The conversation explored a variety of topics, including the challenges of scalability and speed in blockchain technology and Diamante’s approach to creating a sustainable and efficient ecosystem. Jetani highlighted how Diamante Net, described as a “layer-1, state-of-the-art hybrid blockchain platform,” is aiming to redefine financial transactions with seamless interoperability. The …
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Polkadot appears to be bustling with activity, which is evident from the record-breaking number of active addresses on the blockchain and other metrics that depicted a bullish case. According to the latest stats by ‘Parity Data,’ Polkadot accumulated over 605,200 active addresses. Nearly half of them, around 248,000 out of …
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Bitcoin-focused blockchain Elastos is partnering with the decentralized physical infrastructure networks (DePIN) network IoTeX on digital identity validation. However, the collaboration also aims to bring Bitcoin’s robustness and trust to the forefront of DePIN, marking a significant leap toward integrating digital and physical assets using Bitcoin. The partnership represents an …
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The decentralized Physical Infrastructure Network (DePIN) platform IoTeX, has secured a $50 million investment from a consortium of venture capital firms to accelerate the growth and adoption of its ecosystem. According to information shared with CryptoSlate, the investment round was led by SNZ Capital, Foresight Ventures, FutureMoneyGroup, Borderless Capital, and …
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Leonard Dorlochter, the co-founder of peaq, revealed that the layer-1 blockchain focused on decentralized physical infrastructure networks (DePINs) and Machine RWAs is gearing up for its mainnet launch and token offering in an exclusive statement to CryptoSlate. “The mainnet launch will be a historic milestone for the project, the culmination …
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Tokens tied to artificial intelligence (AI) and internet of things (IoT) projects Fetch.ai and Internet Computer have posted outsized gains as the broader cryptocurrency market mounts a significant recovery. The market’s upward trend has pushed Bitcoin’s price above the psychological resistance level of $70,000, reaching a high of $71,500 before …
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Fantom’s FTM token has rallied over 190% in four weeks. The network’s upcoming Sonic upgrade may have catalyzed the bull run. The upgrade’s testnet has demonstrated faster transaction processing speeds and finality times. Layer 1 blockchain Fantom’s native token FTM has gained over 190% in four weeks, becoming the best-performing …
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Feeling bullish? Crypto traders today woke up and chose to hit the “buy” button, with 90% of the top 100 coins by market capitalization jumping in price in the last 24 hours. Bitcoin and Ethereum are up today by around 5% and 7%, respectively, and many other top altcoins are …
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Decentralized Physical Infrastructure Network (DePIN) Projects to Watch in 2024
by Bary Rahmaby Bary RahmaThe growing interest in DePIN reflects the potential to revolutionize traditional systems by democratizing access to essential services and fostering community-driven solutions. The Promise of DePIN to Disrupt Monopolies DePIN stands at the forefront of marrying cryptocurrency’s decentralized ethos with the physical world’s infrastructural needs. From Wi-Fi and transportation to …
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Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. Streamr is among such decentralized projects that provide a real-time data …