Ankr is a decentralized cloud computing platform that utilizes idle computing capabilities from data centers and other devices to share computer resources. The platform was launched in March 2019 and was developed by a team with experience in leading technology firms like Amazon, Bitgo, Golmansach, Ethereum, Morgan Standley, Fitbit, Oracle, and others. Ankr is envisioned as a shared economy where businesses and users can profit from their spare computing capabilities via devices, servers, private clouds, and public clouds.
Ankr integrates with computer resources to create a homogeneous resource Cloud using the Distributed Cloud Computing Network (DCCN) technology. This technique allows users to quickly and readily access computer resources at a low cost, while resource providers earn from the sharing of processing power from their devices.
Ankr token (ANKR) is an Ankr ecosystem utility token that runs on the Ethereum network and adheres to ERC20 standards. It serves the following functions:
Ankr, a provider of Web3 infrastructure, has announced the launch of Electroneum RPC, an EVM-compatible L1 blockchain.
The move is aimed at enhancing speed, security, and energy efficiency.
Web3 infrastructure provider Ankr has launched the public testnet for its AI-focused Layer 1 blockchain, Neura.
Ankr Network’s ANKR token will act as Neura’s native cryptocurrency, with a mainnet launch anticipated later this year.
Token Spotlight: Ankr Network (ANKR), unlocking endless resources for Web3
Ankr Network provides a decentralized cloud computing resource management platform, building an ecosystem of people in need, resource providers, application developers, consumers,… for Web3.
Details: https://bit.ly/3Zys6pw
Ankr partners with Microsoft to offer enterprise node services
Microsoft has partnered with decentralized blockchain infrastructure provider Ankr to provide a novel node hosting service on the Microsoft Azure Marketplace.
In addition, the partnership will see an integration of technology from both companies, pairing Ankr’s blockchain infrastructure with Microsoft’s cloud solutions. The price of ANKR has increased by 43.78% in the last 24 hours as a result of the news of collaboration with Microsoft.
Ankr will airdrop to compensate damaged users with new AnkrBNB
On Dec. 2, a hacker exploited vulnerabilities in Ankr’s smart contract code, minted 20 trillion aBNBc, and dumped them, with the price of aBNBc plunging nearly 95% afterward.
Ankr announced that it had started airdropping ankrBNB to all holders of aBNBc and aBNBb tokens. The protocol will transfer funds from a $15 million recovery fund to compensate BNB liquidity providers, BNB borrowers, and HAY users during this attack.
Ankr confirms exploit, asks for immediate trading halt
The BNB Chain-based decentralized finance (DeFi) protocol Ankr has confirmed it has been hit by a multi-million dollar exploit on Dec. 1.
The attacker was purportedly able to mint 20 trillion Ankr Reward Bearing Staked BNB (aBNBc), a reward-bearing token for BNB staked on the protocol. Ankr is currently working with exchanges to immediately halt trading of the compromised token.
Ankr is now securing the Avalanche Bridge
The Ankr team announced that Ankr has been added as a Bridge Node to safeguard the bridge between Avalanche and Ethereum and many more chains in the future. As a Bridge Node, Ankr is responsible for securing the Avalanche Bridge and ensuring all transactions coming across are valid and shielded from attacks.
The team added that Bridge Nodes will also assist in backing up and recovering bridge credentials if necessary, ensuring that funds held by the bridge are always safe while guaranteeing that each transaction is authentic.
Ankr receives a strategic investment from Binance Labs
According to a press release shared with CryptoPotato, Ankr has been the recipient of a strategic investment from Binance Labs. The specifics around the total amount invested remain undisclosed.
However, the proceeds will be used to double down on its RPC service while also building out its Web3 developer suite. This includes Liquid Staking DK, Web3 Gaming SDK, as well as Application Chains as a Service. ANKR reacted positively to the news, gaining 47.87% in the last 24h.
Blockchain firm Ankr launches SDKs for multichain liquid staking
Crypto infrastructure provider Ankr has released a line of software development kits (SDK), allowing developers to offer token staking and yield farming to users of their projects and platforms.
The SDKs will be offered on the Ethereum, Polygon, BNB Chain, Avalanche and Fantom networks at first. Once integrated, developers can allow users to stake tokens and earn rewards in return for a liquid staking token.
Ankr Network’s 2.0 upgrade aims to improve Web3 decentralization
Decentralized Web3 infrastructure provider Ankr Network (ANKR) has introduced its Ankr Network 2.0 upgrade aimed at transitioning blockchains into more resilient node networks.
The upgrade centers around making Web3 more decentralized through several new features, such as an option to run an independent node, the ability to stake ANKR tokens on a full node, and the Ankr DAO.