Covalent, a Web3 data infrastructure platform, is committing $2.5 million in rewards to support the Consensys ecosystem through the Consensys Scale program, encouraging developers to build innovative technologies on Linea and MetaMask.
ZKsync's community account, ZK Nation, has announced that distributing airdrops is challenging due to "airdrop factories" that mimic human behavior, making traditional interaction-based airdrops ineffective.
The team acknowledges imperfections and frustration with the airdrop design, but is working to improve communication and provide transparency through FAQs and feedback collection.
Michael Egorov, the founder of Curve Finance, a decentralized finance (DeFi) protocol, has reportedly repaid 93% of the $10 million in bad debt that was triggered by a soft liquidation event earlier in the day.
BNB Chain has partnered with Binance Labs to launch an incubation alliance called BNB Incubation Alliance (BIA).
The program aims to support early-stage Web3 projects by providing access to a 10-week accelerator program, grants, and investments.
Additionally, participants will have access to BNB Chain's launch-as-a-service program, which includes $300,000 in free services covering security, infrastructure, and other project aspects.
Helios, a music streaming app, has announced its integration with the Solana network, bringing enterprise-grade security, speed, and scalability to its users.
The app is now available for download on Apple and Android devices, as well as the Solana Mobile dApp store.
Sushi has launched Sushi Labs, a development partner that will focus on creating new products, executing the company's ecosystem strategy, and developing solutions to improve its offerings.
API3's Oracle Stack is now available on Core, providing decentralized data feeds (dAPIs) and the upcoming OEV Network to help protocols recapture value lost due to oracle updates.
Developers on Core can access decentralized data feeds powered by oracle nodes operated by data providers, enabling a more integrated solution for capturing MEV (maximized extractable value) and improving user experience.
Circle's Web3 Services is expanding to support Solana, allowing developers to build on-chain apps with secure, intuitive, and enterprise-grade wallets.
The Programmable Wallets feature offers APIs and SDKs to simplify wallet development, abstracting away technical complexities and supporting multiple chains, including Ethereum, Polygon PoS, Avalanche, and now Solana.
Toikido has announced plans to launch the Bad Egg Co. digital collectible on June 20th. The collectible will be minted on the Ethereum blockchain and will feature a variety of items.
ARPA, a decentralized computation network, has launched the EigenLayer Secure Active Validated Service (AVS), which aims to support the expansion of multiple blockchain networks (multi-chain) and create a secure, inclusive, and dynamic Web3 environment.
What can EigenLayer, ARPA, and Randcast enable together? Together, they can enhance various fields with tamper-proof randomness, including:
Chromia, a Layer-1 blockchain platform, has launched an incentivized testnet with a reward pool of 250,000 CHR tokens. The testnet has three initiatives:
🔹HackNet (ends June 28th): A 2-week program for coders and tech-savvy users to test Chromia's core software and provide feedback on edge cases. Rewards: 100,000 CHR tokens.
🔹ProjectNet: A program for developers building decentralized applications (dApps) on Chromia using Rell. Submissions are accepted until July 26, 2024.
🔹QuestNet (starts June 18th): Everyday users can try Chromia's features and earn 100,000 CHR through a user-friendly dashboard.
Layer3, a token distribution protocol, has raised $15 million in a Series A funding round, led by ParaFi and Greenfield Capital, ahead of its token launch and airdrop in the coming months.
The company is building an on-chain value distribution platform that connects two groups: users who want to explore crypto and earn rewards for their attention and actions, and protocols and dApps that want to attract and retain users.
MetaMask is launching a "pooled staking" feature for its users. This will allow users to participate in Ethereum staking without having to run a full validator node.
Pooled staking is expected to make it more cost-effective for users to contribute to the security of the Ethereum network, making it easier for individuals to participate in the network's validation process.
Netmarble's Marblex has launched "Pocket Girls: Idle RPG," a mobile game combining casual gaming with idle RPG mechanics, and is now available globally for free on Google Play.
The Beacon, a free-to-play RPG, has launched The New Frontiers Quest, a two-week campaign to secure a whitelist spot for the upcoming Writ of Passage NFT Mint event.
SubQuery Network has launched two new decentralized RPCs for the Polkadot ecosystem, making them the first to be available on Substrate-based networks.