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Flash News: OKX Ventures Announces Seed Round Investment in Arch Network, a Bitcoin-Native Application and Smart Contract Platform

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목요일, 5월 9, 2024

Decentralized finance, SVM, Blockchain, ZK, OKX, Cryptocurrency

SINGAPORE, May 9, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, has issued updates for May 9, 2024.

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SINGAPORE, May 9, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, has issued updates for May 9, 2024.
OKX Ventures Announces Seed Round Investment in Arch Network, a Bitcoin-Native Application and Smart Contract Platform
OKX Ventures today announced its participation in the seed investment round for Arch Network, a Bitcoin-native application and smart contract platform.
Arch Network is the first Bitcoin-native application platform, enabling bridgeless DeFi on the world's largest blockchain.
OKX Ventures Founder Dora Yue said: "We are delighted to invest in Arch Network, a Bitcoin-native application platform that takes inspiration from the SVM (Solana Virtual Machine).

Lagrange Labs Announces $13.2M in Seed Funding to Revolutionize Big Data Applications with its ZK Coprocessing Technology

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수요일, 5월 8, 2024

Data Management, Technology, Blockchain, Web3, Software, Networks, Knowledge, Founders Fund, Ecosystem, CMT, Research, Mantle, ZK, Cryptocurrency

Lagrange Labs , a leader in scaling blockchain computation, announced today a $13.2 million seed funding round, led by Founders Fund.

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Lagrange Labs , a leader in scaling blockchain computation, announced today a $13.2 million seed funding round, led by Founders Fund.
Lagrange is at the forefront of addressing one of the most pressing challenges in the blockchain ecosystem: increasing the scale of computation that can be done by on-chain applications.
To address this, Lagrange has developed their ZK Coprocessor, an off-chain network of specialized nodes that execute intensive computations and generate ZK proofs of the result.
The goal is to enhance computational efficiency while enabling more sophisticated blockchain applications, all without sacrificing security.

ZK International Group Co., Ltd. and The CF Opportunity Fund Successfully Closes $5 Million Financing Priced at $1.59 per Share

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화요일, 5월 7, 2024

Private, Weibo, Security (finance), Growth, The Commission, Sales management, Regulation, Form 6-K, ZK, Cryptocurrency

The additional investment of US$1.5 million, was calculated at 165% premium, thus reinforces CF Opportunity Fund's dedication to ZK and its confidence in the Company's capacity for growth.

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The additional investment of US$1.5 million, was calculated at 165% premium, thus reinforces CF Opportunity Fund's dedication to ZK and its confidence in the Company's capacity for growth.
On April 29, 2024, the Company successfully issued the Shares, marking the closure of the Private Placement.
The additional capital will enhance our financial flexibility and support our ongoing efforts to drive long-term value creation for our shareholders."
ZK International Group Co., Ltd. remains committed to executing its growth plans and delivering sustainable value to its stakeholders.

QED Launches L2O Consortium to Develop Bitcoin Layer 2 Solutions

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목요일, 4월 11, 2024

News, QED, StarkWare Industries, Consortium, ZK, Privacy, Cryptocurrency

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The L2O Consortium aims to set standards for trustless applications and Layer 2s to be deployed on the Bitcoin blockchain.
By leveraging Bitcoin's liquidity and security guarantees, developers will be able to build Layer 2 applications with strong network effects from the wider Bitcoin ecosystem.
Carter Jack Feldman, Founder and CEO of QED Protocol, commented on the news, "The L2O Consortium marks a major milestone in unlocking the full potential of Bitcoin.
The L2O Consortium welcomes additional members looking to advance zero-knowledge technology for Bitcoin in a coordinated, community-driven way.

Jiritsu Blockchain, Powered by ZK MPC, Uses Avalanche to Verify Real World Assets On-Chain

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금요일, 4월 26, 2024

Knowledge, EVM, MPC, FBA, Avalanche, Capital market, Heart, Business development, RWA, Privacy, Trust, Elis James, Friction, ZK, Cryptocurrency

Powered by Zero-Knowledge Multi-Party Computation (ZK MPC), Jiritsu aims to change how complex real world assets (RWAs) – such as private equity, real estate, supply-chain assets, and many others – are reflected, verified, transacted, and further leveraged on-chain.

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Powered by Zero-Knowledge Multi-Party Computation (ZK MPC), Jiritsu aims to change how complex real world assets (RWAs) – such as private equity, real estate, supply-chain assets, and many others – are reflected, verified, transacted, and further leveraged on-chain.
In leading innovation with ZK MPC technology, Jiritsu has made strides in tackling fundamental challenges around EVM computational limitations, ingesting off-chain data, and automating workflows based on off-chain triggers.
As a leading firm in Amazon’s Fulfillment by Amazon (FBA) program, Everready is adopting Jiritsu’s “Proof of Inventory” product to verify inventory.
With expanded capabilities and an Avalanche-powered foundation, Jiritsu is primed to support a new class of ambitious RWA projects.

WOO partners with Merlin Chain to drive BTC L2 adoption and back Runes and Ordinals Dex BitGenie

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월요일, 4월 22, 2024

Bitcoin, Ethereum, EVM, Runes, Merlin, Ecosystem, WOO, MERL, BTC, WISH, Partnership, Growth, DNA, Oracle, DEX, MBTC, L2, Marketing, Innovation Hub, ZK, Cryptocurrency

“We are proud to announce our partnership with WOO, which aligns with Merlin Chain and WOO’s core DNA of promoting transparency and community involvement.

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“We are proud to announce our partnership with WOO, which aligns with Merlin Chain and WOO’s core DNA of promoting transparency and community involvement.
Together, we aim to drive BTC Layer 2 adoption, capturing market share in the BTCFi sector,” said Jeff Yin, founder of Merlin Chain.
At launch, BitGenie will support swap functionality for assets on Merlin Chain, becoming the first Layer 2 to support bridged Runes and Ordinals.
Plans are underway to bridge WOO to the Merlin Chain, aiming to increase adoption and utility within Bitcoin's $1.2 trillion ecosystem.

Merlin Chain Secures New Investments Co-led by Spartan Group and Hailstone Labs to Empower Bitcoin Apps

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수요일, 4월 17, 2024

This strategic partnership marks an important milestone in Merlin Chain's journey, positioning it at the forefront of the Bitcoin ecosystem's evolution.

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This strategic partnership marks an important milestone in Merlin Chain's journey, positioning it at the forefront of the Bitcoin ecosystem's evolution.
Since its last funding round, Merlin Chain has successfully launched its mainnet, which has rapidly gained traction within the industry.
The addition of esteemed backers like Spartan Group will empower Merlin Chain to delve deeper into the institutional management scene, leveraging the new BTC staking narrative.
To this end, Merlin Chain has established the Merlin Security Council, which includes well-known entities such as Slowmist , BlockSec , Salus , Secure3 , ScaleBit and Revoke.Cash .

Merlin Chain Sets New Standard for Blockchain Security and Innovation with State-of-the-Art Chain Architecture

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목요일, 4월 11, 2024

Cobo, Data, MPC, Merlin, Ecosystem, TVL, Heart, Blockchain, Partnership, United Nations Security Council, Culture, Privacy, Taproot, Trust, Celestia, Name, ZK, Cryptocurrency

By forging alliances with premier security experts, Merlin Chain has meticulously crafted a secure haven for user assets, effectively shielding them against a myriad of potential threats.

Key Points:

By forging alliances with premier security experts, Merlin Chain has meticulously crafted a secure haven for user assets, effectively shielding them against a myriad of potential threats.
Merlin Chain is redefining the blockchain landscape with its avant-garde architecture, which incorporates a multi-tiered system that bolsters security, scalability and transparency.
The platform’s innovative structure is underscored by a decentralized oracle network —a system that provides a blockchain with external data.
Moreover, Merlin Chain's establishment of the Merlin Security Council, in partnership with leading security firms, represents a proactive approach to ecosystem protection.

Mina Protocol to Integrate Celestia's Modular Data Availability Layer

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목요일, 4월 25, 2024

Data, Internet, Ecosystem, AI, Research, Geometry, Comment, Knowledge, ZK, DA, Cryptocurrency

GENEVA, April 25, 2024 /PRNewswire/ -- Mina Foundation, the organization serving the Mina Protocol, along with o1Labs, the software company that incubated Mina Protocol, is collaborating with Celestia to integrate Celestia's modular Data Availability (DA) layer with Mina Protocol. Geometry Research, a team of experts specializing in cryptographic proofs, has been jointly selected to build the integration, utilizing state of the art research.

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GENEVA, April 25, 2024 /PRNewswire/ -- Mina Foundation , the organization serving the Mina Protocol , along with o1Labs , the software company that incubated Mina Protocol, is collaborating with Celestia to integrate Celestia's modular Data Availability (DA) layer with Mina Protocol.
The integration of Celestia's modular DA layer with Mina's zero-knowledge (ZK) native blockchain advances the functionalities and performance of zkApps (zero-knowledge applications) built on Mina, offering a seamlessly programmable component within Mina's existing developer toolkit to enable higher throughput.
In practice, the modular DA layer is advantageous for projects that need to verify large amounts of off-chain data and scale users.
Under the hood, this integration is powered by Succinct's Blobstream X and sets the stage for verifying foreign proving system proofs on Mina.

Mina Protocol to Integrate Celestia's Modular Data Availability Layer

Retrieved on:

목요일, 4월 25, 2024

Data, Internet, Ecosystem, AI, Research, Geometry, Comment, Knowledge, ZK, DA, Cryptocurrency

GENEVA, April 25, 2024 /PRNewswire/ -- Mina Foundation, the organization serving the Mina Protocol, along with o1Labs, the software company that incubated Mina Protocol, is collaborating with Celestia to integrate Celestia's modular Data Availability (DA) layer with Mina Protocol. Geometry Research, a team of experts specializing in cryptographic proofs, has been jointly selected to build the integration, utilizing state of the art research.

Key Points:

GENEVA, April 25, 2024 /PRNewswire/ -- Mina Foundation , the organization serving the Mina Protocol , along with o1Labs , the software company that incubated Mina Protocol, is collaborating with Celestia to integrate Celestia's modular Data Availability (DA) layer with Mina Protocol.
The integration of Celestia's modular DA layer with Mina's zero-knowledge (ZK) native blockchain advances the functionalities and performance of zkApps (zero-knowledge applications) built on Mina, offering a seamlessly programmable component within Mina's existing developer toolkit to enable higher throughput.
In practice, the modular DA layer is advantageous for projects that need to verify large amounts of off-chain data and scale users.
Under the hood, this integration is powered by Succinct's Blobstream X and sets the stage for verifying foreign proving system proofs on Mina.