Several crypto firms have made job cuts this week amid the ongoing crypto winter, retaining “impactful” employees as they prepare for a “longer downturn.” At least 216 jobs were slashed between three crypto firms – open-source software laboratory Protocol Labs, ...
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FIO Protocol Launches NFT Domains Wrapped on Polygon – Press release Bitcoin News
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press release PRESS RELEASE. FIO Protocol, the leading decentralized solution for global blockchain usability, has announced the launch of FIO Domain wrapping on the Polygon blockchain. Wrapping is the process of taking a token from one blockchain and making it ...
BonqDAO protocol suffers $120M loss after oracle hack
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A small-scale decentralized autonomous organization (DAO) has suffered a rather sizeable smart contract exploit leading to an estimated $120 million being stolen from its protocol. BonqDAO, which is behind the Bonq protocol, told its Twitter followers on Feb. 1 that ...
Ordinals protocol sparks debate over NFT’s place in the Bitcoin ecosystem
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The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem. The protocol, referred to as “Ordinals,” was created by software engineer Casey Rodarmor, ...
The state of Solana: Will the layer-1 protocol rise again in 2023?
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Despite the latest FTX-related crisis, Solana still has what it takes to win the layer-1 race, according to the head of strategy at the Solana Foundation, Austin Federa.
Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork – Defi Bitcoin News
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While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido’s team is seeking community feedback on the proposal that ...
New Baseline Protocol Reference Implementation Hits Milestone
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By Baseline Outreach Team Recently, the Baseline Core Developer Community announced on the Baseline Show the completion of a major milestone for the third Baseline Reference Implementation (BRI-3), which focuses on simplifying the implementation and use of the Baseline Protocol. ...
Uniswap holders ditch Ethereum for BNB PoS Chain to deploy V3 protocol
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Holders of Uniswap (UNI) have decided to deploy the third version of the decentralized exchange (DEX) protocol on BNB Chain, a rival of the Ethereum network. In a proposal posted on Jan. 17, Ilia Maksimenka, the CEO of the decentralized ...
Masa Finance launches soulbound Web3 identity protocol for Ethereum, Celo
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Masa Finance has launched the first soulbound identity protocol for the Ethereum mainnet, according to a Jan. 17 press release shared with Cointelegraph. The protocol will allow for standardized soulbound tokens to be minted on Ethereum for Know Your Customer ...
EEA Publishes QBFT Blockchain Consensus Protocol
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Today EEA is proud to publish the QBFT Blockchain Consensus Protocol, a Byzantine Fault-Tolerant Proof-of-Authority consensus algorithm designed for Consortium use. QBFT is an evolution of the “Istanbul BFT Consensus” algorithm (IBFT) described in EIP-650 that provides improvements in reliability ...