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Citi Innovates with Avalanche Blockchain to Tokenize Private Equity Funds


Big four American banking giant Citi has just completed a proof-of-concept (PoC) to tokenize traditional finance (TradFi) assets and distribute them on blockchain. The multinational investment bank and financial services corporation used Avalanche’s Evergreen subnet Spruce “for...

Nil Foundation Launches Type-1 zkEVM for Enhanced Ethereum Scaling Security


Source: Pixabay Ethereum research and development firm =nil; Foundation today announced the launch of Type-1 zkEVM, designed to enhance security and scalability for Ethereum. Operating on the zkRollup framework, the zkEVM incorporates zkSharding technology, promising advanced security while...

Nintendo Accounts Will ‘Ease’ Transition To Next Console, Exec Says


One of the biggest questions about Nintendo’s next console is how it will treat everyone who’s built up a massive library of games on the Switch. Nintendo of America President Doug Bowser isn’t ready to spill the beans about the Switch 2 yet, but he is teasing a smoother transition to the company’s...

Tenet unveils Tenet bridge: LSDs meet Omnichain compatibility!


In a ground-breaking move, LayerZero, a cutting-edge omnichain interoperability protocol, and Tenet, an innovative Layer-1 ecosystem built around liquid staking derivatives, have teamed up to introduce the Tenet Bridge. With the help of LayerZero’s cutting-edge capabilities, this...

Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12


During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the implementation of Beacon chain push withdrawals. This...

Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram


Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms. The digital collectible-sharing ability follows Meta rolling out NFT and Web3...

The Steam Deck Can (Officially) Now Run A LOT More Games


When Valve’s Steam Deck launched back in February, it could only certifiably run a (relative) handful of the platform’s 1000s of titles. The exact number was 399, but now, just a few weeks later, that figure has roughly tripled.Read more

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