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Cryptography Network Lit Protocol Raises $13M to Bolster Web3 Autonomy and Interoperability
22.9.2022
The Series A round is being led by crypto investment firm 1kx
OKC Announces IBC Transfers, OKC Bridge, and OKC Swap to Boost Interoperability
15.9.2022
OKC looks forward to adopting a multi-chain approach while enabling seamless cross-chain transactions. The objective is to boost interoperability, and for the same purpose, the platform has announced three new features, namely IBC Transfers, OKC Bridge, and OKC Swap. Projects are already being...
Linux Launches Foundation to Bolster Open-Source, Multi-Purpose Crypto Wallets
13.9.2022
On Tuesday, the non-profit technology consortium, the Linux Foundation, announced the launch of the Openwallet Foundation (OWF) in order to bolster the development of open-source crypto wallets. OWF’s goal is to increase “interoperability for a wide range of wallet use cases”...
Linux Foundation Project Will Tackle Digital Wallet Interoperability
13.9.2022
The OpenWallet Foundation will work with a consortium of companies and non-profits to build an open-source software engine for the creation of digital wallets
Three Types of Cross-Chain Infrastructures That Are Genuinely Solving the Interoperability Dilemma
12.9.2022
Currently, there are several smart contract blockchain networks, most of which have been operating in silos. DeFi natives could hardly move assets across different chains until recently; however, the debut of cross-chain solutions/bridges is gradually changing the landscape. By nature, cross-chain...
Delphi Labs shifts research focus to a new crypto ecosystem... and it’s not Ethereum
9.9.2022
As part of Delphi Digital’s research into major ecosystems to find a new focus for its R&D arm, the firm has selected Cosmos over Ethereum as it thinks the latter is too slow and expensive
GameSwift CEO Wojciech Gruszka Explains Why Developing a Steam-Like Web3 Platform Is a Gamechanger
31.8.2022
GameSwift is a one-stop gaming ecosystem that aims to introduce cross-chain interoperability to web3 gaming. Chain, Web3 Infrastructure, Platform, and Gaming Studio are the four well-designed and integrated pillars of the ecosystem. Its original infrastructure facilitates implementing blockchain...
Why interoperability is the key to blockchain technology’s mass adoption
28.8.2022
Interoperability enables blockchain networks and protocols to communicate with each other, making it easier for everyday users to engage with blockchain technology
Metaverse Startup Ready Player Me Raises $56 Million in Series B Led by Andreessen Horowitz
23.8.2022
The AI-generated avatar creation cross-platform for the metaverse, Ready Player Me, has raised $56 million in a Series B funding round led by Andreessen Horowitz (a16z). The startup’s co-founder and CEO Timmu Tõke says the funding will be used to scale the cross-platform metaverse...
Wormhole Bridge Improves Interoperability for Klaytn
16.8.2022
To create a cohesive metaverse, the interconnection between chains is essential. The integration with Wormhole Bridge that Klaytn has announced will move one inch ahead to a cross-chain future. Between Solana and other leading decentralized finance (DeFi) networks, Wormhole serves as...
LI.FI Integrates with Fuse Network to Boost Interoperability
5.8.2022
LI.FI has partnered with the Fuse Network to stand strong to the belief that the future is beyond one single blockchain with interoperability as the key driver. According to the integration terms, the users of Fuse gain access to the on/cross-chain swapping and bridge transfer mechanism of LI.FI...
Report urges central banks to work together on digital currency interoperability
11.7.2022
The Bank for International Settlements, International Monetary Fund and World Bank say CBDCs should be programmed in advance to avoid interoperability issues
Fork of July: Cardano Vasil upgrade successfully launches on testnet
4.7.2022
With the Cardano testnet hard fork complete, all that remains is to fork the mainnet, which will come in about four weeks, or when developers have had enough time to prepare their tools for the upgrade
Wire Network's new protocol aims to end Web3 interoperability woes
23.6.2022
The protocol promises to eliminate complexities seen with existing interoperability solutions and requires no bridges or oracles to integrate
Why cross-chain interoperability matters for DeFi
21.6.2022
With hundreds of cryptocurrency exchanges available for users to transact on, the question becomes centralized or decentralized, neither of which offers an efficient solution
UniLayer Network: The Next Frontier of Blockchain Interoperability?
2.6.2022
Experts have touted Blockchain interoperability as the “holy grail” for Blockchain adoption. Interoperability, or the ability of different Blockchains to communicate and exchange data with one another, is a crucial step in unlocking the trillion-dollar potential of the Blockchain...
Are You A Big Fan of Blockchain Interoperability? Don’t Miss Polkadot, Cosmos, Quitriam Finance
27.4.2022
Blockchain as we know it is an amazing technology with a lot of bright future waiting for it. But is there any good being done if it’s not able to reach out to other external networks? Right now, this is the problem in the crypto space, and a lot of projects are working autonomously from...
Argentinian Tax Agency Supports Creation of Global Crypto Report System to Avoid Evasion
27.4.2022
The AFIP, the Argentinian tax agency, is supporting the creation of a centralized system that serves as a registry for cryptocurrency holders. According to statements from its head, this would make it easier for tax agencies all over the world to curb evasion. The organization has already made...
The metaverse puts the digital asset interoperability challenge on steroids
20.4.2022
So many metaverses, so little interoperability: The isolation of different metaverses from each other might be the main challenge to overcome to gain mass adoption
Tanzania Officials Want Global Clarity on CBDCs and Crypto Assets
11.4.2022
Officials from Tanzania’s financial sector have called for a clearer global consensus on central bank digital currencies (CBDCs) and crypto-assets. The officials agreed that more discussions still need to be carried out before a final decision is made. Interoperability of CBDCs Just under...