Web3 social media protocol launches ‘layer 3’ to provide instant posts

    The new layer relies on Bundlr, a decentralized storage platform built on Arweave, for mass storage of social media data. The team behind Lens, a Web3 social media protocol, has announced the launch of a new “layer 3” network to scale blockchain social media apps. Called “Bonzai,” the new network processes and stores posts, comments…

    One crypto wallet launched 114 dodgy memecoins in two months

    According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone. Crypto scammers have been ramping up the launch of spurious memecoins over the past two months, according to crypto sleuths. According to research from blockchain sleuths ZachXBT, one address, in particular, has launched “114 memecoin scams” in…

    CFTC proposes reducing anonymity to manage risks

    Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero has urged crypto companies to verify the digital identity of users, saying that Congress is considering new laws addressing anonymity and digital identity. A commissioner of the United States  Commodity Futures Trading Commission (CFTC), Christy Goldsmith Romero, has proposed reducing the anonymity of cryptocurrencies as a means…

    ‘Crypto is dead in America’: Tech billionaire Chamath Palihapitiya

    Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors, which may have attracted the SEC’s attention. Regulators in the United States have choked out the cryptocurrency sector to the point of death, according to Bitcoin bull and billionaire tech investor Chamath Palihapitiya. “Crypto is dead in America,” he boldly claimed in an April…

    Unlocking agriculture’s full potential with blockchain and innovative tech

    Blockchain is reshaping the agricultural industry by increasing transparency, traceability and efficiency in supply chain management and compliance. Blockchain has been recognized for its potential to transform finance and other industries that rely on data, but what happens when innovation meets the world’s oldest industry — agriculture? It turns out that blockchain has a lot…

    Solana launches emissions dashboard to spur blockchain carbon footprint transparency

    The Solana Foundation has launched a real-time carbon emissions tracker to monitor the Solana blockchain. The Solana Foundation, in collaboration with data platform Trycarbonara, announced the launch of a real-time tracking dashboard to measure carbon emissions on the Solana blockchain. 1/ Today, the Solana Foundation is leading the charge in the climate fight by making…