption.

Radix, the full-stack layer-1 smart contract platform, tightly integrates wallet, programming language, execution environment and consensus algorithm to provide a radically better Web3 and DeFi experience.

The world of Web3 has been buzzing over the last few months as Bitcoin has successfully reclaimed its all-time highs (ATHs), with altcoins following not far behind. Many are reporting that this could be the beginning of the 2024 crypto bull market, something completely unfamiliar to speculators as Bitcoin has never reclaimed an ATH prior to its upcoming halving.

But, while this market cycle has been different, one thing has remained the same — navigating the Web3 and DeFi ecosystem is still too complex, plagued by hacks and exploits, resulting in a user and developer experience that has left many scarred. Whether their alienation came from blind-signing their assets away to a scammer or a developer's project being exploited due to the complexity of developing in Solidity — a smart contract language — there is a solution, and it's called the Radix Tech Stack. Read More


 

DePINs to decentralize internet access and connectivity in India

Wifi Dabba, an Indian internet service provider, is launching a second round of its DePIN-powered devices on the Solana network to bridge the digital divide and connect millions to the internet.

Internet connectivity in the world’s most populous country is about to become more decentralized thanks to a new decentralized physical infrastructure network (DePIN) innovation. 

On March 15, internet service provider Wifi Dabba said it would deploy more than 100,000 of its devices — all housed on its DePIN on Solana — to users across India by the end of the year to “connect the unconnected.”

According to Wifi Dabba, despite India’s massive population of 1.43 billion people, the penetration of broadband connectivity is low. It reports only 30 million citizens have regular access to WiFi, with just under 50% having no access of any kind.

This upcoming deployment will be the second time the company issues its DePIN-connected devices, already reporting a steady monthly consumption of 90–100 terabytes of paid data across the already sold devices. Read More


 

Blockchain in trademark and brand protection, explained

Trademarks and brand protection refer to legal measures taken to safeguard a company’s distinctive symbols, logos and brand identity from unauthorized use by others.

Trademarks are unique names, symbols or emblems used to identify a firm or brand and set it apart from competitors’ offerings. They are essential to consumer trust and brand awareness. The legal and tactical steps taken to defend these trademarks and the reputation they represent are referred to as brand protection. It includes actions taken to stop illegal usage, forging and infringement to preserve the uniqueness and integrity of the brand.

There are many different obstacles to overcome when it comes to protecting brands, and infringement and counterfeiting are two major ones. In addition to eroding brand value, counterfeit goods compromise customer confidence and safety. Online infringement makes things even more difficult because counterfeiters can operate anonymously and globally on digital platforms. Furthermore, managing global legal frameworks becomes more difficult and calls for thorough plans to stop cross-border violations.

Today’s trademark and brand-protection strategies include technology, proactive enforcement and legal action. Read More


 

Bitcoin Runes Launch at the Halving: Here's Everything You Need to Know

The creator of Bitcoin’s Ordinals protocol is debuting a new fungible token standard to rival BRC-20. Here’s everything we know about Runes.

Bitcoin is front and center again, and orange coin lovers everywhere have plenty to be excited about: new all-time high prices, the upcoming halving, rising demand for Ordinals—and soon, something totally new called Runes.

And while Runes won’t hit Bitcoin until the halving, when the supply of newly minted BTC is once again cut in half by slashing miner rewards, the project is already getting a lot of hype and attention. Here’s what you need to know. 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.

 

 

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