Cryptocurrency Analysis and News Portal
On Feb 23, crypto exchange Coinbase announced the launch of Base — an Ethereum layer-2 network. The company claimed that this new network will offer a low-cost, secure, developer-friendly environment for building decentralized apps (DApps) on the blockchain.According to Coinbase, Base is designed to be a bridge for users into
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press release PRESS RELEASE. After over a year of preparation and restructuring, decentralized and privacy-enabled AI organization Federated Learning Consortium (FLC) is set to launch as a for-profit research consortium in Hong Kong, China, shifting from a previously non-profit approach. FLC is set to be led by founding keystone members
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Tencent Cloud has expressed commitment to building, supporting, and growing the global Web3 community. Tencent Cloud recently announced its support for the global Web3 ecosystem development. The cloud business by Tencent also introduced new products to facilitate Web3 creation and consolidation. Tencent Cloud expressed its commitment at the first global Web3 summit, with Poshu Yeung, Senior Vice
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The platform has 2,500 nodes, with storage costs averaging 50 cents per terabyte per month. Original Source
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The utility FIL token jumped 62% over the past week. Decentralized storage protocols recently gained attention as their use has increased, an analyst said. Source
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The $4 million combined seed and pre-seed round included participation from Blockchain Capital, Maven 11 and other investors. Original Source
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Infrastructure projects and regulatory-resistant protocols have attracted cautious investors. Source
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The surge in users and transaction volume in the past day corresponds with the launch of TROVE, the governance token for yield-bearing index protocol Arbitrove, which is also built on Arbitrum. The public sale of TROVE occurred on Camelot on Friday, Feb. 17, and will end on Monday, Feb. 20,
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“The advancement of the technology backing stablecoins is a necessary component to unlock the future of finance,” said Johann Eid, vice president of Go-To-Market at Chainlink Labs, the developer firm behind Chainlink. “As more and more traditional financial institutions partner with MakerDAO and assess the applicability of DeFi, the required
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Developer activity and adoption is the key to success, the report said. Source
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