July 18: Bitrue Ventures, the research and investment section of crypto exchange Bitrue, has launched a $40 million investment fund and “is putting out the call to aspiring developers,” according to the team. A blog post reads: “Individual recipients of funding can receive up to $200,000 of investment funds that …
July 11: Pyth, a blockchain oracle protocol, has officially launched its newest product, Express Relay, on mainnet, according to the team: “The launch introduces a novel decentralized solution to the long-standing problem of MEV in processing liquidations and market-efficiency enhancing transactions in DeFi – once thought to be an inevitable …
July 9: Privado ID, formerly Polygon ID, is launching its first product since spinning out of Polygon – a “web wallet designed to set new standards for privacy while reducing user interactions by over 50%.” According to the team: “The new wallet eliminates repetitive KYC processes across platforms. Instead of …
June 27: Immunefi, an on-chain crowd-sourced security platform, released its “Crypto Losses in Q2 2024 report,” showing a loss of $572 million to hacks and rug pulls in Q2 2024, a 112% increase compared to the same period in 2023. According to the team: “This brings the total losses to …
June 25: The Solana Foundation announced the launch of Solana Actions and blockchain links (“Blinks”) to its suite of developer tools. According to the team: “These tools offer way to integrate blockchain transactions into any platform, creating a seamless and intuitive Web3 experience for users. Multiple Solana ecosystem projects will …
June 11: Biconomy, a Web3 infrastructure company, launched a new “Delegated Authorization Network,” or DAN, “enabling the safe delegation of on-chain activities to AI agents,” according to the team. A press release added: “Biconomy DAN operates by granting AI projects approved access to user’s ‘Delegated Auth’ keys stored on an …
May 24: The newest product from liquid restaking startup Ether.fi could finally help “paper rich” crypto degens turn their blockchain investments into spending money. Ether.fi Cash will be a mobile wallet and Visa credit card that borrows USDC, the popular USD-pegged stablecoin, against one’s decentralized finance (DeFi) investments and can …
May 17: Oobit, a mobile payment app, has “collaborated with TON Foundation to integrate its native cryptocurrency, TON (Toncoin), into its platform, advancing the usage of cryptocurrency as a means of payment,” according to the team: “Toncoin holders will be able to Tap & Pay at over 100 million retailers …
April 28: Natix, driver-led DePIN powered by AI cameras, has secured $9.6 million in funding in a new round spearheaded by Borderless Capital, co-led by Tioga Capital with angel investors from Bitget, Figment and Crypto Banter, according to the team: “NATIX, one of the largest crowdsourced camera networks with 92,000 …
April 22: Omni Foundation, supporting Omni Network, which is a layer-1 chain and Ethereum-focused interoperability protocol powered by EigenLayer restaking, announced the launch of Omni Network’s mainnet on the Ethereum layer-2 networks Arbitrum and Optimism. According to the team: “Omni is an L1 to unite Ethereum rollups, offering access to …