Ankr has officially launched its RPC and AppChain solutions on Microsoft Azure Marketplace. Meanwhile, Animoca Brands said it will focus on markets outside the US. Archway, on the other hand, announced the airdrop to both Axelar Bridge users and ATOM stakers. We have compiled the hot news from altcoins for our readers.
Last minute panorama for ANKR, SAND, ARCH and 9 altcoins
Ankr Enterprise RPC Now Available on Microsoft Azure
Ankr, the all-in-one Web3 developer center, has officially launched its Enterprise Remote Procedure Call (RPC) and AppChain solutions on the Microsoft Azure Marketplace. This release aims to provide seamless access to the Blockchain infrastructure for Azure’s large customer base. It also follows the partnership announcement Ankr and Microsoft made earlier this year.
Animoca Brands shifts focus from the US
cryptocoin.comAs you follow, the SEC has designated Animoca Brands’ SAND token as an unregistered security. Following that, the firm said it would focus on markets outside the United States. According to Yat Siu, co-founder and president of Animoca Brands, the company operates globally and does not focus on just one region. Siu stressed that the SEC’s actions will not have a significant impact on Animoca Brands’ presence in the wider markets where the Sand token is widely accepted and available. This includes progressive jurisdictions such as Hong Kong and Japan.
Archway (ARCH) announces Genesis airdrop
Archway (ARCH), a blockchain project built on the Cosmos network, has made an exciting announcement that will benefit both Axelar Bridge users and ATOM stakers. The project has announced the Archway Genesis Airdrop. In this way, it aims to encourage cross-chain development and expand the growing Cosmos ecosystem. As a show of support for the Cosmos and Archway communities, Archway plans to allocate 50 million ARCH tokens, equivalent to 5% of the genesis supply, in multiple waves to deserving members. This airdrop is an important step towards achieving their shared vision of a decentralized future.
Lens Protocol raises $15 million in funding
Aave Companies, a leading technology company specializing in the development of protocols and applications involving decentralization and Blockchain technologies, announced the successful raising of $15 million in funding for Lens Protocol. Lens Protocol is regarded as the user’s social layer of the internet. Accordingly, it provides a decentralized ecosystem that benefits users, creators and builders in the web3 space. Thus, it aims to revolutionize the web.
Polygon Spinoff begins phase 2 of Avail Network Testnet
This second phase will include a more comprehensive testing environment to encourage validator participation. According to the developers, the upcoming Avail network will release the second phase of the “Kate” test-net months after the layer-2 scaling protocol leaves Polygon. The initial testnet phase allowed Avail to try basic operations, running on-chain functions. It also allowed him to run protocol management. This second phase will include a more comprehensive testing environment to encourage validator participation.
Circle’s local USDC is live on Arbitrum
Circle announced that the local USDC is now live on the Arbitrum network. In line with this, he stated that it is possible for developers and users to access without a bridge. He also noted that the Circle Account and the Circle API allow businesses to access Arbitrum USDC and take advantage of the faster payment times and lower costs that the Arbitrum network offers. Meanwhile, Arbitrum has become the 9th Billockchain to support native USDC.
Linea will be released on June 12
ConsenSys’ zkEVM project Linea has announced that it will release Alpha v0.2 on June 12 at 20:00 CET to prepare for the man-net launch with a major architectural upgrade. It also officially announced that the bridge functionality will likely be suspended for 4-6 hours during this time.
OKX Ventures announces investment in Taiko
OKX Ventures announced that it has invested in Taiko, a Layer-2 network based on zkRollup that allows developers and users to experience Ethereum securely, with lower transaction fees, and without having to account for any changes. The founder of the project, Dora, said that Taiko’s zk-EVM structure at the Type1 layer, or full Ethernet equivalent, is the most promising project in the zkEVM field today. He also noted that he is one of the top five players in ZK-EVM, which Ether founder Vitalik Buterin noted in a tweet.
Enjin launches Enjin Blockchain
Blockchain game development platform Enjin has announced the launch of Enjin Blockchain. The developers designed Blockchain for protocol-level NFTs and other digital assets. It also built Blockchain on the open source Substrate framework. Meanwhile, Enjin Blockchain is not based on smart contracts. But it does allow for the direct integration of core functions such as creating, using and transmitting NFTs.
Blur updates bid points mechanism
NFT marketplace Blur has updated its Bid Score mechanism with a social media post. Accordingly, it stated that NFT transfers will no longer be rewarded with BLUR for loyalty, counterfeit deals and false offers. Loyalty is critical for Season 2. Also, transferring NFTs to other markets will reduce loyalty. It won’t reflect that in the UI either. However, transactions transferred to other markets will be tracked in the backend, reducing the loyalty of the relay. In addition, fake deals and false offers will be filtered out from Season 2.
Kava announces launch of Hover lending protocol
Kava Chain’s official Twitter account announced that it will launch the Hover lending protocol in the Kava ecosystem with Rome Blockchain. The protocol will pave the way for cross-chain deposits between multiple Cosmos regions and Blockchain networks through Kava’s seamless cross-chain interoperability. It will also expand the protocol’s coupling possibilities.
Optimism made ETH the native cryptocurrency
Blockchain data confirmed the change in ETH’s transactions following a $550 million transfer. The change occurred in conjunction with Optimism’s “Bedrock” upgrade this week. According to a representative of the project, under the new setup, ETH will function locally on the network like Optimism’s own OP token.
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