blockchain
In-depth research, opinions, and analysis of blockchain trends.
Stablecoins USDT, USDC, and DAI Are Surgeing Once More
<p>Key Points: After a record-breaking 10-month fall, top-tier centralized and decentralized stablecoins linked to the US Dollar are once again climbing. According to research, such behavior is typically a trustworthy bullish signal. According to a statement released by IntoTheBlock on its official Twitter account yesterday, the two largest centralized stablecoins, U.S. Dollar Tether (USDT) and</p>
Pantera And Jump Crypto $150 Million Injective Ecosystem Fund
<p>Key Points: With partners like cryptocurrency investment firms Pantera Capital and Kucoin Ventures, market maker Jump Crypto, and research and development hub Delphi Labs, Injective, a Cosmos-based layer 1 blockchain for developing finance apps that can access other blockchains, unveiled a $150 million ecosystem initiative. The fund will support initiatives that hasten the adoption of</p>
zkRouter Plans To Launch Testnet In Early February To Increase Trustlessness
<p>Key Points: According to the official blog, the zero-knowledge-based cross-chain infrastructure zKRouter, a cross-chain-based interoperability agreement Multichain, is launched in early February, which will allow cross-chain between Ethereum and Fantom. The zkRouter from Multichain is a strong tool that helps developers connect two distinct blockchains securely using zero-knowledge proofs, which are quick to generate and</p>
QuickNode’s Series B Round Valuation Hits $800 Million
<p>Key Points: In a $60 million Series B financing, QuickNode, a provider of blockchain development tools and web3 infrastructure, reached a $800 million valuation. According to QuickNode, the round was led by Dan Tapiero’s 10T Holdings and included participation from Tiger Global, Protocol Labs, QED Investors, Alexis Ohanian’s Seven Seven Six, and others. According to</p>
What Changes In The Proposed New XRP Ledger Amendment?
<p>Key Points: Contributor Denis Angell has proposed a new modification with the code XLS-34d for use on the XRP Ledger. The proposal’s text states that it entails altering the ecosystem’s structural facilities in order to improve the capabilities of XRPL assets that are not native to XRP. Why is XLS-34d problematic? The innovation would, in</p>
OpenZeppelin Audits, Matter Labs Fixes Security Problems With zkSync Layer 2
<p>Key Points: The findings of the most recent security audits performed by OpenZeppelin, a provider of smart-contract security solutions, on zkSync, a zero-knowledge, proof-based scaling solution created by Matter Labs, have been made public. Numerous problems were apparently found during the audits, most of which have now been resolved. Matter Labs team has rectified 40</p>
Tascombank Tested Stellar-based Electronic Money Platform With Blockchain Optimism
<p>Key Points: One of the oldest banks in Ukraine, Tascombank, has tested an “electronic hryvnia” as part of a proposal to develop a currency using the Stellar network. The financial organization revealed in a report that the coin was utilized throughout the testing in transactions between buyers and sellers. The bank considers its electronic payment</p>
Davos Wants To Be The “SWIFT” Of Stablecoins And CBDCs
<p>Key Points: Davos – to bridge the gap between stablecoins and central bank digital currencies, a blockchain startup with headquarters in Hong Kong has introduced a digital payments platform (CBDCs). The Universal Digital Payment Network (UDPN) was introduced on January 19 at the World Economic Forum (WEF) 2023 conference in Davos, Switzerland, by Red Date</p>
ConsenSys Begins Private Beta Testnet For zkEVM To Solve The Difficulties Of Zk-rollups
<p>Key Points: ConsenSys, the Ethereum-based blockchain infrastructure platform that powers Metamask and Infura, has launched a private beta testnet for the innovative scaling and privacy technology zkEVM. ConsenSys is investigating a possibly game-changing technology on the testnet that might exponentially increase Ethereum’s performance and transaction costs. Zero-knowledge Ethereum Virtual Machine is known as zkEVM. It</p>
Solana Stopped Working Due to Error 1.14 Beta Solana Validator But SOL Soars 22%
<p>Key Points: The RPC (Remote Procedure Call) endpoints operated by the Solana Foundation are currently unavailable. Solana stopped working due to a bug in the 1.14 Solana Validator beta. RPC is understood as a network technical model, a method of communication between two processes, helping programmers to interact easily with the blockchain network. However, the</p>
Secret Foundation And Secret Labs Engage In Open Conflict
<p>Key Points: The Secret Foundation’s and its founder Tor Bair’s previous business practices have been questioned by Guy Zyskind, the founder and CEO of Secret Labs. Both parties endorse the Secret Network, a blockchain in the Cosmos ecosystem that focuses on anonymity. Zyskind made accusations regarding the foundation’s lack of openness, the alleged improper administration</p>
Pfizer Ventures Invests $4.1 Million In VitaDAO Decentralized Scientific Business
<p>Key Points: $4.1 million raise was completed by VitaDAO, a decentralized autonomous organization that finances studies in the field of longevity science. According to a news statement, Pfizer’s venture arm contributed to the token round along with Shine Capital, L1 Digital, and Balaji Srinivasan, among others. Ion claimed the round was completed this month. The</p>
Illuvium: Zero Private Alpha Is About To Launch, The 3rd Blockchain Game
<p>Key Points: Tomorrow (January 6, 2023), the blockchain game studio Illuvium from Australia will release an alpha version of Illuvium: Zero. According to the announcement from Twitter, Zero will be joining the team of two published games which are Monster battler Illuvium: Arena and open world Illuvium: Overworld on January 6 at 5:30 AM UTC,</p>