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Blockchain News

Wellington partners Ondo Finance for tokenized US Treasury fund

Wellington Management, an asset manager with over $1 trillion in assets, has announced a partnership with Ondo Finance in a collaboration that aims to power intraday redemptions for a newly unveiled tokenized US Treasury fund. Ondo is a decentralized finance protocol that’s seeing rapid growth in the tokenized assets market. Ondo and Wellington team up […]

Layer 1 payments network CrossFi launches EVM-compatible mainnet

CrossFi launched an EVM-compatible mainnet for scalable web3 payments. The network supports 10,000 TPS and bridges Ethereum assets seamlessly. Governance uses MPX tokens, with fees averaging $0.02 per transaction. Cross Finance, commonly known as CrossFi, has announced the launch of its EVM-compatible mainnet, marking a significant step in the evolution of decentralized finance (DeFi) and […]

ZKsync developer Matter Labs lays off 16% of its workforce

Matter Labs has laid off 24 employees, over 16% of its workforce, amid market changes. The company is shifting focus from general-purpose scaling to niche applications. Despite layoffs, Matter Labs continues hiring for critical engineering and business roles. Matter Labs, the company behind the Ethereum scaling network ZKsync, has announced the layoff of over 16% […]

Sony launches Soneium blockchain to drive mainstream web3 adoption

Sony launches Soneium blockchain to drive mainstream web3 adoption. Soneium focuses on scalability, built on Optimism’s Superchain. Soneium rollout will be in a three-phase plan: onboarding developers, integrating Sony products, and expanding to enterprises. Sony has officially entered the blockchain arena with the launch of its own network, Soneium, developed in collaboration with Singapore-based Startale […]

Coinbase, Google veterans secure $5M to build ‘blockchain’s LinkedIn’

Icebreaker, an open professional network co-founded by Coinbase and Google veterans, has raised $5 million in a seed round to build the blockchain’s version of LinkedIn. Dan Stone and Jack Dillé, co-founders of Icebreaker, announced they secured the funding in a round led crypto-native investment firm CoinFund. Icebreaker will use the funds to assemble a […]

Trust Wallet partners with TON to boost blockchain adoption

Trust Wallet partners with TON to leverage Telegram’s user base for GameFi and DApps. The integration enables 100 million users to send and receive Toncoin (TON) tokens. Future plans include TON Connect, DApps integration, and TonKeeper wallet imports. In a strategic move to further blockchain adoption, Trust Wallet, a leading self-custody Web3 wallet provider, has […]

MultiversX and Cornell University join forces for blockchain education

MultiversX and Cornell have launched Blockchain Essentials Program for 100 underserved students. The program offers free education, mentorship, and potential funding for blockchain projects. The program is aimed at fostering inclusivity and innovation in blockchain technology. MultiversX, in partnership with Cornell University’s eCornell, has unveiled an innovative Blockchain Essentials Program aimed at supporting 100 economically […]

Ankr readies for Neura launch; Kangamoon presale hits $2.87M and selling out fast

Ankr prepares for Neura launch merging AI, Cloud, and Web3 for industry disruption. Kangamoon presale surpasses $2.87M The Kangamoon presale is in its fourth stage with $KANG tokens going for $0.014 per token. In the fast-evolving landscape of blockchain technology, two projects — Ankr and Kangamoon — are making significant strides towards innovation and growth.  […]