Friday, October 18, 2024
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Gnosis Chain spends $5M on validator incentive program for decentralization

Gnosis Builders, developer of blockchain network Gnosis Chain, has announced a $5 million project to increase the number and diversity of validators through incentive mechanisms. The new project is called “Gnosis VIP,” according to an April 18 announcement from the company.As part of the new project, Gnosis is launching a

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Validator service to use API for ETH staking process

Ether (ETH) unstaking, brought about by the Shappella upgrade, a service aimed at validators, is aiming to make staking easier by utilizing Application Programming Interfaces (APIs). In an announcement, blockchain infrastructure provider InfStones said that it's expecting a heightened market demand for ETH staking as the Shanghai upgrade comes. Capitalizing on

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Tether blacklists validator address that drained MEV bots for $25M

Tether, the issuer behind the leading stablecoin USDT has blacklisted an address that drained Maximal Extractable Value (MEV) bots for $25 million last week. The address in question exploited a bug in MEV-boost-relay to outsmart the MEV bots trying to execute a sandwich trade. Sandwiching occurs when one order is placed

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Google Cloud to Become Tezos Validator and Offer Validation Services – News Bitcoin News

Google Cloud, the remote services division of the software giant, has announced a partnership with blockchain company Tezos to become a block validator (“baker”) in its network. As part of this partnership, Google Cloud will also offer Tezos validation services through its platform, allowing easier deployment for customers worldwide. Google

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