Solana Invests $100M in South Korean web3 Startups, Focus on Gaming
Solana blockchain’s key players Solana ventures and Solana Foundation have jointly raised a $100 million fund to support crypto projects in South Korea.
Coinbase Introduces a hub for rescinded hires to connect with the future employer
Coinbase has created a directory of rescinded hires to connect them with other opportunities in the wake of revoking their offers. The hub already has over 300 submissions.
Ethereum’s Ropsten test merge is expected to initiate in the next 48 hours
Ropsten, Ethereum’s oldest testnet, is about to undergo its transition to proof of stake — as one of the final tests ahead of the merge on the main Ethereum blockchain.
Ripple-Based Remittances Now Available to 54 Million Customers per New Bexs Collaboration
Bexs pay, a Ripple user, has now announced yet another collaboration, bringing Ripple remittance services to over 54 million Latin American Users
Cardano Metaverse Project Cardalonia, Launches Staking Platform Set To Launch Playable Metaverse Avatars
Cardalonia is a decentralized and fully customizable virtual world where players can build, own and customize their own experiences utilizing the Cardano Blockchain and earn $LONIA, the utility token Cardalonia.
ChangeNOW all Ready to support LUNA 2.0 and LUNC
Instant crypto exchange service ChangeNOW permits for swapping LUNA—the coin of the new Terra 2.0 blockchain, as well as LUNC, the old mainnet’s token.
Tether’s USDT Launches On Polygon
Tether has released its USDT stablecoin on Polygon (formerly Matic Network), expanding its reach in the crypto market. Just in case you don’t know, Polygon is the 11th blockchain
Terra Goes Live With New Blockchain and LUNA Airdrop
Terraform Labs took to Twitter today to confirm that the new network had started producing blocks. It was released at 06:00 UTC, accompanied by a token airdrop for previous LUNA and UST holders.
Terra to burn 1B UST from the community pool as holders vote for it
In the quest to support the revival of Terra (LUNA), the community voted to burn a large amount of UST from its community pool. Earlier in May, the Terra founder Do Kwon explained that a potential solution to the Terra debacle is to absorb the stablecoin supply.
Cardano (ADA) Adds Over 70,000 New Wallets within a Month In Spite Of Market Instability
Cardano ecosystem has been recording huge growth since the introduction of the Alonzo hard fork in September 2021, which implemented smart contract functionality on the proof-of-stake (PoS) blockchain