Results for "SOLANA"
Coinbase’s layer-2 network to face transaction monitoring
Coinbase CEO, Brian Armstrong, has revealed that the company’s new layer-2 network, Base, is likely to incorporate transaction monitoring and anti-money laundering measures.
Bitpanda teams up with researchers and universities, releases an interoperability solution
Bitpanda partnered with researchers and university to release an interoperability solution in Pantos, that’s currently in beta.
Babel proposes new stablecoin to repay $766m to creditors
After recording massive losses last year, financial service provider Babel Finance proposed developing a new stablecoin to generate revenue to repay $766 million to its creditors. The plan involves creating “Babel Recovery Coins” using the project’s earnings. Babel Finance’s proposal…
INNODEX positioned to compete with Binance and Uniswap in the era of decentralized exchanges
INNODEX, an upcoming decentralized exchange (DEX) by NvirWorld, plans to take on Binance and Uniswap.
Top crypto developments and emerging trends of the week
This week, there have been several significant updates in the world of crypto, including the launch of new crypto products, regulatory changes, and market movements.
Unity embraces web3 gaming with blockchain-based SDKs
Unity is diving into the world of web3 gaming by launching a “decentralization” category in its online store and adding support for 13 blockchain-based software developer kits (SDKs).
Top 5 cryptocurrencies that gained the most in February
The crypto market has gained momentum with the start of 2023 — with the total market capitalization surpassing the $1 trillion mark. Some assets have continued the upward trend in February as well. Here are the top five gainers in…
Crypto staking safety, what experts sayÂ
This article breaks down what crypto staking is, coins supported, and whether crypto staking is safe.
Exploring Ethereum, NvirWorld and the rise of layer-3s
NvirWorld is a layer-2 that can scale transaction processing speeds and lower transaction costs at several folds more than Ethereum and layer-2 protocols like Arbitrum.
Magic Eden’s venture arm invests in 11 web3 gaming projectsÂ
Magic Eden Ventures has invested in 11 web3 gaming startups including MatchDay, Blockstars, Epic League, and others, as part of its commitment to accelerating the growth of the blockchain gaming ecosystem. Magic Eden Ventures, the VC arm of cross-chain NFT…
Phoenix Community Capital disappears with investor funds
Phoenix Community Capital, a cryptocurrency investment firm with links to parliamentary groups, appears to have vanished from the public.
Coinbase launches Ethereum L2 network, Base
On Feb. 23, Coinbase, a popular crypto exchange, announced it has developed a base L2 network created using Optimism’s OP Stack.
Layer 2 projects experiencing a boom after The Merge
On Sep. 15, 2022, the Ethereum mainnet completed The Merge, transforming from the proof-of-work consensus (PoW) layer to proof-of-stake (PoS). The transition has led to a boom in the price of various Layer 2 projects, including Polygon, Optimism, Arbitrum, and…
Polygon lays off 20% of its workforce, plans to consolidate for “long-term growth”
In a recent statement, Polygon said they are firing 20% of its staff, citing efforts to unify all teams for better long-term growth.Â
USD Coin
USDC price About USD Coin USD Coin (USDC) is a type of digital currency known as a stablecoin that is pegged to the U.S. dollar on a 1:1 ratio to reduce volatility. It’s issued by Circle, a fintech company based…
Tether
What is Tether (USDT)? Tether (USDT) is a type of cryptocurrency called stablecoin. Stablecoins are digital currencies that aim to mirror the value of a specific fiat currency; in Tether’s case, it’s the U.S. dollar. The core concept is that…
Ethereum
About Ethereum Ethereum is a network of many communities and a collection of tools that allow people to transact and communicate without governance by a single entity. Users retain control over their data and the information that is shared. Ethereum’s…
Millions of dollars already lost to hacks in 2023
Hack’s have been a continued nuisance to the crypto space. As 2023 its still in its early days we take a look at who has been hacked so far, the effects and some advice from top players in the space.