The startup building Pipe Network, Permissionless Labs, is focusing on one of the unseen but ubiquitous pieces of the modern internet. Many websites cannot afford to let their content lag as it zips long distances from hosting server to end-user. So they rely on networks of relay servers that can be called upon by the end-users to which they’re geographically close. Source
Rayls, launched in June 2024, is an EVM blockchain system that unifies permissioned and public blockchains focused on enterprise-grade solutions. The product is aimed at initiatives such as financial instrument tokenization projects, the development of central bank digital currencies (CBDCs), and intra-institution transactions. Source
In the ever-evolving world of cryptocurrency, the competition among meme coins is intensifying as new players enter the market with innovative concepts and promising returns. Dogecoin (DOGE), once the undisputed king of meme coins, is now facing stiff competition from emerging tokens like PlayDoge (PLAY) and Mpeppe (MPEPE). These two rivals have recently garnered significant attention, particularly from a Dogecoin whale who has invested a substantial $10 million in their presales, signaling a potential shift in the meme coin hierarchy. The Rise of PlayDoge (PLAY) PlayDoge (PLAY) has quickly become…
This is part of a larger fund that Ripple will allocate to tokenized T-bills provided by OpenEden and other issuers. Source
The fund will be used to develop an accelerator program for projects built on Aptos. Source
Both efforts saw a higher-than-expected showing of support from Democrats, and the tallies are being used to assess lawmakers. Stand With Crypto, an advocacy group started by Coinbase, maintains a grading system for politicians. The “D” grade for Sen. Mark Warner (D-Va.), for instance, reflects his no vote on the SAB 121 resolution, while the “B” grade for Sen. Chuck Grassley (R-Iowa) shows he was for it. Source
The funding round led by Electric Capital included participation from RockawayX, Coinbase Ventures, L1 Digital and Placeholder. Source
Web3 cybersecurity company GoPlus has raised $10 million in a private financing round with participation from a host of heavyweight crypto investors including OKX Ventures, HashKey Capital and Animoca Brands, according to an emailed announcement shared with CoinDesk on Wednesday. Source
The Fantom Foundation has recently disclosed its plans to establish the Sonic Foundation and Sonic Labs in preparation for the launch of its Sonic blockchain. In an announcement on Thursday, the foundation expressed its commitment to leveraging its technology and revealed additional details about the upcoming developments. Fantom Introduces Sonic Chain According to the foundation’s blog post, with the completion of the upgrade for their Opera chain on the horizon, Fantom is directing its focus towards creating a new “high-throughput” chain called Sonic (S). The introduction of the Sonic network…
Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains. Source link