Biconomy Launches AI Agents to Facilitate on-chain Transactions
Web3 infrastructure firm Biconomy integrates artificial intelligence (AI) agents to facilitate on-chain transactions on behalf of users. The Delegated Authorization Network (DAN) is a “relatively new” authorization layer that enables the delegation of trading activities to AI agents, as Biconomy co-founder Aniket Jindal explained to Cointelegraph. Agents can autonomously manage trading accounts and execute transactions […]
Indiana Promises Low-cost Energy for Crypto Miners, Data Centers
Indiana lawmakers have guaranteed mega-corporations of low-cost electricity and water to attract data centers and cryptocurrency mining operations in the region. Meta, Amazon, Google, Microsoft, and the cryptocurrency mining firm AboutBit have either invested in or intend to construct their facilities in the state. Although Indiana offers financial incentives to organizations, AboutBit, and other cryptocurrency […]
PancakeSwap Integrates Zyfi for Gas-Free DeFi Transactions
PancakeSwap recently integrated with Zyfi on zkSync Era, bringing gas-free deFitransactions and improving user experience. After integrating gas-free deFi transactions, decentralized exchange (DEX) users can access gasless transactions on specific token pairs. Transaction fees will be supported by other decentralized finance (DeFi) protocols like PancakeSwap or zkSync. Gasless transactions can increase DeFi’s acceptance by bringing […]
MultiversX Enhances Layer-2 Speed with Sovereign Chains
MultiversX’s Sovereign Chains can enhance layer-2 blockchain transaction speeds by up to 100 times. The MultiversX smart contract platform has the potential to increase the transaction throughput of extant layer-2 (L2) blockchain networks by up to 100 times. The recent introduction of Sovereign Chains by MultiversX, a blockchain-as-a-service solution, enables a substantial scalability increase. This […]
Ripple Acquires Standard Custody to Enhance Stablecoin Strategy
Ripple has officially completed its acquisition of Standard Custody & Trust Company, and this new action is expected to enhance the blockchain company’s efforts to establish a USD stablecoin. Ripple, a prominent blockchain payments company, has announced the successful completion of its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. However, […]