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Avalanche (AVAX), a popular blockchain platform, has hit a major milestone with one million Monthly Active Users (MAU). This comes approximately a week after launching its unique cloud computing offering, AvaCloud Platform. Interestingly, Avalanche’s developer, Ava Labs, attributes much of the recent success to the introduction of AvaCloud. The AvaCloud
The Formula One racing team Oracle Red Bull Racing has formed a cooperation with layer-1 blockchain protocol Sui Network. As stated in the press release, Sui Network has been selected as the team’s blockchain partner and will be collaborating with the organization to create innovative digital content for the group’s
The Nansen Research team that analyses blockchain data is being reduced in size by 30%. In the last year, layoffs have affected almost every crypto company. As a result of this recent action, Nansen has joined the ranks of other businesses that have reduced headcount as a result of the
Polygon (MATIC), the leading Layer-2 scaling platform for Ethereum (ETH), has announced a cooperation with German telecom major Deutsche Telekom. Deutsche Telekom has joined the Polygon Proof-of-Stake (PoS) network as one of 100 validators thanks to the agreement between the two companies. While the telecoms platform investigates the full potential
The Anoma Foundation, a nonprofit pioneering blockchain technology, is happy to announce the conclusion of a $25 million funding round. The third round of funding for The Foundation, which is co-led by well-known blockchain VC Company CMCC Global, marks the beginning of the race to commercialize the third generation of
While the global cryptocurrency market expands, XDC Network has reached an important turning point with its recent strategic partnership. The hybrid blockchain ecosystem has confirmed its collaboration with crypto assets management firm SBI Group’s subsidiary — SBI VC Trade. こんにちは https://t.co/M9Hh5NQjCm — Atul Khekade (@atulkhekade) May 31, 2023 Significantly, the
Tenet, a layer-1 ecosystem that is working to broaden the applications of liquid staking derivatives (LSD), has formed a strategic alliance with LayerZero, a top omnichain interoperability protocol that is now valued at over $3 billion. As a result of the cooperation, the LayerZero omnichain architecture will be used by Tenet,
The QWAN Foundation is supporting the introduction of The QWAN, a gaming token that enables a decentralized economy for all players worldwide, and Banger has been onboarded to The QWAN Ecosystem as the first significant gaming platform. The QWAN is a native token for gaming platforms, as well as an
Al Ansari Exchange is the biggest outbound personal remittance and foreign exchange firm in the United Arab Emirates (UAE), and Tranglo, a key partner of Ripple, has announced a substantial engagement with the company. In addition to potentially affecting Ripple’s ODL service, this cooperation also represents a major step forward
Thanks to an unexpected request made by the attacker, Tornado Cash governance token holders will soon recover authority over the protocol’s functioning. With this newfound power, the community may drive the protocol toward repair and increased safety. On May 26th, the proposal to return power to the original Tornado Cash
