Tagged: dapps

DeFi Lending Protocol MakerDAO Announces Launch Date of Spark Protocol, a New Decentralized Application

MakerDAO, which claims to be the “longest-standing” DeFi lending protocol and creator of DAI, the original decentralized stablecoin, has announced the official launch date of Spark Protocol, a MakerDAO-centric decentralized application. Starting from May 9th, Spark Protocol will “serve as the underlying infrastructure for Spark… Read More

Ethereum L2 Network Mantle Partners with Ankr Ahead of Mainnet Launch in Q2 2023

Mantle, a high-performance, modular Ethereum layer-2 network, has announced a partnership with Ankr ahead of its upcoming mainnet launch in Q2 2023. Ankr, a web3 development hub and node infrastructure provider, is “the latest partner to join the Mantle ecosystem, and will be the first… 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

Web3 Adoption: Robinhood Introduces New Features to Streamline Access to Web 3.0 Services

The team at Robinhood (NASDAQ:HOOD) have introduced new features to simplify access to Web 3. According to the firm, Robinhood Connect helps “make Robinhood Crypto the most trusted, lowest cost and easiest to use crypto on-ramp.” Recently, at Consensus 2023, Robinhood Crypto GM Johann Kerbrat… 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

Dr. Amrit Kumar: COO at Altlayer Explains How Blockchain Ecosystem, Web3, dApps Are Evolving to Meet User Requirements

We recently connected with Dr. Amrit Kumar, COO at Altlayer, which focuses on building key infrastructure for Web 3.0, an evolving set of standards that aims to support the Internet of the future. Dr. Amrit Kumar (currently at Altlayer) previously co-founded Zilliqa Research, where he… Read More

Blockchain Platform Vechain Integrates with DappRadar, Opening Up VechainThor Ecosystem

In keeping with their promise to continue supporting and expanding the vechain ecosystem, the team are pleased to share that, as of today, VeChain has been formally integrated with DappRadar, which claims to the world’s largest global Dapp store and cross-chain Dapp community. Users can… Read More

Decentralized Applications: Sentio Secures $6.4M to Bring Modern Observability to dApps

Sentio has raised $6.4 million to bring modern observability to decentralized applications. The investment round was “led by Lightspeed Venture Partners with participation from industry leaders Hashkey Capital, Canonical Crypto, Essence VC and GSR Ventures.” The Sentio team “consists of veteran engineers from Google, Linkedin,… Read More

Ethereum (ETH) Blockchain Development: Monad Secures $19M to Build Fundamentally Optimized EVM

Monad Labs is announcing their $19M seed round, “led by Dragonfly Capital and with participation from Lemniscap, Placeholder, Shima Capital, Finality Capital, and Credibly Neutral, as well as over 70 angels, including Cobie, Hasu, 0xMaki, and a number of other leaders in the space.” This… Read More

Financial Privacy focused Crypto Protocol Beam Shares Key Updates from Past Year

Beam celebrated its 4th anniversary on January 3rd 2023. During that time, Beam claims it has “cemented its place as the top confidential cryptocurrency in terms of features, stability and confidentiality, constantly evolving and improving in all categories.” Launched in 2019, Beam is described as… Read More

Digital Asset Infrastructure Provider Wyre Integrates with BNB Chain

Wyre is pleased to announce their recent integration with BNB Chain. This partnership allows their developers building with Wyre the ability to leverage their entire API stack on BNB Chain “as well on-ramping directly into $BUSD and $BNB through all payment methods.” This integration is… Read More

Evmos Finalizes $27M Token Sale to Support Development of dApp Platform

Evmos, the port-of-entry from Ethereum to Cosmos, sees its core developer, Tharsis Labs, announcing it has raised $27M in Seed funding “to accelerate the growth of its ecosystem of interoperable dApps.” The round was “led by Polychain Capital with participation from Galaxy, Huobi, HashKey, Coinbase… Read More

Li Jun: Founder of Ontology Says Ethereum Merge Performance Enhancements May Take A Few Years to Become Apparent

We recently connected with Li Jun, Founder of Ontology, the project that claims it is bringing trust, privacy, and security to Web3 through decentralized identity and data solutions. Li Jun has commented on the key developments in the crypto and blockchain space following the Ethereum… Read More

Digital Asset Firm OKX Teams Up with Pyth Network

OKX, which claims to be the world’s “second largest” cryptocurrency exchange (presumably after Binance), announced that it is partnering with Pyth network, a next-generation Oracle solution built on the Solana blockchain and designed “to provide trusted and verifiable market data to decentralized applications.” Pyth operates… Read More

Aleph.im Introduces Open Source Indexing Solution for Solana

Aleph.im, the Web3 cloud platform for computing services, file storage and indexing solutions, announced the launch of their open source and “decentralized” indexing solution for the Solana ecosystem, in order “to accelerate the development of decentralized applications through accessible data queries and integrations.” As the… Read More

Fireblocks Expands Web3 Connectivity with NEAR DeFi, dApps Support

The team at Fireblocks is pleased to announce support for DeFi on NEAR, “enabling connection to NEAR dApps via their Web3 engine.” Effective immediately, Fireblocks users can “securely access DeFi yields through lending, borrowing, and any Web3 apps built for NEAR that integrate WalletConnect.” Fireblocks… Read More

Amir Husain: Board Director at Navigate Explains How Decentralized Web3 Platforms Can Help Users Monetize their Data

Data monetization allows social media websites and tech giants across the globe “to accumulate significant revenue from user’s personal information,” according to an update shared with CI. Facebook, for example, earns “up to US$900 per year (£670) by selling each user’s personal information to other… Read More

W3 Storage Labs, a Decentralized Application Company, Finalizes $3M Pre-Seed Round

W3 Storage Lab, a Web3 “decentralized” application company, announced that it closed a pre-seed financing round of $3 million. The investment round was “co-led by Draper Dragon and OKX Blockdream Ventures with major participation from Lingfeng Capital and participation from other investors.” Proceeds from the… Read More

Digital Assets Custodian Copper.co to Support DeFi Connectivity with Solana

Copper.co, the provider of digital asset custody, prime services and trading infrastructure to institutions, is reportedly becoming the first digital assets custodian “to support decentralized finance (DeFi) connectivity with Solana, the high-performance public blockchain ecosystem.” The integration with Solana “provides Copper’s customers with the unique… Read More

Injective Acquires $40M from Jump Crypto, BH Digital to Support Growth

Injective, a blockchain built for finance, recently announced a new $40 million funding round led by Jump Crypto. BH Digital, the crypto arm of famed hedge fund manager Alan Howard, has also joined the investment round. Injective claims it is “the first fully decentralized smart… Read More

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