StarkWare Industries

QED Launches L2O Consortium to Develop Bitcoin Layer 2 Solutions

Retrieved on:

Thursday, April 11, 2024

News, QED, StarkWare Industries, Consortium, ZK, Privacy, Cryptocurrency

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Key Points:

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The L2O Consortium aims to set standards for trustless applications and Layer 2s to be deployed on the Bitcoin blockchain.
By leveraging Bitcoin's liquidity and security guarantees, developers will be able to build Layer 2 applications with strong network effects from the wider Bitcoin ecosystem.
Carter Jack Feldman, Founder and CEO of QED Protocol, commented on the news, "The L2O Consortium marks a major milestone in unlocking the full potential of Bitcoin.
The L2O Consortium welcomes additional members looking to advance zero-knowledge technology for Bitcoin in a coordinated, community-driven way.

Usual Labs Announces a Strategic Funding Round of $7M and $75M TVL Committed to Compete With Stablecoin Giants

Retrieved on:

Wednesday, April 17, 2024

Kraken, Ethereum, Element, TVL, News, LDT, Fintech, Member of Congress, Breed, StarkWare Industries, Entrepreneurship, National Assembly, Trust, GSR, Human, Philosophy, Growth, Labs, Cryptocurrency

PARIS, April 17, 2024 /PRNewswire/ -- Usual Labs, the company in charge of developing Usual, an innovative protocol bridging the gap between traditional and decentralized finance through the USD0 stablecoin, is proud to announce that it has raised $7M and committed $75M in Total Value Locked (TVL) to ensure its launch in Q2 2024. Usual Labs has garnered the support of more than a hundred investors, including two leading co-investors, IOSG Ventures and Kraken Ventures, as well as a diverse group of notable investors, including GSR, Mantle, StarkWare, Flowdesk, Avid3, Bing Ventures, Breed, Hypersphere, Kima Ventures, Psalion, Public Works, and X Ventures.

Key Points:

With its innovative Liquid Deposit Token (LDT), Usual is aiming to establish itself as the leading DeFi-native stablecoin.
Acknowledging the demand for a stablecoin that is secure and owned by the community, Usual Labs has brought together a majority of founders from the DeFi ecosystem.
The fundraising will allow Usual Labs to prepare for the pre-launch of the USD0 stablecoin on the Ethereum mainnet in Q2 2024.
The team's unmatched expertise in regulation, operations, and DeFi, spearheaded by Pierre Person, positions Usual uniquely to capitalize on their vision."

ApeX Protocol Marks 1-Year Milestone with Achievements and Roadmap Unveiling

Retrieved on:

Thursday, December 14, 2023

ApeX will be celebrating this milestone with a 2-week long celebration, with 25,000 USDC and 50,000 APEX in rewards.

Key Points:

ApeX will be celebrating this milestone with a 2-week long celebration, with 25,000 USDC and 50,000 APEX in rewards.
Built on StarkWare's Layer 2 scalability engine StarkEx and operating on an orderbook model, ApeX provides a secure, efficient, and user-friendly experience for users.
This anniversary is a testament to the incredible community that has shaped ApeX into what it is today.
With a focus on user-centric innovations, strategic collaborations, and a commitment to decentralized excellence, ApeX remains at the forefront of shaping the future of decentralized finance.

OKX Senior Executives Lead Discussions on Virtual Assets and Web3 Development at Hong Kong FinTech Week 2023

Retrieved on:

Monday, November 6, 2023

HONG KONG, Nov. 6, 2023 /PRNewswire/ -- OKX , a leading global Web3 technology company and virtual asset exchange, showcased its dedication to the development of Hong Kong's Web3 and virtual asset ecosystem during the recent Hong Kong FinTech Week 2023 , where it was also a Diamond Sponsor of the event.

Key Points:

HONG KONG, Nov. 6, 2023 /PRNewswire/ -- OKX , a leading global Web3 technology company and virtual asset exchange, showcased its dedication to the development of Hong Kong's Web3 and virtual asset ecosystem during the recent Hong Kong FinTech Week 2023 , where it was also a Diamond Sponsor of the event.
During the main conference, which took place on November 2-3 at the Hong Kong Convention Centre, OKX's senior executives participated in a number of panels and fireside chats.
OKX Global Chief Commercial Officer Lennix Lai said: "Hong Kong FinTech Week 2023 was the ideal platform for OKX to engage in conversations about the potential of Web3 technology to shape the future of finance and beyond.
In March of 2023, OKX announced the establishment of OKX Hong Kong, along with its intention to apply for the relevant licenses for virtual asset trading platforms.

Flash News: OKX Ventures and Gitcoin Host First 'Shelling Point .edu' Conference in Asia, Focusing on Open-Source Technology, the Developer Community, Regenerative Finance and Public Goods Funding

Retrieved on:

Monday, September 11, 2023

Ethereum, Shell, Blockchain, Shell Point, Florida, Dame Alice Owen's School, Speech, Carbon, StarkWare Industries, Organization, Min, Ecosystem, Safety, Cryptocurrency, Web3, Scroll

OKX Ventures' investment in pioneering projects, such as Scroll , StarkWare , zkSync and Taiko , and its dedication to supporting its partners and builders in the Web3 space.

Key Points:

OKX Ventures' investment in pioneering projects, such as Scroll , StarkWare , zkSync and Taiko , and its dedication to supporting its partners and builders in the Web3 space.
OKX Ventures' goal of amplifying the voices of builders and bringing more Ethereum voices and Gitcoin's spirit to the Asian market.
OKX Ventures Partner Jeff Ren said: "The digital financial product market and the carbon market share many similarities.
The conference was a testament to OKX Ventures' commitment to bringing global perspectives and Web3 ecosystem partnerships to the next level.

Stablecoin Rating Platform Bluechip Launches to Provide Transparency into Stablecoin Safety & Risks to All

Retrieved on:

Thursday, July 13, 2023

USD Coin, Gemini Dollar, Tether, Liquidity, USDP, CMC, USDC, Dai (cryptocurrency), George Mason University, StarkWare Industries, USDT, GUSD, Gemini (company), Rating, BUSD, Letter, UST, Cryptocurrency, Blue chip

WASHINGTON, July 13, 2023 /PRNewswire-PRWeb/ -- Bluechip, a nonprofit organization dedicated to evaluating stablecoin safety, launched today to provide unbiased ratings of top stablecoins so that anyone, regardless of their technical expertise, can easily understand which stablecoins are likely to be safer.

Key Points:

Notable advisors are renowned economists Tyler Cowen , Robin Hanson , Alex Tabarrok and Lawrence H. White , as well as Ameen Soleimani and Nic Carter .
The full three-person team is CEO Benjamin Levit , Chief Economist Garett Jones and Ratings Director Vaidya Pallasena .
Bluechip's stablecoin ratings are built on the SMIDGE rating framework, designed by the three founders.
Externals is SMIDGE's room to grow: Bluechip hopes that sophisticated futures and betting markets will develop to offer information about the risks of particular stablecoins.

Giza Raises $3M Pre-Seed Led by CoinFund to Bring Artificial Intelligence to Web3 Smart Contracts

Retrieved on:

Tuesday, July 11, 2023

Professional Services, Security, Technology, Web3, Software, Finance, Artificial Intelligence, Lightning, UX, Artificial intelligence, AI, Risk assessment, ML, StarkWare Industries, Machine learning, Cryptocurrency

Current web3 infrastructure, such as smart contracts, are fundamentally static and disconnected from real world context, exposing web3 users to various inefficiencies, UX hurdles and vulnerabilities.

Key Points:

Current web3 infrastructure, such as smart contracts, are fundamentally static and disconnected from real world context, exposing web3 users to various inefficiencies, UX hurdles and vulnerabilities.
By providing trustless inference access to web3 applications, ML models served on Giza’s platform will provide smart contracts with the ability to classify, contextualise and adapt.
“Smart contracts are not as smart as their name would suggest,” said Francisco Algaba, CEO of Giza.
Giza is on a mission to unlock the capabilities of machine learning for web3 smart contracts and protocols leveraging collective and open development.

EDCON2023 Closes on a High Note, Celebrating with the Montenegrin and Global Ethereum Community

Retrieved on:

Wednesday, June 7, 2023

Knowledge, Volunteering, ZK, Network, Privacy, StarkWare Industries, Entrepreneurship, Conference, Vitalik Buterin, Cryptocurrency, Ethereum

Vitalik Buterin, Co-Founder of Ethereum, mapped a future for Ethereum based on issues of immediate primacy.

Key Points:

Vitalik Buterin, Co-Founder of Ethereum, mapped a future for Ethereum based on issues of immediate primacy.
For Ethereum, scalability is getting addressed by L2 solutions, though a lack of interoperability remains.
ETH Montenegro, initiated by the ambassador group of UETH (De University of Ethereum), presented on stage and also contributed as volunteers during the event.
Looking ahead, EDCON will take place in Japan in 2024, aiming to ignite the local community with the same enthusiasm and inspiration that characterized the past EDCON in Montenegro.

Fordefi and StarkWare Announce Integration Unlocking Institutional Access to StarkEx dApps

Retrieved on:

Tuesday, April 4, 2023

Dapp, StarkWare Industries, Security, Entrepreneurship, Decentralized finance, MPC, Safety, Risk, Cryptocurrency

NETANYA, Israel and NEW YORK, April 4, 2023 /PRNewswire/ -- Fordefi, a financial technology and software company, alongside blockchain scaling company StarkWare Industries, today announced an integration bringing MPC support to StarkEx dApps for the first time. The new integration enables institutions to sign transactions on StarkEx dApps with Fordefi's Wallet API adjusted to STARK signatures, without running the risk of improperly storing or exposing the private key.

Key Points:

The new integration enables institutions to sign transactions on StarkEx dApps with Fordefi's Wallet API adjusted to STARK signatures, without running the risk of improperly storing or exposing the private key.
This integration between Fordefi and Starkware Industries will enhance the access of institutions to StarkEx dApps, enabling end users to benefit from a secure MPC wallet solution.
"The new tools we're delivering will help a new wave of institutions to transact on StarkEx dApps," said Dima Kogan, Co-Founder and Chief Technology Officer at Fordefi.
We are excited about this collaboration with Fordefi and the expected boost to institutional use of StarkEx."

Get First Access to Pre-Token Markets with prePO

Retrieved on:

Friday, March 17, 2023

PPO, ETH, MetaMask, StarkWare Industries, Cryptocurrency, OpenSea

SINGAPORE, March 17, 2023 /PRNewswire/ -- prePO, which lets anyone go long or short on pre-public tokens, has announced that early deposits will open commencing this week on Arbitrum.

Key Points:

SINGAPORE, March 17, 2023 /PRNewswire/ -- prePO, which lets anyone go long or short on pre-public tokens, has announced that early deposits will open commencing this week on Arbitrum.
This will be a way to get guaranteed access to prePO's initial pre-public markets, with the platform estimated to launch in the following weeks.
As a further bonus, early depositors (up to a deposit cap) will receive prePO token incentives, and will automatically earn ETH staking yield via an integration with Lido.
When prePO launches, retail investors will finally have access to opportunities that venture capitalists, institutional investors, and private equity firms have enjoyed exclusively for decades.