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Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second
22.8.2023
Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism
Starkware to Open-Source ‘Magic Wand’ of Its Zero-Knowledge Cryptography Next Week
22.8.2023
The team behind the layer 2 Starknet blockchain said that they will also hold a code review on Aug. 31 at a conference in San Francisco
Privacy Breach at Friend.tech: Wallet Addresses and Usernames of 101,000 Users Exposed
22.8.2023
Friend.tech has suffered from a major privacy breach that has led to the unauthorized disclosure of sensitive information pertaining to more than 101,000 individuals.
Banteg, a core contributor to popular DeFi project Yearn Finance, has published a repository of publicly available scraped data...
Base Network's Friend.tech App Leads in Activity, Surpassing Arbitrum and Optimism
22.8.2023
Base-based, Twitter-linked Friend.tech app has seen revenue, fees, and activity jump significantly since Friday - surpassing a number of large projects, Layers 2, and Layers 1.
Looking at the revenues at 9:20 on Tuesday morning (CET), over the past 24 hours, Friend.tech took the 3rd place with...
YouTube releases ‘principles’ for working with music industry on AI tech
22.8.2023
The streaming platform revealed three key principles it will abide by as it works with major figures in the music industry to better grasp AI technologies
Shiba Inu Plans Shibarium's Public Restart Days After Botched Launch
22.8.2023
Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand
Friend.tech denies report that database of over 100K users was ‘leaked’
22.8.2023
Friend.tech has hit back at a report which suggested that its API “leaked” personal data of its users
Friend.tech Attracted NBA Influencers. So Why Does Everyone Think Crypto’s Latest Trend Will Die?
21.8.2023
Despite its initial success in attracting celebs, the portents aren’t good for the latest “Twitter-killer.”
Decentralized Social Network Friend.tech Surpasses $1 Million in 24-Hour Fees, Leaving Uniswap and Bitcoin Behind
21.8.2023
Decentralized social network Friend.tech has generated over $1 million in fees within just 24 hours of its release, outperforming well-established players like Uniswap and the Bitcoin (BTC) network.
According to data from crypto data aggregator DefiLlama, Friend.tech has generated $1.12 million...
Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market
21.8.2023
The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch
PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’
21.8.2023
Industry experts explain the benefits and disadvantages of PayPal’s PYUSD stablecoin
BNB Chain Exploiter Liquidated for $30M on Venus Protocol
21.8.2023
This is the second major liquidation in under a week and potentially safeguards bnb prices from crashing suddenly
Friend.tech Becomes Massive Ether Money Machine as NBA Players, FaZe Clan Join In
21.8.2023
The application has zoomed to becoming the second-largest revenue maker among crypto protocols in just over two weeks
Friend.tech hype unsustainable? Critics give it only months to live
21.8.2023
Most crypto industry heavyweights have been bullish about the new decentralized social media app friend.tech, but some critics warn it's getting too hot too quickly
Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks
20.8.2023
The platform was launched in beta version on Aug. 11 and allows users to tokenize their social network by buying and selling “shares” of their connections
Ethereum Gears Up for ‘Holesky’ Testnet Launch With 1.6 Billion Testnet Ether
19.8.2023
Ethereum developers plan to roll out a new testnet named Holesky, intending to bring 1.6 billion Holesky testnet ether to the network. The core devs of Ethereum highlighted that 1.4 million validators were evaluated for Holesky, with the aim of enhancing the blockchain’s comprehensive...
UK Researchers Claim New Tech Supercharges Bitcoin Mining With 260% Faster Hash Detection, Slashes Energy Use
19.8.2023
Quantum Blockchain Technologies (QBT), a research firm hailing from the U.K., purports to have spearheaded a revolutionary leap in bitcoin mining tech. They’ve unveiled certain methods that reportedly enhance the chances of pinpointing a winning hash. One such strategy, dubbed “Method...
Dubai to Subsidize Commercial Licenses for Web3 and AI Companies
19.8.2023
Dubai will offer subsidized licenses for Web3 and artificial intelligence (AI) companies that want to enter the country. The Dubai International Financial Centre (DIFC) and its campus will subsidize 90% of the costs of these licenses to attract companies in this sector as part of its push to become...
Women in Insurance Tech Conference by Altaworld
18.8.2023
Altaworld is celebrating the insurance industry’s foremost women of influence and leadership at the Insurance Tech Conference on September 7 – 8, 2023, at Embassy Suites by Hilton, Boston. This conference will bring 250+ insurance industry decision-makers together in person, both men...
The Protocol: Blockchains Keep Launching, From Sei to Shibarium
17.8.2023
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted...