Connect with us

Blockchain

Sikurphone: A Mobile Phone Secure Enough to Store Cryptocurrency?

Published

on

It’s common knowledge in the cryptocurrency community that storing Bitcoin on a mobile device is a bad idea. Sophisticated hackers have come up with increasingly elaborate methods to compromise the security of mobile phones and once inside, it’s no challenge for them to export private keys and drain wallets. The brains behind SikurPhone believe they’ve created a device secure enough to make these concerns a thing of the past, however.

SikurPhone: Secure Enough for the Crypto Generation?

The device that launched earlier today has been built with security in mind. Known as the SikurPhone, it features a built-in digital currency wallet and various features to heighten its security in an age of increasing hacker sophistication.

The phone itself is based on a custom version of Android version 7.0. In terms of the device’s specification, it’s unlikely to impress those who are used to the highest end mobile phones around though. It features a 5.5-inch Full HD screen, a MediaTek MT6750 processor, 4GB of Ram, 64GB of storage, a 2,800mAh battery, and a 13-megapixel camera. Hardly groundbreaking stuff.

However, the SikurPhone isn’t designed for the average user. Despite being an Android device, it lacks access to the Play Store and will not run applications that have not been pre-approved by Sikur. It has a stripped-back, professional look to it that should appeal to the target market of business and government users stated on the company website.

The Chief Operating Officer of Sikur, Alexandre Vascncelos, spoke to a reporter from Mashable at Barcelona’s Mobile World Congress about the enhanced security features of the device:

“If you lose your phone, we can remotely wipe it for you. You can get a new one, log in, and your funds will be safe, as your private keys are stored in our cloud.”

Alarm bells should be sounding in the heads of our savvier readers about now. Did he say “stored in our cloud”? Surely that presents the same security risks as leaving cryptocurrency at any exchange and therefore at the mercy of hackers.

Vasconcelos feels otherwise, however. Sikur have recently hired a team of friendly hackers to try and compromise their security. HackerOne, as the company are known, “were unable to penetrate [Sikur’s] defenses.”

The SikurPhone isn’t the only mobile device targeting the cryptocurrency and other security conscious markets. Last year, Sirin Labs launched the Finney smartphone. It represents the first in the company’s line of blockchain-based consumer devices.

The SikurPhone can be pre-ordered now and is expected to ship in August. It’s priced at $799. The company accept payments via BitPay and PayPal.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Blockchain

Babylon Labs Collaborates with Fiamma to Build Trust-Minimized Bitcoin Bridges

Published

on

Fiamma, a pioneer in BitVM2 technology, has secured strategic investment from Babylon Labs to advance the shared vision of a Bitcoin-secured decentralized world. The initiative focuses on developing the software solution for the first Trust-Minimized Bitcoin Bridges to cosmos chains in the ecosystem. These bridges achieve unparalleled security by pioneering the integration of zero-knowledge technology into Bitcoin through the innovative BitVM2 paradigm. This effort aims to unlock the untapped potential of 21M BTC, enabling Bitcoin to transcend its traditional limitations and interact seamlessly with other ecosystems.

This integration is more than just a bridge—it’s a step toward redefining Bitcoin’s utility and efficiency within the digital economy. By enabling innovative solutions built on Bitcoin’s inherent strengths, the collaboration sets the stage for breakthroughs that will reshape how Bitcoin is utilized across programmable blockchains and beyond.

Fiamma: BitVM2 Pioneer

In November 2024, Fiamma launched the alpha testnet for Fiamma Bridge, the first BitVM2-powered trust-minimized Bitcoin bridge, along with the devnet for Bitcoin’s first ZK verification layer utilizing BitVM2. These groundbreaking innovations mark the first implementations of BitVM2, a technology that not only scales Bitcoin but also enables seamless, pragmatically trustless interactions with other programmable blockchains.

Fiamma has pioneered the development and implementation of the most efficient and compact verifiers in Bitcoin Script, including Fflonk and Groth16, setting a new standard for optimized ZK verification. This achievement lays the foundation for future advancements in ZK technology, with a commitment to further innovation and refinement.

Babylon Protocol: The Leading Trustless Bitcoin Staking Solution

Babylon Labs, which develops software solutions enabling new native use cases for Bitcoin, including Bitcoin’s largest staking protocol with over 57,000 BTC staked through it (equivalent to $6 billion in TVL), is helping transform the perception about Bitcoin’s utility through this novel trustless staking technology that allows Bitcoin holders to mobilize their BTC to secure other proof-of-stake systems while receiving additional programmatic rewards.

Key Milestones in the Integration

After months of technical discussions and collaboration, the two teams have outlined two key milestones for their integration:

  1. Trust-Minimized Bridge: A transformative solution that activates BTC’s asset potential, providing holders with more options and trustless participation in DeFi, PayFi, and other use cases on any chain without security concerns.
  2. Future Innovations Beyond the Bridge: Building on the foundation of the Trust-Minimized Bridge, the integration is designed to pave the way for advanced solutions that enhance Bitcoin’s utility and capital efficiency, unlocking its role in the broader financial and decentralized landscape.

The integration will initially focus on developing the Trust-Minimized Bridge, combining the strengths of both parties to create high-impact, high-quality solutions that set a new standard for Bitcoin-based interoperability.

Trust-Minimized BTC Bridge

Based on the BitVM2 paper, the definition of “Trust-Minimized” is the existence of one active rational operator and rational challengers.

This means that:

  1. As long as there is 1 honest challenger, the safety of the Bridge is established;
  2. As long as there is 1 honest operator, the liveness of the Bridge is established.

Based on this trust assumption, Fiamma and Babylon Labs are working together to research and develop software for a Trust-minimized bridge by ensuring users retain custody of their assets, with the following parameters:

  1. Peg-In (Deposit) Safety: If the B-BTC is minted on Babylon chain, then the same amount of BTC has been locked on the Bitcoin network
  2. Peg-In Liveness: If the user has locked some amount of BTC on the Bitcoin network following the bridge protocol, then the user can self-mint the same amount of B-BTC on Babylon chain within a finite known time bound.
  3. Peg-Out (Withdraw) Safety: If the BTC is unlocked on Bitcoin, then the same amount of B-BTC has been burnt on the Babylon chain
  4. Peg-Out Liveness: If the user has burnt some amount of B-BTC on Babylon chain following the bridge protocol, then the user can unlock the same amount of BTC on the Bitcoin network within a finite known time bound.

The system leverages the following key components to ensure the above security properties.

Sidechain Modules:

  • On-Chain Bitcoin Light Client
  • Bridge Contract
  • Wrapped BTC Contract

Bitcoin Modules:

  • ZK Light Client Networks (Bitcoin & Sidechain)
  • BitVM2-based Snark Verification on Bitcoin
  • BitVM2 Transaction Graph

Off-Chain Module:

  • Event Monitor
  • Relayer Network
  • Multi-Operators
  • Fungible Liquidity Provider
  • Permissionless Challenge
  • Proof Generation
  • Proof Aggregation

For detailed information on the bridge’s architecture and security, check out our docs and stay tuned for our upcoming blog series.

About Fiamma

Fiamma is unlocking real-world use cases for Bitcoin, transforming it into a dynamic asset and the foundation for a decentralized internet and financial system. Backed by Lightspeed Faction and L2IV, Fiamma leads innovation with the Fiamma Bridge and Fiamma Layer, the first products to implement BitVM2. These foundational technologies are just the beginning, as Fiamma continues to develop protocols that expand Bitcoin’s potential across programmable blockchains and real-world applications. With a growing network of strategic partners, including Babylon, BOB, Satlayer, and RiscZero, Fiamma is shaping the future of decentralized systems.

About Babylon Labs

Babylon Labs focuses on Bitcoin security-sharing protocols with a vision of building a Bitcoin-secured decentralized world. The latest software development is the world’s first trustless and self-custodial Bitcoin staking protocol, which enables Bitcoin holders to stake their BTC on other decentralized systems such as PoS chains, L2s, Data Availability (DA) layers, etc, enabling stakers to receive staking rewards without the need for third-party custody, bridge solutions, or wrapping services. The greater idea is to combine the high security and wide adoption of Bitcoin with the efficiency and scalability of PoS systems, increasing Bitcoin’s utility.

Continue Reading

Blockchain

Emperor DEX Announces its Launch on the 15th of January 2025

Published

on

Emperor DEX is set to launch on the 15th of January 2025. Emperor DEX is a revolutionary decentralized exchange on Solana that sets new standards for transparency, functionality, and community rewards. Built by traders for traders, it’s more than just a platform—it’s a hub for advanced tools, real-time analytics, and a community-first approach. With Emperor DEX, the majority of profits flow back to the users through innovative tokenomics and $PEN rewards, redefining what a DeFi ecosystem can achieve.

Key Features:

  • Real-time trading tools: Solana Heatmaps, Whale Alerts, and Token Lifecycle Predictions. 
  • Community-centric rewards: NFTs with fee discounts, reward boosts, and profit-sharing. 
  • Low fees, advanced functionality, and unparalleled transparency to elevate your trading experience.

Recent Milestones

  • Core DEX features complete, beta demo live.
  • Developed NFT utility for fee discounts and rewards for locking in tokens.
  • Partnerships established with influencers and crypto communities.
  • Active community growth

About the Team:

Our team consists of blockchain pioneers with contributions to Cosmos, Hedera, Nexo, and Ethereum. With expertise in building arbitrage bots, trading algorithms, and DeFi platforms since 2018, we previously developed PokerStars’ first crypto casino, later acquired post-launch. Emperor is our first community-driven project, aimed at redefining DEX functionality.

Launch Details:

  • ICO Date: January 15th, 2025 https://linktr.ee/emperordex
  • CEX Listing: Planned for the end of January/beginning of February 2025. Mexc, Bitget, Gate.io and Bitmart.
  • TGE: Immediately after ICO.

Partners & Backers:

Strategic partnerships with Solana-focused communities, influencers, and advisory support from blockchain veterans tied to Binance, Nexo, and Hedera.

Launchpads:

  • Pinksale (confirmed)
  • Kommunitas (confirmed)
  • Additional platforms to be announced

Tokenomics:

  • Total Supply: 500M $PEN
  • ICO Price: $0.06 
  • Community Rewards: 71% 
  • Vesting: Designed for long-term stability.

Available Materials:

Whitepaper: https://wp.emperor.so/
Documents: https://docs.emperor.so/

Connect with us:
Telegram: https://t.me/emperordex
Twitter: https://x.com/Emperoronsol
Instagram: https://www.instagram.com/emperor.dex/
Linktree: https://linktr.ee/emperordex

Continue Reading

Blockchain

AMBER Mining launches new cloud mining program for cryptocurrency enthusiasts to earn free Bitcoin

Published

on

Amber Mining has emerged as a game-changer in the cloud mining industry with its announcement of FCA-regulated mining contracts. This significant development ensures that cryptocurrency investors can participate in mining with greater transparency and security, backed by the stringent oversight of the UK Financial Conduct Authority (FCA).

A Milestone in Cloud Mining

Amber Mining’s FCA compliance marks a pivotal shift in the cryptocurrency mining landscape. With this move, the platform addresses common industry concerns such as fraud and lack of accountability, creating a reliable space for investors to explore cryptocurrency mining.

Amber Mining CEO stated: “The introduction of FCA-regulated contracts underscores our commitment to protecting investors while driving innovation in the cryptocurrency mining space. We aim to set a new standard for security and trust in the industry.”

Features of Amber Mining

Amber Mining combines cutting-edge technology and strict compliance measures to offer unparalleled services to its users. Key features include:

  • Global Operations: Over 100 mining centers worldwide ensure extensive service coverage.
  • Advanced Hardware: Partnerships with manufacturers like Bitmain, Canaan, and Nvidia ensure efficient mining operations.
  • High Hashrate Management: The platform operates with over 10 EH/s capacity, delivering significant mining efficiency.
  • User-Friendly Design: The platform eliminates the need for users to manage hardware or software, making it ideal for both novice and experienced miners.
  • Expert Support: A dedicated team of blockchain engineers ensures smooth technical operations.
  • Consistent Earnings: Earnings are automatically credited every 24 hours for a stable income stream.

Getting Started with Amber Mining

Using the Amber Mining platform is straightforward:

  1. Register on the Platform: Sign up in minutes and receive $12 immediately as a welcome bonus.
  2. Choose a Mining Contract: Select from various tailored contracts based on your budget and goals. Contracts range in duration and profitability, catering to diverse investment strategies.
  3. Start Profiting: Activate your chosen contract and let the system manage the mining process. Track your earnings through the platform’s intuitive dashboard and withdraw your profits as needed.

Amber Mining Contract Options

Below is a summary of the available contracts:

6 1 2025 2

Conclusion

Amber Mining’s FCA-regulated contracts set a new benchmark in the cloud mining industry. By offering transparency, regulatory assurance, and cutting-edge technology, the platform empowers investors to navigate the complexities of cryptocurrency mining confidently. With global reach, user-friendly operations, and consistent earnings, Amber Mining is poised to become a leading force in the cryptocurrency mining sector.

For more details, please visit https://ambermining.com

Continue Reading

Blockchain

BCH Miner Launches Accessible Cloud Mining Solution for Crypto Enthusiasts

Published

on

BCH Miner’s user-mode cloud mining platform enables you to mine multiple cryptocurrencies, not just Bitcoin. You get rewards in popular currencies like ETH, BCH, or LTC for the price of expensive hardware.

As the cryptocurrency landscape continues to grow, cloud mining has become a popular way for individuals to participate in cryptocurrency mining, consuming a large upfront cost. By using processing power from rental platforms such as BCH Miner, you can participate in Bitcoin mining and potentially receive daily rewards in a variety of cryptocurrencies. BCH Miner makes it incredibly easy to explore cryptocurrency mining and its cryptocurrency income potential with its free cloud mining plans.

What is cloud mining?

Cloud mining provides a convenient way to mine cryptocurrencies without the cost of expensive hardware and expertise. Users rent hashing power from data centers, contribute computing resources to verify blockchain transactions, and receive cryptocurrency rewards. It’s like owning a stake in a digital mine without the hassle of managing equipment or complex setup.

Start your BCH Miner mining journey: New user rewards and investment plans

Step 1: Choose a reliable cloud mining project

BCH Miner was founded in Newport, UK in 2016 and has been operating steadily for 8 years.

BCH Miner offers flexible plans, from short-term to long-term contracts, with different levels of hash power and potential rewards, supporting popular cryptocurrencies

Benefits

  • Sign up and get a $10 bonus instantly.
  • High profitability levels and daily payouts.
  • Affiliate program allows you to refer friends and get up to 5% bonus
  • Consumes additional service fees or management fees.
  • Offers 100% uptime guarantee and good 24/7 technical support.

Step 2: Choose your mining plan

Once you’ve chosen your platform, explore the different available mining plans. Consider your budget and risk tolerance when choosing. BCH Miner offers plans to suit a wide range of budgets, so you can find one that fits your needs.

Step 3: Start mining and earn rewards

Once you’ve chosen your plan, BCH Miner will take care of the technical aspects of mining. You don’t need to worry about hardware maintenance or managing complex software. Just sit back, relax, and potentially earn rewards for your chosen cryptocurrency.

Conclusion

Cloud mining with BCH Miner is a beginner-friendly way to explore the world of cryptocurrency and potentially generate passive income. With its free tier, flexible plans, and referral program, BCH Miner is an excellent platform to start your cryptocurrency journey!

For more information about BCH Miner, please visit its website: https://www.bchminer.com/

Continue Reading

Blockchain

Inkan.link Debuts at CES 2025 with Revolutionary Anti-Fraud Solution as Business Email Compromise Reaches $5B Annual Loss

Published

on

In its first-ever CES appearance, European deeptech pioneer Inkan.link unveils Sealfie, a groundbreaking solution to combat the escalating Business Email Compromise (BEC) crisis that costs businesses $5 billion annually. Forget complex security protocols – Sealfie turns a simple selfie into an unbreakable chain of evidence. Multiple attestations work silently in the background while executives simply snap and approve. If it’s not this easy, question why.

“When criminals can perfectly imitate your CEO’s voice and writing style for less than $400, traditional fraud prevention becomes obsolete,” explains Nicolas Thomas, Inkan.link’s founder and 25-year enterprise technology veteran. “Sealfie’s approach is revolutionary in its simplicity – if your CEO won’t take a selfie to approve a major transaction, they’re probably an impostor.”

The strategic partnership between Inkan.link and https://ShareID.ai/, announced at CES, marks a new era in business transaction security. By combining our technologies, we’ve created a seamless verification ecosystem where multiple expert teams work silently in the background while users enjoy a remarkably simple experience. When suspicious activity occurs, IT professionals from both companies spring into action – no user training required, just instant expert protection.

The fraud landscape has fundamentally changed: WormGPT now enables criminals to create flawless CEO impersonations for $100/month, rendering traditional security checks useless. Sealfie (https://sealf.ie/en) meets this challenge with state of the art protection wrapped in consumer-grade simplicity.

Accessible globally through major app stores, our solution deploys instantly and scales effortlessly. Organizations can start protecting their transactions immediately with our €95/month per user subscription, while enterprise clients benefit from customized solutions that complement existing processes.

“Traditional security training tells users what they did wrong. We empower IT professionals to actually help users prevent fraud before it happens.”

Visit Inkan.link Booth Venetian Expo, Hall G – 60711 for:

  • Live demonstrations of Sealfie technology
  • Enterprise integration consultations
  • Investement opportunity
  • Discover Sealfie and deepfake-proof your business finances

About Inkan.link

Inkan.link is a European deeptech pioneer that builds deepfake-proof digital services, with its first solution Sealfie protecting enterprises from Business Email Compromise epidemic. Nicolas Thomas and backed by the L3i Laboratory’s anti-fraud expertise, we’ve developed patented blockchain technology that makes legitimate transactions unquestionably authentic through multi-source verification.

Media Resources:
BEC Fraud Analysis: https://inkan.link/en/posts/blog-bec-5billions-annum-scam/
Case Studies: https://inkan.link/en/posts/blog-save-accountant-ryan/
UNO/ITU-T speech on AI for good: https://inkan.link/en/posts/news-itu-t-workshop-securing-ai/
VIPRE’s Email Threat Trends Report: Q3 2024: https://vipre.com/resources/q3-2024-email-threat-report/
BEC is the new weapon of choice https://www.darkreading.com/cloud-security/business-email-compromise-bec-impersonation-the-weapon-of-choice-of-cybercriminals

Continue Reading

Blockchain

Zeko Boom Testnet Contest Launches: Driving User Growth Ahead of Mainnet

Published

on

Zeko Labs (https://zeko.io/) is thrilled to announce the kickoff of the Zeko Boom Testnet Contest, an unprecedented event designed to turbocharge user engagement and growth as we sprint towards Zeko protocol mainnet launch in early 2025. Participants will have the chance to earn substantial points, validation and more, while stress-testing a platform that promises to redefine computational efficiency and privacy in the blockchain space.

Get Started Booming, the Zeko Way

Whether you’re a seasoned degen or an enterprise looking to dip your toes into zero-knowledge tech, there’s a place for you in Zeko Boom! Earn bonus points for your wallet by completing step #1 before the official contest start date.

  1. Prepare: Download the Auro wallet browser extension (https://www.aurowallet.com/), Install Zeko testnet (https://docs.zeko.io/for_end_users), and Faucet your account (https://zeko.io/faucet)
  2. Engage: Complete quests, use Zeko testnet, explore features, deploy dApps & bootstrap adoption, provide feedback to shape the future of the protocol.
  3. Compete: Accumulate points and climb the leaderboard to claim your rewards.

Zeko is the Solution

The Zeko Boom Testnet Contest sets the stage for the much-anticipated Zeko mainnet launch. The Zeko zero-knowledge blockchain protocol allows enterprises and developers to build and scale their new Web3 business in a modular manner, keeping certain aspects private while allowing compliant access to the global blockchain market. Zeko is the operating system enabling unlimited off-chain client-side compute and appchain rollups that support hyperscaling, data privacy, permissioned architecture and KYC.

Enterprises only need to submit a proof that their off-chain computation is correct, and this can be verified by any other network actor without revealing sensitive underlying information. On-chain contracts are written in typescript, a widely known and secure enterprise programming language, and cryptography is done with a simple API.

In today’s culture of eroding public trust, Zeko’s zero-knowledge technology is the foundation of the next-generation internet, paving the way for Connecting Web3 to the World.

Stay up to date by following @ZekoLabs and @ZekoProtocol on X and visit our website at https://zeko.io/ to get involved.

Continue Reading

Blockchain

Graphite Network Launches Next-Gen Blockchain With Passive Income for Node Operators and Trust-Based Security

Published

on

Graphite Network has introduced a next-generation Proof-of-Authority (PoA) blockchain utilizing the Polymer 2.0 algorithm that converges traditional finance (TradFi) with the capabilities of Web3. Its unique features like income generation through Entry-Point Nodes—an industry first—along with a reputation-based scoring system and a secure, multi-layered KYC process enhance both user trust and active participation in the blockchain ecosystem.

Income from Entry-Point Nodes

Unlike other blockchains, where revenue typically relies on tokens or external monetization, Graphite enables entry-point (transport) node operators to earn passive income directly from transaction fees routed through their nodes.

By running a node, operators contribute to the network’s activity and earn 50% of the fees from transactions passing through their nodes, with the remaining 50% going to the block sealer. This means that enterprises, startups, and developers can now generate passive income from the network without taking on large-scale validator roles, lowering barriers to blockchain integration.

Enhanced Trust and Privacy Through Reputation-Based System

Graphite’s blockchain is designed around a reputation-based architecture, providing users with a secure and trustworthy environment that respects both privacy and transparency.

“For many people, crypto still feels uncertain—there’s a lack of trust, fears of financial loss, and concerns about scams,” said Marko Ratkovic, the CTO at Graphite Network. “While this is a complex problem, Graphite marks a huge step forward in blockchain evolution by merging blockchain technology with a trust-based, inclusive financial model that enables both TradFi and Web3 users to participate securely.”

To support this model, Graphite has introduced the ‘One User, One Account’ policy, requiring users to activate their accounts with a small setup fee. This measure helps to prevent the creation of numerous disposable wallets often used for suspicious transactions.

Among other reputation-centric features, Graphite will implement a multi-tiered KYC framework, initially offering social media authentication as the first level, with additional verification levels planned for a later release. All interactions with the respective KYC center are conducted off-chain, meaning private data remains secure while still meeting transparency requirements.

Each user’s reputation is represented by the Trust Score, which is influenced by a set of parameters, including the KYC verification level. These metrics collectively help identify and filter out transient or fraudulent activities by a user or an entity in order to support secure, reputation-based interactions across the blockchain.

Graphite will also allow businesses to develop their own customized, reputation-based smart contracts to tailor services to specific user criteria. For instance, a bank could create a unique smart contract to offer loans only to individuals who meet predefined reputation standards, such as creditworthiness or account longevity, in line with the bank’s regulatory and business requirements. In this way, Graphite can serve as a blockchain for bank compliance as its functionality and potential far exceed those of other blockchains.

Additionally, users will have the flexibility to set transaction filters based on KYC levels, enabling them to block interactions with accounts that don’t meet their preferred verification standards. Targeted jurisdictional filtering options are also in the pipeline to provide additional flexibility for businesses facing regional regulatory constraints.

Graphite is committed to maintaining privacy and reasonable anonymity—core values for most blockchain users. The Graphite Trust Score is stored on-chain while private user data remains off-chain. In this way, Graphite’s data requirements are far less intrusive than those required by traditional financial institutions, which often lead to user data being leveraged for sales purposes. In contrast, Graphite is implementing a Zero Knowledge Proof (ZKP)-based KYC system to verify information without accessing or sharing private data.

High-Performance Transactions and Seamless Integration for Mass Adoption

Geared towards mass adoption, Graphite’s transaction model offers both speed and scalability, processing up to 1,400 transactions per second (TPS) with confirmation times under 10 seconds to support high-volume usage. This far outpaces Ethereum’s 15-20 TPS.

Due to its high TPS capacity, Graphite’s network fees are predictable and stay close to the minimum, allowing users to plan their expenses with confidence.

Meanwhile, compatibility with the Ethereum Virtual Machine (EVM) enables seamless integration of existing Solidity smart contracts, allowing developers to migrate applications to Graphite easily and benefit from its PoA efficiency.

About Graphite Network

Graphite Network is a PoA Polymer 2.0 blockchain platform designed to bring the advantages of TradFi into the Web3 world. Built with a focus on sustainability and reputation, Graphite combines transparency, efficiency, and privacy to create a secure ecosystem for users and developers. The Graphite ecosystem offers Graphite Wallet for feature access and KYC, Graphite Bridge for cross-network interoperability, and Graphite Explorer for real-time blockchain data analysis. Developers also benefit from comprehensive API Documentation for easy application integration and a Faucet for Testnet Funds to support experimentation.

Website: https://atgraphite.com/
X: https://x.com/GraphiteNetwork

Continue Reading

Blockchain

$500M of Global PayFi Transaction Scales with Credible and Plume

Published

on

Plume Network is proud to partner with Credible Finance, a full-stack payment financing platform within the Plume ecosystem, as they gear up to process $500 million in payment transactions by December 2025. Leveraging Plume’s modular RWAfi L1 blockchain infrastructure, Credible is a full-stack PayFi protocol that combines stablecoins, debt tokenization, and advanced AI-driven credit scoring. They are backed by prominent investors such as Outlier Ventures, BitSwiss Capital, and Circle, Credible is at the forefront of transforming decentralized finance. As they continue to innovate and expand, Credible is also actively raising their seed round, further strengthening their foundation for global impact.

As a strategic partner, Plume is deeply integrated within Credible’s infrastructure. From empowering their native credit scoring mechanisms to supporting their validator oracle network and incorporating their yield-generating products across Nest and various Plume-based lending protocols, this partnership is a cornerstone of Plume’s commitment to decentralized finance innovation.

Credible’s full-stack platform is designed to address the complexities of payment financing with a comprehensive approach:

  • DeFi for Collateral Management: Ensures full transparency in collateral handling, preventing issues similar to those seen with Celsius and BlockFi. This secures borrower assets while maintaining trust and accountability.
  • Licensed Framework: Operates in compliance with payment, lending, and crypto regulations, tailored to fit the needs of borrowers and the jurisdictions they operate in.
  • Fintech App: A seamless platform enabling fiat borrowing and repayment for end-users. Additionally, Credible provides an SDK for fintech developers to build custom solutions on top of their infrastructure.
  • Oracle AI for Reputation Building: Aiming to transition from overcollateralized to undercollateralized and eventually no-collateral loans, Credible’s AI-powered Oracle integrates a credit scoring model akin to FICO. This system builds on-chain reputations for borrowers by assessing wallet activity across DeFi platforms.

Transforming PayFi with Decentralized Innovation

Credible Finance’s PayFi solutions span invoice payments, payroll, card top-ups, and BNPL offerings for retail and institutional users alike. These services, built on Plume’s robust blockchain foundation, are designed to deliver a seamless and secure transactional experience.

Credible Finance is building an advanced oracle stack designed to revolutionize on-chain credit scoring and reputation systems. This AI-powered oracle leverages a credit scoring model akin to FICO, aggregating wallet and transactional data across DeFi platforms, including those outside Credible Finance, to create transparent, unbiased credit assessments. With a long-term vision of transitioning from overcollateralized to undercollateralized and eventually no-collateral loans, this system enables borrowers to establish robust on-chain reputations. Governed by a coalition of partners like Credora, Brickken, DeFactor, and BitSwiss Capital, Credible’s oracle stack exemplifies innovation in secure, scalable DeFi infrastructure.

Supporting the Next Frontier of DeFi-Powered Financing

Plume is collaborating with Credible Finance to advance their long-term vision of decentralized, AI-driven credit solutions. By integrating Credible’s products across Nest, Plume is enabling smooth participation in yield-generating opportunities and enhancing accessibility to under-collateralized and no-collateral loans.

“Credible is setting a gold standard for what PayFi can achieve in the decentralized finance space,” said Chris Yin, CEO of Plume Network. “Their success is a testament to the robustness of Plume’s RWAfi infrastructure to drive transformative solutions that are global, scalable, and user-centric.”

A Shared Vision for Global Impact

Credible has facilitated $6 million in USDC loans over the past three months since its private launch, showcasing strong early adoption and operational efficiency. These transactions, executed on a live network, underscore Credible’s ability to deliver impactful and scalable financial solutions. Operating out of Abu Dhabi, Credible is actively expanding its presence in key markets, including Singapore, India, Brazil, and the Philippines, positioning itself for significant growth and success as it prepares for its mainnet launch.

Looking Ahead: A Future of Decentralized and Transparent Financial Services

Plume’s collaboration with Credible underscores its commitment to supporting innovative DeFi solutions that enable liquidity, efficiency, and trust at scale. With a target of $500 million in transactions by 2025, Credible is not only a testament to the transformative potential of PayFi but also a beacon of what’s possible when visionary platforms like Plume and Credible come together to reshape global financial systems.

About Credible

Credible Finance is a full-stack payment financing platform that offers invoice payments, payroll, card top-ups, and Buy Now Pay Later (BNPL) solutions. Serving both institutional and retail users, the platform provides businesses with access to liquidity without needing to liquidate their crypto holdings. With a focus on AI-driven credit scoring, stablecoin lending, and debt tokenization, Credible Finance is building a decentralized financial infrastructure that is secure, efficient, and fully compliant with global regulatory standards. For more information, visit www.credible.finance or follow https://x.com/crediblefin

About Plume

Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real-world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs. Learn more at https://www.plumenetwork.xyz/

Continue Reading

Blockchain

Matchain reaches 100 million transactions in record time

Published

on

Matchain, the pioneering AI blockchain built on BNB Chain, has achieved a remarkable milestone of 100 million+ transactions just three months after its mainnet launch, demonstrating unprecedented growth in blockchain adoption and utility.

Record-breaking growth

This achievement showcases Matchain’s powerful infrastructure and growing ecosystem:

  • 16 million+ Total Unique Active Wallets (UAW)
  • Ranked among Top 5 blockchains on DappRadar by UAW
  • Partnerships with 60+ innovative projects
  • 12 million+ Telegram community members

Driving mass adoption through strategic partnerships

Matchain’s growth has been driven by key partnerships across multiple sectors. These partnerships show how the platform brings Web3 technology to new users through real-world applications.

Paris Saint-Germain (PSG)

Matchain’s partnership with PSG as their Exclusive Digital Identity Partner connects Web3 technology with over 150 million football fans worldwide. The establishment of a Joint Innovation Studio is developing innovative Web3 experiences that transform how fans interact with their favorite team.

The partnership provides fans with unprecedented control over their digital interactions while giving Matchain prominent exposure through stadium advertising, exclusive content creation opportunities, and access to PSG’s influential social media presence.

Dmail Network

The integration with Dmail showcases Matchain’s ability to drive adoption. By establishing itself as Dmail’s third-largest chain and driving approximately 20% of their overall traffic, Matchain has outperformed established industry leaders including Base, Solana, Ethereum, and Arbitrum.

This success demonstrates how Matchain can significantly boost adoption rates for decentralized applications while providing user-friendly experiences.

Gaming sector

Gaming partnerships highlight Matchain’s capability to handle high-volume transactions at scale. Leading projects like LOL have achieved remarkable success on the platform, drawing over 2 million active users and processing over 24 million transactions in just 30 days.

This performance has earned LOL the #1 rank by UAW for blockchain games on DappRadar, proving that Matchain’s infrastructure can support intensive gaming applications while maintaining optimal performance and user engagement.

Recognition by BNB Chain

Further validating Matchain’s innovative approach, BNB Chain has selected Matchain for its prestigious Most Valuable Builder (MVB) Program Season 8. The program, backed by BNB Chain Innovation, Binance Labs, and CoinMarketCap Labs, provides comprehensive support to accelerate Matchain’s development of AI-powered identity solutions. This strategic backing will enhance Matchain’s platform capabilities while supporting its rapid ecosystem expansion.

Looking Forward

Matchain is aggressively expanding its ecosystem in 2025 through several key initiatives:

  • Launching enhanced developer tools and SDKs to accelerate project integration
  • Extending reach across additional sectors through new strategic partnerships
  • Transforming user interaction through innovative AI-powered features
  • Enabling seamless transactions with expanded cross-chain capabilities
  • And many more exciting initiatives!

About Matchain

Matchain is a blockchain platform that offers advanced AI-driven decentralized identity solutions. It ensures privacy, security, and control over personal data, allowing users to own and monetize their digital information within a secure ecosystem.

Continue Reading

Blockchain

Compliance Meets Scalability: Plume Integrates ERC-3643 for RWA Solutions

Published

on

Plume, a modular and composable layer-1 blockchain network purpose-built for real world asset finance (RWAfi), has joined the ERC-3643 Association. This strategic move brings the ERC-3643 standard, widely regarded as the benchmark for compliant RWA tokenization, to the Plume ecosystem. As institutions increasingly embrace tokenized assets, the integration positions Plume as an enabler of scalable, regulation-ready infrastructure for RWA tokenization across diverse industries.

Expanding ERC-3643 to Modular Blockchain Networks

ERC-3643, also known as the Token for Regulated Exchanges (T-REX) standard, has been pivotal in setting compliance benchmarks for tokenized assets. Its unique framework integrates permissioned tokens and decentralized identity (DID), enabling regulatory adherence directly on chain. With adoption by financial institutions like Citi and ABN AMRO, ERC-3643 has proven its value in tokenizing regulated assets, including green bonds, debt, real estate, funds, and private equity.

Plume Network will integrate the ERC-3643 token standard into its modular L1 blockchain framework, introducing a universal and proven standard to its ecosystem. This move aims to accelerate compliant tokenization of RWAfi, bringing greater transparency, security, and regulatory adherence to blockchain-based asset management. This integration addresses growing institutional demand for tokenization solutions that combine compliance with high throughput and interoperability.

Chris Yin, CEO of Plume, commented on the announcement: “ERC-3643 offers a robust framework for institutions to tokenize real world assets without compromising compliance. By integrating it into Plume’s modular architecture, we’re not just adopting a standard—we’re expanding its utility to support the scalability and flexibility required for modern financial systems.”

Institutional-Grade Solutions for RWAfi

Plume’s modular infrastructure is designed to meet the operational requirements of regulated asset tokenization, such as scalability, compliance, and secure data handling. The integration of ERC-3643 enhances Plume’s ability to meet institutional requirements, further advancing its vision of creating a unified RWAfi ecosystem.

Dennis O’Connell, President of the ERC-3643 Association, commented: “We are thrilled to welcome Plume to the ERC3643 Association. Plume’s ambitious plans to tokenize over $1.25 billion in real-world assets underscores its commitment to lead tokenization. By adopting the ERC-3643 standard, Plume is taking an important step toward ensuring that these tokenized assets are not only compliant but also accessible, tradable, and interoperable across ecosystems. A universal standard is the only way we can achieve a truly open financial ecosystem, empowering investors with the freedom to access, trade, and utilize their assets anywhere.”

Expanding Tokenization Standards Across Ecosystems

Plume’s integration of ERC-3643 gives financial institutions and developers with a reliable framework for tokenizing assets that prioritizes compliance. The standard embeds identity verification and permissioning directly into tokens, simplifying regulatory alignment and reducing operational overhead.

Key benefits of this integration include:

  • Multi-Chain Functionality: ERC-3643 enables tokenized assets to switch seamlessly across EVM-compatible networks.
  • Regulatory Confidence: Compliance is built directly into token architecture, reducing the burden on developers and institutions.
  • Unlocking New Use Cases: Developers can explore applications like tokenized securities, real estate, and commodities with streamlined deployment.
  • Scalable Solutions: Plume’s modular infrastructure supports high throughput and efficient asset management, critical for scaling RWA solutions.

This collaboration strengthens the foundation for interoperable tokenization ecosystems, addressing a growing demand for scalable and compliant blockchain solutions in regulated markets.

For details about the ERC-3643 Association, visit erc3643.org.

About ERC-3643 Association

The ERC3643 Association is a non-profit organization uniting industry leaders to promote the adoption of the ERC-3643 standard and develop a standardized, secure, and compliant tokenization framework. By fostering collaboration and innovation, the association seeks to create a more inclusive, efficient, and secure financial landscape.

About Plume

Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real-world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs.

Learn more at plumenetwork.xyz

Continue Reading

Trending