RECUR to Expand to Avalanche Blockchain

RECUR is expanding to the Avalanche Blockchain, enabling RECUR users to move its NFTs to Avalanche, and use them across wallets, marketplaces, and other applications built using the Avalanche blockchain. By integrating with Avalanche, RECUR is ushering in a new era for interoperability for intellectual property from the world’s most iconic brands to seamlessly flow across Web 3.0 communities. Additionally, EIP 2981, the NFT Royalty Standard co-authored by RECUR, is expanding into the Avalanche ecosystem...

Crypto Startup KaJ Labs Raises $400M Seed Round

KaJ Labs made headlines with the announcement of its blockchain platform Lithosphere and its unique interoperability capabilities. The foundation just announced that Lithosphere has sold $400 million LITHO tokens to Global Emerging Markets (GEM) digital, Four capital and individual investors. GEM is a $5 billion alternative investment group based in the Bahamas. This deal marks as the second largest startup seed round raised in 2022 so far. ber of individuals with the opportunity to add the cryptocurrency to their portfolios. Lithosphere’s Jot Art Metaverse recently launched a...

The Injective Ecosystem Passes Proposal to Support Terra Developers

Injective, a blockchain optimized for building decentralized finance (DeFi) applications, has passed a major proposal to launch developer-focused incentives in light of the recent Terra downfall. Injective is the first fully decentralized blockchain optimized for building dApps focused on exchanges, derivatives, prediction markets, and options. Injective uniquely brings Ethereum compatibility to the Cosmos IBC universe, allowing Terra developers to quickly create applications with familiar tooling, but with much farther reach for users. The proposal was created on...

Wormhole Launches New Algorand Portal

Wormhole (https://wormholenetwork.com/), the generic cross-chain messaging protocol, announced today it has launched support for Algorand, a pure Proof-of-Stake (PPoS) blockchain with an extremely robust decentralized finance (DeFi) ecosystem. Now, developers can leverage the Wormhole SDK to build decentralized applications (dApps) and protocols that can move value seamlessly across nine major blockchain networks without fees. The Wormhole protocol underpins the cross-chain Portal Bridge (https://portalbridge.com) for Layer 1 and Layer 2 blockchains including Algorand, Avalanche, Binance Smart Chain, Ethereum,...

Chainlink Labs Welcomes New Chief Product Officer

 Chainlink Labs, the organization developing the global decentralized oracle standard powering mainstream blockchain adoption, today announced that Kemal El Moujahid, former director of product management for TensorFlow at Google, has joined as chief product officer. “Kemal has a track record of world changing success, he was most recently responsible for building TensorFlow into the world’s leading machine learning platform and ecosystem,” said Sergey Nazarov, co-founder of Chainlink. “His work there helped to define the machine learning industry and enable millions...

Texas Bitcoin Miners Turn Off to Conserve Power for the Grid

The Texas Blockchain Council, a trade association representing the bitcoin mining industry in Texas, announced today that the bitcoin miners responded to the conservation notice that was issued by ERCOT yesterday. Some facilities shut down while many will ramp down in the afternoons this weekend when power is in high demand but then turn back on overnight when demand subsides. “In addition to bringing jobs and tax revenue to rural areas of Texas, many of which are...

Mission 6 launches officially on National Technology Day

Mission 6 held its official company launch on National Technology Day along with the Austin Chamber of Commerce and the Austin Technology Council. Attendees included members from CBRE, Dell, University of Texas, Guaranty Bank, The Austin Chamber, Austin Technology Council, and DivInc, among other business leaders, sustainability professionals, investors and crypto experts. The Launch Party had a typical “Austin” flare being held at the local Still Austin Whiskey Co. featuring their unique cocktail menu and fusion Korean BBQ by local...

DigitalBits Blockchain Now Live on Fireblocks

The DigitalBits blockchain will now be accessible to over 1,200 crypto and digital asset businesses on the Fireblocks Network DigitalBits Foundation, a leading contributor for DigitalBits, protocol layer blockchain prioritizes security, speed, and cost-savings and focused on supporting consumer digital assets, and Fireblocks, the leading enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets, announced today the completion of the direct integration of the DigitalBits blockchain with Fireblocks. This integration will provide...

Binance brings Jarek Jakubcek, Head of Intelligence & Investigations

Binance, the world’s leading crypto and blockchain infrastructure provider, has strengthened its team with the recruitment of Jarek Jakubcek as the Head of Intelligence and Investigations for Asia-Pacific. Jarek is a leading global expert in cybercrime and former cryptocurrency specialist in Europol Cybercrime Centre’s (EC3) Dark Web team. At Binance, Jarek will lead efforts to coordinate the takedown of malicious actors in the crypto ecosystem in conjunction with law enforcement agencies in the APAC region. During...

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