Blockchain

Ethereum co-founder Vitalik Buterin’s essay explores Ethereum Layer 2 scaling techniques for the smart contract blockchain ecosystem. Co-founder Vitalik Buterin foresees increased complexity in the layer-2 Ethereum ecosystem due to various tech advances. In an update on his blog, the co-founder of the smart contract blockchain opened up about the existing Ethereum scalability landscape where […]

Neon Machine, the Seattle-based Web3 gaming developer, raised $20 million in Series A funding to accelerate the launch of its blockchain-integrated shooter game, “Shrapnel.” Polychain Capital leads this round and includes funding from Griffin Gaming Partners, IOSG Ventures, Franklin Templeton, Brevan Howard Digital, and Tess Ventures. Neon Machine is promoting Shrapnel as a AAA game […]

The dYdX crypto exchange has recently made­ a significant announcement. In an Oct. 23 blog post, they revealed that they have­ published the open-source­ code for their upcoming Cosmos-based ne­twork, which shares the same name­ as the exchange itse­lf. This marks a significant milestone for dYdX and showcases the­ir commitment to innovation and transparency in […]

Eyeball-scanning crypto project Worldcoin, co-founded by Sam Altman, the CEO of OpenAI, announced on Oct. 22 that the Orb Operators, individuals responsible for iris scanning, would receive rewards in its native Worldcoin (WLD) token, instead of USD Coin (USDC). The transition, scheduled to take effect in November, comes amid increased scrutiny from various authorities regarding […]

Ava Labs, the main developer of the Avalanche blockchain, intends to collaborate with Indian institutions and government agencies to expand its operations and help build applications on Avalanche (AVA). As a part of its expansion plans, the company has hired Devika Mittal of OKX and Kamakshi Arjun of Polygon as head of India and business […]

JPMorgan, a prominent U.S. banking giant, recently introduced its blockchain-based toke­nization application called the Tokenize­d Collateral Network (TCN), as reporte­d by Bloomberg on October 11. The Tokenized Collateral Network enables the conversion of traditional assets into digital assets. It also makes way for faster and more secure on-chain settlements. Notably, TCN completed its first trade […]

Ethereum Foundation loses $9,101 to MEV Bot in Uniswap V3 transaction, while bot gains $4,060. This se­tback dealt a significant blow to Ethereum, the­ second-largest blockchain network. This data highlights an increasing problem of sandwich attacks in the crypto sphere. Over the past 30 days on the Ethe­reum chain alone, a staggering $1.3 million has […]

The Uniswap Foundation aims to secure an additional $62 million in funding. They plan to allocate $15 million annually towards community grants supporting decentralized finance (DeFi) projects. The second tranche of funding is subject to an on-chain vote scheduled for October 4. This funding will bolster the development efforts of Uniswap, the leading decentralized exchange […]

A press release published on Sept. 20 revealed that Wormhole, a prominent blockchain bridge platform, has incorporated Circle’s Cross-Chain Transfer Protocol (CCTP). This groundbreaking development will allow seamless transfers of USD Coin (USDC) across multiple blockchains, including Avalanche, Arbitrum, Ethereum, and Optimism.  This feature is currently available for end-users via the Portal bridge. While developers […]