March 31st: Horizen The blockchain team deployed a new “proof verification chain” on testnet and claimed that the new product is “the latest component of our modular blockchain stack.” According to the blog post, “The network allows for the exchange of $ZEN (Horizen’s native token) and the validation of FFLONK proofs generated on Polygon zkEVM instances.” Key elements include the “Proof Submission Interface, a user-friendly interface that allows ZK Rollups to seamlessly submit evidence to the Horizen Network for verification” and the “Proof Mechanism, published on Ethereum to date and a protocol to verify the proof (provided) “is included. additional transparency).”
Degen Community launches syndicate ‘Degen Chain’
March 28: dough, the community token of the Farcaster ecosystem, Web3 infrastructure provider Syndicate has launched Degen Chain, an ultra-low-cost L3 for the $DEGEN community built with Arbitrum Orbit, Base for payments, and AnyTrust for data availability. According to the team: “The chain’s native gas token is $DEGEN, one of the first community tokens to have its own L3. The Degen and Syndicate teams will support builders on the Degen Chain using developer tools such as Syndicate’s Transaction Cloud API to “We provide it for free. It’s gas for Degen Chain developers.”
Cryptocurrency hacks fell 23% in the first quarter compared to the same period last year, Immunefi said.
March 28: immune, a bug bounty and security services platform for Web3 that protects over $60 billion in assets, has released its first quarter 2024 cryptocurrency loss report. According to Immunefi, “DeFi was the primary target with 100% of attacks, while CeFi had no incidents. Hacks continued to be the leading cause of losses, totaling $321 million, compared to fraud on Ethereum and “The BNB chain was the most targeted chain.”
Tezos validators vote on protocol upgrade proposals to reduce latency and final times
March 28: thesis According to the team, blockchain validators will soon vote on the protocol upgrade proposal announced on Thursday. “Codenamed Paris A and B, these proposals include enabling DAL to lower latency, reduce finality to 10-second blocktime, and increase throughput and scalability of L2. They revamp the PoS fundamentals to support staked funds. It differs in that it automatically coordinates the issuance of tokens to the on-chain market: Paris B includes this functionality, while Paris A gives validators the possibility to activate it later through a dedicated on-chain voting mechanism. ” TZS
The new Edgeless network powered by Arbitrum Nitro has no application layer costs.
March 28: Edgeless Foundation Edgeless Network has been released. blog post “The first cryptocurrency ecosystem with no application layer fees, powered by Arbitrum Nitro.” According to the post, “Using Arbitrum Nitro allows Edgeless to fully customize the L2 infrastructure and EigenLayer data availability, keeping gas fees extremely low on the network (less than $0.01 on average). Edgeless can then be shared by developers. It pays for these sequencers so that they can directly share the economic value they bring to the network.In addition to this, Edgeless uses Renzo’s ezETH as its primary liquid yield holding asset and returns the yield earned using stablecoins created by Stable. .Provides bridge assets to developers building edgeless ecosystems.”
Yolo Investments invests $8 million in TON Network ecosystem
March 28: yolo investment, a venture capital firm focused on gaming, fintech, blockchain and emerging technologies, has highlighted its support for the vision of The Open Network (TON) by investing $8 million in Toncoin and the broader TON ecosystem, according to the team: Same as: Yolo Investments has invested in several TON-based startups, including Tonstarter, Fanton, and PlayDeck, and through this partnership, the TON Foundation and Yolo Investments will support the growth and expansion of learncrypto.com, a leading crypto education platform. “We are introducing a TON of fresh content.”
Stellar Development Foundation Distributes $1 Million in Security Audit Credits to Soroban Builders
March 28: Stellar Development Foundation We launch Soroban Security Audit Bank. The bank has partnered with six top-tier auditing firms to select 20 to 30 high-priority projects (managing on-chain value and widely used) built on Soroban, a next-generation smart contract platform that has just completed its mainnet launch. This program complements the development and audit support provided to the ecosystem by Certora, an industry-leading web3 security company. CoinDesk 20 Asset: (XLM)
Launch of $50 million accelerator program funded by Helika, Pantera, Spartan and Sfermion
March 28: spiral, a global infrastructure provider for traditional and Web3 gaming companies such as Yuga Labs and Animoca Brands, announced that it will launch a $50 million accelerator program funded by Pantera, Spartan Capital, Sfermion and other venture capital firms. According to the team: “The program aims to help top game studios develop Web3 games designed to sustain user and revenue growth over time. Selected projects include tokenomics, chain selection, and data analytics. You will benefit from Helika’s expertise in: Our developer team will support you with: Helika’s analysts will be able to leverage data to identify user behavior patterns and drive desired outcomes.”
Zircuit launches ‘Build to Earn’ program as compensation for developers
March 28: zirkit, a fully EVM-compatible ZK rollup with parallel circuitry and AI-assisted security, launched its Build to Earn program on Wednesday to incentivize builders, founders and community members who contribute to the Zircuit ecosystem. Zircuit, backed by Pantera Capital, Dragonfly Capital and Maelstrom, currently has more than $700 million. According to the team, “developers and ecosystem contributors participating in the program will receive rewards for their approved contributions.”
Layer N, Modulus unveil ‘AI function’ tools that can be used in applications
March 28 (Protocol Village Exclusive): Layer NEthereum StateNet, designed as a custom VM network, announced the launch of AI Functions, a tool that allows developers to integrate AI inference and AI use cases within their applications. It is in partnership with Modulus Labs, a company focused on enabling AI on-chain through ZK technology. Example use cases include replacing AMMs with more sophisticated models, revenue optimization strategies, gaming and AI crypto agents, AI arbitration, etc. “Imagine a prediction market that includes AI-based arbitration of event outcomes, reducing the risk of settlement collusion,” the team wrote in a blog post.
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Flock.io, Web3 education startup raises $6 million led by Tagus’ Lightspeed Faction
March 28: Flock.io, a Web3 training and AI fine-tuning startup, announced that it has closed a $6 million seed funding round led by Lightspeed Faction and Tagus Capital, with participation from DCG, OKX Ventures, and Volt Capital. This investment will be used to democratize AI education and develop machine learning and federated learning platforms.
VeChain announces ‘Marketplace as a Service’ starting with Gresini Racing
March 28: VeChain Announced a no-code digital asset tokenization platform called Marketplace-as-a-Service (MaaS). According to the team, “MaaS is built to play a significant role within the digital asset space, providing corporate and individual builders with a low/no-code NFT platform to easily create, sell and transfer digital assets. MotoGP Championship Team Gresini Racing is the first enterprise client to deploy a marketplace on a platform supported by ExPlus. Gresini Racing plans to leverage a custom collection of IP-related content to provide digital collectibles to its massive fan base.”
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Introducing ‘collective build’ feature with permissioned DeFi protocols Neopin, Spark, and Athena
March 28 (Protocol Village Exclusive): neofin“Protocol forNon-custodial, permissioned DeFi“Introduced a new feature called “Set Build”, which merges the Spark protocol, Athena, and Curve into a unified smart contract, enhanced with AI-based optimizations. According to the team, “This integration will enable users to enjoy streamlined operations and customizable exposure. “You get options, which greatly improves operational efficiency within the cryptocurrency environment.”
BloXroute announces the launch of ‘Validator Gateway’ mainnet
March 28 (Protocol Village Exclusive): BloxRoot, a blockchain distribution network, announced the public launch of its Validator Gateway, designed to optimize the performance of Ethereum validators and significantly increase rewards. According to the team, “More than 30,000 validators have leveraged cutting-edge technologies to lock $4 billion on the testnet and strengthen blocks, accelerating the proposal process, block propagation, and giving validators a strategic advantage in a highly competitive blockchain environment. Through seamless integration with existing validator setups, Validator Gateway makes it easy for network decentralization to continue to grow.”
The Graph Network, a leading blockchain indexer, adds Bitcoin support
March 28: The Team Behind graph network, including developers Edge & Node, announced that their network now supports Bitcoin. According to the team: “With the new Bitcoin Firehose implementation and the introduction of the BRC-20 subgraph GraphQL API, The Graph allows developers to directly access Bitcoin data through subgraphs and substreams, thereby This development brings Bitcoin’s utility within The Graph’s decentralized network to a new surge in interest in Bitcoin and the emergence of Bitcoin Layer 2, enabling developers to build innovative applications. Layer 2 opens up new ways for you to get started building The Graph by emailing info@thegraph.foundation for indexing assistance or assistance.” (GRT) (BTC)
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