Browsing:Blockchain News

The overarching goal of Polygon 2.0 is nothing short of revolutionary
7 days ago 2 mins read

Polygon 2.0: MATIC Token Set for Upgrade to POL

Polygon Labs development team officially kicks off the much-anticipated Polygon 2.0 implementation. This major step forward was heralded by a recent tweet from the team, revealing the launch of three Polygon Improvement Proposals (PIPs) and offering a glimpse into Phase 0 of this ambitious upgrade. In their tweet, Polygon Labs was quick to remind us that the roadmap for Polygon 2.0 was unveiled back in July. The overarching goal of Polygon 2.0 is nothing short of revolutionary—it aims to create the “Value Layer of the Internet” within the Ethereum block space. The team envisions this feature as the key to

JPMorgan Chase & Co
2 weeks ago 1 min read

JPMorgan Explores Blockchain-Powered Deposit Token for Faster International Payments

JPMorgan Chase & Co., the largest bank in the United States, is reportedly contemplating the launch of a novel digital currency. This digital currency aims to expedite cross-border financial transactions. While the project is still in its early stages, insiders with knowledge of the matter, who chose to remain anonymous, revealed that JPMorgan is exploring the concept of a blockchain-based deposit token. This token would serve as a transferable digital currency, representing a deposit claim against the bank. It’s worth noting that JPMorgan has already laid much of the groundwork required to implement this innovative payment system. However, the bank

Shibarium Mainnet Release
1 month ago 1 min read

Shiba Inu Team Teases Highly Anticipated Shibarium Mainnet Release

The Shiba Inu community is abuzz with anticipation as the team drops hints about the imminent launch of the Shibarium mainnet. All eyes are on the upcoming Blockchain Futurist Conference and ETH hackathon in Canada, where the grand debut is expected to take place. As the cryptocurrency market experiences a sideways movement following the U.S. SEC’s spot Bitcoin ETF delay announcement, the SHIB price has been bucking the trend with a noticeable upward trajectory. With the Blockchain Futurist Conference on the horizon, the Shiba Inu team has been subtly alluding to the unveiling of the Shibarium mainnet. The official SHIB

Project Catalyst has taken a step by introducing a solution to reshape its capabilities and performance of Cardano.
2 months ago 2 mins read

Project Catalyst Unveils Innovative Testnet Rollout to Fuel Cardano Ecosystem Evolution

Project Catalyst, renowned globally as a pioneering decentralized grant fund and a driving force behind the Cardano ecosystem’s innovation, has taken a monumental step by introducing a groundbreaking solution to reshape its capabilities and performance. With a focus on bolstering stability and creating an optimal environment for collaboration and exploration, the fund is set to operate multiple testnet instances alongside its mainnet, ushering in a new era of development. As Project Catalyst charts its course towards evolution, it does so in tandem with Cardano’s governance era of Voltaire. This strategic move is designed to ensure the sustained growth of the

Larry Fink Unveils Striking Interest in Bitcoin and Ethereum from Gold Investors
2 months ago 2 mins read

BlackRock CEO Larry Fink Confirms Increasing Interest in Bitcoin and Ethereum Among Gold Investors

BlackRock’s CEO Larry Fink recently shared his optimism about the increasing demand for cryptocurrencies like Bitcoin among gold investors. During an interview on CNBC, Fink highlighted the interest of gold investors in exploring the role of crypto, noting the potential for exchange-traded funds (ETFs) to democratize access to both gold and digital currencies. Fink revealed that over the past five years, there has been a growing number of gold investors inquiring about cryptocurrencies. The recent depreciation of the dollar and the appreciation of digital assets like Bitcoin have sparked interest in international crypto products that can transcend traditional currency limitations.

Mastercard to Launch Blockchain App Store for Secure and Regulated Finance Apps
3 months ago 1 min read

Mastercard Develops Ethereum-Based App Store for Regulated Financial Apps

Mastercard, the global payments giant, is set to venture further into the world of cryptocurrencies and blockchain technology with the launch of its “Multi Token Network” (MTN). The MTN will serve as an app store powered by blockchain technologies, providing a platform for building regulated financial applications. With this move, Mastercard aims to support the wider digital asset industry and promote confidence in its future. Through the MTN, developers will gain access to a range of tools that Mastercard has been developing. Among these tools is a private version of the Ethereum blockchain, which the company encourages developers to utilize

Web3 gaming company Mythical Games has successfully raised $37 million in a Series C1 funding round
3 months ago 1 min read

Mythical Games Secures $37 Million in Series C1 Funding to Fuel Web3 Gaming Innovation

Web3 gaming company Mythical Games has successfully raised $37 million in a Series C1 funding round, led by Scytale Digital, a digital asset manager. The funding round attracted prominent investors such as ARK Invest, Animoca Brands, PROOF, Stanford Athletics, and MoonPay. Existing investors including Andreessen Horowitz, WestCap, Gaingels, Signum Growth, and Struck Capital also participated in the round. According to CEO John Linden, the terms of the funding round resembled a Series C round that took place in 2021. Linden explained that the company decided not to pursue a full Series D round at this stage. The primary objectives for

Terra Luna Classic's L1 Task Force Proposes Community-Owned Wallet with L2 Team
3 months ago 1 min read

Terra Luna Classic’s Joint L1 Task Force Proposes Community-Owned Wallet with L2 Team Integration

The Terra Luna Classic core developer group, Joint L1 Task Force (L1TF), has recently submitted a proposal on Commonwealth, outlining their plan to build a community-owned wallet. Currently, Terra Classic utilizes L2 wallet dApp providers like TFL (Station), Keplr, and Trust Wallet, among others. However, none of these providers are owned by the community, as they are forked versions of Station Wallet owned by individual groups. According to the proposal, the L1TF intends to develop a web version of Station, as well as mobile apps for iOS and Android. Additionally, a Chrome browser extension will be created. These efforts aim

Polygon Labs Proposes Major Upgrade to Polygon PoS Network: Introducing ZK-secured Decentralized L2
3 months ago 2 mins read

Polygon Labs Unveils ‘zkEVM Validium’ Layer 2 Upgrade

Polygon Labs, the team behind the widely-used Polygon PoS chain, has recently unveiled a groundbreaking proposal for a significant upgrade to the network. This upgrade aims to introduce a revolutionary decentralized Layer 2 (L2) solution, fortified by zero-knowledge (ZK) proofs, which will enhance the security, performance, and overall functionality of the Polygon ecosystem. Referred to as Polygon 2.0, this upgrade holds immense promise for the future of blockchain technology. What Sets This Upgrade Apart What sets this upgrade apart is its pioneering nature. It will mark the first time an existing chain of this magnitude and significance has implemented ZK

The latest Cardano Node version
3 months ago 2 mins read

Cardano’s Mainnet Gets an Upgrade: Introducing the Latest Node Version

Cardano, one of the leading blockchain platforms, is urging stake pool operators (SPOs) to upgrade to the latest Node version, 8.1.1. This recent release aims to enhance operations on the platform by distributing computations throughout the entire epoch, instead of focusing solely on the epoch boundary. The primary goal is to create smoother transitions between epochs, resulting in a more seamless experience for Cardano users. The update also addresses issues related to peer-to-peer connections (P2P) and the domain name system (DNS), further optimizing Cardano’s mainnet efficiency. The latest Cardano Node version, 8.1.1, introduces significant enhancements that contribute to the platform’s

Blockchain security firm CertiK has received a $500000 bounty from Sui network
3 months ago 1 min read

CertiK Discovers Security Threat in Sui Blockchain, Receives $500K Bounty

Blockchain security company CertiK has been rewarded with a bounty of $500,000 by the Sui network for identifying a critical threat that could have disrupted the integrity of the entire layer-1 blockchain. Known as the “HamsterWheel” vulnerability, this attack differed from traditional methods and posed a serious risk to the network’s operations. In response to CertiK’s discovery, Sui promptly implemented necessary fixes to safeguard against potential damages. The bounty award underscores the importance of bug bounty programs in maintaining blockchain security. According to Kang Li, Chief Security Officer at CertiK, the HamsterWheel attack represents the evolving sophistication of threats faced

BNB Chain has introduced the opBNB testnet on Optimism's OP Stack
3 months ago 1 min read

BNB Chain Introduces Layer 2 Testnet Built on Optimism’s OP Stack

BNB Chain, a leading decentralized ecosystem for the creation of decentralized applications (dApps), has introduced the opBNB testnet. The testnet is built on Optimism’s OP Stack, a layer-2 scaling solution for Ethereum, and is designed to address network congestion and high fees on BNB Chain. The opBNB testnet is expected to achieve speeds of 4,000 transactions per second (tps) at a cost of 0.005 U.S. cents per transaction. This is significantly faster and cheaper than BNB Chain’s mainnet, which currently averages around 1,500 tps and costs around $0.05 per transaction. The opBNB testnet is a significant development for BNB Chain,

About us

Optimisus is a Dubai-based Web3 media company. We cover the latest crypto, NFT, metaverse, blockchain, and Fintech news influencing the crypto industry.

Email: media@optimisus.com

Get Instant Notifications

Join over million readers and get the latest posts delivered straight to your inbox.

© copyright 2023 all rights reserved | Optimisus