Author: Jeremy Ryan

Layer N, a roll-up network designed to scale financial applications on Ethereum, announced today the appointment of Hong Kong-based former Fidelity International executive Luc Froehlich to its advisory board. Layer N is an Ethereum StateNet, a network of specialized rollups optimized for the financial ecosystem aimed at onboarding institutional liquidity. Read more: What Are Rollups? ZK Rollups and Optimistic Rollups Explained Before joining Layer N, Froehlich led Fidelity International’s foray into cryptocurrencies and tokenized assets as global head of digital asset solutions for seven years. In an email interview with CoinDesk, Froehlich said that he’s joining the protocol’s advisory board…

As its brand new testnet for Bitcoin (BTC) staking is live, Social Network proudly shares the list of the first cohort of partners. The cutting-edge Web3 teams will work together merging the benefits of the proof-of-work (PoW) and DeFi segments. Social Network teams up with Arbitrum, Biconomy, AltLayer and more: See full list Social Network, a one-of-a-kind BTC staking provider, announced the first generation of its long-term partners. The list includes Arbitrum, a dominant Ethereum L2. While Social Network has joined forces with Arbitrum for its battle-tested layer-2 rollup tech stack, it has also committed to donating 10% of its…

Uniswap, the Smart Contract-based decentralized cryptocurrency exchange (DEX), announced the deployment of its v2 protocol on six new chains. According to a post on X, the deployments would allow users to execute functions directly on those chains through the protocol’s interface. The said chains include Arbitrum, Polygon, Optimism, Base, Binance Smart Chain (BSC), and Avalanche. You all love v2 so much, we’re bringing it to you everywhere ???? pic.twitter.com/OQLrPH0A2z — Uniswap Labs ???? (@Uniswap) February 20, 2024 Explaining the impact of the recent deployment, Unsiwap noted that the fresh development will offer simpler experiences for liquidity pools (LPs) based on…

Unique Consensus Mechanism: Hedera utilizes the hashgraph consensus, a novel approach that enables higher transaction throughput, lower latency, and enhanced security compared to traditional blockchain technologies. Robust Governance Model: It is governed by a council of leading global organizations, ensuring decentralized governance and promoting network stability and reliability. For the latest Hedera (HBAR) price, you’re at the right place. Stay tuned for all upcoming developments in the HBAR ecosystem by following our Hedera news section. Wondering about the best wallet options for your HBAR? Dive into our comprehensive Hedera wallet guide. And if you’re considering buying HBAR, our detailed Hedera…

The interactive nature of Improbable’s forthcoming endeavor is to enable real-time visibility, communication, and auditory exchange among virtual explorers, striving to replicate high-density events that have — thus far — been exclusive to the physical realm.A spotlight was cast on this cutting-edge breakthrough by the company’s Chief Product Officer, Rob Whitehead, during the event for the Metaverse Society’s ‘Scaling the Metaverse’ report.  Source: YouTube (Improbable)Expanding Horizons of Virtual Social ConnectivityDuring his speech, Whitehead drew a parallel between the virtual gathering experience and the thrills of an expansive music festival. He likened the forthcoming Metaverse to “experiencing a digital version of…

In a recent insights report, Ripple discusses four key observations on payment usage benefits, adoption plans and barriers to growth. Ripple and the U.S. Faster Payments Council (FPC) worked on a second annual 2023 worldwide survey that looked at the present and future use of blockchain payment systems to better understand what’s going on in the market. Over 100 payment leaders participated in the survey, including a significant number of founders, CEOs and technical leaders. Four key insights Along these lines, Ripple presented four key insights on blockchain in global payments. First, blockchain in payments unlocks real value. Past surveying,…

Algorand Foundation and the Government of Plateau State of Nigeria are joining hands to explore pilot programs using blockchain technology in Nigeria. The partnership was announced on the official website of Algorand. The post read that the Government of Plateau State holds a strong position in the administration and governance of state services. The authority overviews routine operations in industries ranging from legislative and judicial to health care and procurement. With Algorand’s assistance, the administration will test blockchain apps throughout different sectors. Dominic Gwaman, PITCDA’s (Plateau State Information and Communications Technology Development Agency) Director General, talked about the recent partnership.…

NeoCast, the winner of the Infrastructure category at the Neo APAC Hackathon grand finale, is a blockchain-agnostic communication middleware. The project is designed to allow services to access both off-chain and on-chain data. By integrating with dApps and other applications, NeoCast allows users to be informed via push notification whenever a relevant event occurs. The innovation behind NeoCast aims to bridge the gap in coordination and communication between Web3 services and users. This project emerged victorious at the 2023 Neo APAC Hackathon, under the Infrastructure track, earning high praise from Neo developer community judges for addressing a critical pain point…

Slowly rising from the dead, Hytopia prepares to finally re-launch, bringing their new ‘Hychain’ and surrounding ecosystem to the web3 gaming scene. But, first, we have an upcoming sale for Node License Keys which let owners run a software node for the Hytopia chain, earning TOPIA tokens as rewards! The Hytopia Node Sale begins on March 2nd 2pm PST, with the first day reserved for those with ‘whitelist points’. After that, the public sale opens on March 3rd at 2pm PST. Wallets receive whitelist points by holding Hytopia Worlds and Avatars, or Gray Boy NFTs. Users can also earn whitelist…

Masa, the foremost decentralized network for personal data, has experienced remarkable growth since its inception in August 2022, accumulating more than 1.2 million unique wallets and surpassing 23 million proprietary data points. Additionally, despite a bear market, it has attracted over 40,000 node operators to its Masa oracle testnet in the last 18 months. This momentum highlights the growing demand among users for complete control over their data, propelling Masa to become one of the quickest expanding Web3 communities as it approaches its eagerly awaited mainnet launch in April. Additionally, more than 70 prominent Web3 companies, including Polygon, zkSync, QuickSwap,…