Tagged: decentralization

May 15, 2023 @ 12:32 pm By Omar Faridi  |  

NEAR Foundation, the non-profit that supports the on-going growth and development of the Near Protocol, and Outlier Ventures, the global Web3 investor and accelerator, announced the launch of the NEAR Base Camp accelerator program. The first dedicated accelerator program by NEAR Foundation will “take a… Read More

May 14, 2023 @ 4:42 pm By Omar Faridi  |  

Aragon, the platform for building and running decentralized autonomous organizations (DAOs), has implemented a number of safeguards to protect its treasury in response to a coordinated attack focused on draining value from the project. In the wake of the attack and in order to mitigate… Read More

May 9, 2023 @ 7:53 am By Omar Faridi  |  

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

May 2, 2023 @ 11:43 pm By Omar Faridi  |  

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

April 30, 2023 @ 5:36 pm By Omar Faridi  |  

As Web2 social media platforms continue to grapple with concerns about data privacy, misinformation, and content moderation, many users are turning to alternative forms of social media. Among these alternatives are Web3 social media platforms, which are built on decentralized networks and feature community-driven governance,… Read More

April 30, 2023 @ 5:28 pm By Omar Faridi  |  

Etherisc, the open-source, “decentralized” insurance protocol and ecosystem, has launched the first-of-its-kind USDC depeg protection cover to the public. As a peer-to-peer parametric product, customers “receive automatic payouts should the price of the USDC stablecoin fall below its $1 USD pegged value by 0.5% for… Read More

April 29, 2023 @ 12:32 pm By Omar Faridi  |  

The Neon Foundation, the Neon EVM ecosystem accelerator, has entered into a strategic partnership with Pyth Network, a “next-generation” oracle “designed to publish high-fidelity financial market data at sub-second latency to multiple blockchains.” Pyth Network is now “available to all protocols built on Neon. This… Read More

April 29, 2023 @ 12:18 pm By Omar Faridi  |  

ARPA Network has secured a strategic investment from DWF Labs. Together, DWF Labs and ARPA Network will aim to “establish a vibrant, dynamic collaboration, poised to transform the blockchain landscape and usher in new standards of privacy, security, and fairness.” This might “include actions aimed… Read More

April 27, 2023 @ 10:00 am By Omar Faridi  |  

As the world becomes more digitized, auction houses are turning towards decentralized technology to improve the auction process. Decentralized Finance (DeFi) technology is one such innovation that could transform the auction industry, bringing transparency, security, and accessibility to the table. With the rise of blockchain… Read More

April 27, 2023 @ 9:40 am By Omar Faridi  |  

DFlow, a “decentralized” payment for order flow (PFOF) protocol that enables wallets and crypto trading applications to sell their flow to best-execution market makers via open and permissionless auctions, announced that it has successfully raised a $5.5 million funding round led by Framework Ventures, a… Read More

April 23, 2023 @ 7:12 pm By Omar Faridi  |  

Tableland, a permissionless relational database for web3 applications, today announced a $8M Series A round led by CoinFund with participation from Multicoin Capital, Blueyard and A Capital, bringing the company’s total financing to $10.4M. The new funds from the investment round will be used “to… Read More

April 23, 2023 @ 12:47 pm By Omar Faridi  |  

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

April 15, 2023 @ 12:17 pm By Omar Faridi  |  

DODO, an algorithm-driven and decentralized trading platform, has launched Alchemy Pay’s on & off ramp solution on its platform. Alchemy Pay’s payment ramp “supports fiat deposits with Visa and MasterCard, as well as numerous popular fiat mobile wallets in emerging markets.” The ramp integration “makes… Read More

April 9, 2023 @ 3:03 pm By Omar Faridi  |  

The team at TwoX Protocol, which claims to be a decentralized finance protocol issuing yield generative stablecoin, is pleased to announce that TwoX protocol will be “launched on Arbitrum.” Their team have been “researching & discussing which infrastructure is great fit to deploy TwoX primarily since… Read More

April 7, 2023 @ 4:05 pm By Omar Faridi  |  

Ocean Protocol, the decentralized smart-contract platform for data sharing and monetization, has integrated with Orbis, the Web3 social protocol allowing end-to-end encrypted communication between users. This integration “provides all users of the Ocean Market with the right tools to engage and communicate with data buyers… Read More

March 29, 2023 @ 9:26 am By Omar Faridi  |  

MakerDAO, which claims to be the longest-standing DeFi lending protocol and creator of DAI, the original, “decentralized” stablecoin, has announced the approval of the Maker Constitution. Succeeding in a Governance Poll on the MakerDAO forum, The Maker Constitution will gradually “change the operations of MakerDAO,… Read More

March 27, 2023 @ 6:35 pm By Omar Faridi  |  

Banxa, the on-and-off ramp solution for web3, has integrated with The Graph, the decentralized infrastructure protocol, “to allow users to pay with fiat currency to access blockchain data organized by The Graph.” This integration, now “available directly in The Graph’s user interface, decreases barriers to… Read More

March 27, 2023 @ 3:18 pm By Omar Faridi  |  

Nvidia’s (NASDAQ:NVDA) management has recently stated that cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) don’t bring anything “useful” for society. This, despite the firm’s powerful processors selling in massive quantities to the nascent crypto industry. Michael Kagan, Nvidia’s CTO, noted that other popular uses of… Read More

March 16, 2023 @ 6:23 pm By Omar Faridi  |  

VirtuSwap has reportedly integrated PARSIQ’s Tsunami API for real-time synchronization and automation of (decentralized exchange) DEX trading pools. This should help with enhancing efficiency for traders and Liquidity Providers (LPs). VirtuSwap is described as “a decentralized exchange (DEX) built on the Polygon network.” Their unique… Read More

March 15, 2023 @ 10:37 pm By Omar Faridi  |  

Wemade Co., Ltd, which claims to be one of the largest publicly-listed gaming companies in South Korea with a market capitalization of $1.4 billion, has announced a strategic partnership with Space and Time (SxT), a key player focused on decentralized data warehousing. The partnership will… Read More