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Ethereum-Based Uniswap Adds Solana Support in Win for Tackling DeFi Fragmentation
Ethereum-based decentralized exchange (DEX) Uniswap said it has added support for Solana, potentially enabling the unification of the two largest decentralized finance (DeFi) ecosystems. The move will provide easy access to Solana, Ethereum and 13 other chains in one place, Uniswap Labs said on X on Friday. The integration of Solana into the Uniswap web app is a major milestone for cross-chain…
EY launches Ethereum-based carbon emission monitoring platform
EY launches Ethereum-based carbon emission monitoring platform
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EY, a renowned specialist solutions organization around the globe, has launched a new system primarily based on Ethereum designed to help companies in monitoring their carbon emissions and the origin of their carbon credits.
At the EY Blockchain Summit, which took location in London, the new platform recognized as EY OpsChain ESG was launched.
Carbon emission tokens produced by the InterWork Alliance, a criteria team funded by Microsoft and a member of the global blockchain business council (GBBC), of which EY is also a member, are now accessible on the beta edition of the EY Blockchain SaaS platform.
GBBC is an business that promotes the use of blockchain engineering for business enterprise functions.
Paul Brody, the world-wide chief of blockchain at EY, believes that blockchain know-how has the prospective to act as the “glue” that binds alongside one another world wide ecosystems and business procedures that extend further than business boundaries.
As a result, this conviction serves as the basis for the new system.
In addition, he explained that the potential to tie carbon manufacturing to unique product output can make it feasible to keep an eye on carbon emissions stock through tokenization. This is anything that he mentioned ahead of.
The progress of the EY OpsChain ESG system marks a significant move ahead in environmental and social governance. This subject has garnered the interest of numerous industry experts operating in environmental and social governance.
Blockchain engineering is made use of by corporations in several sectors, from the trade finance small business to the food industry, to watch and monitor distinctive things of their operations.
Carbon credit history tokens, which can either generate by themselves or acquire on the market place, now make it possible for firms to continue to keep tabs on the progress of their decarbonization initiatives.
By launching its EY OpsChain ESG system, EY is generating a major contribution to the energy to beat the consequences of world warming.
With the aid of this system, companies will be ready to keep monitor of their carbon creation and the origin of the carbon credits they have, making it far more clear-cut for them to achieve their sustainability goals.
On the EY Blockchain SaaS platform, organizations are strongly inspired to check out the beta version and offer suggestions to assist further improvement and growth.
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Ethereum News
Bitpanda Partners with Visa, Near Joins Hands with WEMADE, Ethereum-based Decentralized RPC Goes Live
Bitpanda Partners with Visa, Near Joins Hands with WEMADE, Ethereum-based Decentralized RPC Goes Live
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Payments news
Bitpanda announced its partnership with Visa as Bitpanda Technology Solutions joined Visa’s Fintech Partner Connect. Through this partnership, “Visa’s partners will gain the opportunity to access Bitpanda’s comprehensive investment infrastructure solutions. This enables financial institutions, banks, and fintechs to rapidly offer trading and investment services for asset classes such as Crypto, Stocks/ETFs, Precious metals & Commodities to their end customers”, said the press release. Bitpanda Technology Solutions will also begin expanding its investment infrastructure outside of Europe, it said.
Blockchain news
The NEAR blockchain and creator of the Blockchain Operating System (BOS) announced a strategic partnership with blockchain gaming company WEMADE to help support the development of blockchain apps in Korea and other markets. Per the announcement, Near and WEMADE will jointly support initiatives to increase mutual brand awareness; invest in research and collaboration on cross-chain; host more community events like hackathons and boot camps; scout for potential Web3 business opportunities; and nurture the next generation of Web3 developers.
DeFi news
DRPC, an Ethereum-based decentralized RPC (remote procedure call) network that “enhances security, reliability, and cost-efficiency for Web3 projects of all sizes,” launched today, said a press release. An RPC is the communication protocol used by decentralized apps (dapps) to interact and pass information such as transaction details to and from blockchains. DRPC currently supports projects built on Ethereum and will be expanding to other EVM-based networks including Arbitrum, Polygon, BSC, and Optimism in the coming months, it added.
Quasar Finance launched its mainnet, introducing a dedicated digital asset management blockchain, allowing investors to manage their decentralized finance (DeFi) investments across multiple chains, enabled by the Inter-Blockchain Communication Protocol (IBC). Per the press release, Quasar works by allowing investors to deposit funds into vaults, which are optimized to work across multiple blockchains. This move forward follows the announcement of Quasar’s recent $5.4 million bridge round. In total, the team has raised more than $11.5 million from investors such as Polychain Capital, Blockchain Capital, and Shima Capital.
Investment news
BH Digital, the crypto arm of hedge fund manager Alan Howard, raised $9 million from investors for its liquid token strategy, the Nova Digital Opportunities fund, launched in 2022. The fund has three investors, according to a regulatory filing.
Wallet news
Crypto lender Nexo has won “Best Cryptocurrency Wallet” in the annual FinTech Breakthrough Awards for a second consecutive year. The awards program is conducted by independent market intelligence organization FinTech Breakthrough, the press release said. The award, it added, “came amidst some of the most challenging times of late for centralized entities in the digital assets space, serving as a true testament to Nexo’s commitment to adapt to market needs with flexible, user-oriented solutions.”
Gaming news
Immutable Games, a Web3 game publisher and the gaming-focused arm of Immutable, announced new partnerships with three studios — Bazooka Tango, Bit Fry Game Studios, and Studio 369 — to “expand its family of the high-quality web3 games,” said the press release.
Metaverse news
Metaverse platform RLTY announced a partnership with Ready Player Me, a cross-platform avatar builder. The press release said that the integration of Ready Player Me will allow RLTY users to create and personalize a new avatar or bring an existing one from Ready Player Me’s platform. To simplify the process further for newcomers, the team have created 30 pre-designed full and half-body avatars, ranging from cyberpunk to professional, it added.
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