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Frax Finance Unveils Roadmap to Reach $100 Billion in Locked Assets on L2 Network by 2026
22.3.2024
DeFi protocol Frax Finance has revealed an ambitious roadmap aimed at increasing the total dollar value of crypto assets locked in its layer 2 blockchain to $100 billion by the end of 2026.
The post Frax Finance Unveils Roadmap to Reach $100 Billion in Locked Assets on L2 Network by 2026 appeared...
Yield Guild Games Launches Token on Ronin Network Reaching More Gamers
22.3.2024
Decentralized gaming startup Yield Guild Games (YGG) has announced it has launched the YGG token on the Ronin network, expanding to the Web3 gaming community.
The post Yield Guild Games Launches Token on Ronin Network Reaching More Gamers appeared first on Cryptonews
Vitalik Buterin Unveils New “Rainbow Staking” Framework For Ethereum – Here’s How It Works
21.3.2024
Ethereum's Vitalik Buterin has a bold plan to address the centralization of staking power with 'Rainbow Staking.' This new model could break the dominance of major exchanges and empower solo stakers. Learn how Rainbow Staking looks to decentralize Ethereum, the risks it targets, and its potential...
Polygon PoS Sidechain Implements Napoli Hard Fork, Adding Support for Upgrades Included in Dencun
21.3.2024
The Polygon Proof-of-Stake (PoS) sidechain has successfully executed the Napoli hard fork, making it the first network to support RIP-7212.
The post Polygon PoS Sidechain Implements Napoli Hard Fork, Adding Support for Upgrades Included in Dencun appeared first on Cryptonews
Entangle mainnet launch to propel MultiversX as a leading Blockchain network
21.3.2024
Entangle is all prepared to unleash its mainnet, with MultiversX becoming the most sought-after blockchain network gaining international attention. Being a universal communication layer, Entangle is seriously involved in furthering liquidity throughout multiple chains, restructuring the Web3. Where...
BlackRock Enters Asset Tokenization Race with New Fund on the Ethereum Network
21.3.2024
"This is the latest progression of our digital assets strategy," said Robert Mitchnick, BlackRock’s Head of Digital Assets
Soroban is positioned live on Stellar network’s mainnet
20.3.2024
Soroban, a smart contracts platform on Stellar, has been positioned live on the Stellar network’s mainnet, making it possible to build, position, and interact with Stellar-oriented decentralized applications. This was divulged by the Stellar Development Foundation (SDF), a non-profit organization...
Particle Network Releases Modular Layer 1 for Chain Abstraction and Universal Accounts
20.3.2024
Particle Network has introduced its modular Layer 1 solution for chain abstraction and universal accounts, aimed at simplifying user interactions across multiple blockchains. The design of this modular Layer 1 makes it an ideal tool for both new and existing ecosystems to leverage. Particle Network...
Solana Announces Recommendations and Measures to Deal With Network Congestion
19.3.2024
The Solana Foundation has announced several recommendations that developers should follow to cope with the high usage that the network is currently experiencing. The foundation recommended implementing priority fees, and a series of optimizations to avoid dropping transactions. Also, an improved...
Velar Launches Dharma AMM to Propel Bitcoin Into the Decentralized Finance Spotlight
19.3.2024
On Tuesday, the bitcoin liquidity protocol Velar unveiled Dharma, an automated market maker (AMM) designed to enhance decentralized finance liquidity within the Bitcoin realm. The inaugural version of Velar’s Dharma is set to function on the Bitcoin layer two (L2) Stacks, featuring an initial...
Polyhedra Network announces a partnership with Trusta Labs
19.3.2024
Polyhedra Network has announced that it will join hands with Trusta Labs, calling it a strategic partnership to boost a seamless and trustless Web3 experience for users. Polyhedra Network selected Trusta Labs due to the company’s market leadership in Web3 identity and AI-driven reputation...
Bitcoin Virtual Machine Will Soon Let Users Create AI Models on Bitcoin Network
19.3.2024
“We've figured out a way to put AI on-chain,” lead developer punk3700 told CoinDesk in an X message
SOL Crosses $200 as Meme Coin Frenzy Bumps Demand for Solana Network
18.3.2024
Scores of newly issued tokens boast trading volumes of tens of millions, showcasing network usage and demand for blockspace
Halo 2 Multiplayer Is So Back
15.3.2024
In 2010, Microsoft shut down Xbox Live servers for the original Xbox. That meant the online components of titles like Phantasy Star Online, Star Wars: Battlefront II, and Halo 2 were completely unavailable to play. While not everybody in 2024 still has access to an original Xbox and is mourning...
Space and Time to introduce its network on zkSync hyperchain
15.3.2024
Space and Time (SxT), a decentralized data warehouse utilizing AI to instruct its data models, will introduce its network on a zkSync hyperchain. Blockchain networks are known to function in warehouses and have restricted interoperability with other chains. zkSync hyperchains address the issue...
The Graph Network announces multichain expansion
15.3.2024
The Graph Network gathers more than 40 widely used blockchains and layer-2s under one roof with the inherent upgrade of Indexer. Scroll, Base, Near, and zkSync are the popular blockchains and layer-2s that are contributing to the developers by making their usable approach much easier for upgrading...
Hadron Club boosts Web3 startups amid Ethereum fork
15.3.2024
The Hadron Founders Club (Hadron FC), the first to take their central position in the heart of the Ethereum ecosystem, had just formally launched today, hence a new chapter for early-stage Web3 startups. Based in San Francisco, this program intends to operate as the cornerstone of founders...
Transition from BRC-20 to BRC-420 Tokens Signifies ‘Maturation Within Bitcoin-Based Defi,’ Says Mithil Thakore
15.3.2024
While the Bitcoin network is poised to see significant growth in its Layer-2 (L2) ecosystem, “finding an optimal mechanism to maintain finality” on the network remains an inherent limitation that prevents this from happening, Mithil Thakore, the co-founder and CEO of Velar, has said....
Binance Web3 Wallet Integrates Solana as Network Activity Soars
15.3.2024
By integrating the Solana network, Binance aims to transform its Web3 Wallet into a comprehensive, multi-chain, self-custodial wallet capable of meeting the diverse Web3 needs of its users, the exchange said in a recent press release.
The post Binance Web3 Wallet Integrates Solana as Network...
Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000
15.3.2024
Bitcoin is trading below $68,000, nearly 7.5% down in the last 24 hours. The price correction triggered massive liquidations as the entire network saw over $657 million positions liquidated in the last 24 hrs.
The post Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000...