blockchain
In-depth research, opinions, and analysis of blockchain trends.
KuCoin Labs Launched Backed Incubation Program To Help Builders In Blockchain Space
<p>Key Points: To encourage developers in the blockchain industry, KuCoin Labs, the incubation and research division of KuCoin with headquarters in Victoria, Seychelles, launched its incubator program. According to FINSMES, KuCoin Labs announced the launch of the blockchain incubation plan and received support from MoonRock Capital, Vertu, CDH Investment, IOBC Capital, Matrix Partners, and other</p>
Polkadot Marks Growth In 2022 With The Ecosystem Annual Summary
<p>Key Points: Polkadot released the 2022 annual summary on social media, marking 1 year of efforts to overcome the difficult market landscape of the ecosystem. As of now, the Polkadot ecosystem has 74 parachains, more than 300 dApps, covering more than 550 projects, and 2,500 monthly active developers. After the launch of the secure cross-chain</p>
Polygon Network To Go Deep Into PFP And Art In 2023
<p>Key Points: Ryan Wyatt, CEO of Polygon Studios, declared that Polygon Network will invest heavily in PFP and art in 2023 According to Ryan Wyatt, Polygon also made significant investments in gaming, DeFi, and music, in addition to expanding its marketplace and wallet integrations in 2022 through partnerships with OpenSea, Magic Eden, Coinbase, Robinhood, and</p>
Kava Now Live On Axelar Network
<p>Key Points: Axelar, a network for cross-chain communication, has connected with Layer 1 blockchain Kava. Satellite users can now send assets from any linked chain to Kava, and developers can access the enormous ecosystem of dApps Kava’s design has spawned. Axelar delivers secure cross-chain communication for Web3. Secure means the network is built on proof-of-stake,</p>
Optimism’s Goerli Testnet To Migrate To Bedrock In January
<p>Key Points: On January 12, the Goerli testnet for Optimism will transition to Bedrock, according to OP Labs. Users and apps won’t be harmed by the transfer, which OP Labs is coordinating with node operators like Alchemy, Ankr, Chainlink, Etherscan, Infura, Quicknode, and Tenderly to make seamless. In order to reuse as much of Ethereum’s</p>
OKX Resume Services Almost 1 Day After The Problem
<p>At dawn on December 19 (local time), OKX announced that the problem had been fixed and trading was resumed as usual. According to OKX’s official announcement, the bug in the computer room of the cloud service provider that it used has been fixed. “Due to an error in the computer room of the cloud service</p>
Cosmos-based Injective Integrates With Wormhole
<p>Injective, a Cosmos-based smart contract platform, has announced its integration with the Wormhole cross-chain interoperability mechanism. The platform users will be able to bridge assets from linked Wormhole Layer 1 and Layer 2 networks into its ecosystem as a result of the integration. Highly complex cross-chain transfers can now be accomplished via a simple click.</p>
Cross-chain Interoperability Network Axelar Integrates With Celo
<p>Axelar, a cross-chain interoperability network, has announced an integration with Celo. Users may now use Satellite, the cross-chain transfer program, to transfer assets from other chains to Celo. Axelar is paving the way for an interoperable future. Its cross-chain communication technology allows decentralized applications and users to communicate with any asset or application on any</p>
Paradigm Crypto Derivatives Platform Reduces Salary By 15%
<p>The crypto derivatives trading platform Paradigm reduced salaries by 15% across the board. The OTC firm, which is distinct from the cryptocurrency investment firm of the same name, attributed the salary cut to contagion following the collapse of cryptocurrency exchange FTX in a tweet. Salary reductions, according to Paradigm, “lower the need for layoffs witnessed</p>
Apollo DAO To Deploy Multisig Wallet Solution On Sei
<p>Apollo DAO, a Cosmos-based yield management platform, has announced that it will deploy Apollo Safe on layer1 blockchain Sei. Apollo Safe enables projects and decentralized organizations to create multisig wallets on the blockchain. Sei stated that Apollo DAO would assist improve the security of community money on the blockchain and enable DAOs with a user-friendly</p>
Sui Releases Testnet Wave 1 Recap
<p>Sui Network, a Layer 1 public chain, presented a review of the Sui Testnet Wave 1 and stated plans to start Testnet Wave 2 in early 2023. During the Testnet Wave 1 run, the team conducted network tests for Genesis, Monitoring, Communication, Mitigation, and Updates, as well as issues such as consensus stalls, updating consensus</p>
Cross-Chain Router Protocol Multichain Integrates With NEAR
<p>Cross-Chain router protocol Multichain announced its integration with NEAR, which enables USDT, USDC and wBTC to be bridged between NEAR and other chains supported by Multichain. According to the statement, the combined initial liquidity between the NEAR side and EVM chains side is currently over $30 million. Next, Multichain plans to add liquidity for ETH.</p>
Indexing Service The Graph To Add Support For Polygon Blockchain
<p>Decentralized indexing protocol The Graph will add support for Polygon. Polygon-based apps will soon be able to run on Graph’s fully-decentralized application programming interface (API) rather than the presently utilized hosting service. Indexers are node operators in The Graph Network that stake Graph Tokens (GRT) in order to provide indexing and query processing services. Indexers</p>