blockchain
In-depth research, opinions, and analysis of blockchain trends.
New Phantom Wallet Feature Helps Users Eliminate Spam NFTs
<p>The Phantom wallet app has launched a new Burn Token feature, which allows users to weed out spam NFTs sent from scammers. Users will receive a small deposit of termite SOL when using the feature. On August 17, Solana-based wallet provider Phantom has launched a new burn feature that allows users to remove spam non-fungible</p>
AAVE Responses On Blocking Addresses Linked To Tornado Cash
<p>DeFi lending protocol Aave Protocol said the TRM API on its app was responsible for blocking addresses that received ETH from unknown sources through Tornado Cash. AAVE Complying With OFAC Sanctions In a Twitter thread on August 14th, the protocol claims that it receives blockchain intelligence from TRM Labs and has integrated TRM API into its frontend to ensure a</p>
Polygon And Other Scaling Solutions Pose A Threat To Ethereum
<p>Crypto exchange Coinbase the impact scaling solutions could have on the Ethereum (ETH) blockchain, including Polygon, a layer-2 solution on Ether. Coinbase claims in a study report that layer-2 scaling solutions (L2s) could eat into Ethereum’s earnings. “The future of L2s could very well be a zero-sum game, as whichever L2 houses the majority of</p>
Solana Continues To Be Discovered Vulnerable To Serious Violation
<p>Evan Van Ness, a well-known Solana critic, shared the developer’s post, which discovered a potentially critical issue in the project’s official library that could harm both regular users and developers looking to build SOL-based applications. After downloading the library, the developer discovered 723 dependencies in a 202 MB package. Another 310 MB is created with</p>
Interlay Launches Bitcoin Cross-Chain Bridge On Polkadot
<p>Interlay, a London-based blockchain company, has launched a Bitcoin-based cross-chain bridge on the Polkadot ecosystem. Dubbed interBTC (iBTC), the bridge allows the circulation of Bitcoin usage across multiple blockchains. Users can easily exchange coins/tokens and NFTs between networks. InterBTC operates as a BTC-backed stablecoin, secured by a decentralized network of overcollateralized vaults, which according to</p>
dApps On Polygon Hits 37,000 Milestone
<p>Polygon (MATIC) continues to achieve an impressive new milestone in its journey of growth and development, following its Q2 2022 performance report. It comes as the number of monthly active teams for the blockchain reached 11,800 in July, up from 8,000 in March. Yesterday, it announced that the number of decentralized applications (dApps) on the</p>
Arbitrum Nova Layer-2 Is Launched To Focus On Games And Social Apps
<p>Ethereum Scaling Solution Arbitrum has launched its own Arbitrum Nova layer-2 chain. This Chain was used for Reddit’s Community Points systems. This is a new chain mainly for games and social applications, and was first announced earlier this year and is the first to be built using Arbitrum’s AnyTrust technology. This chain is for high</p>
Curve Finance Is Being Hacked By DNS, Damage Is At $570,000
<p>Curve Finance suffered a user interface hack early this morning on August 10. Curve has addressed the issue and recommends users to revoke any approved contracts on its platform. Curve Finance DNS Hacked Curve one of the largest exchanges holding over $6 billion TVL value has solved a hack they encountered earlier today. The hack</p>
Polygon Launches Gnosis Bridge Built For Multisig Wallet Safe
<p>Polygon Bridge has just announced a partnership with Gnosis Safe, helping users to move multisig cross-chain assets in a more convenient and cost-effective way. In its post, Polygon Bridge said transaction costs on Ethereum are a major barrier. Especially with complex operations like Gnosis Safe’s multisig wallet, this barrier is even greater. Understanding this problem,</p>
StarkWare Release Technology That Can Manage Up To 60 Million Ethereum Transactions
<p>Solutions for Layer 2 Scaling StarkWare announced the introduction of its new technology, which has the ability and speed to handle up to 60 million transactions per second. New StarkWare technology Eli Ben-Sasson, the creator of the well-known Layer 2 solution StarkWare, emphasized in his presentation at Korea Blockchain Week that the recursive engine is</p>
Poloniex Started Trading 2 Tokens ETHS And ETHW
<p>Cryptocurrency exchange Poloniex has started trading two tokens ETHS and ETHW predicting for the scenario that Ethereum will be chained after The Merge event. Poloniex Starts Trading 2 Ethereum Hard Fork Tokens On the evening of August 7, Poloniex said that it had opened trading for two tokens ETHS and ETHW, predicting the outcome of</p>
What is Subsocial? The Future of Social Media
<p>Social Media has gained popularity as an art form In recent years. With rapid development and numerous assistants, connections can be made, information can be shared, and it can be received simply, swiftly, and effectively. However, due to the fact that the bulk of social networks in use today, including Facebook, Twitter, and YouTube,… users will</p>
Chinese Mining KOL Announces Ethereum PoW Fork “Coming Soon”
<p>According to Chandler Guo, China’s Bitcoin mining KOL, a PoW version of Ethereum is “coming soon.” The news comes as Merge is slated to launch on the Ethereum mainnet on September 19, and there is growing talk of delaying the much-anticipated PoS transition. Chandler Guo is a famous Chinese cryptocurrency miner, and last week he</p>