AI & Blockchain

Recent Developments in Blockchain Technology: Dec 7-13, 2023

Author : Renuka K

The week of December 7-13, 2023, has seen several notable developments in the blockchain and crypto sectors:

  1. Universal Privacy Alliance Formed: Nym, Protocol Labs, Oasis, and Aztec have collaborated to create the Universal Privacy Alliance, focusing on enhancing digital privacy in the blockchain realm​​.

  2. Uzbekistan's Web3 Focus with Verida and inDAO: Verida and inDAO are collaborating on initiatives focusing on Web3 developments in Uzbekistan, emphasizing blockchain and Web3 wallet integration​​.

  3. Bitget's Investment in Morph: The crypto derivatives exchange Bitget has invested in Morph, a Layer 2 consumer-centric blockchain, signifying an essential step in blockchain technology advancement​​.

  4. Seamless Protocol's SEAM Token on Coinbase: The Seamless Protocol has issued its SEAM token, marking the first Base-blockchain token listing on Coinbase. This represents a significant milestone in blockchain tokenization and exchange listing

Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.