Fri, November 22

Search Results for: Blockchain

Prom Launches Mainnet, Boosting Blockchain Scalability and High Performance

Following a comprehensive testnet campaign that saw over 25,000,000 transactions and 2,000,000 unique wallets engage with a chain, Prom, a scalable network that is built on Polygon SDK, made the announcement today that it has launched its mainnet. Because Prom utilizes zero-knowledge proof technology to enable greater throughput, decreased transaction

19 hours ago 3 mins read

DWF Labs Awards $500,000 Grant to Cat-Welfare Blockchain Project $BARSIK

In a time in which blockchain innovation interacts with social problems, DWF Labs has announced that they would be providing a grant of $500,000 to $BARSIK, a project that is focused on the welfare of cats. This announcement has aroused a lot of curiosity. On November 19, the prominent Web3 corporation made

November 20, 2024 2 mins read

Brazil’s CBDC Pilot Enters Phase 2, Leveraging Blockchain and Oracles

To enhance supply chain procedures and cross-border agricultural commodity transactions, the second phase of the Drex central bank digital currency (CBDC) pilot was established by Brazil’s central bank, Banco Central do Brasil (BCB). Moreover, in the second stage, it will employ blockchain and oracles to create a trade financing solution.

November 19, 2024 2 mins read

Polter Finance Loses Over $7 Million in Crypto Hack on Fantom Blockchain

Polter Finance, a platform that lets people borrow and lend cryptocurrency caught into a Crypto hack on November 18, 2024, and over $7 million was stolen. How the Crypto Hack has Happened The hacker used TornadoCash, which lets people send cryptocurrency. Which is to hide where the stolen funds came

November 18, 2024 2 mins read

Somnia Launches High-Performance 400k TPS Blockchain Devnet

With the debut of its Devnet, Somnia—the dream computer for a fully on-chain world—offered the world a preview of its high-performance blockchain, which is intended to manage reactive mass-consumer apps like as gaming, SocialFi, DeFi, and metaverses. Developers and Web3 users may now independently test the blockchain and evaluate Somnia’s 400k TPS

November 15, 2024 2 mins read