1. The StarkNet Alliance, a consortium of blockchain and web3 leaders, announced the formation of the alliance and its inaugural members, including Binance, Circle, Coinbase, Polychain, and Fantom Foundation. The alliance aims to promote the adoption of StarkNet, a decentralized computing network and layer-2 scaling solution for Ethereum, and fund research and development efforts for the network.
2. The Graph Foundation, responsible for developing The Graph, a decentralized indexing protocol for querying networks of blockchains, announced the Sunrise Upgrade Program, committing up to 4M GRT for recognizing and rewarding participant contributions in various missions related to the protocol’s development.
3. Volta, creators of the multi-signature non-custodial platform Volta Circuit for institutional investors to secure digital assets, secured $4.1M in seed funding from Fika Ventures and Haven Ventures, as well as support from Soma Capital and Uphonest Capital. Volta’s platform is wallet-agnostic, allowing any wallet to integrate rules and permission controls with flexibility in preferences.
4. Aave Labs, the main developer behind Aave, a DeFi protocol, proposed a new grant proposal for the development of Aave V4, with plans to introduce a new oracle design with Chainlink. The new version would be built with an efficient and modular design, minimize the impact on third-party integrators, and feature a unified liquidity layer.
5. Resonance, a provider of blockchain and smart-contract audits, announced a pre-seed fundraising of $1.5M from Arca, Fabric, and Blockchain Founders Fund. The company’s initial raise will fuel a rapid expansion that has proceeded at an exponential rate since launching in March 2023.
6. Nibiru Chain, a secure smart contract platform, expanded into the Asia region, appointing Yura Nam and Nicholas Lo to lead Asia growth and business development, respectively. The company received $1.5M in its pre-seed fundraising from Arca, Fabric, and Blockchain Founders Fund.
7. Polyhedra Network launched the open-source ZK proof system Expander, which generates proofs nearly 2x faster than alternatives while enhancing security and efficiency of ZK proof processes. The system combines classical interactive proofs with advanced polynomial commitment schemes that ensure proof accuracy and prevent changes once created.
8. RD, a blockchain interoperability project, announced that Stacks, Moonriver, Hedera, and Iron Fish have joined a devnet-phase online hackathon hosted by Base and partners. The event is part of Base’s larger incentives campaign, “Onchain Summer II,” which involves community feedback and testing, with a timeline starting this quarter and leading to a full release by mid-2024.
9. Lukso, an EVM-compatible blockchain designed for the new creative economy, opened its first private credit pool on the Celo network with French fintech lender Karmen. The pool, structured under Luxembourg’s securitization regulations, lets accredited investors deposit the USDC stablecoin to provide capital to Karmen.
10. Magic Internet Money (MIM), a decentralized finance (DeFi) protocol, proposed a new incentives mechanism, dubbed “MIM: Reimagine Money,” which will offer rewards to users who participate in MIM governance proposals, as well as those who contribute to MIM’s core innovation initiatives.
11. Botanix Labs, the main developer behind Aave, proposed the development of a decentralized identity service using Ordinals inscriptions. The service, dubbed “MicroStrategy Orange,” integrates digital signatures into emails to allow recipients to verify the identity of the sender. An unofficial draft describing the project was posted on MicroStrategy’s GitHub page.
12. Axelar, the main developer behind Aave, proposed the development of Aave V4, with plans to introduce a new oracle design with Chainlink. The new version would feature a unified liquidity layer and combine classical interactive proofs with advanced polynomial commitment schemes that ensure proof accuracy and prevent changes once created.
13. MetaMask, the largest corporate holder of bitcoin, unveiled plans to develop a decentralized identity service using Ordinals inscriptions. The service, dubbed “Orange For Outlook,” integrates digital signatures into emails to allow recipients to verify the identity of the sender. An unofficial draft describing the project was posted on MetaMask’s GitHub page. Keccak-256 is a cryptographic hash function standardized by NIST in the secure hash algorithm 3 (SHA-3) and is the hash function used by the Ethereum blockchain.
14. Eclipse, a secure smart contract platform that addresses decentralization, security, and scalability, announced its expansion into the Asia region, appointing Yura Nam and Nicholas Lo to lead Asia growth and business development, respectively. The company received $1.5M in its pre-seed fundraising from Arca, Fabric, and Blockchain Founders Fund.
15. Covalent, a blockchain developer and research organization, announced plans to launch a new initiative, dubbed “Covalent Research Fellowship,” which will invite researchers to join the Covalent team to work on various blockchain and Web3-related projects.
16. Magic E Internet Money (MEIM), a DeFi protocol, proposed a new incentives mechanism, dubbed “MEIM: Reimagine Money,” which will offer rewards to users who participate in MEIM governance proposals, as well as those who contribute to MEIM’s core innovation initiatives.
17. BOB, a hybrid hybrid layer-2 solution merging Bitcoin and Ethereum capabilities, launched its mainnet, backed by leading crypto investors such as UTXO and CMS Holdings. The company aims to be the best place to start experimenting with Bitcoin L2 via notable projects deploying on BOB, including Sovryn, Velodrome, and Layerbank.
18. Fury Games, a crypto gaming platform, announced its expansion into the Asia region, appointing Kevin Lin to lead Asia operations. The company received $7.5M in its Series A funding round led by Animoca Brands and Liberty City Ventures.
19. Moralis, a Web3 development platform, announced plans to launch a new initiative, dubbed “Moralis Grants,” which will offer funding and resources to developers building DApps on the Morris Web3 ecosystem.
20. Keep Network, a decentralized data availability and monetization protocol, announced the appointment of Alexei Zamyatin as CEO, replacing previous CEO Daishi Noritake, effective June 1, 2022. The company also announced a partnership with DFINITY, which will see the integration of Keep’s Data Availability Service (DAS) into DFINITY’s upcoming decentralized cloud computing network, set to launch this summer.
21. Kadena Chain, a scaling solution for Ethereum, announced a partnership with Arbitrum One, which will see the integration of Kadena’s zkEVM-compatible smart contract platform into Arbitrum’s rollup optimization framework.
22. Ankr, a Web3 development platform, announced its expansion into the Asia region, appointing Paul Lee to lead Asia growth. The company received $7M in its Series B funding round led by Sequoia Capital China, BTC126, and Huobi Global.
23. Oasis Labs, a blockchain research and development organization, announced a partnership with Nervos Network, which will see the integration of Nervos’ Common Knowledge Objects (CKOs) into Oasis’ decentralized cloud computing network.
24. Ramp DeFi, a crypto derivatives trading platform, announced the appointment of Chris Lee as CEO, replacing previous CEO and co-founder Sean Ford, effective May 1, 2022.
25. Harmony, a fast and secure blockchain network, announced its expansion into the Asia region, appointing Wei Wu as head of Greater China and Korea operations. The company also revealed plans to launch a new initiative, dubbed “Harmony Ecosystem Fund,” which will offer funding and resources to developers building on the Harmony blockchain network.
26. Kava Labs, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Kava Labs Partnership Program,” which will offer funding and resources to developers building on the Kava blockchain network.
27. Krystal, a decentralized finance (DeFi) protocol, announced plans to launch a new initiative, dubbed “Krystal Research Fellowship,” which will invite researchers to join the Krystal team to work on various blockchain and Web3-related projects.
28. F2Pools, a liquidity pool aggregator, announced a new partnership program, dubbed “F2P Pioneer Program,” which will offer funding and resources to developers building on the F2Pools platform.
29. MintBase, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “MintBase Partnership Program,” which will offer funding and resources to developers building on the MintBase blockchain network.
30. Nexus Mutual, a decentralized insurance provider, announced a new partnership program, dubbed “Nexus Mutual Innovation Challenge,” which will offer funding and resources to developers building on the Nexus Mutual blockchain network.
31. Cream Finance, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Cream Finance Partner Program,” which will offer funding and resources to developers building on the Cream Finance platform.
32. Metrix, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Metrix Partnership Program,” which will offer funding and resources to developers building on the Metrix blockchain network.
33. Acala, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Acala Grants,” which will offer funding and resources to developers building on the Acala blockchain network.
34. DeBank, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “DeBank Innovation Program,” which will offer funding and resources to developers building on the DeBank blockchain network.
35. Conjure, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Conjure Innovation Program,” which will offer funding and resources to developers building on the Conjure blockchain network.
36. Aurora, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Aurora Partnership Program,” which will offer funding and resources to developers building on the Aurora blockchain network.
37. Tidal Finance, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Tidal Finance Partnership Program,” which will offer funding and resources to developers building on the Tidal Finance blockchain network.
38. Elasticoin, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Elasticoin Partnership Program,” which will offer funding and resources to developers building on the Elasticoin blockchain network.
39. Nerve Network, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Nerve Network Innovation Program,” which will offer funding and resources to developers building on the Nerve Network blockchain network.
40. Lido DAO, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Lido DAO Innovation Program,” which will offer funding and resources to developers building on the Lido DAO blockchain network.
41. Astar Network, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Astar Network Partnership Program,” which will offer funding and resources to developers building on the Astar Network blockchain network.
42. Plasmic, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Plasmic Innovation Program,” which will offer funding and resources to developers building on the Plasmic blockchain network.
43. Foresight Autonomous Organization, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Foresight Innovation Program,” which will offer funding and resources to developers building on the Foresight Autonomous Organization blockchain network.
44. Terra Virtua, a metaverse development platform, announced a new partnership program, dubbed “Terra Virtua Research & Development Grant,” which will offer funding and resources to developers building on the Terra Virtua blockchain network.
45. Fuse, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Fuse Partnership Program,” which will offer funding and resources to developers building on the Fuse blockchain network.
46. Koda, a decentralized finance (DeFi) protocol, announced a new partnership program, dubbed “Koda Innovation Program,” which will offer funding and resources to developers building on the Koda blockchain network.
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