Bitcoin Price to Surge to $110K Soon as Hyperliquid Whale Nets $6.2M in Short Exploit: Finance Revamped

Bitcoin has surged to $110K, fueled by HyperLiquid whale’s $6.2 million exploit in the finance industry. This event has redefined the landscape of finance and cryptocurrency, showcasing the power and potential of blockchain technology. The unprecedented rise in Bitcoin’s value to $110K marks a significant milestone in the world of digital currency. This surge was [...]

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SingularityNET’s AGIX price regains momentum as AI tokens wake up

SingularityNET (AGIX/USD) and SingularityDAO (SDAO/USD) prices crawled back on Wednesday as demand for artificial intelligence remained elevated. Other AI coins like Fetch.ai’s FET and The Graph (GRT) were among the top movers, according to Binance. Artificial Intelligence momentum Investors are always driven by fear and greed. In most periods, greed happens when the fear of ...

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Ankr partners with Polygon to drive Web3 adoption via Supernets

Ankr (ANKR/USD), a leading crypto infrastructure platform seeking to drive future growth in the Web3 ecosystem, has partnered Polygon (MATIC) to advance the development of the Supernets on the Ethereum scaling protocol.

As announced on Monday, this major crypto news means Ankr will help bring the best of Web3 developer tools for builders on Polygon – enhancing growth of the whole ecosystem via streamlined user experiences built to better those in Web2.

In a comment on the partnership and what it means for the Web3 industry, Ankr App Chain Manager Kev Silk said:

“To drive Web3 mass adoption, we must provide consumers with a better UX than Web2. Enhancing the UX is possible only by streamlining Web3 development, which is why we’re thrilled to partner with Polygon Supernets and provide developers with the necessary infrastructure to build efficiently. Together, Ankr App chain Infra and Polygon Supernets can supercharge high-quality Web3 games, financial products, and other decentralized applications.”

Polygon Supernets are dedicated networks that can be secured by the native MATIC token and which offer users an EVM-compatible and customisable interoperable blockchain platform to quickly bootstrap validator sets.

Each Supernet allows for a specific application or use case, with its dedicated Web3 hosting capabilities key to project adoption in the growing crypto space. Developers can enhance this via the Ankr App Chains, which provides for an approved infrastructure vendor whose end-to-end engineering capabilities ensures greater security, throughput, and customizability.

App-specific customization and access to a high performance blockchain network will be key to Web3 growth, according to General Manager of Polygon Supernets Parth Pathak. He explained in statement shared via the press release:

“Polygon couldn’t be more excited to partner with ANKR for providing world-class tooling for building dedicated blockchains. With Polygon Supernets, enterprises, gaming and entertainment projects can rapidly power up their dedicated app-specific chains that are fine tuned for best-in-class EVM performance. Polygon is bringing together the world’s leading Web3 providers (like ANKR) into a comprehensive ecosystem that will empower any team to build their own blockchain. Supernets will help bring the next billion users to Web3.”

The Supernets are powered by Polygon Edge architecture, a customisable blockchain stack Polygon introduced in May 2021.

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Cardano Developer Says Testnet is “Catastrophically Broken”; Charles Hoskinson Responds

This week in Cardano drama: ecosystem developer calls testnet “catastrophically broken.” Charles Hoskinson disagrees.  Covered: Why The Vasil Testnet Issues Are Overblown Charles Hoskinson Responds To Developer Calling Testnet “Catastrophically Broken” Why The Vasil Testnet Issues Are Overblown Some Additional Thoughts on Vasil (with better internet) https://t.co/kfVyTWj8e8 — Charles Hoskinson (@IOHK_Charles) August 19, 2022 Tensions […]

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Avalanche Update: Will Avalanche Subnets Solve The Biggest Problem of RPCs in the GameFi and Play2Earn Blockchain Sector?

This article is all about What are Avalanche Subnets and whether will it solve the RPC issue. Let's take a look at it in more detail.

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Animoca Brands, Blowfish Studios Announces Closure of Planet Private Sale for Phantom Galaxies

Animoca Brands and Blowfish Studios announced the closure of Planet Private Sale. The Planet Private Sale for Phantom Galaxies sold 7,734 Planets and Asteroids (“Planets”), a kind of NFTs, for a total of US$19.3 million. (Read More)

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Why Avalanche’s Subnets Change The Game

Avalanche has recently introduced and implemented subnets on its network, which allows anyone to create their own L1 blockchain on the network. Here’s why they will be a game-changer for blockchain technology. Covered: Brief History of Scaling How Avalanche’s Subnets Solve Scaling Unlocking The Potential of Avalanche’s Subnets First, it’s important to start off with […]

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$100M will be invested by Polygon in Supernets blockchain projects…

Polygon has sent off another sort of committed blockchain network named Supernets and said it will put $100 million in projects that utilization it. The organization will place cash into projects that are keen on expanding their development through a committed Polygon Supernet chain. Polygon is an Ethereum-based blockchain that utilizes different procedures to scale … Continue reading $100M will be invested by Polygon in Supernets blockchain projects… →

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Polygon Unveils Supernets, $100M Grants Package

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Avalanche Is Pouring $290 Million Into GameFi — This Project Is Getting Funded First

Avalanche just announced a major multi-million dollar incentive program for GameFi projects. Who’s first in line to get funded? Covered: The Avalanche Multiverse This GameFi Project Is First In Line As GameFi developers and metaverse platforms build under the hood for another wave of mainstream adoption, the Avalanche blockchain just announced a timely incentive program […]

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Porta Network Successfully Launches Relay Chain TestnetSponsored

Porta is a Substrate-based, Nominated Proof-Of-Stake blockchain network has successfully launched its Relay Chain testnet. This is a penultimate step for the project ahead of its mainnet launch in Q1 2022. What is the Relay Chain Testnet? The Substrate framework offers a relay chain and parachain architecture that separates the authoring and finalisation process. Effectively […]

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Achieving Network Privacy In Bitcoin: VPNs And Tor Help, But Mixnets Are Needed

Bitcoin’s public and immutable nature necessitates the return of mixnets to achieve true network-level privacy.

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Gaming guild Ancient8 nets $4M in seed round from Pantera, others

laiming to be the largest gaming guild in Vietnam, Ancient8 announced Wednesday that it has raised $4 million in its seed funding round co-led by Dragonfly Capital, Pantera Capital, and Hashed. With new funds, the company plans to build a Decentralized Autonomous Organization to expand its community. Ancient8 offers users to join its community and […]

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NBA in the Metaverse: Brooklyn Nets Become the First to Join

A futuristic way to watch sports is becoming a reality.

Continue reading NBA in the Metaverse: Brooklyn Nets Become the First to Join at DailyCoin.com.

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PlanetSandbox Is a Virtual World Where the Only Limits Are Your Imagination

The separation between physical and digital is becoming increasingly blurred as more of our daily interactions are subsumed by the

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Metaplanets Share Price Soars by 4,800% after Company Invests in Bitcoin

MetaPlanet’s shares have experienced a significant increase due to its innovative Bitcoin reserve strategy. The company’s approach to storing value in BTC has garnered attention from investors, leading to a surge in stock prices. MetaPlanet’s decision to adopt a Bitcoin reserve strategy sets it apart from traditional investment firms. By diversifying its holdings to include [...]

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Polygon supernets vs. Avalanche subnets: Key differences

Supernets have an advanced technical architecture powered by Polygon Edge, trustless operation via Merkle trees, Ethereum Virtual Machine (EVM) compatibility and custom token support. Supernet architecture is closely tied to that of Polygon Edge. The six modules in Polygon Edge&rsquo;s architecture that are relevant to supernets include the following: TX Pool: Acting as a repository [...]

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Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12

During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the implementation of Beacon chain push withdrawals. This will enable Ethereum network validators to support withdrawal operations following [...]

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BlockSec launches collaborative testing toolkit for private forked chains

With the toolkit developers and security researchers can test, analyze and debug transactions via controlled private fork chains from the Ethereum mainnet.

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Keeping crypto cypherpunk protects users from censorship and corporatism Gnosis VP

Sebastian Bürgel, vice president of technology at Gnosis and founder of Hopr, argues that hyperfinancialization and profit-seeking are a threat to privacy and the crypto sector.

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