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Rwandan central bank proceeds with ambitious retail CBDC project
8.5.2024
The African country is eyeing a tokenized retail CBDC with offline transfer capabilities as it heads toward a cashless economy
HKMA Establishes Working Group to Set Standards for Wholesale CBDC Interoperability
8.5.2024
Project Ensemble Architecture Community will assist in the implementation of the Sandbox, slated to launch by mid-2024.
The post HKMA Establishes Working Group to Set Standards for Wholesale CBDC Interoperability appeared first on Cryptonews
HBAR Foundation to promote Web3 Interoperability through partnerships
7.5.2024
The Hedera Network, Stacks, Moonriver, and Iron Fish have all signed up for the devnet-phase pilot of Interchain Amplifier, a revolutionary service created by Interop Labs for the Axelar network. This is the first service of its kind, as it enables permissionless connectivity across leading...
LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop
6.5.2024
LayerZero Labs, a renowned cross-chain interoperability protocol, has vowed to tackle the issue of sybil farmers ahead of its highly anticipated airdrop.
The post LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop appeared first on Cryptonews
LayerZero Takes Snapshot as Airdrop Draws Closer
2.5.2024
The interoperability protocol indicated that there will be a series of airdrops
LayerZero cross-chain interoperability protocol completes first airdrop snapshot
2.5.2024
LayerZero’s ZRO perpetual futures contract is trading at $8.6 on Hyperliquid, the world's largest perps DEX, suggesting a potential $17 billion fully diluted valuation
Chainlink debuts new protocol aimed at boosting cross-chain interoperability
24.4.2024
The Cross-Chain Interoperability Protocol will make cross-chain smart contracts more interoperable across nine blockchain networks
Cosmos patches ‘critical’ IBC protocol bug, saving $126M
24.4.2024
IBC has always had the bug, but it only recently became exploitable due to developments in the protocol’s codebase, Asymmetric Research said
Union Labs Plans Polygon-to-Cosmos Bridge with New AggLayer Integration
18.4.2024
The new technology from Union Labs comes after the blockchain interoperability project raised $4 million in November
Somnia launches Betanet, ushering in a new era of interoperability in the Metaverse
15.4.2024
Somnia, an L1 and a set of omnichain protocols has taken another step towards its goal of a connected metaverse with the recent launch of its protocol Betanet. This significant milestone marks the beginning of a new era in the metaverse, where experiences and assets can seamlessly move across...
ATOR joins Peaqosystem to boost blockchain interoperability
12.4.2024
ATOR, a prominent player in the blockchain space, has announced its integration into the Peaqosystem, a dynamic ecosystem built on the Peaq blockchain protocol. This strategic partnership marks a significant milestone in fostering blockchain interoperability and expanding accessibility...
Chainlink Aims to Make Transfers Across Blockchains Safer with New Bridge App 'Transporter'
11.4.2024
The bridge leverages Chainlink's CCIP tech, and allows users to transfer crypto assets across multiple blockchains, starting with Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and WEMIX
Standardization of Blockchain Data Format Enhances Interoperability Between Chains – Nick Yushkevich
3.4.2024
According to Nick Yushkevich, standardization of blockchain data formats is crucial as it enhances the interoperability of distinct protocols and fosters broader adoption of the technology. Yushkevich, the director of product at blockchain infrastructure provider Quicknode, added that such...
Get Ready: Wormhole’s Token Airdrop Opens Today for Claiming
3.4.2024
Interoperability platform Wormhole is set to launch its highly anticipated token airdrop at 7:30 a.m. ET on April 3, 2024.
The post Get Ready: Wormhole’s Token Airdrop Opens Today for Claiming appeared first on Cryptonews
Near Foundation Introduces Chain Signatures and Multichain Transactions
27.3.2024
The Near Foundation has announced that Near protocol now supports chain signatures, enhancing interoperability and user experience.
The post Near Foundation Introduces Chain Signatures and Multichain Transactions appeared first on Cryptonews
Espresso Systems Secures $28 Million in Series B Funding Led by a16z Crypto
22.3.2024
Espresso Systems raises $28 million in Series B funding led by a16z crypto to enhance Ethereum Layer 2 scalability and rollup interoperability through its marketplace.
The post Espresso Systems Secures $28 Million in Series B Funding Led by a16z Crypto appeared first on Cryptonews
Goldman Sachs, CBOE, Standard Chartered, and Others Complete Blockchain Interoperability Pilot on Canton Network
14.3.2024
Goldman Sachs, the CBOE, Standard Chartered, and other financial institutions participated in the pilot of the Canton Network, a protocol aiming to achieve interoperability in apps using resources from various blockchains. Digital Asset, the company behind the pilot, stated that this test showed...
Crypto Is (and Isn’t) Money
11.3.2024
Navigating the Wormhole Airdrop: Defi’s Next Big Token Drop Explained
7.3.2024
Wormhole, a platform fostering blockchain interoperability within decentralized finance (defi), has unveiled plans for an airdrop of its proprietary token, W. The initiative is part of the protocol’s broader aim toward progressive decentralization, rewarding dedicated users and developers...
Native Token Transfers Are the Next Evolution of Interoperability
6.3.2024
Wrapped assets introduced a wave of DeFi innovation that cross-chain protocols are looking to take forward