Category: Developers

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StarkNet makes Cairo 1.0 open source in first step toward community control

StarkNet has prioritized scalability over composability and transparency. But it’s now working on making its tech open source. 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 —…
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THORChain network resumes following 20-hour chain halt

The network was halted on Oct. 27 after the team said a bug had caused “non-determinism between individual nodes.” Cross-chain exchange and proof-of-bond network THORChain announced it was once again “fully operational” after an outage of more than 20 hours In an Oct. 28 tweet, the THORChain team said the network was “back online and…
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Celo ecosystem projects raise $77.3M in support of interoperability, ReFi

The Celo blockchain supports mobile-first DeFi payment infrastructure. Several companies building on the platform have received venture funding. Projects building on the Celo blockchain have collectively raised $77.3 million in support of various business initiatives, underscoring the growing adoption of the payments-focused developer network.  Celo announced on Oct. 27 that projects impactMarket, Loam, Tatum, Circular…
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ConsenSys commits $2.4M annually to launch MetaMask Grants DAO

The employee-led DAO will take charge of issuing grants to external developers building within the MetaMask ecosystem. Blockchain technology firm ConsenSys will spend $2.4 million annually to fund its newly launched MetaMask Grants DAO aimed at driving further development of the Web3 ecosystem. The fund will be led by MetaMask employees who will manage the…
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A16z leads $40M raise for decentralized knowledge protocol

Golden, which has now raised roughly $60 million in cumulative funding, also welcomed a16z general partner Ali Yahya to its board. Decentralized knowledge protocol Golden has closed a $40 million funding round led by venture firm Andreessen Horowitz, or a16z, with additional participation from Protocol Labs, OpenSea Ventures and the founders of Solana, Dropbox, Postmates…
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Solana tech developer Coral raises $20M, plans to launch ‘xNFT’ protocol

Coral is the creator of the Anchor development framework, which provides boilerplate smart contract tools and other resources for Solana devs. Solana ecosystem developer Coral has closed a $20 million investment round backed by some of crypto’s biggest venture funds, setting the stage for the launch of its new interactive wallet later this month.  The…
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GitHub unbans Tornado Cash repositories following OFAC guidance

Ethereum developer Preston Van Loon encouraged GitHub to fully restore Tornado Cash’s repositories after partial unbanning. Crypto mixer Tornado Cash has returned to the software development platform GitHub after several weeks of being banned on the website. Ethereum developer Preston Van Loon took to Twitter on Thursday to report that GitHub has partly unbanned the…
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Linux to launch Foundation to support digital wallet development

The foundation apparently does not intend to create its own digital wallet, however. Its’ goal is to make it easier for companies to create wallets for themselves. The Linux Foundation, a global nonprofit organization that enables innovation within the blockchain ecosystem through access to open source technology, has announced plans to launch the OpenWallet Foundation…
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Collapse of Terra blockchain ecosystem forces talent migration

Projects migrating from Terra to other ecosystems have made an example of how to adapt and regenerate after a catastrophic blockchain collapse. At the height of the 2022 bull market, the Terra ecosystem was booming with talent and innovation. The native token of the Terra blockchain had made its way to the top-10 cryptocurrencies by…
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Ethereum ready for The Merge as last shadow fork completes successfully

The successful completion of the last shadow fork signaled the readiness of the Ethereum network for migrating to a proof-of-stake consensus mechanism. 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…
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