Asia crypto margin trading app MoonXBT integrates XanPool’s fiat gateway

MoonXBT, a crypto margin trading platform offering up to 150x leverage, announced it has integrated XanPool, a fiat-gateway solution for crypto companies.

By allowing users to buy crypto directly on MoonXBT with fiat, it lowers the entryway for MoonXBT to serve new traders and old users who want to trade more. Users in Asia can now buy and sell crypto using fiat including SGD, MYR, HKD, VND, INR, PHP, THB, KRW, AUD, and NZD.

XanPool ⇄ MoonXBT

Providing its service to users in the Asia-Pacific region, the integration delivers:

• Addition of over 10 fiat currencies.
• Ability to buy and sell crypto via local payment methods directly.
• Seamless entry for users without existing ownership of cryptocurrencies.
• Opens up the access to MoonXBT’s comprehensive suite of 31 cryptocurrencies
• Generates more liquidity for the digital asset ecosystem in the region.

“Integrating with XanPool has met the imperative demand of MoonXBT to provide users fiat-to-crypto services as more users are coming in.”
– George Lee, COO of MoonXBT

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Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision

Nansen, a  blockchain data analytics platform, announced today that it will be participating in an ongoing seed round for leading DeFi data platform APY.vision.

To coincide with its seed investment, Nansen will also be integrating APY.vision, the first time Nansen has incorporated outside data into its platform.

APY.vision is an analytics platform that provides clarity for liquidity providers contributing capital on Automated Market Making (AMM) protocols.

It currently has over 70,000 liquidity providers helping DeFi market makers track over $10 billion in TVL across 10 different blockchains. With APY.vision, DeFi investors are able to make confident investment decisions by tracking their entire DeFi transaction portfolio history across all chains.

This announcement marks one of the first third-party data integrations for Nansen which to date has primarily relied on in-house blockchain data.

Integration

The initial integration will display APY data for select entries on the Nansen Hot Contracts home screen. This will enable users to judge not just the popularity of emerging contracts among Smart Money, but also to evaluate the state of liquidity mining rewards.

Firstly, this functionality will be made available for Ethereum but in the future will scale to other chains – including Polygon, Fantom, Arbitrum, and Avalanche.

“We’re excited to have successfully integrated APY.vision and added it to our growing list of Web3 investments as we believe that this will allow us to usher in a new stage of growth for both the platform and the ecosystem as a whole. We have long-term goals of making Nansen a one-stop-shop for on-chain data.”
– John Calabrese, Head of Product at Nansen

In the coming months, Nansen will also announce additional integrations including options for customers to “sort by yield” within Token God Mod and a dedicated “DeFi Paradise” section to help users surface the best yields across the entire blockchain universe.

Finally, new data including the ability to track deposits and earnings will allow for enhanced wallet profiling and complete portfolio tracking.

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Hedera launchpad platform HederaStarter to hold IDO May 19 to establish HSTART token

The team of Hedera network launched platform HederaStarter has now announced the date of May 19th, 2022 for its native HSTART token generation event (TGE) on the HederaStarter IDO platform, establishing the capabilities of HederaStarter’s launchpad services.

HederaStarter’s primary utility token HSTART will be the first-ever token to launch through an IDO on the HederaStarter platform, the HPAD – and the first IDO designed specifically to expand the DeFi, GameFi, metaverse, and dApp capabilities of the growing Hedera Hashgraph ecosystem.

HSTART is a multi-use crypto-token enabling a variety of benefits within the HederaStarter ecosystem. This ecosystem includes the HPAD –  HederaStarter’s launchpad component, plus the HDAO – where members participate in incubation, pre-money funding rounds, and more. 

For the community to participate in the IDO and purchase HSTART, they will need to complete all KYC and then visit HederaStarter.fi on the day of the IDO with a Binance wallet ready to invest into one of the major dApps formed to help expand the Hedera Hashgraph network.

Of the total HSTART supply, 1.50% will be allocated to the public IDO.

“HederaStarter has a multi-year vision to guide Hedera into the spot of the best smart contract platform. The launch of our HSTART token is just the beginning of this journey and we couldn’t be more excited to share it with our community!”
– Conor Devlin, HederaStarter Co-Founder & Head of Business Development

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Crypto trading network Apifiny launches new smart order routing feature across 25+ exchanges

Apifiny, a cross-exchange crypto-asset trading network, today announced the launch of its new Smart Order Routing (SOR), an advanced feature that allows institutional traders to automate and route orders across Apifiny’s 25+ connected exchanges for best price execution.

The SOR feature addresses critical crypto market fragmentation by enhancing the capabilities of multi-exchange trading through a single API and account.

Institutional traders are accustomed to using smart routing systems, and SOR is designed to automate and break down large orders and seeks to identify the best prices throughout networked exchanges to minimize any slippage in price.

Apifiny’s goal is to drive institutional adoption with technologies and tools that address problems within the crypto industry, specifically market fragmentation. In the past year, it has been reported that the crypto markets are so fragmented that even if the five largest exchanges were to merge, the new entity would still only command around 40% of the overall trading volume.

“In order to address liquidity fragmentation, smart order routing was the logical next step in the evolution of Apifiny’s platform. SOR has proven to be a key tool in stock trading and allows for hedging against fragmentation by analyzing the market and executing orders towards a unified price. While there are still several major platform advancements to come this year, SOR is a huge step forward for institutional traders and we are excited to offer it through Apifiny.”
– Haohan Xu, CEO of Apifiny

Connecting with over 25 of the top crypto exchanges by trading volume, the Apifiny network increases stability and reduces disruption in the marketplace by providing immediate access to the optimal market-clearing prices and liquidity for trading cryptocurrencies.

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selling everything.

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Solana (SOL) accounts now available on margin trading platform Evolve Markets

Evolve Markets, a crypto-denominated margin trading platform, announced today that Solana (SOL) accounts and deposits are now available on its web trading app and MetaTrader 5.

SOL accounts enable a new, super-fast deposit option for traders. Starting today, traders can deposit in SOL, and trade with SOL denominated trading accounts on any of the crypto, FX, stock, commodity, and index markets supported by Evolve or convert SOL to any of the other cryptos supported.

Solana (SOL) is the sixth-largest cryptocurrency by market cap at the moment and is forthwith available on Evolve Markets alongside BTC, ETH, LTC, and USDT-based accounts.

Evolve offers leverage up to 100x for crypto and stocks, up to 1000x for FX, and up to 500x on commodities and indices.

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Crypto exchange Solidbit upgrades its partner platform

Solidbit, a Seychelles-based crypto exchange, announced it has upgraded its IB partnership program area. The platform now includes more powerful features, improved design, and an enhanced user interface.

“Solidbit’s IB program is the result of the hard work of experienced developers. The updated section offers more features than the previous version and makes it easier for brokerage houses to manage their accounts and finances.”
– The Solidbit Team

Features of the new IB Portal

New Dashboard

The dashboard now features comprehensive metrics in one place, updated in real-time. With this, it is now easier to track acquisitions and trading activity and identify key traffic sources.

Banners and QR Codes

New functions in the promo section include a banner area and the ability to generate QR codes.

The banner area allows partners to choose from different banners, and the QR code feature allows users to scan a code instead of sending a link.

New Reports

Developers behind Solidbit have revamped the reports area to provide more detailed information while also making it easier to navigate.

Users can view summary information, view data for specific periods, and download reports.

These reports offer a fuller view of data and trends, allowing partners to make more informed decisions.

Benefits of the Solidbit partner program include:

• Multiple earning opportunities and generous commissions
• Dynamic and transparent IB model
• No limits on commissions
• Personalized reward scheme
• Exclusive bonus offers
• User-friendly experience
• Deep liquidity and safe trades for users

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Algorand-built social dApp 2i2i to ensure decentralization with Algoracle

Algorand’s first peer-to-peer social dApp 2i2i announced it will integrate with Algoracle, Algorand’s first decentralized oracle network to help ensure a decentralized communications platform for users.

2i2i is a social dApp that allows users to earn coins by meeting with other users. 2i2i is built on the Algorand blockchain. Algoracle will provide computation abilities for Algorand’s first peer-to-peer social dApp. Algroacle will assist 2i2i with a node network with the goal of decentralizing the network.

“We love how many ways a decentralized oracle network can be used in the Algorand ecosystem. 2i2i is a perfect example of a creative use for computation abilities for the oracle layer. Imagine an incentivized social dApp that has all the benefits of a worldwide decentralized network!”
– Algoracle CEO, Abdul Osman

As a peer-to-peer social dApp built on the Algorand blockchain, 2i2i lets its users connect by allowing them to be a Host or a Guest.

Hosts have the ability to create and manage a “room” while Guests will be able to watch the host or pay a small fee to meet with the Host face to face.

“We want 2i2i to be totally decentralized. Community governed and owned, providing an income stream to anyone with internet access. Algoracle will hopefully provide the final piece of tech to allow full trustlessness.”
– 1m1, CEO & Co-Founder of 2i2i

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Crypto exchange CEX.IO adds PayPal as account funding option

CEX.IO, a popular crypto exchange company, announced today it will now be offering users the option to link existing PayPal accounts to their CEX.IO Wallet.

Forthwith, CEX.IO users with existing PayPal accounts have the ability to add funds to their CEX.IO wallet, enabling the purchase of cryptocurrencies.

Established in 2013, CEX.IO is an ecosystem that includes a regulated, multi-functional cryptocurrency exchange, staking platform, and more.

“PayPal integrates seamlessly into the CEX.IO ecosystem and adds an additional secure and simple payment method for web and mobile transactions that creates added peace of mind for our customers.”
– Arina Kulackovska, Head of Corporate Payment Solutions at CEX.IO

PayPal funding limits and fees on CEX.IO can be found below:

Limits and Commissions for PayPal on CEX.IO

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L2 crypto exchange platform Coinweb expands to Canada with acquisition of OnRamp

Coinweb, a layer-2 (L2) cross-computation platform, today announced that it has acquired FINTRAC-registered OnRamp Technologies, a payment company with Money Services Business consents (MSB) providing users access to fiat rails for projects being built on top of the Coinweb platform within Canada.

This license allows Coinweb to provide its services to customers in Canada for the first time, enabling the platform’s launch into North America shortly following its granting of a European digital asset license.

Canada’s MSB permissions permit Coinweb to offer virtual currency exchange and transfer services, paving the way for a fiat rails-integrated wallet with cross-chain tokenization functionality.

“The requirements to obtain digital assets licenses are subject to constant reviews and tightening of regulations across most jurisdictions. The race for delivering regulatory framework is on with many countries looking to position themselves as being ‘crypto-friendly,’ and Coinweb’s stance is to pursue the second bounce of the ball and stay ahead of the curve. Acquiring Canada’s MSB marks the beginning of our entry into North America to better service our partners and customer base.”
– Coinweb CEO Toby Gilbert

The Coinweb team plans to continue to work towards the acquisition of licenses around the world as new regulatory frameworks begin to be implemented. As Coinweb’s capabilities expand, these licenses will help to provide liquidity and enable the smooth on and off-ramping of fiat with crypto assets.

Coinweb provides an expanded solution space and reduces platform risk for dApps by combining unifying interoperability with high-capacity computation.

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Multichain introduces V4 of anyCall to improve its cross-chain service network

Multichain, a cross-chain router platform, today launched V4 of anyCall, an interoperability protocol that enables cross-chain messages and call contracts from chain A to chain B in one transaction.

anyCall can transmit arbitrary data, like smart contracts, NFTs, messages, tokens, data, etc.

The anyCall contract includes the following contracts & functions:

1. anyCall function – Residing on the source chain, the anyCall function calls the anyCall contract and stores the instructions to be executed on the destination chain.

2. Multichain MPC nodes – The anyCall contract resides in a common MPC address on all blockchains. The contract detects the invocation of the anyCall function and performs security and validity checks before relaying the message to the destination chain.

3. anyExec function – Resides on the destination chain. The anyExec function receives the instructions sent from the source chain through the anyCall contract and executes them in the destination chain.

Other features include:

Universal cross-chain communication

With the anyCall function, a contract on the destination chain can be called directly from the source chain. The generalization of the anyCall function enables it to share information like commands, states, data, or even messages across chains, making it optimal for cross-chain communication.

Secured by the MPC network

Whenever the anyCall contract is called in the source chain, MPC nodes verify the transfer of information across any chain via the anyCall contract. MPC is regarded as one of the most decentralized and secure systems to relay information across blockchains.

Easy to deploy

As it is just a contract, anyCall can easily be implemented on any blockchain.

Implementation methods are well described in Multichain’s documentation and the Multichain team provides friendly and reachable support for coders implementing them.

Backed up by the multi-chain ecosystem

The MPC network in the multichain ecosystem is efficiently decentralized and secure, now connecting with more than 40 blockchains, with more on the way.

Cross-chain use cases for anyCall

anyCall aims to change how developers think about and build dApps, unlocking the full potential in cross-chain DEX, cross-chain lending protocols, cross-chain DAO voting, cross-chain arbitrage bots, cross-chain oracles, data sharing, cross-chain NFT migration, and more.

To find more information about anyCall see the official documents page.

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* This article was originally published here

Blockchain education protocol Proof of Learn unveils multichain ‘learn-to-earn’ game

Proof of Learn, a blockchain-based education platform, has unveiled its first project called Metacrafters, a multichain learn-to-earn game that teaches users to write smart contracts and build on-chain.

The mission of Proof of Learn is to build a platform that makes high-tech education accessible to people all over the world – and to give employers transparent access to students’ skill sets.

On Proof of Learn, students put their learned vocational skills into practice as they progress. Moreover, it incentivizes learning by offering students cryptocurrency and NFTs upon mastering new skills.

Proof of Learn aims to increase massive open online course completion rates, which studies show hover between 5-15%, by not only incentivizing completion with learn-to-earn economic rewards but also by providing a strong network community for the students.

metacrafters.io

Proof of Learn is led by co-founders Sheila Lirio Marcelo, Kevin Yang, and Lauren Tornow.

Marcelo founded and was former CEO and Chairwoman of Care.com — an online marketplace for care, serving more than 35 million people across 20 countries and growing more than 100% year-over-year from its founding in 2006 until the company went public in 2014, and then sold to IAC in 2020.

Yang is a tech entrepreneur, blockchain developer, and Stanford Computer Science graduate, specializing in crypto and mobile apps, who helped build and scale the Philippines’ leading food delivery app.

Tornow also hails from Care.com, where she led marketing and international expansion; she also led marketing at Brainly, an online learning community.

Proof of Learn is looking to target students who live in emergent economies in Southeast Asia, Africa, and Latin America – regions with potential and the need for access to Web3 education and job opportunities.

On the employer side, Proof of Learn will give companies the ability to access real-time information about students’ credentials, with the goal of transparency and overall meritocracy, improving the efficiency of employment matching across the globe.

The Proof of Learn team shared the Metacrafters teaser trailer at NFTLA which can be viewed below:

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Micropayment app Dropp receives fresh grant from Hedera

The HBAR Foundation, an accelerator organization behind enterprise-grade public network Hedera, announced today it has provided a grant to Dropp.cc, a micropayment app for fiat and cryptocurrency.

Dropp facilitates micropayments in US dollars; Hedera’s native token HBAR, and soon USDC.

Built on the Hedera Hashgraph network, a distributed ledger delivering high-performance, Dropp offers a pay-per-use pricing option to merchants.

Sushil Prabhu, Dropp Founder & CEO

“The grant from The HBAR Foundation allows us to incentivize new customers with a $5 credit toward their first purchase. We want consumers to have a first-hand experience making a digital purchase or making micro-donations or tips. Dropp offers new purchasing options to consumers and an extremely easy-to-use experience to make small-value purchases. We want consumers to try out Dropp. This grant is the catalyst that will help boost the adoption of small value purchases.”
– Sushil Prabhu, CEO & Chairman at Dropp

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Multi-chain supported v1.0 of Hyperledger FireFly is now generally available

Today, the Hyperledger community announced that version 1.0 of Hyperledger FireFly is now available. Hyperledger FireFly 1.0 combines a number of technical and market milestones.

At its core, it offers a composable Web3 stack to help speed up decentralized application (dApp) development by a factor of 10x-100x, making it the first open-source (GitHub) SuperNode for enterprises to build and scale secure Web3 applications.

It is already in production deployments with a number of leading blockchain consortia today, including RiskStream Collaborative in the insurance industry, Synaptic Health Alliance in healthcare, and TradeGo in commodity trade finance.

A Composable Web3 Stack To Support Decentralized Apps

Over the last decade of enterprise blockchain projects, architects and developers have realized that they need much more than a blockchain node for their projects to be successful. Early custom-built blockchain engagements often were multi-million dollar, multi-year projects that struggled to get into production.

As the $3T market for Web3 has materialized around areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), and the metaverse, companies are looking to embrace these disruptive technologies and the potential for new business opportunities. Writing decentralized applications, however, requires a large set of composable Web3 and traditional IT technologies that interact with each other as enterprise building blocks that anyone can use.

The Hyperledger FireFly SuperNode provides this new type of decentralized orchestration layer between companies’ existing systems and Web3. It enables the shift of value in open network systems and reduces the reliance on proprietary tech or custom-built code. It solves the layers of complexity sitting between the low-level blockchain and high-level business processes and user interfaces, letting developers focus on building business logic instead of infrastructure.

By enabling companies to avoid “reinventing the wheel” just to connect to Web3, Hyperledger FireFly increases developer efficiency and fills a void of previously missing functionality to help companies create secure and auditable connections to Web3’s open ecosystems.

The Best of Public and Private Blockchain Technologies

Companies can quickly bootstrap projects on FireFly by tapping into Web3 innovations such as smart contracts and NFTs without having to build everything from scratch, while also satisfying enterprise requirements for simple APIs, reliable delivery, and robust connections. FireFly also helps to ‘future-proof’ these applications by providing a blockchain-neutral platform to build on.

Hyperledger FireFly has built-in integrations and support for popular communities such as Ethereum (Quorum, Hyperledger Besu, Geth, public mainnet), Hyperledger Fabric, and Corda, and for standard digital assets such as ERC20, ERC721, and ERC 1155. The FireFly code base comprises more than 200,000 lines of enterprise-ready code and is extensible and pluggable for token bridges, L2s such as Polygon, and standards-led approaches such as the Baseline protocol.

“…FireFly has come a long way in a short time. We are excited about how quickly we’ve been able to grow the project and the community and how quickly enterprises and consortia are adopting the technology. We would like to invite you to come be part of our community.”
– The Hyperledger Team

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Sweatcoin: SWEAT token to reward physical movement with crypto

Sweatcoin, an app that rewards users’ daily steps with SWEAT tokens which can be spent on products, donated to charity, or converted into another crypto, is ready for launch this week.

Soon, the Sweatcoin community will have the opportunity to have their in-app pre-sweatcoins matched 1:1 with SWEAT tokens at a token generation event (TGE) timed for this summer.

Designed to capture the value of movement, this cryptocurrency will be minted purely by steps.

After the token generation event (TGE) scheduled for this summer, SWEAT will be issued by the Sweat Foundation, a BVI-headquartered entity and Sweatcoin’s partner in launching the Sweat economy.

“We’re turning movement into a valuable, recognizable currency with SWEAT: the token, and for those that are new to the space, it’s a little-to-no-financial-risk option to get on board and gain access to an asset that’s becoming increasingly harder to mint, helping us to achieve the mission of making the world more physically active by unlocking the value of movement.”
– Oleg Fomenko, Co-Founder at Sweatcoin

Sweatcoin has selected eco-friendly NEAR as the blockchain for its token and additionally the NEAR Foundation is investing in the project.

Other institutional backers include Electric Capital, Spartan Capital, Jump Crypto, OKX Blockdream Ventures, and GSR, as well as project leaders like Terra founder Do Kwon, Sandeep Nailwal, Founder of Polygon (MATIC), and Bjorn Wagner, Co-Founder of Parity (Polkadot).

“One of NEAR’s core missions is to help onboard the world to Web3, collaborating with the Sweat Foundation allows us to take a step closer to that mission. The company also aligns with our core values of sustainability. Building SWEAT, the token on NEAR’s carbon-neutral blockchain empowers more people to work towards a more sustainable future.”
– Marieke Flament, NEAR Foundation’s CEO

The Sweatcoin app can be found on Google Play and the App Store.

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* This article was originally published here

IOST sets up $100M fund to push growth of EVM multi-chain ecosystem

The IOST Foundation, the organization behind the IOST blockchain, a gas-efficient proof-of-believability-powered smart contract platform, announced today together with venture capital institutions and ecosystem partners, the launch of a new $100 million USD incentive fund for EVM developers, aiming to incubate projects and propel the growth of IOST’s multi-chain ecosystem.

On March 31, 2022, IOST unveiled Project Entroverse, a roadmap goal to build a growing, interoperable, and interconnected blockchain network.

This newly announced 100 million USD fund under Project Entroverse targets developers around the world, and consists of the “New Ecosystem Fund” and the “Accelerator Fund.”

• New Ecosystem Fund to expand IOST’s on-chain applications, mainnet infrastructure, and tools.
• Accelerator Fund will provide capital, FA, and bonuses to development teams and projects via IOST.

Big Candle Capital (BCC) Seeks to Fuel IOST and More

The leading investor of the fund is Big Candle Capital. The scope of this exclusive fund is not limited to applicants developing dApps on the IOST chain exclusively; all outstanding projects deployed on other EVM-compatible chains with multi-chain development plans are also welcome to apply for support.

Big Candle Capital is a venture capital firm established in 2017 by the IOST Foundation in conjunction with several investment institutions and ecosystem partner nodes. Big Candle Capital has invested in more than 80 projects, including IOST, LINK, BNB, DOT, UNI, and DYDX, which were highly successful and achieved an overall return of 1000%, with a peak operated asset valuation of over $700M.

BCC is focused on projects at various stages of development in sectors including DeFi, NFT, GameFi, Web3, and Metaverse-based dApps. However, all teams and ideas are welcome. Moreover, BCC also provides auxiliary services such as funding, technology, token model, advertising, community building, and connections with exchanges for the invested projects.

Details of Entroverse Fund

New Ecosystem Fund

1. Market Analysis: A successful project applicant will be offered market research and in-depth industry research reports developed by the Big Candle Capital (BCC) team who have more than 5 years of experience in blockchain research.
2. Token Setup: The project team will be assisted by BCC’s professionals who have experience in developing token economic models and assisting in project incubation.
3. Structure Design: Project teams will be provided with targeted successful case studies such as popular dApps for reference.
4. Promotion: Teams will receive media support and promotion through BCC’s network of media connections and high-quality communities.

Accelerator Fund

1. Non-Dilutive Funding: BCC will provide non-dilutive funding for teams building applications on the IOST chain, integrating the IOST mainnet, and with needs to implement IOST tools.
2. FA: BCC will offer FA support for skilled developer teams with no experience in the industry, allowing new projects to get start-up capital quickly.
3. Incentive Bonuses: BCC will arrange irregular bonuses to start-ups and teams based on their user base, activity, and TVL.

BCC’s Investment Philosophy & Services for Developers

Investment Philosophy

• BCC’s exclusive fund is not limited to applicants developing exclusive dApps on the IOST chain. Outstanding projects deployed on other EVM-compatible chains with multi-chain development plans are also welcome to apply for support.
• The main focus of BCC’s investment is on DeFi, NFT, GameFi, Web3, and Metaverse-based dApps. However, all creative teams and ideas are welcome.
• BCC supports angel, seed, strategy, A round, B round, C round, and Pre-IPO investments, and both investments in token and equity simultaneously.
• Investments range from USD $30,000 to USD $5,000,000.
• To achieve the best ROI, BCC examines projects and teams in detail using its strong network and data analysis facilities centered in Asia
• BCC makes diversified investments according to the assets’ life cycle and trends to minimize risks.

Advisory Services & Team

BCC provides auxiliary services such as capital, technology, token model, advertising, community building, and connections with exchanges for the invested projects.

Headquartered in Singapore with offices in Barcelona, Tokyo, Seoul, and Madrid, the Big Candle Capital team consists of more than 40 experienced professional investment professionals with first-class business capabilities and rich resources in the blockchain and traditional financial industries.

Connecting with Big Candle Capital

BCC is now openly inviting all interested developers and teams to join the IOST multi-chain ecosystem.

To apply, the BCC team asks those interested to attach the below info in an email to business@bigcandle.capital.

• Project Description
• Team Introduction
• Financing Status
• Whitepaper

“The cooperation between IOST & BCC, and subsequently the launch of the IOST 100M dollar fund for the EVM developers is a game-changer for the IOST ecosystem. This incentive program offers long-term support for potential developers and projects, adding more killer dApps on the IOST blockchain while strengthening our infuence and the value of IOST for its long-term hodlers.”
– Blake Jeong, IOST CMO

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* This article was originally published here

Router Protocol adds Optimism and Arbitrum to its cross-chain messaging platform

Router Protocol, an infrastructure layer enabling communication between blockchains, today announced it has added Optimism and Arbitrum to its platform.

The community can now transfer funds and swap assets across networks with the largest TVL in cross-chain bridges (Fantom, Polygon, Avalanche C-chain, and Arbutrum), in addition to Ethereum, Optimism, and Binance Smart Chain.

These new integrations offer users access to enhanced interoperability features such as:

• Any token to any token swap across chains – most existing solutions only supports transfers. Router Protocol supports any crypto token swap on the network.
• Support for arbitrary tokens – most cross-chain platforms are permissioned where only listed assets can be traded. Router Protocol allows arbitrary token swaps by aggregating liquidity across all the major DEXes on any given chain.
• Mesh Network – instead of building 1:1 bridges that require dedicated links between chains, Router is building a many-to-many mesh network that allows seamless data flow between various chains. Any chain can be added with a few lines of configuration.
• Settlement guarantee – Router Protocol ensures no blocking for user funds and guarantees settlements of all transactions by providing users equivalent amounts of USDC or RUSDC (which can be redeemed 1:1 for USDC).

“As two of the most popular L2 solutions on Ethereum, this integration marks significant progress in our mission to connect all L1 and L2 chains. We’re proud to deliver a seamless and secure cross-chain experience to these communities.”
– Ramani Ramachandran, Co-Founder & CEO of Router Protocol

Security is an important focus for Router Protocol, having taken several measures to secure its network. In addition to a bug bounty program with the security platform Immunefi, the project has completed security audits from Certik and Halborn and is currently undergoing a third audit from Hacken.

Moreover, the Router team has several security features built into its network including: 

• A modular smart contract architecture – denotes different contracts for functions like liquidity, fees, voting, etc. to separate out functions against monolith structures which is typically followed.
• On-chain validation – the validation is achieved on-chain, which is more secure than protocols using off-chain consensus.
• An Isolated execution module – transactions are executed on a stateless execution pallet that can avoid direct interaction with the bridge reserves. Keeping the reserves isolated from the execution environment prevents malicious entities from accessing the reserve funds.
• A dedicated proxy architecture – Router Protocol retains the option to update the contract in case of any contract vulnerability/bug.

In other developments, the Router Protocol team recently announced a governance proposal inviting the community to decide which two EVM chains to integrate next. The governance event is an important step in the direction of transitioning Router Protocol into a community-governed project.

The post Router Protocol adds Optimism and Arbitrum to its cross-chain messaging platform appeared first on CryptoNinjas.

* This article was originally published here

Ignite launches $150M-backed crypto project accelerator program for Cosmos

Ignite (formerly Tendermint), a developer for the Cosmos blockchain ecosystem, has announced the launch of the Ignite Accelerator, an initiative to support the next wave of early-stage startups in Web3.

Ignite Accelerator focuses on the multichain ecosystem, with a total of $150 million secured in alliance with 11 initial investment partners Alameda Research, Kucoin Ventures, OKX Blockdream Ventures, HashKey Capital, Chorus One, Figment, Chainlayer, Strangelove Ventures, Forbole, Everstake, and Galileo.

Blockchain Projects Fast-Tracked with Ignite Accelerator

Through a tailored fast-track program, Ignite Accelerator supports participants to design, develop, and launch their blockchain projects faster, with access to expert mentorship, exclusive networking, exceptional talent, and substantial capital streams.

Teams will benefit from specialized support and go-to-market expertise from Ignite’s in-house professionals dedicated to helping projects blossom. Moreover, the help of established investor partners assists in fueling early-stage growth, providing expertise, and scaling your network.

“The name Ignite Accelerator may be new but identifying and funding high-potential blockchain projects is already woven into our company’s DNA. We’ve been incubating and accelerating Cosmos ecosystem projects internally since 2018. Now, in collaboration with our investment partners, we’re scaling our efforts to drive innovation across the blockchain space. Drawing on our successful track record and technical expertise (no other accelerator in the industry also created the core tech stack that participants will use), Ignite Accelerator will propel the adoption of the decentralized web.”
– The Ignite Team

Currently, the Ignite Accelerator has focused its investments on three key markets based on the current portfolio distribution: technical infrastructure, DeFi, plus community & social.

Ignite CLI: Build Your Own Blockchain

Ignite Accelerator forms one of three core pillars that enables Ignite to offer a clear path to launching blockchain projects, alongside Ignite CLI and Ignite Ventures (formerly Starport and Tendermint Ventures).

Ignite CLI, rebranded from Starport, is where projects will start their blockchain development process.

Operating as an inclusive platform, Ignite CLI is a feature-packed solution for developers to easily build interoperable and sovereign blockchains.

Adaptable to any project, Ignite CLI allows for building a fully sovereign blockchain, rather than just a smart contract on someone else’s chain.

All blockchains built with Ignite CLI come with IBC functionality so projects can build their community, and connect to a growing number of interoperated chains in the Cosmos ecosystem.

More than 30 chains have already been built using Ignite CLI, including some of the most inventive projects in the Cosmos network such as Osmosis, Juno, Lum Network, and Stargaze.

Applications Open Now

• Ignite Accelerator will support up to 20 projects a year, with two cohorts annually.
• Each cohort participation will run for six months and focus on helping participating projects reach successful mainnet launch within 12 months.
• Applications to join the fast-track program are now.

To be considered for the first cohort of Ignite Accelerator participants, check out the application.

The post Ignite launches $150M-backed crypto project accelerator program for Cosmos appeared first on CryptoNinjas.

* This article was originally published here

Cardano NFT gaming engine Revelar to integrate COTI’s Djed stablecoin

COTI, a multi-DAG (directed acyclic graph) blockchain for payments, announced today a new partnership with Revelar, Cardano’s first NFT gaming platform.

The partnership will see Revelar integrate COTI stablecoin Djed to bring a stable way to buy and sell NFT game assets on the Revelar system. Further, the Djed stablecoin will enable participation in new tokenomic models.

“Our partnership with Djed will open up massive partnerships opportunities for game developers who want a simple integration and a stable way for their players to manage in-game tokens. Play-to-earn is the new wave in gaming and player owned content has now become table stakes.”
– Jason Toevs, Founder & CEO of Revelar

Revalar’s integration with Djed is part of the platform’s larger push to bring new NFT payment options, including fiat-backed payment integrations to Cardano.

“We are happy to continue partnering with some of the top projects built on Cardano. By integrating Djed to their platform, Revlar is giving their developers and gamers more stable payment options. We look forward to watching this partnership unfold.”
– Shahaf Bar-Geffen, CEO of COTI

Presently, Revelar is in closed Alpha and will soon open up applications for their first launchpad cohort to be selected this summer.

The post Cardano NFT gaming engine Revelar to integrate COTI’s Djed stablecoin appeared first on CryptoNinjas.

* This article was originally published here