Tagged: dlt

Archax, BondEvalue to Deliver Solutions for Trading of Fractional Fixed Income Products

Archax and BondEvalue have announced a strategic partnership “to deliver digital solutions for the ownership, trading and custody of fractional fixed income products using blockchain technology.” Archax, which claims to be the “first” and only Financial Conduct Authority (FCA)-regulated digital securities exchange, broker and custodian,… Read More

Binance Labs Leads $8.5M Seed Funding for Bitquery to Support Development of Blockchain Data Solutions

Binance Labs, the venture capital arm and accelerator of Binance, led a $8.5 million seed funding round for Bitquery as part of its ongoing drive “to support innovative blockchain data solution providers.” The investment round was “co-led by dao5, with Susquehanna, DHVC, INCE Capital, and… Read More

ParallelChain Secures $50M from GEM Digital to Fund Post-Launch Development

ParallelChain Lab, an enterprise-grade blockchain-as-a-service provider that combines high performance with censorship-resistant characteristics, announced it has secured a $50 million financing commitment from GEM Digital. This token subscription facility is “dedicated to funding ParallelChain’s continuous innovation and ecosystem growth following the launch of its mainnet… Read More

STEPN, a Web3 App Leveraging Tokenized Incentives, Reports Over 4M Users

STEPN, a Web3 lifestyle app that leverages tokenized incentives based on blockchain networks to encourage people to be active outdoors, recently celebrated its first anniversary amongst community members. Over the past year, the company “raised $5 million from investors, expanded to over 4.72 million users… Read More

Algorand, Artory Announce Art Collaborations

This month, Artory announced two major projects that deliver the benefits of the Algorand Blockchain to the traditional art market: the blockchain registration of Provenance Revealed: Galerie Steinitz in partnership with Christie’s and the launch of “a diversified and tokenized art fund which will secure… Read More

Saxo Bank Founder Invests €10M in Concordium Blockchain

Lars Seier Christensen, chairman of the Swiss non-profit Concordium Foundation and a global “pioneer” in FX and derivatives trading, has announced further investment in the ecosystem around Concordium Blockchain to the tune of 10 million Euros. Determined to help grow an ecosystem in which he… Read More

Online Gaming: Fragnova Shows “Positive Side” of Web3 Tech with its First Game

Fragnova recently announced that Ambal Duels, a “free-to-play” strategy card game, will be the “first” blockchain-enabled game to be “built using the platform’s unique game development engine, Claymore.” Using blockchain technology means the game will “have immutable assets and modding functionalities, allowing the community to… Read More

DARPA Introduces Crypto Project with Inca Digital

The Defense Advanced Research Projects Agency (DARPA) has awarded Inca Digital‘s government contracting division, Inca Digital Federal, a Phase II Small Business Innovation Research (SBIR) contract “to research advanced methods for analyzing activity related to financial applications of distributed ledgers in a project called: ‘Mapping… Read More

BNB Chain Integrated into ShareRing’s Swapping Function

ShareRing app clients are reportedly able to swap their $SHR tokens between the BNB Smart Chain and ShareLedger (SLP3). Previously, users had to go through “a 3-step process of swapping $SHR from Binance Chain (BEP2) to BEP20 (using Binance Wallet), then to ERC20 (using Multichain),… Read More

Cardano’s (ADA) Upcoming Vasil Hard Fork Expected to Improve Scalability

Fork

Vasil is an enhancement of the Cardano platform, “improving scalability and lowering transaction costs” It improves on the Plutus smart contract platform, “allowing developers to deploy more complex smart contracts,” according to an update shared by Poloniex. It is “scheduled to ship on September 22nd,… Read More

Bictory Finance Introduces Web3 Domains on Concordium

Bictory Finance, a Web3 software technology company, tackling safety & regulatory problems across chains in the DeFi & NFT space, has launched the Concordium Name Service (CNS), a wallet naming system that “maps human-readable names to blockchain addresses for a more friendly on-chain experience.” The… Read More

Stablecoins: Introducing USD2, a Decentralized Stablecoin on the Kadena Blockchain

The Lago DAO recently voted to pass its first proposal, “putting in motion a series of events resulting in the birth of a new decentralized digital currency: USD2.” USD2 is implemented on the Kadena blockchain via smart contracts, which are “controlled by the Lago DAO.”… Read More

Ethereum to Move Transactions Off Mainnet and Onto Layer-2, ETH-Compatible Chains: Report

Now that Ethereum (ETH), the world’s largest smart contract platform, has completed the Merge, it’s time to get ready for the next set of Ethereum upgrades – “the Surge, Verge, Purge, and Splurge.” As noted in an update released via an OKX – Okcoin research… Read More

Naoris Protocol Teams Up with WACEO, a DAO focused Non-Profit Supporting Blockchain Platforms

Naoris Protocol, the blockchain and AI-based Decentralized CyberSecurity Mesh that restores cybersecurity across all sectors of the economy, is announcing a partnership with WACEO, a non-profit specialized in governance, legal, and regulatory compliance “serving DeFi projects, DAOs, DEXs, and other Web3 projects across the globe.”… Read More

Ethereum After The Merge: More ETH Expected to be Destroyed than Created, Report Claims

We’re quickly approaching (or have already followed through with) The Merge, the most notable upgrade in Ethereum’s history and “a crucial turning point for the wider crypto industry,” according to an update from digital asset firm Kraken. As the Ethereum blockchain transitions from proof-of-work (PoW)… Read More

Alterrage Teams Up with Boson Protocol to Open Phygital Web3 Store

Web3’s commerce layer Boson Protocol is partnering with Alterrage, a DAO-led fashion label leveraging blockchain technology, “to create interoperable collections across physical, augmented, and digital spaces.” The partnership will see Alterrage “open a phygital Web3 store where buyers will be able to purchase the unique… Read More

Fetch.ai Network Onboards 40,000 New Users to its Machine Learning, AI-Powered Network

Fetch-ai Network has reportedly on-boarded 40,000 unique users and claims that it’s rapidly scaling its network usage. Fetch-ai Network’s announcement “comes on the heels of its $150 Million Development fund with MEXC Global and ByBit.” Fetch-ai Network’s unique technology called Autonomous Economic Agents (AEA) which… Read More

Federico Kunze Küllmer: Co-founder at Evmos Comments on EVMs, Ethereum (ETH) Network Developments

Unlike most other EVM chains, Evmos claims it has launched entirely as a community initiative without VC funding; 50% of the initial supply of tokens was distributed amongst the Cosmos and Ethereum communities. The governance set of the EVMOS token holders is “extremely active” participants,… Read More

XDC Network to Integrate DeFi, Compliance Tech from Securrency

Securrency, a blockchain-based financial markets infrastructure and products company, announced that it will deploy its proprietary Digital Asset Composer on the XDC Network, a blockchain “with a mature ecosystem and a particular focus on real-world applications in global trade and finance.” Digital Asset Composer is… Read More

Mysten Labs Secures $300M to Onboard More Users to Web3

Mysten Labs, a web3 infrastructure company and developer of the Sui Layer 1 blockchain, announced the initial close of its $300 million Series B funding round. This new capital “values the company at more than $2 billion.” The company intends “to use the proceeds from… Read More

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