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With its powerful virtual machine, Solana is accelerating seamless Blockchain interoperability
25.6.2024
Blockchain interoperability is one of the major challenges for developers in the Web3 industry, and progress has come a long way. Solana, known as one of the most performant Blockchains of all, is at the forefront of this progress, making significant advances in the quest to deliver seamless...
The Protocol
19.6.2024
In this week's abbreviated issue of The Protocol, we're chronicling the apparent doxing of 'Pharma Bro' Martin Shkreli as the driver behind the recently-but-no-longer mooning $DJT token, plus the SEC's apparent retreat on probing the Ethereum developer Consensys
Holograph fell 80% in 9 hours after exploiter mints 1B additional HLG
14.6.2024
The 1 billion HLG tokens were worth $14.4 million at the time of the first mint, Etherscan data shows
Privado ID spinoff takes identity control solution beyond Polygon
13.6.2024
Polygon’s zero-knowledge self-sovereign identity solution looks to provide privacy with assured authenticity
MultiversX boosts layer-2 transaction speed with Sovereign Chains
11.6.2024
Existing L2 networks can increase their transaction and smart contract throughput by 100 times by utilizing Sovereign Chains
Orbit Chain hacker moves $48M to Tornado Cash after months of ‘silence’
10.6.2024
The cross-chain bridge was exploited for $82 million over New Year’s Eve, with the funds sitting dormant since Jan. 1
Peru adopts India's UPI system to boost financial inclusion
7.6.2024
The Indian instant payment system is gradually making its way around the world. Soc India and Peru collaborate on payments
Polygon Labs Acquires Toposware to Enhance Zero-Knowledge Tech Capabilities
4.6.2024
In a strategic move to bolster its zero-knowledge technology development, Polygon Labs has acquired Toposware, a zero-knowledge (ZK) engineering startup. The deal is aimed at integrating Toposware’s expertise with Polygon’s ongoing projects to advance the entire ZK community. Polygon...
Celo integrates Chainlink's CCIP interoperability protocol
29.5.2024
The Ethereum layer-2 solution is leveraging Chainlink for blockchain interoperability and real-world price data
SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems
17.5.2024
SWIFT China President Wen Yang discusses the challenges and solutions for cross-border CBDC interoperability and initiatives to bridge the technological gaps between different CBDC systems.
The post SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems appeared first on Cryptonews
How DLCs Can Enable Defi Deposits and Fulfill Bitcoin’s Promise
14.5.2024
Bitcoin embodies decentralization, security, and self-sovereignty. But today, financial transactions with Bitcoin require the use of custodians or bridges – a reliance on intermediaries that has led to disastrous losses numbering in the billions of dollars. Discreet Log Contracts (DLCs)...
Lightspark CEO David Marcus: Lightning Network Will Become the World’s ‘Interoperability Neutral Settlement Layer’
13.5.2024
David Marcus, CEO of Lightspark, a company that offers lightning network (LN) related services, has stated that LN will become the “interoperability neutral settlement layer” for the world. Marcus declared that only Bitcoin is “neutral enough” to be implemented as...
Coinbase sees infinite interoperability potential with Ethereum and USDC
9.5.2024
Coinbase head of tokenization Anthony Bassili described plans for its Base network at TokenizeThis 2024 in Miami
Ripple and XRPL Labs Join Alliance to Develop Blockchain Recovery Standards
9.5.2024
Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets. This initiative is expected to simplify the recovery process and encourage widespread adoption by making digital asset management more user-friendly...
Tokenization to unlock interoperability across payments, investments
9.5.2024
During the TokenizeThis 2024 event, executives from Ripple and Stellar discussed the latest trends in tokenization, including the blending of payments and investments
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