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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
DWF Labs, a Web3 investor, has announced the establishment of a $20 million US Cloudbreak Fund. The initiative seeks to provide significant financial support and strategic resources to promising projects and their founders in Chinese-speaking regions. Groundbreaking projects in the fields of GameFi, SocialFi, Derivatives, GameFi, and Layer 1/Layer 2
Pixelverse, a Web3 gaming ecosystem, plans to include the meme coin character MEW, based on Solana, into its real-time game rooster. The Pixelverse games operate inside the Telegram ecosystem, and this shift is expected to draw in new participants. The first meme coin based on Solana to be featured on TON will be MEW. Kori Leon,
The non-custodial asset bridge provider Celer and the blockchain gaming ecosystem Oasys have partnered to provide Bridged USDC Standard support on the Oasys blockchain. The global financial technology company Circle Internet Financial (Circle) developed the Bridged USDC Standard to allow qualifying blockchains to have a future upgrade route from bridged USDC to native
Joining the more than 700 worker nodes operated by both corporate and private organizations, Deutsche Telekom MMS has begun operating dedicated worker nodes as part of Subsquid’s decentralized data lake. An essential component of the Subsquid network is the worker nodes. They pay attention to queries and promptly provide the
MANTRA, the Institutional-grade Layer 1 blockchain for tokenized RWAs, and MAG, a top real estate developer in the United Arab Emirates, announced a major collaboration today that will lead to the tokenization of MAG’s real estate portfolio worth half a billion US dollars, marking an important milestone in the global
The MVP Mainnet launch for Chromia has been announced. Its relational blockchain network is scheduled to go live on July 16. In addition to marking the genesis of the native CHR token, the MVP Mainnet will provide the groundwork for the Chromia network. With its introduction, the MVP Mainnet will be able
OpenLedger, the sovereign data blockchain for AI, has secured $8 million in a seed round headed by Polychain Capital and borderless Capital. OpenLedger is the AI-specific sovereign data blockchain. OpenLedger gives developers the ability to use verified data to design smarter, more performant models by offering permissionless infrastructure for the
