Search Results for "protocol"
Polygon and Google Cloud Partner for Ethereum Scaling Tools
Polygon Labs and Google Cloud have partnered to enhance the development of Ethereum scaling protocol's infrastructure and tools. Google Cloud's framework and developer tools will benefit Polygon's core protocols and simplify developer integration to build, launch and grow Web3 products and decentralized applications (DApps) on Polygon. The partnership is expected to advance Polygon's zero-knowledge development, resulting in faster and cheaper transactions. Polygon will use Google Cloud's Blockchain Node Engine to remove the need for Polygon developers to configure and run Polygon PoS nodes.
Mina Protocol to Launch ZK Smart Contracts, Backed by $92M from Three Arrows and FTX
Mina Protocol is set to introduce Zero-Knowledge smart contracts to its mainnet, simplifying zkApp development and enhancing security. The upgrade will phase out supercharged rewards and phase out supercharged rewards. Mina Protocol, the world's lightest blockchain, combines Bitcoin and Ethereum elements, and the success depends on collective effort from node operators, developers, and users.
OKX Ventures Invests in Orbiter Finance's Decentralized Layer 2 Protocol
OKX Ventures invests in Orbiter Finance, a decentralized cross-Layer 2 protocol on Ethereum, aiming to redefine blockchain infrastructure and enhance decentralization.
$12M in Bitcoin Stolen from pNetwork DeFi Protocol
A vulnerability in pNetwork allowed the thief to run away with the funds. The DeFi network is now begging the hacker to return the money.
MAP Spikes Following MAP Protocol Joins NVIDIA for AI-Driven Bitcoin L2 Interoperability
MAP Protocol has partnered with NVIDIA to enhance Bitcoin L2 interoperability using AI, marking a significant milestone in blockchain tech integration.
DeFi Yield Protocol Rebrands as Dypius to Help Users Embrace Metaverse Opportunities
After experiencing success in the crypto space, DeFi Yield Protocol announces a complete rebranding to Dypius. The experienced team conducted several months’ worth of research to come up with the best way to represent what they had evolved into over the years. Dypius has the suffix of the nebulae in the galaxy. Nebulas are the formations of gas, dust, and other materials that "clump" together to form denser regions in the universe. They attract further matter and eventually become dense enough to form stars, planets, and planetary system objects. Dypius is the place of creation of stars, planets, and life. This is Dypius, a place to create and shape the future!
NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding
NEAR Protocol and South Korea's ZEP are partnering to improve user onboarding and enhance Web3 capabilities, using NEAR's blockchain network and ZEP's metaverse platform.
Solana Gum Protocol Shuts Down
Gum protocol on Solana ecosystem is shutting down due to market conditions and revenue issues, raising concerns about the sustainability of protocol-layer projects.
Circle's 2024 USDC Economy Report Reveals Significant Growth in Stablecoin Adoption
Circle's 2024 report on the USDC economy highlights significant growth in stablecoin adoption and usage, with a 59% increase in USDC wallets and over $12 trillion settled in blockchain transactions since its inception.
Aave Surpasses $1.7 Billion TVL Taking Number One Spot From Maker and Compound
Aave is taking the open finance sector by storm reaching number one on the Defi Pulse rankings, beating Maker and Compound.
Cosmos-Based Defi Protocol Nolus Raises 2.5M to Build the First Cross-Chain Defi Lease
The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets.
WOO Network Announces WOOFi's Shift from Near Protocol to Ethereum EVM
WOOFi, a decentralized exchange platform owned by Woo Network, has announced a strategic shift from the NEAR Protocol to Ethereum Virtual Machine (EVM) compatible networks. The move aims to develop a version 2.0 omnichain DEX, integrating centralized finance and decentralized finance sectors. WOOFi Pro will offer a mobile-friendly interface, gasless orderbook trading, and integration with Orderly Network's order books. The platform is set to launch with 10 crypto trading pairs in October.