According to blockchain intelligence firm Arkham, millions of dollars are either “stuck” or “forgotten” about in at least two sizable bridge contracts for several recognized crypto addresses.In a post on April 22, X, Arkham stated, “There are dozens of accounts with 6-7 figures stuck in bridge contracts, forgotten about.” These accounts included wallets linked to … Read more
The Polkadot protocol’s creator, Gavin Wood, has released a new Gray Paper that details the upcoming Join-Accumulate Machine (JAM) upgrade for the network. Wood made this announcement when discussing Polkadot’s future during his talk at the Token2049 cryptocurrency conference in Dubai. To promote diverse JAM protocol development, Wood established the JAM Implementer’s Prize, a 10 … Read more
With the official launch of “Ragnarok: Monster World,” Web3 game-focused blockchain Ronin and Gravity have formed a strategic relationship that brings the world of Ragnarok Online into the rapidly expanding realm of blockchain gaming. With Pixels’ successful migration, this partnership represents the first time a Web2 game IP has moved onto the Ronin network. “Our … Read more
The X Layer public mainnet has been formally launched by OKX and Polygon. The 50 million customers of the cryptocurrency exchange OKX recently announced that the X Layer network is intended to speed up and reduce the cost of Ethereum-based transactions for them. OKX Unveils Cross-Chain Liquidity Platform The Layer-2 (L2) network is constructed with … Read more
The first Layer 2 solution for BSC without using a roll up of any other layer 2 solution. Matrix Reserve is bringing a revolution to DeFi with the launch of Matrix Pulse Network, a Layer2 solution built for the Binance Smart Chain (BSC). This new technology promises to address the challenges of slow transactions and high fees that plague … Read more
In November of last year, Google Cloud was one of the testnet participants for EigenLayer. The restaking protocol and its ecosystem have reached a significant milestone with the debut of Google Cloud’s EigenLayer mainnet node operator. The company’s EigenLayer mainnet operator on X (formerly Twitter) has successfully launched, according to Sam Padilla, Web3 product manager and … Read more
RootData, a start-up platform in the Web3 asset data space, has received a pre-seed investment with a $1.25 million ceiling, which it views as a major boost to its operations. Prominent investors including NLVC, Boyaa Interactive, Bonfire Union Ventures, and other well-known personalities in the industry were also involved in the subsequent round. The funds … Read more
Despite the favorable market performance of Coinbase Global Inc. stock on Thursday, Cathie Wood-led Ark Invest took a noteworthy move by selling shares of the company. The COIN Exchange Many were taken aback by Ark Invest’s decision to sell Coinbase shares, considering the stock’s positive movement on the day of the transaction. Notably, at the … Read more
By 2030, Ethereum’s additional layers—referred to as Layer 2s (L2s) in the cryptocurrency community—are expected to have amassed a staggering $1 trillion market capitalization, according to VanEck. I’m not sure about you, but I’m genuinely intrigued by this. Analyzing the L2 Event Fundamentally, L2s consist of digital infrastructures situated on top of Ethereum’s primary blockchain. … Read more
SINGAPORE — 21 September 2023 — TOKEN2049, Asia’s premier Web3 and crypto conference, welcomed a record-breaking 10,000+ global attendees for its recently concluded Singapore edition. As the global crypto community descended on the city-state, attendees experienced an expansive range of over 450 side events, workshops, and exclusive networking opportunities throughout TOKEN2049 Week. With a remarkable … Read more