Browsing:Blockchain News

Decentralized blockchain Ankr has announced the launch of its blockchain creator tool, known as AppChains
13 mins ago 1 min read

Ankr and Microsoft Extend Partnership with Debut of Blockchain Creator Tool

Decentralized blockchain infrastructure provider Ankr has announced the launch of its enterprise blockchain creator tool, known as “AppChains,” on Microsoft’s Azure Marketplace. The tool enables companies to quickly deploy customizable blockchains to support various Web3 strategies. Initially, developers can utilize the Polygon Supernet, with more options to be added in the future. The release of AppChains on the Azure Marketplace comes in response to strong demand from institutional clients seeking to leverage blockchain technology in areas like banking, central bank digital currencies, and gaming AppChains, Ankr’s blockchain creator tool, has been in use for a year, primarily for launching application-specific

USDC Stablecoin Integrated with Arbitrum
6 hours ago 1 min read

USDC Launches on Arbitrum, Expanding the Reach of the Stablecoin

Circle, the company behind USDC, has brought its native stablecoin to Arbitrum, Ethereum’s leading layer 2 scaling solution. This development makes Arbitrum the ninth blockchain to support USDC, according to an official announcement from Circle. The integration of USDC on Arbitrum allows businesses leveraging Circle to conveniently swap USDC tokens across supported chains, eliminating the expenses and time delays often associated with bridging transactions. This functionality opens up new possibilities for seamless and efficient token transfers. In light of a recent bug in Arbitrum’s Sequencer software that temporarily halted on-chain transaction verification, Circle’s introduction of USDC on the Arbitrum network

6 hours ago 1 min read

Arbitrum Expands Reach to Norway with NOK Token Integration

Arbitrum, a leading Layer 2 scaling solution for Ethereum, has announced the integration of Norway’s digital currency, NOK. The integration will allow users to transact in NOK on Arbitrum, and it is the first time that a national currency has been integrated with a Layer 2 scaling solution. The integration was made possible by Symfoni Solutions, a company that specializes in building bridges between government services and decentralized finance (DeFi) applications. Symfoni developed a bridge that connects the Norwegian central bank’s digital currency platform with Arbitrum. The integration of NOK on Arbitrum is a significant development for the DeFi ecosystem.

The bridge allows users to transfer their Tron (TRX) tokens from the TRON blockchain to the Ethereum blockchain.
7 days ago 1 min read

TRON (TRX) Expands to Ethereum with BitTorrent Bridge

TRON (TRX), the native token of the TRON blockchain, has expanded to Ethereum via the BitTorrent Bridge. The bridge allows users to transfer their TRX tokens from the TRON blockchain to the Ethereum blockchain. This will allow TRX users to access Ethereum decentralized applications (Dapps) and decentralized finance (DeFi) platforms. The BitTorrent Bridge is a decentralized bridge that uses smart contracts to facilitate the transfer of tokens between the TRON and Ethereum blockchains. The bridge is open-source and anyone can participate in its development. The launch of the BitTorrent Bridge is a major milestone for TRON. It will allow TRX

Circle (USDC) has announced that it will natively deploy USDC on Arbitrum
7 days ago 2 mins read

Circle’s USDC Stablecoin to Launch on Arbitrum

Circle, the issuer of the second-largest stablecoin USDC, has announced that it will natively deploy USDC on Arbitrum, the largest Ethereum Layer-2 scaling project. The move is a major step for USDC, as it will make the stablecoin more accessible to users who are looking to avoid the high gas fees associated with Ethereum. Arbitrum is a popular Layer-2 scaling solution that uses optimistic rollups to achieve scalability. Optimistic rollups allow for faster and cheaper transactions on Ethereum by batching transactions off-chain and then submitting them to the Ethereum mainnet for verification. The deployment of USDC on Arbitrum will make

Polygon (MATIC) has announced partnership with Deutsche Telekom
1 week ago 1 min read

Polygon Partners With Deutsche Telekom To Boost Blockchain Adoption

Polygon, a leading Ethereum scaling solution, has announced that Deutsche Telekom, Europe’s largest telecommunications provider, will join its PoS Chain as a validator. The partnership will see Deutsche Telekom provide staking and validation services for Polygon’s PoS Chain, as well as for its Supernets platform. Supernets allow enterprises and applications to launch application-specific blockchains on Layer 3 while retaining the security guarantees of Ethereum. The addition of Deutsche Telekom to Polygon’s validator network is a major coup for the project. Deutsche Telekom is a well-respected company with a deep understanding of the telecommunications industry. Its participation in the Polygon network

The Fantom blockchain is now rewarding projects that utilize its network and contribute toward high usage of gas fees.
1 week ago 1 min read

Fantom to Refund 15% of Gas Fees to Eligible DApps Projects

The Fantom blockchain is now rewarding projects that utilize its network and contribute toward high usage of gas fees. The program called the dApp Gas Monetization Program, was approved by the Fantom community earlier this year and went live on Sunday. Under the program, eligible applications will be rewarded 15% of the gas fees they produce. This will provide developers with marginal extra income and help to drive demand for block space on the Fantom network. Gas refers to a type of fee paid by blockchain users in the native token of that blockchain, such as Fantom (FTM) in this

A group of developers working on the Terra Classic blockchain
2 weeks ago 1 min read

Terra Classic Developers Push Back V2.1.0 Upgrade

The L1 Joint Task Force (L1JTF), a group of developers working on the Terra Classic blockchain, has announced that the v2.1.0 upgrade will be delayed from May 31 to June 14. The delay is due to the need for additional testing. The v2.1.0 upgrade is a major update that will introduce a number of new features to Terra Classic, including: The L1JTF team has been working hard on the v2.1.0 upgrade and is confident that it will be a major improvement for Terra Classic. However, the team also wants to make sure that the upgrade is thoroughly tested before it

Mastercard's Chief Executive
2 weeks ago 1 min read

Mastercard’s Chief Executive Sees Blockchain as Key to Financial Services Future

Payment giant Mastercard believes that crypto and blockchain technologies have the potential to revolutionize the financial services industry. However, the company says that these technologies need to address security and ease of use issues in order to build trust with consumers and businesses. In a recent speech, Mastercard’s EVP of crypto and blockchain, Raj Dhamodharan, said that the company is “very bullish” on the potential of crypto and blockchain. He noted that these technologies have the potential to make payments faster, cheaper, and more secure. However, Dhamodharan also acknowledged that there are challenges that need to be addressed before crypto

STEPN has integrated with Apple Pay.
2 weeks ago 1 min read

STEPN Integrates with Apple Pay to Expand Global Reach

STEPN, a blockchain gaming platform that rewards users with tokens for walking or running, has integrated with Apple Pay. This integration makes it easier for users to purchase STEPN’s NFT sneakers, which are required to participate in the game. To purchase an NFT sneaker using Apple Pay, users simply need to open the STEPN app and select the “Buy Sneaker” option. They will then be prompted to enter their Apple Pay information. Once their payment has been processed, they will be able to start earning tokens by walking or running. The integration with Apple Pay is a major step forward

Mantle Network
3 weeks ago 1 min read

Mantle Network merges with its backer BitDAO

Mantle Network, an Ethereum Layer 2 solution, has merged with its backer BitDAO. The merger was approved by BitDAO community members through a governance proposal titled BIP-21. The merger will combine BitDAO’s governance framework and treasury with Mantle Network’s technical prowess. This will create a unified ecosystem with the goal of refining branding, tokenomics, and creating a unified product focus. As part of the merger, BitDAO’s governance token will be rebranded to Mantle, represented by the ticker symbol MNT. Mantle Network developers will also inherit almost $300 million in stablecoin reserves and over 270,000 ETH ($485 million) from BitDAO. This

Lido the largest liquid staking protocol
3 weeks ago 1 min read

Lido V2 Enables Ethereum Withdrawals

Lido, the largest liquid staking protocol, has launched V2 and released staked Ethereum (stETH) withdrawals. This is a major development for Lido and the Ethereum ecosystem as a whole. With Lido V2, users can now withdraw their stETH tokens and receive the equivalent amount of ETH. This was not possible before, as stETH tokens were locked up until the Ethereum 2.0 merge. The ability to withdraw stETH tokens is a major advantage for Lido users. It gives them more flexibility and control over their assets. Users can now use their stETH tokens to trade, lend, or participate in other DeFi