ZachXBT criticizes block explorers on L1 chains, calls for overhaul

ZachXBT identifies gaps in block explorer quality across several layer-1 blockchains, urging significant improvements.

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Avalanche to reward devs building layer-1 chains with $40M grant

An Avalanche spokesperson told Cointelegraph that the grant program will reward developers who create layer-1 chains and critical tools on the Avalanche9000 testnet.

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Banks face new risks from permissionless blockchains, BIS warns

To mitigate risks associated with public blockchain networks, the paper proposed appointing an entity with the authority to control and limit access to cryptocurrency assets.

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NFTs show signs of life as weekly volumes turn positive

NFT sales volumes have rebounded across major blockchains, and Polygon has taken the lead with a 123.20% increase. 

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Ronin bridge hack caused by error in upgrade deployment script Verichains

The upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw without signature.

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Assessing the Lightning Network's Last-Mile Solutions

A look at different solutions to solving the issue of end users interactions with the Lightning network, i.e. the last mile problem.

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MetaMask unveils new toolkit to streamline Web3, user onboarding

Consensys introduces a game-changing toolkit at EthCC, streamlining decentralized app development and enhancing Web3 user engagement.

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May crypto investments hit $1B driven by Notcoin launch KuCoin

KuCoin Research believes that the low float, high FDV trend in crypto led investors to other options like Notcoin, which had all its tokens circulating during launch.

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MultiversX boosts layer-2 transaction speed with Sovereign Chains

Existing L2 networks can increase their transaction and smart contract throughput by 100 times by utilizing Sovereign Chains.

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BingX Introduces ChainSpot to Streamline Secure DeFi Trading

Key Takeaways: In a bold move towards hybrid financial services, BingX recently launched ChainSpot, a CeDeFi (Centralized-Decentralized Finance) platform functionality developed to make DeFi more accessible. The launch is part of the exchange’s larger strategic shift in commemoration of its 7th year. Now, ChainSpot users are able to directly engage with decentralized tokens in their […]

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YEY.Tech to Boost Kusho Worlds Web3 Push

Kusho World stressed that the partnership aims to establish the NFT collection as a flagship example within the web3 ecosystem by leveraging YEYs community and fandom features.

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Public blockchain ledgers not fit for purpose, says JPMorgan exec

Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization.

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Polygon Labs co-founder Sandeep Nailwal assumes new ZK role

Establishing the new role, Polygon co-founder Sandeep Nailwal will increase focus on growing ZK solutions, including Polygon CDK.

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BSPCs Yey Platform Integrates Crypto Wallet, Social Media Linking

The new wallet integration feature allows users to engage with web3 projects and communities, participate in exclusive airdrops, and receive unique digital rewards.

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Why Crypto Market Values Integrated Chains Over Individual Apps

The cryptocurrency market is currently placing a high value on blockchain technology. This technology, known for its security and transparency, has become a key aspect of the crypto industry. Blockchain plays a crucial role in cryptocurrencies by facilitating secure transactions and recording them on a decentralized ledger. Investors and enthusiasts are increasingly recognizing the importance [...]

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Bipartisan bill for blockchain competitiveness passes US House

The Deploying American Blockchains Act of 2023 gives the Commerce Department a role in advancing blockchain technology.

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Polkadot Poised For Price Breakthrough: DOT Targets 17 Amid Key Upgrades

The recent change from the famous cryptocurrency analyst Crypto Capo, emphasizes the current situation of Polkadot (DOT) which is about to face a very interesting turning point in the market. In a recent X post, the analyst highlighted that DOT is currently supported at a very significant level after it was rejected at a higher […]

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Guide to Creating a Stablecoin-Only Blockchain, Rejecting General-Purpose Chains Comprehensive Report

Codex, a stablecoin project, secures venture capital funding for its blockchain technology. The funding will be used to further develop and expand the capabilities of the stablecoin platform. This investment signals confidence in the project’s potential to revolutionize the digital currency landscape. Stablecoins have gained traction in the cryptocurrency market due to their ability to [...]

The post Guide to Creating a Stablecoin-Only Blockchain, Rejecting General-Purpose Chains Comprehensive Report appeared first on Crypto Breaking News.

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Qubetics or Aptos? Polygons Upgrade Race Just Got a New Challenger in Top Cryptos for Massive Growth

Explore Qubetics, Aptos, and Polygon Price PredictionTop Cryptos for Massive Growth. Discover the latest updates, features, and opportunities for blockchain developers and enthusiasts.

The post Qubetics or Aptos? Polygon’s Upgrade Race Just Got a New Challenger in Top Cryptos for Massive Growth  appeared first on Kanalcoin.

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Hacker Transfers $70 Million from UPCX in Major Security Breach

UPCX systems experienced unauthorized access by a hacker on April 1 who stole digital funds in mass quantities. Cyvers tracked an illegal transaction of 18.4 million UPC tokens, which totaled $70 million. The hacker entered UPCX’s system through a wallet address and took advantage of the ProxyAdmin contract security weakness. The cybercriminal gained administrative control […]

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