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Ava Labs has detailed their scaling solution Vryx in an effort to enable Avalanche blockchain rates of about 100,000 transactions per second. The scaling strategy was described in a research piece that was published today, and Ava Labs is already employing it. In the next few weeks, it intends to
Flipside, a blockchain analytics startup, reports that in 2023, Polygon gained almost as many cryptocurrency users as Ethereum. Although it fell around 160,000 users shy of Ethereum’s 15.4 million in 2023, the scaling solution Polygon reported 15.24 million gained users. According to Flipside, a user is considered acquired if they
It’s becoming more and more commonplace to explore the tokenisation of real-world assets (RWAs) in the last couple of years, with innovative, blockchain-based projects popping up in a variety of industries with the goal of replicating asset values on the blockchain. We’ve seen interest in this process in everything from
The developer of the Web3 investing application Dopamine, Web3Intelligence, has raised $4.5 million prior to the release of its native token, DOPE. According to an email notification on Thursday, DAO MAKER, Shima Capital, and Gate.io were among the investors that took part in the private investment round. In the realm
Pacific Meta and blockchain gaming ecosystem Oasys collaborated to facilitate gaming projects on Oasys by using Pacific Meta’s plethora of knowledge in introducing Web3 products to the Chinese-speaking market. Pacific Meta has established a track record of supporting big gaming firms looking to get into the Chinese-speaking market. It will
Aggregation layer, short for “AggLayer,” is a novel offering from Polygon Labs that aims to bridge the gap between blockchains and zero-knowledge proofs. According to Polygon Labs, the first release of the solution is scheduled for February. It will allow developers to connect blockchains in order to facilitate uniform liquidity.
Tornado Cash developers Roman Storm and Alexey Pertsev have garnered over $350,000 in legal fees and public support from former NSA whistleblower Edward Snowden. U.S. authorities have charged Roman Storm and Roman Semenov of Tornado Cash with violating sanctions and laundering money. The $600 million Ronin Network assault and North
Blocktrade, an asset marketplace and trading platform, has revealed a significant update that makes purchasing cryptocurrency at retail locations simpler than ever. Any business may now accept payments in a variety of cryptocurrencies and promptly have euros transferred into their accounts thanks to the new capability. Users may now pay
With five trademark applications pertaining to blockchain technology and cryptocurrencies that are still active from 2022, the United States House Financial Services Committee is pressuring Meta to reveal any intentions it may have about blockchain technology and cryptocurrencies. The trademark applications were filed on March 18, 2022. In a letter
On Horizen EON, Polytrade will facilitate the exchange, fractionalization, and trading of real world assets including real estate, collectibles, trade finance, and structured credit! Polytrade is a web3 protocol that intends to aggregate RWA demand and address it. Asset Originators may tokenize a variety of real-world assets using the Polytrade
