Ethereum

Restaking Platform PrimeStaked Reopens Deposits Following $40M in Demand

Retrieved on: 
Tuesday, March 12, 2024

Origin Protocol , a leading DeFi platform, has announced the remarkable success of a newly launched liquid restaking platform, PrimeStaked , which has achieved a Total Value Locked (TVL) milestone of over $40 million and has just reopened deposits with added support for ETH restaking.

Key Points: 
  • Origin Protocol , a leading DeFi platform, has announced the remarkable success of a newly launched liquid restaking platform, PrimeStaked , which has achieved a Total Value Locked (TVL) milestone of over $40 million and has just reopened deposits with added support for ETH restaking.
  • Built on top of EigenLayer, the platform has attracted $35+ million in OETH deposits on PrimeStaked and $80 million of total OETH deposits on EigenLayer.
  • On March 11, PrimeStaked opened support for native ETH restaking, which will accept deposits on an ongoing basis.
  • PrimeStaked has partnered with P2P.org, a staking provider with $1B+ in AUM, and ssv.network, a distributed validator technology (DVT), to support ETH deposits for liquid restaking.

Ripple to Issue USD-backed Stablecoin Bringing More Utility and Liquidity to XRP Ledger

Retrieved on: 
Thursday, April 4, 2024

To meet this growing demand, Ripple will issue a stablecoin, leveraging its decade-plus of experience building real-world financial solutions for institutions around the world.

Key Points: 
  • To meet this growing demand, Ripple will issue a stablecoin, leveraging its decade-plus of experience building real-world financial solutions for institutions around the world.
  • “This is a natural step for Ripple to continue bridging the gap between traditional finance and crypto,” said Brad Garlinghouse, Ripple CEO.
  • Bringing more credible assets on the DEX, such as Ripple’s stablecoin, will drive numerous benefits for users, developers, and apps.
  • Multichain Compatibility: The Ripple stablecoin will be issued on the XRP Ledger and Ethereum networks using XRPL native functionality and ERC20 token standards.

Thiel Foundation Announces Next Thiel Fellow Class

Retrieved on: 
Thursday, March 21, 2024

The Thiel Foundation has unveiled the 2024 class of Thiel Fellows, assembling a group of 20 brilliant young minds who are set to disrupt various industries.

Key Points: 
  • The Thiel Foundation has unveiled the 2024 class of Thiel Fellows, assembling a group of 20 brilliant young minds who are set to disrupt various industries.
  • Established in 2011, the Thiel Fellowship provides each recipient with $100,000 and access to a powerful network of tech founders, investors, scientists, and former fellows.
  • They reject the well-worn paths of red tape, digital distractions, and self-censorship,” said Alex Handy, director of the Thiel Fellowship.
  • “By refusing to sit idle while others succumb to conformity’s paralysis, they’re positioned to finally deliver on the future.”
    The new class joins 270 previous fellows.

Paystand Named Winner of Fintech Breakthrough Award for DeFi Innovation

Retrieved on: 
Wednesday, March 20, 2024

Paystand , the global leader in blockchain-enabled B2B payments, today announced it has won the DeFi Innovation category in the 2024 Fintech Breakthrough Awards.

Key Points: 
  • Paystand , the global leader in blockchain-enabled B2B payments, today announced it has won the DeFi Innovation category in the 2024 Fintech Breakthrough Awards.
  • Paystand has been honored as one of the ‘breakthrough’ innovators in the fintech market today.
  • Notable companies also named as fintech winners include Coinbase, J.P. Morgan Chase, Mastercard, Citi, Experian, and more.
  • The award recognizes Paystand for its decentralized finance technology, including:
    The Paystand Network , which allows every Paystand customer as well as their payers (more than 800,000), to leverage the blockchain-enabled network for fast, secure and zero-transaction fees money movement.

AscendEX Selects XDEFI as Its Web3 Wallet Partner, Unlocking On-chain Investing for Its 1M+ Users

Retrieved on: 
Wednesday, March 20, 2024

XDEFI, a pioneering multichain cryptocurrency wallet, today announced that it has been selected by leading cryptocurrency exchange AscendEX as its Web3 wallet partner.

Key Points: 
  • XDEFI, a pioneering multichain cryptocurrency wallet, today announced that it has been selected by leading cryptocurrency exchange AscendEX as its Web3 wallet partner.
  • View the full release here: https://www.businesswire.com/news/home/20240320088965/en/
    AscendEX Selects XDEFI as Its Web3 Wallet Partner, Unlocking On-chain Investing for Its 1M+ Users (Graphic: Business Wire)
    The partnership will enable AscendEX’s more than one million registered users to access decentralised applications and assets spanning 200+ blockchains, seamlessly and securely.
  • In addition, AscendEX users who download the wallet will be eligible for airdrops in $XDEFI tokens alongside other token airdrops.
  • This partnership marks a critical step forward in enhancing the experience for both AscendEX and XDEFI users.

Enterprise Ethereum Alliance Announces New Leadership and Vision

Retrieved on: 
Tuesday, March 19, 2024

The Enterprise Ethereum Alliance (EEA) , the leading global community for enterprise blockchain, today announced the appointment of new leadership and a renewed vision for the future of the alliance at the intersection of the Ethereum ecosystem and enterprise.

Key Points: 
  • The Enterprise Ethereum Alliance (EEA) , the leading global community for enterprise blockchain, today announced the appointment of new leadership and a renewed vision for the future of the alliance at the intersection of the Ethereum ecosystem and enterprise.
  • Rhodes expressed the goals for the convening, which showcased the latest developments and innovations in the Ethereum for enterprise blockchain space, as well as to foster collaboration and engagement among the EEA community.
  • Rhodes praised Paul, Karen and Vanessa for their expertise, vision, and dedication to the EEA and the enterprise blockchain industry.
  • The EEA is the industry's leading global community for enterprise blockchain working with an open, standards-based architecture and specification to accelerate the adoption of Enterprise Ethereum.

Polymesh Association unveils Polymesh Private, a private permissioned blockchain for financial institutions embarking on tokenization

Retrieved on: 
Monday, March 18, 2024

Polymesh Private will enable entities and organizations to run private instances of the Polymesh blockchain uniquely configurable per their business needs.

Key Points: 
  • Polymesh Private will enable entities and organizations to run private instances of the Polymesh blockchain uniquely configurable per their business needs.
  • Polymesh Private is the first private blockchain on the market offering a gateway to public blockchain infrastructure, future-proofing companies for adaptation.
  • The Polymesh Association is a not-for-profit dedicated to the growth of the Polymesh ecosystem through Polymesh and Polymesh Private.
  • Polymesh Private is a private permissioned instance of Polymesh that can be deployed by enterprises.

Leading the Charge in Crypto Index Innovation: MarketVector and Figment Redefine Investment Standards for Staking ETPs

Retrieved on: 
Tuesday, March 12, 2024

The two ETPs, Figment Ethereum Plus Staking Rewards (ETHF) and Figment Solana Plus Staking Rewards (SOLF) will provide investors exposure to ETH and SOL prices and additional staking rewards.

Key Points: 
  • The two ETPs, Figment Ethereum Plus Staking Rewards (ETHF) and Figment Solana Plus Staking Rewards (SOLF) will provide investors exposure to ETH and SOL prices and additional staking rewards.
  • The index measures the price performance of ETH along with the staking rewards earned by the product, using Figment's leading network-wide rewards indexing capabilities.
  • “This new index signals the industry-first availability asset managers and advisors have to customizable access to staking rewards,” he continued.
  • “By leveraging our jointly developed index, Figment is introducing two ETPs that offer unparalleled access to staking rewards with the highest level of transparency currently available in the market,” he added.

Pre-download NIGHT CROWS Global on March 11th

Retrieved on: 
Monday, March 11, 2024

Blockbuster MMORPG ‘NIGHT CROWS,’ a game published by Wemade and developed by MADNGINE, will begin pre-download on March 11th.

Key Points: 
  • Blockbuster MMORPG ‘NIGHT CROWS,’ a game published by Wemade and developed by MADNGINE, will begin pre-download on March 11th.
  • View the full release here: https://www.businesswire.com/news/home/20240311799600/en/
    Wemade's global version of 'NIGHT CROWS' opens pre-download on March 11th (Graphic: Wemade)
    Users can download the PC and mobile versions in advance through the official website ( https://www.nightcrows.com/en ) until the official service on March 12th.
  • NIGHT CROWS is a cross-platform (PC/Mobile) MMORPG based on Unreal Engine 5.
  • Meanwhile, the NFT collection ‘The Night is Coming’ released in January to celebrate the global pre-registration of NIGHT CROWS was sold out on the day of the release, fueling excitement for the global release.

Video Streaming Company Rad Announces Collaboration with Sony Electronics Inc., Bringing the Power of Blockchain to Sony's BRAVIA®TV

Retrieved on: 
Wednesday, April 3, 2024

NEW YORK, April 3, 2024 /PRNewswire/ -- Rad , the next-generation video streaming platform, is excited to announce a marketing collaboration with Sony Electronics .

Key Points: 
  • NEW YORK, April 3, 2024 /PRNewswire/ -- Rad , the next-generation video streaming platform, is excited to announce a marketing collaboration with Sony Electronics .
  • This collaboration marks a deeper engagement with Sony Electronics, an existing investor in Rad through Sony Innovation Fund, evolving from Virtual Reality (VR) to more of an innovation collaborator across Sony devices.
  • Tony Mugavero, CEO of Rad said, "Our collaboration with Sony Electronics completely changes how content is consumed and published by studios and creators on TVs.
  • Through this ground-breaking collaboration, Rad and Sony Electronics are setting a new benchmark in the digital entertainment industry, demonstrating how innovative technology can revolutionize content consumption and distribution.