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The integration of Flare with Polyhedra’s zkBridge DVN has been approved by the Polyhedra community. With the help of this integration, Flare developers will be able to use LayerZero to create secure and efficient cross-chain apps while still taking use of ZK proofs’ cryptographic guarantees. One of LayerZero’s Decentralized Verifier Networks (DVNs) is zkBridge,
The firm building the verifiable compute layer, Space and Time (SxT) Labs, announced today that it has raised $20 million in Series A funding to maintain its position as the industry leader at the nexus of blockchain and artificial intelligence. With the Series A equity funding, the firm has raised $50 million
A strategic relationship has been established between the Ministry of Digital Economy, Science and Technology Edo State, Nigeria, and INTMAX, the leading Ethereum Layer 2 solution developer. Nigerian pressure on the crypto market coincides with this partnership, highlighting Edo State’s dedication to innovation and digital development. Through this relationship, INTMAX will have
The launch of “Project X” is proudly announced by Qubic, a cutting-edge distributed ledger technology based on quorum that also has an AI platform in development. With this initiative, major features and upgrades are introduced to promote long-term community development. It will improve revenues, balance emissions, and support community driven development. A Thriving
One of the most widely used Web3 applications worldwide, EasyA, has announced a series of significant milestones as they onboard blockchain developers into the Polkadot ecosystem. Nearly 1,000 developers attended EasyA’s two Polkadot hackathons this summer, and 111 startups were incubated. Now, these teams are looking to attract further investment to grow
A campaign to Learn & Earn will be hosted on the Galxe platform by Ether.fi and the SSV Network DAO, as per the announcement. The initiative aims to educate the community about the importance of decentralizing Ethereum’s base layer and the potential of Distributed Validator Technology (DVT) for restaking. Through
Leading non-custodial wallet Tonkeeper has announced the release of its dapp browser on Telegram. The browser, which is integrated into the Tonkeeper wallet, offers a gateway to discover the best decentralized apps in the expanding TON ecosystem. Millions of users will find it simpler to access their favorite dapps and find new dapps
Base, the Layer 2 blockchain network nurtured by Coinbase, has recently surpassed 1 million daily active addresses. This marks a substantial increase in user engagement with the network growth of about 71% in the past 30 days. On Aug 24, Base recorded, 1.05 million active addresses and 1.03 million the
A breach has occurred in the Polygon community Discord channel. The chief information security officer at Polygon, Mudit Gupta, acknowledged the intrusion and warned users not to click on any links published in the Discord channel until the issue is fixed. Even though Gupta claimed that all privileged accounts had
Sony Group, the global conglomerate, is making a major entry into the blockchain space with the announcement of Soneium, a new Ethereum Layer-2 blockchain developed in partnership with Startale Labs. This innovative project aims to address key challenges in scalability and user experience, setting the stage for broader mainstream adoption
