Tagged: dlt

July 26, 2023 @ 10:30 pm By Omar Faridi  |  

CertiK has successfully completed the formal verification of HyperEnclave, an innovative open and cross-platform Trusted Execution Environment (TEE) from Ant Group’s Trust Native Technology team. This marks the first time in the industry that such “an in-depth formal verification process has been completed for a… Read More

July 26, 2023 @ 10:27 am By Omar Faridi  |  

Mithril is nearing its mainnet release. Currently in its final testing stages, Mithril is preparing “for a mainnet launch.” As noted in a blog post, Mithril is a stake-based signature scheme and “a protocol that improves the speed and efficiency of nodes’ syncing times.” Mithril… Read More

July 26, 2023 @ 9:55 am By Omar Faridi  |  

Catalyze Research, the Web3 and blockchain consulting group, and Ripple, which claims to be the “leader” in enterprise blockchain and crypto solutions, announced their partnership to bolster the presence of the XRP Ledger (XRPL) in South Korea. This collaboration aims to tap into the robust… Read More

July 25, 2023 @ 10:17 am By Omar Faridi  |  

Neon EVM, an Ethereum Virtual Machine operating as a smart contract on Solana, announced its integration with Covalent, marking a significant step forward for both platforms. Neon EVM’s recently launched platform “allows developers to use EVM developer tools and Ethereum’s compute layer to transact on… Read More

July 24, 2023 @ 7:50 am By Omar Faridi  |  

Elliptic – which claims to be the global leader in cryptoasset risk management – is proud to announce that it has been selected by Current Consulting Group as the trusted blockchain analytics provider to fulfil its crypto compliance requirements. Current Consulting Group is “an independent… Read More

July 23, 2023 @ 2:34 pm By Omar Faridi  |  

The Banque de France recently shared key lessons from its wholesale CBDC experiments using distributed ledger technologies (DLTs). Following the publication of an initial report in 20211, the Banque de France is now “releasing a new set of conclusions and lessons learned, covering the first… Read More

July 20, 2023 @ 4:52 pm By Omar Faridi  |  

WisdomTree, Inc. (NYSE: WT), a global financial innovator, announced that WisdomTree Prime is now available, “granting investors access to the blockchain-enabled financial app built to save, spend, and invest in digital assets and WisdomTree Digital Funds.” The personal finance app is “available in the Apple… Read More

July 18, 2023 @ 10:40 pm By Omar Faridi  |  

The DFINITY Foundation, a not-for-profit science and technology organization and major contributor to the Internet Computer blockchain (ICP), announced the launch of a $5 million decentralized artificial intelligence (DeAI) grant to support projects leveraging AI on ICP. The Internet Computer blockchain is reportedly “the only… Read More

July 18, 2023 @ 5:33 pm By Omar Faridi  |  

NEAR Foundation, the non-profit that supports and funds ecosystem development on NEAR Protocol, an open-source and climate-neutral blockchain, has announced it signed up to the Ethereum Climate Platform. The move demonstrates the foundation’s commitment “to sustainability in Web3 – and to working collaboratively with globally… Read More

July 18, 2023 @ 1:45 pm By Omar Faridi  |  

The Chainlink Cross-Chain Interoperability Protocol (CCIP) has entered the Mainnet Early Access phase on the Avalanche, Ethereum, Optimism, and Polygon blockchains. DeFi protocols in derivatives and lending are “adopting CCIP, including Synthetix, which is live on CCIP mainnet, as well as Aave, with BGD Labs… Read More

July 16, 2023 @ 1:58 pm By Omar Faridi  |  

The Hex Trust Group, an institutional-grade digital asset custodian licensed across global financial hubs, has announced Ether (ETH) staking services have now been relaunched following the Shapella upgrades on the Ethereum blockchain. Hex Trust has an Ethereum Validator Node and “plays a vital role in… Read More

July 14, 2023 @ 9:21 am By Omar Faridi  |  

On May 21, 2023, Multichain CEO Zhaojun was taken away by the Chinese police from his home and has been out of contact with the global Multichain team ever since. As noted via social media, the team claims they contacted the MPC node operators and… Read More

July 13, 2023 @ 12:30 pm By Omar Faridi  |  

Brazil’s CBDC (or central bank digital currency) codebase could potentially freeze or even reduce funds. This, according to an analysis by a blockchain developer. According to a reports, a blockchain/DLT developer found certain functions that could potentially allow a centralized entity to freeze payments or… Read More

July 13, 2023 @ 9:10 am By Omar Faridi  |  

The Multichain hack could potentially be a “rug pull,” as an additional $103 million in funds were recently drained. Multichain, which is described as a cross-chain bridge protocol, reportedly saw another $103 million transferred to other blockchain addresses. This, according to security company Beosin. This… Read More

July 9, 2023 @ 12:55 pm By Omar Faridi  |  

Multichain has reportedly halted its network on a suspected $130 million hack, a move that has come just a month after the initiative’s CEO disappeared. The Multichain service stopped currently, and all bridge transactions will be stuck on the source chains. There is no confirmed… Read More

July 7, 2023 @ 8:59 pm By Omar Faridi  |  

Cronos Labs, a blockchain startup accelerator focusing on the development of the Cronos ecosystem, announced a partnership with Protocol Labs, the open-source research and development laboratory that builds protocols, tools, and services to radically improve the internet. As part of the collaboration, Protocol Labs will… Read More

July 7, 2023 @ 11:37 am By Omar Faridi  |  

TOKO, headquartered in Dubai with offices in Hong Kong, is a digital asset creation platform, created in collaboration with DLA Piper and operating within an unparalleled regulatory framework, signs joint business relationship with PwC Hong Kong in order “to offer Blockchain solutions to PwC’s global… Read More

July 6, 2023 @ 10:15 pm By Omar Faridi  |  

Starknet is deploying a “bottleneck-busting” upgrade, which is expected to bring unprecedented TPS of “several hundred” to the Ethereum ecosystem. The Ethereum network is congested, and scaling solutions including Starknet aim “to operate at high throughput in order to alleviate the traffic jam.” Eli Ben-Sasson,… Read More

July 6, 2023 @ 10:10 pm By Omar Faridi  |  

Concordium, the Layer 1, science-backed blockchain creating a safer digital world, has today announced its strategic partnership with IMPERO Group, a technology consulting firm based in South East Asia. This collaboration marks “a significant milestone in Concordium’s expansion plans and aims to revolutionize identity management… Read More

July 4, 2023 @ 12:28 pm By Omar Faridi  |  

Decentralization theatre: We’ve heard it time and time again in recent months as several projects have struggled to commit to the underlying ideological tenets of blockchain amid growing skepticism of the space. Others have fared relatively well, though — from the community-initiated vote for the… Read More