Blockchain

[PRESS RELEASE – Montreal, Canada, February 24th, 2024] Solsniffer, the first blockchain intelligence tool for the Solana blockchain, is now live! Bonk’s explosive rise gave Solana an impressive boost in traders adoption, but with great power comes great challenges. The inflow of scams on Solana made it clear it needed a security upgrade. The app allows Solana traders to make better-informed decisions by detecting security risks on Solana tokens with +18 security indicators....

StarkWare, a blockchain firm developing layer 2 scalability protocol Starknet, announced that it is changing the token release structure set for STRK. The move comes after concerns from the community that the initial plan might enable the network’s investors to dump their holdings onto retail Starknet users. StarkWare Releases New Token Release Structure Initially, StarkWare intended to unlock 1.3 billion STRK coins for investors and early contributors on April 15, following...

Donald Trump, former United States President and candidate in the upcoming elections, has taken a u-turn on his stance against Bitcoin, stating that he can live with it. During an interview with Fox News, the billionaire acknowledged that BTC, the leading digital currency, is getting a lot of attention and taking a life of its own, stating the need for some regulation around the asset. Living With Bitcoin Trump said he had seen some interesting incidents surrounding BTC, like...

[PRESS RELEASE – Dubai, United Arab Emirates, February 23rd, 2024] Flare’s earliest investors, including Hong Kong and US-based Kenetic, New York-based Aves Lair, and others, have doubled down on the leading Blockchain for Data by extending token vesting, limiting token sales, and committing significant new capital to investing across the Flare ecosystem. This landmark agreement between investors and Flare leadership signals a renewed partnership and extended commitment by...

Tech-focused venture giant Andreessen Horowitz (a16z) has invested $100 million in the Ethereum-based EigenLayer, suggesting that VC funding in crypto may be on course for a revival. As reported by Bloomberg on Thursday, a16z was the sole backer of the funding round, which marks the largest investment ever received in EigenLayer by a wide margin. Restaking With EigenLayer, Explained The next largest investment in the platform was a $50 million raise in March during a funding...

Vitalik Buterin, the co-founder of Ethereum, recently expressed skepticism regarding the prevailing notion of prioritizing simplicity in Layer 1 (L1) blockchains over Layer 2 (L2) solutions. Buterin disclosed that his confidence in simplifying L1s at the expense of more intricate L2s has diminished significantly over the past five years. Bug Risks in L2 Networks Buterin highlighted the dilemma of choosing between the risks associated with bugs in L1 and L2. He stated, “It’s...

[PRESS RELEASE – Please Read Disclaimer] The L3 Summit is a zkLink-initiated event series that educates, amplifies, and shares research about the current status of Layer 3 development from the world’s leading Layer 1 and Layer 2 blockchain protocols. Layer 3s are a third layer built on top of Ethereum Layer 2 Rollups that deliver higher scalability, lower gas costs, and greater app-specific customizability. Layer 3s are poised to lead the future of building interoperable DApp...

Ethereum steigt kurzzeitig über 3.000 US-Dollar Knapp eine Woche nachdem BTC die Marke von 50.000 $ überschritten hat, ist ETH am Dienstag kurzzeitig auf über 3.000 $ gestiegen – ein Stand, der seit 2022 nicht mehr erreicht wurde. Genau wie bei BTC sind die treibenden Kräfte für den Preisanstieg von ETH grundsolide Fundamentaldaten: Es gibt eine stetig steigende Nachfrage sowohl von Privatanlegern als auch von institutionellen Investoren in...

Fairshake, a Super PAC supporting candidates favorable to cryptocurrency and blockchain technology, has garnered $4.9 million in funding, with contributions from billionaire brothers Cameron and Tyler Winklevoss. The Winklevoss twins, known for co-founding the Gemini exchange and their significant Bitcoin investments, were early backers of Fairshake. The initial investment dates back to December 18, 2023. As per the latest federal filings, the duo donated $2.45 million each....

[PRESS RELEASE – Grand Cayman, Cayman Islands, February 21st, 2024] Citrea is the first rollup that enhances the capabilities of Bitcoin blockspace with zero knowledge technology, enabling developers to build everything on Bitcoin. Citrea is thrilled to announce $2.7M in seed funding, led by Galaxy, with the participation from notable investors such as Delphi Ventures, Eric Wall (Co-Founder, Taproot Wizards), Anurag Arjun (Co-Founder, Avail), BatuX (ex-Binance), Igor Barinov...