Near Protocol: A look at why recovery isn't as ‘NEAR' as it may seem

Founded by Alex Skidanov and Illia Polosukhin, NEAR Protocol prides itself as a development platform, with the concepts of sharding, proof-of-stake, and a layer-one blockchain designed for usability central to its operations. In the last few weeks, the Protocol recorded significant strides.

Timeline of Near-protocol

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.

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.

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

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

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.

The NEAR Protocol Rainbow Bridge has survived a potential heist, as an attacker's attempt to steal funds on the network was promptly uncovered and foiled by security bots on the platform, resulting in a loss of 2.5 ETH for the…

Near protocol escaped what would have been a massive hack after an hacker tried to breach the platform. The rampant nature of crypto hacks and scams has made life unbearable for most people as they are always on their edge when dealing in the market.

NEAR, the native token on the namesake protocol, surged on Tuesday as the blockchain's widely anticipated stablecoin, USN, began trading. NEAR jumped nearly 10% from a three-week low, and is currently trading around $14.8.