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Elderberry upgrade positioned live on Mainnet
15.3.2024
The Elderberry upgrade is now positioned live on Polygon zkEVM Mainnet Beta, signaling a noteworthy improvement in the network’s capabilities. The Infra providers will be required to update the new versions of node and prover. The step has been taken in favor of the mass adoption of Web3....
Binance-Backed Platform NFPrompt Hacked, User Funds Lost
15.3.2024
NFPrompt, a content generation platform incubated by Binance Labs, disclosed a crypto security breach resulting in the loss of user and platform funds.
The post Binance-Backed Platform NFPrompt Hacked, User Funds Lost appeared first on Cryptonews
Cosmos-Based Canto Blockchain Unveils ‘Cyclone Stack’ in Runup to Polygon Move
15.3.2024
The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain
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...
The Graph introduces data tools for Avalanche developers
15.3.2024
Avalanche Developers of the contemporary age can utilize the Graph’s decentralized network more efficiently than ever before. Due to lower costs and competitive syncing times, the Graph’s decentralized network has become a big hit among Avalanche developers. It opens up exciting opportunities...
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....
Trump Poll Numbers In US Elections Boosted By Crypto Community
15.3.2024
A recent poll conducted by leading crypto venture capital firm Paradigm reveals that Donald Trump enjoys significant support from the crypto community.
The post Trump Poll Numbers In US Elections Boosted By Crypto Community appeared first on Cryptonews
Hong Kong Gears Up for e-HKD: Phase Two Pilot Seeks CBDC Use Cases
15.3.2024
Hong Kong's central bank, the Hong Kong Monetary Authority (HKMA), announced today the launch of the second phase of its e-HKD pilot program.
The post Hong Kong Gears Up for e-HKD: Phase Two Pilot Seeks CBDC Use Cases appeared first on Cryptonews
Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund
15.3.2024
Arbitrum Foundation proposes a $400 million gaming catalyst fund to the DAO for community endorsement, aiming to invigorate its blockchain gaming ecosystem over two years.
The post Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund appeared first on Cryptonews
Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client
15.3.2024
Cordial Systems, a venture-backed blockchain infrastructure company, has launched Cordial Treasury with several clients including Jump Crypto, the digital-asset unit of Jump Trading.
The post Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client appeared first on Cryptonews
Russian Lawmakers – Failure to Regulate Crypto Hurting Russian Economy
15.3.2024
Russian lawmakers have criticized Moscow over its “failure” to regulate the crypto sector, claiming that inaction harms the nation’s economy.
The post Russian Lawmakers – Failure to Regulate Crypto Hurting Russian Economy appeared first on Cryptonews
Bitfrost and Stacks Foundation Team up to Enhance Bitcoin Utility
14.3.2024
In a recent development, the Bitfrost Foundation has allied with the Stacks Foundation to explore new opportunities within the Bitcoin ecosystem. This partnership is dedicated to harnessing Bitcoin’s potential by introducing innovative use cases and improving interoperability with assets...
Hong Kong’s Market Regulator Warns Crypto Traders, as Bybit Comes Under Scrutiny
14.3.2024
On March 14, Hong Kong’s Securities and Futures Commission (SFC) cautioned crypto traders about using Bybit, a popular cryptocurrency exchange platform.
The post Hong Kong’s Market Regulator Warns Crypto Traders, as Bybit Comes Under Scrutiny appeared first on Cryptonews
Crypto Gains Surpassed $37.6 Billion in 2023: Chainalysis
14.3.2024
Global crypto gains reached $37.6 billion in 2023 following substantia losses in 2022, blockchain intelligence firm Chainalysis reveals in a new report released Thursday. The latest data is a promising sign for the crypto industry amidst bitcoin's dramatic rally.
The post Crypto Gains Surpassed...
Monad Devnet Launches with Scalability Promise – Could it Push Ethereum Technology to New Heights?
14.3.2024
Ethereum-compatible blockchain Monad launches its devnet, demonstrating potential for 10,000 transactions per second in testing. The project's parallelized EVM architecture offers greater throughput and developer compatibility.
The post Monad Devnet Launches with Scalability Promise – Could it Push...
BNB Chain Launches Rollup-as-a-Service to Bolster L2 Blockchain Development
14.3.2024
On Thursday, the team behind BNB Chain introduced a novel Rollup-as-a-Service (RaaS) offering for the development of layer two blockchains (L2s) atop the BNB Chain. The team detailed that the service equips sizable decentralized applications (dapps), enterprises, and the BNB Chain with...
Web3 Fashion House mmERCH Secures $6.4m in Seed Investment Ahead of Innaugural Collection
14.3.2024
Blockchain-enabled Web3 fashion startup mmERCH announced its $6.4 million seed funding round at a $25.7 million post-money valuation led by Liberty City Ventures Thursday, marking a significant milestone for the Colby Mugrabi-led fashion house.
The post Web3 Fashion House mmERCH Secures $6.4m...
Is It Too Late to Buy Toncoin? TON Rallies with 347M Volume, Eyes on Next Rising Coin
14.3.2024
Toncoin (TON) rose 59% over the last seven days and posted a hefty $347 million in 24-hour trading volume, according to data by CoinGecko. TON is the native coin powering a decentralized file sharing and data storage solution protocol called TON Storage. It launched on The Open Network (TON)...
XRP Price Prediction as Bulls Push XRP Above $0.65 Resistance – $1 XRP Incoming?
14.3.2024
XRP is trading above its key $0.65 resistance level after rising 10.5% in the last seven days. The token for crypto payment company Ripple’s blockchain currently changes hands at $0.68, but is it likely to rise to a dollar this year? XRP is certainly following broader market trends. Leading...
Goldman Sachs, CBOE, Standard Chartered, and Others Complete Blockchain Interoperability Pilot on Canton Network
14.3.2024
Goldman Sachs, the CBOE, Standard Chartered, and other financial institutions participated in the pilot of the Canton Network, a protocol aiming to achieve interoperability in apps using resources from various blockchains. Digital Asset, the company behind the pilot, stated that this test showed...