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Radix will be the part of the idOS consortium


Radix is becoming a member of the idOS Consortium, a decentralized identity network that is specifically designed to store and manage access to decentralized identities. Currently, it is catering to a large number of authenticated users. It was created with the assistance of a variety of framework...

Fireblocks now offer Core, expanding institutional BTCFi access


Core, a layer-one blockchain powered by Bitcoin that is compatible with EVM-compatible smart contracts, is now accessible on Fireblocks. The Core is tasked with bringing Bitcoin finance to life through a unique Bitcoin staking protocol. It is delightful to note that the very first yield-bearing...

Solana surges amid memecoin activity and DeFi


Solana ($SOL) was seen marking an uptick of 5% amid a rise in trading activities. It pertains to an increase in interest in meme coins. The scenario affects Solana because it demonstrates its ability to handle a larger number of transactions with scalability. Other factors that have contributed...

Misyon Bank launches an Avalanche-based asset tokenization platform


Turkey-based Misyon Bank, an investment bank and one of Turkey’s first neobanks, has recently launched a platform that enables the tokenization of real-world assets on the Avalanche blockchain network. Misyon Bank announced this on June 5, describing it as a comprehensive platform that enables...

Holesky launch: AVS’s begin testing restaker and operator rewards


EigenLayer has recently released the first version of its rewards system on the Holesky testnet, which shows that they are making steady progress. This first phase allows AVSs to engage with the rewards system, assess the structure of incentives for both restakers and node operators, and allow...

Injective publishes community updates for May


Injective has published community updates for the previous month, that is May 2024. It encapsulates everything that Injective has achieved, or every aspect in which it has made significant advancements. While the list is long, a total of three things stand out: Arbitrum inEVM integration, Helix...

Coinbase’s Base Ethereum Layer-2 network sees a rise in activity


Coinbase is experiencing increased traction on Base, its Ethereum layer 2 network, largely due to its forthcoming smart wallet, which is gaining investor interest. Its TVL is also experiencing an unusual escalation.  Over the past three months, Base has succeeded in surpassing Arbitrum and Optimism...

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