The first layer-2 ZK chain other than ZKsync Era, Cronos zkEVM, has gone live on mainnet, according to an announcement by Cronos Labs. More than 20 launch partners, including Cronos Labs, Matter Labs (one of the contributors of ZKsync), Crypto.com, VVS Finance, Fulcrom Finance, and Veno Finance, have joined together to launch the
August 16, 2024 5 mins read
HyperCycle, an artificial intelligence firm, has announced RingOfRings, a partnership aimed at improving digital asset management. The initiative’s goal is to increase nascent crypto projects’ credibility and trust by showcasing their dedication to putting strong security standards in place. RingOfRings, which were unveiled on August 14 at the Blockchain Futurist
August 14, 2024 3 mins read
Aurora Labs revealed the release of Bitcoin Light Client and Relayer, which connects the Bitcoin network to the NEAR protocol for the first time. The integration increases web3 compatibility and opens the door for new DeFi use cases. On the NEAR network, Aurora Labs’ Bitcoin Light Client functions as a
August 13, 2024 3 mins read
Today, Victoria VR, a blockchain-based Virtual Reality World and AI VR builder developer, announced the release of VRtap, their newest game. The new game, which combines play-to-earn gameplay with strategic PvP combat to provide realistic virtual reality gaming to mobile users, was created as a cutting-edge Strategic PvP for Telegram.
August 13, 2024 2 mins read
The leading liquid staking protocol on Polkadot and Kusama, Bifrost, has revealed a major upgrade to its tokenomics model. As a component of the Bifrost 2.0 initiative, the the new model will provide holders of the native token (BNC) with access to the sustainable revenues and earnings of the protocol. The goal of the
August 13, 2024 2 mins read
Space and Time Labs, a Microsoft M12-backed firm developing a verifiable compute layer for blockchain and artificial intelligence, has named Rika Khurdayan as its chief legal officer. The announcement was made today. Khyurdayan is a seasoned legal expert with significant experience in crypto and blockchain. Robinhood Markets, Inc. agreed to purchase Bitstamp in June, where she was
August 12, 2024 1 min read
A piece of legislation to legitimize Bitcoin (BTC) and crypto mining was adopted by Russian President Vladimir Putin on August 8th. As part of its foreign policy, the nation is working to lessen its need for the US currency. Approved mining enterprises will be able to register via a state
August 8, 2024 2 mins read
To revolutionize Telegram mini-games, Azur Games and Pixelverse have established a cooperation. Through the Pixelverse Telegram mini-game platform, Azur Games will release a new mobile game with Pixelverse characters as part of the partnership. The collaboration, which brings together two of the top gaming studios, will aid in the creation
August 8, 2024 2 mins read
The UK’s financial watchdog, the Financial Conduct Authority (FCA), has issued fresh guidelines for cryptocurrency companies that promote cryptocurrency services. In October 2023, the FCA implemented laws regarding the marketing of cryptocurrencies and has since been assisting the sector in meeting these requirements. The authority looked at how businesses were
August 8, 2024 1 min read
Leading Web3 payments infrastructure provider Transak has officially introduced wire transfers as a new payment option for US customers to buy cryptocurrency. For crypto aficionados throughout the country, the addition of wire as a payment option for purchases is a significant step toward improved accessibility and convenience. Transak has redefined user
August 6, 2024 3 mins read