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NEAR Foundation rolls out NEAR Data Availability layer
9.11.2023
NEAR Foundation has successfully introduced the NEAR Data Availability (NEAR DA) layer. Being a segment of the NEAR Open Web Stack, NEAR DA is a landmark innovation providing healthy and cost-effective data accessibility with regard to ETH rollups and Ethereum developers. NEAR DA is being delivered...
NFT Giant Opensea Retrenches an Unknown Number of Employees
9.11.2023
Opensea recently retrenched an unknown number of employees as part of what the CEO Devin Finzer describes as a rebuilding exercise. According to the CEO, taking this step helps Opensea build a foundation which enables it to innovate faster. Smaller Team With Direct Connection to Users Opensea,...
Polygon Labs to build zkWasm L2 Prover with NEAR Foundation
9.11.2023
Polygon Labs and NEAR Foundation are finalizing an agreement to produce a zero-knowledge (ZK) prover for Wasm blockchains. Connecting Wasm-oriented chains to the Ethereum ecosystem, which will also have an expanding number of multichain Polygon CDK chains, will be facilitated by a zkWasm prover....
The Protocol: Kraken Awakens – as Ethereum L2 Candidate
8.11.2023
In this week's edition of The Protocol newsletter, we explain how Kraken is reportedly considering launching its own layer-2 blockchain, following Coinbase's recent launch of a similar network, amidst a broader trend of companies creating Ethereum-based transaction solutions
Near Foundation Joins Celestia in Race to Provide 'Data Availability' for Ethereum Rollups
8.11.2023
The project's new "NEAR DA" aims to provide an alternate venue that could handle data produced by Ethereum's fast-growing network or auxiliary blockchains or "layer-2 networks."
Near Foundation and Polygon Labs Collaborate to Build ZK Solution
8.11.2023
The aim of the tie-up is to allow for greater interoperability across chains
Wintermute Considers Legal Action as NEAR Foundation Refuses Redemption of $11.2 Million USN Stablecoin
8.11.2023
Image Source: Wintermute Crypto market maker Wintermute is considering legal action after the NEAR Foundation and Aurora allegedly failed to honor an agreement to convert $11.2 million worth of USN stablecoins. In a recent post on X (formerly Twitter), Wintermute CEO Evgeny Gaevoy accused NEAR...
Wintermute claims NEAR backed out of $11M stablecoin redemption deal
8.11.2023
Wintermute founder and CEO Evgeny Gaevoy says the Near Foundation reneged on an offer to convert $11m million worth of its stablecoin
Nil Foundation Plans New Ethereum Rollup With Zero-Knowledge Proofs, Sharding
7.11.2023
The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies
Render Network Moves From Ethereum to Solana Blockchain in Major Win – Where Next for SOL?
2.11.2023
3D content rendering platform Render Network has relocated from the Ethereum blockchain to Solana in order to benefit from the latter’s high throughput and lower transaction costs. As per an update in a blog posted to Medium, the Render Foundation said that it had successfully implemented...
Abu Dhabi Global Market Unveils New Regulations for Web3 Firms
2.11.2023
Abu Dhabi seeks to beef up its web3 landscape with new guidelines for blockchain-based firms as its crypto hub is projected to grow in the coming months. The Abu Dhabi Global Market (ADGM) announced new rules that create numerous blockchain foundations and how they operate within the jurisdiction...
Prosecution Eviscerates SBF during Closing Arguments: “He Built a Pyramid of Deceit”
1.11.2023
Assistant U.S. Attorney Nicolas Roos, began closing arguments in the case against Sam Bankman-Fried this morning by claiming the FTX founder built a crypto exchange based on fraud. “He built a pyramid of deceit on a foundation of lies and false promises,” Roos said. “And when...
Near Token Rallies Amid Nym Partnership, Ahead of Nearcon Conference
1.11.2023
The Near Foundation announced a partnership with Nym Technologies, a privacy layer-0 infrastructure startup
Celebrating 15 Years of Bitcoin: Unraveling Satoshi Nakamoto’s Seminal White Paper
31.10.2023
Fifteen years ago, on a memorable Halloween night, Satoshi Nakamoto introduced the world to Bitcoin through a white paper that laid the foundation for decentralized digital currencies. Published on a cryptography mailing list, this seminal document provided a comprehensive solution to...
Starknet Foundation Rewards Early Contributors with STRK Tokens before Trading Unlock
31.10.2023
The Starknet Foundation has taken a step to acknowledge the early contributors to its network by allocating 50 million STRK tokens. This gesture comes even though these tokens are locked and not yet tradable until April 2024. Starknet, a Layer-2 blockchain network built atop Ethereum, aims...
Starknet Foundation Showers STRK Tokens on Contributors, Though They're Not Trading Yet
30.10.2023
The foundation, formed in November 2022 after the initial developer StarkWare minted 10 billion STRK tokens, is now awarding early contributors to the Ethereum layer-2 network – even though they're locked for trading at least until next April
Arbitrum Foundation Says 'Orbit' for Layer-3 Networks Now Ready for Mainnet
26.10.2023
Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain
This Cybersecurity Pro Gets Paid to Hack Ethereum – for the Good of the Network
25.10.2023
One technique that these Ethereum Foundation security researchers use to protect the blockchain is “fuzzing,” a term borrowed from the software-development industry that’s become a common way of checking to make sure a system is secure and resilient
TopHash: Your Gateway to Cloud Mining
25.10.2023
This sponsored post was written by the TopHash team. Read disclaimer below. Undeniably, the endeavor to amplify secondary sources of income has become more pertinent in today’s economic landscape. The conventional job market often falls short of providing a stable financial foundation...
Sui Foundation Faces Probe: Token Price Hits All-Time Low
19.10.2023
The small-cap crypto token Sui is facing turbulent times as its price hits all-time lows.
As of press time on Thursday, the price of SUI was down close to 1% for the day and down 9.4% for the past seven days, hitting its lowest levels ever.
The cause of the decline is tied to reports in local...