In light of the recent Bybit hack, Dfinity founder highlighted the critical role of secure on-chain user interfaces in preventing such breaches. He argues that robust security measures are essential for safeguarding digital assets and ensuring user trust in cryptocurrency platforms.
Chainlink leverages AI and oracles to seamlessly integrate market-shifting corporate data onto the blockchain, revolutionizing data accessibility and transparency.
Blockchain-based companies Chiliz and Azuro are teaming up to bolster the acceptance of on-chain sports prediction marketplaces. In order to improve the user experience for sports fans and prediction market participants, the two businesses will integrate their technologies and resources.
By merging Chiliz’s experience in blockchain technology and fan engagement with Azuro’s know-how in prediction markets, this collaboration aims to draw in a wider audience. Users of the joint platform will be able to easily make predictions, manage their portfolios, and make educated decisions thanks to the combination of sports knowledge and AI-driven analytics.
Through this partnership, Azuro and Chiliz aim to accelerate the adoption of on-chain sports prediction markets by providing a seamless, engaging, and financially rewarding experience for users.
**Improbable Chief Product Officer: Web3 Games Need to Put Experience, Game Logic Onchain**
Improbable’s Chief Product Officer, Jonathan Blow, argues that Web3 games must prioritize putting the player experience and game logic onchain for true decentralization and player ownership. He believes that by doing so, games can unlock the full potential of blockchain technology and create more engaging and immersive experiences for players.
An on-chain analytics platform, Nansen, has issued a warning regarding a security compromise, with 7% of its users affected. They have urged all users to take immediate steps to secure their accounts and to carefully monitor their activity.
Pirate Chain, a blockchain studio focused on gaming, has closed a Series A round of $33 million to develop blockchain-based games. Backers include Renaissance Technologies, Coinbase Ventures, and Tiger Global.
August saw Base’s “Onchain Summer” skyrocket, with 268,000 users minting over 700,000 NFTs. This major uptick demonstrates the continuing popularity of the crypto-collectibles market, and demonstrates the potential for this exciting new technology.
The US Treasury announced last week that it had sold over 400 million dollars worth of Bitcoin According to on-chain data 8200 BTC has been transferred to an undisclosed wallet address This is the third time in 2021 that the US government has auctioned BTC from its reserves