Temporary Transaction Finality Glitch Disrupts Ethereum Network for 25 Minutes, Developers Investigate the Cause
THORChain mainnet halted amid new vulnerability reports THORChain has once again halted its network, taking action as a precautionary measure while verifying reports on a potential network vulnerability. News Own this piece of history Collect this article as an NFT Cross-chain liquidity protocol THORChain has paused its network due to new claims of a potential network vulnerability. THORChain took to Twitter on […]
Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting for 19.08% of the $49.66 billion locked in defi today. While […]
Aave Launches Stablecoin GHO on Ethereum Goerli Testnet with Open Source Codebase and Audits Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on Github and has undergone audits by Open Zeppelin, Sigmaprime and ABDK. Aave Invites Programmers to Test GHO Before Mainnet Deployment On Thursday, Aave Companies […]
The state of Solana: will the layer-1 protocol rise again in 2023? About two months after the FTX collapse, the Solana network is stronger than ever, according to Austin Federa, the head of strategy and communications at the Solana Foundation. Federa defines the recent SOL token price crash as a short-term market reaction to the perceived connection between Solana and the defunct crypto exchange FTX. While FTX […]
SSV launches $50M ecosystem fund to support ETH staking tech Validator infrastructure developer ssv.network has launched a new ecosystem fund to support Ethereum proof-of-stake decentralization — a move that the company said would promote innovation around Ether (ETH) staking technologies. The ecosystem fund, valued at $50 million, will support projects building applications using distributed validator technology, or DVT, the company announced on Jan. 17. The […]
Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reorganizations The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address chain reorganizations (reorgs) in an effort to reduce time to finality.” Polygon Team Outlines Network Upgrades to Improve User Experience On Jan. […]
Sandeep Nailwal-backed Web3 accelerator launches demo day for first cohort Web3 accelerator Beacon has wrapped up its first cohort with 13 graduating companies and has provided a venue for project founders to demo their blockchain-based startups. Beacon’s first 12-week cohort, dubbed Cohort 0, kicked off in October with 15 companies across various cryptocurrency subsectors, including decentralized finance (DeFi), gaming and infrastructure. Beacon held a demo […]
Layer-1 EVM oracle platform Flare launches to boost interoperable DApps Flare, a new layer-1 Ethereum Virtual Machine blockchain platform, has gone live with the launch of two core protocols aimed at powering decentralized interoperability applications. The platform serves as an oracle network that allows developers to build applications that are aimed at being interoperable with different blockchains and internet platforms and services. Flare features two […]
BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating token supply of around 41.5 trillion and […]
StarkNet overhauls Cairo programming language to drive developer adoption Ethereum layer-2 scaling platform StarkNet has overhauled its in-house Cairo coding language to make Web3 development accessible to developers. An announcement shared with Cointelegraph outlined the upgrades to Cairo 1.0, which is touted to emulate characteristics of the popular programming language Rust. The overhaul intends to allow developers with general coding experience to begin building […]
Animoca Brands is the most funded metaverse developer in 2022: Nasdaq The crypto bear market has also been called a builder’s market by many leading figures and companies in the industry. New data from Nasdaq reveals that investors had this mindset as they continued to sink money into Web3, particularly metaverse-related projects. According to the data over the last year 216 metaverse funding deals were completed, […]
Ren protocol warns users to unwrap tokens or risk losses as upgrade looms The developers of bridging platform Ren protocol have warned users to unwrap their tokens and bridge them back to their native chains “ASAP,” or risk losing them, according to a Twitter thread from the team. 1) Important notice ⚠️ As announced previously, the Ren 1.0 network is shutting down due to the events surrounding Alameda […]
Animoca creates billion-dollar metaverse fund for developers The GameFi champion and metaverse developer Animoca Brands has a billion-dollar fund in its plans, according to a report from Nikkei Asia on Nov. 30. Animoca Brands’ co-founder Yat Siu said in an interview that the fund could potentially have up to $2 billion dollars to allot to mid to late-stage startups with a metaverse […]
StarkNet makes Cairo 1.0 open source in first step toward community control Zero-knowledge (ZK)-Rollup tech company StarkWare has officially open sourced its new programming language compiler, Cairo 1.0, which will soon be supported on Ethereum layer-2 scaling solution StarkNet in Q1 2023. The news was announced by StarkWare — the company behind StarkNet — in a Nov. 25 Twitter post. StarkWare’s rollup technology and recursive proofs offer […]
Don’t Sleep On The Next Generation Of Bitcoin Developers Watch This Episode On YouTube. Listen To The Episode Here: In this week’s episode of “Bitcoin Bottom Line” hosts C.J. Wilson and Josh Olszewicz interview Daniela Brozzoni, a young Bitcoin coder. Brozzoni has recently been working on a library for building wallets called BDK (Bitcoin Dev Kit). This library includes codes for generating addresses and […]
Ethereum ready for The Merge as last shadow fork completes successfully Ethereum (ETH) developers confirmed the successful completion of the prerequisites — shadow forks — required for the highly anticipated blockchain upgrade, The Merge. Shadow forks help developers stress test synchronization assumptions to ensure network safety during permanent upgrades. In light of The Merge, Ethereum developers implemented the first shadow fork on Apr. 11, 2022. Nearly […]
Truly decentralized Web3 needs more developers: Animoca co-founder Animoca Brands co-founder and chairman Yat Siu has urged for more developers to enter the Web3 space, warning that without “choice” there can be no “decentralized environment.” Speaking to Cointelegraph during Korean Blockchain Week (KBW) 2022, Sui stressed that more developers need to come into the space to give consumers more alternatives when it comes […]
DappRadar and LayerZero launch chain-agnostic staking token DappRadar and omnichain interoperability protocol LayerZero have launched a new token to enable cross-chain staking across multiple blockchains and Ethereum Virtual Machine (EVM)-compatible networks — a move designed to minimize fees and increase access to staking opportunities. The functionality for the newly launched RADAR token is provided through a set of smart contracts, DappRadar said. […]
Bitcoin Developers Have Technical Expertise That Users Don’t This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. Bitcoin is ultimately defined by its users, by the people actually running nodes and enforcing the protocol rules to verify the payments they receive over the network. This is a fundamental and inescapable property of the […]
An overview of the blockchain development lifecycle This process is a proven and tested method for blockchain developers in the industry. Organizing the process in this manner yields the most efficient and ideal outcomes. The blockchain application development process comprises eight steps, detailed below. The eight steps in the blockchain development lifecycle: Define the problem to be resolved with blockchain application The […]
