Kraken, a cryptocurrency exchange, is reportedly seeking to raise over $100M in pre-IPO funding, according to Bloomberg. The funding talks may be completed by the end of this year.
Friend.tech, a Web3 social network, is leaving Base to migrate to its own blockchain, Friendchain. The move is in collaboration with Conduit, a blockchain infrastructure provider.
The Arbitrum Foundation will distribute hundreds of millions of dollars to support gaming projects on the network over the next three years.
The proposal will allocate 225 million ARB tokens, worth around $215 million at current prices, to the newly-created Gaming Catalyst Program (GCP) to increase awareness and adoption of Arbitrum among game developers and players.
Loopring has issued an alert about a security breach that targeted some of its smart wallets.
The attack exploited wallets with only one Guardian, the Loopring Official Guardian, and allowed the hacker to impersonate the wallet owner and withdraw assets.
Loopring has suspended Guardian-related and 2FA-related operations to protect users. The company is working with security experts to investigate the 2FA service breach and collaborating with law enforcement to track down the perpetrator.
Overworld Arena is a free, Web3-based battler game with NFTs and a $100,000 prize pool.
It integrates with Web3 tech for a seamless experience, allowing players to bridge ETH to Xterio Chain and purchase Gems for in-game transactions, which contribute to the growing USDT prize pool.
Chiliz Chain announced that the Dragon8 hard fork will take place on Monday, June 17th at 10:00 CEST.
The Dragon8 hard fork brings the highly anticipated capability to utilize the latest versions of Solidity, and also introduces Chiliz Chain Tokenomics 2.0, which updates the $CHZ token's economic model.
CARV's public sale of CARV Node has exceeded $30 million in revenue. Although the public sale has ended, users can still register to purchase CARV Nodes at verifier.carv.io.
BNB Chain has announced the latest additions to their ecosystem. From June 2nd to June 9th, 2024, they've welcomed four new projects across various categories:
🔹 API3DAO: A decentralized data marketplace 🔹 Donat3.live: A donation platform for creators 🔹 Hexacore: A cutting-edge AI technology company 🔹 Retro Bridge: A Web3 gaming bridge
deBridge has launched its new decentralized finance (DeFi) platform, deBridge P2P, which enables non-custodial over-the-counter (OTC) trading across different blockchain networks.
The platform allows users to select their own counterparties for cross-chain transactions, providing a secure and decentralized way to transfer assets.
Metis has proposed a governance initiative to pair more liquid staking providers with sequencer nodes. The goal is to accelerate the growth of Liquid Staking Tokens (LSTs) and LST offerings on the Metis network.
For the proposal, the community has until June 10 to review it before it goes up for vote.
Polygon has launched its Polygon Miden Alpha Testnet v2, a new version of the testnet that introduces several new features aimed at enhancing the developer experience.
The testnet is an zkVM rollup that allows individuals to validate state transactions, promoting self-sovereignty and increasing throughput.
The new version incorporates user feedback and developer efforts, and introduces enhanced features and developer-focused upgrades.
The new testnet features enhancements to the Zulu Bridge smart contract, improving security and user experience.
Additionally, users can now pay transaction fees using various tokens, including BTC and ZULU tokens. The testnet also offers improved scalability, optimized performance, and enhanced interface.
Merlin Chain, a Layer 2 network for Bitcoin, has launched the Merlin Phantom, a protocol designed for Bitmap. The Phantom protocol enables swaps between various assets, including BTC, RUNES, and NFTs.
Additionally, Merlin Chain will allow trading of Bitmap Rune Tokens on its decentralized exchange (DEX) with zero gas fees and offer 400,000 $MERL tokens as incentives for farming.
OKX has launched its OKX Simple Earn Fixed product, allowing users to lend and earn interest on a range of cryptocurrencies, including USDT, USDC, BTC, and ETH.
The product enables users to receive interest at a fixed rate and period, with hourly interest accrual and total interest paid at the end of the order period.