EVM

Reflect: Revolutionizing EVM Layer 2 with Automated Ethereum Distribution

Retrieved on: 
Tuesday, April 2, 2024
Blockchain, ETH, Investment, Base, EVM, Heart, Cryptocurrency

This novel approach contrasts sharply with existing protocols which typically distribute tokens rather than ethereum, which often require manual claims or have longer distribution intervals, thereby enhancing user engagement and investment appeal.

Key Points: 
  • This novel approach contrasts sharply with existing protocols which typically distribute tokens rather than ethereum, which often require manual claims or have longer distribution intervals, thereby enhancing user engagement and investment appeal.
  • Reflect operates on the Base EVM Layer 2 framework, which is designed to solve the main Ethereum network's challenges, such as high gas fees and slower transaction speeds.
  • By leveraging the Layer 2 solution, Reflect can offer faster transactions and lower fees, making it an attractive platform for both developers and users.
  • Reflect represents a significant step forward in the development of EVM Layer 2 protocols, providing users with a lucrative and efficient means of earning ETH payouts.

BEVM Bitcoin Layer2 Closes Seed Round with RockTree Capital, Sathoshi Lab & 20 Others

Retrieved on: 
Wednesday, March 27, 2024
Consensus, EVM, MAST, Consensus decision-making, Capital, Financial regulation, Architecture, DBFX, BTC, Ecosystem, Traction, Safety, Geography, Cryptocurrency

Singapore, Singapore, March 27, 2024 (GLOBE NEWSWIRE) -- The Bitcoin Layer2 project BEVM has announced the completion of its seed round, and also a part of its Series A round, raising tens of million USD.

Key Points: 
  • Singapore, Singapore, March 27, 2024 (GLOBE NEWSWIRE) -- The Bitcoin Layer2 project BEVM has announced the completion of its seed round, and also a part of its Series A round, raising tens of million USD.
  • BEVM is the first EVM-compatible Bitcoin Layer2 network built on Taproot Consensus and uses $BTC as gas, aiming to bring 10% of $BTC into its Layer2 network environment.
  • Gavin Guo, Core Builder of BEVM said “Taproot Consensus is the final result of our team’s six years of exploring Bitcoin Layer2 solutions.
  • BEVM is currently the most decentralized and secure BTC layer2 solution.”
    BEVM has already implemented decentralized Bitcoin cross-chain custody services through Schnorr Signature, MAST and Bitcoin SPVs.

Portal DeFi Announces Plans to Integrate Stacks into Portal DEX and Enable Cross-Chain sBTC Trading

Retrieved on: 
Tuesday, April 9, 2024
Finance, Cryptocurrency, Professional Services, Asset Management, Fintech, Wrapped Bitcoin, DEX, EVM, Risk, Human, WBTC, Architecture, ETH, Decentralized finance, BTC, Traction, USDT, SDK

The integration will bring sBTC, a 1:1 Bitcon-backed asset on the Stacks layer that enables smooth movement of BTC from Layer 1 to Layer 2 and back while remaining decentralized, to the Portal DEX Network .

Key Points: 
  • The integration will bring sBTC, a 1:1 Bitcon-backed asset on the Stacks layer that enables smooth movement of BTC from Layer 1 to Layer 2 and back while remaining decentralized, to the Portal DEX Network .
  • The release of sBTC and its subsequent support in the Portal DEX Network will take place in the months following the Nakamoto rollout this year.
  • “Our integration with Portal will provide exciting cross-chain interoperability for builders,” said Andre Serrano, sBTC go-to-market resident at the Stacks Foundation.
  • “With sBTC set to join the Portal DEX Network, users will experience seamless, trust-minimized swaps between Bitcoin layers and beyond.

Flash News: OKX to List Linea's FOXY on its Spot Market

Retrieved on: 
Tuesday, April 9, 2024
Ethereum, Knowledge, OKX, Linea, USDT, UTC, EVM, ConsenSys, Cryptocurrency

DUBAI, UAE, April 9, 2024 /PRNewswire/ -- OKX , a leading crypto exchange and Web3 technology company, has issued updates for April 9, 2024.

Key Points: 
  • DUBAI, UAE, April 9, 2024 /PRNewswire/ -- OKX , a leading crypto exchange and Web3 technology company, has issued updates for April 9, 2024.
  • OKX today announced that it will list FOXY on its spot market on April 12 at 8:00 AM (UTC).
  • FOXY is a memecoin backed by Linea, a groundbreaking project developed by ConsenSys that addresses Ethereum's scalability challenges.
  • Linea's architecture revolves around its zkEVM (Zero-Knowledge Ethereum Virtual Machine) rollup network, combining the power of zero-knowledge proofs with Ethereum Virtual Machine (EVM) compatibility.

Flash News: OKX Wallet Now Integrated with ALIENX, the Only Staking Blockchain Driven by AI Nodes, Built for Mass Adoption of NFTs and Games

Retrieved on: 
Tuesday, April 9, 2024
Web3, EVM, Dapp, Blockchain, SOL, Observation, NFT, Running, AI, OKX, ARB, Non-fungible token, ETH, Game, BTC, Ecosystem, USD, Cryptocurrency

OKX Wallet Now Integrated with ALIENX, the Only Staking Blockchain Driven by AI Nodes, Built for Mass Adoption of NFTs and Games

Key Points: 
  • OKX Wallet Now Integrated with ALIENX, the Only Staking Blockchain Driven by AI Nodes, Built for Mass Adoption of NFTs and Games
    OKX Wallet is now integrated with ALIENX , the only staking blockchain driven by AI nodes and built for mass adoption of NFTs and games.
  • It is a high-performance staking blockchain powered by AI nodes, supporting BTC, ETH, ARB, SOL and NFTs for earning.
  • AI-driven NFT and gaming infrastructure: ALIENX is a high-performance blockchain powered by AI nodes, set to become the blockchain infrastructure for NFTs and gaming.
  • Native staking rewards: ALIENX, a high-performance staking blockchain compatible with EVM, is the only chain that supports earning income through staking BTC, ETH, ARB, SOL and NFTs.

Elastos Unveils BTC Oracle Enabling Dormant Bitcoin To Be Used on All Blockchains

Retrieved on: 
Friday, March 22, 2024
Elastos, Failure, EVM, ELA, ESG, Business development, ZPK, BTC, Oracle, Ecosystem, Privacy, Cryptocurrency

SINGAPORE, March 22, 2024 (GLOBE NEWSWIRE) -- Today Elastos , a pioneer in blockchain technology announces BTC Oracle, a radical new solution that will enable every EVM compatible blockchain to be a Bitcoin Layer 2, representing the most comprehensive solution for cross-chain operability enabling dormant Bitcoin to used on all Blockchains.

Key Points: 
  • SINGAPORE, March 22, 2024 (GLOBE NEWSWIRE) -- Today Elastos , a pioneer in blockchain technology announces BTC Oracle, a radical new solution that will enable every EVM compatible blockchain to be a Bitcoin Layer 2, representing the most comprehensive solution for cross-chain operability enabling dormant Bitcoin to used on all Blockchains.
  • The BTC Oracle is part of Elastos' Bitcoin Layer 2 (BeL2) , BeL2, the first Bitcoin Layer 2 to enable the direct development and management of Bitcoin-native smart contracts.
  • Elastos's Bitcoin layer 2 BTC Oracle acts as a zero-knowledge proof (ZPK) data feed that provides real-time Bitcoin information to EVM smart contracts.
  • "In that respect, BTC Oracle unlocks a 7-fold increase in the potential market for building on smart bitcoin."

Emerging BTC Layer2 Innovation, AINN Layer2 Secures Funding from Satoshi Lab, Waterdrip Capital, and Industry Pioneers

Retrieved on: 
Thursday, March 21, 2024
Bitcoin, Odyssey, SATS, Algorithm, Cryptocurrency, EVM, Intelligence, Ivy League, AI, Take, Investment, BTC, Ecosystem

AINN has a strong community and ecosystem, with over 100 ecosystem projects currently co-building together.

Key Points: 
  • AINN has a strong community and ecosystem, with over 100 ecosystem projects currently co-building together.
  • As the BTC Layer2 infrastructure, AINNLayer2 will fully integrate and empower all AINN ecosystem projects, driving the overall development of the ecosystem.
  • AINNLayer2 is a Bitcoin Layer2 network featuring high performance, cross-chain support for all assets, and a modular AI subnet.
  • In terms of offline events, AINNLayer2 will also participate in major events like the Hong Kong Web3.0 Spring Summit, BTC L2 Summit, and Dubai Token2049.

Particle Network Unveils Modular Layer-1 for Chain Abstraction & Universal Accounts

Retrieved on: 
Wednesday, March 20, 2024
Cosmos, NEAR, Friction, L1, EVM, Particle, Modularity, Abstraction, Testnet, BTC, Ecosystem, Data, Cryptocurrency

Singapore, Singapore, March 20, 2024 (GLOBE NEWSWIRE) -- Particle Network , a leading provider of Account and Wallet Abstraction solutions, has announced its revolutionary Modular Layer-1 powering Chain Abstraction and Universal Accounts.

Key Points: 
  • Singapore, Singapore, March 20, 2024 (GLOBE NEWSWIRE) -- Particle Network , a leading provider of Account and Wallet Abstraction solutions, has announced its revolutionary Modular Layer-1 powering Chain Abstraction and Universal Accounts.
  • Similarly, by introducing Universal Accounts, Particle strives to allow users to manage their identity and assets across various chains with a single account.
  • Particle Network’s modular Layer-1 solution relies on these existing products to enable its Universal Accounts, Universal Liquidity, and a Universal Gas Token.
  • Particle Network’s modular L1 blockchain powers chain abstraction by coordinating accounts across chains while abstracting gas and unifying liquidity.

Enterprise Ethereum Alliance Announces New Leadership and Vision

Retrieved on: 
Tuesday, March 19, 2024
Technology, Finance, Consulting, Banking, Other Technology, Professional Services, Software, Blockchain, Internet, Other Professional Services, Ethereum, Momentum, Microsoft, EVM, NYU, EY, EEA, Decentralized finance, Scarbrough, Chairperson, Ecosystem, Multimedia, Privacy, ETF, Cryptocurrency

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.

Eclipse Labs Announces $50M Series A Funding co-led by Placeholder and Hack VC

Retrieved on: 
Tuesday, March 12, 2024
Professional Services, Blockchain, NFT, Apps, Applications, Technology, Cryptocurrency, Software, Citadel, Developer, Uniswap, EVM, Environment, Discord, SVM, L2, Lead, Polychain Capital, Q2, Testnet, Engineering, Flow Traders, DBA, Marketing, Celestia, Architecture, Auros, Ecosystem, GSR, San Francisco Bay Area, Apollo Global Management

Eclipse Labs , a software firm contributing to the development of the first Ethereum layer-2 using the Solana Virtual Machine (SVM), has raised $50M of Series A funding co-led by Placeholder and Hack VC, bringing the total capital raised to $65M.

Key Points: 
  • Eclipse Labs , a software firm contributing to the development of the first Ethereum layer-2 using the Solana Virtual Machine (SVM), has raised $50M of Series A funding co-led by Placeholder and Hack VC, bringing the total capital raised to $65M.
  • "Eclipse is built to be Ethereum's fastest layer-2, leveraging the best pieces of the modular stack available today," said Neel Somani, Founder of Eclipse Labs.
  • Eclipse integrates the high-performance SVM with the deep pools of liquidity on Ethereum, while maintaining the hard constraint of verifiability."
  • Eclipse Labs intends on sponsoring hackathons and accelerators, in addition to community-building events targeted toward users who interact with Eclipse Mainnet.