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Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused silicon and collaborate in the development of its cryptographic-focused chips. Chain Reaction
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Illicit market participants are cashing in on the soaring popularity of ChatGPT by issuing fake tokens on several blockchains. According to reports, no-gooders are taking advantage of the ongoing ChatGPT rave by issuing fake tokens. These malicious market participants have issued fake tokens branded after ChatGPT in the past few weeks. 132 of
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Chris Georgen, founder of the social impact-focused blockchain company Topl, believes that many consumers are unaware of the consequences of their buying habits. “Forced labor, deforestation, the destruction of endangered habitats… As responsible citizens of the world, we wouldn’t
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Of over 172 tokens branded after ChatGPT that were issued, over 132 different tokens have been issued on BNB Chain, the most among blockchains. Source
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Köppelmann cited bridge risks as a key factor in his proposal. “Currently, the bridge has the right to mint unlimited GNO tokens on Gnosis,” he wrote. “Of course, it is only supposed to mint GNO tokens on Gnosis if an equivalent amount has been locked on Ethereum (and that should
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BNB Chain, the world’s largest smart-contract blockchain in terms of transaction volume and daily active users, plans to make what it called significant improvements in performance, scalability, security, decentralization and infrastructure this year, according to a technical road map shared with CryptoX. Source
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Web3 infrastructure firm Jump Crypto has discovered a vulnerability in the Binance BNB Beacon Chain, which would allow the mint of an unlimited amount of arbitrary tokens. The issue was privately disclosed to the BNB team, enabling a patch to be developed and deployed within 24 hours.In a blog post
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“POS chain continues to exist and operate the way it does today. And the Polygon zkEVM will be a separate network,” Bjelic said. “We will have two networks running in parallel, with different value propositions, i.e. features and tradeoffs. Each application will be able to decide which level of security,
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Web3 infrastructure developer ConsenSys, the maker of the popular MetaMask digital wallet, has cast 7.03 million votes in favor of a proposal that would see decentralized exchange Uniswap’s v3 protocol deployed on BNB Chain, according to data from Tally. The votes are denominated by the number of underlying UNI owned
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The Binance-native blockchain BNB Chain has continued to show steady activity growth in the fourth quarter of 2022 despite the broader crypto bear market according to recent research.In a “State of BNB Chain Q4 2022” report published on Feb. 5, Messari researcher James Trautman revealed that the Binance network had continued
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