Thu, February 13

Cardano’s DeFi Total Value Locked (TVL) Rises Amid Price Volatility

Despite what may seem to be excessive price swings, Cardano’s (ADA) DeFi TVL has been trending upwards. According to DeFi aggregator DeFiLlama, the total number of ADA tokens locked on all of the DApps it monitors has hit a new all-time high of 557.62 million ADA. This figure has increased

July 5, 2023 2 mins read

Terra Classic Devs Propose Bug Bounty Program To Improve Security

The Joint L1 Task Force (L1TF), a group of community-backed core developers for Terra Luna Classic, has suggested a bug bounty program to reward those who discover and responsibly disclose flaws in the system. The reward will be paid entirely out of donations to LITF made by the general public.

July 4, 2023 2 mins read

Polygon Labs and Warner Music Group Launch Music Accelerator Program

Warner Music Group, a behemoth in the American entertainment industry, and Polygon Labs have expanded their partnership with the introduction of a music accelerator program designed to spur “the next generation of innovation at the intersection of Web3 and music.” The two organizations intend to provide funding for the development

July 3, 2023 1 min read

Ubisoft Launches Web3 Game; Champions Tactics: Grimoria Chronicles

Ubisoft, the creator of Assassin’s Creed and Just Dance, was an early adopter of blockchain technology among major traditional game companies and has persisted in doing so. A new Web3 game from the developer has been revealed. A new PC game called Champions Tactics: Grimoria Chronicles was revealed late last

July 3, 2023 2 mins read

Recent Approvals Drain Terra Classic Community Fund Pool

The community pool fund at Terra Luna Classic has reached a dangerous low after three expenditure requests were approved by the community. The community no longer has enough money to pay for the further growth and upkeep of the network after seeing their total funds fall from 2.37 billion LUNC

July 3, 2023 1 min read

dYdX Prepones Launch of Cosmos-based Public Testnet

As part of its plan to leave the Ethereum ecosystem by the end of 2023, the DYDX Foundation, the non-profit behind the famous DEX, dYdX, has preponed the launch of the public testnet of its Cosmos-based blockchain. The Foundation has announced that the testnet will launch on July 5, sooner

June 30, 2023 2 mins read

Coinbase Layer-2 Network Base Nears Mainnet Launch

In anticipation of Base’s mainnet launch, Coinbase affirmed on Wednesday that its Ethereum Layer-2 network had been subjected to extensive security evaluations conducted by researchers. Reports indicate that Coinbase commissioned a six-month internal audit from its protocol security team to thoroughly test the security of Base, built on the OP

June 30, 2023 1 min read

Flare and aiPX Team Up to Revolutionize Decentralized Trading with Groundbreaking Perpetual DEX

In a significant move forward for blockchain technology, Flare, the leading Layer 1 data-centric blockchain, has joined forces with aiPX, a spinoff of Level Finance. This synergistic partnership aims to launch a groundbreaking decentralized non-custodial perpetual exchange on Flare‘s network. Capitalizing on Flare’s Time Series Oracle (FTSO), aiPX will provide

June 29, 2023 2 mins read

Algorand Sets New Speed Record: 10k Transactions Per Second on Blockchain

The tech world thrives on speed, and Algorand has just gone full throttle. With its latest feat, the blockchain giant is outpacing most sports cars and promising the world an experience that’s nothing short of a digital revolution. 👀Blink and you might miss it! 🏎️💨@Algorand now secures transactions faster than

June 28, 2023 2 mins read

Innovative EVM Layer-2 Solution ‘Rollux’ by SYS Labs Goes Live

Rollux, an innovative EVM Layer-2 solution, has been launched by SYS Labs, a Web3 product suite powered by Syscoin. Rollux presents a unique method of scaling Ethereum that sets SYS Labs apart from its rivals. Rollux is meant to optimize the performance of Ethereum network applications by using the power

June 28, 2023 2 mins read