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In February of this year, Ankr and Microsoft [announced](https://www.ankr.com/blog/ankr-and-microsoft-partner-to-offer-enterprise-node-services/?search=microsoft&page=1) our partnership to offer Enterprise RPC services on Microsoft’s Azure Marketplace. After integration and testing, we’ve now launched the service that provides a readily accessible gateway to blockchain infrastructure for Azure’s millions of monthly customers. While some companies are ready to sign up for the anticipated RPC service at launch, others will be excited to discover an additional new Ankr service available on Azure that we haven’t announced until now – a solution offering the ability for any enterprise to launch a dedicated blockchain.

**See our product listings on the Microsoft Azure Marketplace:**

- **[Enterprise RPC Service](https://azuremarketplace.microsoft.com/en-us/marketplace/apps/ankrpbc1684783099666.ankr_enterprise_rpc?tab=Overview)**
- **[Ankr AppChains](https://azuremarketplace.microsoft.com/en-us/marketplace/apps/ankrpbc1684783099666.ankr_appchains?tab=Overview)**

## Enterprise RPC & Dedicated Blockchains For Azure Customers

While Ankr’s Enterprise RPC Service offers global, low-latency blockchain connections, Ankr’s partnership with Microsoft will now also provide access to the AppChains product. Ankr AppChains is a solution that gives enterprises the opportunity to quickly launch their own dedicated and fully customizable blockchain to power their Web3 strategies. The service is also offered on Azure Marketplace alongside the Enterprise RPC solution, with the first iteration enabling enterprises to deploy their own Polygon Supernets, and the choice of many more ecosystems on the way.

*"We are excited to partner with Ankr to bring enterprise-grade blockchain infrastructure to Azure Marketplace. Through this partnership, we are abstracting away what is often an impediment to testing, deploying, and scaling Web3 projects seamlessly. We look forward to helping enterprise customers and developers meet their evolving infrastructure and tooling needs in Web3.”*

-- Daniel An, Director of Business Development, Microsoft Web3 & AI

“*Our collaboration with the Microsoft team to launch the Enterprise RPC service was highly rewarding. Together, we ensured exceptional user-friendliness and performance. Now live on Azure, we anticipate a surge in clients and are preparing our resources accordingly. With Microsoft's guidance, we will continue to innovate and improve based on user feedback and performance metrics. This partnership has been remarkable, and we are excited for the future of our Enterprise RPC service.”*

-- Peter Stewart, Head of Infrastructure, Ankr

*“As the Ankr AppChains product finds a fit with large organizations, Ankr and Microsoft are joining forces to evolve our AppChain offering into an ‘Enterprise Chain’ solution.” As we provide complete engineering, infrastructure, and go-to-market services, Ankr eliminates the barriers to entry for large businesses entering the Web3 space. With AppChains on Azure, launching an enterprise-level chain will soon be the fastest, most convenient and advantageous method for businesses to make the vertical jump to Web3 and capture new audiences while pleasing existing customers.”*

-- Kev Silk, Product Manager, Ankr AppChains

## Launching A Dedicated Blockchain Made Easy

Ankr’s AppChains product has already been available for a year, allowing Web3 organizations to launch scalable application-specific blockchains to power their decentralized apps or projects in a highly automated process. However, the popularity of AppChains with traditional enterprises has made them an attractive choice for launching a variety of solutions that pertain to institutional clients, banking, CBDCs, gaming, and much more. Often, traditional firms look to trusted outlets to discover new technology. Making the AppChain solution available on Microsoft’s Azure Marketplace provides an easy path for businesses to find a vetted solution and go to market with use cases like the above.

Ankr’s AppChains remove some of the largest roadblocks companies face when deciding to launch a Web3 initiative: scalability, user experience, and cost of acquiring new Web3 engineering talent. AppChains ensure fast and affordable transactions, seamless user experiences, regulatory compliance, and end-to-end engineering from Ankr’s proven engineering team. Benefits like these help to ensure a smooth and simplified transition to Web3 for companies who have been waiting to become involved in the digital asset space for some time.

The AppChain solution on the Azure Marketplace will allow customers to choose custom specifications for their blockchain as well as their Web3 application at every level. With a base level of infrastructure, including validator nodes, RPC nodes, testnet faucet, block explorer, as well as additional indexer nodes, Advanced APIs, and bridges, companies can design and complete their Enterprise Blockchain quickly. With an assortment of additional features, they can launch their application or use case on top of it with the highest level of Web3 user experience. Features such as in-app wallets, fiat on/offramps, and bridge solutions create an extremely easy experience for users so enterprises can open the gates to all customers, even those unfamiliar with Web3 processes.

## Final Thoughts

At Ankr, we are dedicated to delivering leading-edge technology that helps our customers stay ahead in a rapidly changing industry so they can create experiences that amaze their users. With the ability to quickly deploy their own node infrastructure and dedicated AppChains, enterprises will be able to make a seamless entry to Web3. With the ability to offer their customers the benefits of blockchain tech with the power to relieve scalability and user experience concerns, businesses can pave the way for steady mass adoption.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](http://discord.ankr.com/) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

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Ankr’s Enterprise RPC and AppChain Solutions Now Available On Microsoft Azure Marketplace

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Ankr Team 

![storj_5114019082.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/storj_5114019082_3ff76837c5.jpg)

Ankr and [Storj](http://www.storj.io/) have partnered to provide node snapshots as a service via the new [Chainsnap](https://www.chainsnap.io/) platform. The new service will drastically decrease the time and storage resources it takes to launch and sync blockchain nodes industry-wide for infrastructure providers, developers, and other web3 enterprises. The service is meant to decrease barriers to entry and promote decentralization by making it easier to set up and run nodes.

## What is Chainsnap?

Chainsnap will greatly expedite blockchain node deployments as the new service at Chainsnap.io provides a variety of on-demand snapshots of blockchain data available for networks like Ethereum, Polygon, and BNB Smart Chain.

- **Download at max bandwidth and processing capacity from anywhere**
- **Launch your node 10x faster!**
- **Support decentralization**

**[Use Chainsnap Now](https://www.chainsnap.io/)**

The partnership will see Ankr and Storj working together to integrate Ankr’s snapshots of blockchain data with Storj’s decentralized storage network. This will allow customer applications to request up-to-date blockchain data from anywhere via Storj’s global storage network so that the data can be packaged and swiftly delivered to customers on demand. With over 20,000 global storage nodes, Storj powers extremely fast and efficient storage and retrieval of data, which will greatly speed node operations.

## A Word from the CEOs

*“We’re excited to be working with Storj to allow nodes from across web3 to get synced and online faster,” said Ankr CEO, Chandler Song. “Their leading-edge global storage, combined with our unmatched on-chain data sourcing, will make it easy for anyone to take advantage of Chainsnap and make the process of launching nodes many times faster.”*

*Storj CEO, Ben Golub, added, “Ankr’s Snapshot-as-a-Service is a perfect example of how powerful our decentralized storage network can be in delivering on-demand data. Together, we can provide a seamless experience for global web3 enterprises while simultaneously promoting the adoption of blockchain and decentralized storage services.”*

## Final Thoughts

At Ankr, we are dedicated to delivering leading-edge technology that helps our customers stay ahead in a rapidly changing industry so they can create experiences that amaze their users. Partnering with Storj for this service is the latest in a series of recent partnerships we’ve made to drastically improve the availability and performance of Web3 infrastructure to take us one step closer to onboarding the next billion users.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

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Ankr and Storj Have Teamed Up for Chainsnap Service

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Ankr is extremely excited to announce yet another partnership in the cloud provider industry with Tencent Cloud. We have signed an agreement to jointly develop a full suite of blockchain API services, provided by a high-performing, globally distributed, and decentralized network of Remote Procedure Call (RPC) nodes. The new services will cater to thousands of applications, games, virtual worlds, and companies needing connections to blockchain data while allowing any enterprise to launch a dedicated blockchain node cluster harnessing the Tencent Cloud in conjunction with Ankr’s globally distributed bare-metal servers.

The platform is designed to provide optimized blockchain connectivity options with the technological expertise of both parties. Leveraging Tencent Cloud’s global infrastructure with Ankr’s blockchain infrastructure solutions, the platform aims to provide a faster and more powerful industry solution that can accommodate a massive amount of node traffic.

## The Web3 Infrastructure Solution From Ankr & Tencent Cloud

With the new service, users will be able to launch nodes on their choice of dozens of blockchains, customizing them for memory and bandwidth on Tencent Cloud’s infrastructure while leveraging Ankr’s Super-Logic Load Balancing technology for optimized performance.

*“Partnering with Tencent Cloud is a big step forward in upgrading web3 infrastructure to handle adoption from some of the world’s largest organizations entering the space. Together we shall provide a gateway to blockchain data that is easier to access and more performant.”*

*– Chandler Song, Co-Founder & CEO, Ankr*

Combining Ankr’s expansive blockchain infrastructure solutions with Tencent Cloud will provide a readymade blockchain connection for many companies and Web3 organizations. All users needing access to dedicated nodes will be able to deploy smart contracts, and read or write blockchain data with the performance, reliability, and security provided by Tencent Cloud and Ankr.

## A Final Note

At Ankr, we are dedicated to delivering leading-edge technology that helps our customers stay ahead in a rapidly changing industry so they can create experiences that amaze their users. Partnering with Tencent Cloud, Ankr can expand our resources, expertise, and global reach, letting us double down on our mission. As we explore more potential solutions and opportunities with our newfound partner, we share the excitement of our community in what we’ll look back on as just the beginning of the new era of the decentralized web.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

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Ankr Joins Forces With Tencent Cloud for Web3 Infrastructure Solutions

**See also: Details on Ankr's latest [partnership with Tencent Cloud!](https://www.ankr.com/blog/ankr-joins-forces-with-tencent-cloud-for-web3-infrastructure-solutions/)**

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[Microsoft ](<a href=”https://azuremarketplace.microsoft.com/en-us/marketplace/apps/ankrpbc1684783099666.ankr_appchains” target=”_blank” rel=“noopener noreferrer”>)is now in collaboration with Ankr for our expertise in providing infrastructure solutions that connect builders, applications, and users to the newest layer of the internet – Web3. The unique insights and experience of Ankr’s team in blockchain tech have proven to be the perfect conduit and supercharger for Microsoft to further its mission to empower people and organizations to achieve more. Our partnership is aimed at providing high-performance blockchain connections for those who share the responsibility of building new Web3 experiences that will welcome the next billion users.

## What Are Ankr & Microsoft Working Toward?

Ankr and Microsoft have partnered to support enterprises and organizations needing access to blockchain data with a reliable, easy-to-use node hosting service. We are working toward a shared goal of making this service available soon through Microsoft’s Azure marketplace, providing a readily accessible gateway to blockchain infrastructure for millions of monthly customers, enabling them to:

- **Launch enterprise-grade blockchain nodes with custom specifications for global location, memory, and bandwidth according to their unique use cases.**
- **Optimize data querying for high levels of speed and reliability on their choice of dozens of different blockchains with serverless functionality utilizing GeoIP, failovers, Caching Rules, and Monitoring.**
- **Easily track the performance of their nodes anytime, anywhere. Enterprise RPC clients can access usage data and advanced telemetry across 38+ blockchains.**

The partnership will see an integration of technology from both companies, pairing Ankr’s innovations in blockchain infrastructure with Microsoft’s cloud solutions. The enterprise node deployment service will offer global, low-latency blockchain connections for any Web3 project or developer so they can focus their time on innovating and scaling their Web3 projects and applications.

[![rpc-remote-rpocedure-call-cta.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/rpc_remote_rpocedure_call_cta_d60ee98bfa.png)](https://www.ankr.com/remote-procedure-call/)


## A Word from Our CEO & the Microsoft Team

*“This was a critical step in bringing blockchain infrastructure to a growing sector of the digital economy. The partnership, while an incredible milestone for Ankr, is also a key indicator of how far the decentralized web has come in integrating with the crucial players in every layer of web systems. The end result will be an era of extremely prolific building for blockchain-based applications from new Web3 projects as well as large enterprises entering the space.”*

-- *Chandler Song, Co-Founder & CEO, Ankr*

*“Microsoft’s mission is to empower every person and every organization on the planet to achieve more. Many developers and organizations are exploring how Web3 can help solve real-world business challenges, and our partnership with Ankr will enable them to access blockchain data in a reliable, scalable, and secure way. Together with Ankr, we are building a strong Web3 infrastructure layer whether you're a developer building the next big decentralized application (dApp) or an established enterprise exploring Web3.”*

-- *Rashmi Misra, Microsoft General Manager AI & Emerging Technologies*

## Creating Fast, Global Blockchain Access

By combining Ankr’s solutions with Azure and Microsoft Marketplace, we have the chance to put forth an incredibly powerful industry solution that creates a stronger infrastructure layer for the space. It provides a new avenue to attract users and serve a massive amount of [RPC](https://www.ankr.com/blog/what-are-rpc-nodes-and-endpoints-the-complete-guide-2023/) traffic through our combined services. Web3 companies that require dedicated nodes can relay transactions, deploy smart contracts, and read or write blockchain data with the reliability, performance, and security they expect from Azure and Ankr.

The union of technology from Ankr and Microsoft will provide a fully managed node hosting solution complete with the choice of custom specifications for blockchain nodes for memory, bandwidth, and global location according to customer needs. By upgrading its load balancer to utilize Azure-based routing solutions, Ankr will be able to further scale and optimize its transactions processes by routing RPC requests to the best-suited nodes extremely quickly and reliably.

[![rpc-remote-rpocedure-call-cta.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/rpc_remote_rpocedure_call_cta_d60ee98bfa.png)](https://www.ankr.com/remote-procedure-call/)

## A Final Note

At Ankr, we are dedicated to delivering leading-edge technology that helps our customers stay ahead in a rapidly changing industry so they can create experiences that amaze their users. By partnering with Microsoft, Ankr can expand our resources, expertise, and global reach, letting us double down on our mission. As we explore more potential solutions and opportunities with our newfound partner, we share the excitement of our community in what we’ll look back on as just the beginning of the new era of the decentralized web.

## Join the Conversation on Ankr’s Channels

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Ankr and Microsoft partner to offer enterprise node services, providing high-performance blockchain connections for Web3 projects and developers.

Ankr and Microsoft Partner To Offer Enterprise Node Services

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After the aBNBc exploit that occurred on December 2 of last year, affected users of Ankr Staking as well as LPs who were affected on various DeFi protocols widely praised Ankr for the swift and comprehensive reimbursement of value lost. Out of 19 DeFi protocols affected, Ankr provided 100% compensation for 17 of them to compensate users for damages via airdrop. Ankr began paying these amounts out from our treasury as soon as possible without waiting to see if any of the stolen funds could be recovered, as it is part of our deep dedication to our community. **Additionally, Ankr will commit $3m more in good faith to contribute to the stability of the BNB Chain and liquid staking ecosystem.** 

There have been complaints recently raised from users of the remaining two protocols not fully reimbursed. Ankr chose to provide relief for 50% of the value lost for users holding tokens from two affected protocols – Stader and pStake. 

This article provides more clarification behind this decision and our stance on relief efforts.

## How Were Stader & pStake Users Affected By the BNB Exploit?

Like Ankr Staking, Stader and pStake are both multichain liquid staking providers with their own version of a BNB liquid staking token (BNBx and stkBNB, respectively). Some holders of these tokens had contributed liquidity to a four-way liquidity pool on the Wombat Exchange holding BNB, aBNBc, stkBNB, and BNBx. The exploiter was able to inundate the pool with a large amount of aBNBc while draining it of the other asset types.

The nature of having a mixed liquidity pool on the decentralized exchange posed a challenge in estimating the losses of affected users. Ankr had never incentivized the BNBx and stkBNB LP side of the pool, unlike the other LPs that Ankr chose to compensate at 100%. However, Ankr consulted with both Stader and pStake on the most suitable recovery mechanism that could provide the fairest reimbursement for users.

## What Actions Did Ankr Take to Provide Relief for pStake Users?

In Ankr’s talks with pStake, the pStake team was very collaborative and we found a common understanding very quickly to provide relief for users. The bilateral agreement with pStake had Ankr airdrop 2,654.352 ankrBNB and 681.051 stkBNB, to cover 50% of the losses of stkBNB liquidity providers on Wombat.

## What Actions Did Ankr Take to Provide Relief for Stader Users?

Discussions with Stader proved more difficult, but the Ankr team worked with them patiently until reaching a point where Stader suggested that Ankr cover 50% of damages with compensation conditional on the creation and use of a new BNBx-BNB LP. We found this condition unreasonable and unfair for affected users. Therefore, Ankr made the 50% reimbursement to users following Stader’s suggestion, but with a more appropriate payment mechanism in the form of a simple airdrop to affected users.

Ankr approached Stader early on and urged them to consider blocking their BNBx unstaking mechanism to prevent hostile arbitrageurs from imminently taking advantage of the aBNBx price discount. Ankr also suggested they consider a relaunch of their BNBx token because of the very high concentration of BNBx in the Wombat pool. The high concentration (half of all circulating BNBx) in Wombat was due to aggressive SD token reward incentives provided by Stader, as well as the Stader vault advertising the Wombat LP strategies as "low risk.” Stader refused to launch a new token or halt BNBx unstaking, allowing arbitrageurs to cash out freely with BNBx purchased at a deep discount on other DEXes outside of Wombat soon after the exploit (Ellipsis Finance, ApeSwap).

Given those circumstances, we strongly believe that finding the identity of the malicious arbitrageurs and seeking to recover funds from those parties would be a wiser approach for Stader to ensure its community is compensated at 100%.

## What Were the Total Compensation Amounts From the Exploit vs. The Amounts Recovered?

An article from Cointelegraph recently cited that “Ankr has the ability to compensate them (stkBNB and BNBx users) fully because it recovered 1,559 ETH (approximately $2.4 million worth at the time of writing) from Huobi Global after the attacker tried to use it to cash out.” However, this doesn’t note that Ankr has already compensated affected users across staking solutions and protocols an amount of approx. $30m.

## Ankr’s Rationale for Our Compensation Efforts

For Wombat LP compensation, our calculations showed that about 24% of that pool held Ankr liquid staking tokens funded via our liquid staking proportion on the Wombat common LP. Nevertheless, Ankr made the decision to cover 100% of the Wombat BNB LP to mitigate the adverse effects on liquid staking liquidity pools in general as a result of the exploit.

Despite the stkBNB LP and BNBx LPs never having been incentivized by Ankr, we acknowledged the aBNBc exploit affected both stkBNB and BNBx. We covered 50% of those pools with an airdrop regardless as a sign of our goodwill. After careful consideration, we believe this strategy to be fair given the circumstances of the exploit and the fact that Ankr has never provided any incentives to enter stkBNB LP and BNBx LPs.

Our BNBx and stkBNB LP compensation is more than fair given:

- Half of all BNBx and stkBNB liquid staking tokens were on Wombat due to Stader and pStake incentives. This represents an obvious concentration risk. In comparison, Ankr had only 5% of its liquid staking tokens in DEX LPs. This is because there was no need to stabilize the price of our BNB liquid staking tokens in the secondary market as the tokens are redeemable (unstakeable), presenting organic opportunities to buy them at a discount, unstake them on Ankr Staking, and receive the spread after the unbonding period has finished. Ankr cannot be held responsible for the lack of risk management of other pools. To put things in context, Ankr paid Wombat pools in all four times more than the aBNBc TVL we had on Wombat, which is more than generous.

- When following the flow of money, we can paint a better picture of what happened. The exploiter sold aBNBc on Wombat against BNB and then against BNBx and stkBNB. He then sold BNBx and stkBNB on other DEXes where there was more BNB liquidity. Surprisingly, the price of BNBx and stkBNB returned to their "fair" price within one hour. This indicates a story where some parties made money at the expense of others. Approximately 350 wallets bought BNBx on DEXes at an average cost discounted 70% during that time period with near identical trading patterns.

## In Conclusion

We want to thank the community for your ongoing support, patience, and feedback during this time. Our compensation strategy was designed to provide fair and generous reimbursement for all affected users. We hope this article answers some remaining questions about our rationale for doing so.

## Stay Updated on Ankr’s Channels

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

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The Details of Ankr’s BNB Exploit Relief Efforts and Our Stance on Compensation for Stader & pStake Users

# We are excited to announce the official launch of a new ankrBNB-BNB Crypto pool on Ellipsis.

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We will be offering incentives for users who provide liquidity to the new Crypto Pool by offering bribes to locked DDD holders on DotDot Finance to direct additional EPX emissions to the ankrBNB-BNB pool on Ellipsis. This will further boost the incentives of providing liquidity to this pool.

### The new Liquid Staking Token: ankrBNB

Ankr made the decision to replace aBNBb and aBNBc with ankrBNB in response to the exploit that affected both tokens. With this, the ankrBNB token becomes the main reward-bearing liquid staking token of the BNB Chain.

All liquidity providers who held aBNBb, aBNBc and BNB in Liquidity Pools received an airdrop of ankrBNB and BNB and were fully compensated (the Ellipsis aBNBb–BNB pool is one example of this). The aBNBb and aBNBc token holders were airdroped the respective amount in ankrBNB and were also fully compensated.

This decision allowed Ankr to safeguard the interests of its users and ensure that they were not negatively impacted by the exploit.

It is also important to note that the exploit in question was not a technical vulnerability in the smart contract code, but rather a social engineering attack. To learn more about this exploit, you can read the Ankr Token Exploit Report at the following link: [https://www.ankr.com/blog/after-action-report-our-findings-from-abnbc-token-exploit/](https://www.ankr.com/blog/after-action-report-our-findings-from-abnbc-token-exploit/).

### Why a new Ellipsis Crypto Pool?

As you may know, ankrBNB is the BNB reward-bearing token of Ankr where the redemption ratio increases daily based on BNB staking rewards. At the time of this writing, the current redemption ratio is 1 ankrBNB = 1.0404 BNB. This means that ankrBNB is pegged to the BNB price, but its value depends on the current redemption ratio.

Stableswap pools are specifically designed to maintain a stable peg between the tokens in the pool, typically 1:1. This means that the value of one token in the pool should always be equal to the value of the other token, allowing the pool to act as a stable exchange between the two tokens in a more efficient way. The stableswap pools were better suited for the aBNBb as its was rebase token that had a redemption ratio of 1 aBNBb = 1 BNB.

However, this is not suited for ankrBNB because the redemption ratio for ankrBNB is not fixed as it grows daily based on the BNB Chain Staking Rewards and therefore, the value of the token may not stay pegged at 1:1. In this case, it may be more appropriate to use a different type of liquidity pool that is better suited for handling tokens with variable redemption ratios.

An Ellipsis Crypto Pool is the best solution for ankBNB  because it maximizes liquidity by focusing on current prices, concentrating the liquidity, and leading to better exchange rates. When trades occur, the Crypto Pool adjusts its internal price to the area with the most liquidity without experiencing any losses, resulting in an increased capital efficiency.

The Ellipsis Crypto Pool can be accessed at [https://ellipsis.finance/pool/0x440bA409d402e25b95aC852E386445aF12E802a0](https://ellipsis.finance/pool/0x440bA409d402e25b95aC852E386445aF12E802a0).

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New ankrBNB-BNB Crypto pool on Ellipsis

# What are blockchain nodes?

Blockchain technology has revolutionized the way we think about data storage and transfer, enabling the creation of decentralized networks that can securely record and transfer value and information. At the heart of every blockchain is a network of nodes that helps to maintain the integrity and security of the blockchain.

So, what are blockchain nodes? A blockchain node is a computer that participates in the operation of a blockchain network by maintaining a copy of the blockchain and validating and relaying transactions. In a blockchain network, nodes communicate with each other to reach a consensus on the state of the blockchain and the validity of transactions. When a new transaction is proposed, nodes validate it according to the rules of the blockchain network and, if it is deemed valid, add it to the blockchain.

## Advantages of using a node provider

Whether you choose to run your own node or use a node provider will depend on your needs and requirements. Running your own node can be a good option if you have the resources and technical expertise to do so, but it can also be time-consuming and require a significant investment in hardware and other resources.

Using a node provider can offer a number of advantages, including:

**1. Ease of Access**

One of the main benefits of using a node provider is the ease of access it offers. Rather than having to set up and maintain your own node, you can simply access the resources of the node provider through an API or other means. This can be particularly useful if you don't have the technical expertise or resources to run your own node.

**2. Scalability**

Another advantage of using a node provider is scalability. Node providers often have the resources and infrastructure in place to support a large number of users, making it easier for you to scale your application or interactions with the blockchain as needed.

**3. Reliability**

Finally, using a node provider can offer increased reliability. Node providers typically have the resources and expertise to maintain their nodes and ensure that they are always available and up-to-date. This can be particularly important if you are building a mission-critical application or if you need to access the blockchain on a regular basis.

# List of top 6 Web3 node providers

This article compares six different blockchain node providers based on various characteristics such as supported blockchain networks, cost, available tools, and offerings. Here’s the list of 6 best web3 node providers

1. Ankr
2. Pokt Network
3. Infura
4. Alchemy
5. QuickNode

## 1. Ankr

Ankr is the leading web3 RPC provider serving around 30 blockchain networks. Ankr handles over [7.2 billion RPC calls](https://www.ankr.com/blog/ankr-leads-the-pack-in-rpc-api-services/) daily via endpoints that are geo-distributed and benefit from efficient load balancing, ensuring fast and reliable service for developers around the world. 

Ankr [RPC](https://www.ankr.com/blog/all-about-ankrs-upgraded-rpc-platform/) includes free and public RPC endpoints, alongside new Premium and Enterprise plans packed with advanced developer tools — all powered by a globally distributed and decentralized network of nodes, making Ankr the most reliable and scalable choice for your web3 RPC needs.

Ankr also offers a suite of web3 tools such, Advanced APIs (NFT, Token and Query), gaming SDK, and appchains.

### Ankr supported blockchains

Ankr supports a high number of blockchain networks including Ethereum, Polygon, Avalanche, Aptos, Arbitrum, BSC, BitTorrent Chain, Celo, Fantom, Filecoin, Gnosis, Harmony, Huobi ECO chain, IoTeX, Klaytn, Kausama, Moonbeam, Near, Nervos, Optimism, Polkadot, Solana, Syscoin, Tron with more coming soon.

### Ankr pricing

- **Ankr Free Public RPCs** - $0/month, instant RPC requests (1800 requests/min), no credit card required and free access for most chains with archive data
- **Ankr Premium** - Pay as you go, secure and private RPC endpoints, WebSockets, custom SLA support, defaults to 1,500 requests/sec per chain, 4,000 requests/sec for Solana and upgradeable on request

## 2. Pokt Network

Pocket Network is a decentralized infrastructure that uses economic principles to coordinate and distribute data in an efficient and cost-effective manner, even at a large scale. 

### Pokt supported blockchains

Pokt offers endpoints for over 35 blockchain networks including Avalanche, Binance Smart Chain, Boba, Ethereum, Metis and many more

### Pokt Network pricing

Pokt does not publicly disclose pricing information on their website. However, based on their support documentation, it appears that developers may be able to utilize Pokt's blockchain node support free of charge up to a certain number of requests. Once this threshold has been reached, interested parties will need to contact Pokt directly to learn more about pricing for additional requests.

## 3. Infura

Infura offers a range of APIs and services that provides reliable access to Ethereum and IPFS, and the ability to interact with smart contracts, publish and subscribe to events, and more. Infura also offers tools and resources for developers to help them build and deploy their dApps more efficiently.

### Infura supported blockchains

Infura supports Ethereum, Arbitrum, Aurora, Avalanche (C-Chain), Celo, Filecoin, IPFS, Near, Optimism, Palm, Polygon Pos and StarkNet.

### Infura pricing

- **Core Free Tier** - 100k total requests/day, including up to 25,000 archive requests/day
- **Developer Tier ($50/month)** - 200,000 total requests/day, including up to 100,000 archive requests/day, direct customer support
- **Team Tier ($225/month)** - 1,000,000 total requests/day, including up to 1,000,000 archive requests/day, direct customer support
- **Growth Tier ($225/month)** - 5,000,000 total requests/day, including up to 5,000,000 archive requests/day, direct customer support

## 4. Alchemy

Alchemy is a developer platform offering blockchain nodes, and a range of development tools, including APIs and a web3 SDK, to assist developers in building dApps and web3 projects. 

### Alchemy supported blockchains

Alchemy currently supports Ethereum, Polygon, Arbitrum, Optimism, Astar, and Solana networks.

### Alchemy pricing

- **Free Tier** - Up to 300,000,000 compute units/month, includes Enhanced APIs, no daily request limits, full archive data, 24/7 discord support
- **Growth Tier** - Up to 400,000,000 compute units/month, includes parity trace and gETH debug, access to reinforced transactions, 2x higher throughput and 24/7 discord support
- **Enterprise Tier** - Custom compute units, custom SLAs, pay with crypto and 24/7 VIP support

## 5. QuickNode

QuickNode offers web3 infrastructure designed to help developers of all sizes build and scale blockchain applications. It is a popular choice among Web3 developers for its comprehensive suite of tools and resources. 

### QuickNode supported blockchains

QuickNode currently supports 15+ blockchains including Ethereum, Algorand, Arbitrum, Avalanche, BSC, and Celo and many more.

### QuickNode pricing

- **Free Tier** - 25 requests/sec, 1 endpoint, single region and community support with 10 Million API credits
- **$49/month Tier** - 100 requests/sec, 10 endpoints, multiple regions, and 24hrs support response time with 20 Million API credits
- **$299/month Tier** - 300 requests/sec, 20 endpoints, global regions, and 8-12hrs support response time with 120 Million API credits

## Choose the right one for your needs
The six web3 node providers discussed in this article offer a range of options for developers looking to build and deploy decentralized applications and web3 projects. Each provider has its own unique set of supported blockchain networks and tools, as well as different pricing plans to suit different needs and budgets. It is important for developers to carefully consider their specific requirements and do their own research to determine the best provider for their needs.

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The Top 5 Blockchain Node Providers in Web3 (2023) - Ankr

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After restoring security and responding to the events of the Dec. 1st exploit of our aBNBc token, Ankr has carefully reviewed the facts and taken steps to prevent any attacks like it in the future. Regardless of any damage done, we are proud of how the team handled the situation at every turn and did right by taking care of our community.

**After the hack Ankr immediately:**

- Restored security and worked with DEXs to halt trading
- Formed and executed a thorough recovery plan for the community
- Identified the exploiter (currently working with law enforcement to take appropriate legal action)

## Who Caused The Exploit?

A former team member (who is no longer with Ankr) acted maliciously to conduct a combination of a social engineering and supply chain attack, inserting a malicious code package that was able to compromise our private key once a legitimate update was made. We are in the process of working with law enforcement to prosecute the former team member and bring them to justice. Unfortunately, internal bad actors can affect any protocol and we are working on shoring up internal HR processes and safety measures to strengthen our security posture going forward.

## How Did We Respond?

### Immediate Action Taken To Halt the Attack

Right away, Ankr took several actions to minimize any damage from the exploit:

- Communicated the exploit to the public and executed plans to resolve the situation as quickly as possible.
- Alerted known off-ramps to implement their emergency plans and halt trading
- Secured the smart contracts with a new key, preventing any further tampering.
- Updated smart contracts and systems to temporarily pause the movement of the underlying collateral (BNB) within our [liquid staking](https://www.ankr.com/blog/liquid-staking-a-comprehensive-guide/) product to be safe.

### Formed a Recovery Plan

Ankr took several measures to start compensating users to the full extent of the losses they incurred as a result of the exploit. **The team used our own Advanced API Tool to find every aBNBc token holder in 10 seconds – a task that would have taken several hours to complete using normal query methods on a dedicated node.**

- Took a snapshot to identify affected users
- Created a new ankrBNB token
- Airdropped the token to affected holders
- Determined reimbursement plan for most impacted users

### Reimbursed Our Community

Ankr is a Web3-native organization with an extremely strong community. To uphold this reputation, we needed to do the right thing and reimburse all token holders who were affected.

- Fixed damage to Helio (aBNBc borrowing platform) by re-stabilizing HAY Price. We will continue purchasing HAY if the token remains unpegged until all funds are spent.
- Airdropped ankrBNB to the affected aBNBc or aBNBb token holders
- Airdropped BNB to all affected DeFi liquidity providers
- Reached an agreement to reimburse Wombat stkBNB LPs and planned to provide 100% coverage of the BNB Wombat LPs.

**See [more details](https://www.ankr.com/blog/ankr-makes-progress-with-recovery-program-targets-and-milestones/) on our recovery plan.**

## What Are We Improving?

Ankr is now implementing several improvements to our security posture. Here are a few notable reinforcements:

**Requiring Multi-sig Authentication & Timelocks for All Updates**

The exploit was possible partly because there was a single point of failure in our developer key. We will now implement multi-sig authentication for updates that will require signoff from all key custodians during time-restricted intervals, making a future attack of this type extremely difficult if not impossible. These features will improve security for the new ankrBNB contract and all Ankr tokens.

**Revamping internal security measures**

Ankr will now require escalated background checks for all employees (including all contractors and remote workers) while taking extra measures to verify the current status of those currently working at Ankr. We are also reviewing access rights and taking extra steps to minimize entry to any sensitive systems.

**Implementing new monitoring & notification systems**

The team was able to catch the attack extremely quickly, but we can always work on improving our response time. We are implementing new notifications systems to alert key personnel so they can be online faster during any time of day.

**Refining procedures for working with DeFi protocols**

Now that we’ve been through the experience of working with teams from other protocols after an incident, we can improve the process with precedent set for responding with international teams in streamlined communication channels.

## More Updates To Come

**We want to thank the community for your ongoing support during this time!**

We are still working on ensuring all loose ends are tied up and all affected users we identified have been reimbursed. Our goal is to resolve every inquiry that has stemmed from the exploit and this will take time. Thank you for your patience and understanding.

## Stay Updated On Ankr’s Channels

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr)

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After Action Report: Our Findings From the aBNBc Token Exploit

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Ankr identified a hack on Dec. 1st, in which malicious actors accessed the developer private key and altered the smart contract for our BNB liquid staking token (aBNBc). After internal research and assessment, we estimate the damage to be $5m worth of BNB across liquidity pools in various DEXes. Ankr has already restored security and will promptly compensate affected liquidity providers.

“*Thanks to the fast actions from the Ankr team and various protocols, we were able to minimize any damage done extremely quickly. Hacks and exploits from bad actors like this are an unfortunate possibility in Web3, even with every attention to detail in security processes – but we were well prepared. Unlike previous events in the space this year, we are doing the right thing by our community and ensuring that this is taken care of immediately with lost funds restored.*”

– Chandler Song, Co-Founder & CEO, Ankr

### **What happened?**

The exploiter was able to leverage the smart contract for the aBNBc token to create an infinite amount of this token and then exchange it for USDC. The aBNBc token represents a staked version of Binance's BNB token that earns rewards from validation efforts.

The aBNBb smart contract was safe from third-party minting prior to the attack, however, the attacker was able to obtain access to the deployer key. The attacker then uploaded a new aBNBb contract that included an extra method to mint without authorization checks. The attacker minted an excess of aBNBb out of thin air and rapidly moved to swap it out for other tokens on decentralized exchanges.

The address 0xf3a used the infinite mint bug in Ankr's contract code to mint a total of 60 trillion aBNBc across 6 different transactions. The attacker was able to swap some for the stablecoin USDC and began moving them off of the Binance Smart Chain and onto Ethereum before the transactions were flagged. The Ankr team confirmed that the losses incurred are in the region of $5 million in BNB. No other liquid staking tokens or Ankr products have been affected. Likewise, Ankr’s validators, RPC API, and AppChain services continue to operate without any disruptions.

**As this occurred, Ankr simultaneously:**

1) Alerted known off-ramps to implement their emergency plans (minimum: halt trading).

2) Secured the smart contracts with a new key to prevent any further tampering.

3) Updated smart contracts and systems to temporarily pause the movement of the underlying collateral (BNB) to be safe.

### **What are the next steps for Ankr?**

The team at Ankr is working hard to resolve this issue completely and efficiently. We have taken the necessary steps to offset the loss of funds and resolve the attack.

- We are identifying all those who provided liquidity to DEXes and all protocols supporting aBNBc or aBNBb LP, as well as aBNBc collateral pools (Midas, Helio) and we will notify all affected parties.
- Ankr will purchase $5 million worth of BNB and use this to compensate the liquidity providers that have been affected by the exploit due to the drainage of liquidity pools. We understand diluted aBNBc was speculatively traded after the exploit occurred, but we are only able to compensate LP’s caught off guard by the event.
- We are discontinuing aBNBc and aBNBb tokens effective immediately, and new ankrBNB tokens will be minted and airdropped to affected aBNBc and aBNBb users.
- We will use a snapshot and airdrop the newly-released ankrBNB tokens to all valid aBNBc holders before the snapshot. User collateral is safe with all of BNB collateral.

### **What should you do as a user?**

**To mitigate risks, Ankr is issuing the following guidelines for liquidity providers:**

1. Do not trade aBNBc or speculatively buy it at a discount. 
 
2. Our snapshot taken on Dec-02-2022 12:43:18 AM +UTC will identify you if you are an affected LP.

3. Wait for the ankrBNB airdrop, which will be proportional to the amount of aBNBc and aBNBb that you held. ankrBNB will be redeemable against staked BNB.
 
This action plan allows the team at Ankr to more rapidly restore value to legitimate token holders while also accelerating the planned migration to an upgraded contract.

At this stage, all necessary precautions are being taken to promptly resolve the situation and restore lost capital. As mentioned, Ankr will purchase $5m worth of BNB to compensate previous liquidity providers that have been affected by the exploit due to the drainage of liquidity pools.

Ankr understands the concern this has created within the community and will continue working to mitigate the situation and prevent future similar incidents.

Please note that, at this time, all user funds and underlying staked assets are safe. All aBNB users will retain their positions from before, including staked LP Tokens in Farms and accumulation of rewards during that time for doing so.

## Stay Updated On Ankr's Channels

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

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The aBNBc Token Report: Security Updates Applied & Compensation for Affected LPs

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***Everything you need to know about Ankr’s move to rename all reward-bearing tokens and discontinue support for reward-earning tokens to streamline users’ liquid staking experience.***

Today, Ankr is happy to announce that we are adopting a new nomenclature for our token model that will see the names of reward-bearing tokens change and the removal of our reward-earning tokens. This is a strategic decision we feel will best serve our community of holders, stakers and liquidity providers.

Our new token model ensures users can start using Ankr Staking easily and efficiently by removing reward-earning tokens that are still not supported across many DeFi platforms.

Currently, there are two types of Liquid Staking tokens in the Ankr ecosystem:

- Reward Bearing Tokens (c-tokens), e.g. aETHc formerly aETH
- Reward Earning Tokens (b-tokens), e.g. aAVAXb and aETHb (formerly fETH.)

The new nomenclature will see all reward-bearing tokens change names based on a new, more consistent standard. aETHc becomes AnkrETH; aBNBc becomes AnkrBNB; aAVAXc becomes AnkrAVAX, and so on.

At the same time, we are discontinuing the use of reward-earning tokens (aAVAXb, aETHb, aBNBb, etc).

There will be a period during which we will gradually stop active support of b-tokens. Holders of b-tokens can exchange them for c-tokens at any time. There will be no minting of new b-tokens and no further DeFi support.

You can read more about converting b-tokens to c-tokens in our tutorial [here](https://www.ankr.com/docs/staking/switch/switch-tokens/).

The reason for this change is the lack of support by DeFi protocols for rebase tokens in general. The benefit of [liquid staking](https://www.ankr.com/blog/liquid-staking-a-comprehensive-guide/) rebase tokens, such as the 1-to-1 redemption price and ability to more easily create Stable Liquid Pools with low slippage is becoming less relevant.

When compared to one year ago, there are significantly more StableSwap pools offering custom pools to accurately setup stable liquid pools for reward-bearing tokens, whose redemption price is not 1-to-1. With more than 50 liquid staking protocols available across several chains, we have been noticing that most users understand that most liquid staking tokens are reward-bearing and how to extract value from them.

## Will Any Ankr Services Be Affected by the Change?

Ankr’s services are not changing and will continue to provide everything you are used to with even more features on the way.

The name change for c-tokens will be automatic with no need for users to do anything. We feel confident it will contribute greatly to simplifying the user experience and help us make Ankr’s product message cleaner and better suited for Web3.

## What Role Do Reward-Bearing Tokens Play In Ankr Network and the broader DeFi scene?

Rewards-bearing tokens are often issued by DeFi protocols based on the service provided. This could be borrowing, lending, or providing liquidity. In the case of Ankr, the c-tokens are issued to those staking their assets using the protocol’s staking contract.

Reward-bearing tokens represent the amount of assets staked at issuance PLUS future staking rewards. The amount of reward-bearing tokens issued is always equivalent to the amount of staked assets (ETH, AVAX, BNB, etc.).

At the end of the asset staking period, AnkrETH/AnkrBNB/AnkrAVAX/etc holders can redeem their reward-bearing tokens for their original stake plus all accumulated staking rewards. The rewards accumulated by reward-bearing tokens are reflected by Ankr’s redemption price.

However, market prices on decentralized exchanges might differ from the redemption price, which is subject to an unbonding period depending on the underlying Proof-of-stake network. Selling liquid staking tokens on a decentralized exchange provides immediate liquidity, but no guarantee that the market price is the same as Ankr’s redemption price.

## Have Other Questions?

To learn more about the new token model, please visit our community channels. You can also ask any questions about the issue through our Staking Chat platform. We'll be holding a couple of AMAs in the near future so keep checking back.

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Ankr announces token model change for all Reward Bearing and Earning Tokens

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**TL;DR**

**1. Ankr doesn't store PII or have a method to correlate wallet transactions to IP addresses.**

**2. Ankr does not use our RPC to front-run transactions (MEV exploitation on your transactions).**

**3. We continue to work on our decentralization roadmap while prioritizing quality of service.**

Ankr’s goal is to provide the best possible blockchain connection experience for our builders and users. This includes an emphasis on best-in-class delivery as well as protecting user privacy. To this end, we want to clarify our IP collection policy.

## When Does Ankr Use IP Addresses?

For service delivery purposes, we temporarily record IP addresses to set usage limits and monitor for denial of service attacks against our infrastructure. Though we do look at high-level data around the success rate of transactions made over the blockchain RPC, we do not correlate wallet transactions made over the infrastructure to the IP address making the RPC request. Thus, **we do not store, exploit, or share any information regarding Personal Identifiable Information (PII), including wallet addresses.** In accordance with our privacy philosophy (as well as the terms of the Cloudflare service we use), we store IP address data only as long as it is useful to fulfill its purpose in ensuring users receive the highest quality service possible. Additionally, unlike other RPC providers in the market, we feel it’s important to clarify that we do not perform any kind of MEV from our RPC service in any way.

By design, the Cloudflare service Ankr uses is based on the same approach to [data privacy](https://www.cloudflare.com/resources/assets/slt3lc6tev37/2PpV3ceAMWJLMlXvDvGaWH/4fdc05639e8f8b664b225ab6b596d26b/how_the_cloudflare_network_maintains_data_privacy.pdf):

*“Cloudflare has no interest in what any specific individuals are doing on the Internet and has no means of connecting any one IP address to any one natural person.”*

Ankr collects IP addresses in different ways based on the user’s plan:

**Public (Free) Plans:**

- Rate limiting: Ankr must track the use of RPC services via IP address to implement request limits for our different service levels.
- GeoIP steering: To correctly serve traffic and route it to the closest data centers, it is necessary to obtain IP addresses for delivering low-latency responses.
- Service improvements: IP address data contributes to the collective internal insights Ankr gathers to improve services for customers in terms of speed and reliability.

**Premium & Enterprise Plans:**

- Premium telemetry functionality: Our paid users want telemetry data and the ability to monitor performance and resolve issues that arise.
- Rate limiting: Ankr must track the use of RPC services via IP address to ensure we can deliver approximately 1,500 requests per second limit for Premium plans.
- GeoIP steering: To correctly serve traffic and route it to the closest data centers, it is necessary to obtain IP addresses for delivering low-latency returns.
- IP Whitelisting: Ankr has a feature to limit the access of the RPC requests with a user-defined IP whitelist.

This is the minimal amount of information that is required to act as a high-quality RPC provider, but we take all possible measures to preserve user confidentiality.

## We Always Listen To User Concerns

We are continuously reviewing our policies as we listen to user feedback and adjust policies as technology changes. This is an evolving process, and our current policy terms and conditions will be updated soon. In addition, note that we do comply with court orders as is our legal responsibility as a company established in the United States. We seek continuous improvement, and we constantly review our policies to protect user privacy while retaining the functionality that is required to run a public RPC network. **As we continue to implement our roadmap to increasingly decentralize services, Ankr will keep the guiding principles of blockchain at the forefront of our products – and the privacy of our community will always be an integral part of this.**

## Join the conversation on Ankr’s channels

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

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Ankr’s IP Address Policy & Your Privacy: What You Should Know

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The crypto and web3 industry has had some dark moments over the past year that have deeply affected communities and, in some cases, have left them with little recourse or recovery. Ankr is not an exchange and has no custodial services, but we want to send a strong message that we will always act responsibly when it comes to providing services in a safe and reliable manner.

Since 2017, Ankr has been a unique organization and web3-native operation. Feedback from our community of developers, stakers, and projects drives our suite of products that act as the critical infrastructure behind the blockchains and decentralized applications of web3 – a truly “by developers, for developers” approach. Ankr will always stay true to the ethos of blockchain and web3 as a part of our mission as a foundational infrastructure provider.

Ankr wants to assure all our users that we will keep within the highest standards of security and integrity in how we operate. Here are a few elements we’ve put in place to create the most resilient infrastructure possible across our dozens of supported blockchains.

## Why Ankr is safe, unaffected, and optimistic about the future:

**Ankr has never been involved with FTX:** As we’ve never had any affiliation with FTX, Ankr wasn’t impacted by the ultimate failure of the exchange. However, we have the deepest empathy for every project and customer affected. We share the position of many organizations that are helping wherever possible to minimize the damage done. Ankr will assist by providing the highest quality infrastructure and tooling to strengthen ecosystems so they can become more resilient than ever.

**Audited & non-custodial staking products:** All of Ankr’s staking and bridging products are audited and secure to provide the highest level of safety for those that use them. Our staking solutions remain tested and trusted year after year – a testament to the care and diligence that comes from an unparalleled staking team. As our staking products are non-custodial, Ankr Staking user funds aren’t exposed to risks from the market that could stem from decisions made by Ankr or any other platform or protocol. Additionally, Ankr has no exposure to the Solana-based DeFi ecosystem that has been impacted by recent events.

**DevOps team operating with 24/7 coverage:** Ankr’s DevOps team works around the clock and deploys any necessary security updates with extreme speed. This ensures that both Ankr’s services and the blockchains they are essential to stay up, running, and uncompromised. As hacking has been an ongoing issue in our industry, it is important to maintain persistent vigilance while helping eliminate threats and attack vectors as soon as they arise.

**All customer data is secure:** As Ankr requires payments and data for some of its products, we collect the necessary information and store it with the utmost confidentiality and attention to security while following all regulations and guidelines that we must abide by as a company. Our privacy policy is there to ensure sensitive user information is always protected, something we take extremely seriously. 

**Genuine care for our community who shares the web3 mission:** What has happened over the past week is a reminder that it is our shared responsibility to build a better, safer, and more resilient web3 industry. The original idea behind blockchain and cryptocurrency was to deliver more control for everyday people to transact with real value in a secure and transparent way while avoiding entities that might abuse their assets.

We want to ensure that this is the future of the technology while continuing to deliver the most reliable multichain infrastructure services to build stronger decentralized networks and applications. That is why Ankr will continue this mission with full attention to integrity and dedication to the community.

# **Join the conversation on Ankr’s channels**

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

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Ankr’s Approach to Safety, Risk, and Protecting Our Community

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Networks

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![Base.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/Base_0b381ca82a.jpg)

Ankr is thrilled to announce an essential addition to our RPC service with Base blockchain endpoints. Ankr’s RPC connections to Base will allow developers to build dApps on top of the network that have the ability to quickly and reliably communicate with the network and execute onchain transactions.

Ankr’s RPC API solutions for Base are now listed on the website’s [documentation](https://docs.base.org/tools/node-providers), providing a readily accessible tool for web3 developers to begin building their applications. Ankr’s node infrastructure aims to help scale Base as the network opens its public mainnet on August 9 for global use.

## What is Base?

Base is an Ethereum Layer-2 blockchain that was built to become the onchain home for Coinbase products, users, and assets. It also serves as an open ecosystem allowing Web3 developers to create new dApps on top of the network. Powered by Optimism's OP Stack, Base aims to be one of the most secure, scalable, and interoperable EVM L2s in existence.

**[Learn more about Base.](https://base.org/)**

## A Word From Base & Ankr’s CEO

*“Node providers are essential to support builders deploying their dapps on Base, and we’re excited to work with teams like Ankr that are helping provide a strong foundation and help us deliver on the vision to bring the next billion users onchain.”*

-- Jesse Pollak, Creator of Base and Head of Protocols at Coinbase

*“Ankr is incredibly excited about the potential for a more unified and standardized blockchain ecosystem with Base and Optimism’s OP stack. Interoperable scaling solutions working together with Ethereum as a settlement layer create a user-friendly means of onboarding the next billion citizens of web3. We’re going above and beyond to support the network with high-performance Base node infrastructure and connections.”*

-- Chandler Song, Co-Founder & CEO, Ankr

## What Are Ankr’s New Base RPC Connections?

- Ankr’s Base RPCs (Remote Procedure Calls) connect wallets, command-line interfaces, or dApps with the Base blockchain. They act as a messenger or blockchain router that relays on-chain information between Base nodes, dApps, and ultimately end-users so they can execute necessary tasks like making transactions, populating wallet balances, fetching ownership information, and much more.

- Base RPC endpoints are a gateway for developers to interface directly with the Base network — a portal to communicate easily, remotely, and with no need to go through the DevOps of establishing their own Base nodes.

- Ankr is providing a geo-distributed Base RPC comprised of blockchain nodes running worldwide for incredibly low-latency and reliable connections.

**[Get started now with our Base RPC endpoints!](https://www.ankr.com/rpc/base)**

## How Do the Base RPCs Help Developers?

Building with Base is an excellent choice to create connected and scalable dApps but requires access to the information on Base nodes to do so. Therefore, Ankr’s RPC solves the following developer troubles:

**Eliminates complex node ops** - Ankr’s Base RPCs will completely remove the need for many developers to set up their own Base nodes, removing hours of time spent building, calibrating, and fixing node issues.

**Grants access to advanced tools -**  Ankr’s [Premium RPC Plan](https://www.ankr.com/rpc/pricing/) instantly grants access to the best tools to build applications quickly, including:
- At least 90,000 Base requests/min
- High request priority
- Global node locations
- Telemetry
- Debug mode
- Support Portal
- WebSockets (WS) capabilities

**Powers apps and open-source software that need access to Base** - Connect with a cluster of high-performance nodes that holds the information you need to build and operate dApps with Base blockchain capabilities.

**Supports the Base network**Ankr will strengthen the Base network globally by offering easier development and a broader, distributed node infrastructure.

## Get Started Building On Base For Free

You can get started now by heading to [Ankr’s RPC Service](https://www.ankr.com/rpc/) to make your first call! You can use the endpoint **https://rpc.ankr.com/base** to call the Base chain using the standard EVM JSON RPC methods.

Join the Conversation on Ankr’s Channels

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](http://discord.ankr.com/) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Build On Base With Ankr’s Newest RPC Connection!

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