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The development of secure and decentralized protocols must prioritize the problem of trust and security. Due to present-day design trade-offs, projects often forego decentralization in favor of infrastructure that enables them to run efficiently, such as access to external market data. Simultaneously, this undermines the project’s general security, which in turn
ShardLab, the innovation arm of Hashed, the world’s premier Web3 venture funding company, today announced the debut of its web application, which is driven by account abstraction (AA) and zero-knowledge (zk) technology. This app offers a revolutionary method for using decentralized identity (DiD) and smoothly distributing vouchers. This new app expands the usage
A new blockchain platform has been launched by Dubai Customs. With the objective of easing bottlenecks in the supply chain both inside and outside of Dubai. According to a statement released on July 8 by the Dubai Media Office, the blockchain solution was introduced as a component of a larger
Halliday, the commerce automation network for modular chains, has announced the public launch of its network. With more than 26 partners thus far and support from prominent investors like Andreessen Horowitz and Hashed, the platform wants to make its technology available to a broad range of businesses and commerce apps.
A 250 million EOS staking rewards program has been introduced by EOS Network today, July 8, as a part of their revised tokenomics strategy. As per the updated staking rewards schedule, a daily distribution of 85.6K EOS is given to Stakers. Early stakers in the revised EOS staking program may earn an initial
SSV Network, a distributed validator network centered on Ethereum, has achieved a significant milestone in the restaking and staking ecosystems by achieving one million $ETH staked on its platform. After its permissionless network was unveiled in December 2023, the protocol went live officially, enabling a variety of partners and solo
ChromaWay, a blockchain technology firm, has announced that it has become a part of the Amazon Web Services (AWS) Partner Network. Through the cooperation, ChromaWay is able to include services hosted on Chromia’s public platform among the solutions available on the AWS Marketplace. AWS is a well-known pioneer in cloud
In the past month, several cryptocurrency firms hit new milestones in on-chain activity and total value-locked in their ecosystems. In the last 24 hours, Symbiotic, a restaking protocol launched on June 11, 2024, hit a new milestone. Notably, it surpassed $1 billion in TVL within a month of its market
Orbs, a layer 3 blockchain, has announced the introduction of its liquidity hub on Fenix Finance. When it is deployed, users of the L2 will benefit from increased capital efficiency and deeper liquidity on the Blast DEX. Orbs Liquidity Hub functions as a layer above the Fenix Finance DEX. It brings
Flare, the layer 1 blockchain for data, has announced a collaboration with LayerZero V2, which would link it to 75 blockchains, including Ethereum, Solana, and Ethereum Layer 2 networks. Over 50,000 decentralized apps that have embraced LayerZero’s cross-chain messaging protocols may now utilize Flare, which is a significant milestone for
