You can’t have a global economy without cross-border payments. And as the world gets more connected, the onus is increasingly falling on cross-border payments, which have traditionally been friction-filled and complex, to step up their game and perform better. “Traditional cross-border payments still have a lot of issues with transparency and cost. To get the […]
Blockchain News
Securitize Selects Wormhole as Official Blockchain Interoperability Provider
Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain transfers for all tokenized assets on its platform. The partnership aims to enhance liquidity and accessibility for tokenized assets while bridging traditional and decentralized finance systems. Securitize Enhances Tokenized Asset Liquidity Through Wormhole Integration According to the announcement […]
Antitoxic-MEV mechanism to tackle blockchain’s ‘invisible taxes’
By creating an antitoxic-MEV mechanism with an innovative dBFT consensus model and enveloped transactions, Neo X makes it possible to develop fair and interoperable DApps across blockchains. The blockchain industry is grappling with the significant challenge of maximal extractable value (MEV) — an issue that silently drains money from users’ pockets, acting like an “invisible tax.” The […]
PayPal Increases Investment in Blockchain Risk Management Firm Chaos Labs
PayPal Ventures has announced an additional investment in Chaos Labs, a company providing blockchain risk management. A Friday (Sept. 20) press release announcing the move did not report the amount of the investment. “Our continued investment in Chaos Labs reflects our belief in their vision to create a safer crypto ecosystem and move more financial […]
Securitize Selects Wormhole as Official Blockchain Interoperability Provider
Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain transfers for all tokenized assets on its platform. The partnership aims to enhance liquidity and accessibility for tokenized assets while bridging traditional and decentralized finance systems. Securitize Enhances Tokenized Asset Liquidity Through Wormhole Integration According to the announcement […]
PayPal Increases Investment in Blockchain Risk Management Firm Chaos Labs
PayPal Ventures has announced an additional investment in Chaos Labs, a company providing blockchain risk management. A Friday (Sept. 20) press release announcing the move did not report the amount of the investment. “Our continued investment in Chaos Labs reflects our belief in their vision to create a safer crypto ecosystem and move more financial […]
Drift raises $25M to expand decentralized exchange on the Solana blockchain
Drift Labs, the developer of a decentralized finance platform built on the Solana blockchain, announced Thursday it has raised $25 million in new funding to expand its services. The Series B round was led by Multicoin Capital and attracted investments from Blockchain Capital, Folius Ventures, Maelstrom and Primitive. The company said it intends to use […]
Circle expands USDC stablecoin access to Sony’s blockchain, Brazil, Mexico
As stablecoins march towards greater mainstream adoption, USDC issuer Circle made two announcements this week on that front. Through a partnership with Sony Block Solutions Lab, a bridged version of USDC will be available on Sony’s new blockchain, Soneium. The Japanese giant has global mainstream ambitions for its blockchain. Additionally, people in Brazil and Mexico can now buy USDC […]
Drift raises $25M to expand decentralized exchange on the Solana blockchain
Drift Labs, the developer of a decentralized finance platform built on the Solana blockchain, announced Thursday it has raised $25 million in new funding to expand its services. The Series B round was led by Multicoin Capital and attracted investments from Blockchain Capital, Folius Ventures, Maelstrom and Primitive. The company said it intends to use […]
Blockchain Meets Beauty: vanitis Launches $VATO Token with Ethical Twist
In a groundbreaking step poised to redefine the beauty industry, vanitis has revealed the introduction of its $VATO token, marking a fusion of blockchain technology with eco-friendly, vegan cosmetic products. The project not only champions ethical beauty but also opens fresh investment opportunities to the public. Through innovative platforms such as vaniVERSE and STAKEtis, vanitis […]