Cross-chain interoperability

A new category of financial institution is beginning to take shape as decentralized banking models, or "deobanks," position themselves between traditional banks and fintech firms. The shift, industry leaders say, could redefine competition in global finance over the next decade. "Banks offer trust...

Decentralized oracle network Chainlink (CRYPTO: LINK) is integrating Circle's Cross-Chain Transfer Protocol (CCTP) into its Cross-Chain Interoperability Protocol (CCIP). The goal is to facilitate the transfer of USD Coin (CRYPTO: USDC) across multiple blockchains, unlocking new...

In the rapidly evolving world of blockchain technology, a significant shift is underway, reshaping how decentralized applications (dApps) operate across multiple chains. Binance Research's latest report highlights the growing importance of cross-chain interoperability, with DeFi (Decentralized...

Mantle EcoFund started the deployment of its substantial $200 million catalyzed capital pool. Established in July 2023 following a Mantle Governance vote, this fund is one of the largest ecosystem funds of its kind and is initiating its liquidity support provision. The beneficiaries of...

In a significant move towards enhancing cross-chain interoperability, Neutron (CRYPTO: NTRN) and Axelar (CRYPTO: AXL) have teamed up to introduce Lido's wrapped liquid-staked ETH (CRYPTO: wstETH) to the Cosmos (CRYPTO: ATOM) platform. This initiative is expected to bolster the...

DeFi protocol Huma has raised $8.3 million in seed funding. Race Capital and Distributed Global led the effort, with participation from ParaFi Capital, Circle Ventures, Folius Ventures, and Robot Ventures. Huma, which offers income-backed lending services, plans to use the funds to develop its...

SingularityNET's token AGIX, (CRYPTO: AGIX), has seen a significant price increase of over 245% in January, starting at just 5 cents and trading at $0.162 per token on Friday. The popularity of artificial intelligence applications among the masses, such as the language model ...