Tagged: ethereum scaling

CBDCs: Nahmii to Work with Norges Bank on Central Bank Digital Currency Sandbox Project

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Nahmii AS are pleased to confirm that they have been chosen to work with Norges Bank (the central bank of Norway) on their upcoming experimental CBDC (central bank digital currency) sandbox project. This “prestigious” award confirms Nahmii AS’s position as “a global leader in the… Read More

TRM Integrates with Polygon to Offer Risk, Compliance Monitoring Capability

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TRM Labs, which claims to be the industry “leader” in crypto compliance and risk management solutions, announced its integration with Polygon, an Ethereum scaling platform “onboarding millions to Web3, to provide a full suite of anti-fraud and financial crime tools to members of the Polygon… Read More

Scroll, an EVM Compatible zk-Rollup Project to Scale Ethereum, Raises $30M

Ethereum cryptocurrency

Scroll, an EVM-compatible zk-Rollup project to scale Ethereum and “create a platform that is friendly for users onboarding crypto,” recently secured $30 million from researchers and developers, members of the Ethereum community, and investment firms “including Polychain Capital, Bain Crypto, Geometry DAO, and Mapleleaf Capital.”… Read More

SIMBA Chain, Polygon Unite to Grow NFT, Metadata Capabilities

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SIMBA Chain, a chain-agnostic API development platform providing pathways to blockchain technology for cloud-based technology companies, has announced that it will integrate with Polygon, a leading platform for Ethereum scaling and infrastructure development, in efforts to further enhance blockchain technology adoption and innovation. To date, SIMBA Chain and… Read More

Ethereum Alternatives like Avalanche, Solana, BSC Offer Performance Benefits, but Sacrifice Certain Degree of Decentralization: Report

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Amber Group, a firm that helps clients buy and sell cryptocurrency products, earn yield, manage risk, and access liquidity, notes that one of the most “pressing” challenges that the Ethereum (ETH) network faces is scalability. In an extensive report, Amber Group explained that this issue… Read More

Surojit Chatterjee from Coinbase Says that Ethereum (ETH) Scalability Should Improve in 2022, as Industry Welcomes Next 100M Users

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Surojit Chatterjee, Chief Product Officer at Coinbase (NASDAQ: COIN), notes that 2021 proved to be “a breakout year for crypto” with Bitcoin (BTC) price gaining nearly 70% YoY, DeFi hitting $150B in value locked, and NFTs “emerging as a new category.” Chatterjee has shared his… Read More

Ethereum Scaling Solution Nahmii Provides Updates on Withdrawing Funds, Announces More Developer Support

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Layer 2 scaling solution Nahmii has shared updates regarding users’ ability to withdraw funds from Nahmii to Ethereum via their bridge. As the team reaches the end of a busy year for the Nahmii project, they wanted to share a timely update with the community… Read More

Web3-Enabled Browser Opera to Unite With Polygon

Opera Browser iPhone

Opera, a mobile browser with Web3 support and built-in crypto wallet, this week announced an upcoming browser integration with Polygon, an Ethereum scaling platform. The integration is set to occur in Q1 2022 and will provide users in-browser access to more than 3,000 dApps on… Read More

Arweave Storage Now Natively Available in Polygon

Blockchain Rainbow

Interoperability is an increasingly vital topic within the blockchain and distributed ledger tech (DLT) sector, as it continues to expand the possible functionalities that DLT networks can provide to their respective ecosystems once they’re well-connected. Permanent and scalable storage via Arweave is one such functionality… Read More

Ethereum Scaling Solution Polygon Teams Up with DraftKings to Support NFTs, Secondary Markets

Ethereum cryptocurrency

Polygon, an Ethereum-powered scaling platform on-boarding consumers to Web 3.0, has announced a blockchain collaboration with DraftKings Marketplace, a digital collectibles ecosystem built by DraftKings (Nasdaq: DKNG) for “mainstream accessibility to support custom NFT drops along with secondary-market transactions.” This deal offers DraftKings Marketplace with… Read More

Ethereum Layer 2 “Powerhouse” Established After Polygon and Hermez Public Network Merge

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The teams at Polygon and Hermez Network have reportedly agreed on a “public network merge.” This development has come just a few weeks after discussions and has been possible because of the “great level” of harmony between both teams, which “share the common goal of… Read More

Jacobo Toll-Messia: Ethereum Scaling Solution Nahmii Founder Reveals They’re Focused on Real-World, Commercial Use-Cases for Blockchain

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We recently caught up with Jacobo Toll-Messia, the Founder and CEO at Nahmii AS, which is focused on providing layer-2 scalability solutions for Ethereum (ETH), the world’s largest smart contract platform. Jacobo talked about the different approaches taken to effectively scale enterprise-grade blockchain or distributed… Read More

Ethereum and Web 3.0 focused SKALE Network Rolls Out First Set of dApps for MainNet Launch

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SKALE Network, the multichain network of “unlimited” Ethereum blockchains for powering Web 3.0 today, has initiated a roll out of the first decentralized applications (dApps) to go live on Mainnet. As mentioned in an update shared with CI, the release of the SKALE IMA bridge… Read More

Balancer Joins Polygon Summer of Decentralized Finance with $10M in Joint Crypto Token Initiatives

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Balancer has joined Polygon’s summer of DeFi with $10 million in joint token incentives. Balancer Protocol has introduced support on the Layer 2 solution Polygon in order to lower gas costs. Polygon (MATIC) has experienced steady user adoption in 2021 with major decentralized finance (DeFi)… Read More

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