Linux Foundation Decentralized Trust aims for web3 innovation

Chain of blocks to illustrate the launch of the Linux Foundation Decentralized Trust to advance open source web3 technologies.

The Linux Foundation Decentralized Trust aims to foster collaboration and innovation across the web3 ecosystem of blockchain, ledger, identity, interoperability, and cryptographic technologies.

With over 100 founding members, LF Decentralized Trust claims to be a neutral platform for the collaborative development of technologies powering the transition to a digital-first economy. The organisation builds upon more than eight years of work from across the Linux Foundation,...

16 September 2024 | Blockchain

Sony bets on Web3 with Soneium blockchain and incubation programme

Sony Block Solutions Labs has announced the launch of Soneium Minato, a new Ethereum layer-2 testnet, alongside an incubation programme called Soneium Spark. Aimed at establishing Soneium as a key Web3 infrastructure, the initiatives leverage Sony Group's reach to drive mainstream adoption across a range of applications. 

Driven by the vision to "Realise the Open Internet that Transcends Boundaries," Sony Block Solutions Labs seeks to demystify and promote Web3 to a wider...

28 August 2024 | Blockchain

Bitwise will donate 10% of Ethereum ETF profits to developers

Bitwise Asset Management has announced the launch of its Bitwise Ethereum ETF (ticker: ETHW) on the New York Stock Exchange, marking a milestone in the US Web3 market. The spot Ethereum fund aims to provide investors with direct exposure to the second-largest Web3 ecosystem by market capitalisation.

To support the Ethereum ecosystem, Bitwise has pledged to donate 10% of all ETHW profits to two key organisations: Protocol Guild and PBS Foundation. These entities play crucial roles...

23 July 2024 | Blockchain

Sam Altman’s blockchain project ‘World Chain’ opens to developers

OpenAI CEO Sam Altman's Worldcoin project has launched a developer preview of World Chain, a new blockchain that claims to prioritise humans and scale with the growth of the Worldcoin ecosystem. 

World Chain – built on the OP Stack and integrated with the Worldcoin protocol – aims to provide developers with access to over 10 million users across 160 countries who are using compatible wallets, starting with the World App.

With the developer preview, the Worldcoin...

9 July 2024 | Blockchain

Dapp industry reached new heights in Q2 2024

The Web3 ecosystem has witnessed a resurgence in Q2 2024, with the NFT sector in particular experiencing its strongest performance since Q1 2023.

According to a DappRadar report, the dapp industry has seen a 40% increase in usage compared to the previous quarter, reaching an impressive 10 million daily Unique Active Wallets (UAW).

For software developers working in the blockchain space, this growth presents both opportunities and challenges. The social sector emerged as...

5 July 2024 | Blockchain

Linux Foundation forms trust for advancing decentralisation

The Linux Foundation has announced plans to establish the Linux Foundation Decentralized Trust (LF Decentralized Trust), a new umbrella organisation aimed at supporting the advancement of decentralised technologies.

Building on the foundation's existing blockchain and digital identity projects, LF Decentralized Trust will encompass the Hyperledger project portfolio and host new open source software, communities, standards, and specifications critical to the shift towards...

26 June 2024 | Blockchain

PARSIQ’s Unicornization Campaign open for entries with 30 April deadline for submissions

PARSIQ, a full suite data network for building Web3 dApps and protocols, has recently launched its Unicornization Campaign. Designed to propel innovation and further bolster the global blockchain ecosystem, the  campaign’s main focus is to invest in promising Web3 projects on the recently released Reactive Network, a parallelised interoperability execution layer for Ethereum Virtual Machine (EVM) ecosystems. The program is now open for enrollment and will accept applications until 30...

10 April 2024 | Blockchain

Google Play now supports Web3 experiences

Google Play is updating its policies to support “blockchain-based experiences” in recognition of Web3’s potential.

“As a platform, we always want to help developers bring innovative ideas to life. Google Play hosts a variety of blockchain-related apps, and we know that our partners are excited to expand on these offerings to create more engaging and immersive digital experiences with tokenised digital assets such as NFTs,” wrote Joseph Mills, Group Product Manager for...

13 July 2023 | Android

Crypto developers plummet 22% despite increasing prices

Despite the positive price movement in recent weeks, the software development aspect of the crypto industry is trending in the opposite direction.

According to a report by venture firm Electric Capital, the number of active developers working on open-source crypto projects has declined by 22 percent over the past year.

In June, there were 21,300 active developers, compared to 27,200 the previous year. This decline may be attributed to developers finding more enticing...

10 July 2023 | Blockchain

Venom’s virtual hackathon kicks off in collaboration with DoraHacks, Developer DAO, and Hacken

The Venom Foundation has joined forces with DoraHacks, Developer DAO, and Hacken to initiate its premier virtual hackathon.

This groundbreaking event is designed to provide developers with the essential tools and resources to build on the cutting-edge Venom blockchain.

With registrations commencing on April 27th, 2023, the hackathon is scheduled to launch on May 8th, 2023.

Venom's Testnet Launch: A Catalyst for Innovation and Community...

27 April 2023 | Blockchain