Polygon

Movement Labs Raises $38 Million in Series A to Bring Facebook's Move to Ethereum

Retrieved on: 
Thursday, April 25, 2024

The funding will support the company's mission to bring Facebook's Move Virtual Machine to Ethereum, addressing smart contract vulnerabilities and enhancing transaction throughput.

Key Points: 
  • The funding will support the company's mission to bring Facebook's Move Virtual Machine to Ethereum, addressing smart contract vulnerabilities and enhancing transaction throughput.
  • Movement Labs' "Integrated Approach" combines modular elements to create a more secure & performant Ethereum ecosystem.
  • Founded in 2022, Movement Labs aims to tackle the prevalent smart contract vulnerabilities within the Ethereum ecosystem while introducing a novel execution environment designed for 30,000+ transactions per second (TPS).
  • For more information about Movement Labs and a guide to participate in the devnet, please visit: movementlabs.xyz , follow on X @movementlabsxyz and on Discord .

Movement Labs Raises $38 Million in Series A to Bring Facebook's Move to Ethereum

Retrieved on: 
Thursday, April 25, 2024

SAN FRANCISCO, April 25, 2024 /PRNewswire/ -- Movement Labs , a San Francisco-based blockchain development team, has secured $38 million in a Series A financing round led by Polychain Capital.

Key Points: 
  • SAN FRANCISCO, April 25, 2024 /PRNewswire/ -- Movement Labs , a San Francisco-based blockchain development team, has secured $38 million in a Series A financing round led by Polychain Capital.
  • The funding will support the company's mission to bring Facebook's Move Virtual Machine to Ethereum, addressing smart contract vulnerabilities and enhancing transaction throughput.
  • Founded in 2022, Movement Labs aims to tackle the prevalent smart contract vulnerabilities within the Ethereum ecosystem while introducing a novel execution environment designed for 30,000+ transactions per second (TPS).
  • For more information about Movement Labs and a guide to participate in the devnet, please visit: movementlabs.xyz , follow on X @movementlabsxyz and on Discord .

RackNerd Expands Cryptocurrency Payment Options with Coinify Integration, Accepting Over 30 Cryptocurrencies

Retrieved on: 
Wednesday, April 24, 2024

RANCHO CUCAMONGA, Calif., April 24, 2024 /PRNewswire-PRWeb/ -- RackNerd, a leading provider of infrastructure-as-a-service (IaaS) solutions, today announced its integration with Coinify, a renowned cryptocurrency payment gateway. This strategic partnership enables RackNerd to accept over 30 different cryptocurrencies across multiple networks, including Bitcoin, Ethereum (ERC-20), Tron (TRC-20), Polygon, Solana, and more.

Key Points: 
  • RANCHO CUCAMONGA, Calif., April 24, 2024 /PRNewswire-PRWeb/ -- RackNerd , a leading provider of infrastructure-as-a-service (IaaS) solutions, today announced its integration with Coinify, a renowned cryptocurrency payment gateway.
  • "We are thrilled to integrate with Coinify and offer our customers the ability to pay with over 30 different cryptocurrencies," said Dustin B. Cisneros, CEO of RackNerd.
  • Coinify offers a diverse range of cryptocurrency acceptance, providing customers with flexibility and choice in their payment options.
  • For more information about RackNerd's cryptocurrency payment options and services, please visit https://www.racknerd.com/
    For more information about Coinify's cryptocurrency payment processing services, please visit https://www.coinify.com/

Chainlink Announces General Availability for CCIP

Retrieved on: 
Wednesday, April 24, 2024

SAN FRANCISCO, April 24, 2024 /PRNewswire/ -- Chainlink, the industry-standard decentralized computing platform, announced today that the Chainlink Cross-Chain Interoperability Protocol (CCIP) has officially entered General Availability (GA). Any developer can now permissionlessly use CCIP to securely transfer onboarded tokens cross-chain, send arbitrary messages to smart contracts on another blockchain, or simultaneously send data and value together through CCIP's unique support for Programmable Token Transfers. Supported blockchains include Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Kroma, Optimism, Polygon, and WEMIX, with many more to come in the future.

Key Points: 
  • SAN FRANCISCO, April 24, 2024 /PRNewswire/ -- Chainlink , the industry-standard decentralized computing platform, announced today that the Chainlink Cross-Chain Interoperability Protocol (CCIP) has officially entered General Availability (GA).
  • "The mainnet general availability of CCIP is something that makes it even easier for developers to quickly adopt CCIP as a secure mechanism for cross-chain connectivity."
  • CCIP is also part of the broader Chainlink platform that features additional critical data and computation resources needed to create secure and liquid tokenized real-world asset (RWA) markets.
  • To learn how CCIP helps the industry overcome the historical exploits that have plagued the cross-chain ecosystem, watch Chainlink Co-Founder Sergey Nazarov explain how CCIP is the only interoperability protocol with level-5 cross-chain security.

Northstake and Kvarn Capital launch Ethereum staking services on Kvarn X

Retrieved on: 
Wednesday, April 24, 2024

COPENHAGEN, Denmark, April 24, 2024 /PRNewswire/ -- Northstake, the digital asset staking provider regulated by the Danish Financial Authority, has extended its collaboration with Kvarn Capital to support Ethereum (ETH) staking services on the Kvarn X platform. The move will see Kvarn Capital broaden its existing digital asset investing and asset management services for clients while bringing Northstake's ETH staking capabilities to new audiences.

Key Points: 
  • COPENHAGEN, Denmark, April 24, 2024 /PRNewswire/ -- Northstake , the digital asset staking provider regulated by the Danish Financial Authority, has extended its collaboration with Kvarn Capital to support Ethereum (ETH) staking services on the Kvarn X platform.
  • The move will see Kvarn Capital broaden its existing digital asset investing and asset management services for clients while bringing Northstake's ETH staking capabilities to new audiences.
  • Joonas Järvinen , Founder of Kvarn Capital, said: "This expansion into Ethereum staking is an exciting development for our clients in the Nordics, for the first time accessing institutional-grade staking services with Ethereum as the biggest PoS blockchain at the forefront.
  • Allowing investors to access institutional-grade staking services further increases the utility and appeal of the Ethereum ecosystem as a whole, while ensuring that Kvarn's clients have direct access to unrivaled institutional staking services.

Northstake and Kvarn Capital launch Ethereum staking services on Kvarn X

Retrieved on: 
Wednesday, April 24, 2024

COPENHAGEN, Denmark, April 24, 2024 /PRNewswire/ -- Northstake, the digital asset staking provider regulated by the Danish Financial Authority, has extended its collaboration with Kvarn Capital to support Ethereum (ETH) staking services on the Kvarn X platform. The move will see Kvarn Capital broaden its existing digital asset investing and asset management services for clients while bringing Northstake's ETH staking capabilities to new audiences.

Key Points: 
  • COPENHAGEN, Denmark, April 24, 2024 /PRNewswire/ -- Northstake , the digital asset staking provider regulated by the Danish Financial Authority, has extended its collaboration with Kvarn Capital to support Ethereum (ETH) staking services on the Kvarn X platform.
  • The move will see Kvarn Capital broaden its existing digital asset investing and asset management services for clients while bringing Northstake's ETH staking capabilities to new audiences.
  • Joonas Järvinen , Founder of Kvarn Capital, said: "This expansion into Ethereum staking is an exciting development for our clients in the Nordics, for the first time accessing institutional-grade staking services with Ethereum as the biggest PoS blockchain at the forefront.
  • Allowing investors to access institutional-grade staking services further increases the utility and appeal of the Ethereum ecosystem as a whole, while ensuring that Kvarn's clients have direct access to unrivaled institutional staking services.

SukuPay Celebrates Launch with One World, One Dollar Game where the First Team to send $1 to Every Country in the World Wins up to $45K

Retrieved on: 
Thursday, April 18, 2024

MIAMI, April 18, 2024 /PRNewswire-PRWeb/ -- Web3 technology provider Suku recently launched SukuPay, which enables anyone to send money to anyone worldwide using phone numbers—no fees or complicated onboarding. To celebrate the launch of this capability, Suku kicks off the One World, One Dollar campaign in which teams will compete to send $1 through +150 countries in the world with up to $45K awarded to winners.

Key Points: 
  • MIAMI, April 18, 2024 /PRNewswire-PRWeb/ -- Web3 technology provider Suku recently launched SukuPay , which enables anyone to send money to anyone worldwide using phone numbers—no fees or complicated onboarding.
  • To celebrate the launch of this capability, Suku kicks off the One World, One Dollar campaign in which teams will compete to send $1 through +150 countries in the world with up to $45K awarded to winners.
  • We're excited to announce the kick-off of the One World, One Dollar game to showcase how easy it is to send money around the world with SukuPay.
  • Yonathan Lapchik, CEO of Suku, shared, "We're excited to announce the kick-off of the One World, One Dollar game to showcase how easy it is to send money around the world with SukuPay.

OKX Launches X Layer Public Mainnet to Bring its 50M Users On-Chain

Retrieved on: 
Tuesday, April 16, 2024

X Layer uses advanced technology to make it cheaper and faster for millions of users to interact with on-chain applications.

Key Points: 
  • X Layer uses advanced technology to make it cheaper and faster for millions of users to interact with on-chain applications.
  • OKX Chief Marketing Officer Haider Rafique said: "X Layer is for visionary builders who are creating applications to help bring millions of people on-chain.
  • The number of dApps is slated to increase exponentially with the official opening of X Layer to the general public.
  • OKX's 50M users now have an easy path to onboarding to X Layer and all the other chains connected to the AggLayer.

OKX Launches X Layer Public Mainnet to Bring its 50M Users On-Chain

Retrieved on: 
Tuesday, April 16, 2024

X Layer uses advanced technology to make it cheaper and faster for millions of users to interact with on-chain applications.

Key Points: 
  • X Layer uses advanced technology to make it cheaper and faster for millions of users to interact with on-chain applications.
  • OKX Chief Marketing Officer Haider Rafique said: "X Layer is for visionary builders who are creating applications to help bring millions of people on-chain.
  • The number of dApps is slated to increase exponentially with the official opening of X Layer to the general public.
  • OKX's 50M users now have an easy path to onboarding to X Layer and all the other chains connected to the AggLayer.

Chainlink Unveils Transporter: A Hyper-Secure Bridging App for Moving Crypto Cross-Chain, Powered by CCIP

Retrieved on: 
Thursday, April 11, 2024

SAN FRANCISCO, April 11, 2024 /PRNewswire/ -- Chainlink, the industry-standard decentralized computing platform, announced today the launch of Transporter—a highly secure app for bridging tokens and messages across blockchains with complete peace of mind, powered by Chainlink CCIP, the standard for cross-chain interoperability.

Key Points: 
  • SAN FRANCISCO, April 11, 2024 /PRNewswire/ -- Chainlink , the industry-standard decentralized computing platform, announced today the launch of Transporter —a highly secure app for bridging tokens and messages across blockchains with complete peace of mind, powered by Chainlink CCIP, the standard for cross-chain interoperability.
  • Built in association with the Chainlink Foundation, with support from Chainlink Labs, Transporter provides users with an intuitive interface for submitting and monitoring cross-chain transactions on CCIP.
  • "Transporter makes it easier to utilize the security benefits of Chainlink CCIP for the transfer of large token value and critical messages across chains.
  • Transporter allows users to track their assets and messages at every step of the transaction, both on the Transporter app and through the Chainlink CCIP Explorer .