Velo Protocol, a blockchain-based financial platform for payments across borders, has joined forces with UQUID, a Web3 shopping platform. In this partnership, Velo Protocol will operate as a dApp in the Web3…
Category: blockchain
The Ultimate Blockchain Testing Ground
One of the most talked-about initiatives in the blockchain space is the Monad Testnet, a testing platform for a high-performance, Ethereum-compatible blockchain that promises to reshape decentralized applications (dApps). Launched on February…
EMC Protocol Accelerates Decentralized AI Growth in Strategic Collaboration with DI
EMC Protocol, a well-known platform developing decentralized infrastructure to facilitate AI computing, has collaborated with Decentralized Intelligence (DI), which offers decentralized framework benefiting AI within the Web3 world. The partnership intends to…
Crypto Game Infected Ditches Base for Solana Over ‘Demand’ Issues, Pushback Ensues
Infected, a pandemic-simulation crypto game that gained viral popularity, has announced its decision to abandon Ethereum’s Layer-2 solution, Base, and migrate to Layer-1 blockchain Solana. The move follows technical difficulties during the…
Banking Giant BNY Introduces New Blockchain Accounting Platform, Taps BlackRock as First Client
BNY Mellon, America’s oldest running bank, has deepened its foot into blockchain, recently launching a new blockchain accounting tool, with BlackRock as first client. According to a recent report by Fortune, Bank…
Nonco Launches On-Chain Institutional FX Liquidity Using Avalanche Network
Key highlights: Nonco introduces FX On-Chain on Avalanche, automating currency swaps between USD- and non-USD-backed stablecoins. Institutional liquidity providers and bank integrations aim to reduce conversion costs and improve transaction speed. VanEck…
Soneium Partners with Optimism to Power the Superchain Ecosystem
Soneium operates as a blockchain project through Sony Block Solutions Labs has joined Optimism’s Chain Delegation Program. The partnership boosts Ethereum’s scalability capabilities and develops new solutions that benefit the Superchain ecosystem….
Cardano (ADA) Announces New Initiative Amid Decline
The Cardano Foundation has launched Veridian, an open-source digital identity platform designed to deliver quantum-resistant and globally interoperable identity solutions for individuals and organizations. According to the announcement, Veridian leverages key event…