Wanchain

Flash News: OKX Announces Integration of Relation, Entangle, Layer3, DMC, Everest Ventures Group, KEOM, FBPay and Wanchain with its Layer 2 Testnet

Retrieved on: 
Friday, January 19, 2024

SINGAPORE, Jan. 19, 2024 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for January 19, 2024.

Key Points: 
  • SINGAPORE, Jan. 19, 2024 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for January 19, 2024.
  • OKX Announces Integration of Relation, Entangle, Layer3, DMC, Everest Ventures Group, KEOM, FBPay and Wanchain with its Layer 2 Testnet
    OKX has announced the integration of Relation , Entangle , Layer3 , DMC , Everest Ventures Group , KEOM , FBPay and Wanchain with its Layer 2 testnet.
  • OKX's Layer 2 is a cutting-edge, Ethereum-based Zero Knowledge (ZK) Layer 2 network leverages the robust capabilities of the Polygon Chain Development Kit (CDK) .
  • With these eight projects now supporting the Layer 2 testnet, OKX is further able to demonstrate the versatility, capabilities and potential of its ZK Layer 2 network in a controlled environment.

Wanchain Announces Successful Deployment of New Cardano Bridge Solution

Retrieved on: 
Friday, August 11, 2023

Decentralized, non-custodial, bi-directional cross-chain bridges are officially up and running on Wanchain's Cardano Bridges.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - August 11, 2023) - Wanchain , maker of the first public decentralized cross-chain bridge, announced today that it has successfully deployed its Cardano Bridges.
  • Powered by decentralized, non-custodial, bi-directional cross-chain bridges, Wanchain's Cardano Bridges enable greater interoperability between networks and offer a huge influx of new assets and liquidity.
  • Wanchain's Cardano Bridges advance interoperability, enabling numerous assets including ADA, other native Cardano tokens, all erc20 tokens, and several other notable assets to move seamlessly between Cardano, any EVM-based network, and select non-EVM networks.
  • The Cardano Bridges are a milestone project for Wanchain, which champions innovation and interoperability in blockchain.

Circle Delivers USDC Interoperability Across Ecosystems with Mainnet Launch of Cross-Chain Transfer Protocol

Retrieved on: 
Wednesday, April 26, 2023

BOSTON, April 26, 2023 /PRNewswire/ -- Circle, a global digital financial technology firm and the issuer of USDC and Euro Coin, today announced the mainnet availability of Cross-Chain Transfer Protocol (CCTP) for developers building on Ethereum and Avalanche. The permissionless protocol enables USDC to flow natively across supported chains, delivering an unparalleled level of interoperability, security, liquidity and simplified user experiences.

Key Points: 
  • The permissionless protocol enables USDC to flow natively across supported chains, delivering an unparalleled level of interoperability, security, liquidity and simplified user experiences.
  • Apps that embed CCTP can enable users to "burn and mint" USDC natively, which results in USDC essentially "teleporting" from one blockchain to another.
  • Complete the transfer on the destination chain: The app uses the attestation to trigger the minting of USDC.
  • "In our pursuit of building the best dollar protocol on the internet, Cross-Chain Transfer Protocol gives USDC native interoperability across Web3," said Joao Reginatto, VP of Product.

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.

Wanchain Launches Cross-Chain USDT XFlows With Bridge Upgrade

Retrieved on: 
Wednesday, September 28, 2022

USDT XFlows are native-to-native USDT cross-chain transfers between blockchains where USDT is natively minted by Tether.

Key Points: 
  • USDT XFlows are native-to-native USDT cross-chain transfers between blockchains where USDT is natively minted by Tether.
  • When bridging USDT to another network, users will automatically receive native USDT if native USDT exists on the destination chain.
  • Wanchain bridge nodes balance pools of native USDT on Ethereum, BSC, OKC, Polygon and Arbitrum to enable native USDT cross-chain transfers; all without sacrificing security and decentralization.
  • The USDT liquidity that powers Wanchain's USDT XFlows is provided by users who bridge their USDT to another network using the lock-mint-burn-unlock mechanism.

Wanchain Announces Successful 'Saturn' Hard Fork, Setting Deflationary Path Forward

Retrieved on: 
Tuesday, July 5, 2022

With the Saturn hard fork upgrade, each transaction on Wanchain will involve burning a base fee, which automatically decreases the WAN circulating supply - in a process similar to that of Ethereum's EIP-1559.

Key Points: 
  • With the Saturn hard fork upgrade, each transaction on Wanchain will involve burning a base fee, which automatically decreases the WAN circulating supply - in a process similar to that of Ethereum's EIP-1559.
  • Additionally, the Saturn hard fork upgrades Wanchain's EVM, making it fully compatible with the Ethereum London EVM.
  • Now, every transaction includes a base fee that is burned, thereby reducing WAN circulating supply and adding deflationary pressure on WAN.
  • The Saturn hard fork represents the biggest technological leap forward for Wanchain with numerous advancements in the protocol, with improved functionality, performance, and cost, as the company sets off on a deflationary path forward.

Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain

Retrieved on: 
Thursday, May 5, 2022

In addition to bridging GLMR, MOVR and DOT, Wanchain is also deploying bridges that are compatible with Moonriver's Substrate crosschain assets xcKSM, xcKAR, xcKINT, xcRMRK, xcBNC, and xcKBTC.

Key Points: 
  • In addition to bridging GLMR, MOVR and DOT, Wanchain is also deploying bridges that are compatible with Moonriver's Substrate crosschain assets xcKSM, xcKAR, xcKINT, xcRMRK, xcBNC, and xcKBTC.
  • Wanchain's new bridges pave the way for these assets to be used outside the confines of the Dotsama ecosystem.
  • The first asset to benefit from this is xcKSM, which will be able to move seamlessly between Moonriver, Moonbeam and Wanchain.
  • As a parachain on the Polkadot network, Moonbeam benefits from the shared security of the Polkadot Relay Chain and integrations with other chains that are connected to Polkadot.

Wanchain Bringing New Platform to Drive Cardano Interoperability

Retrieved on: 
Wednesday, April 27, 2022

London, United Kingdom--(Newsfile Corp. - April 27, 2022) - Wanchain and Cardano's Input Output are collaborating on enabling interoperability between the Cardano mainnet, Cardano sidechains and other blockchain networks.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - April 27, 2022) - Wanchain and Cardano's Input Output are collaborating on enabling interoperability between the Cardano mainnet, Cardano sidechains and other blockchain networks.
  • Wanchain bridge nodes will also be upgraded to peg the Wanchain and Cardano networks to further secure Cardano's crosschain bridges and transactions.
  • By turning Wanchain into an EVM-compatible sidechain to Cardano, Cardano Dapp developers and users gain access to more coding languages, frameworks and integrated developer environments.
  • "Interoperability is one of the driving forces behind the Cardano blockchain, and as such the Cardano ecosystem will continue to grow.

Wanchain and XinFin to Develop XDC Bridges

Retrieved on: 
Wednesday, April 20, 2022

The bridges will initially link XDC to BNB Chain, Polygon, Avalanche and Wanchain, with plans for Wanchain to provide XinFin with continuous support by introducing BTC, ETH, WAN and others assets to XinFin's growing ecosystem.

Key Points: 
  • The bridges will initially link XDC to BNB Chain, Polygon, Avalanche and Wanchain, with plans for Wanchain to provide XinFin with continuous support by introducing BTC, ETH, WAN and others assets to XinFin's growing ecosystem.
  • XinFin's growth partner, DIMO, is promoting the need for XDC on other chains while also developing use cases for Wanchain wrapped assets on XinFin.
  • Since 2017, Wanchain has been working to develop the world's premier interoperability solution by building a wide area network of blockchains.
  • To begin, Wanchain will connect XinFin's XDC to Avalanche, BNB chain, Polygon and Wanchain's own Layer 1 blockchain.

ZooKeeper Partners with VFX Giant Yggdrazil to Enter Crypto Gaming Era

Retrieved on: 
Friday, October 8, 2021

GENEVA, Oct. 08, 2021 (GLOBE NEWSWIRE) -- Following six months of successful development since its launch, yield-farming dApp ZooKeeper has announced stock exchange-listed VFX giant Yggdrazil as its first major partner.

Key Points: 
  • GENEVA, Oct. 08, 2021 (GLOBE NEWSWIRE) -- Following six months of successful development since its launch, yield-farming dApp ZooKeeper has announced stock exchange-listed VFX giant Yggdrazil as its first major partner.
  • The collaboration will see Yggdrazil lead game production between the two companies, as ZooKeeper starts to develop its powerful ZooGames ecosystem.
  • On Aug. 6, ZooKeeper expanded its platform with ZooRena, added live battles, in-game events, wagering, and NFT boosting to its already impressive experience.
  • Following up on these successes, and strong community growth ZooKeeper is proud to announce its eagerly anticipated, powerhouse partnership with Yggdrazil.