EVM

Hedera Wallet Snap goes live, connecting the Hedera network with MetaMask's 30 million monthly active users

Retrieved on: 
Tuesday, January 16, 2024

DAVOS, Switzerland, Jan. 16, 2024 /PRNewswire/ -- MetaMask Snaps, an innovative plugin that provides access to MetaMask's 30 million monthly active users, is now available on Hedera, the open-source, leaderless proof-of-stake network powering the next generation of the web. Built by Tuum Technologies, a leading developer of open-source decentralized identity solutions, Snaps extends the functionality of MetaMask by enabling developers to create custom plugins. The newly launched Hedera Wallet Snap enhances the overall user experience while streamlining processes for developers, who can now seamlessly integrate Hedera's functionality into MetaMask-based applications.

Key Points: 
  • The newly launched Hedera Wallet Snap enhances the overall user experience while streamlining processes for developers, who can now seamlessly integrate Hedera's functionality into MetaMask-based applications.
  • The integration of Hedera into an EVM, multichain wallet opens up numerous doors for users, developers, and companies to interact with the Hedera network directly through MetaMask applications.
  • The newly announced Hedera Wallet Snap eliminates the need for Hedera JSON-RPC Relay, allowing Hedera Wallet Snap users to retrieve account information from both the Hedera Consensus Node and the Hedera Mirror Node.
  • Hedera Wallet Snap can be installed from MetaMask Open Beta and it is available on GitHub as a JavaScript NPM package , providing access to advanced native features of Hedera.

Klaytn and Finschia Jointly Propose a Chain Merge to Create Asia's Leading Blockchain Ecosystem

Retrieved on: 
Tuesday, January 16, 2024

Klaytn Foundation and Finschia Foundation have submitted a proposal to merge the two blockchains to create Asia's Web3 technological and ecosystem powerhouse.

Key Points: 
  • Klaytn Foundation and Finschia Foundation have submitted a proposal to merge the two blockchains to create Asia's Web3 technological and ecosystem powerhouse.
  • The proposed new blockchain will be compatible with both EVM and CosmWasm, inheriting the strengths of both Klaytn and Finschia.
  • The proposal also details the replacement of KLAY and FNSA with a new native coin that features improved tokenomics and no ecosystem reserve.
  • SINGAPORE, Jan. 16, 2024 /PRNewswire/ -- Klaytn Foundation, established to build and decentralize the ecosystem of South Korea's leading Layer 1 blockchain Klaytn, has teamed up with Finschia Foundation, the operator of the Finschia blockchain developed by LINE Tech Plus, to propose the merger of the two existing blockchains into a new mainnet.

Klaytn and Finschia Jointly Propose a Chain Merge to Create Asia's Leading Blockchain Ecosystem

Retrieved on: 
Tuesday, January 16, 2024

Klaytn Foundation and Finschia Foundation have submitted a proposal to merge the two blockchains to create Asia's Web3 technological and ecosystem powerhouse.

Key Points: 
  • Klaytn Foundation and Finschia Foundation have submitted a proposal to merge the two blockchains to create Asia's Web3 technological and ecosystem powerhouse.
  • The proposed new blockchain will be compatible with both EVM and CosmWasm, inheriting the strengths of both Klaytn and Finschia.
  • The proposal also details the replacement of KLAY and FNSA with a new native coin that features improved tokenomics and no ecosystem reserve.
  • SINGAPORE, Jan. 16, 2024 /PRNewswire/ -- Klaytn Foundation, established to build and decentralize the ecosystem of South Korea's leading Layer 1 blockchain Klaytn, has teamed up with Finschia Foundation, the operator of the Finschia blockchain developed by LINE Tech Plus, to propose the merger of the two existing blockchains into a new mainnet.

The Quantum Resistant Ledger Unveils Beta-Testnet of Zond: A Quantum Secure, Proof-of-Stake Blockchain

Retrieved on: 
Monday, January 15, 2024

ZUG, Switzerland, Jan. 15, 2024 /PRNewswire-PRWeb/ -- In 2016, QRL set out on a mission to create a blockchain that would remain secure even in the face of advancements in quantum computing which will, in future, compromise the security of classical Elliptical Curve Cryptography, the encryption method employed by 99% of other blockchains. Codenamed Zond, this new Proof-of-Stake Beta-network, with its quantum-proof design, brings this vision into touching distance. Already running a quantum-secure Proof-of-Work mainnet for over 5 years, QRL is nonetheless incredibly excited by the delivery of Zond to this stage. Zond brings not just a change of consensus mechanism but a wholesale change in capability: the ability to run smart contracts employing cryptography that will endure even as the world moves into the quantum age.

Key Points: 
  • The Quantum Resistant Ledger (QRL) is thrilled to announce the release of the beta-testnet for Zond: a groundbreaking Quantum-Secure, Proof-of-Stake (PoS), Ethereum Virtual Machine-compatible blockchain.
  • Codenamed Zond, this new Proof-of-Stake Beta-network, with its quantum-proof design, brings this vision into touching distance.
  • Key Features of Zond Beta-Testnet:
    Quantum-Proof Security: Zond leverages innovative cryptographic techniques to ensure security against quantum threats, providing a robust foundation for the future of blockchain technology.
  • The beta-testnet release of Zond represents a pivotal moment for the Quantum Resistant Ledger and the broader blockchain community.

LBank Exchange Lists DNY (Dynasty Coin) on January 8, 2024

Retrieved on: 
Wednesday, January 10, 2024

LBank Exchange is thrilled to announce the listing of DNY (Dynasty), a revolutionary decentralized platform that is reshaping the landscape of digital payments.

Key Points: 
  • LBank Exchange is thrilled to announce the listing of DNY (Dynasty), a revolutionary decentralized platform that is reshaping the landscape of digital payments.
  • Leveraging the power of blockchain technology, Dynasty Coin introduces a fast, low-cost, and efficient financial infrastructure that transcends traditional geographical and cultural barriers.
  • In the realm of tokenomics, Dynasty Coin introduces its native token, DNY, which plays a central role in the ecosystem.
  • DNY is used for various purposes, including transaction fees, validator staking, governance voting, and as a medium for payments.

Ajna Protocol Completes Audits and Relaunches on Mainnet and L2s

Retrieved on: 
Thursday, January 11, 2024

The Ajna Protocol is a suite of permissionless, immutable smart contracts that allow users to create lending markets for both ERC20 and ERC721 tokens.

Key Points: 
  • The Ajna Protocol is a suite of permissionless, immutable smart contracts that allow users to create lending markets for both ERC20 and ERC721 tokens.
  • Cumulatively, the Ajna Protocol has undergone 10 separate security audits on the various components of its codebase.
  • As of the redeployment, there are two front end service providers which offer access to the Ajna Protocol: Summer.fi and Mom.
  • To learn more about the Ajna Protocol, visit ajna.finance.For media inquiries, please contact David Utrobin at [email protected] Brand Kit | What is Ajna Video | Token Tunes Video

BL2 Technology officially launched: fostering the development at On-Chain Scaling Evolution

Retrieved on: 
Tuesday, January 9, 2024

While Ethereum's Layer2 tech gained attention, BL2 technology in Bitcoin, a recent breakthrough, takes center stage.

Key Points: 
  • While Ethereum's Layer2 tech gained attention, BL2 technology in Bitcoin, a recent breakthrough, takes center stage.
  • BL2's technological tapestry weaves together various components:
    At its core, side chain technology is the linchpin of BL2, enabling Bitcoin transactions and settlements on a distinct chain.
  • Advantages and Challenges of BL2 Technology:
    Unleashing a range of advantages, BL2 technology brings significant improvements to the overall Bitcoin ecosystem.
  • In the ever-evolving blockchain landscape, Bitcoin's BL2 technology emerges as a pioneering force, offering a blend of technical prowess, advantages, challenges, and future development directions.

KuCoin Research Report Highlights Resurgence of Investment in the Web3 Market, with 22% of Projects Securing Over $10 Million Financing

Retrieved on: 
Thursday, January 11, 2024

The report offers a comprehensive analysis of macroeconomic factors, stablecoins, public chains, Layer2 trends, inscriptions, investment projects, and regulatory policies.

Key Points: 
  • The report offers a comprehensive analysis of macroeconomic factors, stablecoins, public chains, Layer2 trends, inscriptions, investment projects, and regulatory policies.
  • The report offers a comprehensive analysis of macroeconomic factors, stablecoins, public chains, Layer2 trends, inscriptions, investment projects, and regulatory policies.
  • Despite the number of investment projects remaining high, seed rounds and strategic financing remained primary, with a notable increase in projects with financing exceeding $10 million.
  • These changes in the proportion of projects and financing amounts reflect the resurgence of investment and financing in the Web3 market as well as the potential shifts in investor behavior.

Nayms Launches the First Institutional Tokenized (Re)insurance Marketplace on Base, Announcing Next Investment Opportunity

Retrieved on: 
Thursday, January 11, 2024

With this launch, investors can more easily access yield-generating (re)insurance opportunities that are available within Nayms' marketplace in the form of a tokenized asset class.

Key Points: 
  • With this launch, investors can more easily access yield-generating (re)insurance opportunities that are available within Nayms' marketplace in the form of a tokenized asset class.
  • Nayms Launches First Institutional Tokenized (Re)insurance Marketplace on Base, Announcing Next Investment Opportunity
    Embarking on the heels of a successful launch of its first investment opportunities, Nayms remains committed to deploying emerging technologies to reshape the insurance industry.
  • As the insurance industry evolves, tokenization offers a unique opportunity for institutional investors to diversify their investment portfolios and capitalize on the growth of traditional private market asset classes.
  • For more information on Nayms and investment opportunities, contact [email protected] , or visit the website directly.

Nayms Launches the First Institutional Tokenized (Re)insurance Marketplace on Base, Announcing Next Investment Opportunity

Retrieved on: 
Thursday, January 11, 2024

With this launch, investors can more easily access yield-generating (re)insurance opportunities that are available within Nayms' marketplace in the form of a tokenized asset class.

Key Points: 
  • With this launch, investors can more easily access yield-generating (re)insurance opportunities that are available within Nayms' marketplace in the form of a tokenized asset class.
  • Embarking on the heels of a successful launch of its first investment opportunities, Nayms remains committed to deploying emerging technologies to reshape the insurance industry.
  • As the insurance industry evolves, tokenization offers a unique opportunity for institutional investors to diversify their investment portfolios and capitalize on the growth of traditional private market asset classes.
  • For more information on Nayms and investment opportunities, contact [email protected] , or visit the website directly.