This week in the crypto and blockchain space saw several significant developments. SKALE introduced an appchain infrastructure with zero gas fees, a notable move towards blockchain sustainability. The IEEE's decision to issue credentials on Avalanche's C-Chain marks a significant adoption of Web3 technologies. Lantern Finance launched a user-friendly staking platform across 15 U.S. states, enhancing crypto accessibility and regulatory compliance. Blocknative unveiled a tool for Ethereum's mempool, aiming to protect users from front-running bots. Orchid's new initiative 'Storchid' seeks to expand its services to data storage, enhancing security and trust. Jack Dorsey's company, Block, has released its self-custody bitcoin wallet Bitkey in over 95 countries. Uphold introduced Vault for assisted self-custody, starting with the XRP token. Neon EVM integrated with the Web3 marketing protocol Tide, fostering decentralized communities. Aori's launch aimed at bridging the CEX/DEX gap on Ethereum. Safe collaborated with Sygnum Bank and CoinCover to launch Safe{RecoveryHub}, providing various crypto recovery options. Namada initiated a program to allocate NAM tokens for contributions in privacy and zero-knowledge technology. HyperOracle integrated its zkOracle protocol with Polygon CDK, driving innovation in DeFi. Babylon raised $18 million for its Bitcoin staking protocol development, and Beam announced its launch on Immutable zkEVM, focusing on gaming applications on Polygon technology.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
