Regulators Are Bringing the Multichain Era to a Close
The high cost of understanding multiple chain environments means enterprises are likely to stick to what they know, argues Paul Brody, head of blockchain at EY. Source
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MultiChain
Open Source Protocol Ren Token Surges 18% Amid Rising Interest in Multichain Projects
In November, following the protocol's loss of funding from Alameda, Ren accelerated its shift from Ren 1.0 to a more efficient, secure version. Original Source
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Korea’s Lotte Group Partners Multi-Chain Network Polygon on NFT Global Drive Scheme
Lotte plans to push its NFT endeavors with the help of the scalable Ethereum-compatible network provided by Polygon. South Korean multinational conglomerate Lotte Group partnered with Polygon to expand its non-fungible token (NFT) business. According to reports, Lotto plans to use the popular blockchain to usher its NFT affairs onto the global
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Pantos, Multichain Token System Backed by Crypto Exchange Bitpanda, Starts Beta Version
The launch by Pantos, backed by the Austrian crypto exchange Bitpanda, follows a $12.1 million initial coin offering in 2018. Source
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Multichain DEXs are on the rise with new protocols enabling them
Decentralized exchanges (DEXs) have become increasingly popular in recent years due to their ability to offer users a high degree of control over their assets and a more secure trading environment than centralized exchanges. However, one major limitation of DEXs is their inability to support cross-chain and margin trading. There are
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‘Multichain future is very clear’ — MetaMask to support all tokens via Snaps
MetaMask Snaps aims to facilitate a “multichain future,” allowing the Ethereum-based wallet service to support non-native blockchains and tokens for the Web3 economy.Details of the latest in-development addition to MetaMask’s growing ecosystem were unpacked at the StarkWare Sessions event in Tel Aviv, Israel, in Feb. 2023. Speaking to Cryptox Magazine
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USDC chain expansion part of ‘multichain’ vision
USD Coin (USDC) issuers Circle have announced that it will soon roll out its stablecoin across five additional networks including Polkadot, Optimism, NEAR, Arbitrum and Cosmos. The firm first dropped the news at the Converge22 event on Sept. 28, and noted that support for most of these blockchains will be
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Multichain adds Rootstock to its blockchain bridge ecosystem
Multichain, a cross-chain platform, has announced the integration of the Bitcoin-based (BTC) smart contract protocol Rootstock (RSK) blockchain into its ecosystem. This will allow users to exchange Ether (ETH), USD Coin (USDC), Binance USD (BUSD), and other assets between RSK, Ethereum, and BNB Chain.According to Monday's announcement, the integration is
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BiFarms Network Announced the Launch of the Decentralized Multichain Yield Optimizer Platform and Tier-less Launchpad Ecosystem
BiFARMS has announced the launch of the all in one decentralized finance yield optimizer platform that’s focused on providing high yields on crypto assets. BiFARMS aims to simplify this process by creating a seamless and streamlined process for users to earn a rewardingly high yet modest APR in the easiest
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Ethereum DeFi Staple MakerDAO Adds StarkNet Bridge in First Step Toward Multi-Chain
Rebuilding Maker on StarkNet involves four phases, starting with a simple bridge that goes live on April 28. Source
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