Blockchain News

The new VP of Engineering at Parity Technologies confirms plans to replace Polkadot’s Parachain auctions

November 27, 2023 1 min read

Pierre Aubert, the new VP of Engineering at Parity Technologies, has confirmed plans to replace Polkadot’s Parachain auctions with a new system, likely named Polkadot V2. The proposed Agile Coretime or Bulk Coretime aims to enhance the user experience and create a direct bridge to Ethereum, alongside a connection to Kusama. Over the next six months, Polkadot plans to introduce features to boost user experience and focus on developer improvements,

Shibarium Launches ‘Donate’ Feature to Encourage Validators and Strengthen Shiba Inu Community

November 20, 2023 1 min read

Shiba Inu ecosystem, Shibarium, has launched a novel feature called “Donate” to encourage community involvement and give network validators direct assistance. This major development allows users to financially support non-profit validators that are essential to preserving Shibarium’s security and efficiency, with the goal of building a more robust and inclusive ecosystem. In a statement on X, well-known Shiba Inu community member Ragnar Shib praised the update and emphasized its significance.

Cardano Unveils Developer-Friendly Tool to Boost Transparency

November 13, 2023 1 min read

The Cardano Foundation has made significant strides in improving the developer experience on the Cardano blockchain. They have introduced a new Java-based data provisioning tool designed to simplify data retrieval and indexing for developers working on Cardano applications. This innovative tool, named “Ledger Sync,” is part of the Cardano Foundation’s efforts to create a more developer-friendly ecosystem. The tool will be released as open source, allowing developers and partners to

Ripple Expands into Africa with New Cross-Border Payments Solution

November 9, 2023 1 min read

Ripple, a leading provider of cryptocurrency-based payment solutions, is expanding its reach with new initiatives aimed at simplifying cross-border transactions. The company has upgraded its Ripple Payments service to make it more accessible to non-crypto-savvy businesses, particularly in the United States. Additionally, Ripple has partnered with African fintech firm Onafriq to facilitate faster and cheaper money transfers between Africa and other regions. Ripple Payments is designed to streamline cross-border payments

Solana Launches Incubator Program to Boost Startup Growth

October 27, 2023 1 min read

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

Lightning Network Faces Security Concerns as Developer Identifies Possible Issue

October 23, 2023 1 min read

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

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

October 21, 2023 1 min read

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,

Uniswap Launches Swap Fees to Support Expansion

October 16, 2023 1 min read

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

Optimisus – Interview – SunMoney Solar Group

October 13, 2023 7 mins read

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

Arkham Intelligence Expands by Adding Support for Flare Blockchain

September 30, 2023 1 min read

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

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

September 28, 2023 2 mins read

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

Google Cloud Expands BigQuery with 11 New Blockchains for Data Analytics

September 22, 2023 1 min read

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