PayPal Explores Blockchain’s Layer 2 Solutions and NFTs
PayPal’s blockchain patent aims to streamline payments between users and merchants across different network layers. PayPal is reportedly investigating new opportunities in the blockchain space, particularly with additional Layer 2 solutions and non-fungible tokens (NFTs). According to a succession of recently published patent applications, PayPal’s research and development priorities revolve around several key areas. The […]
India to Create Dark Net Tool to Combat Crypto Fraud
According to a report, the utility will monitor crypto wallets and notify the Indian Ministry of Home Affairs of irregular transactions. According to reports, the Indian Ministry of Home Affairs (MHA) is constructing a crypto intelligence tool in response to increased illegal activities involving cryptocurrencies in the country. According to a CNBC report, the MHA’s […]
Remitano Reportedly Hacked For $2.7M; Tether Freezes $1.4M
Over $2.7 million was withdrawn from the Remitano exchange’s wallet by a single account, resulting in suspicious transactions. On September 14, the cryptocurrency exchange Remitano encountered large withdrawals under suspicious circumstances, leading some blockchain analysts to conclude that it may have been compromised. Cryptocurrency worth $2,7 million has been withdrawn via suspicious transactions. Tether has […]
Manta Network’s layer-2 Scaling Network Hits mainnet
Manta Network has launched its zero-knowledge proof layer-2 scaling network, which promises DApp reduced fees and higher throughput. Manta Network’s ZK-as-a-service platform introduces a new participant to the ecosystem of layer-2 blockchain solutions fueled by zero-knowledge (ZK) proofs. Using ZK-proof technology, Manta Pacific is a modular L2 designed to enable Ethereum Virtual Machine (EVM) -native […]
Avalanche’s HyperSDK Upgrade Achieves 143K TPS on Testnet
Avalanche is currently testing a framework for building high-performance Virtual Machines (VMs) from scratch on the network. Blockchain layer-1 contract network During testing of the HyperSDK blockchain upgrade, Avalanche’s testnet reportedly surpassed 140,000 transactions per second. Avalanche is evaluating a network-based framework for constructing high-performance Virtual Machines (VMs) from scratch. Ava Labs claims that HyperSDK […]