Quick Take Synapse is a cross-chain interoperability protocol that enables composability across different chains. The Synapse bridge leverages the protocol to enable cross-chain asset swaps and transfers. Synapse’s V2 upgrade introduces optimistic verification and the Synapse chain, which is an Ethereum-based optimistic rollup. Synapse’s native token, SYN, will be used to secure the chain and incentivize optimistic verification participants.
Category: The Block
Starkware has open-sourced a new version of its Cairo programming language as it prepares to do the same for its entire tech stack. The post Starkware open-sources latest version of its Cairo programming language appeared first on The Block.
Top South Korean exchanges will take gaming company Wemade’s wemix token off their books on Dec. 8, a little over a month since they issued an investment warning against the token. The post Korean exchanges to delist gaming company Wemade’s native token appeared first on The Block.
Polkadot-based blockchain interoperability protocol t3rn has raised $6.5 million in a round led by Polychain Capital. The post Polkadot-based protocol t3rn raises $6.5 million: Exclusive appeared first on The Block.
Proximity Labs, along with three decentralized exchanges on the Near Protocol blockchain — Orderly Network, Spin, and Tonic — announced a $10 million developer fund. The post Proximity Labs unveils $10 million developer fund for trading protocols on Near appeared first on The Block.
Crypto markets were relatively unchanged today, with equity and bond markets closed in the U.S., re-opening tomorrow for an abbreviated trading session on Black Friday. The post Wall Street closed until Black Friday, GBTC discount narrows on Thanksgiving appeared first on The Block.
Ethereum core developer Artem Vorotnikov says development work on the Akula client will stop in the wake of a Paradigm competitor. The post Ethereum node project Akula shuts down in wake of Paradigm competitor appeared first on The Block.
The EU’s Digital Decade policy program includes investing in a cross-border blockchain infrastructure as part of its goals for 2030. The post EU blockchain infrastructure plan proceeds as parliament passes digital policy appeared first on The Block.
“I am extraordinarily bullish about Kraken, Kraken remains [in] an extraordinarily strong position,” Blair Halliday, Kraken’s new UK head, said in an interview. The post As crypto exchanges reel, Kraken’s new UK head remains ‘extraordinarily bullish’ appeared first on The Block.