Elastos

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

Retrieved on: 
Friday, March 22, 2024

BTC Oracle will drive Bitcoin Layer 2 adoption with the support of Elastos' zk-based, BeL2

Key Points: 
  • Singapore, Singapore--(Newsfile Corp. - March 22, 2024) - 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's 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.
  • BeL2 is a suite of technologies consisting of a BTC Oracle that inputs Bitcoin-related data to EVM contracts.

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

Retrieved on: 
Friday, March 22, 2024

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."

Bleichmar Fonti & Auld LLP Announces Proposed Settlement of Class Action Involving Purchasers of ELA Tokens

Retrieved on: 
Thursday, September 7, 2023

A detailed description of the Litigation, including the parties, the claims and defenses, and other important information about your rights and options are in the detailed Notice of Pendency and Proposed Settlement of Class Action (the "Notice").

Key Points: 
  • A detailed description of the Litigation, including the parties, the claims and defenses, and other important information about your rights and options are in the detailed Notice of Pendency and Proposed Settlement of Class Action (the "Notice").
  • At the Settlement Hearing, Settlement Class Counsel will request that the Court award aggregate attorneys' fees and expenses, the combined value of which will be no more than 30% of the Settlement Amount, or $600,000.
  • To date, Settlement Class Counsel has not received any payment for their services representing Class Members, nor has it been paid any of its expense.
  • If you have any questions about the settlement you may contact Class Counsel at the following address:

Web3 Domain Alliance Announces New Members to Protect User-Owned Digital Identities

Retrieved on: 
Wednesday, February 22, 2023

Together, the Web3 Domain Alliance will advocate for standards in the Web3 domain industry to foster innovation and a safe environment for people.

Key Points: 
  • Together, the Web3 Domain Alliance will advocate for standards in the Web3 domain industry to foster innovation and a safe environment for people.
  • Recently, the team at Web3 social trading network Metascan deprecated their NFT top-level domain to avoid a name collision and joined the Web3 Domain Alliance.
  • As part of today’s announcement, the Alliance welcomes 27 new naming systems, including Stargaze Names, iheartdomains.xyz, EDNS, NF.Domains [TxnLab Inc.], United Domains, Threely, Xdc Web3 Domains, Astar Web3 Domains, Tron/Bittorent Web3 Domains, Velas Web3 Domains, IoTeX Web3 Domains, Fusion Web3 Domains, Elastos Name Service, Moon Web3 Identity, Wanchain Web3 Domains, Ontology Web3 Domains, NEAR, OKC Web3 Domains, Meter Name Service, Metis Name Service, Fuse Web3 Domains, Easy IP, IAMX.ID, .CSPR Domains, Metascan, NFTR, and NFT Domains SA.
  • Early members of the Web3 Domain Alliance include Unstoppable Domains, Bonfida, Polkadot Name System, Hashgraph.name, Syscoin, and klaytn.domains.

Unstoppable Domains and 30 Global Crypto Wallet Providers Form New ".wallet" Username Standard

Retrieved on: 
Tuesday, October 5, 2021

SAN FRANCISCO, Oct. 5, 2021 /PRNewswire/ -- NFT domain name provider Unstoppable Domains and 30 of the world's leading wallets, including Trust Wallet, IMToken, Bread Wallet, and MyEtherWallet today introduced the .Wallet Alliance, an open collaboration across crypto wallets to simplify peer-to-peer crypto transactions and break down the silos that exist in traditional payment systems. This new group of wallets, representing 40 million users, is teaming up to establish a new global standard for peer-to-peer crypto transactions using Unstoppable Domains' simple, easily-readable .wallet NFT Domains.

Key Points: 
  • This new group of wallets, representing 40 million users, is teaming up to establish a new global standard for peer-to-peer crypto transactions using Unstoppable Domains' simple, easily-readable .wallet NFT Domains.
  • Much like how fiat payment apps usernames made it easy to send USD, Unstoppable Domains' .wallet usernames take the hassle and fear out of sending crypto.
  • With Unstoppable Domains' .wallet usernames, sending cryptocurrencies and tokens is just as easy as sending an email.
  • - Adam Traidman, Co-founder and CEO of BRD
    The founding members of the .wallet Alliance include: Imtoken, MyEtherWallet, BRD, Cake Wallet, Birdchain, Litewallet, 1inch, Nimiq Wallet, OWNR Wallet, Digifox, Klever, CoinFlip, ArcBlock (DID Wallet), Portis Wallet, Elastos Essentials, Iotex (ioPay Wallet), Bitinka, Avalanche Wallet, Mercuryo, Bacoor / HB Wallet, Trust Wallet, HASH Wallet, Xumm, Bitcoin.com, Lobstr, Throughbit, Chipper Cash, and Wombat.

Unstoppable Domains and 30 Global Crypto Wallet Providers Form New ".wallet" Username Standard

Retrieved on: 
Tuesday, October 5, 2021

SAN FRANCISCO, Oct. 5, 2021 /PRNewswire/ -- NFT domain name provider Unstoppable Domains and 30 of the world's leading wallets, including Trust Wallet, IMToken, Bread Wallet, and MyEtherWallet today introduced the .Wallet Alliance, an open collaboration across crypto wallets to simplify peer-to-peer crypto transactions and break down the silos that exist in traditional payment systems. This new group of wallets, representing 40 million users, is teaming up to establish a new global standard for peer-to-peer crypto transactions using Unstoppable Domains' simple, easily-readable .wallet NFT Domains.

Key Points: 
  • This new group of wallets, representing 40 million users, is teaming up to establish a new global standard for peer-to-peer crypto transactions using Unstoppable Domains' simple, easily-readable .wallet NFT Domains.
  • "Unlike fiat payment apps that are closed off and limited by your location, Unstoppable Domains provides global, interoperable payments between hundreds of wallets, apps, and services.
  • Much like how fiat payment apps usernames made it easy to send USD, Unstoppable Domains' .wallet usernames take the hassle and fear out of sending crypto.
  • - Adam Traidman, Co-founder and CEO of BRD
    The founding members of the .wallet Alliance include: Imtoken, MyEtherWallet, BRD, Cake Wallet, Birdchain, Litewallet, 1inch, Nimiq Wallet, OWNR Wallet, Digifox, Klever, CoinFlip, ArcBlock (DID Wallet), Portis Wallet, Elastos Essentials, Iotex (ioPay Wallet), Bitinka, Avalanche Wallet, Mercuryo, Bacoor / HB Wallet, Trust Wallet, HASH Wallet, Xumm, Bitcoin.com, Lobstr, Throughbit, Chipper Cash, and Wombat.