Layerzero Integrates Flare, Enabling Connectivity to 75 Blockchains

Layerzero has integrated with Flare, a layer one (L1) blockchain, to connect it with 75 other blockchains. This integration aims to broaden the scope of decentralized applications (dapps) and improve data sharing across networks. Flare and Layerzero Partnership Aims to Enhance Dapp Accessibility According to an announcement shared with Cryptox.trade News, this integration represents an […] Source CryptoX Portal

Flare integrates LayerZero V2, connecting to 75 blockchains

The cross-chain messaging platform LayerZero has integrated Flare, connecting the Layer 1 blockchain for data to 75 blockchain networks. As announced on Wednesday, the integration means Flare can now connect to major blockchain networks such as Ethereum and Solana. The milestone also makes Flare accessible to multiple Ethereum Layer 2 (L2) networks, bringing over 50,000 decentralized applications (dApps) to Flare. “This is an incredibly valuable integration for all users and builders on Flare. Deployment of LayerZero V2 will help accelerate Flare’s expansion, paving the way for builders to develop a…

Consensys Acquires Wallet Guard to Enhance Metamask Security

Consensys has announced its acquisition of Wallet Guard, a browser extension focused on protecting digital assets from theft and fraud. This move aims to integrate Wallet Guard’s security features into Metamask. Metamask to Boost Security Following Consensys’ Wallet Guard Acquisition The acquisition comes as the Web3 ecosystem faces persistent security challenges, with scams and hacks […] Source CryptoX Portal

UN Development Programme Partners With Dfinity Foundation to Boost MSME Inclusion

The United Nations Development Programme (UNDP) has announced a partnership with the Dfinity Foundation to enhance its Universal Trusted Credentials (UTC) initiative. The collaboration aims to improve financial inclusion for micro, small and medium enterprises (MSME) globally using blockchain technology. UN Project Explores Digital Identity Solutions for MSME Financing The partnership will focus on developing […] Source CryptoX Portal

Inside Fiji’s Fiery Battle Against Plastics

Whenever the growing pile of plastic waste in front of her door takes up too much space, Asinate Lewabeka has a simple solution. She sets it on fire. She prefers to do so at dawn when the air is still so that the smoke rises in a black column. She says any later in the day, the coastal breeze risks blowing the acrid fumes straight into her home, a modest shack built on the edge of the Vunato dump site in Lautoka, Fiji’s second largest city. Lewabeka watches in satisfaction as…

Gala Games Partners with Animoca Brands to Boost Token, GALA Tanks 5%

CoinspeakerGala Games Partners with Animoca Brands to Boost Token, GALA Tanks 5% Gala Games, a Web3 and blockchain gaming firm, has partnered with Animoca Brands, a prominent venture capital and gaming firm based in Hong Kong. The two entities will work towards the development of the GALA token. The collaboration aims to enhance the users’ experience with the altcoin. As per an announcement made on social media platform X, Animoca Brands will receive GALA tokens from Gala’s Treasury “in order to provide liquidity provisioning services to Gala Games, with the…

Tether to Drive Digital Asset Education in Turkey

Crypto industry leader, Tether Operations Limited, and technology and strategy company, BTguru, have entered into a Memorandum of Understanding (MoU) to assess digital assets educational initiatives in Turkey (Türkiye). The MoU aims to develop comprehensive programs introducing stakeholders to blockchain and peer-to-peer technology, and explore real-world asset tokenization use cases for banks. This collaboration could […] Source CryptoX Portal

Ordinals Explorer Ord.io Introduces Rune-Gated Chats

Ordinals explorer Ord.io has announced the launch of ‘Degen Chat’, a new feature that introduces Rune-gated live chats for every Rune. This platform allows users to connect their wallets and start chatting instantly. The Degen Chat also introduces unique features such as Holder rank flairs and Mint count flairs. Ord.io founder, Leonidas, emphasized that every […] Source CryptoX Portal

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US

Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel discussion in Hong Kong last week. He called the decision “very unwise” because it shifted businesses to the U.S., boosting American […] Source CryptoX Portal