Crypto News
Gaming Giant Ubisoft Brings Another Franchise to Ethereum’s ‘Sandbox’ Metaverse
Characters from Ubisoft's Champions Tactics game are joining The Sandbox alongside the existing Rabbids and Captain Laserhawk sets.Source link
Securitize Adopts Wormhole to Boost Liquidity for Institutional Tokenized Assets
Securitize, an asset tokenization platform, has launched a blockchain interoperability solution with Wormhole to enable cross-network transfers for institutional tokenized funds. Tokenization Platform Securitize Deploys Wormhole for Multichain Fund Management The integration allows funds tokenized on Securitize’s platform to move seamlessly across Arbitrum, Avalanche, Ethereum, Optimism’s OP Mainnet, and Polygon. Securitize states that Wormhole, whichSource link
Blockchain Startup BTQ Proposes More Energy Efficient Alternative to Crypto’s Proof of Work
A recently published journal article by researchers at BTQ, a startup working to build blockchain technology that can withstand attacks from quantum computers, has proposed an alternative to the Proof of Work (PoW) algorithm involving quantum technology.Proof of Work is a blockchain consensus mechanism that secures the Bitcoin network. Participants crunch through vast amounts of math problems to validate transactions. Some have criticized the process as being too energy-intensive, while others have argued the opposite.Quantum computing involves moving away from a process reliant on binary code, ones and zeros, which open and close transistor gates. Quantum bits (qubits) exist in multiple states simultaneously, vastly increasing computational power to the point where modern-day encryption built by classical computers – reliant on...
MOVE Jumps 20% on Trump-Linked World Liberty Fi Token Purchase, Musk’s DOGE Involvement
The native token of Movement, an Ethereum layer-2 network built using the Facebook-created MoveVM coding language, jumped on Tuesday after Donald Trump-backed World Liberty Financial purchased tokens. There was also a fresh report that the network is among the blockchains in discussion with the Elon Musk-led Department of Government Efficiency (DOGE).The MOVE token spiked as much as 20% to $0.89 on the news before paring some of the gains, still up 13% during the day at press time.The advance happened as World Liberty Financial, which is backed by President Donald Trump and his family, acquired a total of $2 million worth of MOVE tokens in several batches during the U.S. morning hours, with the first transaction occurring at 14:22 UTC,...
Pudgy Penguins Solana Token, Ethereum NFTs Plunge Alongside Abstract Network Launch
Igloo Inc. just launched its consumer-focused Ethereum layer-2 chain Abstract, but Pudgy Penguins assets are falling amid benefit gripes.Source link