Ordzaar Partners with Bali Blockchain for Art Preservation

Ordzaar, a permissionless zero-fee Bitcoin Ordinals platform, has signed a memorandum of understanding (MOU) with Bali Blockchain Center (BBC), an organization that was established in 2021 by the Denpasar City Government, BKRAF Denpasar, and BALIOLA. BBC’s main objective is to develop a safe and secure ecosystem for blockchain and web3 in Indonesia. Through this partnership, the artworks of local Balinese artists will be uploaded onto Ordzaar, where they will be minted into Bitcoin Ordinals. Once...

Lightscale launched Kroma mainnet, Ethereum Layer 2

Wemade subsidiary Lightscale successfully launched Kroma mainnet, its Ethereum Layer 2. As a part of WEMIX mega ecosystem strategy, Kroma will function as a channel that can bring users, holders, and assets on Ethereum to WEMIX ecosystem. As more services onboard Layer 1, its transaction speed is slowed down, scalability reaches its limit, and gas fees run higher. The most widely used Layer 1 Ethereum is suffering from this problem which is known as the...

Gate Web3 Wallet adds Support for Base, Sui, Sei, BRC-20, & More

Gate Web3 Wallet, the non-custodial multi-chain wallet developed by the Gate.io exchange, has released significant updates to its mobile app and browser extension versions. The updates include performance and feature improvements, such as newly integrated and supported chains, expanded configuration options, chain auto-detection, user experience enhancements, backend upgrades, and more. Chrome extension update (V1.0.9) Support for SUI and SEI Chains: Full support for SUI and SEI. Users can create, import, receive, and send SUI and SEI native...

Automata collaborates with AltLayer to Build Automata 2.0

AltLayer, a decentralized interlayer for rollups, has announced a strategic partnership with Automata Network to build Automata 2.0, the first modular attestation layer 2 for the Ethereum ecosystem. The project enables on-chain verification of heavy-weight computation through proof-of-machinehood and will use AltLayer’s rollups to achieve scalability. Automata Network enables restaking for verifiers via AltLayer’s integration with EigenLayer. Automata 2.0 represents a huge leap forward in the evolution of modular architecture. It leverages silicon-based attestations, enabling hardware capabilities like secure...

Cake Group rounds out C-Suite with appointment of new CMO; internal promotions to CPO and CHRO

Cake Group, one of the fastest growing digital assets innovators, has announced that it has completed its executive leadership team with the appointment of a new Chief Marketing Officer (CMO) and the internal promotions of two individuals to Chief Product Officer (CPO) and Chief Human Resources Officer (CHRO). Industry veteran Samuel Christian has moved into the position of CMO at Cake. Christian will be responsible for ensuring that Cake’s products and services become the first...

Valour Inc. unveils Ethereum Physical Staking ETP

DeFi Technologies’ subsidiary, Valour Inc., introduces its innovative Ethereum Physical Staking ETP under the EU-wide issuance platform, Valour Digital Securities Limited (VDSL) on XETRA. Tax benefit for investors based in Germany after holding period of one year possible for the first time in ETH. The groundbreaking ETP, with a 1.49% management fee, provides investors with a simplified gateway to Ethereum staking while benefiting from robust security enhancements. Partnership with industry leaders like Copper Markets (Switzerland) AG and Blockdaemon ensures paramount security and a...

ChainUp awarded three recognised security accreditations

ChainUp, a leading global blockchain solutions provider, has been awarded three internationally recognized security accreditations – ISO/IEC 27001, 27017, and 27018 certifications. Following their announcement of the SOC 2 Type 1 achievement last week, attaining these highly-acclaimed certifications underscores ChainUp’s dedication to maintaining stringent global security standards. As regulations tighten, the demand for secure and compliant infrastructure continues to grow in the blockchain and Web3 industry. With an unwavering pursuit of excellence, ChainUp has meticulously designed...

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