Blockchain News

Banking giant Deutsche Bank is building out a layer-2 rollup network on Ethereum with ZKsync technology developed by Matter Labs. Bloomberg reported the project Wednesday, and a representative for Matter Labs confirmed the story. The chain will be “a public and permissioned L2,” Omar Azhar, the head of business development at Matter Labs, told CoinDesk […]

The Open Network, a blockchain originally developed by Telegram, is now integrated with Dune , a platform for on-chain data exploration. This integration allows developers, analysts, and blockchain enthusiasts to access and study TON’s ecosystem activity through custom dashboards and visual tools. According to a press note shared with crypto.news, Dune’s integration provides insights into […]

Although digital assets are seen by some as the lifeblood of blockchain, in actual fact its use cases stretch beyond the world of crypto. In recent years, a slew of innovative projects has leveraged distributed ledger tech (DLT) to tackle real-world challenges in a multitude of sectors, from healthcare to governance, proving once and for […]

Avara, the company behind Aave, Lens, and Family, is announcing a $31 million funding round led by Lightspeed Faction. With Lens, Avara is building a decentralized L2 network that could serve as the infrastructure for social and consumer apps. This funding announcement comes a few weeks after Lens unveiled a completely overhauled version of its […]

Patchwork, a startup focused on simplifying blockchain and smart-contract development founded by former Coinbase employees, has released the next version of its low-to-no-code tools for building decentralized applications (dapps). Currently linked to Coinbase’s popular Ethereum layer-2 network Base and backed by the Base Ecosystem Fund, the “Create-Patchwork” picks-and-shovels approach lowers the barriers to building blockchain […]

American blockchain powerhouse Chainalysis has announced its acquisition of Israeli cybersecurity startup Hexagate, a company specializing in Web 3.0 and blockchain security solutions. While the financial terms of the deal remain undisclosed, industry estimates peg the acquisition at approximately $60 million. Hexagate will continue its operations as an independent entity, retaining its entire team of […]

Avalanche, a layer-1 blockchain launched in 2020 that’s now the tenth-largest by total value locked (TVL), activated its highly anticipated Avalanche9000 upgrade Monday, marking the ecosystem’s biggest technical changes to date. The network has been prepping for these changes for months, with new features that will cut the costs for sending transactions, operating validators and building applications on […]

The developer of recently-announced virtual pet simulator game Catly has responded to allegations that the game’s trailer and marketing was produced using generative AI, saying that no such technology was used in its announcement at The Game Awards, nor in the game itself. In a statement shared with IGN, a PR representative authorized to speak […]

For decades, finance functions and treasury teams stared down tedious, manual and repetitive workflows. But today’s financial landscape is in constant motion. Rising regulatory pressures, unpredictable global economic conditions and evolving business models mean finance teams face new, more complex challenges. Traditional tools and manual processes are quickly and increasingly proving insufficient to keep up […]

Only a handful of Web3 brands have managed to reach as many mainstream consumers as NFT collection Pudgy Penguins. That’s why Igloo Inc., the parent company of Pudgy Penguins, is confident it can replicate its playbook with its new blockchain Abstract, an Ethereum layer-2 chain that aims to be the leading blockchain for consumer crypto products and applications. In this article, […]