Hot News from Solana, Hedera, Conflux and Kipto Market!

DWF Labs is launching Proof of Stake node on the Conflux network. DCG is opposing the bankruptcy plan proposed by its subsidiary Genesis Global Capital. Following the network outage, Solana is preparing to reboot. Oasys Blockchain announced that it has integrated NFT marketplace X2Y2 Pro into its gaming ecosystem. And more!

There is hot news in Solana, Hedera and the crypto market…

DWF Labs launches PoS node on Conflux network

DWF Labs launched Proof of Stake (PoS) node on the Conflux network. Thus, he reaffirmed his belief and support in the long-term value of the project in BTC innovation. DWF Labs contributes to the security, stability and sustainable ecosystem growth of the network by staking resources and operating the private enterprise PoS node. These PoS nodes will support Conflux’s mission to innovate the Bitcoin ecosystem, specifically the upcoming BTC Layer-2 (L2) solution.

zkLend has launched a preview of the ZEND airdrop page

Announced that the preview of the ZEND airdrop page of zkLend, a DeFi protocol in the Starknet ecosystem, has launched. However, he stated that no snapshots have been taken yet.

DCG opposes subsidiary Genesis’ bankruptcy plan

Digital Currency Group (DCG) is opposing the bankruptcy plan proposed by its subsidiary Genesis Global Capital. Thus, he states, Genesis offered to pay its customers amounts in excess of their legal rights. DCG says the amount paid by Genesis to its customers and creditors should not exceed the value of its cryptocurrency assets at the time of filing for bankruptcy in January 2023. It argues that its proposal to provide additional benefits to its customers violates U.S. bankruptcy law.

Hedera cooperated with the Ministry of Investment of Saudi Arabia

Hedera, an open source proof-of-stake Blockchain, has signed an important partnership with the Saudi Ministry of Investment. In this regard, Hedera announced that it has signed a five-year partnership agreement worth $250 million. As part of the partnership agreement, Hashgraph Association launched DeepTech Venture Studio to develop technical solutions, including artificial intelligence and Blockchain, for local companies in Saudi Arabia. In this context, Hedera shared the following:

As part of a five-year agreement worth $250 million with the Saudi Ministry of Investment (MISA), The_Hashgraph Association announced the launch of its DeepTech Venture Studio, which empowers companies to develop innovative technological solutions.

Solana is preparing for a reboot

cryptokoin.comAs you follow from , Solana Mainnet-Beta experienced a network outage on Tuesday. As confirmed by validators, it encountered a performance hit that led to a temporary halt in trading activities. Laine, a Solana verifier, reported the situation on his social media account. In this context, “Solana Mainnet-Beta is experiencing a performance degradation. Block progress has now stopped. Core engineers and validators are actively investigating,” she said. According to data from Solana Blockchain trackers, the last blocks processed were observed at 12:52 UTC.

However, according to the latest data, Solana reboot progress has exceeded 30%. Once 80% of the network equity is activated, the network will restart.

solana

Phantom Wallet 3 surpassed million users

The number of users of Phantom’s Google Chrome extension exceeded 3 million.

solana

Oasys expands gaming ecosystem

Oasys Blockchain, a pioneer in blockchain gaming, announced Tuesday that it has integrated NFT marketplace X2Y2 Pro into its gaming ecosystem. In the statement, it was stated that this latest strategic move aims to allow players and users on Oasys to easily buy, sell or lend NFT assets, marking a ‘revolutionary’ transition to Web 3 games on the platform.

According to a team member from X2Y2, the integration with Oasys will greatly contribute to the advancement of Blockchain gaming by providing NFT holders and players with more opportunities and capabilities on their assets.

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