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Oct. 27: Neo, an open-source blockchain platform utilizing a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism, unveiled plans to develop a brand new sidechain suitable with the Ethereum Digital Machine (EVM) commonplace, in response to a press launch: “Neo Sidechain inherits key Neo options, together with its strong dBFT consensus mechanism, leading to sooner transactions, improved scalability, and enhanced equity… The Neo-VM multi-language improvement atmosphere enhances flexibility for builders to put in writing good contracts of their most popular language. The sidechain is purpose-built to withstand MEV assaults like frontrunning and sandwich assaults.”
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Oct. 26: Horizen introduced the launch of the Horizen EON sidechain, suitable with Ethereum’s Ethereum Digital Machine (EVM) commonplace, in response to a press release: “Whereas Ethereum has been driving broad adoption of DeFi ecosystems and good contracts, Horizen has been creating its ZK-powered cross-chain protocol and horizontal scaling resolution, Zendoo, that enables a wider adoption of blockchain expertise with full customization on the protocol degree. With the addition of Horizen EON, Horizen now additionally opens its fast-growing ecosystem as much as extra alternatives for environment friendly improvement and utilization of a variety of dApps and providers.” $ZEN
Oct. 26: IoTeX, a blockchain suitable with Ethereum’s Ethereum Digital Machine (EVM) commonplace, introduced its integration with Solana, “offering actual time analytics on Solana-connected {hardware} gadgets,” in response to a message from the workforce. “The mixing with Solana allows verifiable off-chain information by way of IoT-connected initiatives constructed on Solana like Helium, Render and Hivemapper, into its clear information analytics platform. By bringing Solana into the IoTeX platform, any Solana-connected challenge and associated gadgets will now be seen on DePINscan, a visibility platform that empowers traders and decision-makers with public information on DePIN initiatives.” $SOL
Oct. 26: Atato, an institutional-grade MPC crypto custodian, “introduced an integration with Cronos Chain, the main EVM-compatible chain constructed on the Cosmos SDK, for DeFi and GameFi, in addition to XRP Ledger, the open-source, power environment friendly, and decentralized blockchain powered by a world developer group, for its pioneering BYOC community,” in response to a press release. “The partnership goals to make a considerable affect with its Convey-Your-Personal-Chain (BYOC) providing. That is the primary custody resolution of its form to allow one-click integration of any chain, empowering a multi-chain future for driving mainstream adoption. BYOC makes Atato the one custodian to safe and assist tokens throughout ALL EVM and non EVM chains with out the necessity of advanced coding.” $CRO $ATOM $XRP
Oct. 26: Solana Labs has formally launched the Solana Incubator program, in response to a press release. “Assets supplied via the Solana Incubator program embrace hands-on engineering, go-to-market and fundraising assist from Solana Labs. This consists of suggestions on person expertise design, model amplification via Solana Labs advertising channels, connections to the community of initiatives inside Solana Labs, and steerage on integrations with the Solana blockchain.” $SOL
Oct. 26: Ramp, a monetary expertise firm, introduced a strategic partnership with Linea, a zkEVM rollup backed by the Ethereum developer Consensys. “Within the first stage of this strategic partnership, customers throughout 150+ nations and territories at the moment are in a position to buy each ETH and USDC on to the Linea Community by way of Ramp widget, obtainable via Ramp’s in depth community of integration companions,” in response to a press launch. $ETH $USDC
Oct. 26: Chainstack, a number one Web3 infrastructure supplier, announces the launch of the DeFi API, its “resolution to streamline entry to real-time decentralized finance information,” in response to a message from the workforce. “Chainstack’s DeFi API allows seamless entry to real-time information from each main decentralized finance protocol, together with Uniswap, Lido, Avee, Compound, PancakeSwap, SushiSwap and lots of others. The DeFi API eliminates the necessity for builders to put in writing customized indexers, handle databases, pay for archival node requests, or deal with chain reorganizations. As a substitute, builders can entry a easy, ready-to-use API via GraphQL.” $UNI $SUSHI $LDO $COMP $CAKE
Oct. 26: DSCVR (pronounced “uncover”), a Web3 social media and group constructing platform, introduced its launch on the Solana ecosystem, in response to a press release. “Launching on Solana will enable DSCVR to introduce and combine its core SocialFi performance – combining the rules of social media and decentralized finance – to the platform. Customers will have the ability to connect with their Phantom pockets, obtain airdrops, view and transact property, show verified PFPs and create token- gated communities… Upon launch, chosen alpha integrations together with Magic Eden, FamousFoxFederation, Blocksmith Labs and SharkyFi will allow digital asset transactions within the DSCVR feed, inside communities and thru user-curated galleries.” $SOL
Oct. 26: The blockchain safety agency Hacken launched a report exhibiting that the crypto sector witnessed 117 safety breaches, inflicting losses of $720 million throughout the third quarter. That compares with 131 hacks for losses of $327 million throughout the second quarter. In line with a message from the workforce: “Entry management assaults have been probably the most damaging, whereas rug pulls have been probably the most frequent. Over 90% of the breaches concerned initiatives with out verified audits. In two extra circumstances, exploited information have been out of audit scope. Hacken’s report exposes ‘token factories,’ calls out flawed audits, and urges renewed vigilance.”
Oct. 26: Deutsche Financial institution and Customary Chartered’s SC Ventures are testing a system that will allow blockchain-based transactions, stablecoins and central bank digital currencies (CBDCs) to talk to one another, taking an method just like the SWIFT messaging layer in legacy banking infrastructure. The banks are working a collection of take a look at circumstances, together with transferring and swapping USDC stablecoins, on the Common Digital Funds Community (UDPN), a permissioned blockchain system composed of validator nodes run by an alliance of banks, monetary establishments and consultancies. The system, created by tech consultancy GFT Group and Pink Date Expertise, co-founder of the Chinese language Blockchain-Primarily based Service Community (BSN), instructs and permits transactions to happen throughout a spectrum of networks, starting from stablecoins on public blockchains to CBDCs.
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