Protocol Village: Arcana Announces 'Chain Abstraction Protocol' to Remove 'Complexities of Bridging'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.
Marathon's Layer-2 Chain, Anduro, Plugs In 'Portal to Bitcoin' for Atomic Swaps
The publicly-traded bitcoin miner Marathon began incubating Anduro in February as a "platform built on the Bitcoin network that allows for the creation of multiple sidechains....
Sonic, Gaming-Focused Layer-2 Chain on Solana, Raises $12M
The Sonic project's Series A round was led by Bitkraft and joined by investors including Galaxy Interactive and Big Brain Holdings.
Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard
Funds will be used towards expanding the project's restaking services, including adding support for ERC-20 tokens.
ZKsync Airdrop of 'ZK' Token Puts Initial Market Cap Near $800M
The layer-2 blockchain ZKsync, has kicked off its highly anticipated airdrop of its ZK token, with 45% of the tokens already claimed.
DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says
Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% befo...
HLG Down Over 60% as Exploiter Mints 1 Billion New Tokens
The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploiter
Protocol Village: Aethir, for Sourcing GPUs, Launches Decentralized Cloud on Ethereum
The latest in blockchain tech upgrades, funding announcements and deals. For June 10 - June 12.
The Protocol: How Optimism Filled in Its Missing Tooth
In this week's newsletter, we delve into the Ethereum layer-2 network Optimism's delivery of "fault proofs," a piece of functionality that was glaringly missing even though it...
MetaMask Adds 'Pooled Staking' for Cheaper Ethereum Validation
The new feature aims to expand the accessibility of staking, which previously required an investment north of $100,000. But the project is still missing features offered by ot...