Search Results for: Ethereum Virtual Machine

Monad Labs to Support Ethereum Virtual Machine Development and dApps with $225M in Funding

Monad Labs says that it is accelerating the Ethereum Virtual Machine or EVM so that decentralized apps can “eat the world.” The EVM is the standard of web3; over 96% of all capital in DeFi is in EVM apps. In spite of this, EVM-compatible blockchains… Read More

MultiBit, an Ethereum Virtual Machine (EVM) and Bitcoin Bridge, Introduces Alchemy Pay’s On-Ramp Solution

MultiBit, a dual sided bridge between EVM and bitcoin, has introduced Alchemy Pay’s On-Ramp solution on its website. This integration reportedly enhances user convenience, “enabling them to utilize their chosen fiat payment methods effortlessly to acquire $MUBI token on MultiBit’s platform. Furthermore, the $MUBI token… Read More

DeFi Adoption: Neo Unveils Ethereum Virtual Machine (EVM) Compatible Sidechain

Neo, the open-source, community-driven blockchain platform, revealed that development is underway on a new EVM-compatible sidechain that will enable developers “to deploy smart contracts, and open the Neo ecosystem up to a wide range of trading-specific use cases such as DeFi.” As a separate blockchain… Read More

Worldcoin Update to Help Create Bridge for Ethereum Virtual Machine (EVM) Compatible Chain

Contributing Worldcoin developers recently updated the project’s state bridges to use a new architecture that saves gas and enables anyone to easily “create a bridge for any Ethereum Virtual Machine (EVM) compatible chain.” With the revised architecture, teams can now “develop and operate their own… Read More

Ethereum Virtual Machine Compatible Solutions: Horizen, Auros to Enhance Liquidity For EVM-Compatible Smart Contract Platform

Horizen, a layer-0 public blockchain, and Auros, a global algorithmic trading and market making firm, have entered a strategic partnership that will increase widespread access to $ZEN in preparation for the launch of the EON ecosystem, Horizen’s new EVM-compatible smart contracting platform. The partnership is… Read More

Ethereum Virtual Machine Compatible L1 Blockchain Celo Integrates Safe to Enhance Security Features

Celo, the carbon-negative, mobile-first EVM-compatible layer-1 blockchain is now integrated with Safe, the self-custody infrastructure provider and trusted decentralized custody protocol. Users and builders can now use Safe’s custody and asset management solution “natively on the Celo blockchain.” The events of the past year “have… Read More

Web3: Masa Ethereum Virtual Machine Compatible Soulbound Identity Protocol Mainnet Now Live

Masa, the first Ethereum Virtual Machine (EVM)-compatible Soulbound identity protocol, announced its mainnet launch on the Ethereum network. The mainnet launch of Masa Soulbound Identity “brings a standardized on-chain Soulbound Token protocol and infrastructure to power the web3 economy.” The mainnet launch “empowers users to… Read More

Qtum Successfully Combines Bitcoin’s Taproot with Ethereum Virtual Machine (EVM)

Qtum combines Bitcoin’s (BTC) security with Ethereum’s (ETH) programmability in one platform. One of the most innovative aspects of Qtum is that users can “enjoy both Bitcoin and Ethereum updates.” One of these new updates happens to Bitcoin’s Taproot. As explained in a blog post,… Read More

High-Performance Blockchain Telos (TLOS) Makes Upgrades to its Ethereum Virtual Machine

Telos (TLOS), which is one of the fastest blockchains according to Blocktivity data, reveals in its bi-weekly technical update report that they’ve made some upgrades to the Telos Ethereum Virtual Machine (EVM). The Telos development team notes that this will be their final technical update… Read More

Telos, one of the Most Active Blockchains, Launches Ethereum Virtual Machine Testnet on an EOSIO Blockchain

Telos, one of the “most active” blockchain platforms (according to Blocktivity), has launched an Ethereum Virtual Machine on an EOSIO blockchain. As noted in a release shared with CI: “With the launch of Telos EVM now in testnet, developers can use Solidity (programming language) to… Read More

Ethereum Adoption: Movement Labs Unveils Move Virtual Machine L2 for ETH Network

Movement Labs has announced its plans to launch M2, the first Move Virtual Machine L2 for Ethereum, scaled with Celestia as modular DA. Starting with M2, Movement is building an ecosystem of Modular Move-Based Blockchains, with M2 made possible “by Celestia’s Blobstream and the modular… Read More

Bitcoin and Ethereum based Blockchain Network Hemi Reports $15 Million Investment Round

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Hemi Labs has announced a $15 million investment round to develop and launch the Hemi Network. Hemi is a modular blockchain network built on Bitcoin and Ethereum, “designed to deliver superior scaling, security, and interoperability.” The Hemi incentivized testnet is now live, and its mainnet… Read More

L1 Blockchain Networks Report: Ethereum Upgrades May Enhance Performance, Solana Updates Could Improve High-Throughput Capabilities

The landscape of Layer–1 blockchains has evolved significantly in recent years. Networks like Bitcoin, Ethereum and Solana form the backbone of the cryptocurrency ecosystem, each offering unique approaches to scalability, security, and decentralization. This, according to a report from Coin Metrics. Coin Metrics pointed out… Read More

Stablecoin Transactions Across Tron, Ethereum, Solana Serve As Crucial Proxy for L1 Blockchain Usage – Report

Innovation once more appears to be heating up in the digital asset space as old paradigms are set aside and new horizons become realized, the team at Coin Metrics noted. Coin Metrics also mentioned that Bitcoin is evolving “from a specialized chain whose primary purpose… Read More

Ethereum Adoption: Offchain Labs Remains Focused on Making ETH Ecosystem Accessible

As 2023 came to a close and we enter the new year, OffChain Labs shared that they believe it’s a great opportunity to look back at all of the progress they’ve made. Offchain Labs introduced new products to the broader industry, while continuing their mission… Read More

Ethereum Adoption: Fintech Platform Ramp Partners with Linea, a zkEVM Rollup for Scaling ETH dApps

Ramp, a financial technology company building payment rails connecting the crypto economy to the global financial system, announced a partnership with Linea, a developer-ready zkEVM rollup for scaling Ethereum dapps. This collaboration combines Linea Network’s blockchain technology “with Ramp Network’s robust global payments infrastructure.” In… Read More

DeFi Adoption: Oku, the Crypto Trading Terminal Powered by Uniswap v3, Integrates with zkSync Era, an L2 Ethereum Scaling Solution

GFX Labs, the creators of Oku, the DeFi trading terminal powered by Uniswap v3, are pleased to announce their integration with zkSync Era, a Layer 2 scaling solution for Ethereum. This collaboration brings efficient DEX trading “to zkSync, along with the charts and analytics that… Read More

ZetaChain Secures $27M for Interoperable L1 Blockchain Connecting All Chains, Including Bitcoin, Cosmos, Ethereum

ZetaChain, the layer-one blockchain that brings universal interoperability to crypto, has closed a $27 million equity funding round from a range of top participants. The participants in the equity round “include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation… Read More

Ethereum Adoption: Neon EVM Integrates with Covalent, Enhancing Data Accessibility

Neon EVM, an Ethereum Virtual Machine operating as a smart contract on Solana, announced its integration with Covalent, marking a significant step forward for both platforms. Neon EVM’s recently launched platform “allows developers to use EVM developer tools and Ethereum’s compute layer to transact on… Read More

Ethereum L2 Blockchain, Web3 Networks: Biconomy Brings Account Abstraction for Builders on Mantle

Mantle, the “high-performance,” modular Ethereum Layer-2 network, announced the first of many ecosystem partners ahead of its impending mainnet launch in Q2 2023. Biconomy, a web3 developer and transaction infrastructure platform, is “the latest project to join the Mantle ecosystem and will be the first… Read More

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