#blockchain

Network data suggests that the zkEVM-based blockchain, Scroll, has quietly launched on the mainnet. The project team hasn't dropped the official news yet, but they've left a subtle hint.

Ukrainian blockchain security firm, Hacken, has entered into a partnership with the smart contract platform Radix to conduct audits on projects developed using their proprietary programming language, Scrypto.

The corporate blockchain firm has introduced a secure key management solution known as Overledger Authorize, designed specifically for banking blockchain systems.

The blockchain platform, founded by Bram Cohen, the creator of BitTorrent, has downsized its workforce, reducing it by 26 out of 70 employees. This development follows Chia’s 5 months filing with the SEC for its public listing, which faced setbacks due to the collapse of its banking partner, Credit Suisse. The company is also considering its first-ever token sale.

Binance has agreed to sell its entire russian assets to CommEX, marking a full exit from the country. The transition will take up to a year, ensuring a smooth migration for existing russian users. Notably, CommEX is a newly launched exchange, just one day into its official journey. Alex Bornyakov, the Deputy Minister of Digital Transformation of Ukraine, reflects on Binance's exit from the russian market: “There’s no longer room for any business to stay “neutral”. Blockchain technology is neutral but people leading crypto businesses should not be.” Check out our exclusive interview with Alex Bornyakov, where we delve into Ukrainian blockchain projects and digital education on the Diia.Digital platform.

They plan establish 256 servers for validator nodes and initiate a dedicated TON blockchain network for performance testing.

The commercial bank JPMorgan tested the Tokenized Collateral Network (TCN) system for tokenizing collateral, conducting a real transaction between the financial giants BlackRock and Barclays.

The crypto company LayerZero has forged a partnership with Conflux to roll out a blockchain-based SIM card (BSIM), co-developed by China Telecom. This partnership aims to simplify cross-chain fund transfers, leveraging LayerZero's innovative exchange mechanisms. While it's uncertain whether they can attract China Telecom's 390 million users, the LayerZero CEO remains optimistic.

A few months after Multichain lost approximately $125 million in assets and ceased to exist, the remaining team members have announced the launch of a new project. It was named ValueRouter, and its functionality entirely mirrors the previous application, as if nothing had changed. This provoked skepticism and dissatisfaction within the cryptocurrency community. ZachXBT, a famous blockchain detective, advised the team to take care of the lacking $125 million before taking on another questionable project.