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TaskOn is excited to partner with Klarda, an EVM cryptocurrency portfolio management solution. This coalition promotes decentralization and Web3 startup and project growth. Klarda is committed to its objective by spending $500,000 on user acquisition to accelerate Web3 initiative creation, improve communities, and boost acceptance. TaskOn, a Web3 collaborative tool, sees potential. TaskOn’s diverse tools and services are suited for Klarda and Web3 ecosystem growth. TaskOn and Klarda’s Long-Term Giveaway for Web3 Enthusiasts However, other factors must be addressed. Relationships transcend business. TaskOn and Klarda have ambitious long-term promotion objectives. Free Klarda NFTs and future prize draws await participants. More…

As part of the Stage 2 testnet launch, operators can now register to the network and commence validation for the first App-Verified State (AVS) – EigenDA. EigenLayer, a leading blockchain protocol, has officially launched the Goerli testnet for EigenDA, signaling a significant advancement in its development journey toward the complete EigenLayer vision. The release of Stage 2 follows the successful introduction of restaking on the mainnet Ethereum in June, which saw a robust response from the community. Security-focused jumps in Total Value Locked (TVL) caps have resulted in an impressive restaking of 170,000 ETH on the EigenLayer protocol. While caps…

Neon EVM is working on letting users pay transaction fees with tokens other than the platform’s native token NEON. This feature is currently live on testnet and it’s scheduled to go live on Neon EVM’s devnet in the coming weeks, with mainnet support expected in Q1 2024. Neon is an Ethereum-based smart contract layer on Solana. The new feature give users transacting in Solana-based tokens, such as SOL, USDC and USDT, the option to pay transaction fees in the transacting token rather than its native NEON token, according to a statement. The Neon DAO will consider which additional tokens to…

Citi successfully tested blockchain infrastructure for simulating foreign exchange transactions on Avalanche Evergreen subnets. The financial industry and MAS collaborated on the RFS Project Guardian. This study evaluated simulated spot trading on the USD/SGD currency pair. The underlying technology allows trading of many currency pairs, however it is currently in testing mode and is not available to clients. AvaCloud, a managed blockchain service, was used to create an on-chain pricing solution. It tracks price quotes and trade execution on the Avalanche platform in real time in a manner that is compliant and meets the needs of institutional-grade trading platforms. Configuring…

A new feature developed by Proton Mail will allow users to verify email addresses with the help of blockchain technology. Swiss end-to-end email provider focused on encryption Proton Mail is piloting a new blockchain-based feature allowing users to verify email addresses. In an interview with Fortune, Proton CEO Andy Yen highlighted that the new Key Transparency product has nothing to do with crypto and is essentially a “blockchain in a very pure form.” The idea is to solve the “man-in-the-middle” attack, a type of cyberattack when the attacker intercepts and controls the entire conversation. “Maybe it is the NSA [National…

In an exciting development for the sports-exercise blockchain domain, LILLIUS, a leader in AI sports challenge platforms, has joined forces with Chiliz, a renowned name in the world of SportFi. This collaboration is set to elevate the user experience in sports apps and non-fungible tokens (NFTs) by leveraging the potential of Chiliz’s Layer-1 blockchain technology. This partnership marks a significant milestone in blending sports with the innovative world of blockchain, promising a new era of interactive and rewarding sports engagement. The groundbreaking initiative by LILLIUS involves the integration of its state-of-the-art sports applications with the Chiliz blockchain. This integration aims…

In a groundbreaking move, Calaxy has unveiled a revolutionary feature in its Calaxy Messenger: enabling users to send their cryptocurrencies and NFT collectibles utilizing text messages. This new development makes transferring digital assets as simple as texting your friends. It is worth noting that most people had found the crypto world intriguing but intimidating until recently. It was exhausting to have public wallet addresses, buy native network tokens for transaction fees, and match both parties’ wallets. Such practice often made users feel overpowered and disconnected from what should have been positive and revolutionary technology. The recent update of Calaxy is…

Crypto mining is a process of verifying and adding transactions to a public ledger known as a blockchain. In order to do this, miners need to solve complex computational problems. In return for their efforts, they are rewarded with crypto coins, such as Bitcoin, Shiba Inu, Ravencoin, etc. While any computer can be used for crypto mining, the process is very resource intensive and can quickly damage hardware that is not designed for it. For this reason, many people use dedicated crypto mining rigs, which are specifically designed for mining. Blockchain mining can be done using a variety of computing…

AvaCloud, an entity affiliated with Ava Labs, granted Citi the privilege of evaluating a pioneering application they had developed. Using a blockchain framework, this application calculates and executes simulated bilateral spot foreign exchange (FX) transactions. AvaCloud is a customized, controlled blockchain solution that offers permissioned private Avalanche blockchains. In addition to monitoring real-time streaming pertaining to price quotes, Citi’s on-chain service documents parallel transaction implementations on Avalanche. The entity supports the implementation of cryptographically secure record-keeping for trade-related data. The application is a critical component of Project Guardian, a collaborative effort between the financial industries and the Monetary Authority of…

Forthewin Network has expanded its platform with the integration of Ethereum and Polygon networks, with support for features such as Swap, Farm, and Smith, as part of its multi-chain strategy for 2023. FTW Bridge & expansion In July 2023, Forthewin introduced its own FTW Bridge to Polygon, which has now also been expanded to Ethereum. Users can use the bridge to swap between NEP-17 NEP tokens on Neo and ERC-20 NEP tokens on both Polygon and Ethereum. As a result, the Swap and Farm features are now both open on the EVM networks. Swap allows for the trading of tokens,…