Blockchain News
Blockchain News

Solana integrates AI into blockchain, raises grants fund to $10M

The ChatGPT plugin integrated into Solana is open source and can be downloaded from GitHub. NEWS On May 23, the Solana Foundation, a nonprofit dedicated to maintaining and developing the layer-1 Solana blockchain, announced that it has integrated artificial intelligence (AI) using a ChatGPT plugin developed by Solana Labs.  As told by developers, the ChatGPT plugin is […]

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Blockchain News

How does blockchain solve the Byzantine generals problem?

Byzantine generals problem explained A reliable computer system must be able to function even if one or more of its components fails. A failing component may display a frequently overlooked behavior: delivering contradicting data to different sections of the system. So, what is the Byzantine generals problem? The Byzantine generals problem is an abstract expression […]

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Blockchain News

SEC warns that Filecoin ‘meets definition of a security’ — Grayscale

The United States Securities and Exchange Commission (SEC) has asked Grayscale Investments to pull its application for a Filecoin Trust, warning that its underlying asset, Filecoin FIL $4.52 , can be seen as a security. According to a May 17 announcement from Grayscale, the firm initially lodged a Form 10 application with the regulator to launch an updated […]

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Blockchain News

Blockchain for a better society: How to reach beyond financial inclusivity

The COVID-19 pandemic has erased more than four years of progress in the United Nation’s Sustainable Development Goals (SDGs). While philanthropy is seen as a key contributor to getting the international development agenda back on track, it is plagued by a lack of transparency — a drawback that can be solved by technology. Introduced in […]

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Blockchain News

Dash Price Rise, Explained

What happened with Dash? Over the past two weeks, the price of Dash has skyrocketed, its value has gone up by more than 100 percent. The rise has started at around the $20 to $22 mark and reached as high as $57.89 on March 2. As of the time of writing, the value has retraced […]

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Blockchain News

How Blockchain Improves Daily Health Care Routine, Explained

There’s been a lot of hype over using blockchain in health care. Why is that? The data stored on a blockchain is transparent and immutable, which is extremely important for the health industry. Some insiders even call it the “ultimate use case” for the technology.  In fact, there are several reasons behind this hype. As […]

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Blockchain News Wallets

AI and Crypto in 2024

The use of artificial intelligence (AI) in the cryptocurrency industry is rapidly increasing, and by 2024 we can expect to see a significant impact on the way the industry operates. With the growth of AI technology and the increasing adoption of cryptocurrencies, the intersection of these two fields is likely to produce some exciting innovations […]

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Altcoin News Blockchain News

Citi Says Mass Adoption of Crypto Will Be Driven by CBDCs, Tokenization

Crypto is approaching a “point of inflection,” say analysts at Citi, pointing to the rise of tokenization and CBDCs around the world. Citi says the industry is finally “approaching an inflection point” and that blockchain technology will soon see “billions of users and trillions of dollars in value.” In its latest report “Money, Tokens, and […]

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Blockchain News Technology News

What are decentralized social networks?

What is a social network? A social network is a platform or service that enables users to set up either fully or partially public profiles, share content and connect with other users based on common interests, life experiences, or personal connections. Since its emergence in the mid-1990s, social media has become an important and undoubtedly […]

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Blockchain News Cryptonews Deals

Inflationary vs. deflationary cryptocurrencies, Explained

What is an inflationary cryptocurrency? Some cryptocurrencies are inflationary because the supply of coins increases over time. Inflationary cryptocurrencies use a combination of predetermined inflation rates, supply constraints, and mechanisms for distributing tokens to maintain the supply and incentivize participation in the network. Looking at their monetary systems, cryptocurrencies have various coin-creation and supply mechanisms. […]

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