Breaking: Microsoft Partners With Ankr Network To Offer Enterprise Services

According to a press release shared with Bitcoinist, big tech giant Microsoft partnered with Ankr Network to launch a hosting service. The product will allow companies to access blockchain data via a “reliable, easy-to-use” platform.

Timeline of Ankr

Ankr, a decentralized Web3 infrastructure provider announced a partnership with Microsoft in order to provide support to organizations and enterprises requiring access to blockchain data and node hosting services. Microsoft's Azure Marketplace will make sure that the new service is readily and easily accessible.

The Shanghai upgrade is fast approaching, and Ethereum whales can't keep calm. Lido finance total value locked (TVL) recently passed that of MakerDAO and today tops the market at $7.6 billion, accounting for 16.96% of the entire DeFi TVL.

Despite Binance Coin's [BNB] staking derivatives post-recovery, following Ankr's exploit at the beginning of the month, BNB continued on a decline, data from CoinMarketCap revealed.

The trillion aBNBc exploit on ANKR protocol extended to several other crypto platforms. The protocol custodians identified the perpetrator and set a recovery plan to compensate the affected parties.

Ankr Protocol (ANKR) revealed that a former team member carried out the December 2 hack that led to a loss of around $5 million, according to a December 20 statement. The post Ankr reveals ‘former team member' carried our hack on protocol in early December appeared first on CryptoSlate.

As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience which in turn undermines the mass adoption cause.

Worst Polkadot Tokens This Week: The tokens on the Polkadot ecosystem have shown some optimism by going slightly up today. However, some of the major tokens in the chain have plunged down in the past 7 days.

Blockchain infrastructure platform Ankr has announced that it would be allocating $15 million to cover the bad debt as a result of its recent exploit.  Ankr To Buy Back Bad Debt  Blockchain infrastructure platform Ankr has announced that it is planning on allocating $15 million to buy back the bad debt which resulted from its recent exploit and the subsequent over-circulation of HAY tokens.

With an early comment on Friday in response to the theft of at least $5.5 million from BNB Chain liquidity pools and money markets, decentralized Web3 infrastructure provider Ankr attempted to reassure its community. The group verified that none of Ankr's additional products, including as validators, RPC nodes, and AppChain services, were impacted.

Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion The Ankr protocol's liquid-staking derivative, aBNBc, was exploited on December 1st through what appears to be a private key compromise Aside from a collapse in the price of aBNBc, the Helio protocol was also exploited as a secondary effect, with erroneously minted aBNBc being used to borrow excess amounts of the HAY stablecoin In this report, we analyze the original attacker's movements on-chain and examine the impact of the exploit on other parts of the BNB Chain ecosystem