Near Protocol News

IBC is going to allow assets to move between blockchains without the high level of risk inherent to bridging.

The stablecoin issuer said Apple Pay support allows traditional businesses to experience the benefits of crypto settlement while allowing crypto businesses to engage with non-crypto-using customers.

The hacker appears to have drained the platform of 1.1 million NEAR tokens, worth approximately $3 million at time of publication.

The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure.

Under a partnership with Near Protocol, Google Cloud will support Near developers in building and scaling their Web3 projects and DApps.

Tether USDT is now live on 11 blockchain networks, including the Near Network, Polygon, Kusama, Ethereum, Omni and others.

As part of Delphi Digital’s research into major ecosystems to find a new focus for its R&D arm, the firm has selected Cosmos over Ethereum as it thinks the latter is too slow and expensive.

The attempt was suppressed within 31 seconds, with the attacker losing their 5 ETH safety deposit.

“A student can build an app without needing to learn new languages without needing to learn new skills,” said Near founder Illia Polosukhin.

As explained by Near Foundation’s Nicky Chalabi, projects like Tracer seek alignment with the core values of the ecosystem that can support the company’s roadmap in time to come.

According to Pocket Network, the latest integration with NEAR allows native developers to deploy their applications on other supported blockchains, including Ethereum, Solana, Polygon and more.

Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity Labs to attract new developers.

Near Foundation backs Kenya-based blockchain community Sankore to educate and train blockchain developers and analysts to support the growth of local projects.

A few days of consolidation from BTC price could lead to a healthy bounce from LUNA, NEAR, VET and STEPN.

In an interview at the Paris Blockchain Week Summit, NEAR Foundation CEO Marieke Flament shared insights on institutional investments, regulation and DAOs.