Tagged: dapps

New Non-Fungible Token or NFT Standard TRC-721 Introduced by TRON to Open New Prospects for Blockchain

TRON has launched a new non-fungible token or NFT standard, called TRC-721, in order to open up new “prospects for blockchain.” TRON‘s first NFT standard protocol TRC-721 was officially announced on December 24, 2020. The introduction of this standard is expected to help with implementing… Read More

Blockchain and DeFi Platform Developer Ava Labs Announces Avalanche to Ethereum Bridge, Ready for January 2021 Launch

The developers at Avalanche, a blockchain project led by Cornell professor Dr. Emin Gun Sirer, claim that their platform is showing “no signs of slowing down.” In January 2021, the Avalanche-Ethereum Bridge will be introduced on mainnet, a “tremendous” effort across multiple organizations including ChainSafe,… Read More

Ontology and Litentry, a Blockchain enabled ID Management Layer, to Support Decentralized ID and Credit Scoring Solutions

The developers of blockchain platform Ontology have teamed up with Litentry in order to accelerate the adoption of decentralized identity and credit scoring solutions (both created by Ontology). Through the partnership, both organizations aim to offer greater data privacy and transparency to people using digital… Read More

Ethereum Platform Improvements like Better Blockchain Developer Experience, Sufficient Scalability will Help ETH Maintain Dominance: Report

Researchers at Coinbase recently looked at Ethereum (ETH) competitors (often referred to as Ethereum “killers”) and several other new blockchain or distributed ledger technology (DLT) platforms. Ryan Yi and Justin Mart from Coinbase Ventures analyzed the current landscape of DLT-powered smart contract platforms and emerging… Read More

Instant Digital Asset Exchange Service Kyber Network Reports Third Month of $300 Million+ Volume in November 2020

The developers of the Kyber Network (KNC), which provides a tool that allows traders to exchange tokens instantly without having to use exchanges, recently released their monthly progress report. The Kyber Network team notes that 2020 is now almost behind us and it’s been a… Read More

Major Blockchain Platform Cardano Handles Hard Fork Updates Automatically and “Smoothly,” Unlike other DLT Platforms, Developer Claims

Fork

The development team at Cardano (ADA), a major DLT network for building decentralized applications or dApps, notes that the platform’s development has been conceived as “a journey involving five overlapping development themes, each of which is underpinned by a consensus protocol – Ouroboros.” Kevin Hammond,… Read More

Ethereum Competitor Tron’s Founder Justin Sun Aims to Transform Blockchain Platform into Fast, Ultra-Cost Effective DLT Network

Justin Sun, the Founder of Tron (TRX), a major platform for building blockchain-based decentralized applications (dApps), has announced that TRON is planning to “adjust the incentive mechanism of the entire network with a focus on encouraging long-term holders who stake tokens for voting.” It’s worth… Read More

NEO, a Blockhain Platform Offering Digitized Payments, IDs, and Assets, Now Supports Over 100 Decentralized Applications

NEO, which describes itself as a “rapidly growing and developing” blockchain ecosystem that aims to serve as the foundation for the next generation of the Internet (or Web 3.0), currently has a market cap of over $1.2 billion with each NEO token trading at over… Read More

New Ethereum Smart Wallet from Loopring Feels like Traditional Fintech Apps but Also Self-Custodial and Privacy focused

The developers at Loopring, which allows anyone to create “high-throughput,” non-custodial, orderbook-based exchanges on Ethereum by leveraging Zero-Knowledge Proofs or ZKPs (for financial privacy), have introduced a beta version of the Loopring Wallet – which is notably the first Ethereum smart wallet with built-in zkRollup… Read More

Anchorage Teams Up with Tokensoft to Offer Wrapped Filecoin (wFIL) on Ethereum Blockchain

Anchorage, a company that aims to help institutional investors with adopting digital assets, has partnered with Tokensoft to bring wrapped Filecoin (wFIL) to the Ethereum (ETH) blockchain. Diogo Mónica, Co-Founder and President at Anchorage, states that his organization is looking forward to welcoming wrapped Filecoin… Read More

Waves Protocol Team Partners OKExChain Developers to Work on Cross-Chain DeFi Projects

The Waves Protocol team has teamed up with the developers of OKExChain in order to work on distributed ledger tech (DLT)-focused projects. The development of a cross-chain decentralized finance (DeFi) ecosystem and developer-friendly tools will be the primary focus of the collaboration between the Waves… Read More

Binance Now has Over 13 Blockchain Initiatives being Supported by its $100 Million Accelerator Fund

Binance, the world’s largest digital asset exchange in terms of trading activity and scope of operations, has issued an update regarding its $100 million accelerator fund. The Binance team revealed that there are now more than 13 different projects being supported by the exchange’s $100… Read More

Brendan Blumer, CEO at Block.one, Predicts that the Future Is Compliant Open-Source Programmable Finance, Not Necessarily DeFi

Brendan Blumer, CEO at Block.one, the company behind EOS, one of the largest platforms for building blockchain-based decentralized applications (dApps), has acknowledged that the innovation in the decentralized finance (DeFi) space is “revolutionary.” However, the recent guidance provided by global regulatory authorities regarding crypto and… Read More

China’s Public Blockchain Network Nervos Launches sUDT Token Standard to Compete with Ethereum ERC-20

China-based Nervos, a major public blockchain-based network, has reportedly launched its own token standard, sUDT (Simple User-Defined Token), in order to compete with Ethereum’s widely-adopted ERC-20 standard. As mentioned in a release shared with Crowdfund Insider, the sUDT standard will allow blockchain or distributed ledger… Read More

Ethereum Development Studio ConsenSys Acquires Truffle, a Widely Used Set of Blockchain Developer Tools

New York-based ConsenSys, a company that supports Ethereum (ETH) development and various other blockchain-focused initiatives, has reportedly acquired the team and technology of Truffle. As mentioned in a release shared with Crowdfund Insider, Truffle Suite is one of the most widely used blockchain or distributed… Read More

Tel Aviv based Fintech Fuse.io Partners with Ramp to Make it Easier to Buy Cryptocurrencies using Fiat Directly Via Fuse Wallet

The development team at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” recently partnered with Ramp in order to “ease the onboarding process” of… Read More

Pavel Bains: CEO at Bluzelle Networks Explains how Decentralized Applications Can Provide More Robust and Reliable Financial Infrastructure

We recently caught up with Pavel Bains, CEO at Bluzelle Networks, a company and platform that aims to develop fast, adaptive, and agile distributed ledger technology (DLT)-based solutions for the finance sector. Bains talked about the challenges associated with working on centralized platforms. He discussed… Read More

DeFi Protocol MANTRA DAO to Integrate Bluzelle’s Decentralized Database into Products like KARMA Rating Protocol

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, will be integrating Bluzelle’s decentralized database (Bluzelle DB) into future products like the KARMA rating protocol. Bluzelle is powered by… Read More

“Ultra Fast” Blockchain Network IOST Connects Gravity Network to Support Cross-Chain Functionality

IOST, an “ultra-fast” and “decentralized” blockchain network based on the “next-generation consensus algorithm “Proof of Believability,” recently connected with the Gravity Network in order to support cross-chain functionality. As mentioned in a blog post by Waves Protocol developers: “As Gravity expands the list of its… Read More

DeFi Experienced Explosive Growth in 2020, but Sector Needs More Regulatory Clarity and Better Compliance Programs: Chainalysis

Blockchain analysis firm Chainalysis confirms that decentralized finance (DeFi) is growing at “warp speed,” however, regulatory guidelines and compliance requirements still remain unclear. The Chainalysis team states in a blog post that DeFi’s explosive growth has been one of cryptocurrency’s “biggest stories” of 2020. The… Read More

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