According to CoinDesk, venture capital firm a16z Crypto led a $7 million seed round of funding for blockchain ticketing platform KYD Labs. KYD is built on Solana and aims to empower artists and venues to control ticket sales, fan data and revenue, and solve the problem of revenue loss caused by secondary market circulation. It is said that after using the KYD system, the ticketing revenue of LPR, a well-known venue in New York, increased by 30%. KYD plans to expand to more than 100 US venues by ...
Commenting on the sudden political events in South Korea, Gareth Leather, strategist at Capital Economics, said: "This is really unexpected, it's not clear what the purpose of martial law is. It's a reminder that the political system in South Korea is not as stable as many people think." While the domestic market has yet to react, the country's biggest stocks, such as Samsung Electronics, SK Hynix, LG Energy Solutions and Hyundai Motor and Kia, are sure to be watched in the coming days. Potentia...
CKB has released the next generation of public lightning network Fiber Network, a next-generation public lightning network based on Nervos CKB and off-chain channels, which can provide fast, low-cost and decentralized multi-currency support and peer-to-peer transactions for RGB ++ assets. Similar to the Bitocin Lightning Network, Fiber Network acts as a two-layer payment channel extension to conduct transactions off-chain to increase transaction speed and reduce fees, while maintaining the secur...