Zedcrypt's Newsletter No. 0006/April 7-9.2022
The Integration
Chainlink PoR feeds will monitor wallet balances across a variety of blockchains and relay that information to a target blockchain in order to help secure the minting of wrapped cross-chain assets. Through this integration, users of BridgeTower Capital’s Permissioned Markets product — created in partnership with Securitize — will be able to seamlessly access financial services in the multi-chain smart contract ecosystem using cross-chain collateral monitored by Chainlink PoR’s security-reviewed and Sybil-resistant node operators.
With this initial integration, BridgeTower Capital will leverage Chainlink PoR to monitor token balances of custodied wallets across Ethereum, Solana, and Terra mainnets, relaying that information to the Avalanche C-Chain in order to help control the minting of wrapped tokens collateralized by the reserves on the source blockchains. BridgeTower Capital is also exploring opportunities to expand its cross-chain token offerings to other blockchains with the support of Chainlink PoR’s flexible, blockchain-agnostic architecture. For more information about BridgeTower Capital’s investment platform and its recently announced Staked Digital Asset Security (SDAS), which will run on an Avalanche subnet, 👉read the recent press release.
BridgeTower’s Permissioned markets will include DeFi financial products such as customized blockchain staking opportunities, token swaps, and NFT development with arts, entertainment, and sporting ventures to provide seamless, institutionally-compliant products.
With more than 5,000 of its own Staking Nodes, BridgeTower utilizes renewable energy to reduce its carbon footprint. Already a leading proof-of-stake infrastructure provider for leading Layer 1 blockchains and Web 3.0 companies, BridgeTower has built its fast-growing foundational staking and DeFi business through partnerships and investments over the past few years.
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Mobox partnership with Animoca brands
The partnership with Animoca Brands will enable MOBOX to accelerate the development of the MOMOverse, Decentralized Autonomous Guild (DAG), MOBOX Chain, Game Creator, and various other products that are on the MOBOX roadmap including helping with onboard gaming studios as well as Intellectual Property!
Bitfinex releases Bitfinex Pay V1.4
Features
- Addition of the Manual Invoice Generator tool will provide merchants with an easy way to manually generate invoices
- Addition of support for Tether Euro (EURt) in the Ethereum network for all Merchants and their customers
The Cosmos Hub announces the Theta Upgrade is coming
The second half of this story, scheduled for the Rho upgrade, allows the Cosmos Hub to also be a controller chain. When connected to other host chains, this would allow the Cosmos Hub to perform transactions natively on other chains.
CityCoins Explained!- Spotlight by OKCOIN
CityCoins is a new project built on top of Stacks, where people can support their favorite city’s treasury, earn STX stacking rewards, and use the Citycoins as a currency in applications. Here’s everything you need to know about CityCoins, in simple terms.
FIO announces the partnership with Jupiter
FIO Send will give users the ability to easily send and receive cryptocurrency without the stress of copying and pasting long string public addresses users of this, and other wallets are accustomed to having to use. FIO Send replaces that long string public address vulnerable to errors and other exploits with a simple, human-readable address known as an FIO Crypto Handle.
Elrond (EGLD) - Spotlight by Liquid
Many emerging projects in the crypto ecosystem nowadays are trying to solve this problem and improve blockchain scalability. One such project is Elrond which aims to make mainstream adoption of blockchain and cryptocurrency a reality.
Blockchain.com is supporting WalletConnect
Starting today, you can use WalletConnect to interact with DApps on Ethereum. In the future, you’ll also be able to interact with DApps on Solana, Polkadot, Cosmos, NEAR, Celo, and more.
Avalaunch introduces XAVA Points, Automation and Booster Round
With the latest round of features, they believe they move closer to the most user-friendly, intuitive, and balanced launchpad in any ecosystem. Guaranteed allocations, with no minimums, that can be purchased without even being present during the sale allow their users to focus on the projects they are helping launch, instead of the sale process itself.
Zedcrypt “Dev’s Things” is Spreading the news abot cryptocurrency developers, tokens, ideation, and the latest product update.
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