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Venom, the first foundation to receive the blockchain license from Abu Dhabi Global Market (ADGM), announced that their testnet is all set to go live next week. The testnet designed to provide both ecosystem users and developers the chance to fully utilize its blockchain. According to the announcement, developers will
To enable the transfer of ERC-20 tokens from Ethereum to natively wrapped fungible tokens (Jettons) on TON, the TON Foundation, a non-profit organization of developers and enthusiasts behind The Open Network (TON), has announced the rollout of a two-way bridge. Moreover, the press release claims that the bridge would provide
AAG, a firm specializing in Web3 infrastructure, has announced that in the next upgrade to the MetaOne® wallet application, two new features will be made available: asset swap and crypto off-ramp. Within the MetaOne® app, asset swap will make it simple for consumers to trade out one cryptocurrency for another.
Gala Games, a Web3 gaming project, has announced in a blog post that on May 15th, all GALA token holders will get a free upgrade to GALA v2 tokens via airdrop. There will be a one-to-one exchange rate for all users, and the GALA v1 token will be abandoned immediately.
With its approaching token burn vote, Sweat Economy, the company behind the well-known Sweatcoin and Sweat Wallet applications, will propose a revolutionary new method of Web3 governance. Sweat Economy’s community will have the power to select how to handle the 100 million $SWEAT tokens gathered as fees and earnings by
VeChain has launched VORJ, a no-code Web3-as-a-Service platform that allows anyone to create, deploy, and interact with smart contracts on the VeChainThor blockchain without understanding solidity. It's finally here – VORJ, vechain's #Web3-as-a-Service platform is LIVE! Deploy Web3 assets with just a few clicks, and never worry about transaction fees
USB is a decentralized, Bitcoin backed stablecoin that’s dollar pegged using a new approach to retain its peg by shorting Bitcoin through a perpetual swap. Stabolut, a startup working on a global payment system, announced the launch of its decentralized stablecoin USB today though its been in development since May
BlockSec, a blockchain and Web3 security firm, announced the release of Phalcon Fork, a toolkit enabling Web3 users to conduct collaborative testing on private chains forked from any position. With this toolkit, users can test and ensure the security of their private chains with the help of a collaborative testing
According to a recent statement, Roblox, one of the most popular online gaming platforms, has released a new category of wearable virtual items that may be sold in limited numbers by independent developers. It is issued and traded like a normal NFT and even has the same appearance. Roblox players
Over the last decade, the cryptocurrency ecosystem has experienced rapid growth, with numerous innovative projects offering new ways to exchange digital assets and more. The constant development of blockchain infrastructure to support secure, scalable, and decentralized apps has driven this unrelenting innovation of crypto-based products. The most notable example is
