Layer 3 Blockchain Degen Chain Cuts Block Production For Hours
Degen Chain, a leading Layer 3 blockchain network, stops block production for almost 12 hours. As platform stability concerns grow, stakeholders demand answers. Degen Chain, a Layer 3 blockchain network, has encountered an unexpectedly severe disruption that has prevented the generation of blocks for more than 11 consecutive hours and is still climbing. This unexpected […]
All ETFs and Mutual Funds to Utilize Blockchain, Franklin Templeton CEO Says
Jenny Johnson, CEO of Franklin Templeton, reaffirms support for blockchain, discussing tokenization and generative AI at the Milken Institute Global Conference. At the 27th Annual Milken Institute Global Conference in California, Jenny Johnson, the CEO and President of Franklin Templeton, a financial firm managing $1.6 trillion in assets, recently reaffirmed her support for blockchain technology […]
Optimism to Launch Superchain Features for Layer-3 Devs
Ethereum layer-2 scaling provider Optimism has introduced new superchain features for its Layer-3 devs to help increase the output of its blockchain. Optimism, a provider of scaling solutions for Ethereum, intends to increase the throughput of its blockchain by integrating layer-3 applications onto the OP Stack. The Optimism team announced on May 8 that layer-3 […]
Cardano Foundation Unveils PRAGMA for Open-Source Project
The Cardano Foundation and four partners unveil PRAGMA, a non-profit promoting open-source blockchain projects. It aims to foster collaboration and development in the blockchain community. PRAGMA is a new not-for-profit organization established by the Cardano Foundation, Blink Labs, dcSpark, Sundae Labs, and TxPipe to promote open-source blockchain software initiatives. PRAGMA was announced in collaboration with […]
Telegram to Tokenize Emojis, Stickers NFTs on TON Blockchain
Telegram’s CEO Pavel Durov announced significant intentions to tokenize functionalities and distribute advertising revenue among users on The Open Network (TON). Durov, addressing a packed audience in Dubai, extolled the capabilities of blockchain technology to advance liberty and privacy before delineating ambitious strategies to expand The Open Network’s functionality. “Why we adore blockchain technology.” This […]