Vernacular

Osmosis & Umee Announce Landmark Merger, Paving the Way for a DeFi Powerhouse

Retrieved on: 
Tuesday, December 5, 2023

This merger between the UX chain and Osmosis chain would involve a code transition where the UX chain will reimplement its code base on top of the Osmosis chain in order to achieve mutually beneficial functionalities.

Key Points: 
  • This merger between the UX chain and Osmosis chain would involve a code transition where the UX chain will reimplement its code base on top of the Osmosis chain in order to achieve mutually beneficial functionalities.
  • This merging of the product features onto the Osmosis chain signifies a dedication to the products that can be achieved on a unified DeFi Hub.
  • “2023 has been a massive year for Osmosis and the Cosmos ecosystem, and we’re not slowing down anytime soon.
  • Be on the lookout for more updates as we learn about the results of this merger between the two largest most effective platforms in Cosmos.

Osmosis & Umee Announce Landmark Merger, Paving the Way for a DeFi Powerhouse

Retrieved on: 
Tuesday, December 5, 2023

This merger between the UX chain and Osmosis chain would involve a code transition where the UX chain will reimplement its code base on top of the Osmosis chain in order to achieve mutually beneficial functionalities.

Key Points: 
  • This merger between the UX chain and Osmosis chain would involve a code transition where the UX chain will reimplement its code base on top of the Osmosis chain in order to achieve mutually beneficial functionalities.
  • This merging of the product features onto the Osmosis chain signifies a dedication to the products that can be achieved on a unified DeFi Hub.
  • “2023 has been a massive year for Osmosis and the Cosmos ecosystem, and we’re not slowing down anytime soon.
  • The combined architecture of both chain’s functionalities will open up the door for flash loans and new forms of MEV on the same DeFi Hub.” Says Brent Xu, Co-founder of Umee .

Introducing SafeAuth: The Powerhouse Collaboration between Web3Auth and Safe to Onboard and Connect Millions of Users Across the Safe Ecosystem

Retrieved on: 
Thursday, December 14, 2023

Today, Web3Auth , a leading Wallet-as-a-Service (WaaS) provider, in partnership with Safe , a pioneer in Account Abstraction, announced the launch of SafeAuth.

Key Points: 
  • Today, Web3Auth , a leading Wallet-as-a-Service (WaaS) provider, in partnership with Safe , a pioneer in Account Abstraction, announced the launch of SafeAuth.
  • View the full release here: https://www.businesswire.com/news/home/20231206766320/en/
    Introducing SafeAuth: The Powerhouse Collaboration between Web3Auth and Safe to Onboard and Connect Millions of Users Across the Safe Ecosystem (Photo: Business Wire)
    Simplifying onboarding with Account Abstraction has been a concept familiar with crypto industry, SafeAuth, leveraging the combined strengths of Web3Auth and Safe, enables users to swiftly create Safe Smart Account wallets.
  • This process is facilitated by social logins secured by Multi-Party Computation, eliminating the traditional need for seed phrases and significantly enhancing user convenience and security.
  • The real game-changer is the interoperability SafeAuth brings, allowing existing and future dApps to interact more fluidly than ever before.”

Llama Raises $6 Million from Founders Fund and Electric Capital to Streamline Smart Contract Access Management

Retrieved on: 
Monday, November 6, 2023

NEW YORK, Nov. 6, 2023 /PRNewswire/ -- Llama , an access control and governance platform for smart contracts, raised a $6 million seed round from Founders Fund and Electric Capital.

Key Points: 
  • NEW YORK, Nov. 6, 2023 /PRNewswire/ -- Llama , an access control and governance platform for smart contracts, raised a $6 million seed round from Founders Fund and Electric Capital.
  • Smart contract applications have accrued billions of dollars in value locked and treasury holdings.
  • Llama has launched a fullstack platform that makes access control and governance more effective and secure.
  • Llama is currently onboarding customers who are looking for an onchain access control and governance solution.

Experts Behind SEAL 911 Bot Announce SEAL Drills to Improve Industry-Wide Emergency Readiness

Retrieved on: 
Wednesday, October 25, 2023

SAN FRANCISCO, Oct. 25, 2023 /PRNewswire-PRWeb/ -- The creators of SEAL 911, the first responder Telegram bot designed to allow anyone to contact a team of security experts and which recently intercepted a live hack, are proud to announce SEAL Drills, organized by the SEAL Chaos Team.

Key Points: 
  • Projects can sign up to receive training in incident response from trusted security experts through SEAL Drills.
  • To ensure broad accessibility and to improve ecosystem security, SEAL Drills are offered for free as a public good.
  • SAN FRANCISCO, Oct. 25, 2023 /PRNewswire-PRWeb/ -- The creators of SEAL 911, the first responder Telegram bot designed to allow anyone to contact a team of security experts and which recently intercepted a live hack, are proud to announce SEAL Drills, organized by the SEAL Chaos Team.
  • SEAL Chaos Team's Drills are designed to solve this problem by providing members of the crypto community hands-on training in running a war room.

Quantstamp's New DeFi Protection Program Pays Users in the Event of a Hack

Retrieved on: 
Thursday, October 19, 2023

Quantstamp is announcing DeFi Protection, a new security product that will reimburse users for their DeFi losses.

Key Points: 
  • Quantstamp is announcing DeFi Protection, a new security product that will reimburse users for their DeFi losses.
  • Quantstamp's new DeFi Protection service aims to give DeFi users peace of mind while protecting their funds.
  • DeFi Protection is a security product that checks the safety of smart contracts, alerts users to any threats, and provides 24/7 support from security auditors.
  • Critically, the product also features a guarantee program that will reimburse DeFi Protection customers for any losses due to a gap in Quantstamp's security services.

Zeitgeist to Launch Revolutionary Prediction Markets Utilizing CoinDesk Indices

Retrieved on: 
Thursday, October 5, 2023

BERLIN, Oct. 5, 2023 /PRNewswire/ -- Zeitgeist, the pioneering dApp for prediction markets, is thrilled to announce its strategic collaboration with CoinDesk Indices (CDI), the leading provider of digital asset indices by AUM since 2014. With this engagement, Zeitgeist aims to bring fresh signals to prediction markets for tradeable crypto sectors.

Key Points: 
  • BERLIN, Oct. 5, 2023 /PRNewswire/ -- Zeitgeist , the pioneering dApp for prediction markets, is thrilled to announce its strategic collaboration with CoinDesk Indices (CDI), the leading provider of digital asset indices by AUM since 2014.
  • Utilizing CoinDesk Indices' expertise allows us to offer unparalleled prediction markets on one of the leading crypto index platforms in the world."
  • The company is set to run prediction markets on two prominent crypto sector indices: the CoinDesk DeFi Select Index and the CoinDesk Smart Contract Platform Select Index .
  • "We are excited to see two of our select sector indices support prediction markets at Zeitgeist," said Andy Baehr, CFA, Managing Director at CoinDesk Indices.

Chainlink CCIP Goes Live on Base

Retrieved on: 
Wednesday, September 27, 2023

SAN FRANCISCO, Sept. 27, 2023 /PRNewswire/ -- Today, the Chainlink Cross-Chain Interoperability Protocol (CCIP) is now live on Base—a fast and highly scalable layer-2 blockchain incubated by Coinbase and secured by Ethereum. Developers on Base now have access to the most secure and easy-to-use interoperability protocol for building cross-chain applications and services.

Key Points: 
  • Chainlink unlocks an easier way to build cross-chain applications and services with CCIP, a secure, reliable, and easy-to-use interoperability protocol
    SAN FRANCISCO, Sept. 27, 2023 /PRNewswire/ -- Today, the Chainlink Cross-Chain Interoperability Protocol (CCIP) is now live on Base—a fast and highly scalable layer-2 blockchain incubated by Coinbase and secured by Ethereum.
  • "With CCIP now live on Base, developers have access to the leading interoperability protocol to easily build cross-chain applications and services," said Johann Eid, Chief Business Officer at Chainlink Labs.
  • Projects including Raft , Nuon , Folks Finance , Polychain Monsters and others are already integrating Chainlink CCIP on Base.
  • In August, Chainlink Price Feeds went live on Base, giving developers on Base access to industry-standard Chainlink Data Feeds and other Web3 services.

Chainlink CCIP Goes Live on Arbitrum One

Retrieved on: 
Thursday, September 21, 2023

SAN FRANCISCO, Sept. 21, 2023 /PRNewswire/ -- Chainlink, the industry-standard Web3 services platform, and Arbitrum, the most widely used layer 2 scaling solution suite for Ethereum dApp development, have announced today the mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One.

Key Points: 
  • CCIP provides Web3 developers with a secure, easy-to-use interface to build secure applications that can send messages, transfer tokens, and initiate actions across blockchains.
  • By combining CCIP with Arbitrum One's ecosystem, developers can use CCIP to unlock a variety of use cases, such as cross-chain tokenized assets, collateral, gaming, data storage and computation.
  • Projects including BetSwirl , Galaxis , Stafi , Raft , Polychain Monsters and others are already integrating Chainlink CCIP on Arbitrum
    "Builders and applications on Arbitrum now have access to the CCIP Network, providing a secure, reliable, and easy-to-use solution for developers," said A.J.
  • "We are excited to see the benefits it brings to those already building, or seeking to build on Arbitrum One."

API3 Introduces Managed Data Feed Service to Support TVL Growth on Polygon zkEVM

Retrieved on: 
Thursday, August 24, 2023

The vast majority of DeFi apps – worth tens of billions in TVL – continue to use push-type oracles to secure their TVL.

Key Points: 
  • The vast majority of DeFi apps – worth tens of billions in TVL – continue to use push-type oracles to secure their TVL.
  • With native-chain aggregation and multi-source data feeds, developers can leverage more reliable data, reducing downtime and improving data integrity.
  • Developers have already been using dAPIs on Polygon zkEVM as self-funded data feeds, but now have access to multi-source, aggregated data feeds served directly on-chain by leading data providers.
  • "It's very exciting to see API3 deploying on Polygon zkEVM, enhancing the DeFi ecosystem with an innovative push oracle solution.