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Polygon 2.0 to propel the chain into the top 3 ranks by 2024


Experts are laying out their predictions by putting Polygon on the list of the top three chains for the next year. Needless to say, this is merely an estimate, with the actual outcome inclined to drive either way. The majority of the prediction is based on the fact that Polygon 2.0 will change...

Movement Labs releases M2, the first Ethereum Move VM-based L2


Movement Labs is all set to release M2, which is the first Move Virtual Machine L2 for Ethereum, upgraded with Celestia in the form of a modular DA. Movement is creating an ecosystem of modular move-oriented blockchains with the help of Celestia’s Blobstream and modular stack. It will also...

Bitcoin Hash Rate Taps All-Time High Ahead of Next Year’s Halving


Source: Pexels Bitcoin’s (BTC) hash rate is at an all-time high few months away from the next halving with bulls anticipating another run to wipe the losses of the bear market. According to data from blockchain.com, the Bitcoin hash rate hit 491 exahashes per second (TH/s) on Nov...

LayerZero goes live on Astar Substrate


LayerZero Labs has announced that it is now live on Astar Substrate, an extended arm of Astar Network. The L1 blockchain is known to support not just EVM environments but also Wasm environments. Moreover, it has introduced the Build2Earn Program for developers who choose to build on Astar....

KyberSwap Hacked for $48 Million, Hackers Suggest Negotiations


Source: KyberSwap KyberSwap, a decentralized exchange, has been compromised in a hack resulting in the theft of $48 million, prompting the platform to advise users to withdraw their funds while the attackers hint at entering negotiations. On-chain data indicates that the hack on KyberSwap resulted...

Bullish Brazilian Bank Nubank Adds Five More Altcoins to Banking App


Source: Diego/Adobe The Brazilian neobanking unicorn Nubank is stepping up its crypto adoption drive, adding trading capabilities for five more altcoins to its banking app. Per the Brazilian media outlet Livecoins, the bank added support for Polkadot (DOT), Avalanche (AVAX), Stella Lumens (XLM)...

Belgium Moves to Accelerate EU Blockchain Infrastructure Project


Source: Pixabay The Belgian government has unveiled plans to accelerate the development of a blockchain infrastructure project in Europe during its Council of the European Union presidency in early 2024. Belgium to focus on a public sector European #blockchain during its EU presidency The country...

Social Media Speculates if F2Pool is Censoring Transactions, Founder Responds


0x10BC, a Bitcoin development blogger, has unveiled data potentially suggesting that F2Pool has censored a number of recent transactions. What 0x10BC’s data says 0x10BC, who runs a mining pool observation project with the aim of detecting potential unrecognized potential Bitcoin transactions...

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