Category: Chain

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ZetaChain raises $27M in equity round to enable chain-agnostic interoperability

Participants in the round include Blockchain.com, Sky9 Capital, Jane Street Capital, VistaLabs, Human Capital, Vy Capital, CMT Digital and other investors. Layer-1 network ZetaChain has secured $27 million to support its chain-agnostic platform, according to an announcement on Aug. 16. Participants in the round include Blockchain.com, Human Capital, Vy Capital, Sky9 Capital, Jane Street Capital,…
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Jump Crypto unveils critical vulnerability on Binance’s BNB Chain

The security flaw would allow the mint of an unlimited amount of arbitrary tokens. The issue was privately disclosed to the BNB team. Web3 infrastructure firm Jump Crypto has discovered a vulnerability in the Binance BNB Beacon Chain, which would allow the mint of an unlimited amount of arbitrary tokens. The issue was privately disclosed…
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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.…
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Polkadot incentivizes its community to fight scams through an “anti-scam bounty”

Polkadot said it rewards community members in a consistent manner with bounties paid in USDC. Polkadot, a protocol that connects blockchains, has announced its latest initiative to help its ecosystem fight scams.  According to the company, relying on security-minded individuals within its community to fight scams has proven to be an effective method of safeguarding…
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Casper Association launches $25M grant to support developers on its blockchain

To complement the launch of its grant program, Casper said it will provide education to support developers and innovators on its network. Scalable blockchain network Casper announced the launch of its new Casper Accelerate Grant Program on Nov. 23, created to support developers and innovators who are building apps to support infrastructure, end-user applications, and research…
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Crypto Twitter reacts to Binance CEO’s deleted tweet about Coinbase’s Bitcoin Holdings

Coinbase CEO Brian Armstrong indirectly addressed CZ’s tweets as “FUD.” Coinbase was trending on Twitter on Nov. 22 after Binance CEO Changpeng Zhao, known also as CZ, sent out a tweet that appeared to question Coinbase’s Bitcoin holdings. In the since deleted tweet, CZ referenced a yahoo finance article that alleged that “Coinbase Custody holds…
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Steph Curry files trademark for the ‘Curryverse’ where players earn NFTs

NBA superstar Steph Curry filed a trademark application for the “Curryverse” metaverse on Oct. 26. National Basketball League (NBA) megastar Steph Curry looks set to introduce his own version of the Metaverse to NBA’s 650 million fans — filing a “Curryverse” trademark application on Oct. 26.  If approved, the United States-based trademark application, filed by SC30…
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Blockchain interoperability goes beyond moving data from point A to B — Axelar CEO Sergey Gorbunov

Axelar’s co-founder shared his views on blockchain infrastructure and adoption at Converge22 in San Francisco. Cross-chain communication between blockchains is more than just moving data from point A to B, but how it can connect applications and users for enhanced experiences and fewer gas fees in Web3, outlined Sergey Gorbunov, Axelar Network co-founder and CEO,…
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Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined

A new report suggests the Ethereum staking ecosystem could become a formidable industry impacting a wider crypto economy. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Chainalysis chief scientist shared his views on the Tornado Cash saga…
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Web3 Firm Chain Reveals Multi-Year Partnership With the New England Patriots

The Web3 software solutions company Chain announced the company has partnered with Kraft Sports + Entertainment, the owners and operators of the New England Patriots, New England Revolution, Gillette Stadium, and Patriot Place. Chain details that the multi-year deal will allow the company to serve as the company’s “official blockchain and Web3 sponsor.” Chain Inks…
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