Cross-Chain

Coinweb has closed $2M fundraising round from Sava Investment Management.

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Time Stamp: April 3, 2023 12:56 PM - Modified On: April 3, 2023 - Published By:
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Republished By Plato

Coinweb, a layer two cross-chain computation platform, has been in development since 2017. Some of the founders, early contributors, and previous team members who are no longer actively involved in the project have agreed to sell their holdings. Hong Kong, 5th April 2023 -SAVA Investment Management, a licensed fund manager registered in the Cayman Islands and British Virgin Islands, has partnered with Coinweb to buy back 6% of the total supply of CWEB tokens. Johan Ditz Lemche, Managing Director of SAVA Investment Management, said “We are delighted to support and

Paribus: Mainnet Ver.1 Live

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Time Stamp: March 28, 2023 4:18 PM - Modified On: March 28, 2023 - Published By:
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Republished By Plato

The creators of a brand new cross-chain decentralized borrowing and lending protocol are set to release their Mainnet v1 today, March 28th. The launch marks the first step in their journey to be the go-to borrowing and lending platform for NFTs. Initially, the protocol will offer wBTC, ETH, and USDT, however, engineers are currently working on integrating NFTs into the next iteration of the protocol. The unique approach Paribus takes toward these more exotic assets is to leverage artificial intelligence (AI) and machine learning (ML) systems to assess an accurate

The Four Quadrants of MEV Protection

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Time Stamp: November 22, 2022 11:14 AM - Modified On: November 22, 2022 - Published By:
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Republished By Plato

Understanding the MEV Solution Landscape Like many other crypto narratives, the dark side of blockchain was first introduced on Reddit in a post titled “Miners Frontrunning.” In the now historical post, the author outlines how given the Ethereum mempool is inherently public, miners can frontrun transactions and profit on the ultimately arbitraged difference in that transaction. However, this isn’t an entirely new phenomenon in finance. The 2014 book, Flash Boys: A Wall Street Revolt by Michael Lewis investigates frontrunning orders in high-frequency trading. The paper Flash Boys 2.0, published in 2019, takes these observations into

Blockpass Completes Integration with Polygon, Enhancing Cross-Chain KYC Offering

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Time Stamp: November 6, 2021 9:43 AM - Modified On: November 6, 2021 - Published By:
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Republished By Plato

HONG KONG, Nov 5, 2021 - (ACN Newswire) - Blockpass is proud to announce its recent integration with Polygon, the interoperability and scalability solution. Blockpass will provide essential KYC services for the Polygon protocol and framework as it is used to build and connect Ethereum-compatible blockchain networks. As part of this integration, the Blockpass Mobile App has already been updated to support Polygon crypto addresses. Polygon has progressed rapidly in its mission to solve major blockchain issues and pain points like high gas fees and slow speeds, without sacrificing on