Tim Paymans, VP of Product at IOV Labs, made a number of significant announcements at this year’s Consensus event that promote the expansion of the Rootstock ecosystem and update the open-source Rootstock Infrastructure Framework (RIF) with a more focused approach. Two significant RIF developments were disclosed during the discussion: Five
On Wednesday, a global investment managing organization, Franklin Templeton announced the ‘Fund’ is supported on the Polygon blockchain. The ‘Fund’ refers to the Franklin OnChain U.S. Government Money Fund (FOBXX) which uses public blockchain for processing transactions and recording share ownership respectively. .@FTI_US is now #onPolygon 🏦 Franklin OnChain U.S.
Layer One X, a leading blockchain startup, announced today its mission to address the current limitations of blockchain systems. The current vulnerabilities of web3 are largely due to the fact that blockchains are not built to collaborate. Current solutions like bridges make the infrastructure fragile and vulnerable to attack. Different
Solana Labs, the creators of Solana, enables the integration of OpenAI’s ChatGPT chatbot with the Ethereum scaling network through an open-source plugin. Chiefly, this launch lets users pull in Solana-focused data “directly from ChatGPT,” as per the announcement. The company released the plugin’s source code on GitHub on Monday, welcoming
Aptos, the layer-1 blockchain, announced its collaboration with Google Cloud for Google’s web3 start-up program. This collaboration is intended to provide startups with the support and resources that they need to develop infrastructure, bridge platforms, and foster the future of web3. 1/ Exciting news! Aptos and @gcloudpartners are back at
The public testnet for Venom, a Layer-1 blockchain that runs off of the Abu Dhabi Global Market (ADGM), went live today. The achievement is a huge step forward in Venom’s roadmap as it gets ready to go live on the mainnet. As part of its expanding ecosystem, Venom has also
Chainlink, the standard Web3 services platform, and GMX, the biggest decentralized perpetual exchange running on Arbitrum and Avalanche, have now announced that the GMX community has elected to incorporate Chainlink’s innovative low-latency oracles for financial market data. Moreover, launch partner GMX will be incorporating the new solution’s low-latency oracles into
Earlier this week, an anonymous bot operator using a Maximal Extractable Value (MEV) strategy reportedly made over $1 million using what is known as a sandwich attack, essentially a tool by which an operator takes over a mempool to validate transactions and seek arbitrage on giant pools of transactions. The
Korea Blockchain Week (KBW), one of the leading blockchain and Web3 events in Asia, will return for 2023 following the immense success of the 2022 edition, which was the first in-person iteration since the Covid pandemic. KBW2023 is founded by Factblock, a Web3 ecosystem accelerator, and co-hosted by Hashed, the
The advent of Polygon’s proof-of-stake (PoS) blockchain has brought about a revolution in the world of cryptocurrency. With its lightning-fast transaction speeds and low fees, Polygon has gained widespread adoption, leading to a staggering 240 million unique addresses on its blockchain. This remarkable achievement speaks volumes about the growing popularity
