Home Blockchain The Latest Tech News in Crypto and Blockchain

The Latest Tech News in Crypto and Blockchain

by Abigail Bautista

Brave, Electric Coin Co. (ECC), and Filecoin Foundation have announced a partnership to bring new privacy features to the Brave browser. These features include integrating the Zcash protocol into Brave’s built-in crypto wallet, allowing users to securely store, send, and receive ZEC alongside other cryptocurrencies. The three companies will also develop a privacy-based feature in the browser that will offer private messages and media transmission.

Orb Technology, the developer of the social media app Orb, has raised $2.3 million. The app is based on the Lens Protocol ecosystem.

Google’s cloud-computing business is expanding its push into blockchain by adding 11 networks, including Polygon, Optimism, and Polkadot, to its BigQuery program for public datasets. This move aims to provide users with access to data from various blockchains.

Mysten Labs, a developer focused on the layer-1 blockchain Sui Network, has entered into a partnership with NHN Corp, a publicly traded global IT company. NHN Gaming, a division of NHN Corp, expects to launch its first Web3 gaming projects in 2024 using the Sui blockchain.

Pocket Network, a multi-chain relay protocol, is deploying a new sovereign rollup on Celestia’s modular data availability layer. This will further decentralize how decentralized applications (dApps) access blockchain data.

Eco, a crypto-based payment system, is sunsetting its U.S.-only fintech app to focus on crypto-native products. The company will instead concentrate on developing self-custodial products like Beam, a non-custodial payments wallet.

Stader has launched rsETH, a liquid restaked token that allows users to restake multiple liquid staking tokens across multiple networks simultaneously. The testnet phase is currently live.

Freatic, a startup focused on information markets, has raised $3.6 million to construct building blocks for trustless exchanges. The company aims to maximize the value of information by accelerating its flow.

NEAR Foundation has launched the Mantle Ecosystem Gateway, a decentralized frontend for the Ethereum layer-2 network Mantle. This gateway streamlines the discovery of Mantle applications, providing users with a single place to access various dApps.

Fordefi, an institutional MPC wallet, has launched its native integration for Cosmos, Cosmos appchains, and the ATOM token. This integration enhances transaction clarity and security infrastructure for clients in the Cosmos ecosystem.

Vara Network, a layer-1 decentralized network created in partnership with the Gear Foundation, has launched its mainnet. The platform simplifies the shift from Web2 to Web3 and introduces parallel processing and individual memory spaces for smart contracts.

Cheqd, a startup focused on identity data, has announced the launch of Credential Payments. This feature allows organizations and individuals to get paid for providing their identity data while maintaining privacy, creating a trusted data market.

Pyth, a blockchain data oracle, has launched the Perseus Upgrade, which significantly reduces gas costs, decreases latency, and enhances reliability. This upgrade brings several benefits to users, including cheaper price updates.

Algorand Foundation has opened registration for Build-A-Bull, a virtual hackathon with $200,000 in prizes. The hackathon aims to create consumer-friendly applications using the Algorand blockchain.

Pyth will provide price feeds to EON, the EVM-compatible smart-contracting platform for Horizen. This collaboration expands the capabilities of the EON ecosystem.

Polkadot and Circle have launched native USDC on Polkadot, making USDC the native currency for Polkadot parachain Centrifuge’s liquidity pools.

Oak Grove Ventures, a new $60 million fund, has been launched to focus on the intersection of Web3, artificial intelligence, and biotech.

Injective has launched inEVM, the first-ever Ethereum Virtual Machine capable of achieving true composability across Cosmos and Solana. This network was developed in collaboration with Caldera and is part of Injective’s plan to introduce a network of Electro Chains to provide a more scalable and secure network.

You may also like

@2023 – All Right Reserved. Developed by Crypto Explorers