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The Protocol: Ethereum Layer-2s Keep Coming as OKX Apes In
15.11.2023
In this week's edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file hosting on the Bitcoin blockchain
Ethereum Platform Infura's Step Toward Decentralization Includes Microsoft, Tencent
15.11.2023
Infura, from the Ethereum developer ConsenSys, is so dominant that it's been cast as a potential single point of failure. Now it's creating a "decentralized infrastructure network" to help protect against outages – enlisting a "federated" group of partners
National Hockey League Comes Around to Digital Collectibles, Using Sweet Platform
15.11.2023
NHL Breakaway launches with Sweet, a platform for brands to create NFT collectibles under the Ethereum ERC-721 standard on Polygon and the Ethereum mainnet, as well as the Tezos NFT standard
Former Boxing Champ Manny Pacquiao’s Foundation Will Use Shibarium for Its Operations
15.11.2023
The charitable foundation established by the eight-time WBC champion will use the Shibarium blockchain to optimize fundraising, distribution, and other operations
Blockchain Developer Lattice Unveils 'Alternative Data Availability' Network for Optimism
15.11.2023
Redstone is operating in testnet, and aims to be cost-effective for on-chain games and decentralized applications
Standard Chartered Investment Arm Launches Tokenization Platform
15.11.2023
Libeara will enable the creation of a tokenized Singapore dollar government bond fund
JPMorgan, Apollo Tokenize Funds in 'Proof of Concept' With Axelar, Oasis, Provenance
15.11.2023
The aim of the project was to allow wealth managers to tokenize funds and to be able to purchase and rebalance positions in tokenized assets across multiple interconnected chains
Cryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology
14.11.2023
The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 projects
Circle to Enable Cross-Chain USDC Transfers With Cosmos's Noble Later This Month
14.11.2023
Decentralized exchange dYdX will be the a user of CCTP, as the project expands beyond Arbitrum, Base, Ethereum and Optimism
Lens, Aave's Decentralized Social Media Platform, Launches Major Upgrade on Polygon
13.11.2023
The open source protocol spearheaded by DeFi giant Stani Kulechov has released a bevy of new monetization features
Bitcoin Researcher Behind 'BitVM' Ignites Fresh Buzz With New Paper on File Hosting
13.11.2023
The proposal by Robin Linus, a core contributor to Bitcoin-based zero-knowledge proofs developer ZeroSync, sets out how an open market for content hosting could be created by "an atomic swap of coins for files."
Ex-Polygon Veteran Wyatt Joins Optimism Foundation Unit in Growth Role
13.11.2023
Wyatt, who previously served as president at Polygon Labs and had a stint at YouTube, joins as chief growth officer, where he will be in charge of helping developers build across Optimism’s ecosystem of blockchains
Raft Suffers $3.3M Exploit That Drove Down Stablecoin 50%, but Hacker Likely Lost Money on Attack
10.11.2023
Raft's R stablecoin lost its dollar peg, dropping as much as 50% in the immediate aftermath of the exploit
Ethereum Fees Briefly Jumped to $100 After BlackRock’s ETH ETF Filing
10.11.2023
Fees spiked to as high as 270 gwei late on Thursday, the data shows, temporarily touching a level last seen in June 2022
Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups
9.11.2023
The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds
Ritual Raises $25M for AI Decentralization, Targets Universal Access with DeFi Integration
9.11.2023
Ritual raises $25M to build a decentralized AI network. Image by ipopba, Adobe Stock. Ritual, a startup building a decentralized platform for artificial intelligence, has raised $25 million in a seed funding round. The funding was led by venture capital firm Archetype, with participation from Robot...
Blockchain Staking Firms Update Best Practices Amid 'Increased Scrutiny'
9.11.2023
The new “staking principles,” published by the Proof of Stake Alliance, aim to ensure consumer protections and promote innovation. Signers include Lido, Coinbase, Rocketpool, Blockdaemon
Cardano-Based DEX MuesliSwap to Open Refund Site 'Soon' as Some Users Voice Concerns
9.11.2023
The DEX previously said traders lost a significant amount of ADA due to a “misunderstanding” about how the platform operates, but confirmed it would refund losses at the time
Protocol Village: Stackr, Provider of Tools for 'Micro-Rollups,' Raises $5.5M
8.11.2023
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 9-15, with live updates throughout
Arbitrum Voters Polarized Over 'Research' Pitch With $2M Price Tag
8.11.2023
Proposed coalition of professional researchers could help "accelerate decision-making" at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest