Coinbase unveils its Ethereum Layer 2 network that won’t have a token

Coinbase is officially jumping into the Layer 2 game. The crypto exchange giant unveiled Base, a testnet version of its new Ethereum Layer 2 network, at ETHDenver. Modeled on Ethereum’s Go...

Obol to bring distributed validators to Ethereum this year

Obol Technologies has brought its distributed validator technology to the Ethereum mainnet for the first time in an internal alpha testing phase. If successful, the project aims to make Ethereum more ...

Web3 database developer Polybase raises $2 million in pre-seed funding

Deals • February 22, 2023, 9:01AM EST Published 30 minutes earlier on Polybase, a crypto startup developing a privacy-focused decentralized database, raised $2 million in a pre-seed funding round. ...

Animoca Brands invests in EthSign to back its new product TokenTable

Animoca Brands, a web3 investor focused on gaming and metaverse, invested an undisclosed amount in EthSign, a decentralized electronic signature platform. The investment will help EthSign contin...

Chorus One brings MEV protocol to Solana

The Solana blockchain may see a new open-source approach to maximal extracted value (MEV), according to a white paper produced by blockchain protocol architect, Chorus One. The version of MEV fo...

Coinbase loses Bison Trail co-founders: Sources

The co-founders of Bison Trails left Coinbase today, according to three people familiar with the situation. Joe Lallouz and Aaron Henshaw created Bison Trails to run infrastructure on multiple b...

LayerZero CEO denies accusations of critical trusted third-party vulnerabilities

LayerZero CEO Bryan Pellegrino denied accusations that LayerZero — in connection with its Stargate bridge — has two critical trusted third-party vulnerabilities. “It’s 100% factually incor...

Ivan on Tech’s Moralis becomes latest crypto firm to cut headcount

Moralis, a blockchain infrastructure firm co-founded by popular crypto content creator Ivan Liljeqvist (aka Ivan on Tech), is the latest crypto company to cut jobs, Liljeqvist told The Block. “I...

New tool lets Tornado Cash users privately show their funds were not illicit

A tool built by Chainway lets Tornado Cash users prove their initial deposits were not from a list of wallets containing stolen funds — without revealing their own address. Called Proof of Innoc...