Community Labs Ignites Arweave with $35M AO Ventures Program

Community Labs unveils the commencement of AO Ventures, a ten-week business incubator geared towards fostering the expansion of the Arweave network. With an investment of $35 million, this program will begin on April 23, offering a prosperous environment for the development of inventive decentralized storage technologies. It’s time to build. — ao (@aoTheComputer) April 11, … Read more

Chainlink launches Transporter to facilitate secure cross-chain transfers

Chainlink introduces a new app called Transporter, simplifying the transfer of cryptocurrencies and information between various blockchain networks. The app promises to facilitate affordable, high-value token transfers between blockchains, ensuring a safe and reliable transaction process for users. Using Chainlink’s CCIP through the Transporter simplifies the process of leveraging its security advantages for moving significant … Read more

Bitcoin mining difficulty marks new high before halving

Bitcoin’s mining difficulty achieved a record high of 86.4 trillion amid upcoming halving in April. According to data from btc.com, the mining difficulty for Bitcoin (BTC) reached an all-time high of 86.4 trillion, with companies ramping up their computing power in preparation for the upcoming bitcoin halving event scheduled for later this month. The mining … Read more

Chainlink Introduces Transporter for Simplified Crypto Transfers

Chainlink introduces Transporter, a new tool that simplifies the process of moving cryptocurrency tokens and messages between different blockchain networks. Backed by Chainlink’s Cross-Chain Interoperability Protocol (CCIP), this project aims to boost security and improve the speed of cross-chain transactions. Introducing @transporter_io, the latest advancement in inter-chain connectivity, fuelled by Chainlink’s CCIP! Transporter serves as … Read more

Sam Bankman-Fried requests to remain in Brooklyn prison until appeal

Sam Bankman-Fried, the founder of FTX, asked for approval to remain at a holding facility in New York City on a temporary basis. Based on a filed document in the U.S. District Court, Bankman-Fried’s lawyers are asking for permission for him to remain at the Metropolitan Detention Center in Brooklyn. Beginning from August 2023, Bankman-Fried … Read more