February 29th: Metisthe Ethereum Layer 2 network plans to integrate chain link According to the team, Chainlink CCIP, an interoperability solution, will serve as “the standard token bridge infrastructure to help the Metis ecosystem expand its cross-chain footprint, enhance the user and developer experience, and accelerate adoption.” “I will make it possible.” “As part of this integration, the Metis Bridge interface will be upgraded to leverage Chainlink CCIP as the official cross-chain infrastructure to power the canonical Metis token bridge, initially bringing major stablecoins to the Ethereum mainnet. The focus will be on bridging from CoinDesk to the Metis network.” CoinDesk 20 Assets: {{LINK}}
Alchemy launches “embedded accounts” to onboard users to Web3
February 29th (PROTOCOL VILLAGE Exclusive): Alchemy launches Embedded Accounts, “the easiest way to onboard users to Web3, according to the team.” It's a simple all-in-one solution that:
1. Onboard users using Web2 login (email, passkey, and soon social authentication).
2. Frictionless transactions.One-click checkout with sponsored gas and bulk sending
3. Build a custom smart account with account recovery, multisig, session keys, and more
Alchemy's mission is to enroll the entire world into a self-sovereign Web3 account. To accomplish this mission, wallets must be made invisible by abstracting the technology so that users don't even know they are using them. ”
Max Howell's Tea protocol aims to address OSS development challenges
February 29th: tea protocolFounded by Max Howell, creator of Homebrew's open source software package management, he said, “His latest project leverages blockchain technology to address long-standing challenges in OSS development and make it more sustainable for software creators.” “This represents an important step towards an enabling and just ecosystem.” According to the team, Tea has been “at the forefront of his OSS development support through Web3 technology. This innovative approach ensures transparency and fair compensation for developers, and is highly valued within the open source community.” collaboration and innovation will be strengthened.”
QuickNode launches real-time blockchain data solution “Streams”
February 29th: quick node, The Web3 development platform has launched 'Streams', a real-time blockchain data streaming solution, which blocks blocks by providing instant access to historical and real-time data from Ethereum, Polygon, and Binance Smart Chain. The team says it aims to revolutionize chain infrastructure. “Streams provides developers with a popular programming language, bridging the gap between blockchain data and traditional tools, reducing operational costs and speeding time to market for decentralized applications (dApps). .”
Cryptocurrency losses and lag due to hacking have increased by 15% since the beginning of the year, Immunefi announced
February 29th: immunityThe company, a bug bounty and security services platform for Web3 that protects more than $60 billion in assets, releases its “Crypto Asset Losses in February 2024” report, showing losses due to hacking and illegal activities to date in 2024. showed that it was $205 million, equivalent to 15.4% of the total. In February alone, approximately $67.1 million was lost through hacks and rug pulling, with Ethereum being the most targeted chain. Hacking continues to be the leading cause of losses, accounting for $65.4 million compared to fraud.
Bitcoin miner marathon, multi-chain layer 2 “Anduro” planned
February 29th: Marathon Digital HoldingsA publicly traded Bitcoin mining company has revealed that it is developing Anduro, a new programmable multi-chain Layer 2 network on top of the Bitcoin blockchain. According to a press release, it is a “platform built on the Bitcoin network that enables the creation of multiple sidechains.” “Marathon has already developed its first two sidechains in Anduro, Coordine and Alys, which can be further developed by open source contributors. These chains demonstrate the flexible programmability of Anduro. Cooperative provides a cost-effective UTXO stack for the Ordinals community, while Alys is an Ethereum-compatible chain for institutional asset tokenization. Anduro's sidechain utilizes a process called merge mining. Participating miners like Marathon have the potential to earn Bitcoin units of revenue from transactions that occur on Anduro's sidechain while continuing to mine Bitcoin at the base. Without.
ZkHub Powered by ZkLink Claims Ethereum’s First Multi-Rollup DEX Offers Centralized Limit Order Book
February 29: Team ZkLinkzkHub, a multi-chain ZK rollup and layer 3 protocol, is a multi-rollup orderbook decentralized exchange based on ZK technology to address difficulties in moving between layer 2 rollups, such as high transaction costs. We are pleased to announce that we have built (DEX). Security issues and operational complexity. According to the blog post, “ZkHub is Ethereum's first multi-rollup DEX, offering users a high-performance central limit order book (CLOB) with multi-chain native asset support, low trading fees, and Ethereum-grade security. “We will provide it.”
Long seed phrases are no longer necessary as Coinbase adds “smart wallet” feature
February 29th: coinbaseA publicly traded US cryptocurrency exchange announces two new wallet solutions aimed at making it easier for new users to onboard into cryptocurrencies. The feature, known as smart wallet and embedded wallet, aims to overcome the hurdles often associated with a clunky user experience when creating a cryptocurrency wallet.
Shiba Inu embraces technology to bring more privacy to SHIB token holders
February 29th: Shiba Inu In an effort to enhance the value proposition of the SHIB token, it plans to introduce a new privacy-focused network on top of the Shibarium blockchain, a representative with CoinDesk shared in a release on Wednesday. Shiba Inu is collaborating with open source encryption company Zama on an as-yet-unnamed network. The network uses Fully Homomorphic Encryption (FHE). This is a privacy tool that allows developers to use data on untrusted domains without decrypting it. (SHIB)
Rarible, an NFT infrastructure provider, launches “Rarible API”
February 29th: RareibleRarible API, a provider of real-time infrastructure for NFT wallets, games, and marketplaces, announced that it is “designed to simplify the complex nature of building in the NFT space,” according to the team. “Offers a comprehensive set” of features that meet the ever-evolving needs of the Web3 ecosystem, including a real-time NFT indexer, aggregated order book, multi-chain support, and a trading SDK with developers and creators in mind Built in-place, the Rarible API provides a robust infrastructure and inspires the invention of future NFT experiences.
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