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In a Series A funding round, Fhenix, an Ethereum Layer 2 network developer with an emphasis on data confidentiality, has raised $15 million. According to Fhenix on Tuesday, Hack VC led the round, with participation from Dao5, Amber Group, Primitive Ventures, GSR, Collider Ventures, and Stake Capital. Guy Itzhaki, the CEO
Mandala Chain, a Polkadot parachain that unifies public and private sectors through the integration of enterprise and government applications, has announced their initial collaborations and use cases. The first use case, IDCHAIN, is a partnership with the organization in charge of Indonesia’s top-level.id domain. Over 10 million new wallets are expected to
The cryptocurrency market is filled with thrilling opportunities and intense competition. Among the contenders vying for investor attention are Retik Finance (RETIK), Polygon (MATIC), and Dogwifhat (WIF). Each has its own strengths and trajectories, but which one will hit the coveted $10 mark first? Let’s delve into the details, examining
Project Overview NOTCOIN NOTCOIN is recognized as the first breakout project within the Telegram ecosystem. Since the beginning of this year, NOTCOIN has rapidly gained traction due to its inherent meme appeal and easy Tap-to-Earn gameplay, attracting 5 million users within a week of launch, with peak daily active users
SocialTensor, a web3 platform focused on developing realistic decentralized artificial intelligence infrastructure, has announced the first subnet merger on the Bittensor (TAO) blockchain with NicheTensor, an image and text generation platform. According to the announcement, the subnet merger on the Bittensor network will result in a new entity dubbed SocialTensor,
PolkaPort East has been granted a grant from Web3 Foundation, the organization fostering the expansion of the Polkadot ecosystem. The Decentralized Futures (DF) grant aims to drive technical, community, and wider ecosystem adoption while assisting in the further decentralization of Polkadot. Leading Polkadot’s growth strategies and investor relations, with a focus
The market value of Polygon’s stablecoin has increased dramatically within the past three months. A staggering $1.5 billion was the market cap of the Ethereum Layer 2 solution’s stablecoin, according to the most recent data from Messari. This represents a substantial 19% growth from the previous quarter. According to Messari’s
In order to further its proprietary “PARANOID” blockchain technology, the US Navy is looking for commercial sector partners to form a cooperative research and development agreement (CRADA). A blockchain-based system called PARANOID (Powerful Authentication Regime Applicable to Naval Operational Flight Program Integrated Development) provides software security throughout development and deployment
The highly secure multi-chain cryptocurrency wallet Talisman has announced the release of Talisman Quests, a gamified experience meant to increase user interaction and knowledge within the Polkadot ecosystem. Quests, which recently operated in beta, requires cryptocurrency users to establish a profile and proceed through several levels by gathering experience points (XP)
A significant step forward for the blockchain interoperability platform has been achieved by Entangle with the confirmation of Solana’s integration into its Photon messaging protocol. Despite the long history of difficulty in creating interoperability between different ecosystems, Entangle has broken new ground by enabling trustless cross-chain messaging between the Ethereum
