The Near Foundation, the organization that developed the Near protocol, has released two new products aimed at providing better tools for web3 and blockchain development.
Near Foundation announced a new data availability layer called Near DA and a collaboration with Polygon Labs. Both tools are designed to help web3 creators develop #Ethereum rollups and WASM blockchains.
Near Foundation announced a partnership with Polygon Labs to create zkWASM, a zero-knowledge proof for WebAssembly blockchains. The collaboration aims to make zkWASM available to those working with the #Polygon Chain Development Kit, a software development kit for building Ethereum-compatible networks. The move makes the Near Foundation a key contributor to the Polygon CDK and increases reliable interoperability between #Near , Ethereum and the broader #web3 ecosystem, the company said in a statement.
#Ripple has announced a new payment platform to serve corporate customers who do not have their own money transfer licenses. The company also announced a partnership with an African fintech that will allow customers to make crypto payments between Africa and other markets, including the UK and Australia.
With the introduction of an updated payment platform called Ripple Payments, the company said it aims to attract a new brand of enterprise customers in the US with its cross-border payment solutions. Meanwhile, the company also announced a partnership with African fintech MFS Africa, which recently changed its name to Onafriq.
Both announcements come as Ripple hosts its flagship event in Dubai.
Operating as a Layer-2 platform on the Ethereum network, Polygon has launched the POL token standard, which is seen as an important milestone in the Polygon-2.0 road map, on the Ethereum main network. source: uluca.com
Grayscale Investments, a crypto asset management company, is entering the crypto indices business with London-based index provider FTSE Russell, a subsidiary of the London Stock Exchange. - source: uluca.com #BTC #etf
According to Financial Express, Deutsche Bank and SC Ventures have completed the first stablecoin swaps on the Universal Digital Payments Network. UDPN was launched in Davos earlier this year with the aim of promoting the development of stablecoin, CBDC and digital currency infrastructure. - source: uluca.com
Tether's Chief Technology Officer Paolo Ardoino made an announcement via social media. Ardoino stated that Bitfinex, one of the leading cryptocurrency exchanges, has been operating two of the three largest Bitcoin Lightning Network nodes in existence since 2019.