Tag: Ethereum network

Revolutionize Blockchain Security with Movement Labs’ $38 Million Fundraiser

In a record Series A financing, Polychain Capital invested $38 million in Movement Labs to improve blockchain security and scalability. Developer tools and educational activities funded by Movement Labs foster creativity and blockchain competence. The Movement L2 testnet propelled Ethereum Virtual Machines based on the Move protocol toward mainstream adoption. Rushi Manche and Cooper Scanlon, the 21- and 24-year-old co-founders of Movement Labs, have raised an astounding $38 million in Series...

ETH founder Vitalik Buterin speaks against SEC undermining attempts on the Solana token

In June 2023, the US SEC labelled the SOL token as an unregistered security in separate lawsuit files. Vitalik Buterin, Ethereum's CEO,...

Ethereum Beacon Chain faces finality issues causing mass confusion

Ethereum developed the Beacon Chain to ensure that the PoS logic was sound and could function effectively. Blockchain finalization or finality is the...

How and why the crypto ecosystem is affected by FTX’s downfall

As 2022 rolled in, FTX was on a winning streak as its sales kept improving despite the looming crypto winter Bitcoin has suffered...

How to solve the blockchain trilemma using sharding

For the blockchain to serve the continent with a population of over 1.4 billion, it needs to be highly scalable If you upgrade...

EasyFi network: Polygon Project that ushers third-generation DeFi

EasyFi is a Layer 2 protocol. Its initial version, EasyFi version 1, is stated as a fork of Compound finance. EasyFi launched its...

Is crypto mining experiencing an irreversible downfall?

Unlike the PoS mechanism used by the Merge, PoW has a simple cut-and-dry policy; network members had to expend effort solving an arbitrary...

The Zed Run: New Polygon project revolutionizing digital gaming

Zed Run horses are NFTs; hence are digital assets, but unlike the ordinary NFTs, which consist of pictures, Gifs, and videos, these digital...

Orion Protocol: Ethereum Project uniting crypto traders and users

A new consensus mechanism called the Delegated Proof of Broker(DPoB) achieves the liquid aggregator functionalities The Delegated Proof of Broker is generally similar...

A vanity address vulnerability causes US$1 million worth of ETH hack

The hacker was able to transfer 732 ETH valued at $950000 Professionals believe that there is a link between this blockchain security breach...

Wrapped Bitcoin a new way of applying Bitcoin in Ethereum ecosystem

On October 26, 2018, BitGo, Kyber Network, Ren, and other community institutes launched WBTC to bring Bitcoin's liquidity to the Ethereum ecosystem WBTC...