Sonic Labs Launches Network Bounty Program

Sonic Labs, formerly Fantom, launched a bounty program to encourage developer participation before the Sonic network launch. According to a press release, the goal of the Sonic Boom and Sonic Gems bounty program is to assist the initial wave of applications on the Sonic platform. The project targets important blockchain sectors, such as lending, gaming, […]
Web3 Identity Firm zkMe Raises $4m in Seed Funding

ZkMe Technology Limited concluded a $4 million seed funding round led by Multicoin Capital, Robot Ventures, and OKX Ventures. As stated in the press statement, the money will help develop zkMe Network, a decentralised identity verification layer for Web3 applications that is anticipated to go live later this year. In the face of heightened regulatory […]
Storj Partners with CUDOS to Improve AI Compute, Storage

Storj has partnered with CUDOS, a decentralised physical infrastructure network specialising in Web3 and artificial intelligence. Storj announced on August 20 that the two platforms are working together to develop cloud storage and distributed computing solutions. Valdi, an on-demand AI compute provider recently acquired by Storj, and Cudo, the parent company of CUDOS and an […]
Sushi Integrates Orbs’ dLIMIT and DCA Protocols

Decentralised exchange SushiSwap now supports Layer-3 protocols on Orbs, enabling new order types like spaced-out orders. Layer-3 Orbs’ dLIMIT and DCA decentralised protocols have been included in the SushiSwap platform, a decentralised exchange and automated market maker, providing users with additional trade management features. SushiSwap traders may now make limit orders directly on a blockchain […]
Fabric Cryptography Secures $33M for New Cryptographic Chip

Silicon Valley startup Fabric Cryptography raised $33 million from Blockchain Capital and 1kx to increase digital economy privacy. In a press release, Fabric Cryptography said that the money will enable the company to concentrate on developing new cryptography. The company’s goal is to encourage the practical implementation of privacy guarantees by improving authentication and encryption […]