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Blockchain News

Particle Network introduces modular L1 blockchain for a multi-chain ecosystem

Particle Network’s modular L1 blockchain is a universal settlement layer for a multi-chain ecosystem. It features Chain abstraction and Universal Accounts. Particle Network has introduced its modular Layer-1 blockchain, an upgrade powered by chain abstraction and universal accounts to make user experience across blockchains easier. Particle Network’s L1 is a Cosmos-SDK-based blockchain that will act […]

Klaytn, Finschia eye Web3 dominance in Asia with M&A proposal

Klaytn (KLAY) and Finschia (FNSA) are looking to merge to create a new chain as they look to dominate Asia’s Web3 market. The integrated blockchain will be compatible with Ethereum EVM and Cosmos (CosmWasm). Klaytn, the dominant blockchain for Web3 in South Korea and with significant traction in Singapore and Vietnam, has its eyes fixed […]

a16z targets $3.4B for next early-stage funds: report

Andreessen Horowitz (a16z) is planning to raise $3.4 billion for its next early and seed-stage fund. The fundraising is reportedly set to start by the end of year. Andreessen Horowitz (a16z), a crypto-friendly venture capital firm based in Silicon Valley, is targeting approximately $3.4 billion for the next early-stage and seed-stage funds, according to Axios. […]

Lido node operator InfStones rotates keys to address vulnerability

InfStones, a Lido node operator, will rotate its validator keys followng a vulnerability disclosure by blockchain security firm dWallet Labs. The vulnerability was acknowledged by Lido, which said its security team was working with the node operator to assess the scope and potential impact. InfStones, a blockchain infrastructure provider and one of the key node […]

RocketX announces beta launch of its API for multichain crypto swaps

RocketX is a CEX and DEX aggregator that allows for cross-chain trading of hundreds of crypto assets This is enabled through the platform’s application programming interface (API), now available in beta. Integration will allow users to transfer crypto tokens to any dApp, benefitting DeFi, NFT marketplaces and gaming among other ecosystems. RocketX, a cross-chain centralised […]

Flare and Kinetic join forces to revolutionize DeFi lending and borrowing

Flare partners with Kinetic, revolutionizing DeFi lending/borrowing on blockchain. Users benefit from liquidity incentives; Kinetic offers over-collateralized borrowing. Rome Blockchain Labs facilitates Kinetic launch, leveraging Flare’s oracles for accurate prices. Blockchain for data, Flare, and lending platform Kinetic, backed by Rome Blockchain Labs, have announced a strategic partnership set to revolutionize decentralized finance (DeFi). This […]

UK funds get green light for tokenisation development

UK authorised funds can now develop and implement tokenisation models. The green light comes after the Technology Working Group of the Government’s Asset Management Taskforce published its report on UK fund tokenisation. The HM Treasury and the Financial Conduct Authority (FCA) collaborated on the initiative. UK investment funds have the approval to develop tokenisation, with […]

Tether invests in Georgia education platform Academy of Digital Industries

Tether has announced it invested in the Series A round of the Academy of Digital Industries, an educational platform in Georgia. The ongoing financial investment will help support the “real world” education about blockchain, bitcoin, stablecoins and P2P technologies, Tether CEO Paolo Ardoino said. Tether Operations Limited, the company behind the USDT stablecoin, has made […]

SocialFi platform RepubliK integrates Fireblocks for Web3 security

RepubliK is a SocialFi platform for the creator economy in Web3, powered by native token RPK. The platform has integrated with Fireblocks, an institutional-graded blockchain infrastructure provider. RepubliK will tap into Fireblocks’ technology to bolster its security. SocialFi platform RepubliK is now integrated with Fireblocks, a digital asset management platform whose infrastructure has been used […]