Search Results for: Polygon

Arbitrum Paving the Way for L3s: Offchain Labs Co Founder

Layer 2 scaling solutions, like Polygon, Arbitrum, and Optimism, are improving different aspects of L1 blockchains, including decentralization, security, and interoperability. Meanwhile, Layer 3 networks, with their application-specific paradigm, are customizing trends and progress in the broader blockchain ecosystem. New paradigms and decentralized applications (dApps) are continually emerging in this

September 18, 2023 7 mins read

Base Hits Record Transaction Volumes in March, DeFi Activity Surges

Layer-2 Network Base Achieves 1.88 Million Daily Transactions

Statistics from blockchain analytics provider BaseScan shows that Layer-2 Network Base broke its previous record for daily transactions, set on launch in August. Base reached 1.88M transactions on September 14, exceeding the earlier record of 1.41M transactions reached on August 21. The layer-2 network processed more transactions than Optimism and

September 17, 2023 1 min read

Kresus Crypto Wallet Offers a Hassle-Free Solution for NFTs Storage via Sotheby's Metaverse

Magic Eden Embraces Solana’s cNFTs Offering Affordable Option

As a more affordable and scalable approach to owning digital collectibles, Magic Eden, a marketplace for NFTs, has announced its support for Solana’s compressed NFTs (cNFTs). Compressed and held off-chain, cNFT data is what sets them apart from regular Solana NFTs. Since there are less costs associated with minting them,

September 16, 2023 1 min read

Deutsche Bank All Set To Offer Institutional Crypto Custody Solutions

In order to provide a comprehensive custody solution for institutional customers interested in the safeguarding of their cryptocurrencies and tokenized assets, the prestigious Deutsche Bank has formed a strategic relationship with the Swiss crypto firm Taurus. This is a huge step forward in connecting the established banking system with the

September 14, 2023 2 mins read

Degen Checkpoint From CoinStats at TOKEN2049 Singapore

CoinStats offers exclusive rewards at the TOKEN2049 premier crypto event in Singapore this September. You can visit the CoinStats booth to test your “degenhood” at its unique “Degen Checkpoint” and take home an exclusive cap with its NFT version. This prize comes with a Lifetime CoinStats Premium subscription valued at

September 13, 2023 4 mins read

Tencent Cloud Launches Blockchain RPC with Ankr for Web3

Tencent Cloud, the global tech giant’s cloud arm, has made a significant stride into the Web3 space with the launch of Tencent Cloud Blockchain RPC. Developed in collaboration with blockchain service provider Ankr, this offering is set to redefine Web3 infrastructure and support Web3 developers in their quest for reliability

September 13, 2023 2 mins read

CoinEx to Reopen Deposits and Withdrawals Following $70M Hack

BREAKING: Crypto Exchange CoinEx Hacked, $54M in BTC, ETH, XRP, MATIC & Other Cryptos Lost?

CoinEx, a prominent cryptocurrency exchange, found itself in the spotlight on September 12 amidst suspicions of a security breach that potentially cost them close to a staggering $53.9 million. The incident sent shockwaves through the crypto community, as large withdrawals to an unfamiliar address raised red flags. On Tuesday, at

September 13, 2023 2 mins read

TON Joins NFTScan’s Growing Portfolio

NFTScan, a multi-chain NFT data infrastructure service provider, launched TON NFTScan, an all-inclusive NFT explorer within the TON (The Open Network) ecosystem on September 12. Welcome to the #TON Ecosystem @nftscan_com! 💎 https://t.co/aMRwug7odi — TON 💎 (@ton_blockchain) September 12, 2023 This announcement marks a milestone for NFTScan as they expand

September 12, 2023 1 min read

Orderly Network Revolutionizes DEX Development: Unveils Omnichain Perpetual Futures Orderbook for Developers

Announcing:Orderly Omnichain – The realization of the first step in our vision: a high-speed shared liquidity CLOB trading infrastructure, with liquidity deployed across all leading chains. Now, Perp traders from all major chains will settle orders in one unified order book. You’ll be trading seamlessly with users on different blockchains

September 12, 2023 10 mins read

PayPal Launches Interest Rewards Program for PYUSD Stablecoin Holders

PayPal Expands Further Into Web3 With On and Off Ramps Payments

According to a recent press release, PayPal has expanded its presence in the Web3 sphere with the addition of PayPal On and Off Ramps integration. The most recent change is geared toward making digital wallets, decentralized dApps, and NFT marketplaces more readily available in the U.S to facilitate the buying

September 12, 2023 2 mins read