Cytonic Secures $8.3 Mn Seed Funding to Solve Blockchain Compatibility

Cytonic, the world’s first multi-virtual-machine blockchain, announced it has raised $8.3 million in a seed funding round co-led by Lattice and Lemniscap, with participation from IOBC, Nomura, Lyrik, Public Works, Arthur Hayes and other notable investors. Developed by MultiVM Labs, Cytonic is a decentralized execution layer that tackles one of the blockchain industry’s most pressing challenges: compatibility. As fragmentation across multiple chains continues to grow, developers and users face increasing barriers that limit the full potential of blockchain...

Aave’s GHO Stablecoin Now Live on Arbitrum Powered by Chainlink CCIP

Following community discussions and voting, the Aave DAO has launched GHO on the Arbitrum network – the DAO’s first new market in its phased GHO cross-chain expansion strategy. GHO, the multi-collateralized stablecoin native to the Aave Protocol, will utilize the industry standard Chainlink Cross-Chain Interoperability Protocol (CCIP) and rollout progressively, beginning with Arbitrum as the first network and expanding over time to other networks. The expanded availability of GHO beyond Ethereum mainnet aims to increase accessibility, lower transaction costs, enhance the user experience, and...

Fuel and Immunefi Launch $1.3M Attackathon, Web3’s Largest Security Audit

Fuel, the operating system purpose-built for Ethereum rollups, today announced its strategic partnership with Immunefi, the leading crowdsourced security platform for web3 protecting over $60 billion in assets. The alliance will launch the largest-ever Attackathon, featuring a rewards pool totaling $1.3 million. This comprises a $1 million prize for the Attackathon and a dedicated $300,000 program for the top 4 ecosystem decentralized applications (dApps). Attackathon is a curated crowdsourced security audit conducted by elite security researchers...

BingX lists Wormhole Protocol’s Token to Expand Spot Offerings

The leading global cryptocurrency exchange BingX has announced it will list Wormhole token (W), the governance token of Wormhole Protocol, on its spot trading platform. Wormhole Protocol is a decentralized, cross-chain protocol designed to facilitate the seamless transfer of assets across different blockchains. Currently bridging over 30 different blockchains and hosting over 200 applications, Wormhole has become a vital infrastructure for thousands of developers engaged in cross-chain operations. Notably, it has processed over a billion multi-chain messages for platforms like...

WSPN and MathWallet jointly launch StableWallet

WSPN, a global digital payments leader providing transparent, fast, and efficient solutions leveraging distributed ledger technology, has partnered with leading Web3 wallet provider MathWallet to launch StableWallet – a groundbreaking new account abstraction (AA) wallet that represents a major advancement in the Web3 space. StableWallet provides enhanced security, convenience, and flexibility for managing digital assets across multiple blockchains. “Through our partnership with MathWallet, we are proud to introduce StableWallet, leveraging pioneering AA technology to transform...

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...

Quantstamp launches Novel Economic Exploit Analysis Service

Quantstamp, a global leader in blockchain security, is pleased to announce the launch of its novel service called Economic Exploit Analysis. This exclusive, first-of-its-kind offering allows Quantstamp to uncover flash loan attack vectors in smart contracts through automated tooling before protocols get hacked. The Economic Exploit Analysis service is powered by research from the University of Toronto that Quantstamp advanced and turned into a production-level tool. In the first half of 2023 alone, an estimated $207M was stolen through flash...

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...

BingX extends partnership with CertiK

BingX, a leading global cryptocurrency exchange, is pleased to announce the renewal of its partnership with CertiK, a renowned blockchain security firm. The partnership aims to enhance the security and trustworthiness of the BingX platform, providing users with a safer and more reliable trading environment. As part of the renewed contract, CertiK will continue to provide BingX with the Security Score API, enabling the platform to access security scores generated by CertiK. This data will be displayed on...

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