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Taiko Celebrates One Month on Mainnet with Explosive Growth and Ambitious Plans



Taiko, a based rollup protocol designed to scale Ethereum natively, is proud to mark its one-month milestone on the mainnet with remarkable achievements and a bold vision for the future. Since its launch, Taiko has experienced exponential growth across various metrics, setting the stage for a promising journey ahead.

The mainnet statistics speak volumes about Taiko’s rapid ascent in the Ethereum Scaling L2 space. With a total value locked (TVL) of $138,730,000 and processing an average of 19.53 transactions per second daily, Taiko has swiftly emerged as a formidable player in the ecosystem. Noteworthy milestones include processing 45.3 transactions per second on June 27, reaching a total of 21,575,719 transactions and 108,443 blocks, and attracting 699,616 unique wallets to the network.

A key highlight of Taiko’s recent progress is the transition to permissionless block proposing and proving, making it the first Ethereum-based rollup to offer this feature. The network has seen active participation from 44 unique proposers and 32 unique provers, showcasing a vibrant and decentralized community eager to contribute to Taiko’s growth.

Taiko’s ecosystem has flourished with integrations from over 80 DeFi, gaming, bridge, and other projects. Popular games like Stupid Monkeys, Crack & Stack, and LooperLands have found a home on Taiko’s mainnet, signaling a burgeoning gaming ecosystem. The launch of the TAIKO token on June 5, followed by successful listings on major exchanges and decentralized platforms, has further fueled Taiko’s momentum.

In an innovative move, Taiko introduced the Trailblazers program, rewarding users and dapps with a staggering 12 million TAIKO tokens (10 million for users, 2 million for dapps) for active participation within the ecosystem this season. Nearly 600,000 users have already joined the program, minting over 220,000 Faction badges and engaging in exciting actions across various categories.

Looking ahead, Taiko remains committed to expanding its ecosystem, attracting new protocols, and increasing TVL. Technical advancements, including the upcoming launch of Raiko and continued development of the booster rollup scaling solution, promise to further enhance Taiko’s capabilities.



Hinkal announces ‘EigenLayer for Privacy’ with the upcoming launch of the Shared Privacy Protocol



Hinkal, a multi-chain privacy layer for confidential on-chain transactions, today announced the upcoming launch of the Shared Privacy Protocol, enabling cross-chain privacy via anonymity staking.

Institutional investors are entering crypto markets at a rapid pace and demanding the same privacy in DeFi trading that they have enjoyed in traditional equities markets. However, complete privacy in DeFi trading requires a large pool of “Shielded TVL” on each chain to properly mask transactions, a nearly impossible task with over 200 Layer-1 and Layer-2 blockchains across the industry. Despite growing demand, liquidity fragmentation remained a major roadblock to institutional adoption as the provision of this liquidity was not being incentivized and, until now, privacy in DeFi was not scalable.

Hinkal addresses this market gap with the launch of shared privacy infrastructure that establishes a unified pool of shielded liquidity across all chains. While other privacy protocols are focused on vertical privacy at the chain or dApp level, the Shared Privacy Protocol introduces horizontal privacy integration whereby the Shielded TVL can be mirrored across any chain (ex. Arbitrum or Solana), allowing traders and dApps across the entire blockchain ecosystem to leverage the full value of the Shielded TVL pool.

With the introduction of Hinkal’s Shared Privacy Protocol users can now bootstrap Shielded TVL in a similar method to how EigenLayer enabled projects to bootstrap security. By rewarding stakers with assets and yield, the Shared Privacy Protocol engages the DeFi community to build the future of privacy for the entire ecosystem. This approach mirrors the secure standards of traditional finance and allows both individual and institutional users to manage assets and transact on major decentralized applications (dApps) without publicly disclosing wallet addresses.

Georgi Koreli, co-founder and CEO of Hinkal, commented on the news, “Ensuring complete privacy on-chain is a critical step in enabling the full adoption of crypto as an asset class across the institutional financial sector. The Hinkal Protocol has already seen rapid adoption across our institutional network and the launch of the Shared Privacy Protocol is a key milestone in unleashing the power of community and breaking privacy barriers in crypto. We look forward to continuing to maximize discreteness for the community from native users to new market participants.”

Benefits of the Shared Privacy Protocol include:

  • Stakers can deploy native and staked assets to the protocol, generating additional yield while maintaining the flexibility to trade yield tokens on other dApps
  • Traders benefit from the expanded Shielded pool, further obfuscating their trading strategies and maximizing deployed capital across multiple chains
  • Developers of decentralized exchanges and dApps can now seamlessly integrate Hinkal’s Shared Privacy Protocol directly into their platforms, granting new privacy capabilities to their users

Evgeny Gokhberg, founder of Re7 Capital, an investor in Hinkal, continued, “A compliant solution enabling discrete liquidations without disclosing transaction data is necessary for us to efficiently operate in DeFi markets and Hinkal’s Shared Privacy Protocol is the solution we have been searching for a long time. We are proud to be a member of the Hinkal network and will be deploying additional strategies leveraging this new protocol in the near future.”

Hinkal is supported by an expansive network of institutional trading firms and funds that are already leveraging the Hinkal protocol to execute their discreet trading strategies. Additional information on the Shared Privacy Protocol and how to participate can be found on the Hinkal website.

About Hinkal

Founded by Stanford grad Giorgi Koreli and his Ph.D. brother, Nika Koreli, Hinkal is an institutional-grade protocol designed to provide users with full control over their on-chain assets. The Hinkal protocol enables privacy of transactions and assets across core DeFi apps and functions, including trading, farming, staking, and lending through the use of stealth addresses and with high degree of compliance.

Hinkal is a ZK-based solution that provides a private smart contract wallet experience, allowing users to participate in their favorite dApps directly from their private addresses without the need to withdraw assets for obfuscation.

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PLYR Gaming Blockchain officially launches



The PLYR Gaming Blockchain mainnet is set to launch as an Avalanche Subnet today on July 1st, 2024. This significant milestone marks the beginning of a new era in crypto gaming, aimed at creating a seamless and interconnected gaming universe that spans multiple blockchains.

What is PLYR Gaming Blockchain?

PLYR Gaming Blockchain is an advanced platform designed to revolutionize the gaming experience by leveraging blockchain technology. It focuses on creating a decentralized, secure, and transparent environment where players can truly own their in-game assets, enjoy thrilling play-to-earn opportunities, and engage in a dynamic gaming community.

Multichain Empowerment

PLYR Gaming Blockchain is designed to empower crypto gaming by connecting all chains. This multichain approach ensures that players from various blockchain communities can interact, trade assets, and participate in games without limitations. By bridging these chains, PLYR enhances interoperability and inclusivity within the crypto gaming ecosystem.

Key Features of PLYR Gaming Blockchain

1. Cluster Nodes: Cluster nodes are the cornerstone of the PLYR ecosystem, allowing users to participate in the network’s governance and earn rewards. By operating a cluster node, users contribute to the decentralization and security of the platform.

2. PLYR-ID: PLYR-ID is a unique decentralized identity solution that provides players with a unified identity across all games and platforms within the PLYR ecosystem. This feature ensures seamless access and a personalized gaming experience.

3. PLYR-AUTH: PLYR-AUTH provides secure and seamless authentication across all PLYR-enabled games and services. Additionally to PLYR-ID, the InstantPlayPass feature simplifies the login process and enhances security by leveraging decentralized authentication methods, ensuring a smooth and secure gaming experience for all users. This innovative feature allows players to quickly jump into games without lengthy sign-up processes.

4. PLYR-API: PLYR offers a comprehensive suite of tools for game developers, including SDKs and APIs, to integrate blockchain functionality into their games effortlessly. These tools simplify the development process and enable the creation of innovative, blockchain-powered games.

5. Sidekick App: The Sidekick app is designed to enhance the gaming experience by providing players with real-time mobile updates, notifications, and easy access to their assets and rewards. It acts as a companion app, keeping players engaged and informed.

6. Gamestake: Gamestake rewards players and active participants of the platform with $GAMR tokens. These tokens can be used to participate in games on the PLYR chain, creating a vibrant and rewarding ecosystem. By participating in Gamestake, players can maximize their engagement and enjoyment while earning valuable rewards. More details can be found on the Gamestake page.

7. Web3 Games Marketplace: The PLYR crypto games marketplace is a hub for discovering and purchasing games. It features a wide variety of games including both Web2 and Web3 games.

8. In-House Developed Games: PLYR has developed several exciting games, including:

  • ZooRacers: A battle-kart game where players can engage in intense combat and compete for rewards.
  • ZooNo: A card game based on Uno, with some added twists for a unique gaming experience.
  • Poker ZooGenes Hold’Em: A unique poker game that integrates NFT-based characters and assets.
  • Telegram Games: BangBang, ZooQuiAI, and Wild Kingdom, which connect to the blockchain for direct rewards distribution.

How to Get Started

  1. Website and PLYR-ID Creation: Users can visit the PLYR Network website to create a PLYR-ID, which provides access to the latest updates and features.
  2. Community Engagement: Staying informed about events and news is possible by following PLYR on social media platforms such as Twitter(X).
  3. Participation in Events: Engaging with the community and earning rewards is facilitated through participation in various events organized by the platform.
  4. Roadmap and Future Updates: The roadmap available on the PLYR website offers insights into future developments and milestones, helping users stay informed about upcoming enhancements.

Looking Ahead

The launch of the PLYR Gaming Blockchain mainnet is just the beginning. An ambitious roadmap is in place, with plans to introduce more games, expand the ecosystem, and continuously improve the platform based on community feedback. This initiative aims to revolutionize the gaming industry and create a thriving community of passionate gamers.

About PLYR

The PLYR Subnet is a dedicated blockchain network on the Avalanche platform, optimized for the gaming industry. It offers low-cost, fast, and secure transactions, enabling seamless in-game purchases, asset transfers, and reward distributions. With a strong focus on interoperability, the PLYR Subnet integrates with over 200 blockchain networks, providing a robust and scalable foundation for cross-chain gaming experiences and innovative decentralized applications. This specialized subnet empowers developers and gamers with efficient, high-performance solutions tailored to the needs of modern gaming.

The groundbreaking launch on July 1st, 2024, marks a significant milestone in the gaming industry. The PLYR Gaming Blockchain is set to become a major player in the future of gaming, building on the successes of platforms like Gala, Immutable, and Beam.

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Chainlink Data Streams Is Live on Avalanche Mainnet With GMX V2



Chainlink, the industry-standard decentralized computing platform, Avalanche, a leading blockchain platform designed for speed, scalability, and security, and GMX, a leading onchain perpetual and spot exchange that offers deep, liquid markets for many top crypto assets, have today announced that Chainlink Data Streams has officially launched on Avalanche, with GMX as a launch partner using Data Streams to help power its decentralized perpetual exchange. Chainlink Data Streams unlocks a new generation of high-throughput DeFi markets on Avalanche.

Chainlink Data Streams is the all-in-one data solution for the DeFi market, combining low-latency market data and automated execution to unlock a new generation of ultra-fast and user-friendly high-throughput DeFi products. By supplying high-frequency market data using robust, decentralized infrastructure, Data Streams enables high-throughput DeFi products to create a seamless user experience comparable to CEXs while providing unprecedented onchain execution speed and battle-tested security infrastructure.

“We’re pleased to help power the next generation of high-throughput DeFi products on Avalanche through Chainlink Data Streams,” said Johann Eid, Chief Business Officer at Chainlink Labs. “By offering unmatched speed and resiliency, Data Streams enable DeFi protocols to provide ultra-fast, high-throughput DeFi products while maintaining the high-security guarantees of onchain finance.”

With Chainlink Data Streams, dApps have on-demand access to high-frequency market data backed by decentralized and time-tested Chainlink infrastructure. Chainlink Data Streams features a low-latency, pull-based oracle that provides a continuous stream of real-time market data, allowing dApps to pull information at any time.

“We’re excited to see Chainlink’s low-latency oracle solution on Avalanche,” said Lydia Chiu, Senior Vice President of Business Development at Ava Labs. “Chainlink Data Streams’ low-latency market data and automated execution enable Avalanche ecosystem projects to provide users with industry-leading performance facilitated by decentralized, credibly neutral Chainlink infrastructure.”

“GMX’s Data Streams integration on Avalanche mainnet is all about expanding the success of our GMX V2 launch,” said Coinflip, core contributor at GMX. “Chainlink Data Streams has meaningfully contributed to the decentralized exchange’s speed and resiliency, and we’re excited to bring those same benefits to all the traders and liquidity providers in the Avalanche community.”

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $12 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

About Avalanche

Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs.

About GMX

GMX is a leading onchain perpetual and spot exchange that offers deep, liquid markets for many top crypto assets. With its composable liquidity pools offering market-leading APRs and more than 100 DeFi integrations, GMX forms a foundational liquidity base layer for the Avalanche and Arbitrum blockchains.

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SingularityNET and OriginTrail: Advancing Decentralized Knowledge Graphs



An innovative collaboration has emerged in the AI sector, as SingularityNET, a leading AI platform developer headquartered in Zug, Switzerland, and Trace Labs, the core development company of OriginTrail, based in Hong Kong, have just announced a strategic partnership aimed at supporting the development of the Knowledge Layer – the Internet of Knowledge.

This partnership signifies that two prominent players in the AI industry have come together to support a decentralized ecosystem where AI agents and infrastructure partners collaborate within the decentralized knowledge graph (DKG) landscape.
OriginTrail is an ecosystem dedicated to building a Verifiable Internet for AI, and this partnership marks the beginning of their collaboration with SingularityNET’s leading AI platform and robust ecosystem.

In some of the key highlights of this partnership, Trace Labs is tasked with developing sophisticated infrastructure that allows for efficient access and retrieval of information stored on the DKG, tackling challenges of AI hallucinations, bias, and model collapse due to an explosion in the amount of synthetic data produced by AI. This effort is aimed at enhancing the functionality and responsiveness of the decentralized knowledge graph within the OriginTrail network.

SingularityNET will then provide users access to its decentralized platform, where specialized AI models and Large Language Models (LLMs) can be purchased and used for data analysis. These models are designed to operate seamlessly with the data supported by the OriginTrail network, fostering a more robust ecosystem. The company will also develop AI models that can be trained directly on the Decentralized Knowledge Graph. This approach helps realize the shared vision of the two partners; eliminating the need for data centralization, and leveraging the decentralized nature of the blockchain to enhance privacy and security.

Leveraging SingularityNET’s leading position in mission-critical research of Artificial General Intelligence (AGI) and Trace Labs’ experience in commercializing Web3 and AI solutions, the strategic partnership is in particular aimed at solving the real world challenges with decentralized AI within the key sectors, such as Industry 4.0, decentralized science (DeSci), real world assets (RWA), and education.

Dr. Ben Goertzel, CEO of SingularityNET, stated, “As we move from an Internet of documents, media and apps to an internet of knowledge and AI, the basic composition of the Internet as a ‘decentralized network of decentralized networks’ becomes ever more important. Both SingularityNET and Trace Labs have powerful capability to grow decentralized networks around knowledge graphs and associated AI capabilities; connecting these networks together into a cross-linked, cross-token meta-network will yield a host of different synergies enabling a broad-based boost in intelligent functionality. As a practical example: Putting together a subgraph of OriginTrail’s DKG decentralized knowledge graph covering shipping logistics, with a knowledge meta-graph living in the OpenCog Hyperon system deployed on SingularityNET covering the timing of events in various markets, one could achieve an unprecedented level of emergent knowledge in the minds of AI agents carrying out supply-chain planning and forecasting. SingularityNET’s new MeTTa-Motto tool integrating Hyperon symbolic AI with LLMs and other deep neural nets could play a critical role here. Similar examples exist in every vertical market, which gives this partnership an almost unbounded potential for economic benefit and human good.”

Žiga Drev, Managing Director of Trace Labs, added, “The benefits of AI are limitless and so are the risks, like hallucinations and model collapse as the growth in synthetic data outpaces the provision of real world data. A truly open AI that fosters inclusion and a more equitable distribution of value can only be achieved through a collaborative and modular approach. We are proud to partner with SingularityNet, founded and led by the visionary Dr. Ben Goertzel, who coined the Artificial General Intelligence (AGI). Working alongside the leading visionaries at the convergence of crypto and AI opens exciting opportunities to accelerate real-world adoption of neuro-symbolic AI, combining the power of OriginTrail Decentralized Knowledge Graph (DKG) and SingularityNET’s specialized marketplace for Large Language Models (LLMs) and other AI models.”

Both organizations will also engage in collaborative marketing and social media efforts to promote their partnership and the innovations it brings to the blockchain world, the AI industry, and the intersection of these two sectors. The two partners are also mutually exploring and plan to integrate AI services into Trace Labs’ DKG and paranets.

The partnership is about working together today to solve the challenges of tomorrow; synergizing blockchains and knowledge graphs for safe, verifiable AI that emphasizes secure and privacy-preserving mechanisms for user authentication and authorization within the knowledge layer, and ultimately ensuring all data processing by users is rooted in their consent.

About SingularityNET

SingularityNET was founded by Dr. Ben Goertzel with the mission of creating a decentralized, democratic, inclusive and beneficial Artificial General Intelligence (AGI). An AGI is not dependent on any central entity, is open to anyone and is not restricted to the narrow goals of a single corporation or even a single country. The SingularityNET team includes seasoned engineers, scientists, researchers, entrepreneurs, and marketers. Our core platform and AI teams are further complemented by specialized teams devoted to application areas such as finance, robotics, biomedical AI, media, arts and entertainment.

About OriginTrail

OriginTrail is an ecosystem building a Verifiable Internet for AI, providing an inclusive framework that tackles the world’s challenges in the AI era, such as hallucinations, bias, and model collapse, by ensuring the provenance and verifiability of data used by AI systems. OriginTrail is used by global leaders like the British Standards Institution, Swiss Federal Railways, Supplier Compliance Audit Network (SCAN), representing over 40% of US imports and several consortia funded by the European Union among others. Advised by Turing award winner Dr. Bob Metcalfe, renowned for his law of network effects, the Trace Labs team (OriginTrail core developers) plays a crucial role in promoting a more inclusive, transparent, and decentralized AI.

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Caldera launches Guardian Nodes, creating a new path for teams to raise funds and decentralize their network



  • Rollup-as-a-Service platform Caldera is launching Guardian Nodes, a production-ready node system that enables network users to verify rollup blocks for rewards.
  • HYCHAIN, the first team to leverage this system with Caldera, generated $8 million from their initial node sale.

Caldera, the leading Rollup-as-a-Service (RaaS) platform, currently powers over fifty EVM rollups (including Manta, Injective inEVM, Kinto, HYCHAIN, Treasure, and ApeChain) that secure ~$1B in total value locked.

Along with their core rollup infrastructure, Caldera offers a catalog of over 50 integrations across the modular stack and an assortment of other custom user-facing tools for chains to leverage.

Guardian Nodes are the latest addition to that list.

The Background

Today, the majority of L1 blockchains operate using a proof-of-stake model, where a chain’s participants are incentivized via network rewards to lend their stake and validate the chain.

This incentive structure fosters decentralization by encouraging individual stakers to operate honest validators, while punishing those who don’t, making for an extremely high cost to attack a network and compromise its security.

Decentralizing Rollups

EVM rollups have all but solved the scalability problem, with L2s and L3s on Ethereum enabling virtually infinite scale. But, there’s still no incentive for honest network participants to monitor these rollups.

Caldera’s Guardian Nodes allow teams to decentralize their rollups by enabling users to verify blocks and secure the network in exchange for rewards. Under the hood, this is accomplished by introducing a novel “light verifier” to Arbitrum rollups that allows Guardian Node operators to verify Nitro batches on everyday hardware without needing to run a full node.

Teams can launch Guardian Nodes to their users through a “Node Sale”, which distributes “keys” that authenticate a node’s eligibility to submit claims and earn rewards, granting purchasers the ability to operate a Guardian Node on a given rollup.

HYCHAIN, the first team to leverage this system, raised over $8m across 16,000+ node keys in just 2 weeks, completely supercharging their community while generating significant revenue for their project.

By enabling more parties to watch over a rollup and identify malicious behavior, the network’s security grows more robust— a crucial step to establishing trust in the chain’s correctness. This in turn generates more demand for a rollup’s native token, which is required for users to participate in validation and helps provide practical cryptoeconomic security for the network.

Guardians Nodes are another notch in the belt of Caldera’s impressive infrastructure solution. With the success of HYCHAIN’s launch, we expect more teams building rollups to leverage this innovative product in the coming months.

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PlayFi Announces Exclusive Node License Presale on Polygon PoS Network to Empower Gaming Innovation



PlayFi, an AI-powered data network and blockchain tailored for the gaming industry, today announced its plan to conduct an exclusive node license presale on Polygon PoS Network. This sale deployment on the Polygon network marks PlayFi’s entrance into the market, showcasing its commitment to integrating blockchain technology into the traditional gaming world.

“We believe that launching our node license presale on Polygon PoS points to a pivotal moment in how blockchain can play a role in creating renewed innovation in gaming,” said Franklin Mongiove, Head of Partnerships at PlayFi. “The blended vision of gaming and blockchain creates momentum where the two not only coexist, but can be used in tandem to create better gaming experiences. Our goal at PlayFi is to see cohesion among traditional gamers and game studios with web3, where instead of asking publishers to build on web3 rails, they build new layers with cutting-edge technology.”

Introducing PlayFi’s Modular Node License

As part of the presale, users on the Polygon PoS network will gain exclusive access to tier one pricing of PlayFi’s innovative modular nodes license, ahead of the tiered public sale coming later this summer. Node license holders will be eligible for rewards for helping run the PlayFi network by ingesting, validating and storing data from AAA and indie games in web2 and web3.

PlayFi will continue its synergy with the Polygon community by becoming the first zkSync hyperchain to join the AggLayer, creating innovation with cross-chain interactions for game builders and players.

The Technology Powering the Vision of PlayFi

PlayFi aims to revolutionize the gaming landscape by seamlessly integrating blockchain into gaming. Aimed at gaming enthusiasts, node runners, developers, and game studios, PlayFi facilitates a rich, web3-enhanced gaming experience without compromising the core gameplay of the world’s most popular games.

PlayFi enables features such as amateur esports, peer-to-peer competitions, and advanced marketplaces, scaling to meet the demands of over three billion gamers globally. It does this through two core components:

  • PlayChain: A secure, scalable, and cost-effective zkEVM blockchain specifically designed for the gaming industry. It facilitates fast transactions and enables innovative features for developers.
  • PlayBase: PlayBase is the AI-driven core of the PlayFi ecosystem, managing a decentralized network of nodes that process, validate, and store gaming data. It optimizes data uploading and inter-node communication through advanced AI technology, while a dual restaking mechanism using the $PLAY token secures the network and boosts participant incentives, ensuring robust network integrity and operational efficiency.

The PlayFi team is led by a 6x startup founder alongside builders who have impressive experience at Activision Blizzard, BumbleBear Games (developer of popular arcade game Killer Queen), Meta, BattleFly Game, and more.

About PlayFi

PlayFi is redefining gaming by integrating blockchain technology to enhance gameplay and community engagement. Through its cutting-edge PlayChain technology and AI-powered PlayBase network, PlayFi ensures a fast, secure, and scalable zkEVM blockchain solution, as well as optimal data processing and analysis tailored for the gaming industry. With a commitment to enhancing the gaming experience with web3, PlayFi is empowering developers, players, and studios across the globe to push the boundaries of innovation in an ever-evolving digital landscape and setting new standards in how games are played, developed, and monetized. For more information, visit

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Axelar Adds Interoperability to Rollkit, Delivering Interconnectivity for Thousands of Blockchains Built With Celestia Underneath



Axelar Interchain Amplifier’s Integration With Rollkit Streamlines the Creation of Interoperable Rollups, Making it as Simple as Developing any Smart Contract

The Axelar Foundation today announced an integration with Celestia Labs that will make multichain interoperability easy for sovereign blockchains built with Celestia’s Rollkit, the first sovereign rollup framework. This integration will advance the modular thesis, simplifying multichain development for thousands of new blockchains.

Celestia is the first modular blockchain network, envisioning a future with 1 million rollups. Scaling Web3 to this level with great user experience requires smart-contract capability at the cross-chain layer. Integration of Rollkit and Axelar Interchain Amplifier puts this capability into builders’ hands by introducing new interoperability toolkits that easily connect any new rollup across EVM, Cosmos, Bitcoin, Polkadot and beyond, via Axelar’s growing network of connected chains.

Making rollups interoperable across the wider web3 ecosystem

“Opportunities are emerging rapidly in new ecosystems – we’re not far from a future where one in four transactions will be cross-chain,” said Axelar Foundation co-founder and director Georgios Vlachos. “Celestia has laid out the modular vision for accelerating this path to scaling Web3. Axelar Interchain Amplifier will empower applications to make those transactions seamless for their users, no matter what blockchain they build on.”

Rollkit is the modular framework for creating rollups as sovereign chains. Serving as a community-led public good that empowers developers to forge independent communities around diverse applications, Rollkit provides the flexibility to deploy across a modular stack, facilitating rapid innovation.

Axelar network, the Web3 interoperability platform, is set to enhance Rollkit via the integration of Interchain Amplifier. Built on the Axelar Virtual Machine, Amplifier ​​makes new-chain integrations permissionless and easy, automating routing and translation across Axelar’s expansive network, which today numbers 60+ interconnected chains.

Interop Labs, the initial developer of Axelar network, will build the necessary smart contracts and tooling to effect the integration of Interchain Amplifier as a seamless interoperability path for builders developing on Rollkit. Any mainnet upgrades to Axelar network are subject to an on-chain vote, as are future new-chain connections that may be added via Rollkit, once the integration of Amplifier into Rollkit is complete.

About Axelar network

Axelar is the Web3 interoperability platform, delivering the shortest path to scale on an open stack to connect all blockchains. Adopters include Uniswap, Microsoft and dozens of natively multichain startups, building applications to reach all blockchain users at once – 10X as many active users as the leading Web3 application environment. Axelar supports smart contracts on a cross-chain layer that is open, scalable and secure. Backers include Binance, Coinbase, Dragonfly, Galaxy and Polychain.

Users can learn more here:

About Axelar Foundation

Axelar Foundation is a nonprofit established to support the growth and adoption of the Axelar network, a decentralized interoperability platform that serves multiple blockchain ecosystems. Users can learn more at

About Celestia

Celestia is a modular data availability network that makes it easy for anyone to securely launch their own blockchain.

About Rollkit

Rollkit is the first sovereign rollup framework that makes deploying any VM or application as its own sovereign chain as easy as rollkit start, reducing the time to launch a sovereign chain from what used to be months to seconds.

About Interop Labs

Interop Labs is a leading developer of blockchain interoperability technology, used by Web3 infrastructure protocols to support scaling the next generation of internet applications to billions of users. Interop Labs is the initial developer of Axelar network. Users can learn more at

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Fluid Tokens Launch First Dex for Runes



FluidTokens is proud to pioneer the first decentralized exchange (DEX) tailored specifically for Runes.

FluidTokens, a Swiss-based company, is at the forefront of transforming traditional finance through permissionless DeFi solutions. With a focus on UTXO blockchains like Bitcoin and Cardano, FluidTokens offers a diverse range of innovative financial services that empower users to leverage their assets securely and transparently.

The Runes Protocol, conceived by Casey Rodarmor, the visionary behind Ordinals, represents a significant leap forward in the Bitcoin ecosystem. Runes made their market debut on April 20, coinciding with the Bitcoin halving. The launch sparked a frenzy among investors, leading to a surge in transaction fees and record-breaking earnings for Bitcoin miners, surpassing $107 million in costs within the first week alone.

The Runes Protocol allows users to create and trade meme coins on the Bitcoin blockchain, offering alternatives to both Ordinals and the BRC-20 protocol.

FluidTokens’ DEX for Runes opens up new avenues for liquidity and trading within the Runes ecosystem, fostering a dynamic environment for investors and enthusiasts alike. By bridging the gap between traditional finance and the burgeoning world of DeFi, FluidTokens continues to lead the charge towards a more inclusive and accessible financial future.

As the leading ecosystem on both the Bitcoin and Cardano blockchains, FluidTokens is dedicated to meeting the evolving needs of the crypto community. Our platform offers a trustless and secure environment for users to access a wide array of non-custodial DeFi services, driven by community feedback and commitment to innovation.

“We’re proud to announce that we have created the first 100% permissionless lending protocol that supports Runes and Ordinals along with all the major BTC wallets. The lending protocol doesn’t need any centralised entity or layer 2 to function, thanks to our innovative BitWeave technology. We are currently working on several additional DeFi services that will run directly on Bitcoin Layer. We pride ourselves on usability of what we create and this DEX is proof of that. We’re basically giving you the experience of a Web2 exchange but permissionless,” says Matteo Coppola, CEO and Co-Founder of Fluid Tokens.

About FluidTokens

FluidTokens is the current leading ecosystem on Bitcoin and Cardano blockchains that leverages your assets to offer a world of innovative financial services. This open, trustless and secure ecosystem offers different non-custodial DeFi services for any crypto user, created following the community needs and feedback. FluidTokens is community-centric, prioritising a great user experience – listening to the community suggestions – and allowing everyone to be an active member. As the protocols are non-custodial, any user can be both a liquidity provider and a borrower! The official FluidDAO has been legally established in Switzerland, and the $FLDT token is live on MEXC and Minswap.

For more visit:

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RAIR Technologies launches RAIRprotocol – Open source infrastructure for enterprise dApp development



RAIR Technologies today announced the launch of RAIRprotocol, a fully open-source dApp protocol layer. RAIRprotocol enables the creation of scalable dApps through an open token licensing model. Smart Account, Marketplace, DRM, & NFT infrastructure all in one place. RAIRprotocol offers out-of-the-box partnerships with Alchemy and Web3Auth, as well as integrations for Filebase, Google Cloud, Hashicorp, MongoDB Atlas, Coingecko, and many more. For the first time, 88+ documented API endpoints are available for enterprises to deploy via a novel open-source token licensing model.

“One of the main reasons Web3 isn’t growing and expanding beyond Web2 is because every Web3 startup wants to be Google. To succeed, Web3 must adhere to its foundational principles: decentralization, transparency, and community involvement,” said Ed Prado, CEO of RAIR Technologies. “Large enterprises can minimize risk and gain a strategic advantage by integrating directly with our code.”

The RAIR open-source codebase represents four years and $3mm+ of proprietary development. Developers have the flexibility to utilize RAIR Technologies and RAIRprotocol together or independently, tailoring their approach to suit their specific project requirements. The 6 launch open-source microservices services include:

  • RAIRsolidity: Granular onchain NFT minting, royalty, resale, fungible token credit, and marketplace logic via ERC2535 upgradeable diamond multi-proxy contracts
  • RAIRnode: A backend to create modular API endpoints and scalable off chain cloud infrastructure.
  • RAIRfrontend: Deploying customizable mobile-first NFT marketplace frontends
  • RAIRstream: DRM-protected content with a full FFmpeg encoder/transcoder
  • RAIRsync: Specify all smart contract addresses to sync via Alchemy syncing engine
  • RAIRinfra: Full open-sourcing of RAIR cloud infrastructure tooling including Kubernetes and terraform workflows

The RAIR open token license, inspired by the Apache 2.0 methodology, requires that an NFT license be included inside the NOTICE file of derivative works. This means that any projects based on or derived from RAIR’s open-source code must include a specific NFT license notice to maintain compliance with the licensing terms.

“With RAIRprotocol, developers can build onchain starting with a fully working box. It takes years and millions of dollars to build production grade dApps. By starting with a working opensource dApp, we can 10x the speed new developers onboard to Web3.” said Garrett Minks, CTO of RAIR Technologies.

The RAIRprotocol has been in active development since 2019 as an investor-backed, heretofore proprietary enterprise SaaS product. To learn about the RAIRprotocol and RAIR Technologies’ full suite of now open-source Web3 software, please visit


RAIR Technologies enables enterprises to seamlessly navigate asset creation, DRM security, royalty tracking, and marketplace trade and execution within a secure white-label environment. RAIR is driving innovation with its open-source RAIRprotocol. RAIRprotocol fosters scalability and innovation through a distinctive token licensing model that allows full access to the underlying RAIR Technologies source code.

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Chronicle Oracles Arrive on zkSync



Chronicle Protocol is proud to announce the launch of support for zkSync. Scribe, blockchain’s first fully verifiable and cost-efficient Oracle, is live now on zkSync Era. Chronicle Protocol’s integration of zkSync unlocks decentralized, secure, and resilient price feeds for over 100 dApps already in the ecosystem.

Chronicle has launched on zkSync Era with its core Oracles, BTC/USD and ETH/USD, with more price feeds such as USDT/USD, USDC/USD, and WSTETH to follow.

“Together, Chronicle and zkSync combine the resilience of verifiable, gas-optimized, decentralized Oracles with the security and scalability of zk rollups, helping builders launch and serve their users on high integrity foundational infrastructure,” said Jennifer Senhaji, Head of BD & Growth at Chronicle.

Scribe tackles the underlying engineering problem behind the high cost of operating Oracles. The result is an Oracle that costs up to 6x less than Chainlink to update and 3.5x less than Pyth (on L1 and L2). This was achieved using Schnorr signatures – to read more about that, users can check out this research report by Token Terminal.

With Scribe’s arrival on zkSync Era, builders will immediately gain access to these huge cost-saving benefits without compromising on the security, resilience, or decentralization of the Oracle network.

Values aligned

Chronicle was the first Oracle on Ethereum back in 2017. It has long been a proponent of the “Ethereum approach”. Therefore, preserving its foundational values—freedom, self-sovereignty, and decentralization—values that both Chronicle and zkSync are built on—makes this integration a perfect fit in more ways than one. Chronicle is delighted to build together with those on the zkSync ecosystem.

The TL;DR on Scribe

Choosing an Oracle to secure a protocol and its TVL is the most important consideration of them all. With that in mind, Chronicle Protocol has prepared a short rundown of the questions every Oracle user should have definitive, verifiable answers to and how Scribe stacks up:

Where does the data come from?

Chronicle Scribe displays every data source in real-time and historically via The Chronicle, its on-chain dashboard. Users can pick an Oracle, choose a time and date on the graph, and click the drop-down arrow on any validator to see which exchanges were queried for the price data.

Oracle providers that use low volume and low liquidity exchanges or liquidity pools for data sources are the reason behind most DeFi protocol attacks. Every Oracle protocol should provide complete data source transparency to their users, and in a cryptographically verifiable way – not merely through words and images. Users are encouraged to seek verification rather than relyingsolely on trust.

How many validators or signers does the protocol have?

At Chronicle, protocol actors are referred to as validators. Other providers might call them signers or Oracles. These actors operate the nodes within the protocol that attest to the integrity of the reported data, such as the price of BTC/USD at a specific time.

This is how to establish truth in an Oracle network. Enough of these nodes must report back with the requested data to develop a consensus. However, if a bad actor can gain control of the majority of these nodes, they can manipulate the reported data. Therefore, the more validators or nodes an Oracle protocol has and the more distributed (or decentralized) they are, the more secure it is from being hacked.

Using The Chronicle, anyone can see who Chronicle Protocol’s validators are, which cryptocurrency pairs or Oracles they are sourcing data for, and when their reported data was last updated.

Scribe is the first Oracle design to pioneer the use of Schnorr signatures. This allows Chronicle Protocol to scale to an unlimited number of validators. No other Oracle protocol can achieve this as they all use an implementation of ECDSA that has a linear relationship between the number of validators and the cost of operating the Oracle.

Oracle networks constructed in this way must keep validator or signer numbers low to maintain a lower operating cost, sacrificing better security and decentralization.

Who are the protocol validators or signers

Knowing the identity of the validators is just as important as the total number. This is because an actor running a node can report any data they please. For example, they could have the node report that BTC is worth $10,000 when the market value is $40,000, creating an attack vector and draining the DeFi protocol the Oracle ‘secures.’

Therefore, decentralized and distributed nodes should be at the top of your Oracle provider shopping list unless you want your Oracle provider to have the power to drain your project. Right now, more than one Oracle provider runs all or the majority of its protocol’s nodes themselves, securing millions of dollars of TVL. Nothing stops them from draining your project if they get compromised. This is the risk of using a centralized Oracle.

At Chronicle, all of our validators are distributed and identifiable, and many are operated by well-known brands with a good reputation and track record—projects such as MakerDAO, Infura, Gnosis, Gitcoin, Etherscan, and DeFi Saver. Our goal is to create a validator community of some of the most used protocols in the space, creating a positive feedback loop of increasing security and decentralization.

What does it cost to operate the Oracles?

Oracles are very gas-hungry. For example, every time the BTC/USD Oracle (or Feed) updates to the latest price, this has a gas cost as it is required to post the result on-chain. Regardless of L1 or L2, the more updates, the more cost, and the Oracle provider shoulders that cost. Therefore, many Oracle providers look to update the data less frequently. This creates stale data and opens up opportunities for arbitrage, with both the Dapp and the user of the Dapp losing out.

With Scribe, we have tackled the underlying engineering problem behind the high cost of operating Oracles. The result is an Oracle that costs up to 6x less than Chainlink to update and 3.5x less than Pyth (on L1 and L2). This was achieved using Schnorr signatures – to read more about that, check out this research report by Token Terminal.

About Chronicle Protocol

Chronicle Protocol is a novel Oracle solution that has exclusively secured over $10B in assets for MakerDAO and its ecosystem since 2017. With a history of innovation, including the invention of the first Oracle on Ethereum, Chronicle Protocol continues to redefine Oracle networks. A blockchain-agnostic protocol, Chronicle overcomes the current limitations of transferring data on-chain by developing the first truly scalable, cost-efficient, decentralized, and verifiable Oracles, rewriting the rulebook on data transparency and accessibility.

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