Structured Finance Platform Intain Opens Tokenized Marketplace for Asset-Backed Securities

Intain’s digital marketplace is intended to automate and integrate functions such as verification agent, underwriting, rating agency, servicer, trustee and the investor, according to the company. “Rather than replacing trust intermediaries, [IntainMARKETS] integrates them onto a singular platform and process to enable digital issuance and investment on-chain,” the company added. Source

Bridge Platform LayerZero Denies Allegations It Kept ‘Backdoor’ Secret

“A trusted-party vulnerability (also called a ’backdoor’) is an undisclosed capability of a trusted party, that can compromise the function of the system,” Prestwich explained in a tweet outlining his findings. According to Prestwich, LayerZero has the ability to unilaterally steal or move around funds locked up with platforms that use its bridging services with default settings. Source

Solana DeFi project Friktion shuts down its user platform

Solana decentralized finance (DeFi) platform Friktion is shutting down its user interface and urging customers to withdraw their assets from the protocol, according to a statement on Jan. 26.  The project’s website will no longer deliver the same services, operating in withdrawal-only mode for all Volts and making deposits unavailable. Friktion’s Volts are structured products for DeFi investments that allow investors to earn a share of the revenue of investment pools, according to the company’s page. Friktion has made the difficult decision to sunset its user platform, a process beginning…

Web3 Developer Platform Alchemy Releases Transaction Simulation Product

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NFT Application Floor Acquires Data Platform WGMI.io to Educate Traders

The Floor iOS and Android app is currently in a closed beta test for a small community of token holders. It is led by co-founder and chief operating officer Christine Brown, who was previously the crypto chief operating officer at investing platform Robinhood, and co-founder and chief technology officer Siddhartha Dabral, who formerly founded software company Button Inc. Source

WEF Unveils Global Collaboration Village Metaverse Platform – Metaverse Bitcoin News

The World Economic Forum (WEF) has announced the rollout of the Global Collaboration Village, its own metaverse platform, for this year. Klaus Schwab, chairman of the WEF, plans to leverage this representation of Davos to allow people and leaders to meet in virtual worlds and coordinate global collaboration efforts efficiently. WEF to Promote Metaverse-Based Collaboration The World Economic Forum (WEF) has announced the rollout of its own metaverse platform, dubbed the Global Collaboration Village. The digital world, designed to look like the actual town of Davos in which the organization…

Ethereum Layer-2 Platform, ZKSync, Releases New SDK in Swift

ZKSync, an Ethereum layer-2 platform designed to scale transaction throughput using zero-knowledge (ZK) proofs and Rollups, has released a new software development kit (SDK) in Swift. ZKSync Releases SDK in Swift In a tweet on January 17, ZKSync said the goal is to make their features more accessible to developers and dApps. With a Swift SDK, ZKSync would support more platforms and use cases, especially for teams building iOS and macOS applications on ZKSync 2.0. We want to make zkSync 2.0’s features accessible to more developers and applications, so we’ve released…