Oct. 3: LayerZero Labs, the crew that launched the main omnichain messaging protocol LayerZero, has partnered with Conflux Community, the only regulatory-compliant public blockchain in China, to bring omnichain capabilities to China Telecom’s blockchain-primarily based mostly totally SIM card (BSIM), launched earlier this yr, in step with a message from the crew: “This partnership will give BSIM customers accumulate admission to to omnichain capabilities on LayerZero-supported blockchains, starting with Conflux mainnet.”
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Oct. 2: Babylon plans to unveil at Cosmoverse its “Bitcoin Staking Protocol MVP,” in step with a message from the crew. The liberate “objectives to exercise the huge untapped potential of lazy Bitcoins, permitting them to enhance the economic safety of Proof of Stake (PoS) chains and decentralized applications (dApps). Babylon’s protocol connects decentralized trust to make yield, gaining enhance from excellent Cosmos chains. It addresses the limitations of PoS chains by enabling them to stake bitcoin (BTC) as an change of native tokens, bettering safety and decreasing inflation tension. Babylon’s design seamlessly integrates Bitcoin staking with reasonably a great deal of PoS protocols, increasing Bitcoin’s utility. The MVP showcases this technology’s first implementation, with plans for adoption in ecosystems worship Cosmos, the set apart the question for Bitcoin staking is clear.” $BTC $ATOM
Breaking news Certik says Web3 exploits surged in 3Q
Losses from Web3 exploits, flash-mortgage attacks, oracle manipulation, personal key compromise, exit scams and assorted safety incidents surged to practically $700 million within the third quarter, more than the major and second quarters of 2023 combined, in step with Certik.
Breaking news Vechain plans hackathon at Harvard
Oct. 2: Vechain, an venture-grade layer-1 public blockchain, “will host a hackathon at Harvard in partnership with Boston Consulting Group and Web3 educational cell app, EasyA” on Oct. 7-8, in step with a statement. “Developers will compete for a portion of the $40,000 in prize pool and the change to build up admission to additional funding to ruin their initiatives.” Hackathon tracks will “help the exercise of vechain’s VORJ tool, which enables customers to deploy aesthetic contracts easily without knowing options to code or having to pay any transaction charges.” $VET
Breaking news Namada plans ‘incentivized testnet,’ airdrop of ATOM
Oct. 2: Namada, a layer-1 protocol focusing on multi-chain privateness, acknowledged it plans an “incentivized testnet” and an airdrop of NAM tokens to ATOM holders. “All over the present IBC-connected panorama, no present solution allows for privateness between zones; there will not be always a privateness across the Cosmos. Namada objectives to have this gap,” in step with a statement. The scale of the airdrop wasn’t disclosed. $ATOM
Breaking news Chainlink unveils ‘Information Streams’ to within the reduction of latency
Oct. 2: Chainlink, the blockchain information oracle provider, has launched “Information Streams,” a novel product designed to within the reduction of network latency. The offering has now entered early accumulate admission to on layer 2 platform Arbitrum, the firm acknowledged Monday in a statement. $LINK $ARB
Breaking news Web3Auth will get extension on Google’s Firebase
Oct. 2: Web3Auth, a provider of crypto wallet infrastructure, launched the originate of its bear Web3 extension on Firebase Extensions Hub, in collaboration with Google Cloud. Basically based on a statement: “With Web3Auth’s multi-celebration computation (MPC) on the helm, present app developers can now exercise Firebase authentication to safely generate a public-personal key pair. This permits their customers to bear a completely self-custodial Web3 wallet with acquainted social logins a lot like e mail, SMS OTPs, and biometric IDs.” Firebase is Google’s cell and Web app pattern platform. $GOOGL
Breaking news Taurus puts Web Computer Protocol on custody platform
Oct. 2: Taurus, a platform for managing digital belongings, has entered into strategic collaboration with Dfinity Foundation, a first-rate contributor to Web Computer Protocol (ICP), in step with a message from the crew. “Taurus will combine Web Computer Protocol to its custody platform. Taurus’ purchasers will seemingly be ready to possess custody of the Web Computer’s native ICP token and accumulate staking rewards the exercise of Taurus-PROTECT. In addition, Taurus has expanded Taurus-EXPLORER, its blockchain connectivity infrastructure, to enhance the Web Computer blockchain.” $ICP
Breaking news Station and Time ‘Proof of SQL Verifier’ to flee on Chainlink
Oct. 2: Station and Time (SxT), a Web3 information warehouse, launched at Chainlink’s SmartCon conference this week that its “Proof of SQL, a zk-proof for SQL queries, will natively flee its zk-Verifier on Chainlink nodes, enabling verifiable, zk-confirmed question outcomes for aesthetic contracts, AI models, and enterprises,” in step with a message from the crew. “SxT is now basically the most neatly preferred information warehouse solution for the Chainlink ecosystem, with this integration bettering trustlessness and decentralization. The Proof of SQL Verifier will flee natively on Chainlink nodes, permitting the Chainlink Community to be successful in consensus on untampered question outcomes.” $LINK
Breaking news ‘New Bitcoin City’ debuts as social app
Oct. 2: New Bitcoin City, which describes itself as “the major Bitcoin social app” or the “Buddy.tech of Bitcoin,” publicized last week on X (Twitter) that it used to be open to trace-ups.
Edited by Bradley Keoun.