Tag: Launches

Polygon spinoff launches testnet bridge to allow for low-cost layer-2s

Blockchain network Avail has launched a testnet data availability bridge to Ethereum, according to a July 7 announcement. Once testing is completed, the bridge will allow developers to easily create “validiums” or low-cost layer-2s that do not store full transaction data on Ethereum, the announcement stated. Avail was originally created by Polygon Labs, but was spun off as an independent project in March. Polygon’s co-founder, Anurag Arjun, is also the founder of Avail. Avail Block Explorer. Source: Avail.tools Layer-2 rollup networks like Optimism, Arbitrum, Polygon zkEVM, and zkSync Era lower…

Polygon spinoff launches testnet bridge to allow for low-cost layer 2s

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Blockchain network Avail has launched a testnet data availability bridge to Ethereum, according to a July 7 announcement. Once testing is completed, the bridge will allow developers to easily create “validiums” or low-cost layer 2s that do not store full transaction data on Ethereum, the announcement stated. Avail was originally created by Polygon Labs, but was spun off as an independent project in March. Polygon’s co-founder, Anurag Arjun, is also the founder of Avail. Avail Block Explorer. Source: Avail.tools Layer-2 rollup networks like Optimism, Arbitrum, Polygon zkEVM, and zkSync Era…

Circle launches beta test of wallet-as-a-service for developers

Circle, the company behind the second-largest stablecoin USDC, has announced the beta testing of a new service enabling developers to integrate web3 wallets into their applications. USDC stablecoin issuer, Circle, has initiated a wallet-as-a-service program targeted at developers. The innovative service provides a platform for developers to integrate web3 wallets seamlessly into their applications, boasting a user-friendly design. The wallets have interoperability with any blockchain, thus broadening users’ accessibility to a spectrum of web3 digital assets like non-fungible tokens (NFTs) and cryptocurrencies. We quietly released the first major milestone of…

dYdX exchange launches testnet for ‘fully decentralized’ version 4

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Crypto exchange dYdX has launched a public testnet of its “v4” iteration, according to a July 5 announcement from the exchange’s development team. This marks the completion of “milestone 4” out of five, paving the way for a future v4 mainnet launch. Once implemented on mainnet, v4 is expected to allow for “full decentralization” of the exchange. v4 Testnet is officially live https://t.co/TD5caN6VSQ Here are all the links you may need for easy access! Public Testnet: https://t.co/BZ57SvuXNvTestnet Status Page: https://t.co/7vkrGZs9fxv4 Documentation: https://t.co/tKTUWacKld Feedback and Block Explorer links — dYdX (@dYdX)…

Crypto-friendly DBS Bank launches digital yuan payment tool

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Cryptocurrency-friendly bank DBS is cooperating with mainland China on the development of a new payment solution for the digital yuan, also known as e-CNY. DBS Bank China officially announced on July 5 the launch of the e-CNY merchant solution, allowing mainland businesses to receive payments in the central bank digital currency (CBDC). The new service will allow corporate clients of DBS Bank China to collect payments from their customers in e-CNY and conduct automated settlement of e-CNY directly into their CNY bank deposit account. DBS’ solution is designed to enable…

TON blockchain launches on-chain encrypted messaging feature

The Open Network (TON) has released an on-chain encrypted messaging feature, according to a July 3 announcement from the network’s developer, TON Foundation. The new feature allows for private messages to be sent between TON users.  TON Foundation Introduces Encrypted Transaction Messageshttps://t.co/HXKtk0gxKC pic.twitter.com/0z1z4E5ku1 — TON (@ton_blockchain) July 3, 2023 TON is a blockchain network forked from code created by the Telegram instant messaging app team. Telegram abandoned the project in July 2020, before a mainnet was ever launched. However, it open-sourced TON’s code before leaving, allowing others to continue building…

Ledger Launches Institutional-Grade Trading Network for Crypto Custody

Ledger launched an institutional-grade trading network to meet the risk management and regulatory requirements of institutions. On June 28th, crypto custody company Ledger announced the launch of “Ledger Enterprise TRADELINK”, a custodial trading network for institutions aiming to revolutionize this segment. According to Ledger, the crypto wallet company has signed contracts with several partners to carry out its new project, which eliminates unnecessary complexities in the crypto market that are under scrutiny by regulators. Among the cryptocurrency companies and partners that have signed with Ledger are Bitstamp, Bitazza, CEX.IO, Coinsquare,…

Germany launches dog-themed NFTs to fetch cyber talent: Nifty Newsletter, June 21–28

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In this week’s newsletter, read about the German foreign intelligence agency issuing a dog-themed nonfungible token (NFT) treasure hunt and check out the new NFT stamp collection from the autonomous territory of the Faroe Islands. Find out about Hermès latest win in its infringement case against MetaBirkins, and don’t forget this week’s Nifty News, featuring the NFT Web3 card game Gods Unchained being added to the Epic Games store, and why the United States Secret Service created an NFT collection. German intelligence service launches dog-themed NFTs to fetch cyber talent…