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The proposal for the upgrade to v2.1.0 of Terra Classic was issued by the Joint L1 Task Force (L1TF) for debate and evaluation on Commonwealth. Since the Terra Classic community gained control of the blockchain in May of last year during the Terra-LUNA dispute, this is one of the most
KuCoin, a secure crypto exchange, is gearing up its layer-2 optimism network for the upcoming Bedrock upgrade. The update expected to boost scalability, security, and efficiency. 🚀🌐 Layer2 network Optimism is gearing up for the Bedrock Upgrade soon! 💡💎 Discover how this game-changing update boosts scalability, security, and efficiency for
Web3 businesses battled for investment from Binance Labs in the highly acclaimed worldwide digital series Build The Block, and today zkPass was named the winner by Binance. The founding team of zkPass received the most votes during the seven-episode competition, which comprised 12 project finalists and was therefore given the top
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,
