Zeeve RaaS partners with Memento for the launch of its zkSync Layer2 Hyperchain

Chain links.

Zeeve RaaS has teamed up with Memento as their chosen Rollups-as-a-Service provider for the new L2 Hyperchain built with the zkSync ZK Stack.

The traditional financial sector often hesitates to fully adopt public blockchains due to security and customisation concerns. To address this, Memento is launching a new Hyperchain designed to provide a secure, customised and controlled blockchain environment for institutional players where dApps can thrive. Utilising zkSync’s advanced ZK...

Lightning Labs successfully tests stablecoin integration on Bitcoin blockchain

Lightning Labs successfully tests stablecoin integration on Bitcoin Blockchain

Lightning Labs, a developer of software that powers the Lightning Network, has successfully tested Taproot Assets, a new system designed to issue stablecoins on the Bitcoin blockchain.

Thanks to the Lightning Network, this system can handle instant transactions with lots of volume and minimal fees, marking a major step forward in blockchain tech.The new protocol is a clever twist on Taproot, the latest upgrade to hit Bitcoin. Taproot enhances how the blockchain works by...

TapNation and Immutable partner for Web3 gaming expansion

Web3 gaming

French mobile gaming publishing company TapNation has partnered with Immutable, a developer platform for building & scaling web3 games on Ethereum.

TapNation’s strategic alliance with Immutable will see the French publisher leverage Immutable’s scaling solution for games that offers EVM compatibility, low cost, massive scale, and Ethereum security, while also transitioning TapNation’s sizable player base into the Web3 era.

Philippe Lenormand, head of Web3 at...

Financial sector has experienced rapid growth in cryptojacking

CoinDash - ICO hack

Cybersecurity firm SonicWall has released the 2024 SonicWall Annual Cyber Threat Report, which exposes all types of cyber behaviours and trends from digital adversaries to help partners build data-driven solutions to keep customers safe.

2023 proved to be a year of volatile, adaptive and creative digital threats, as threat actors continue to be relentless in their assault, leaving organizations looking for another layer of defence. 

Organizations are increasingly...

Study reveals the sectors that offer cryptocurrency as a payment method

A study by crypto tax software CoinLedger reveals that the Retail and e-commerce sector has the highest number of companies that offer the option to purchase through cryptocurrency.

The study compiled a list of more than 300 major companies known to accept cryptocurrency methods and categorised them into sectors, to discover which one contains the most companies offering crypto as a payment method.

Retail & E-commerce take first place, with 60 companies accepting...

Renee Francis, Take3: The transformative potential of Web3

The Block caught up with Renee Francis, Founder and Director of Take3, to discuss the transformative potential of Web3.

With a background in marketing and extensive experience with platforms such as Facebook, LinkedIn, and Google, Francis offers a unique perspective on the issues that Web3 aims to address.

In this interview, she shares insights into the benefits of Web3, the challenges it faces, and her excitement for various projects in the space.

Data...

US Congressman: Blockchain is ‘the authenticator’ in the AI era

In an address at the Permissionless II conference, US Congressman Tom Emmer urged the blockchain industry to shift its focus towards innovation—asserting that the technology is key to authenticating content in the AI era.

Emmer's remarks come in the wake of recent legal victories for Ripple and Grayscale, with the prospect of an upcoming Supreme Court ruling that could reshape the regulatory landscape.

During a panel discussion, Congressman Emmer began by acknowledging...

Coinbase’s CEO shares his top 10 most exciting Web3 ideas

Coinbase co-founder and CEO Brian Armstrong is basking in the glow of a successful week as the value of his company's stocks soared, riding on the rising hopes for a Bitcoin spot Exchange-Traded Fund (ETF).

Armstrong kept the good vibes going by sharing the 10 ideas he’s “most excited about” in the Web3 space.

"We're actively developing numerous projects at Coinbase, but considering the vast landscape, it's not possible to tackle everything. Therefore, I thought...

OKX DEX Integrates with Linea Bridge and Orbiter

Vitalik Buterin calls Craig Wright a fraud

OKX has integrated Linea Bridge and Orbiter to provide better cross-chain trading for users.

By automatically finding the best trading route and cross-chain bridge, this integration allows OKX to provide industry-leading low prices and ease of use when swapping ETH to Linea.

Linea is a network that scales the experience of Ethereum. Its out-of-the-box compatibility with the Ethereum Virtual Machine enables the deployment of already-existing applications, as well as the...

Celo touts Google Cloud win, confirms move to Ethereum layer-2 solution

Google bans cryptocurrency

The Celo Foundation, provider of a carbon-negative, Ethereum virtual machine-compatible (EVM) blockchain ecosystem, has announced that Google Cloud is running a validator on its network.

A validator participates in the running of the blockchain and helps maintain its security by staking their own crypto to support the network, and validating new transactions. Google Cloud joins contributors such as Deutsche Telekom – T-Systems is ranked as one of the top 10 validator groups –...