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
Consensys-based Wallet support and Web3 firm MetaMask released its new toolkit at the EthCC event on July 9. The company aims to simplify the developer process within Web3 and to enhance user experience in DApps. The entire Web3 community is working towards bringing the technology into the mainstream on a
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
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
Global Web3 PR & marketing agency, and the organiser of Istanbul Blockchain Week (IBW), EAK Digital, has announced Fortune Magazine Türkiye by Group Medya as its strategic media partner for Istanbul Blockchain Week 2024. Istanbul Blockchain Week is set to return for its 2024 edition between August 13-14 at the
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
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
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
