Kalima Enters $10 Million Partnership with ABO Digital and Announces KLX Token Sale
Kalima, a delegated proof-of-stake blockchain based in France, has secured a $10m investment from ABO Digital, a private alternative funding group based in the Bahamas and Dubai. The funding will be used to further innovate and refine IoT solutions to revolutionize industries and drive digital transformation. Kalima has also announced a 24-hour private sale of its KLX token on Pinksale, with the primary objective of creating a sufficiently deep liquidity pool on Uniswap. The Uniswap listing of the KLX token is planned for July 21.
Beijing Municipal Government to Train 10,000 Engineering Talents Annually in Blockchain, AI and Big Data
The Beijing Municipal Human Resources and Social Security Bureau plans to train 10,000 engineering talents annually in emerging technologies such as blockchain, artificial intelligence, and big data. The bureau has released a document outlining its implementation plan to develop digital technology talents in Beijing. The plan includes revising the talent evaluation system to allow technical professionals to acquire qualifications in emerging areas. Beijing is increasing its efforts in Web 3.0, with the recent announcement of the construction of the Beijing Metaverse Innovation Center to support metaverse research, development, and adoption in the city.
cLabs Proposal for Celo to transition to an Ethereum L2
According to cLabs, They call to action for feedback and discussion around a proposal for Celo to return home to Ethereum by transitioning from being an independent EVM-compatible Layer 1 blockchain to an Ethereum Layer 2.
Cardano Network Hits 71 Million Transactions and 8.55 Million Native Tokens
The Cardano network has achieved a significant milestone with over 71 million transactions, as reported in the weekly update by Input Output Global. The number of native tokens has also increased to 8.55 million, minted across 77,035 token policies. The blockchain has seen 134 projects launched and 1,264 in various stages of development. The recent Hydra upgrade and increased DeFi activity have been cited as major catalysts for the network's growth. Additionally, advancements such as the release of v.1.3 by the Lace team and the submission of 1,577 proposals to Project Catalyst's Fund 10 have been reported.
AFFITRUM Combines AI and Blockchain to Combat Ad Fraud in the Digital Advertising Industry
Miami-based technology company AFFITRUM has developed an AI and blockchain solution to tackle ad fraud in the advertising industry. The system uses AI algorithms to analyse data in real-time, detecting and preventing fraudulent activities with accuracy. The integration of blockchain technology provides an immutable and transparent ledger, enabling advertisers and publishers to verify the authenticity and integrity of ad impressions, clicks and conversions. Key features of AFFITRUM's solution include advanced fraud detection, real-time monitoring and prevention, transparency and auditability, and enhanced trust and collaboration. The company is currently offering a public presale of its Affitrum Protocol, which includes four dApps.
Web3 User Experience Compared to Driving a Manual Transmission Car, Says UX Designers
Several UX designers have compared the current state of Web3 user experience to driving a manual transmission car, with more control but unnecessary clunkiness. While mainstream adoption of Web3 has focused on improving ease of use, Web3 UI/UX designer 0xDesigner argues that certain properties of blockchain make it challenging to build easy-to-use Web2-like applications.
Kaiko's Q2 Crypto Liquidity Report: XRP Sees Improvements in Rankings Amid SEC Lawsuits
Kaiko, a blockchain and crypto data insights firm, has released its Q2 crypto liquidity ranking report, which shows changes in the rankings due to the recent SEC lawsuits.
Binance's BNB Beacon Chain to Halt Block Production in Upcoming Hard Fork with New Feature for On-Chain Asset Reconciliation
The Binance-operated BNB Beacon Chain mainnet will introduce a new feature in its upcoming hard fork that allows the blockchain to halt the production of new blocks under certain conditions. The hard fork will also implement the Binance Evolution Proposal BEP-255, which aims to mitigate damage from potential cross-chain bridge exploits.
Ripple's New Report Shows Promise for Blockchain, but XRP Struggles to Overcome Short-Term Hurdles
According to Ripple's 2023 New Value Report, over 90% of finance industry leaders believe that blockchain and digital assets will have a significant impact on business, finance, and society in the next three years.
Mediobanca Tokenizes Mutual Fund Units in Italy
Italian bank Mediobanca has issued tokenized investment fund units within the Ministry for the Economy and Finance sandbox, becoming the first to propose this method of subscribing for instruments in Italy. The tokens mirror the conventional process for issuing and redeeming units in its “Mediobanca Global Multimanager 35” UCITS fund, with transactions logged using blockchain.
