Blockchain News

Panasonic, IBM partner with Constellation Network to debut its Blockchain of Blockchains

July 15, 2024 2 mins read

Constellation Network is organizing the Global Metagraph Hackathon, an online event that will take place from July 15th to September 9th, 2024. The purpose of this hackathon is to motivate developers to create applications using the Hypergraph distributed ledger technology. The event, scheduled from July 15th to September 9th, 2024, will distribute a prize of $100,000 in $DAG (Constellation Network’s money) to winners in different categories related to metagraph creation

Solana gaming L2 Sonic announces a partnership with Neon Stack

July 11, 2024 1 min read

Solana gaming L2, Sonic, has partnered with Neon Stack to bring Ethereum Virtual Machine (EVM) compatibility to its Sonic Virtual Machine (SVM). This partnership will enable Ethereum developers to launch EVM-powered dapps on Sonic’s gaming-optimized HyperGrid L2. Sonic’s L2 is designed to support high-volume dapps, including web3 games, with settlement occurring on Solana L1. The partnership will make it easy for Ethereum developers to migrate EVM-based dapps to Solana, enabling

Agoric, a L1 blockchain, announces the roll-out of its Orchestration API

July 10, 2024 1 min read

Agoric, a layer 1 blockchain designed for chain abstraction, has launched its Orchestration API, allowing developers to create next-gen Web3 applications that coordinate digital assets and services across multiple blockchain ecosystems. This allows users to benefit from one-click interactions, deploying their liquidity and accessing multiple blockchains uniformly. With over $2 trillion in liquidity fragmented across different blockchains and their ecosystems, users often face complex, arduous experiences in Web3. According to

Status to launch L2 rollup and token staking contract

July 9, 2024 2 mins read

Status has announced plans to launch an L2 rollup and a staking mechanism for its native token, $SNT, which will unlock a new public funding model and establish a collaborative, open Status ecosystem. Following a governance vote, Status community members prioritized more utility from $SNT through staking and launching Status Network, an L2 rollup on Ethereum. Status Network is designed as an open playground for communities, focusing on public funding

Rootstock sees record-breaking usage and an influx of new partners integrated into its network

July 8, 2024 1 min read

Rootstock, the first and longest-lasting Bitcoin sidechain, has seen record-breaking transactions and integration of several new dApps, bridges, and wallets in the last three months. The team is working towards further growth and improvements over the next 12 months. Block explorer data shows that there have been over 13 million transactions on the Rootstock network, with over 45k transactions a month. This data demonstrates Rootstock’s security and 100% uptime since

Provider of hardware wallet solutions Tangem AG announces a partnership with Visa

July 5, 2024 1 min read

Tangem AG, a global provider of secure hardware wallet solutions, has partnered with Visa to create an innovative self-custodial payment solution for hardware wallets. The partnership allows Tangem users to make seamless payments using their crypto or stablecoin balance at Visa-accepting merchant locations. The technology will be accessible via a Tangem Visa card across Europe and will also be made available to other issuers for their own customers. Tangem’s card

zkVerify integrates ApeChain to boost gaming performance and reduce costs

June 29, 2024 1 min read

Horizen Labs has incorporated zkVerify, a modular protocol specifically built for the verification of zero-knowledge proofs, into ApeChain’s Jenkins Testnet, known as the Arbitrum Orbit Chain. The purpose of this integration is to enhance the range of Web3 games that may be launched on ApeChain with optimal performance. According to the report, developers who use ApeChain can take advantage of zkVerify’s zero-knowledge proof verification technology to enhance transaction processing and

Andromeda announces an integration with finance blockchain Injective to accelerate DeFi adoption

June 27, 2024 1 min read

Andromeda has declared a partnership with finance blockchain Injective in order to expedite the adoption of decentralized finance (DeFi). The collaboration will bolster the functionalities of Andromeda, the pioneering Web3 Operating System, and Injective, the swiftest blockchain designed for financial use cases. This will result in fresh prospects for interlinked blockchain tokens, efficient asset administration, and web3 applications with advanced features. The primary goal of the Andromeda-Injective Integration is to

LCA announces the launch of Propeller, the first dApp built on the open-source communications protocol

June 27, 2024 1 min read

LCA has launched Propeller, the first decentralized application (dApp) built on the open-source communications protocol, River. Propeller aims to improve product feedback and user engagement by facilitating dynamic conversations between users and product teams. The platform is designed to empower communities with enhanced privacy, security, reputation, and ownership. It allows users to interact directly with team members, share ideas, and engage with other power users while being rewarded for their

Solana launches ZK compression, a new feature that drastically cuts costs

June 24, 2024 2 mins read

Solana (SOL) has implemented zero-knowledge (ZK) compression, a tool created by Light Protocol and Helius Lab, to assist developers in reducing expenses associated with token and account creation by compressing their on-chain state. The compression employs zero-knowledge proofs to guarantee the integrity of the data and enables data retrieval using supported RPC providers. Developers can reduce on-chain storage costs by storing just state roots on the blockchain and keeping additional

iRA Blocks to Democratize Real-World Asset Investment

June 24, 2024 2 mins read

iRA Blocks is a platform that utilizes blockchain technology to democratize access to valuable assets such as real estate, luxury items, and aviation. This strategy divides large assets into smaller, cost-effective parts, enabling a wider spectrum of investors to take part. The platform use smart contracts to automate the administration of assets, including the distribution of dividends and voting rights. This guarantees that fractional owners have the ability to participate

1inch teams up with Blockaid to enhance Web3 security

June 23, 2024 1 min read

1inch, a leading DeFi aggregator, has launched the 1inch Shield, a solution designed to protect users against various potential threats. The partnership with Blockaid, a major provider of Web3 security tools, aims to set a new standard for security in the cryptocurrency landscape by combining Blockaid’s innovative security solutions with 1inch’s advanced features. The collaboration aims to enhance user safety and asset protection, contributing to the growth and mainstream adoption