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ParaFi Leverages Tokenization Using Avalanche and Securitize

ParaFi’s tokenization of its fund represents the company believing in the technology it invests in and eating its “own dog food.” Digital asset management firm ParaFi is tokenizing a portion of its portfolio, worth $1.2 billion, on the Avalanche blockchain using the tokenization platform Securitize. Through partnering with these platforms, which ParaFi is an investor in, it will offer a minority stake in its most recent venture capital fund, which closed in May. Investors can get their hands...

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Tron (TRX) Long-Term Holder Addresses Have Spiked 237% in the Past Year: ITB

The number of addresses holding Tron’s native token TRX for the long term has skyrocketed over the past 12 months, according to data from the blockchain intelligence firm IntoTheBlock. A tweet from the market analytics platform revealed that the Tron network currently has nearly 90 million long-term holder addresses, representing a 237% increase in the past year. TRX Long-term Holders Are Increasing IntoTheBlock said the increase in TRX’s long-term holder addresses shows...

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GoPlus Joins Forces With Neo to Deliver Node-Level Security on Neo X Sidechain

[PRESS RELEASE – Singapore, Singapore, September 12th, 2024] Web3 user security platform GoPlus has announced that it has partnered with EVM-compatible sidechain Neo X to provide node security. Neo X has become the first blockchain to integrate GoPlus’ Security Module at the node level, providing foundational security for all users on its new sidechain. The integration with Neo X will allow users to seamlessly access an onchain firewall service. The GoPlus User Security...

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Kampela Secures Polkadot Network Investment, Becomes First Fully DAO-Funded Hardware Wallet

Kuopio, Finland, September 12th, 2024, Chainwire Kampela, an innovative hardware startup, has successfully secured funding through a Decentralized Autonomous Organization (DAO) on the Polkadot network, marking a significant milestone as the first hardware project to be fully backed by a DAO in the Polkadot ecosystem. This achievement demonstrates the power of decentralized governance in supporting tangible technological innovations and opens new possibilities for hardware development in the...

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Kampela Secures Polkadot Network Investment, Becomes First Fully DAO-Funded Hardware Wallet

[PRESS RELEASE – Kuopio, Finland, September 12th, 2024] Kampela, an innovative hardware startup, has successfully secured funding through a Decentralized Autonomous Organization (DAO) on the Polkadot network, marking a significant milestone as the first hardware project to be fully backed by a DAO in the Polkadot ecosystem. This achievement demonstrates the power of decentralized governance in supporting tangible technological innovations and opens new possibilities for...

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The Tie Launches Polkadot Ecosystem Dashboard on The Tie Terminal

Boston, Mass, September 12th, 2024, Chainwire New Dashboard Provides Institutional Clients with In-Depth Insights into the Polkadot Ecosystem The Tie, a leading provider of market data, news, and analytics for digital assets, launches the Polkadot Ecosystem Dashboard enabling institutional clients to access a comprehensive suite of analytics for Polkadot-based assets.   The Polkadot Ecosystem Dashboard offers a deep dive into essential metrics and insights, enabling users to understand key...

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Super Champs Launches L3 Chain on Base, Creates Open Builder Platform for Scaled Web3 Games Franchise

Palo Alto, CA, September 12th, 2024, Chainwire Super Champs Chain will Accelerate Growth with New Games from Builders; Super Champs already the Top Gaming Ecosystem on Base with Two Live Games and More to Come The Super Champs Protocol Foundation is excited to announce the launch of the Super Champs Chain – a cutting edge gaming optimized L3 that rolls up to the Base blockchain from Coinbase. Built on the web3 game publishing platform and protocol from Joyride Games, the Chain also includes...

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Web3 Foundation and Scytale Lead $2.5 Million Seed Investment in Hyperbridge to Build the End-Game for Blockchain Interoperability on Polkadot

Boston, Massachusetts, September 11th, 2024, Chainwire Hyperbridge sets a new benchmark for secure, scalable, and verifiable cross-chain communication, launching with the highest economic security in the market. The Web3 Foundation, in partnership with Scytale Digital, has led the seed funding round for Hyperbridge, a groundbreaking protocol poised to transform blockchain interoperability. This investment marks a significant milestone as the Web3 Foundation’s inaugural funding initiative,...

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Analysts Predict Big Breakout on Ethereum (ETH) and This Ethereum Token Jumps 250%

The crypto market is notorious for its highly volatile nature, with few price movements lasting much longer than a week. Bitcoin’s (BTC) influence has also significantly contributed to the relatively unstable market lately, leaving many top tokens, including Ethereum (ETH), in quite the situation. Then again, things are starting to look up for the ETH token, and a new DeFi coin is launching on the blockchain to switch things up, too. Ethereum Suffers From Bitcoin Swings The whole...

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