Tag Archives: Blockchain Infrastructure

HashKey Cloud has announced a new partnership with Kintsu, an advanced liquid node validation infrastructure on the Monad Network. This collaboration will enhance the performance and security of Kintsu’s protocol, benefiting users across the Monad ecosystem. Kintsu focuses on liquid node validation or Proof-of-Stake (PoS) blockchains. It enables users to decentralize their assets to node operators but retain liquidity, hence the highest engagement in DeFi. Unlike PoS node validation, which...

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...

Kujira and its partner join the Rujira Alliance to create a new DeFi app layer for THORChain. The integration will use the new RUJI token, while current KUJI token holders will be impacted. Kujira, a decentralized finance (DeFi) network, has announced the formation of the Rujira Alliance in collaboration with three important ecosystem partners: Fusion (FUZN), Unstake (NTSK), and Wink. This new cooperation intends to create a novel application layer for the cross-chain liquidity protocol...

A new report from investment immigration consulting firm Henley & Partners reveals that Singapore is the global leader in cryptocurrency adoption. The report, part of the Henley Crypto Adoption Index 2024, highlights Singapore’s top position due to its supportive regulatory environment and widespread public use of cryptocurrencies. The survey also revealed that out of 60 points, Singapore was leading with 45.7 points in the index. Singapore has been ranked highly because of its advanced...

Creditcoin’s EVM compatibility facilitates smooth multi-chain interactions and lower costs. The CreditWallet app makes digital asset management easy by adding safety features. Creditcoin, the leading L1 blockchain platform, has launched its EVM-compatible mainnet, marking a huge step toward expanding global financial inclusion with advanced blockchain technology. Along with this upgrade, Creditcoin introduces CreditWallet, a mobile wallet device intended to increase user engagement in the...

Base reaches the 1 million daily active wallet milestone. It recently surpassed 4 million weekly active wallets. The Coinbase-launched Ethereum layer-2 Base has witnessed an amazing month in terms of adoption, hitting various milestones to now witness over 1 million daily active wallets. This recent development comes thanks to the “Basenames” service, which has spurred tremendous usage over the past few days. Base crossed the threshold on August 24 as 1.05 million wallets interacted with the...

Edo State and INTMAX work together to improve digital governance through blockchain technology. The alliance intends to empower government services through cutting-edge technology. The Nigerian Ministry of Digital Economy, Science, and Technology in Edo State has formed a strategic partnership with INTMAX, a leading developer of Ethereum Layer 2 solutions. This alliance aims to accelerate the regional adoption of blockchain technology, indicating a significant step ahead in Nigeria’s digital...

Fireblocks, a leading digital asset infrastructure provider, has announced its support for Yellow Card, a prominent stablecoin on/off ramp in Africa. This collaboration aims to streamline cross-border crypto transactions across the continent. Announced on X, the company revealed its ambitious goal of expanding to 14 million wallets through its Wallet-as-a-Service. Fireblocks will enable Yellow Card to benefit from its enhanced digital asset architecture for stablecoin transactions in Africa....

Nervos CKB, known for its secure and versatile blockchain platform, has announced the launch of a new initiative called Fiber Network. This next-generation open lightning network aims to enhance blockchain transactions. It will offer decentralized, low-cost, and rapid multi-currency payouts and peer-to-peer transfers for RGB++ assets. The Fiber Network, which is expected to go live for testing next week, is a common lightning network based on Nervos CKB and off-chain channels. It is aimed at...

AAVE outshined every crypto in the market, rising by 48% in the past month. New proposals brought to the protocol by its governance participants have kicked off the token’s rally. DeFi protocol Aave’s native token AAVE has caught the industry off guard, outperforming every top 100 crypto asset in the past four weeks. Its price has risen by over 48%. To put how impressive that is into perspective, the runner-up–Helium’s HNT–token has witnessed a price increase of 21%. AAVE’s price at the time...