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Search Results for: Polygon

Did the CrowdStrike Outage Impact the Crypto Space?

On July 19, Mudit Gupta, CISO of Polygon Labs, confirmed that despite a global IT infrastructure outage caused by a CrowdStrike update, their systems were unaffected. Gupta stated that Polygon Labs employs CrowdStrike’s services but ensures rigorous testing of updates, a key security measure that shielded them from disruption. The

July 19, 2024 2 mins read

Lumia HyperNodes Sale Promises New Era for Onchain Liquidity and Data Availability

The sale of Lumia’s HyperNodes will usher in a new era for onchain liquidity and data availability. The zkEVM Layer 2 network Lumia has made its HyperNodes available for sale. Nodes may now be purchased at node.lumia.org, enabling the community to contribute to the Layer 2 decentralization effort and help Lumia

July 18, 2024 2 mins read

Grayscale Introduces Groundbreaking Decentralized AI Fund

The Grayscale Decentralized AI Fund is the latest offering from the industry-leading crypto asset management Grayscale, which has been making waves across the world. The company made the announcement public recently, and it’s the first of its kind to provide investors with a way to put their money into assets

July 18, 2024 2 mins read

Lumia Announces Launch of Layer 2 Network to Boost RWAs Accessibility

Lumia has announced the release of its layer 2 network for Real World Assets (RWA). By deploying it, RWAs will have more access, deeper onchain liquidity, and new use cases for tokenized assets. One of the first rollups particularly made for RWAs, Lumia is a modular L2 geared to achieve

July 17, 2024 2 mins read

SparkDEX Launches Advanced AMM & Perps Protocol on Flare

Flare, the layer 1 blockchain for data, is thrilled to announce that the SparkDEX team has opted for deploying their sophisticated decentralized finance hub on the network, which includes an AMM and perps protocol. By doing this, SparkDEX will take use of the decentralized data access provided by Flare’s entrenched data

July 15, 2024 3 mins read

Top Crypto Staking Platforms for 2024

Crypto Staking is one of the best investment opportunities available with some cryptocurrencies where you lock a fixed amount of your crypto for a set period to help maintain the operations of a proof-of-stake blockchain. In return, you could earn more rewards. This process allows you to earn passive income

July 13, 2024 5 mins read

Toncoin (TON) Price Consolidates Eyeing for a Breakout

A potential layer-2 scaling solution to integrate with the expanding ecosystem is being considered by the Open Network (TON). The TON Applications Chain (TAC) will develop the L2 solution as an engine driven by zk, as announced on X. TON is widely recognized as a leading network in terms of

July 11, 2024 2 mins read

US Spot Bitcoin ETFs Register Net Inflows, Extending 4-Day Streak

On Wednesday, the U.S. spot bitcoin exchange-traded funds (ETFs) had a net inflow of $147.37 million, continuing a streak of four days of positive fund flows. SoSoValue statistics shows that Fidelity’s FBTC received $57.79 million on Wednesday. Up next was Franklin Templeton’s ETF, which raised $31.66 million, its highest funding

July 11, 2024 1 min read

MetaMask Launches Delegation Toolkit for Improved Web3 Access

Consensys-based Wallet support and Web3 firm MetaMask released its new toolkit at the EthCC event on July 9. The company aims to simplify the developer process within Web3 and to enhance user experience in DApps. The entire Web3 community is working towards bringing the technology into the mainstream on a

July 9, 2024 2 mins read