The Cosmos community will vote on Oct. 31 on a proposal to approve changes to the network’s Hub.
The post Cosmos to vote on new security model for network’s Hub next week appeared first on The Block.
Matter Labs, developer of zkSync, said it’s working on a Layer 3 chain called Opportunity.
The post ZkSync is working on Layer 3 blockchain for Ethereum appeared first on The Block.
The Blockchain Association has filed an amicus brief in the ongoing battle between the SEC and Ripple Labs.
The post Blockchain Association files amicus argument in Ripple case appeared first on The Block.
Bakkt will report an impairment loss of between $1.3-1.4 million in the third quarter.
The post Bakkt to report charges of up to $1.4 billion in Q3 appeared first on The Block.
Quick Take
- In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
- The anticipated launch of the Move-based L1 chains Aptos and Sui has captured significant market attention in 2022, partly due to curiosity over the expected performance enhancements and novel user experiences enabled by the MoveVM
- After an initially chaotic token and mainnet launch stemming from a lack of clarity over APT tokenomics, the Aptos ecosystem is now well underway in terms of building out the core DeFi products necessary for enabling capital flexibility and user growth
- In just a short period of time after launch, a few key pieces of infrastructure have already enabled capital to flow freely into the ecosystem, at the same time revealing some of the unique challenges that will need to be addressed in order to facilitate user and developer migration from EVM chains
Quick Take
- Share prices for most bitcoin miners rose in the markets on Friday.
- Digihost Technology, Stronghold Digital Mining and Hut 8 were among the most well-performing stocks.
- Bitcoin mining stocks also went up over the course of the week.
Loan originations dropped by 79% at a genesis from the second quarter of the year to the third quarter.
The post Genesis loan originations down 79% during crypto winter appeared first on The Block.
Core Scientific owes about $1 billion to creditors, which include MassMutual, and has said that it won’t be able to make payments by the end of the month.
The post MassMutual, BlockFi are among bitcoin miner Core Scientific’s biggest creditors appeared first on The Block.
Rune Christensen has come under some criticism for influencing a MakerDAO governance vote that will upend the DAO’s structure.
The post Maker founder uses influence to pass vote that breaks up the DAO appeared first on The Block.
Matter Labs, the developer of zkSync, has launched the zkSync 2.0 mainnet but is controlling access for now.
The post Matter Labs releases first phase of zkSync 2.0 mainnet called ‘baby alpha’ appeared first on The Block.
