TON Blockchain Will Release New Layer-2 Based On Polygon’s Technology
The new protocol, called the TON Applications Chain (TAC), will make use of Polygon’s Chain Development Kit (CDK), as well as their AggLayer.
Technology
Protocol Village: Valora Introduces ‘Mobile Stack’ to Simplify Web3 Apps on iOS, Android
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 5-10.
The Protocol: ‘Private Jet Brandization’ Is One Way Polkadot Burnt Cash
Crypto twitterati showed no mercy as Polkadot published a transparency report detailing spending on $87 million of DOT tokens – a lot of it on marketing. PLUS blockchain tech news and project highlights from the past week.
Obol Labs Forms Industry Group to Push for Decentralized Validator Technology
As blockchain projects push to further decentralize, the developer Obol Labs has formed a group of companies working in the Ethereum ecosystem to concentrate on the growing field of “distributed validator technology,” or DVT.
Bittensor’s TAO Slides 15% After $8M Wallet Drain Attack
The blockchain was paused early Wednesday to contain the exploit, with security researchers suspecting a private key leakage.
Crypto Exchange Kraken Is Considering Going Nuclear
Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk.
Bitcoin Could Get Ethereum-Style Restaking as Startup Lombard Raises $16M
Lombard is partnering with staking startup Babylon to let users earn interest for “restaking” with Bitcoin – using the asset to secure other crypto networks.
Pi Squared, Building ‘Universal ZK Circuit’, Raises $12.5M
The startup, led by a University of Illinois Urbana-Champaign computer science professor, uses zero-knowledge technology to enable “trustless remote computing” along with other blockchain use cases including AI.
Protocol Village: Crypto Losses From Hacks, Rug Pulls Doubled to $572M in Q2: Immunefi Report
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 27-July 3.
MegaLabs, Behind the ‘Real-Time’ Blockchain, Raises $20M, Led By Dragonfly
The fresh round of capital will go towards building out the MegaETH protocol, with the aim of having a testnet go live in the next few months.