Crypto News Today
The Pharos Network, a layer 1 blockchain built to bridge traditional finances and decentralized systems, launched its testnet. The Pharos Network aims to overcome the long challenges of the real-world asset (RWA) tokenization with institutional scalability and infrastructure. Former Executives of Antchain and Alibaba Blockchain, established, Pharos It aims to redefine how properties such as … Read more
ETHEREUM revolutionized the Blockchain world by introducing smart contracts and decentralized financing applications (Defi). However, its increasing popularity has revealed challenges such as high transactions fees and limited expansion. These problems paved the way for layer 2 solutions like polygon, which provides lower costs and faster speeds without sacrificing safety. Skyren Dao (skyrn) It takes … Read more
Quai Network’s Mainnet is scheduled to launch on January 29, 2025, accompanied by a Token Generation Event (TGE) on February 5, 2025. The network introduced a dual-token system with $QUAI, a utility token for dApps and smart contracts, and $QI, an energy-backed stablecoin designed for DeFi applications. Quai Network uses PoEM, a scalable and energy-efficient … Read more
Band Protocol has been rolled out on the Celo Alfajores L2 testnet, a major upgrade for DeFi development. By combining decentralized oracle technology with Celo’s scalable Layer 2 network, Band paves the way for secure, data-driven applications. This move is in line with Celo’s drive towards financial inclusion, giving developers a strong infrastructure on which … Read more