Browsing:Blockchain News

Solana Unveils Incubator Initiative to Drive Growth in the Startup Ecosystem
4 months ago 1 min read

Solana Launches Incubator Program to Boost Startup Growth

Solana (SOL) Labs has launched its Incubator program, an initiative designed to support and nurture startups building on the Solana network. This program provides early-stage companies with a range of resources and guidance, including engineering support, go-to-market strategies, fundraising advice, and access to Solana’s ecosystem. The Solana Incubator program is primarily focused on technical teams aiming to leverage the Solana network while benefiting from the resources and connections offered by Solana Labs. By collaborating closely with Solana Labs, startups can address common challenges in the Web3 space, such as engineering complexities and go-to-market strategies, ultimately helping them establish successful businesses.

Lightning Network Faces Critique Over Alleged Security Weakness
4 months ago 1 min read

Lightning Network Faces Security Concerns as Developer Identifies Possible Issue

A significant vulnerability within the Bitcoin Lightning Network, a technology designed to speed up Bitcoin transactions, was recently identified by Bitcoin developer Antoine Riard. This flaw, known as “replacement cycling attacks,” could potentially compromise the security of funds moving through the Lightning Network. The vulnerability could theoretically enable sophisticated attackers to carry out a “transaction-relay jamming attack” that targets a critical component of the Lightning Network called Hash Time Locked Contracts (HTLC). The goal of such an attack would be to disrupt the regular flow of transactions, causing delays or preventing them from being processed as expected. This could lead

LBRY Inc. Announces Closure After Losing Legal Battle with SEC
4 months ago 1 min read

This blockchain company shuts Down after losing legal battle with the US SEC

LBRY Inc., a blockchain publishing platform, has revealed that it is shutting down its operations. Overwhelming debts owed to the U.S. Securities and Exchange Commission (SEC), its legal team, and private creditors. The statement from LBRY Inc. is clear and direct: “LBRY Inc. must die, there is no escaping this.” The company has faced a judgment against it by the federal government and carries debts amounting to several million dollars, leaving them with no other option but to cease their activities. While the company is shutting down, the LBRY blockchain itself will continue to exist. This blockchain, which hosts over

Uniswap Adopts Swap Fees to Drive Expansion
4 months ago 1 min read

Uniswap Launches Swap Fees to Support Expansion

Uniswap, the decentralized crypto exchange (DEX), has made a significant announcement. Starting tomorrow, the platform will introduce trading fees on specific tokens, set at 0.15% per trade. This marks a shift from Uniswap’s historically feeless approach. Uniswap Labs CEO Hayden Adams took to Twitter to share this update, emphasizing that these fees are a strategic step to support the sustainable development of the company. Uniswap Labs is the creator of the widely-used decentralized exchange protocol Uniswap, which, until now, has been known for its fee-free nature. It’s important to note that these introduced fees will be applicable only to trades

SunMoney Solar Group distinguishes itself through its innovative business model that intertwines the renewable energy sector with blockchain.
5 months ago 7 mins read

Optimisus – Interview – SunMoney Solar Group

SunMoney Solar Group, a pioneering force in the renewable energy sector with blockchain technology, made waves at this year’s Blockchain Economy Summit Dubai. The event provided invaluable insights and opportunities for the company, and we had the privilege of interviewing Peter Bahorecz, Chief Networking Officer at SunMoney Solar Group. Bahorecz shared exciting developments about their Community Solar Power Plant Program, which has already brought together over 50,000 members spanning 60 countries. 1: Can you elaborate on how the SDBN tokens, backed by solar power production capacity, contribute to the uniqueness of SunMoney Solar Group’s business model? SunMoney Solar Group distinguishes

Arkham Intelligence has recently announced its support for Flare
5 months ago 1 min read

Arkham Intelligence Expands by Adding Support for Flare Blockchain

Arkham Intelligence has recently announced its support for Flare, a blockchain designed to offer developers efficient and cost-effective access to various distributed data sources. This collaboration opens up opportunities for Flare users to leverage Arkham’s tools and platforms for enhanced insights into network data and on-chain analytics. Flare’s CEO, Hugo Philion, highlighted the importance of providing network builders and participants with robust analytics tools to make data-driven decisions, emphasizing that Flare is optimized for decentralized data acquisition. Arkham Intelligence plays a crucial role in enhancing transparency within the cryptocurrency industry by using its AI engine, ULTRA, to link crypto addresses

Shanghai has released a plan outlining its blockchain development goals up to 2025 as part of its continued efforts to embrace web3
5 months ago 2 mins read

Shanghai Reveals Blockchain Initiatives for Trade, Metaverse, and Efficient Government Operations

Shanghai has released a plan outlining its blockchain development goals up to 2025 as part of its continued efforts to embrace web3 technologies. Under this plan, Shanghai aims to achieve significant advancements in various aspects of blockchain technology. These include enhancing blockchain system security, developing cryptographic algorithms, creating specialized processors for blockchain, improving smart contracts, advancing cross-chain capabilities, upgrading storage solutions, enhancing privacy computing, and strengthening regulatory frameworks, according to a statement from the Shanghai municipal government. These technological advancements are expected to support the construction of a municipal blockchain basic service platform and foster growth in critical sectors such

Google Cloud's BigQuery data analytics service has expanded its support to include 11 additional blockchains
5 months ago 1 min read

Google Cloud Expands BigQuery with 11 New Blockchains for Data Analytics

Google Cloud’s BigQuery data analytics service has expanded its support to include 11 additional blockchains. These newly integrated blockchains are Avalanche, Arbitrum, Cronos, Fantom, Near, Optimism, Polkadot, Polygon, and Tron, as well as the test networks Polygon Mumbai and Ethereum Goerli. With this expansion, Google Cloud users can now perform more intricate on-chain queries, such as analyzing the number of NFTs created or comparing transaction fees across these various blockchain networks. The integration also extends to end-user applications like Looker and Google Sheets. BigQuery, a managed data warehouse service provided by Google Cloud, empowers users to execute SQL-like queries on

The overarching goal of Polygon 2.0 is nothing short of revolutionary
6 months 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
6 months 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
7 months 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.
7 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