Tagged: blockchain interoperability

Decentralized Applications: Socket Secures $5M to Bring Interoperability to Coinbase Wallet and Base

Socket, an interoperability protocol that allows asset and data transfer across chains for decentralized applications (dapps), announced a $5 million strategic investment from Coinbase Ventures, the venture arm of one of the world’s largest crypto platforms, and Framework Ventures, a crypto-native venture capital firm known… Read More

Blockchain Interoperability: Connext, Tokensoft to Launch Crosschain Airdrops

Connext, the “pioneering” blockchain interoperability protocol, recently announced it is partnering with Tokensoft, the token launch and distribution platform, to launch Crosschain Airdrops as a Service. For the “first” time, airdrop recipients “can claim their tokens on any chain without the need to bridge or… Read More

Blockchain Adoption: deBridge Integrates Base to Bring High-Performance Cross-Chain Trading, Interoperability between Networks

Coinbase, one of the largest and most established cryptocurrency exchanges in the US and other jurisdictions, is stepping into the Layer 2 market with the launch of Base. As a key blockchain industry move, deBridge has integrated Base “to bring high performance cross-chain trading and… Read More

Decentralized Finance: Symbiosis Adds Arbitrum Nova to Expand DeFi Connectivity

Symbiosis, a cross-chain liquidity protocol, announced the addition of Arbitrum Nova to its platform. This integration will “allow users to swap assets across 12+ chains.” Arbitrum Nova is a new chain that is designed to be more cost-effective and faster than Arbitrum One. It is… Read More

Global Blockchain Network of Networks for Financial Market Participants Set to Launch

  Digital Asset and market participants announce their plans to launch the Canton Network, the industry’s “first” privacy-enabled interoperable blockchain network designed for institutional assets and built “to responsibly unlock the potential of synchronized financial markets.” Canton Network participants reportedly “include 3Homes, ASX, BNP Paribas,… Read More

Decentralized Applications: Wormhole Connect Launches to Enhance Cross-Chain Interoperability for Developers

Wormhole Foundation recently announced the launch of Wormhole Connect, which is described as a simple cross-chain integration solution for decentralized applications (dApps). Wormhole Connect will “provide developers with access to token bridging functionality in as little as three lines of code.” Wormhole Connect is “a… Read More

Blockchain Development: Caldera, Hyperlane to Bring Permissionless Interoperability to its Rollups

Hyperlane and Caldera are pleased to announce their collaboration “to bring permissionless interoperability between any Caldera rollup and to any EVM chain.” Permissionless interoperability “enables any Caldera rollup to self-deploy the Hyperlane interoperability stack and easily access all of its features, ranging from interchain apps… Read More

Blockchain Interoperability, Crypto Wallets: Pine Street Labs Reveals that walletOS Sandbox is Now Available

Pine Street Labs says they are focused on making blockchains usable for all users. As noted in a blog post, each new blockchain “introduces unique transaction lifecycles, encoding schemes, consensus engines, architectures, and more.” As explained in an update from Pine Street Labs, the technical… Read More

Blockchain Networks Messaging Protocol: LayerZero Finalizes $120M Series B at $3B Valuation

LayerZero Labs, the team behind the messaging protocol LayerZero, announced the closing of a $120 million Series B funding round, valuing the company at $3 billion. The investment round “saw participation from 33 investors, including a16z crypto, BOND, Christie’s, Circle Ventures, OpenSea Ventures, Samsung Next,… Read More

Ethereum (ETH) Tools for Web3 Deployed by Electi Consulting, VeChain

Vechain explains that it is dedicated to building the optimal real-world-ready blockchain environment and “enabling full-scale adoption of web3 technologies.” Their Web3-as-a-service platform, VORJ, “offers builders one of the most versatile blockchain tool suites on the market, and caters for users with little-to-no experience building… Read More

Injective, an L1 Blockchain that Brings Cosmos and Ethereum Interoperability to Finance Apps, Shares Key Milestones from Past Year

To say that 2022 was a “monumental” year for Injective is an “understatement,” the developers claim. This past year, Injective not only “focused on continuing to expand its ecosystem while strengthening the layer one chain, but it also accelerated its reach within the broader Web3… Read More

RockX, OKX Chain to Bring Cross-Chain Interoperability to Web3 Apps

RockX, which claims to be one of Asia’s largest staking solutions and institutional-grade blockchain access node providers, announced that it has “integrated with OKX Chain (OKC), an EVM-compatible layer one blockchain, to provide cross-chain node services for users to access the OKC ecosystem.” With this… Read More

THORChain Integrates with Avalanche to Support Multichain Interoperability

THORChain, a non-custodial decentralized liquidity protocol that enables decentralized exchanges (DEXs) and users to seamlessly transfer their digital assets across blockchains, has integrated support for Avalanche, which claims to be the fastest smart contracts platform in the blockchain industry, “as measured by time-to-finality.” Avalanche considers… Read More

Digital Assets, DeFi: ShapeShift to Support Transactions via Avalanche Network

App.shapeshift.com is reportedly becoming a one-stop shop for “all things DeFi.” From being able to connect to our app with 200+ wallets (including Metamask, WalletConnect, and xDefi), to having the ability to buy and sell with the industry’s leading on and off ramps一now, it is… Read More

Mandala Commissions Immutable X to Power Carbon Neutral Metaverse

Mandala, which claims to be a “unique” Metaverse experience that promotes the intersection of technology, spirituality, sustainability and entertainment, is teaming up with Immutable X’s Layer 2 scaling solution on Ethereum “to build a multi-platform interoperable metaverse, leveraging NFTs to combine gripping storytelling with immersive… Read More

Cosmos Builders Foundation Launches to Support Expansion of Interchain Ecosystem

The Cosmos Builders Foundation has reportedly introduced its federation of crypto-native organizations “collaborating toward a more vibrant, egalitarian, and resilient Interchain economy.” In coordination with the Interchain Foundation, the Cosmos Builders Foundation is focused on “supporting the maintenance and development of infrastructural public goods for… Read More

Craig Blitz: Chief Product Officer at Digital Asset Reveals that Goldman Sachs Is Using Daml 2.0 for its Initiatives

We recently connected with Craig Blitz, Chief Product Officer at Digital Asset, which is building the platform, developer tools, and leveraging the best modern infrastructure providers “to change how businesses interact.” Digital Asset (the company) is the creator of the Daml multi-party application platform. Our… Read More

Abhishek Singh: Comdex CEO Talks About the Potential of Commodities Market for Retail Investors

Recently, we connected with Abhishek Singh, the Co-founder and CEO of Comdex, a decentralized synthetics protocol working towards making global financing more accessible to the multitude. Developed on the Cosmos blockchain, the Comdex protocol is building solutions to democratize finance. They use synthetic assets to… Read More

ZkLink Teams Up with Marketplace for Financial NFTs, Pledge Finance

Pledge Finance, the platform for long-term, fixed-rate cryptocurrency-based loans, is pleased to confirm a partnership with zkLink, a provider of secure cross-chain token swaps “powered by zero-knowledge proofs.” As mentioned in an update shared with CI, the partnership will allow Pledge to “integrate with more… Read More

Kava Labs Teams Up With Nervos to Offer Cross-Chain Liquidity

Nervos will reportedly be integrating the Kava network with their cross-chain Force Bridge product to “enable the bridging of liquidity between Kava and Nervos.” As explained in a blog post, the integration will allow for “the movement of native assets between the chains, giving $CKB… Read More

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