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Absolute Coin News

Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s

By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs... Read more

Posted by cointelegraph.com 2 days ago

$2,000,000,000 Worth of Crypto Wash Trading on Ethereum-Based Decentralized Exchanges, Says Surveillance Firm

A crypto surveillance firm says that billions of dollars in fake market volume are flowing through decentralized exchanges (DEXs) on... Read more

Posted by dailyhodl.com 3 days ago

Astar Partners With Polygon to Target Japan’s Web3 Boom With New Scaling Solution

At the Token2049 conference in Singapore, Astar Network revealed it is joining forces with Polygon Labs to launch Astar zkEVM,... Read more

Posted by bitcoin.com 5 days ago

Scaling Solution Polygon (MATIC) Officially Rolls Out Three Improvement Proposals To Kick Off 2.0 Transition

Layer-2 scaling solution Polygon (MATIC) is introducing new proposed changes to the network’s protocols as the initial phase of its... Read more

Posted by dailyhodl.com 5 days ago

AxLabs introduces the 1ClickNode deployment service, opens pre-registration

AxLabs has opened pre-registration for 1ClickNode, its new Web3 node deployment service. As a promotion for early adopters, a free... Read more

Posted by neonewstoday.com 6 days ago

Matter Labs steps back as zkSync launches ecosystem portal managed by DappRadar

The launch brings Matter Labs one step closer to its goal of complete decentralization for the zkSync protocol.... Read more

Posted by cointelegraph.com 7 days ago

Meta ‘ruined’ the term metaverse, but now it’s evolving: Yuga Labs CEO

While Meta’s Horizon Worlds is suffering from a low user base, metaverse platforms have focused on building, says Yuga Labs... Read more

Posted by cointelegraph.com 7 days ago

FTX Approved to Sell $3.4B in Crypto; Tron’s Justin Sun, DWF Labs Consider Buying Cache

The bankrupt crypto exchange FTX received permission to sell its crypto assets valued at more than $3.4 billion after John... Read more

Posted by bitcoin.com a week ago

Movement Labs raises $3.4M to further develop smart contract language Move

Movement Labs said it raised $3.4 million in pre-seed funding to boost the security and adoption of its Web3-based Smart... Read more

Posted by cryptoslate.com a week ago

Decentralized exchanges a magnet for crypto wash traders: Solidus Labs

Token deployers and liquidity providers wash-traded over $2 billion worth of crypto on Ethereum-based DEXs since 2020, a Solidus Labs... Read more

Posted by cointelegraph.com a week ago

Sony subsidiary and Starlate join forces to build new blockchain for global Web3 infrastructure

Sony Network Communications, a subsidiary of the Japanese conglomerate, has announced a partnership with Starlate Labs to develop a new... Read more

Posted by cryptoslate.com a week ago

Ripple is staring down an opportunity to fix its closed system

Ripple Labs built its XRP token on a centralized system. But with legal action against Ripple coming to a close,... Read more

Posted by cointelegraph.com a week ago

New UK crypto laws pose stiff challenge for most firms, cautions Delphi Labs counsel

Delphi Labs general counsel Gabriel Shapiro warned that most crypto firms will struggle to comply with the new financial promotions... Read more

Posted by cryptoslate.com a week ago

FTX Estate Sues Layerzero Labs for $85M Over Alleged Fraudulent Deals and Asset Withdrawals Amidst Collapse

The bankrupt estate of cryptocurrency exchange FTX is suing blockchain company Layerzero Labs in an attempt to claw back a... Read more

Posted by bitcoin.com a week ago

FTX Seeks Payments Recovery from Top Athletes and Clubs

FTX is trying to recover the millions of dollars paid to celebrity athletes and sports teams who endorsed the now-bankrupt... Read more

Posted by financemagnates.com a week ago

Arbitrum's fraud proofs haven't been used in the two years since it launched

Offchain Labs co-founder Ed Felten said there were one or two fraud challenges submitted on a version of Arbitrum running... Read more

Posted by cointelegraph.com a week ago

Avalanche's HyperSDK blockchain upgrade hits 143K TPS on testnet

Ava Labs is testing a high-throughput framework that will enable developers to build their own virtual machines.... Read more

Posted by cointelegraph.com a week ago

FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy

FTX is seeking the cancellation of agreements made days before it collapsed, as well as the return of millions transferred... Read more

Posted by cointelegraph.com 2 weeks ago

SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’

The SEC highlighted contradictory conclusions from similar cases, along with other pending decisions as some of the contentious legal issues.... Read more

Posted by cointelegraph.com 2 weeks ago

Ripple Labs Acquires Blockchain Infrastructure Firm Fortress Trust

Crypto-based payments platform Ripple Labs is acquiring blockchain infrastructure firm Fortress Trust, the second major purchase for the company this... Read more

Posted by dailyhodl.com 2 weeks ago