Protocol Village: Arbitrum Lands RARI's New NFT-Focused Layer-2 Chain
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout. Source
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Protocol
Cross-Chain Protocol Wormhole Secures $225M in Funding, Now Valued at $2.5B
The investment round was accompanied by the launch of Wormhole Labs, an independent technology company “emerging from stealth to become a core contributor to Wormhole.” Wormhole, a blockchain protocol designed to address the interoperability challenges of pioneer blockchain networks such as Bitcoin and Ethereum, has secured $225 million in funding, propelling
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Protocol Village: It's Crypto Spring, as Smart-Contract Platform Index Jumps Most in 10 Months
Digital-asset markets are heating up, especially for blockchain tokens. In this week's Protocol issue, we highlight November's 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months. Original Source
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Protocol Village: Movement Labs Says 'Move Virtual Machine' to Use Celestia, Snowman
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 23-29, with live updates throughout. Source
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CASPs should work on protocol interoperability, self-hosted wallets
The European Union’s banking regulator, the European Banking Authority (EBA), wants to update existing Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) rules for crypto providers. In a consultation paper published on Nov. 24, the EBA explains that current European regulations are no longer sufficient to govern AML/CFT standards compliance
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Lido DAO discovered a security vulnerability in Ethereum protocol
Lido discovered a security vulnerability in Ethereum protocol, involving Node Operator InfStones. Liquid staking solution Lido has discovered a security vulnerability on its Ethereum protocol in the last 24 hours, specifically involving one of its Node Operators, InfStones. This issue, initially discovered a few months ago, was formally reported to InfStones
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The Protocol: CZ's out, Altman's in, and Kraken's Sued
In this week's edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file hosting on the Bitcoin blockchain. Source
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Ethereum Layer 2 Protocol Blast Secures $20M Investments from Paradigm
The L2 protocol anticipates its Mainnet to go live on February 24 next year, enabling withdrawals, with users able to redeem their Blast Points starting May 24. Blast, an Ethereum layer 2 protocol with yield-bearing assets, announced the completion of its $20 million funding round led by Paradigm, a research-driven technology
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Dfinity Partners Blockchain Protocol SingularityNET to Launch Joint AI Initiative
Aside from the integration of ICP into the SingularityNET protocol, the two companies plan to synergize their grant programs by merging the Deep Funding and DFINITY Developer Grant Programs. The Dfinity Foundation, a not-for-profit research and development organization, has partnered with SingularityNET, an AI-focused blockchain firm, to propel decentralized artificial intelligence
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Protocol Village: Kinetix Gets Strategic Investment to Build on Gnosis
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 16-22, with live updates throughout. Original Source
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