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01 Jun 2023
OKX Proposes Industry-First BRC-30 Token Standard to Enable Bitcoin and BRC-20 Token Staking
SAN FRANCISCO, UNITED STATES, June 1st, 2023, ChainwireWith BRC-30, OKX Wallet users will soon be able to stake BRC-20 tokens and Bitcoin to earn passive income on their digital assetsOKX, a leading Web3 company, today introduced its proposal for a new, open-source BRC-30 protocol that enables staki...
Skale Network has released the Levitation Protocol — a Zero Knowledge (ZK) rollup aimed at providing a new scaling solution for Ethereum developers.
Skale operates as an ecosystem of more than 20 application-specific sidechains that run parallel to Ethereum. These chains stand to provide scaling ben...
Avalanche, a Layer 1 blockchain network, has crossed 1 million monthly active users for the first time.
The recent launch of AvaCloud is the main reason for the growth, according to Ava Labs, the creator of Avalanche. AvaCloud is a no-code platform for launching "custom blockchains," also known as s...
Ethereum staking provider Rocket Pool has been deployed on the zkSync Era network.
This will be the first Ethereum liquid staking protocol to deploy on the newly launched network. It joins 58 projects that are already live on it.
By operating on zkSync Era, Rocket Pool users will be able to move its...
Blockchain has far surpassed the reach, effect, and value of cryptocurrency. This is because the technology has implications for virtually every industry today. In fact, some firms – both established and startups – have already incorporated the ledger technology into their regular operat...
PayPal Ventures has led a round of investment into Magic, a digital-wallet provider that helps companies migrate customers to web3.
Magic announced it raised $52 million in what it called a “strategic funding round." Cherubic, Synchrony, KX, Northzone and Volt Capital also participated, the company ...
Binance has laid off a portion of its workforce as the crypto exchange behemoth’s market share continues to shrink.
Responding to Wu Blockchain’s tweet about Binance’s layoffs, a spokesperson of the exchange told The Block, “We periodically review how we can best allocate our talent to the right tea...
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Crypto users have sent $1.1 million of ether to the NotLarvaLabs founder in exchange for, well, nothing.
“There is nothing for sale. I cannot reiterate this enough. People simply choose to send tokens to: YouGetNothing.eth. Or they choose not to,” said the pseudonymous founder, who goes by Pauly on ...
Bots, bullying and bum information. Billions of people use social media despite sometimes feeling dispirited by the experience; toxicity often in full display.
One crypto startup with tens of millions of smartphone users mining their native token is aspiring to change that reality by launching a new...
The core team of Trust Reserve (formerly CNHC Group), which issues two stablecoins, was detained by police in China on May 29, according to PANews.
The team dropped out of contact that day and some family members were notified. The news agency visited the project's office in Shanghai and found a not...
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