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Near Protocol NEAR/USD is a layer-1 blockchain that powers decentralized applications (dApps). However, it differentiates itself by utilizing what is known as Nightshade, which is a unique sharding technology. The network was launched in 2020 and offers cross-chain interoperability through the Rainbow Bridge, as well as a layer-2 solution known as Aurora. Aurora's $90 million […] The post NEAR's future after Aurora launches $90M fund for DeFi appeared first on Invezz.

The crypto market is down, but these digital assets have a lot going for them in the long term.

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.

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Aurora Labs allocated 25 million aurora tokens (about $90 million) from its DAO treasury for the fund. The post Aurora launches $90 million developer fund to boost DeFi on Near Protocol appeared first on The Block.

Solana, NEAR and AVAX were all trading over 20% lower on Wednesday, as global crypto markets continued to fall on hump-day. The cryptocurrency market cap is currently down 6.35%, as traders continued to digest the recent crash in the price of LUNA and UST. Solana (SOL) Solana was down by over 20% during Wednesday's trading […]

Introduction  Most people want to become financially stable, and to accomplish this goal they continue to uncover different methods. Many people consider the investment a great way to get financially independent but it's hard to figure out in which industry or sector one should invest.

In the last week, while other networks or Protocols complained of either terrible price or on-chain performance and security breaches, the NEAR protocol appeared to have made significant strides according to its weekly newsletter. Amongst other significant growth to the Protocol, reportedly, the number of unique contracts and daily growth of new wallets on the […]

This cryptocurrency has grown its total users by 4,200% since last May.

To trigger talent development, education, and blockchain innovation on African soil, NEAR Foundation, has launched a regional hub in Kenya in collaboration with Sankore, an African-focused blockchain community.

Near Foundation joined forces with the Kenyan entity Sankore to create a blockchain hub in the African nation.

Phemex launches NEAR/USD contract Trading pairSingapore, Singapore , May 09, 2022 (GLOBE NEWSWIRE) -- Ever since Phemex was founded in 2019 by Jack Tao and seven other former Morgan Stanley executives, the Singapore-based cryptocurrency exchange has ...

The NEAR Foundation aims to improve Kenya as it backed the blockchain community Sankore to educate developers and analysts and support the growth of the local projects so let's read more today in our latest cryptocurrency news. The Kenya-based blockchain community Snakore partnered with NEAR Foundation to launch a hub that aims to develop talent […]

While most cryptocurrencies have been negative in the past 24 hours, the Near Protocol is one of the few coins that is trading in green. The altcoin was 3% high during the early hours and retested the $11.5 mark.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After dropping towards its two-month baseline at the $9.77-level, NEAR bulls forced an upswing that the sellers finally negated near its ATH resistance zone in the $19-$20 range.

Bitcoin price remained in a bearish zone below the USD 38,000 level and extended losses below the USD 35,500 support. It is currently (04:04 UTC) showing bearish signs near USD 33,637 after recovering from USD 33,400. BTC is down almost 3% in a day and 12% in a week.

As the broader market crumbled all the way down to the $1.6T-mark at press time, the long-term HODLers have been trying to stall the boosted sell-off situation. Consequently, Cardano and NEAR fell below their 20/50/200 EMA while poking their multi-month lows on 8 May.

On Friday, bitcoin price movement reached its lowest daily closing since January 24, 2022. Until bulls decide to support BTC further, continued selling pressure and weakness are the most likely outcomes for Bitcoin. With caution, a well-known crypto trader and analyst is  expressing bullish optimism for Bitcoin (BTC). Bitcoin Altcoin Sherpa, a pseudonymous crypto trader, …

The cryptocurrency market has proven that it is here to stay as it continues to expand daily. One new crypto that is taking the attention of enthusiasts is Pac-Man Frog (PAC).

NEAR is gearing up to join the top tier of cryptocurrencies.

NEAR and ZIL suffer double-digit losses as the crypto market dips and a few other layer-1 coins are facing bigger losses so let's read more today in our latest altcoin news today. As the broader crypto market drowns in red, a few other coins like NEAR and ZIL are facing major losses.

As the broader cryptocurrency market bleeds red, several Layer-1 coins, like Zilliqa and Near, are facing significant losses.