TVL

Matter Labs Collaborates with Chainlink Labs, Joining Chainlink SCALE and Integrating Price Feeds on zkSync

Retrieved on: 
Tuesday, December 12, 2023

SAN FRANCISCO, Dec. 12, 2023 /PRNewswire/ -- Matter Labs, an engineering and cryptography research company working on and developing software in relation to the zkSync protocol, a layer-2 trustless protocol that provides a scaling solution for Ethereum, and Chainlink Labs, the primary contributing developer of Chainlink, the decentralized computing platform powering the verifiable web, announced today that zkSync is joining the Chainlink SCALE (Sustainable Chainlink Access for Layer 1 and 2 Enablement) program to help propel the adoption of zkSync Era, the fastest zkEVM Ethereum layer-2 scaling solution. Additionally, Chainlink Price Feeds—the industry-leading price data solution underpinning the onchain economy—are now live on zkSync Era.

Key Points: 
  • Additionally, Chainlink Price Feeds —the industry-leading price data solution underpinning the onchain economy—are now live on zkSync Era.
  • "We're thrilled to see zkSync become a part of Chainlink SCALE, and to help drive its long-term network growth and sustainability," said Marco Cora, Senior Vice President of Business and Operations at Matter Labs.
  • "Chainlink Price Feeds is a critical and industry-standard infrastructure that has wide reaching benefits for developers and users alike.
  • "We're pleased that zkSync has joined the Chainlink SCALE program to help empower developers with the industry standard Chainlink Price Feeds and other services, helping accelerate the adoption of zkSync Era," stated Johann Eid, Chief Business Officer at Chainlink Labs.

SupraOracles integrates with Radix, the full-stack, Layer-1 smart contract platform

Retrieved on: 
Thursday, December 7, 2023

This integration marks a significant milestone in the world of decentralized technology, as two bleeding-edge platforms in decentralized data and layer 1 DeFi bring their offerings together.

Key Points: 
  • This integration marks a significant milestone in the world of decentralized technology, as two bleeding-edge platforms in decentralized data and layer 1 DeFi bring their offerings together.
  • Developers are taking note, as just two months after smart contract capabilities went live on Radix, approximately 10 dApps are already deployed, and 30 more are in the process of building or launching.
  • We are excited to work together to enhance data services for the Radix Network and unlock new possibilities for the blockchain ecosystem."
  • We are thrilled to bring our expertise to the Radix Network and contribute to the growth of Web3 and DeFi applications."

Aragon OSx and App Launch on Arbitrum: lowering the cost and time of launching a DAO

Retrieved on: 
Thursday, November 30, 2023

ZUG, Switzerland, Nov. 30, 2023 /PRNewswire/ -- Aragon has deployed its modular Aragon OSx DAO framework and no-code Aragon App on Arbitrum, opening the door for DAOs to interact with a thriving ecosystem of protocols, applications, and assets. Arbitrum's rollup technology serves as a gateway to the largest Layer 1 ecosystem—Ethereum—and Aragon's user-friendly tech stack unlocks the mass adoption of DAO technology.

Key Points: 
  • With over $7 billion total value locked and 55% of the L2 market share, Arbitrum is the industry's most popular L2 solution.
  • By launching on Arbitrum, DAOs can benefit from lower gas costs, allowing them to conserve DAO resources and drive increased voter turnout.
  • Arbitrum communities can now launch a DAO in under 10 minutes and manage their assets in a transparent and user-friendly app.
  • More information about Aragon OSx and the Aragon App can be found at https://aragon.org/

Aragon OSx and App Launch on Arbitrum: lowering the cost and time of launching a DAO

Retrieved on: 
Thursday, November 30, 2023

ZUG, Switzerland, Nov. 30, 2023 /PRNewswire/ -- Aragon has deployed its modular Aragon OSx DAO framework and no-code Aragon App on Arbitrum, opening the door for DAOs to interact with a thriving ecosystem of protocols, applications, and assets. Arbitrum's rollup technology serves as a gateway to the largest Layer 1 ecosystem—Ethereum—and Aragon's user-friendly tech stack unlocks the mass adoption of DAO technology.

Key Points: 
  • With over $7 billion total value locked and 55% of the L2 market share, Arbitrum is the industry's most popular L2 solution.
  • By launching on Arbitrum, DAOs can benefit from lower gas costs, allowing them to conserve DAO resources and drive increased voter turnout.
  • Arbitrum communities can now launch a DAO in under 10 minutes and manage their assets in a transparent and user-friendly app.
  • More information about Aragon OSx and the Aragon App can be found at https://aragon.org/

GameOn Files Q3 Financials, On Track for Profitable Q4

Retrieved on: 
Wednesday, November 29, 2023

Subsequent to the period, the Company announced a five-year partnership with Sportsology to develop $GAME, the next generation of fantasy sports infrastructure.

Key Points: 
  • Subsequent to the period, the Company announced a five-year partnership with Sportsology to develop $GAME, the next generation of fantasy sports infrastructure.
  • The agreement will drive $2.3m from development fees into Q4, expected to be a profitable quarter.
  • The Sportsology deal will also drive $1.4m in annual recurring revenue from 2024, expected to be a profitable year.
  • GameOn will launch three games on the Arbitrum One network, starting with LALIGA and PFL in the early-new year.

GameOn Receives Grant Funding From The Arbitrum Foundation

Retrieved on: 
Tuesday, November 28, 2023

VANCOUVER, BC, Nov. 28, 2023 /PRNewswire/ -- GameOn (CSE: GET) (OTCQB: GMETF), a next generation fantasy sports platform partnered with the world's best sports leagues to launch, operate, and monetize web3 games, today announces grant funding from The Arbitrum Foundation.

Key Points: 
  • VANCOUVER, BC, Nov. 28, 2023 /PRNewswire/ -- GameOn (CSE: GET) (OTCQB: GMETF), a next generation fantasy sports platform partnered with the world's best sports leagues to launch, operate, and monetize web3 games, today announces grant funding from The Arbitrum Foundation.
  • The deal will see GameOn launch upcoming major league partnerships on the Arbitrum One network, including LALIGA and PFL .
  • The Arbitrum Foundation has a mission to support and grow the Arbitrum network and its community while remaining at the forefront of blockchain adoption.
  • Separate from the Foundation grant program, Arbitrum DAO (the token holders governing the blockchain) periodically launches large-scale grant initiatives such as the recent short-term incentive program of 50 million ARB tokens.

Kinto Launches as a Layer 2 in Arbitrum Ecosystem

Retrieved on: 
Tuesday, November 21, 2023

NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Today Kinto, an Ethereum Layer 2 (L2) rollup designed to accelerate the transition to an on-chain financial system, announced its migration to the Arbitrum ecosystem leveraging the Arbitrum Nitro technology stack. Built by veterans in the DeFi industry, Kinto boasts stringent regulatory and compliance requirements, as well as an improved user experience built to bridge the gap between industry players in traditional finance and decentralized ecosystems.

Key Points: 
  • Kinto features permissionless KYC/AML and native account abstraction to solve the two biggest blockers to mainstream adoption - compliance and user experience.
  • Given Kinto's focus on security and maturity, partnering with the most advanced roll-up technology stack was a significant driver in transitioning to Arbitrum.
  • Arbitrum is a community-driven ecosystem with thousands of projects being built by crypto-natives and we are excited to add Kinto into that discussion.
  • Anuja Khatri, Head of Growth at Arbitrum Foundation added, "With Kinto launching on Arbitrum, the ecosystem is adding another pioneer in the DeFi space, playing a critical role in bridging decentralized finance and traditional financial institutions.

Kinetex Secures Funding to Build Future of Cross-Chain Trading On Gnosis Chain

Retrieved on: 
Wednesday, November 15, 2023

GIBRALTAR, Nov. 15, 2023 /PRNewswire/ -- Kinetex, a trailblazing decentralized platform that enables highly efficient cross-chain trading, announced the successful close of its strategic funding round. Taking the lead are Factor and Gnosis Chain, a community-led EVM Layer-1 blockchain. This partnership empowers Kinetex to refine its groundbreaking trading approach to transferring liquidity between networks that eliminates the need to store assets in pools and leverages zero-knowledge (ZK) technology to achieve validation without relying on third parties.

Key Points: 
  • Kinetex's Strategic Funding Round is led by Factor and Gnosis Chain, a community-owned EVM (Ethereum Virtual Machine) Layer-1 blockchain prioritizing credible neutrality.
  • GIBRALTAR, Nov. 15, 2023 /PRNewswire/ -- Kinetex , a trailblazing decentralized platform that enables highly efficient cross-chain trading, announced the successful close of its strategic funding round.
  • "With the support of Gnosis Chain and Factor, Kinetex is poised to redefine DeFi," says Tigran Bolshoi, Co-Founder of Kinetex.
  • Kinetex is in the final stages of testing the Flash Trade mode, before launching on Gnosis Chain by the end of the year.

Kinetex Secures Funding to Build Future of Cross-Chain Trading On Gnosis Chain

Retrieved on: 
Wednesday, November 15, 2023

GIBRALTAR, Nov. 15, 2023 /PRNewswire/ -- Kinetex, a trailblazing decentralized platform that enables highly efficient cross-chain trading, announced the successful close of its strategic funding round. Taking the lead are Factor and Gnosis Chain, a community-led EVM Layer-1 blockchain. This partnership empowers Kinetex to refine its groundbreaking trading approach to transferring liquidity between networks that eliminates the need to store assets in pools and leverages zero-knowledge (ZK) technology to achieve validation without relying on third parties.

Key Points: 
  • Kinetex's Strategic Funding Round is led by Factor and Gnosis Chain, a community-owned EVM (Ethereum Virtual Machine) Layer-1 blockchain prioritizing credible neutrality.
  • GIBRALTAR, Nov. 15, 2023 /PRNewswire/ -- Kinetex , a trailblazing decentralized platform that enables highly efficient cross-chain trading, announced the successful close of its strategic funding round.
  • "With the support of Gnosis Chain and Factor, Kinetex is poised to redefine DeFi," says Tigran Bolshoi, Co-Founder of Kinetex.
  • Kinetex is in the final stages of testing the Flash Trade mode, before launching on Gnosis Chain by the end of the year.

Bitcoin Price Hits $37,000 While Bitcoin ETF Token Smashes $150,000 as High-Profit Alternative

Retrieved on: 
Thursday, November 9, 2023

The Bitcoin ETF Token links its valuation to the progress of the spot Bitcoin ETF US Securities and Exchange Commission (SEC) approval process, for which a minimum eight-day window opened on Thursday.

Key Points: 
  • The Bitcoin ETF Token links its valuation to the progress of the spot Bitcoin ETF US Securities and Exchange Commission (SEC) approval process, for which a minimum eight-day window opened on Thursday.
  • Bitcoin ETF Token is also a lower-risk, higher-reward proposition, making it attractive to hot money speculative traders and longer-term investors.
  • The story doesn't end there – Bitcoin ETF Token also has a deflationary burn mechanism that is price-supportive because it reduces the total token supply.
  • The $BTCETF token is probably one of the smartest and cheapest ways to capture the alpha returns promised by the launch of a spot Bitcoin ETF.