Jovay Network, an Ethereum Layer 2 (L2) network backed by Ant Digital, a subsidiary of Alibaba, is catching eyes today after it proclaimed its alignment with Ethereum on social media. Despite many investors being surprised by the news, Jovay was originally revealed as an Ethereum L2 in April at the RWA Real Up conference in
Brevis is now knocking on the door of the Ethereum Foundation’s ultimate proving goals. Its latest numbers show 96.8% real-time coverage, putting it a whisper away from the sub-ten-second target that would redefine base-layer security. Summary Brevis’s Pico Prism zkVM has reached 99.6% proving coverage for Ethereum blocks under 12 seconds, with 96.8% verified in
Quack AI, an AI-powered Web3 and crypto research and analytics platform, has partnered with the Singapore-based Nanyang Technological University (NTU). The partnership aims to accelerate the advanced AI research endeavors and development to drive innovation and AI governance on-chain. As per Quack AI’s official announcement on X, the collaboration is now included in the Capsone
Kadena, the scalable Layer-1 Proof-of-Work blockchain, today announced a partnership with tokenization specialist Brickken to bring institutional-grade real-world asset (RWA) infrastructure to its Chainweb EVM network. The collaboration combines Kadena’s technical scalability with Brickken’s compliance-driven tokenization tools to accelerate enterprise blockchain adoption. Building compliant tokenization for institutional use Under the collaboration, Kadena and Brickken plan
Key Notes The Starknet Foundation has awarded a grant to Alpen Labs to accelerate the development of a shared verifier for the broader Bitcoin ecosystem. Glock technology uses garbled circuits and claims up to a 1000x reduction in on-chain verification costs compared to previous models like BitVM. The initiative aims to unlock BTCFi use cases,
Indian telecom giant Reliance Jio is partnering with Aptos Foundation and Aptos Labs to bring blockchain-based rewards to its more than 500 million customers. Jio, the country’s largest mobile network operator, plans to integrate Aptos’ layer-1 blockchain to distribute digital rewards through its telecom services. The move was announced by the company’s general manager and
Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Monad Opens Airdrop Portal Ahead of Token Launch Ethereum’s Fusaka Rolls Out on Sepolia; Hoodi Testnet Up Next Monero Releases Privacy Boost Against Sneaky Network Nodes Ethereum Foundation Expands
A Hong Kong-based subsidiary of a major Chinese commercial bank, China Merchants Bank (CMB), has tokenized its $3.8 billion money market fund (MMF) on BNB Chain. CMB International Asset Management (CMBI) has partnered with BNB Chain to bring its CMB International USD Money Market Fund on its layer-1 (L1) blockchain, BNB Chain announced on Wednesday.
JPMorgan CEO Jamie Dimon, who is widely known as one of the loudest Bitcoin naysayers, has stated that he will no longer comment on the largest cryptocurrency. He has complained about getting “death threats” after making headline-grabbing comments. Long history of anti-Bitcoin comments Back in 2017, the JPMorgan boss famously stated that he would fire
Quack AI, a well-known AI-led infrastructure provider, has collaborated with Solius AI Tech, a leading Web3 and AI solutions provider. The strategic partnership aims to broaden the reach of AI-led infrastructure and advanced governance solutions via shared innovation as well as community initiatives. As Quack AI has revealed in its official social media post, the