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IMF Working on Platform to Support CBDC Cross-Border Interoperability
21.6.2023
The International Monetary Fund (IMF) is working to develop a platform that would serve as an interoperability layer for central bank digital currencies (CBDCs), allowing for settlements among different countries. According to statements from IMF Managing Director Kristalina Georgieva, this would...
Interoperability Protocol Connext Labs Raises $7.5M at $250M Valuation
14.6.2023
Connext said it is "building the HTTP of Web3" to create a communication layer across different blockchain networks
Swift is scouring blockchain interoperability
7.6.2023
Swift has reached out to the global Swift community to conduct a study on how the different communities can utilize their connections to interoperate successfully on multiple blockchain networks. Presently, institutional investors are up against the issue of interoperability on multiple blockchain...
Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains
6.6.2023
Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability company, and Toki, a cross-chain bridge, to allow...
OpenOcean integrates with Ontology’s EVM Chain & boosts interoperability
22.5.2023
OpenOcean has announced its successful integration with the EVM Chain of Ontology. The objective is to enhance interoperability and compatibility for the community of developers. Ontology has also partnered with iZUMi Finance liquidity to make sure that the Web3 experience for cross-chain...
NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test
19.5.2023
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said
ZK Startup Lagrange Labs Raises $4M to Build Secure DeFi Interoperability
18.5.2023
The raise was led by investment firm 1kx and included contributions from Maven11, Lattice Fund, CMT Digital, Daedalus Angels
Web3 interoperability highlighted in Radix - LayerZero partnership
20.4.2023
Web3 interoperability integration between Radix and LayerZero, launching in the second half of 2023, enables cross-chain communication and asset transfers, unlocking omnichain functionality for DApps and assets
Blockchains need an interoperable standard to evolve, say crypto execs
17.4.2023
Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says
EOS EVM to allow interoperability across Ethereum, EOS
14.4.2023
EOS Network Foundation CEO Yves La Rose said that this new development represents the firm's commitment to building a multi-chain future
A ‘Super App’ May Be Web3’s Super Power
13.4.2023
Crypto Protocol LayerZero Raises $120M Series B at $3B Valuation
4.4.2023
The cross-chain interoperability and messaging protocol last raised funds in March 2022 at a $1 billion valuation
Polychain Leads $15M Funding Round for Crypto Startup Polyhedra Network
4.4.2023
The Web3 infrastructure provider has now raised money twice in 2023
‘Killer use case’: Citi says trillions in assets could be tokenized by 2030
31.3.2023
The bank predicts the private equity market to become the most “tokenized” asset class because it is more liquid and can be fractionalized
Japanese Megabank Mitsubishi UFJ Launches Stablecoin Interoperability Pilot
29.3.2023
The Japanese megabank Mitsubishi UFJ Financial Group and domestic blockchain players say they have teamed up to launch a stablecoin interoperability pilot.
In a Mitsubishi UFJ press release, the firm’s trust and banking unit said it was partnering with the Tokyo-based blockchain developer...
Why Optimism (OP), TMS Network (TMSN), and Aptos (APT) are the hottest tokens for scalability and interoperability?
15.3.2023
Scalability and interoperability are some of blockchain’s greatest issues. Today, Optimism (OP), Aptos (APT), and TMS Network (TMSN) are leading the forefront for scalability and interoperability. Among these tokens, TMS Network (TMSN) stood out as a powerful solution for traders seeking...
Kieran Warkwick, Co-Founder of Illivium, on Building AAA Blockchain Games, Raising Money, and Interoperability | Ep. 209
3.3.2023
In an exclusive interview with cryptonews.com, Kieran Warwick, Co-Founder of Illuvium, talks about building the first interoperable blockchain game, the process of building AAA web3 games, and the long-term vision for Illuvium....
Read More: Kieran Warkwick, Co-Founder of Illivium, on Building...
Flare gets NFT platform to increase use cases for interoperability protocols
2.3.2023
The NFT marketplace Sparkles launched on the layer-1 EVM oracle platform Flare for interoperable protocols to expand use cases for NFTs and their holders
Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability
23.2.2023
Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function...
What is a supernet, and how does it work?
20.2.2023
A supernet or umbrella network combines multiple smaller networks or blockchains into one larger network