Apecoin_VeChain_Elrond

2022-10-10 22:40:10 Opera browser integrates Elrond blockchain services to bolster Web3 adoption

Web3 crypto browser Opera announced plans to integrate Elrond blockchain services for over 300 million users. The integration would help Opera users directly access a host of decentralized applications (DApps) and other popular services through the integrated Opera wallet. Elrond is a scalable blockchain network that offers various infrastructure services for DApps, enterprise use cases and the new internet economy. The blockchain’s adaptive state sharding makes it one of the fastest and more efficient networks.

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2022-10-09 23:20:01 VeChain holds hundreds of millions in Bitcoin, Ethereum, VET, and stablecoins to become #1 blockchain project in the world

On Friday, Top enterprise blockchain, VeChain, released its Q2 2022 financial report as part of its dedication to transparency regarding the running of its business. One of the highlights is that VeChain owns $535 million worth of stablecoin, VET, BTC, and ETH reserves. VeChain asserted that it remains a leader in enterprise adoption in the public blockchain space despite considerable headwinds affecting the global economy this year. It further revealed that it had maintained a healthy balance sheet with sufficient crypto asset reserves, which will be enough to sustain the growth and upgrade of the VeChain Thor in the coming years.

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2022-10-08 23:20:01 VeChain will lead the blockchain market in 2022 and beyond – Proof of Authority 2.0

Blockchain technology is completely revolutionizing the way in which data transfer happens in a secure and decentralized manner. However, as more and more users onboard on the blockchain, the technology faces challenges in terms of scalability and instant settlements. One of the major trade-offs with the traditional blockchain architecture is to maintain a balance between high throughput/scalability and having instant finality. With Proof-of-Authority (PoA) 2.0, VeChain seems to solve this issue once and for all. In their latest announcement. VeChain noted that the PoA 2.0 protocol upgrade is a significant step in making “it the preeminent smart contract platform for enterprises.

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2022-10-07 22:45:00 VeChain processes 700,000 transactions in less than 3 hours for Walmart

As per recent reports, a popular blockchain-based supply chain management platform, VeChain has processed over 700, 000 transactions within 3 hours for Walmart, a multinational retail corporation. Confirming the development, VeChain’s community hub in a Tuesday Twitter post boasted that the network processed the transactions without any cases of spam or token shuffling. It added that VeChain, with this development, has availed a “real world, economically beneficial on-chain activity for Walmart, with thousands to come.”

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2022-10-06 22:30:46 Popular Smart Fingerprint Company Based In Australia Adopts VeChain Blockchain

Laava, an Australian technology company that specializes in the protection of products and luxury goods from global counterfeiters through its Smart Fingerprint technology, has aligned with VeChain, the leading enterprise-grade layer 1 smart contract-enabled blockchain, to improve and optimize its services.Per an update, Laava has scored a strategic partnership with Sunny Lu’s VeChain, which delivers sustainability and traceability solutions through its low-carbon, highly scalable smart contract blockchain known as VeChainThor.

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2022-10-05 23:50:06 VeChain scores new partnership and becomes a member of one of the most powerful global operating associations

VeChain, the blockchain network that specializes in providing decentralized supply chain solutions, has formed a new partnership with Sydney-based Laava. This Sydney-based firm has built its own Smart Fingerprint technology that seeks to provide an alternative to QR Codes. As Laava explains: “Smart Fingerprints turn products into connected products – enabling consumers to authenticate and engage with them at point of purchase and beyond”. A recent partnership has been formed between Laava and VeChain Tech, which is a global leading enterprise-friendly blockchain firm.

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2022-10-04 23:40:04 VeChain: PoA 2.0 to be released and start a new era for blockchain

VeChain’s Peter Zhou tweeted that the latest stage of PoA 2.0 (the FOB finality or the VIP-220) has been running as expected on the testnet. He added that he looks forward to the stakeholder vote enabling its mainnet deployment. According to the VeChain development team, PoA 2.0 will combine the various types of blockchain consensus to achieve the holy grail of mechanisms for the real-world environment. The block finality provides an absolute security guarantee for blocks that fulfill specific conditions. It is an essential property of any modern blockchain system, which is why the VeChain blockchain dev team has been pursuing this property to improve its consensus algorithm.

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2022-10-03 22:10:07 Bored Apes' Otherside Builder Improbable Eyes Fresh Funding at $3.6 Billion Valuation

Gaming technology startup Improbable is set to raise a new funding round of $111 million (£100 million) as it sets its sights on creating metaverse worlds for buzzy Web3 firms like Bored Ape Yacht Club-creator Yuga Labs. The hyped, Softbank-backed company is finally close to achieving “operating profitability,” its CEO Herman Narula said. The CEO said its venture with Yuga Labs, where it and Animoca Brands were tapped to create the "Otherside" metaverse, will contribute a big part of its revenue in 2022. The latest round would value the company at $3.36 billion (£3 billion), up from its last $2.8 billion (£2.5 billion) valuation in 2018. According to documents, the company recorded a $170.4 million (£152 million) loss in 2021, which left it with $ 63.9 million (£57 million) in the bank as of the end of last year. Improbable raised the then-largest funding round.

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2022-10-02 23:40:06 BendDAO Considering Expanding into ApeCoin NFT Staking Programme

Besides that, the BendDAO team also made a development plan for the implementation of the ApeCoin (APE) staking platform, estimating it would take two to three weeks to build. If the community backs the idea, then it will go for a vote to see the new platform implemented. ApeCoin (APE) Staking is a new platform scheduled to go live on October 31. In May, ApeCoin DAO — a decentralized organization that uses the cryptocurrency ApeCoin as its governance token – voted to pick Zero-knowledge and blockchain infrastructure firm Horizen Labs to build its ApeCoin staking platform, which will offer token rewards to users who stake (or hold) APE, Bored Ape, Mutant Ape, and Bored Ape Kennel Club NFTs in their four respective pools.

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2022-10-01 20:31:00 BendDAO Community Proposes to Develop Bendearn Yield for ApeCoin Staking

With the decentralized peer-to-peer NFT liquidity platform, BendDAO plans to pump up more APE stakings to maximize user revenue. Accordingly, the protocol aims to reform the Yuga-based non-fungible tokens (NFT) following the latest proposal from its community. Users on this staking plan are eligible to earn passive income from their activities. However, BendEarn aims to pair the mining of NFT and $APE with a focus on profit distribution. The scheme seeks to utilize market mechanisms to discover higher prices to maximize returns. This method has merits because it enhances users’ operation processes and ensures the token holders’ balance.

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