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Panama Metropolis, Panama, December nineteenth, 2024, Chainwire PoSciDonDAO has introduced that Enhance VC has invested within the undertaking, representing a major step ahead in its mission to decentralize scientific analysis and innovation. The funding contains PoSciDonDAO’s acceptance into Enhance VC’s Go-To-Market Program, which can present worthwhile assets to assist the undertaking’s growth and adoption. Enhance VC Expands Dedication to Decentralized Science With PoSciDonDAO Enhance VC, co-founded by Adam Draper and Brayton Williams, is understood for supporting rising applied sciences that introduce different approaches to conventional techniques. Through the years, Enhance VC has demonstrated a powerful dedication to the decentralized science…
Vilnius, Lithuania, December twentieth, 2024, Chainwire Europe’s main cryptocurrency trade, WhiteBIT, concludes the yr with notable achievements. The most recent estimates reveal the corporate’s capitalization has reached $38.9 billion, whereas the annual buying and selling quantity surged to $2.7 trillion — a 200% enhance in comparison with the earlier yr. These figures embody all trade markets (spot and futures), showcasing the corporate’s speedy progress and the rising belief of its customers. For context, WhiteBIT’s buying and selling quantity surpassed main gamers like Kraken, whose annual buying and selling quantity stood at $628 billion. WhiteBIT’s buying and selling quantity exceeds the…
Zug, Switzerland, December nineteenth, 2024, Chainwire Acurast, a frontrunner in decentralized confidential cloud computing, declares the launch of Acurast Processor Lite for iOS, now available on the Apple App Store. This utility permits iPhone customers to share their gadget’s computing energy with Acurast’s decentralized confidential cloud community, providing a chance to earn rewards in return. By harnessing the superior processors in cellular gadgets, Acurast makes it attainable for normal telephones to function as highly effective computing suppliers. With this new enlargement to iOS, Acurast’s ecosystem grows greater, welcoming iPhone customers right into a community that’s altering the way in which…
London, UK, December nineteenth, 2024, Chainwire Harbour, in partnership with Velocity Labs, publicizes the launch of their stablecoin fee system “Magic Ramp”, connecting SEPA Instantaneous fee rails with Polkadot. This collaboration seamlessly integrates TradFi banking methods into Web3, offering environment friendly, low-cost fee options. Magic Ramp permits Euros to be despatched from any checking account and acquired as USDC on-chain in lower than 30 seconds, with minimal charges whereas funds held in Web3 wallets could be acquired as Euros in financial institution accounts with the identical pace. For the primary six weeks following the launch, these bank-to-on-chain transactions will likely…
Singapore, Singapore, December nineteenth, 2024, Chainwire Succinct alliance establishes Mantle Community as highest-TVL ZK validity rollup Mantle Network, an Ethereum layer 2 (L2) recognized for its modular design and being the primary adopter of EigenLayer’s EigenDA, right now introduced its architectural transition to a zero-knowledge (ZK) validity rollup via an industry-first alliance with Succinct. Combining its modular structure, knowledge availability options via EigenDA, and now zero-knowledge proofs through SP1, Mantle Community embarks on creating the liquidity chain for institutional-grade settlement and worth switch within the crypto ecosystem. Since Mantle Community’s mainnet launch on July 7, 2023, the burgeoning on-chain ecosystem…
Singapore, Singapore, December 18th, 2024, Chainwire NFTMozaic, the latest venture to hit the Polkadot ecosystem, has been awarded a Decentralized Futures Grant by the Web3 Foundation to determine Polkadot because the main ecosystem for NFT-related tasks and initiatives. What’s NFTMozaic? NFTMozaic goals to redefine the NFT panorama by aligning and defining one frequent imaginative and prescient of success for NFTs within the Polkadot ecosystem. With the help of a Decentralized Futures grant, NFTMozaic will play a pivotal function in driving NFT progress and adoption throughout the Polkadot community, in the end changing into the go-to Polkadot NFT alliance hub for…
Singapore, Singapore, December 18th, 2024, Chainwire dTRINITY, a next-generation stablecoin liquidity protocol, has introduced its mainnet debut on the Fraxtal L2 community. The platform is designed to decrease curiosity bills and enhance yields for stablecoin customers, addressing the important thing problem of rising credit score prices in DeFi. On the core of dTRINITY is a protocol-native stablecoin (dUSD), which serves because the unified liquidity layer between its cash markets (dLEND, an Aave v3 fork) and exterior liquidity swimming pools (e.g., Curve). dUSD is backed 1:1 by an on-chain collateral reserve consisting of stablecoins comparable to USDC, FRAX, and DAI, in…
Dubai, India, December 18th, 2024, Chainwire Sophon has launched its mainnet, introducing the first-ever Validium on ZKsync powered by Avail DA. With over $500M in Whole Worth Locked (TVL) by way of the Sophon farming program, and a rising ecosystem of established companions, Sophon is paving the best way for scalable, consumer-focused blockchain purposes. The launch comes with vital neighborhood assist: over 120,000 node licenses bought by greater than 5,800 distinctive members at the moment are open for claiming. The SOPH token deploys right this moment in a non-transferable state, with all transactions free for customers throughout this preliminary section.…
SAN FRANCISCO, United States, December 18th, 2024, Chainwire Pepeto: The God of Frogs with Utility and a Imaginative and prescient Not like different memecoins’ trading-centric method, Pepeto gives a complete utility-driven ecosystem. Pepeto, generally known as the God of Frogs, goals to undertake all future memecoins and elevate the sector by means of its zero-fee cross-chain alternate and bridge know-how. Pepeto’s Ecosystem Highlights: Zero-Price Change: A list platform for rising and established memecoins, making certain cost-free buying and selling for token homeowners and traders. Cross-Chain Bridge: Seamless token swaps between blockchains, bettering liquidity, accessibility, and collaboration throughout the whole crypto market. Staking Rewards: Traders can earn further rewards by staking…
George City, Cayman Islands, December thirteenth, 2024, Chainwire Sonic Labs at present introduced the launch of the Sonic mainnet, an EVM-compatible layer-1 blockchain platform that provides builders enticing incentives and highly effective infrastructure. With 10,000 transactions per second (TPS), sub-second finality, and a local, decentralized gateway to Ethereum, Sonic empowers builders to construct the following technology of functions on unparalleled infrastructure and liquidity. Developed by the identical crew behind Fantom, Sonic and its S token ship a big leap ahead from each Fantom and FTM. By a one-to-one improve course of from FTM to S, current FTM holders can seamlessly…