Category: Network
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Pi Network mainnet launch progresses, yet risks persist
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Pi Network’s long-awaited mainnet launch is moving forward as Bitcoin forms a rare death cross pattern. Pi Network developers have been working hard this year to ensure the blockchain transitions from a closed mainnet to a public mainnet. In a recent post, they noted that they are making good progress…
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Akash Network Price Moves Up 20%, Boosting Investor Confidence
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The value of Akash Network (AKT) has surged again as the platform gains investor interest in the decentralized cloud computing landscape. According to quinjicoThe token has risen 20% since last week as fear, uncertainty and doubts that plagued the market recede. Related reading The platform is slowly expanding its operations…
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Polyhedra Network launches Proof Cloud in open beta
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Polyhedra Network announced the launch of the open beta version of Proof Cloud at Google ZK Summit. Proof Cloud is designed to make ZK proofs more accessible in both Web 2 and Web 3 environments. Backed by Google Cloud, Polygon (MATIC), Linea, and Lita, Proof Cloud aims to meet the…
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Lightning Network In A Class Of Its Own At Bitcoin 2024 Conference
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I was asked repeatedly throughout this year’s Bitcoin 2024 conference to name the most notable thing about that moment—the signal amidst the noise. As I returned from Nashville, it occurred to me that each time, I was never able to answer the question satisfactorily. Partly because I simply couldn’t keep…
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Casper Network says security breach contained, network still halted
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Blockchain platform Casper Network has announced to the community that a “major security breach” that occurred yesterday has been contained. Casper Network Suspends Operations In a post on X today, July 28, the team behind the Casper Network (CSPR) announced: Advertise The issue is still being resolved, but the security…
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Stablecoins Are Coming To Bitcoin’s Lightning Network
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The world of financial assets and altcoins has officially arrived in Bitcoin. And if it wasn’t already clear after the new series of protocols spawned by the Ordinals movement, launch Lightning Labs’ native Taproot Assets protocol feels like a dedication to this phenomenon. More than two years after the protocol…
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Pi Network price stalls as traders wait for the ‘real deal’
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The Pi Network token price has been in a consolidation phase since March as investors await the promised mainnet launch. Pi Network Price Chart IOU token remained stuck at $40 in a low volume environment. Pi Network Mainnet Launch There are indications that Pi Network developers are preparing to launch…
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Polygon Network To Transition From MATIC To Cutting-Edge POL On Sept 4th, 2024
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The world of blockchain technology is in a state of constant evolution, with innovative blockchain projects constantly redefining the boundaries of what is possible. At the forefront of this dynamic landscape stands polygon mesha pioneering solution compatible with Ethereum’s Layer 2 virtual machines that has caught the attention of the…
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Polygon Network To Transition From MATIC To Cutting-Edge POL On Sept 4th, 2024
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The world of blockchain technology is in a state of constant evolution, with innovative blockchain projects constantly redefining the boundaries of what is possible. At the forefront of this dynamic landscape stands polygon mesha pioneering solution compatible with Ethereum’s Layer 2 virtual machines that has caught the attention of the…
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Up Network and Movement Labs partner to launch Web3 smartphone
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Up Network just announced a strategic partnership with Movement Labs, and unveiled Up Mobile, a smartphone dedicated to Web3. This partnership hopes to revolutionize the Web3 consumer experience by improving privacy, scalability, and ease of use. Up Mobile will use biometric sensors and zero-knowledge proofs to verify blockchain identity. The…
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Up Network and Movement Labs partner to launch Web3 smartphone
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Up Network just announced a strategic partnership with Movement Labs, and unveiled Up Mobile, a smartphone dedicated to Web3. This partnership hopes to revolutionize the Web3 consumer experience by improving privacy, scalability, and ease of use. Up Mobile will use biometric sensors and zero-knowledge proofs to verify blockchain identity. The…
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$2.4 Billion Worth Of Bitcoin Exit The Network As Bear Market Bites
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The Bitcoin market is experiencing a wave of uncertainty as a recent analysis by CryptoQuant reveals a major shift in investor behavior. Nearly $2.4 billion worth of Bitcoin, which investors may have acquired this year, has moved within the network, sparking debate about the reasons behind the exit. Related reading…
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Is Bittensor Safe? Network Halted After $8 Million Vanishes From Security Breach
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The cryptocurrency world took another hit this week as Bittensor, a prominent AI-focused project, was forced to shut down its network after a series of wallet hacks. Investigators suspect a private key leak may have been to blame, raising concerns about the security of the entire cryptocurrency ecosystem. On July…
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Lightspark Enables Institutions To Use The Bitcoin Lightning Network
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Company Name: spark of light Founders: David Marcus, Kevin Hurley, Christina Smedley, James Everingham, Christian Catalini, Jay Massari and Tomer Barrell Date of Establishment: April 2022; Series A May 2022 Headquarter Location: Los Angeles, California Amount of Bitcoin in the vault: Unavailable Number of Employees: 45 website: https://www.lightspark.com/ Public or…
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Lightspark Enables Institutions To Use The Bitcoin Lightning Network
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Company Name: spark of light Founders: David Marcus, Kevin Hurley, Christina Smedley, James Everingham, Christian Catalini, Jay Massari and Tomer Barrell Date of Establishment: April 2022; Series A May 2022 Headquarter Location: Los Angeles, California Amount of Bitcoin in the vault: Unavailable Number of Employees: 45 website: https://www.lightspark.com/ Public or…
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Polkadot Rocked By Explosive Claims Of Discrimination From Manta Network Co-Founder
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In a growing storm of controversy, the Polkadot blockchain platform is now facing accusations of discrimination and toxicity within its ecosystem, as well as concerns about an impending Funding crisis To her closet. Polkadot Criticized for Neglecting Asian Developers The co-founder of the decentralized Manta Network, Victor Ji, recently took…
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Pudgy Penguins Ventures Into Ethereum Layer-2 With User-Centric Abstract Network
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In the rapidly evolving world of blockchain and cryptocurrencies, Fat Penguins NFT The project has emerged as a pioneer, setting its sights on an ambitious endeavor – creating a user-centric Ethereum Layer-2 blockchain network. This strategic move by the Pudgy Penguins team, led by parent company Igloo, Inc., aims to…
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Pudgy Penguins Ventures Into Ethereum Layer-2 With User-Centric Abstract Network
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In the rapidly evolving world of blockchain and cryptocurrencies, Fat Penguins NFT The project has emerged as a pioneer, setting its sights on an ambitious endeavor – creating a user-centric Ethereum Layer-2 blockchain network. This strategic move by the Pudgy Penguins team, led by parent company Igloo, Inc., aims to…
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Akash Network surges 20%; AAVE, KASPA eye further upside
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akash network (ACT) showed strong price performance, with a notable increase of 20% over the past week, amid widespread market volatility. The token has managed to reclaim its 20-day exponential moving average (EMA), suggesting that further upward movement is possible. AAVE and KASPA are also in the green this week.…