Truflation Launches GameFi Index to Track Gaming Tokens
GameFi Index, a new tool created to monitor the performance of leading blockchain-based gaming currencies, has been released by Truflation. According to Truflation’s statement on November 11, the GameFi Index does more than just monitor the value of specific play-to-earn tokens . Users can use the index to learn about the expansion of the industry […]
Brevis Raises $7.5m Seed Round to Advance Verifiable Computing
Brevis has raised $7.5 million from venture capital investors to promote off-chain verifiable computation throughout the blockchain ecosystem. Brevis announced on November 11 that it had raised $7.5 million in a seed round funded by Binance Labs and Polychain Capital. Brevis, a company that helps blockchains grow without experiencing liquidity or state fragmentation, intends to […]
Okto Teams up with AggLayer to Help Cross-Chain Transactions
Okto declared that AggLayer, a cross-chain settlement system created in partnership with Polygon Labs, will now be supported by its Okto Wallet. The collaboration made public at the Aggregation Summit intends to make decentralized finance more approachable for non-technical people by streamlining their interactions with various blockchain networks. One of DeFi’s primary issues, chain interoperability […]
HIVE Digital Acquires 6500 ASIC Miners
HIVE Digital announced two major milestones, the building of a 100 megawatt mining plant in Paraguay and the purchase of 6,500 new Canaan Avalon A1566 ASIC miners. HIVE has bought 6,500 ASIC miners from Canaan Inc., which can produce 185 terahashes per second at a more energy-efficient pace than its previous equipment, according to a […]
Espresso Announces Launch of Core Product
The mainnet confirmation layer of Espresso, a blockchain project featuring cross-chain composability, is currently active. Five testnets, two years of research and development, and integration plans with over 20 chains precede the launch. The Espresso Systems team mentioned in the statement that this milestone represents a major step forward in their efforts to “make Ethereum […]