Elis James

Metasphere Labs Begins Negotiations to Spearhead Integration for Pure Sky Registry LLC in Landmark Environmental Blockchain Initiative

Retrieved on: 
Wednesday, March 27, 2024

Under this MOU, the Company is exploring a commission to integrate Pure Sky's pioneering carbon credit registry with blockchain technology, marking a significant advancement in environmental sustainability efforts.

Key Points: 
  • Under this MOU, the Company is exploring a commission to integrate Pure Sky's pioneering carbon credit registry with blockchain technology, marking a significant advancement in environmental sustainability efforts.
  • Pursuant to the MOU, the Company will also deliver a comprehensive statement of work (“SOW”) that will detail the scope, timeline, and responsibilities for the integration of the Pure Sky registry web application with the Pure Sky Decentralized Autonomous Organization (“DAO”) and carbon credit registry smart contracts.
  • Natasha Ingram CEO of Metasphere, remarked on the collaboration, “We are honored to explore partnering with Pure Sky, leading their blockchain integration efforts.
  • “This integration by Metasphere will revolutionize how we approach carbon credit transactions, enhancing our platform's accessibility and efficiency,” said Marty Seymour, Managing Director of Pure Sky.

zkLink Nova Unifies Liquidity On-Chain with Token Merge Event

Retrieved on: 
Tuesday, April 9, 2024

SINGAPORE, April 9, 2024 /PRNewswire/ -- zkLink Nova ("Nova"), the first aggregated Layer 3 (L3) ZK-Rollup network with EVM-compatibility, today announced the consolidation of stablecoins and wBTC into single tokens on Nova, enhancing liquidity within the Nova ecosystem, aimed at creating the largest liquidity pool across all Layer 2 (L2) and Layer 3 networks.

Key Points: 
  • SINGAPORE, April 9, 2024 /PRNewswire/ -- zkLink Nova ("Nova"), the first aggregated Layer 3 (L3) ZK-Rollup network with EVM-compatibility, today announced the consolidation of stablecoins and wBTC into single tokens on Nova, enhancing liquidity within the Nova ecosystem, aimed at creating the largest liquidity pool across all Layer 2 (L2) and Layer 3 networks.
  • Currently, Nova has achieved asset aggregation, allowing users to deposit native assets from various L2 networks onto Nova for cross-chain asset trading.
  • As such, Nova has deployed "MergeToken" smart contracts to consolidate assets of the same value from different chains on Nova into a single token (e.g.
  • Nova will serve as the network on which assets of the same value can be combined into a single token—boosting liquidity of the Nova network as well as overall L2 ecosystem.

Polymesh Association unveils Polymesh Private, a private permissioned blockchain for financial institutions embarking on tokenization

Retrieved on: 
Monday, March 18, 2024

Polymesh Private will enable entities and organizations to run private instances of the Polymesh blockchain uniquely configurable per their business needs.

Key Points: 
  • Polymesh Private will enable entities and organizations to run private instances of the Polymesh blockchain uniquely configurable per their business needs.
  • Polymesh Private is the first private blockchain on the market offering a gateway to public blockchain infrastructure, future-proofing companies for adaptation.
  • The Polymesh Association is a not-for-profit dedicated to the growth of the Polymesh ecosystem through Polymesh and Polymesh Private.
  • Polymesh Private is a private permissioned instance of Polymesh that can be deployed by enterprises.

Bitget Research Report Unveils 1.5 Million Daily Active Crypto Traders in Western European

Retrieved on: 
Thursday, March 28, 2024

The number of local daily crypto traders ranges from 1.2 million to 1.5 million.

Key Points: 
  • The number of local daily crypto traders ranges from 1.2 million to 1.5 million.
  • Austria witnessed the fastest growth in crypto traders between December 2022 to December 2023, with a 70% increase in users.
  • Regional users demonstrate high participation in decentralized projects, NFTs and Web3 platforms, and active engagement in popular chain ecosystems like Solana.
  • Western European countries, characterized by developed economies and high general education levels, rank among the regions with the highest cryptocurrency adoption globally.

Bitget Research Report Unveils 1.5 Million Daily Active Crypto Traders in Western European

Retrieved on: 
Thursday, March 28, 2024

The number of local daily crypto traders ranges from 1.2 million to 1.5 million.

Key Points: 
  • The number of local daily crypto traders ranges from 1.2 million to 1.5 million.
  • Austria witnessed the fastest growth in crypto traders between December 2022 to December 2023, with a 70% increase in users.
  • Regional users demonstrate high participation in decentralized projects, NFTs and Web3 platforms, and active engagement in popular chain ecosystems like Solana.
  • Western European countries, characterized by developed economies and high general education levels, rank among the regions with the highest cryptocurrency adoption globally.

GX Labs Leverages Chintai Nexus to Launch BioChar Carbon Credit Backed by Industry Leading Puro.earth Standard

Retrieved on: 
Tuesday, March 26, 2024

GX Labs white labeled Chintai Nexus to issue a BioChar carbon token, which is backed by Nasdaq's leading industry standard Puro.earth.

Key Points: 
  • GX Labs white labeled Chintai Nexus to issue a BioChar carbon token, which is backed by Nasdaq's leading industry standard Puro.earth.
  • Microsoft and other forward thinking global corporations have made large investments into carbon credits that use the Puro.earth standard, giving the GX Labs BioChar token credibility as elite globally recognized carbon removal credit.
  • David Packham, Chintai CEO said, "Working with companies like GX Labs is why we created Chintai Nexus .
  • Net carbon emitters, including the largest corporations globally, will have to buy carbon credits like the GX Labs BioChar token to offset their emissions.

Alchemy Pay and Polyhedra Network Announce Upcoming Collaboration for Seamless Ramp Solution

Retrieved on: 
Tuesday, March 26, 2024

Through this collaboration, Alchemy Pay will integrate Polyhedra Network's ZK infrastructure to improve the interoperability, security, and user experience of its global payment system.

Key Points: 
  • Through this collaboration, Alchemy Pay will integrate Polyhedra Network's ZK infrastructure to improve the interoperability, security, and user experience of its global payment system.
  • Polyhedra Network will also integrate Alchemy Pay's seamless ramp solution, significantly improving accessibility and user experience for their global audience and $ZK token holders.
  • Alchemy Pay will also add support for Polyhedra Network's native token $ZK on its Ramp solutions, enabling users to acquire $ZK using fiat currencies and local payment methods in a seamless and compliant way.
  • By integrating Polyhedra Network's ZK infrastructure, Alchemy Pay's On-ramp solution can cover more blockchain networks by zkBridge.

Usual Emerges From Stealth, Launches New Stablecoin Ecosystem With Alternative Model

Retrieved on: 
Tuesday, March 19, 2024

PARIS, March 19, 2024 /PRNewswire/ -- Usual, an innovative hybrid finance protocol, today officially emerged from stealth by announcing the launch of USD0, a permissionless and fully compliant stablecoin backed 1:1 by real-world assets (RWAs), and USUAL, a governance token that allows the community to guide the future evolution of the network. Usual addresses current stablecoin market issues by redistributing profits to the community, rewarding token holders with real yields generated by the RWAs.

Key Points: 
  • Usual addresses current stablecoin market issues by redistributing profits to the community, rewarding token holders with real yields generated by the RWAs.
  • Usual represents the next evolution in decentralized stablecoins by reinstating community trust, democratizing financial opportunities, and ensuring fair income distribution.
  • Usual governance tokens will reward USD0 holders and all other participants in the Usual ecosystem.
  • With the launch of USD0 and USUAL token, Usual seeks to drive the next evolution of equitable and community-centered finance.

Flash News: OKX Wallet Now Integrated with TokenFi, Enabling Users to Tokenize Real-World Assets

Retrieved on: 
Tuesday, March 19, 2024

OKX Wallet Now Integrated with TokenFi, Enabling Users to Tokenize Real-World Assets

Key Points: 
  • OKX Wallet Now Integrated with TokenFi, Enabling Users to Tokenize Real-World Assets
    OKX Wallet today announced that it is now integrated with TokenFi , a platform within the Floki ecosystem that allows eligible users to effortlessly tokenize real-world assets (RWAs) and launch crypto tokens without the need for coding.
  • This integration is set to revolutionize the way OKX Wallet's web extension users interact with the tokenization process, offering a seamless experience for users wanting to create tokens or tokenize RWAs.
  • To access TokenFi, OKX Wallet users simply need to:
    OKX Wallet is a secure and versatile crypto wallet that gives users access to over 80 blockchains while allowing them to take custody of their own funds.
  • With this integration, OKX Wallet continues to enhance its users' access to a growing range of Web3 ecosystem projects.

Japanese Banks Adopt IBC for Stablecoin Cross-Chain Transfers

Retrieved on: 
Monday, March 18, 2024

 BAAR, Switzerland, March 18, 2024 /PRNewswire/ -- What happened?: TOKI successfully enabled the cross-chain transfer of an ERC20-compatible token, designed as a stablecoin backed by multiple Japanese banks, on Ethereum (Sepolia) to BNB Chain testnets using IBC.

Key Points: 
  • : TOKI successfully enabled the cross-chain transfer of an ERC20-compatible token, designed as a stablecoin backed by multiple Japanese banks, on Ethereum (Sepolia) to BNB Chain testnets using IBC.
  • IBC is a blockchain interoperability protocol used by 110+ chains, facilitating secure, permissionless cross-chain interactions.
  • TOKI expands IBC to non-Cosmos blockchains by providing a Light Client Proxy contract with proof verification within Intel SGX.
  • The transfer was conducted through a lock-and-mint mechanism compliant with ICS-20 , the IBC token transfer module that facilitates tens of millions of transfers per year.