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AMD Collaborates With Wormhole Ecosystem to Enhance Blockchain Interoperability with Hardware Accelerators
21.2.2024
The interoperability platform Wormhole announced a collaboration with Advanced Micro Devices (AMD) to integrate AMD's FPGA hardware accelerators into the Wormhole ecosystem to boost blockchain interoperability while ensuring a seamless user experience for the Web3 ecosystem.
The post...
Analog Raises $16M in Funding for Cross-Chain Project, Reaching $120M Valuation
13.2.2024
Analog has raised $16 million in the latest funding round to develop its cross-chain communication tools at a valuation of $120 million. According to a recent social media post by Analog, the funding round led by Tribe Capital has funneled $16 million to Analog. The company plans to utilize...
Analog Secures $16 Million for Web3 Interoperability Boost, Launches Cross-Chain Partnership Program
13.2.2024
On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore, Analog has launched its Launch Partners Program...
Polygon Introduces ‘AggLayer,’ Aims to Simplify Blockchain Integration Across Platforms
25.1.2024
Polygon Labs plans to release “AggLayer,” a new blockchain aggregation layer, in February. This development aims to enhance interoperability across blockchain platforms. According to Polygon’s recent blog, AggLayer is designed as a centralized protocol that aggregates zero-knowledge (ZK) proofs...
Polymer Labs Secures $23 Million to Build Ethereum’s ‘Interoperability Hub’
25.1.2024
Polymer Labs, the inter-blockchain communication (IBC)-based networking layer two (L2), recently disclosed that it had raised $23 million via a Series A funding round. Polymer said only Ethereum and all chains under the IBC control will initially be compatible with its interoperability solution....
Ethereum Interoperability Hub Polymer Raises $23M Series A Funding From Marquee Investors
23.1.2024
The funding round was co-led by Blockchain Capital, Maven 11 and Distributed Global and included contributions from Coinbase Ventures, Placeholder and Digital Currency Group
Chainlink, Circle Partner to Enhance USDC Cross-Chain Transfers – Here’s How it Works
17.1.2024
Source: Circle Decentralized oracle platform Chainlink (LINK) announced the latest partnership with Circle to ease cross-chain USDC stablecoin transfers. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has integrated Circle’s Cross-Chain Transfer Protocol (CCTP), which enables...
Chainlink Teams Up With Circle to Allow Cross-Chain Stablecoin Transfers
16.1.2024
The integration allows developers to build cross-chain use cases via Chainlink's CCIP that involve multichain transfers of Circle's USDC stablecoin
Hedera and Algorand Ecosystems Unite to Form DeRec Alliance for Decentralized Asset Recovery System
11.1.2024
Source: iStock/PeopleImages Entities from the Hedera and Algorand ecosystems, including the HBAR Foundation, Algorand Foundation, Hashgraph Association, Swirlds Labs, DLT Science Foundation, and industry partners The Building Blocks and BankSocial, have come together to establish the Decentralized...
Building a Super App for Chain-Agnostic Execution – Omar Zaki, Founder of Composable and Picasso
9.1.2024
Composable and Picasso are the team leading the extension of IBC to all ecosystems in order to bring to life secure and chain-agnostic interoperability for users and builders. Picasso currently powers cross-ecosystem IBC across Polkadot, Kusama, Cosmos with 20+ connected chains and soon Ethereum...
IOTA’s ShimmerEVM Bolsters Onboards Cross-Chain Capabilities With LayerZero's Technology
27.12.2023
The Shimmer bridge, a tool that transfers value between different blockchains that connect to LayerZero, will launch today
Will the Next Bull Market Repeat the Success of “DeFi Summer”? It Depends on Seamless Cross-Chain UX
21.12.2023
Interoperability, enabling seamless transactions and communications across multiple blockchains, has long been a goal of crypto developers. Only with truly seamless interoperability is it possible to unlock the network effects of blockchain ecosystems, allowing liquidity and users to flow between...
The Protocol: Blockchain Tech Predictions for 2024, Er… Best Guesses
20.12.2023
Why not try? At least? Check out The Protocol's FIRST ANNUAL list of blockchain tech predictions for the coming year. ALSO: Ledger hack sows DeFi discord while Ordinals "NFTs on Bitcoin" activity produces Bitcoin fee spike and a lucrative surprise at Sotheby's
European regulator: CASPs should work on protocol interoperability, self-hosted wallets
24.11.2023
The European Banking Authority wants to update existing anti-money laundering rules and combat the financing of terrorism for crypto providers
Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps
17.11.2023
Decentralized exchange Sushi will test native Bitcoin DeFi functionality that promises to allow users to swap BTC across 30 blockchain networks
'Intents' Are Blockchain's Big New Buzzword. What are They, And What Are the Risks?
15.11.2023
Intent-centric programs are quietly transforming how we operate on blockchains, but they bring risks as well as benefits
Injective integrates Kava for stable asset interoperability
3.11.2023
Injective has announced integrating Kava to boost access to stable assets like USDt. The development comes against the backdrop of Injective securing an association with the Tether Foundation. The integration entails two aspects: Direct IBC bridging of USDt into the ecosystem of Injective, with...
Kadena and Ideasoft use Hyperlane for EVM Interoperability
1.11.2023
Kadena has announced its partnership with Ideasoft. The objective is to introduce EVM interoperability through Hyperlane. It has been described as simply bringing the next-generation bridge to the ecosystem. Some of the key components that go live under this association are: DeFi financial...
Neo Announces EVM-Compatible Sidechain to Prevent MEV Attacks
27.10.2023
Neo, the open-source blockchain platform, has revealed its plans for the development of a new Ethereum Virtual Machine (EVM)-compatible sidechain, a move aimed at expanding its capabilities in the decentralized finance (DeFi) sector. Sidechain Will Offer Interoperability With NEO N3 Mainnet In...
Chinese Tech Giant Tencent Joins CBDC Interoperability Pilot
28.9.2023
China’s Tencent, the operator of the WeChat and WeChat Pay platforms, will join central bank-led digital yuan and CBDC interoperability pilots.
WeChatPay, along with its rival Alipay, has cornered some 15% of the Chinese payments market.
But in recent years, Tencent has moved to align with...