HeLa Labs launches stablecoin-powered layer one blockchain network

HeLa Labs, a hi-tech company, has launched a next-generation layer one blockchain network with privacy-preserving and consensus protocols for real-world adoption.

Kerching Choo, co-founder of HeLa Labs, said: “Our aim is to bring real-world adoption benefits to all industries, empowering them to leverage the power of our layer one blockchain.”

The launch of the stablecoin-powered layer one blockchain is a collaboration between HeLa Labs and A*STAR’s Institute of...

10 October 2023 | Banking

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...

31 August 2023 | Altcoins

The Aleph Zero ecosystem integrates with Ledger

Aleph Zero, the enterprise-grade blockchain with privacy-enhancing features and instant finality, announced today its integration with Ledger, the global platform for digital assets and web3.

The long-awaited integration is a strategic step forward for Aleph Zero, becoming an important alternative for its users to store and manage their AZERO coins without compromising their private keys.

“We are thrilled to announce the integration with Ledger, the leading hardware...

30 June 2023 | Blockchain

Tornado Cash sequel, Privacy Pools, aims to please US regulators

Tornado

An ex-developer of Tornado Cash, the sanctioned crypto mixer that makes crypto assets harder to track, is working on a new platform that hopes to solve the service’s ties to illicit activity.

Ameen Soleimani believes that Privacy Pools, the working name for his new Ethereum mixer launched on GitHub, will nudge US regulators to reconsider their stance on privacy mixers.

In a lengthy Twitter thread, Soleimani discussed what he says as the “critical flaw” with Tornado...

6 March 2023 | Blockchain Applications

Chain Reaction to build cryptographic chips with fresh $70m

Encryption

Chain Reaction, an Israeli startup designing semiconductors for blockchain and privacy hardware, has emerged from stealth following a $70 million (£58m) Series C funding round.

The Tel Aviv-based firm’s specialty chips and related architecture are designed to support cryptographic processes, most notably in the breakthrough field of homomorphic encryption, an approach to privacy that encrypts data as it is used.

Morgan Creek Digital led this third round, taking the...

23 February 2023 | Blockchain Applications