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Revolutionary blockchain infrastructure project Orbs has stated that it is working on Orbs V4, the next significant version of its network protocol. V4, which is seen as an important upgrade, is intended to improve the reliability and efficiency of Orbs’ Layer 3 technology, readying the network for an anticipated spike in
In order to facilitate the transition from conventional web domains to the decentralized Web3 domains, the Ethereum Name Service (ENS) has teamed up with GoDaddy, a domain registrar, to provide customers free usage of the .eth web domains with their URLs. Web2 and Web3 infrastructures are becoming more interdependent, and
After spending time in jail in Montenegro, Han Chang-joon, the former chief financial officer of Terraform Labs, was extradited to South Korea. Both Terraform Labs and its co-founder, Do Kwon, were detained in March for trying to leave using phony passports. This additional twist adds another degree of complication to
In comparison to the ecosystems of Ethereum and Cardano, Charles Hoskinson, founder of Cardano (ADA), believes that Bitcoin L2 does not have sufficient potential. According to Hoskinson, Bitcoin isn’t robust enough to handle a layer-2 scaling solution, in reaction to an update given by Muneeb Ali, co-creator of the Stacks
The leading cryptocurrency wallet, Trust Wallet, stated today that it has received the highly sought-after ISO 27001 and ISO 27701 certifications for privacy information management and information security governance. As the first web3 wallet to obtain both the ISO 27001 and ISO 27701 certifications, Trust Wallet is acknowledged as a
In the trending airdrop season, one that caught the eye of the community is Shardeum, an EVM-based L1 blockchain. It is on the verge of introducing its incentivized testnet, accompanied by a comprehensive three-phase airdrop initiative. This strategic move aims to acknowledge and reward early contributors who have played pivotal
In a resounding success for Pyth Network, the PYTH token has become the talk of the town, soaring to new heights as the top gainer in the cryptocurrency market. The digital asset has experienced an impressive 29% surge in the past twenty-four hours, accompanied by a remarkable 239% spike in
A Distributed Denial of Service (DDoS) assault has been reported on Solana’s Phantom wallet. The protocol has detected many attempts to overwhelm its systems, according to the team behind Phantom. PSA: We're currently experiencing a DDOS attack. There are attempts to overload our systems and some services may be temporarily
In a recent post on twitter, Polygon Labs CEO Marc Boiron announced the layoffs of 19% of the team. After several other firms announced layoffs amid last year’s recession, Polygon Labs has decided to fire 60 employees. Boiron stated: “We are on a mission to fundamentally change the internet so
The premier institution for digital assets, Nexo, announced that it has joined the International Association for Trusted Blockchain Applications (INATBA). With the help of INATBA’s well-established connections with important public sectors in finance and regulation, Nexo’s commitment to reshaping the blockchain landscape has advanced significantly with this strategic cooperation. Through this
