Sales of nonfungible tokens, or NFTs, reached $25 billion in 2021, demonstrating that the sector is one of the most sought-after markets in crypto. Art NFTs, in particular, made a big impact last year with Christie’s reporting over $93 million in nonfungible token sales during its fourth annual Art+Tech Summit that took place this past August. While notable, much of the crypto art scene appears to be dominated by cartoons and memes, as projects like CryptoPunks and Bored Ape Yacht Club have taken center stage. Although these projects are some of the most successful to date, a new subset of …

The Graph Foundation has announced a $60 million eight-year funding grant to Semiotic AI in a bid to expand the start-up software firm's research and development capacity in sectors of cryptography and artificial intelligence. Specifically, the partnership will focus on building the architecture required for automated and verifiable indexing and querying on the Graph, in addition to developing micropayments functionalities utilizing zero-knowledge proofs such as ZK-SNARKs. Over the course of 2021, Semiotic AI have worked alongside the Graph to contribute to the growth of the ecosystem with a litany of initiatives, such as the construction of a beta query prediction …

Enterprise blockchain started to take shape in 2016, a time when companies like IBM began to leverage private networks for supply chain management. It was also during 2016 that author Don Tapscott wrote and published Blockchain Revolution, a book that examines the way that blockchain will transform a number of industries. Following the release of Blockchain Revolution, Tapscott — who is also co-founder of the Blockchain Research Institute — published Supply Chain Revolution in August 2020. Given the timing of the book’s publication, Supply Chain Revolution detailed the way the COVID-19 pandemic exposed glitches throughout supply chains across the world, …

“I’m in it for the tech,” is a phrase commonly used in the cryptocurrency ecosystem by many who want to express a deeper motivation for being involved with blockchain technology beyond the significant gains that are known to happen in the volatile asset class. One project that has quietly climbed the charts without the need to jump on the decentralized finance (DeFi) or nonfungible token (NFT) trend is Vectorspace AI (VXV), a protocol building correlation matrix datasets capable of detecting hidden relationships in data and training artificial intelligence (AI) systems. Data from Cointelegraph Markets Pro and TradingView shows that since …

Success stories of investors becoming millionaires overnight continue to circulate the internet, forcing those who haven’t thrown a few dollars into the cryptocurrency pot into deep feelings of regret. However, before any investor gets too down on themselves, consider this, selecting the right digital currency - the one that will make you rich - is a lot harder than it appears. First, there are thousands of cryptocurrencies around, and secondly, to get rich quickly, traders need to time the market just right. Rather than leave it up to chance, smart investors will create a diversified portfolio to increase their chances …

Coinbase, the largest cryptocurrency exchange in the United States, is working to improve its customer support while expanding in India by acquiring a new startup. Coinbase officially announced Tuesday the acquisition of Agara, an artificial intelligence-enabled support platform with operations in India and the United States. The acquisition aims to expand and automate Coinbase’s customer service capabilities by providing new machine learning and natural language processing tools to Coinbase’s engineering team. The deal also reconfirms the company’s strategy to expand its tech hub in India. The acquisition of Agara will cost Coinbase between $40 million and $50 million, technology-focused publication …

Artificial Intelligence (AI) is quickly proving how it can change the landscape of society today. With more data comes greater opportunity to turn data analysis into a method for strategic decision-making and unlock new user experiences. Although the applications of AI are many from knowledge reasoning to game playing and even extending as far as machine learning, new vulnerabilities are becoming apparent with private and sensitive information. Many of the world's technology giants in the United States and China have accumulated massive amounts of data through existing internet services in AI development. However, the more "intelligent" AI is, the more …

Scientists are continuously pursuing ways to lengthen the human lifespan, and blockchain might have been a missing part of the puzzle. The Longevity Science Foundation, a Swiss entity launched by a consortium of biotech founders, clinicians and leading longevity research institutions, aims to spend more than $1 billion over the next 10 years to find tech-based means to achieve a 120-year human lifespan. The foundation seeks to fund research, institutions and projects that use blockchain and other next-gen technologies to find new horizons in four critical areas of the field; namely, therapeutics, personalized medicine, artificial intelligence (AI) and predictive diagnostics. …

The inaugural summer of decentralized finance (DeFi) in 2020 — when millions of dollars in the form of crypto were invested into DeFi platforms — caught the attention of people around the world. And as summer 2021 proved to be another major success for DeFi, more and more people are considering taking the leap and seeing how they can get involved in the booming sector. The sums involved are not insignificant. Starting at $1 billion in February 2020, over $40 billion flowed into DeFi platforms in just one year. For those intimidated by crypto, it hasn’t helped that many DeFi …

In the past 60 years, the life expectancy of the average newborn has increased by nearly 20 years — from 52.5 to 72, as of 2018. We’ve seen an incredible wave of technological innovation in this time: The introduction of the internet, medical breakthroughs and an enhanced understanding of public health initiatives have transformed the course of human life. And with new technologies like blockchain and artificial intelligence now taking the stage, we know that even more radical transformation is coming. These disruptive technologies are paving the way for both longer and healthier lifespans. To show you just how much …

PlatON Network is an internet infrastructure protocol focused on preserving privacy. The network uses cryptographic algorithms, which include Secure Multi-Party Computation (MPC), Zero-Knowledge Proof (ZKP), Verifiable Computation (VC), Secret Sharing (SS) and homomorphic Encryption (HE). The decentralized platform uses the technology to ensure the free circulation of data assets around the world. James QU, chief technology officer at PlatON Network, talks about the issues the platform is tackling, its current focus and future plans, and the company’s vision in a conversation with Cointelegraph. 1. The PlatON Network is largely focused on the concept of trustless computing. Can you explain what …

The real-world adoption of blockchain technology is a slowly developing process. It requires the proper use cases and a willing public open to new experiences when venturing outside of their comfort zone. An increasing number of real-world applications appear to be the motivating factor behind the recent gains seen in Fetch.ai (FET), a protocol focused on building an open access, token-based decentralized machine learning network to support the smart infrastructure being built around the digital economy. Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $0.658 on Sept. 6, the price of FET spiked 70% …