blockchain | ForkLog

ForkLog 7 14.05.2024

Analyst Predicts L1 Networks to Surge to $25 Trillion with AI Boost

By 2030, the total market capitalization of first-level smart contract platforms is projected to reach $15-25 trillion, driven by the “expanded use of AI agents,” according to Jamie Coutts, chief crypto analyst at Real Vision. By 2030, the combined market value of smart contract platforms, driven by the expanding use by #AI agents could reach […]

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ForkLog 44 14.05.2024

Atleta Network Team Announces Testnet Launch

The developers of the sports industry-focused blockchain platform Atleta Network have announced the launch of a test network. Representatives of the Web3 company Blockchain Sports informed ForkLog of this development.

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ForkLog 23 06.05.2024

Vodafone to Integrate Cryptocurrency Wallets with SIM Cards

British telecommunications giant Vodafone plans to merge SIM cards with cryptocurrency wallets. This was revealed by the head of the company’s blockchain division, David Palmer, in an interview with Yahoo Finance. According to his estimates, by 2030, there will be approximately 20 billion mobile devices in use. By the same time, the number of cryptocurrency […]

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ForkLog 14 23.04.2024

US Presidential Candidate Proposes Moving Federal Budget to Blockchain

US presidential candidate Robert F. Kennedy Jr. has proposed transferring the federal budget to blockchain to enhance transparency. NEW: RFK Jr. says “I’m gonna put the entire US budget on blockchain” “Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day.” “We’re gonna have 300 million […]

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ForkLog 43 09.04.2024

Monad Labs Secures $225 Million to Challenge Solana and Ethereum

Monad Labs has successfully closed a $225 million funding round to develop a competitor to Solana and Ethereum, as reported by Fortune. Paradigm led the investment, with participation from Electric Capital and Greenoaks. In February, the project attracted $19 million from Dragonfly Capital, Placeholder Capital, Lemniscap, Shima Capital, and several angel investors. Monad’s founder, Keone […]

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ForkLog 20 01.04.2024

Forbes Labels XRPL and 19 Other Blockchains as ‘Zombie Networks’

Forbes magazine has published an article criticizing 20 different blockchains for their perceived uselessness, including Ripple’s XRPL. The Unnecessary XRPL The article’s authors described Ripple’s network as inefficient and the XRP token as “purely speculative,” questioning its market capitalization. “To fund their ambitious project, Ripple’s executives created 100 billion XRP and sold them for $1.4 […]

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ForkLog 8 01.03.2024

Binance Explores Modular Blockchains as a Solution to Scaling Challenges

The Binance Research team has released a report addressing scaling issues in L1/L2 networks and explaining how modular blockchains aim to resolve these challenges. The modular ecosystem is fast growing and set to push the frontier of blockchain scaling this year. Our new #Binance report explores these developments among the wider scaling landscape, featuring Celestia, […]

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ForkLog 32 28.02.2024

Vitalik Buterin: Blockchain Upholds Democratic Values

Blockchain technology offers a unique perspective for re-evaluating the philosophy of democracy and freedom, particularly concerning the relationship between private and public ownership. This was stated by Ethereum co-founder Vitalik Buterin. In a podcast in Taiwan, the programmer noted that following the emergence of Bitcoin as a decentralized payment system, people began exploring the technology’s […]

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ForkLog 18 26.02.2024

Venture Capital Investment in Crypto Startups Surpasses $90 Billion

The cumulative amount raised by crypto and blockchain firms from venture investors since 2017 has exceeded $90 billion, according to data from The Block. In February, analysts counted over 50 deals, with a total of 9500 transactions recorded since the inception of such statistics. Data: The Block. Since the beginning of the year, experts have […]

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ForkLog 22 12.02.2024

Torrevieja to Embrace Bitcoin Payments

The administration of Torrevieja, a city in Spain’s Alicante province, announced a digital transformation project allowing local shops to accept cryptocurrency payments. The initiative is being conducted in collaboration with the city’s Ministry of Commerce and the Association of Small and Medium Traders. The authorities aim to transform Torrevieja, home to 82,000 residents, into Europe’s […]

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ForkLog 32 07.02.2024

Hedera and Saudi Arabia to Support Tech Startups with $250 Million

The Hashgraph Association, affiliated with Hedera, and the Saudi Arabian Ministry of Investment have signed a memorandum worth $250 million. Under this agreement, a DeepTech venture studio will be established to support local and international startups interested in operating in the Kingdom. The initiative will focus on developing innovative solutions in AI, blockchain, robotics, the […]

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ForkLog 13 02.02.2024

Web3 for Ukraine’s property market: will smart contracts replace notaries?

Ukraine has unveiled a prototype blockchain property registry (Blockchain Estate Registry) built on Web3 technologies. The authors aim to streamline real-estate transactions through smart contracts. In time they propose extending automation to wills and mortgage agreements. To assess whether the new system might sideline notaries and estate agents, ForkLog spoke with the concept’s authors and […]

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