MTN Ghana has re-registered 600,000 SIMs that were blocked by the National Communications Authority as a result of ... do not necessarily represent the views or policy of Multimedia Group Limited.

MTN Ghana re-registers 600,000 SIMs blocked by NCA

Telecommunications group MTN Ghana has posted double-digit growth in earnings before interest, tax, depreciation and amortization (Ebitda), profit after tax, revenue and service revenue for the nine months to September 30,

MTN Ghana posts double-digit growth in Q3

MTN Nigeria's often impressive profit margin is facing threats on two fronts as earnings are hit by a weak naira and a tax demand threatens to remove tens of millions of dollars from its balance sheet.

MTN Nigeria faces forex and tax issues

MTN Nigeria Communications Plc, yesterday released its unaudited nine months result and accounts for the period ended September 30, 2023

MTN Declares N147.36bn Profit in Nine Months

The devaluation of the Naira has negatively impacted the operations of two telecommunications companies, MTN Nigeria and Airtel Africa Plc, as shown in their financial results for the period ended September 30,

Forex: MTN, Airtel shed profits

Nigeria is MTN’s biggest market by subscribers and the Lagos-listed unit MTN Nigeria Communications Ltd. contributes more than a third of the group’s total revenue. The unit recognised additional unrealised foreign-exchange losses on outstanding ...

MTN challenging R904-million back-tax bill

MTN Nigeria Communications Plc on Monday, October 30, said it has appealed the decision of the Tax Appeal Tribunal (TAT) over the payment of $47.8million fine to the Federal Inland Revenue Service (FIRS). TAT claimed the amount is for unpaid taxes between 2007 and 2017.

MTN appeals $47.8m Nigerian tax judgment

African mobile video network StarNews Mobile has secured $3 million in pre-Series A funding. Currently, the service is available in six African countries, including Cameroon (where it started), Nigeria,

French soccer players back African mobile video network StarNews Mobile in $3M round

Nigeria and restated its earnings per share for the six months through June by 13%, while Airtel Africa Plc said its loss of $13 million was “driven largely by foreign-exchange.” The relentless fall of the naira has made it Africa’s worst performer among currencies tracked by Bloomberg.

Naira Plunge Weighs on MTN, Airtel Earnings Amid Forex Pain

The relentless fall of the naira has made it Africa’s worst performer among currencies tracked by Bloomberg. Airtel reported a foreign exchange loss of $471 million. MTN’s shares dropped the most in almost three months.

MTN GROUP

mtngroup

Image Source: tabletop-world.com You’ve often heard it being said “find a need and provide a solution for it” as the secret sauce for developing great products. It’s true. One of the best ways to change the world is to find a need and solve it. When you study some of the great innovators through out all the ages, they often set out to identify problems, challenges, pain-points experienced by either themselves or other people. They then innovated solutions that solved those particular problems in return of a reward such as money or recognition. The same formula works today. At least it works for me. I always set out to solve a personal problem and discover than there are thousands of other people with the same challenge. But for African entrepreneurs specifically those in the African Tech industry, there are loopholes to this theory. Stepping in the path of the giants is one of the products that myself and friends set-out to create because we found it hard to keep track of the interesting local content in Uganda. With everyone having a Twitter or Facebook account and posting pictures of the party they had last night, and then commercial Facebook pages trying to sell us stuff, it had become a chore to look for good content online. Storipot Our solution — Storipot — was to create a directory of all local blogs and news sites in Uganda in a well categorized manner. That made it easy to find and discover great bloggers and their sites. But to keep track of content they posted, we also created a news reader which is what you’ll experience on the product’s home page. This reader curates headlines of the latest stories posted by bloggers and media houses in Uganda. And we are not done yet. Storipot is an on-going effort to make local content easily dicoverable and consumed. You can read more on . why we built Storipot However, while we have might have made significant strides in organizing the digital content space in Uganda, we face external forces bigger than ourselves. Twitter and Facebook often bundled as “social media” have become the default standard for finding content anyway in Africa. Online users no longer type in website addresses of publishers’ sites to access the latest information. The homepage is dead if you didn’t receive that memo. Instead users want content to find them where they are (on social media), not them finding content. Online users expect news to find them on their twitter stream or Facebook Newsfeed. If your content doesn’t hit their individual streams, then you’ve forever lost those users. And with Facebook’s organic reach of less than 5% of your total Facebook fan-base, contrary to popular opinion, it’s even becoming harder to distribute and find local content. Anyone who runs a Facebook page knows that very well. While Storipot could have helped with the distribution of local content, we discover that users would rather stay on their newsfeed (sometimes for free thanks to Facebook Zero) rather than visit Storipot.com to find local content. In essence, we are coming to a realization that we are in fact solving a need that Facebook already solved — finding local content. Isn’t this a common scenario faced by most African products? It is. What need are you going to solve that hasn’t already been solved by global giants? Search? There’s Google. Productivity and Word processing? There’s MS Office. Communication? There’s Gmail, Whatsapp, Twitter and several local telecoms. Accounting and Finance? There’s Quickbooks. Social networking? There’s Facebook and Twitter. E-commerce? Well, there’s no Amazon in Africa, but you’ll to build the physical infrastructure that would make E-commerce work in Africa(more on this later). Plus, if there’s something I’ve left out, simply visit Github, SourceForge, Google Code, Stackoverflow for free source code of whatever need you want to solve. Being a Tech blogger at , I see products terribly fail here. Judges and Tech pundits are quick to point at the assumption that they are not “solving any specific local need”. That’s completely wrong. Often times, the local need has already been solved by a global silicon valley giant rendering any local product attempting to solve the same problem completely useless. Dignited Mxit, South African-born Whatsapp before Whatsapp ran smoothly on feature phones such as Nokias and smartphones like Blackberry. When it was at its best, Mxit is rumored to have had over 1 millions users actively using its revolutionary messaging platform. However, the coming of Silicon Valley-backed Whatsapp spelt the end of Africa’s social and messaging platform. Even well-funded products struggle against the big shots for those of you always complaining about lack of VC support in Africa. Ugandan-born Billionaire Ashish Thakkar has dubbed “Mara Messenger” as well as a for emerging markets. Still both products haven’t taken ground anyway in Africa, not even in Uganda here. launched a Whatsapp competitor Skype competitor There have been only a handful of locally-brewed products that have made it. That’s not predominantly because they solved a need. It’s because they solved a local need that was outside of the jurisdiction of any of the Silicon Valley big-shots either because of market conditions or local regulatory landscape. The Case of M-Pesa A good example that’s often quoted is Safaricom’s M-Pesa, the posterchild of mobile money transactions. The mobile telecom roll-out mobile financial services on it’s own GSM cellular network which was outside of the global internet that’s dominated by Silicon Valley companies. By using technologies like SMS and USSD which are mostly alien to Silicon Valley, Safaricom was able to create mobile financial products in its own ecosystem. In essence Safaricom was and still is the only bull in the kraal. The same model has been used by MTN Group, Airtel among other mobile Telecoms operating in African markets. Safaricom also took advantage of loose regulatory landscape in the Kenyan financial sector to quickly grow its M-Pesa product. This explains why Mobile Money hasn’t been successful in other emerging markets where regulatory bodies put stringent measures for mobile telecoms to roll out their Mobile money products. Why dual-sim phone vendors won Another good example is the success of dual-sim smartphones in Africa by the likes of Tecno, Infinix etc. The African mobile voice market is unique compared to markets in Europe and US. I’ve about why mobile subscribers in Africa find dual-sim phones more attractive than their single-sim counterparts. One of the reasons is users want to take advantage of the various promotions and prices from different providers to cut costs. Only smartphone vendors that understood this consumer behavior have been able to capture marketshare from global big-shots like Apple, HTC, Samsung who instead release premium single-sim smartphones. extensively wrote These little-known brands didn’t just solve a need. No. They solved a need that the global giants couldn’t or were not solving. Doing it like Rocket internet Yet another case is Rocket internet online companies in Africa. Under the Africa Internet Holding (AIH), rocket internet has mastered the art of duplicating products that have worked in the west in emerging markets. But rocket internet isn’t simply a photocopying machines as many Tech media sites would like to think. Instead Rocket is strategically rolling out only products that the Silicon Valley big shots haven’t been able to effectively do in Africa. For instance, we know Rocket for being an e-commerce behemoth in Africa. It runs Jumia which is literally Africa’s biggest online mall. Kaymu which is an eBay of sorts without auctioning, Vendito which is a Craig’s List, HelloFood, an online food ordering service, Everjobs which is a job searching site among several others. Clearly Rocket Internet isn’t just about duplicating just about any product that has worked in the west into emerging markets. Why haven’t they done a “ for Africa”? Maybe a “Google for Africa” or perhaps another “Whatsapp for Africa”? Why E-commerce? Facebook If you’ve been following my arguments up until this point, the reasons are obvious. Rocket doesn’t want to cross the path of western internet giants because it knows very well the end result of that futile attempt. It will miserably loose like most African have. startups Instead Rocket is interested in E-commerce because for starters trade is local. Amazon doesn’t work in Uganda because the infrastructure for Amazon to work here doesn’t yet exist — at all. I’ve personally found it a challenge to shop anything from Amazon. One needs a which unless you earn a salary of 10 million Shillings per month won’t be given to you. The other option is a visa-enabled debit card. Your bank needs to support a with online shopping activated. credit card visa-enable debit card Only a handful of banks in Uganda do offer that service making online shopping almost impossible. Then there’s shipping a product from a vendor on Amazon (who’s most likely in the US) to Uganda. The shipping charges could be 5 times the cost of the actual product. So who’s going to shop from Amazon in their right mind? There’s no doubt that Amazon has failed to capture the Africa market. Knowing very well that Africa is outside of Amazon’s turf, Rocket is unrelenting investing in online shopping internet sites. The biggest one is Jumia which is currently in over 12 countries. I’ve shopped with Jumia Uganda. It’s the best, most fluid, painless and convenient shopping experience I’ve had. Rocket internet is willing and able to invest lots of money just to set-up the physical infrastructure that would make e-commerce a plausible venture in Africa. The offline world in the most parts of Africa is a mess. I live in Uganda and I experience the pains of broken systems on a daily. You should probably read my post on . fixing the housing sector in Uganda Done? Good. Most of Africa leap-leapfrogged postal system thanks to mobile wireless telephony. While that might have made communication affordable and accessible to all, it left physical addressing system undeveloped. Rocket internet is now paying for that. While Jumia might have my physical address in their database, it’s a complete illusion. Delivering products to my doorstep involves a long string of calls between myself and the delivery man sometimes at my expense. I’ve to direct the delivery guy to my location via phone calls. If I posted a recorded conversation, it wouldn’t be anything short of being hilarious. Rocket internet is currently incurring heavy operational costs in logistics, delivery while keeping the price of products down in order to keep customers happy. Costs that very little local startups arecapable to bare without serious Series A funding from a VC. Dancing with the giants If you’re not Rocket internet, does this mean the end of your dreams. Is this the end of innovation for local startups? Can we just throw in the towel. Of course not. Brutal as it may be, the internet presents endless opportunities even for local startups. Even in a big ocean, there are big and small fish co-existing in the same ecosystem. Internet entrepreneurs like Jason Njoku, co-founder of iRokoTV, a Video-on-demand service for Nollywood content is proof that you can dance alongside Youtube, iTunes or Netflix. Not Hollywood, but Nollywood, Jason invested in distribution and commercialization of the Nigerian local content which has a wide audience across the African continent. Ugandans for instance including myself are big fans of Nollywood movies locally known as “Ki-Nigeria”. Another person to comes to mind is Seun Osewa, the founder of Nairaland.com. You could call it the “Facebook of Nigeria”. Nairaland was started around 2005/6, just about the time that Zuck was rolling out his social network. FB hadn’t caught up yet which gave Nairaland time and space to become the ultimate online destination to find local content and connect with other Nigerians. Today Nairaland which is on top of the 10 most visited sites in Nigeria sits comfortably slightly below Facebook. Unfortunately, success stories across the continent are still limited. The hassle is real. But we must not give up. I find the internet the most interesting, invigorating, scalable space to innovate and build stuff. But don’t just solve a need. Solve a need that the big guns aren’t already solving.

Why “solve a need” formula doesn’t work for African startups

How to Create a 2D Character Controller in Unity: Part 2

Как да създадете 2D контролер на знаци в Unity: Част 2

Com crear un controlador de caràcters 2D a Unity: Part 2

Cómo crear un controlador de personajes 2D en Unity: Parte 2

Nola sortu 2D karaktere kontrolatzailea Unity-n: 2. zatia

Unity で 2D キャラクター コントローラーを作成する方法: パート 2

Ndenge ya kosala Contrôleur ya caractère 2D na bomoko: Eteni ya 2

Jak stworzyć kontroler postaci 2D w Unity: część 2

Como criar um controlador de personagem 2D no Unity: Parte 2

Ako vytvoriť 2D ovládač postavy v Unity: Časť 2

ከመይ ጌርና ኣብ ሓድነት 2D Character Controller ንፈጥር፡ 2ይ ክፋል

Paano Gumawa ng 2D Character Controller sa Unity: Part 2

Usidala Kanjani Isilawuli Sezinhlamvu Ze-2D Ebunyeni: Ingxenye 2

**NEW YORK, NY, October 30th, 2024/Chainwire/--**Morph, a global consumer layer for driving blockchain adoption, today announced its mainnet launch on Ethereum. The mainnet launch marks a significant milestone in building Morph’s consumer layer, serving as an expansion beyond a typical Layer 2. Morph’s consumer layer directly addresses the root causes of limited blockchain adoption, enabling ecosystem participants to exchange real assets and engage in transactions. Projects that are already building on Morph can now transition to the mainnet and continue developing their technology with this expanded scope, further driving growth of the consumer layer. Cecilia Hsueh, CEO and Co-Founder of Morph, commented on today’s news: “Morph’s launch on mainnet marks a significant step in our mission to bring blockchain to the masses. Currently, dApps are not designed for everyday users–we are working hard on changing this. This milestone propels our vision of a decentralized, scalable, and secure infrastructure, empowering developers and users alike with the tools they need to build and engage with the next generation of consumer-centric decentralized applications.” Morph’s consumer layer is a carefully crafted ecosystem of technologies, services, and features that combines optimistic and zero-knowledge rollups to strengthen both security and performance. To date, blockchain adoption has been slow due to regulatory, scalability, and performance issues. On the other hand, the newly-launched mainnet offers builders a blockchain experience that is scalable, secure, and user-friendly to the non-crypto native, enabling endless possibilities for consumer blockchain applications. Morph’s mainnet launch follows its previous Holesky Testnet that featured key upgrades including an EIP-4844 Optimistic zkVM integration to lower transaction costs and a revamped bridge mechanism to finalize withdrawals in a single transaction. Aiming to improve performance and infrastructure, the testnet saw over 6 million wallet addresses, 100 million transactions, more than 200 projects deployed, and 1 million plus members joining the community. “Our goal is to be the one-stop shop for all builders around the globe to come build on and be able to create success for the projects they’re working on,” said Azeem Khan, COO and Co-Founder of Morph. “While decentralization is important in technology, the inability of builders to navigate the resources needed to build, launch, and scale their companies is something we’re here to address. It’s time for there to be a chain by and for the builders. That is Morph.” As part of Morph’s vision to revolutionize the blockchain industry by transitioning from a tech-centric niche to a mainstream utility, Morph’s consumer layer approach differs from that of other blockchains which focus narrowly on technical aspects without achieving widespread adoption. To address these challenges, Morph provides builders with key resources, including funding, incubation, acceleration, and go-to-market strategies to keep consumers top of mind. Initiatives such as the recently announced Centralized Exchange Coalition, an initiative composed of top centralized exchanges, empower builders to bring their projects to market, attract users, and access essential funding. Through this comprehensive support system, Morph enables builders to succeed, driving the next wave of blockchain innovation. About Morph Morph is the global consumer layer, acting as the distribution hub for the resources builders need to launch and scale for the mass market. It leverages a hybrid solution of ZK and Optimistic roll-up technology and a decentralized sequencer to enable limitless possibilities within mainstream audiences, making it a user-friendly option for developers who require a chain to build these types of apps. Bitget, the world's leading cryptocurrency exchange, is an original investor in Morph that will continue to play a role amongst the other investors in shaping the Morph ecosystem. Contact M Group on Behalf of Morph morph@mgroupsc.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here **NEW YORK, NY, October 30th, 2024/Chainwire/--**Morph, a global consumer layer for driving blockchain adoption, today announced its mainnet launch on Ethereum. The mainnet launch marks a significant milestone in building Morph’s consumer layer, serving as an expansion beyond a typical Layer 2. Morph’s consumer layer directly addresses the root causes of limited blockchain adoption, enabling ecosystem participants to exchange real assets and engage in transactions. Projects that are already building on Morph can now transition to the mainnet and continue developing their technology with this expanded scope, further driving growth of the consumer layer. Cecilia Hsueh, CEO and Co-Founder of Morph, commented on today’s news: “Morph’s launch on mainnet marks a significant step in our mission to bring blockchain to the masses. Currently, dApps are not designed for everyday users–we are working hard on changing this. This milestone propels our vision of a decentralized, scalable, and secure infrastructure, empowering developers and users alike with the tools they need to build and engage with the next generation of consumer-centric decentralized applications.” Cecilia Hsueh, CEO and Co-Founder of Morph, commented on today’s news: “Morph’s launch on mainnet marks a significant step in our mission to bring blockchain to the masses. Currently, dApps are not designed for everyday users–we are working hard on changing this. This milestone propels our vision of a decentralized, scalable, and secure infrastructure, empowering developers and users alike with the tools they need to build and engage with the next generation of consumer-centric decentralized applications.” Morph’s consumer layer is a carefully crafted ecosystem of technologies, services, and features that combines optimistic and zero-knowledge rollups to strengthen both security and performance. To date, blockchain adoption has been slow due to regulatory, scalability, and performance issues. On the other hand, the newly-launched mainnet offers builders a blockchain experience that is scalable, secure, and user-friendly to the non-crypto native, enabling endless possibilities for consumer blockchain applications. Morph’s mainnet launch follows its previous Holesky Testnet that featured key upgrades including an EIP-4844 Optimistic zkVM integration to lower transaction costs and a revamped bridge mechanism to finalize withdrawals in a single transaction. Aiming to improve performance and infrastructure, the testnet saw over 6 million wallet addresses, 100 million transactions, more than 200 projects deployed, and 1 million plus members joining the community. “Our goal is to be the one-stop shop for all builders around the globe to come build on and be able to create success for the projects they’re working on,” said Azeem Khan, COO and Co-Founder of Morph. “While decentralization is important in technology, the inability of builders to navigate the resources needed to build, launch, and scale their companies is something we’re here to address. It’s time for there to be a chain by and for the builders. That is Morph.” “Our goal is to be the one-stop shop for all builders around the globe to come build on and be able to create success for the projects they’re working on,” said Azeem Khan, COO and Co-Founder of Morph. “While decentralization is important in technology, the inability of builders to navigate the resources needed to build, launch, and scale their companies is something we’re here to address. It’s time for there to be a chain by and for the builders. That is Morph.” As part of Morph’s vision to revolutionize the blockchain industry by transitioning from a tech-centric niche to a mainstream utility, Morph’s consumer layer approach differs from that of other blockchains which focus narrowly on technical aspects without achieving widespread adoption. To address these challenges, Morph provides builders with key resources, including funding, incubation, acceleration, and go-to-market strategies to keep consumers top of mind. Initiatives such as the recently announced Centralized Exchange Coalition , an initiative composed of top centralized exchanges, empower builders to bring their projects to market, attract users, and access essential funding. Through this comprehensive support system, Morph enables builders to succeed, driving the next wave of blockchain innovation. Centralized Exchange Coalition Centralized Exchange Coalition About Morph Morph is the global consumer layer, acting as the distribution hub for the resources builders need to launch and scale for the mass market. It leverages a hybrid solution of ZK and Optimistic roll-up technology and a decentralized sequencer to enable limitless possibilities within mainstream audiences, making it a user-friendly option for developers who require a chain to build these types of apps. Bitget, the world's leading cryptocurrency exchange, is an original investor in Morph that will continue to play a role amongst the other investors in shaping the Morph ecosystem. Morph Morph Contact M Group on Behalf of Morph morph@mgroupsc.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

Morph Announces Mainnet Launch On Ethereum, Paving The Way For Consumer Blockchain Adoption

ሞርፍ ሜይንኔትን በEthereum ላይ መጀመሩን አስታውቋል፣ለሸማቾች ብሎክቼይን ጉዲፈቻ መንገዱን እየጠረገ ነው።

Morph, istehlakçı blokçeyninin qəbulu üçün yol açan Ethereum-da Mainnet işə salındığını elan etdi

Morph oznamuje spuštění Mainnetu na Ethereum, čímž připravuje cestu pro spotřebitelské přijetí blockchainu

Η Morph ανακοινώνει την κυκλοφορία του Mainnet στο Ethereum, ανοίγοντας τον δρόμο για την υιοθέτηση του Blockchain από καταναλωτές

Morph anuncia el lanzamiento de la red principal en Ethereum, allanando el camino para la adopción de blockchain por parte de los consumidores

Morph Anonse Lansman Mainnet sou Ethereum, Pave wout la pou Adopsyon Blockchain Konsomatè

Morph מכריזה על השקת Mainnet ב-Ethereum, וסוללת את הדרך לאימוץ בלוקצ'יין לצרכן

Morph がイーサリアムのメインネット立ち上げを発表、消費者のブロックチェーン導入への道を開く

Morph Asakoli Lancement Ya Mainnet Na Ethereum, Kofungola Nzela Pona Adoption Ya Blockchain Ya Consommateur

Morph wuxuu ku dhawaaqay inuu bilaabay Mainnet ee Ethereum, isagoo u gogol xaaraya dariiqa loogu talagalay korsashada blockchain macaamiisha

ሞርፍ ኣብ ኤትሪየም ማይኔት ምጅማር ኣፍሊጡ፣ እዚ ድማ ንተጠቀምቲ ብሎክቸይን ምቕባል መንገዲ ጸሪጉ

Morph Yi Tivisa Ku Sunguriwa Ka Mainnet Eka Ethereum, Ku Pfula Ndlela Ya Ku Amukela Blockchain Ya Vaxavi

LONDON, United Kingdom, October 9th, 2024/Chainwire/--Stablecoin Standard, the industry body for stablecoin issuers globally, today announced that their recently unveiled set of global standards for stablecoin issuers have been endorsed by some of the leading stablecoin issuers and ecosystem participants in the industry. Among those who have endorsed are Archblock, BiLira, Bitstamp, GMO-Z.com Trust Company (‘GMO Trust’), JST Digital, Fireblocks, Solana Foundation, StraitsX and Zodia Markets, signaling a new era of cooperation and standardization within the stablecoin industry. The standards, announced by Beth Haddock, Global Policy Lead at Stablecoin Standard, at the Annual Flagship Event in Singapore, were designed to promote operational resilience, transparency and consistent issuer commitments globally. Stablecoin Standard’s Policy Working Group created the high-level standards that are both general and actionable, while being sensitive to the innovation in the market. Beth Haddock, Global Policy Lead at Stablecoin Standard, commented on the endorsements: "Their endorsement not only validates the rigor of our proposed framework but also underscores the importance of creating a stable, transparent, and resilient environment for digital currencies. This milestone, following discussions at our annual meeting, sets a strong foundation for the continued evolution of the ecosystem.” The endorsement of the standards lays the groundwork for a stablecoin ecosystem that prioritizes transparency, security and consumer protection. With increased scrutiny from regulators and growing demand for digital assets, unified standards can provide clarity and assurance to both industry participants and the public. Stablecoin Standard’s new framework aims to accelerate the adoption of stablecoins by fostering greater confidence among consumers, regulators, and traditional financial institutions. Ramy Soliman, Co-Founder of Stablecoin Standard, commented on the endorsements: “The endorsement of our global standards by leading stablecoin issuers such as, BiLira and ecosystem participants, including industry leaders like Solana, Zodia Markets and JST Digital, is a vital step toward establishing a unified, trusted framework for the entire sector. As stablecoins continue to redefine the future of digital payments, these standards will provide the foundation for long-term growth, transparency, and security. This collective commitment—solidified during discussions at our annual meeting—not only underscores the industry’s dedication to fostering innovation but also demonstrates a concerted effort to align with evolving regulatory expectations and build the consumer trust essential for stablecoins to thrive globally.” Stablecoin Standard and its endorsing members plan to continue refining these standards for implementation with the goal of achieving industry-wide adherence by Q4 2025. Quotes from Endorsers: Sinan Koç, Co-founder and CEO of BiLira, commented on their endorsement, “As a stablecoin issuer, BiLira has always prioritized transparency, security, and adherence to high standards, which is why we are proud to endorse the Stablecoin Standard’s newly introduced set of global standards. TRYB is governed with a commitment to uphold these principles, which we believe are essential for fostering trust and stability in the rapidly evolving digital asset space. We support this initiative as a significant step towards a more resilient and unified stablecoin ecosystem.” Ran Goldi, SVP Payments and Network at Fireblocks, commented on their endorsement, "With more than a dozen stablecoins issued on Fireblocks, we strongly believe standards are the right path for our ecosystem with regard to interoperability and reaching the holy grail of instant liquidity any time, anywhere. SCS is taking a big, bold step, and we proudly endorse and stand with them on this journey.” Kenny Chan, Head of StraitsX, commented on their endorsement, “As one of the leading regulated stablecoin issuers in Asia, StraitsX is committed to upholding the highest standards of transparency and operational resilience. We are proud to support the Stablecoin Standard’s newly introduced global standards, which will help build greater trust in the stablecoin ecosystem and ensure that digital currencies can be securely and seamlessly adopted by businesses and consumers worldwide. By working collaboratively with key industry participants, we believe these standards will provide a strong foundation for the future of stablecoins, promoting innovation while ensuring compliance with evolving regulatory frameworks.” About Stablecoin Standard Stablecoin Standard (SCS) is the industry body focused on setting operational, transparency, and product related standards for stablecoins. The SCS plans to achieve industry wide standards by sharing international best practices, business development use cases, forming industry led working groups defining what a high-quality liquid stablecoin should look like, and engaging with policymakers domestically & internationally. The SCS ecosystem consists of over 30 advisory board members, industry partners and issuers that offer digital currencies in global jurisdictions such as the US, EU, Singapore, Australia, and Turkey - among others. Users can follow the Stablecoin Standard on LinkedIn and X and to learn more, please visit: https://stablecoinstandard.com/ Contact Kevin McGrath stablecoinstandard@mgroupsc.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here LONDON, United Kingdom, October 9th, 2024/Chainwire/--Stablecoin Standard, the industry body for stablecoin issuers globally, today announced that their recently unveiled set of global standards for stablecoin issuers have been endorsed by some of the leading stablecoin issuers and ecosystem participants in the industry. industry body industry body Among those who have endorsed are Archblock, BiLira, Bitstamp, GMO-Z.com Trust Company (‘GMO Trust’), JST Digital, Fireblocks, Solana Foundation, StraitsX and Zodia Markets, signaling a new era of cooperation and standardization within the stablecoin industry. The standards, announced by Beth Haddock, Global Policy Lead at Stablecoin Standard, at the Annual Flagship Event in Singapore, were designed to promote operational resilience, transparency and consistent issuer commitments globally. Stablecoin Standard’s Policy Working Group created the high-level standards that are both general and actionable, while being sensitive to the innovation in the market. The standards, The standards, Beth Haddock, Global Policy Lead at Stablecoin Standard, commented on the endorsements: "Their endorsement not only validates the rigor of our proposed framework but also underscores the importance of creating a stable, transparent, and resilient environment for digital currencies. This milestone, following discussions at our annual meeting, sets a strong foundation for the continued evolution of the ecosystem.” Beth Haddock, Global Policy Lead at Stablecoin Standard, commented on the endorsements: "Their endorsement not only validates the rigor of our proposed framework but also underscores the importance of creating a stable, transparent, and resilient environment for digital currencies. This milestone, following discussions at our annual meeting, sets a strong foundation for the continued evolution of the ecosystem.” The endorsement of the standards lays the groundwork for a stablecoin ecosystem that prioritizes transparency, security and consumer protection. With increased scrutiny from regulators and growing demand for digital assets, unified standards can provide clarity and assurance to both industry participants and the public. Stablecoin Standard’s new framework aims to accelerate the adoption of stablecoins by fostering greater confidence among consumers, regulators, and traditional financial institutions. Ramy Soliman, Co-Founder of Stablecoin Standard, commented on the endorsements: “The endorsement of our global standards by leading stablecoin issuers such as, BiLira and ecosystem participants, including industry leaders like Solana, Zodia Markets and JST Digital, is a vital step toward establishing a unified, trusted framework for the entire sector. As stablecoins continue to redefine the future of digital payments, these standards will provide the foundation for long-term growth, transparency, and security. This collective commitment—solidified during discussions at our annual meeting—not only underscores the industry’s dedication to fostering innovation but also demonstrates a concerted effort to align with evolving regulatory expectations and build the consumer trust essential for stablecoins to thrive globally.” Stablecoin Standard and its endorsing members plan to continue refining these standards for implementation with the goal of achieving industry-wide adherence by Q4 2025. Quotes from Endorsers: Sinan Koç, Co-founder and CEO of BiLira, commented on their endorsement, “As a stablecoin issuer, BiLira has always prioritized transparency, security, and adherence to high standards, which is why we are proud to endorse the Stablecoin Standard’s newly introduced set of global standards. TRYB is governed with a commitment to uphold these principles, which we believe are essential for fostering trust and stability in the rapidly evolving digital asset space. We support this initiative as a significant step towards a more resilient and unified stablecoin ecosystem.” Sinan Koç, Co-founder and CEO of BiLira, commented on their endorsement, “As a stablecoin issuer, BiLira has always prioritized transparency, security, and adherence to high standards, which is why we are proud to endorse the Stablecoin Standard’s newly introduced set of global standards. TRYB is governed with a commitment to uphold these principles, which we believe are essential for fostering trust and stability in the rapidly evolving digital asset space. We support this initiative as a significant step towards a more resilient and unified stablecoin ecosystem.” Ran Goldi, SVP Payments and Network at Fireblocks, commented on their endorsement, "With more than a dozen stablecoins issued on Fireblocks, we strongly believe standards are the right path for our ecosystem with regard to interoperability and reaching the holy grail of instant liquidity any time, anywhere. SCS is taking a big, bold step, and we proudly endorse and stand with them on this journey.” Ran Goldi, SVP Payments and Network at Fireblocks, commented on their endorsement, "With more than a dozen stablecoins issued on Fireblocks, we strongly believe standards are the right path for our ecosystem with regard to interoperability and reaching the holy grail of instant liquidity any time, anywhere. SCS is taking a big, bold step, and we proudly endorse and stand with them on this journey.” Kenny Chan, Head of StraitsX, commented on their endorsement, “As one of the leading regulated stablecoin issuers in Asia, StraitsX is committed to upholding the highest standards of transparency and operational resilience. We are proud to support the Stablecoin Standard’s newly introduced global standards, which will help build greater trust in the stablecoin ecosystem and ensure that digital currencies can be securely and seamlessly adopted by businesses and consumers worldwide. By working collaboratively with key industry participants, we believe these standards will provide a strong foundation for the future of stablecoins, promoting innovation while ensuring compliance with evolving regulatory frameworks.” Kenny Chan, Head of StraitsX, commented on their endorsement, “As one of the leading regulated stablecoin issuers in Asia, StraitsX is committed to upholding the highest standards of transparency and operational resilience. We are proud to support the Stablecoin Standard’s newly introduced global standards, which will help build greater trust in the stablecoin ecosystem and ensure that digital currencies can be securely and seamlessly adopted by businesses and consumers worldwide. By working collaboratively with key industry participants, we believe these standards will provide a strong foundation for the future of stablecoins, promoting innovation while ensuring compliance with evolving regulatory frameworks.” About Stablecoin Standard Stablecoin Standard (SCS) is the industry body focused on setting operational, transparency, and product related standards for stablecoins. The SCS plans to achieve industry wide standards by sharing international best practices, business development use cases, forming industry led working groups defining what a high-quality liquid stablecoin should look like, and engaging with policymakers domestically & internationally. The SCS ecosystem consists of over 30 advisory board members, industry partners and issuers that offer digital currencies in global jurisdictions such as the US, EU, Singapore, Australia, and Turkey - among others. Users can follow the Stablecoin Standard on LinkedIn and X and to learn more, please visit: https://stablecoinstandard.com/ LinkedIn LinkedIn X X https://stablecoinstandard.com/ https://stablecoinstandard.com/ Contact Kevin McGrath stablecoinstandard@mgroupsc.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

Leading Stablecoin Issuers And Crypto Firms Embrace International Set Of Stablecoin Standards

Nayrir Emisores Stablecoin Ukat Firmas Cripto ukanakax Conjunto Internacional De Estándares De Stablecoin ukar katuqapxi

Els principals emissors de Stablecoin i les empreses de criptografia adopten un conjunt internacional d'estàndards Stablecoin

Führende Stablecoin-Emittenten und Krypto-Unternehmen übernehmen internationale Stablecoin-Standards

Los principales emisores de monedas estables y empresas de criptomonedas adoptan un conjunto internacional de estándares para monedas estables

Stablecoin-ի առաջատար թողարկողները և կրիպտո ընկերությունները ընդունում են Stablecoin ստանդարտների միջազգային փաթեթը

主要なステーブルコイン発行者と暗号通貨企業が国際的なステーブルコイン基準を採用

អ្នកចេញ Stablecoin ឈានមុខគេ និងក្រុមហ៊ុន Crypto ទទួលយកស្តង់ដារអន្តរជាតិនៃ Stablecoin

선도적인 스테이블코인 발행자와 암호화폐 회사, 국제 스테이블코인 표준 채택

Umalliq Stablecoin Emisorkuna Hinallataq Crypto Firmakuna Abrazan Internacional Conjunto De Stablecoin Estándares

ผู้ให้บริการ Stablecoin ชั้นนำและบริษัท Crypto ต่างยอมรับมาตรฐาน Stablecoin ระดับสากล

معروف Stablecoin جاری کرنے والے اور Crypto فرمیں Stablecoin کے معیارات کے بین الاقوامی سیٹ کو قبول کرتی ہیں

领先的稳定币发行者和加密货币公司采用国际稳定币标准

NEW YORK, NY, September 17th, 2024/Chainwire/--Threshold Network, the DAO behind tBTC, the first decentralized asset bridging Bitcoin and Ethereum, announced that EigenLayer, the restaking protocol built by Eigen Labs, has officially started accepting tBTC deposits, making tBTC the first incentivized bitcoin asset on EigenLayer. Threshold’s integration with EigenLayer underscores the BitcoinFi community’s outpaced demand for staked Bitcoin—a major shift towards maximizing the full earning power of Bitcoin for users,” commented MacLane Wilkison, Contributor to Threshold. “It is a testament to tBTC’s strength in securing the BitcoinFi ecosystem through the diversification of assets available. To date, leading protocols including Curve, GMX, and Compound, among others, have integrated the asset for its flexibility as one of most decentralized wrapped assets on the market.” The Threshold Network DAO, which governs tBTC, offers incentives of up to $45K in T over the first 3 months for new users who deposit tBTC into EigenLayer. With Eigenlayer, users have a new way to maximize capital efficiency: opting in to secure additional protocols through restaking. This method strengthens economic security by leveraging Bitcoin’s stability—an asset that accounts for over 50% of the total crypto market cap—and merging its long-term non-inflationary nature with the Proof of Stake (PoS) consensus model. Notably, restaking just 7% of Bitcoin’s total supply would provide the same level of economic security as Ethereum, underscoring Bitcoin’s potential as a PoS asset. “The inclusion of Threshold’s tBTC as a restakeable asset on EigenLayer is another major step forward towards open innovation by building connectivity with the bitcoin ecosystem, broadening the scope of assets that can contribute to securing decentralized networks, and providing greater optionality and utility for AVSs and restakers,” stated Sreeram Kannan, Founder and CEO of Eigen Labs. Following the emergence of Bitcoin staking projects like Babylon, Lombard, and Acre, EigenLayer's adoption of tBTC is a testament to the power of Bitcoin restaking in incentivizing users to put Bitcoin to use beyond a store of value. tBTC’s ability to bridge the Bitcoin and Ethereum ecosystem makes it the optimal solution for driving the development of the BitcoinFi ecosystem. About Threshold Network: Threshold Network offers decentralized cryptography services that enhance privacy and security on public blockchains by distributing operations across independent nodes. Powered by the T token, users can stake and operate nodes to support key services like tBTC, a Bitcoin bridge, and TACo, an access control tool. By minimizing reliance on centralized entities, Threshold ensures trustless, secure, and privacy-focused solutions for decentralized applications in the evolving Web 3.0 landscape. To learn more, please visit: https://threshold.network/ About EigenLayer: EigenLayer is a protocol built on Ethereum that pioneered restaking, a new primitive in cryptoeconomic security. Through a system of interconnected smart contracts, any ERC-20 token, such as tBTC, can be "restaked" to participate in not one, but any number of Actively Validated Services (AVSs) in exchange for fees and/or rewards. Operators opt into these opportunities by running additional node software and in some cases grant the EigenLayer smart contracts the ability to impose additional slashing conditions on their assets as specified by the AVS. Contact M Group on Behalf of Threshold tkaufmann@mgroupsc.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here NEW YORK, NY, September 17th, 2024/Chainwire/--Threshold Network, the DAO behind tBTC, the first decentralized asset bridging Bitcoin and Ethereum, announced that EigenLayer, the restaking protocol built by Eigen Labs, has officially started accepting tBTC deposits, making tBTC the first incentivized bitcoin asset on EigenLayer. Threshold’s integration with EigenLayer underscores the BitcoinFi community’s outpaced demand for staked Bitcoin—a major shift towards maximizing the full earning power of Bitcoin for users,” commented MacLane Wilkison, Contributor to Threshold. “It is a testament to tBTC’s strength in securing the BitcoinFi ecosystem through the diversification of assets available. To date, leading protocols including Curve, GMX, and Compound, among others, have integrated the asset for its flexibility as one of most decentralized wrapped assets on the market.” “It is a testament to tBTC’s strength in securing the BitcoinFi ecosystem through the diversification of assets available. To date, leading protocols including Curve, GMX, and Compound, among others, have integrated the asset for its flexibility as one of most decentralized wrapped assets on the market.” The Threshold Network DAO, which governs tBTC, offers incentives of up to $45K in T over the first 3 months for new users who deposit tBTC into EigenLayer. With Eigenlayer, users have a new way to maximize capital efficiency: opting in to secure additional protocols through restaking. This method strengthens economic security by leveraging Bitcoin’s stability—an asset that accounts for over 50% of the total crypto market cap—and merging its long-term non-inflationary nature with the Proof of Stake (PoS) consensus model. Notably, restaking just 7% of Bitcoin’s total supply would provide the same level of economic security as Ethereum, underscoring Bitcoin’s potential as a PoS asset. “The inclusion of Threshold’s tBTC as a restakeable asset on EigenLayer is another major step forward towards open innovation by building connectivity with the bitcoin ecosystem, broadening the scope of assets that can contribute to securing decentralized networks, and providing greater optionality and utility for AVSs and restakers,” stated Sreeram Kannan, Founder and CEO of Eigen Labs. “The inclusion of Threshold’s tBTC as a restakeable asset on EigenLayer is another major step forward towards open innovation by building connectivity with the bitcoin ecosystem, broadening the scope of assets that can contribute to securing decentralized networks, and providing greater optionality and utility for AVSs and restakers,” stated Sreeram Kannan, Founder and CEO of Eigen Labs. Following the emergence of Bitcoin staking projects like Babylon, Lombard, and Acre, EigenLayer's adoption of tBTC is a testament to the power of Bitcoin restaking in incentivizing users to put Bitcoin to use beyond a store of value. tBTC’s ability to bridge the Bitcoin and Ethereum ecosystem makes it the optimal solution for driving the development of the BitcoinFi ecosystem. About Threshold Network: Threshold Network offers decentralized cryptography services that enhance privacy and security on public blockchains by distributing operations across independent nodes. Threshold Network Threshold Network Powered by the T token, users can stake and operate nodes to support key services like tBTC, a Bitcoin bridge, and TACo, an access control tool. By minimizing reliance on centralized entities, Threshold ensures trustless, secure, and privacy-focused solutions for decentralized applications in the evolving Web 3.0 landscape. To learn more, please visit: https://threshold.network/ https://threshold.network/ https://threshold.network/ About EigenLayer: EigenLayer is a protocol built on Ethereum that pioneered restaking, a new primitive in cryptoeconomic security. Through a system of interconnected smart contracts, any ERC-20 token, such as tBTC, can be "restaked" to participate in not one, but any number of Actively Validated Services (AVSs) in exchange for fees and/or rewards. Operators opt into these opportunities by running additional node software and in some cases grant the EigenLayer smart contracts the ability to impose additional slashing conditions on their assets as specified by the AVS. Contact M Group on Behalf of Threshold tkaufmann@mgroupsc.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here

tBTC Becomes The First Incentivized BTC Asset On EigenLayer

tBTC става първият стимулиран BTC актив на EigenLayer

tBTC se convierte en el primer activo BTC incentivado en EigenLayer

tBTC به اولین دارایی BTC مشوق در لایه ویژه تبدیل می شود

tBTC convértese no primeiro activo BTC incentivado en EigenLayer

tBTC が EigenLayer 初のインセンティブ付き BTC 資産に

tBTC ხდება პირველი სტიმულირებული BTC აქტივი EigenLayer-ზე

tBTC ក្លាយជាទ្រព្យសម្បត្តិ BTC ដែលត្រូវបានលើកទឹកចិត្តជាលើកដំបូងនៅលើ EigenLayer

tBTC EigenLayer боюнча биринчи демделген BTC активи болуп калды

tBTC EigenLayer मा पहिलो प्रोत्साहन BTC सम्पत्ति बन्छ

tBTC EigenLayer-de ilkinji höweslendirilen BTC aktiwine öwrülýär

tBTC Yi Va Nhundzu Yo Sungula Ya BTC Leyi Hlohloteriweke Eka EigenLayer

I-tBTC Iba Impahla Ye-BTC Yokuqala Ekhuthaziwe Ku-EigenLayer

LONDON, United Kingdom, August 21st, 2024/Chainwire/--Aave, the leading DeFi protocol governed by the Aave DAO, today announced the launch of Aave V3 on Era Mainnet powered by ZKsync. With efficient and secure transactions provided by ZKsync technology, the launch of Aave V3 on Era is poised to bring liquidity and yield generation capabilities to the Elastic Chain ecosystem. Users of Aave will gain access to advanced zero-knowledge (ZK) technology that provides low-cost transactions while deriving security from Ethereum using cryptographic validity proofs. As part of the integration, Chainlink will provide secure and reliable price feeds. “This integration marks a pivotal moment for both the Aave and ZKsync communities, providing opportunities for increased access, collaboration, and innovation,” said Aave Labs Founder and CEO Stani Kulechov. “By combining ZK-proofs and the unified Elastic Chain ecosystem, Aave can unlock unprecedented scalability, privacy, and security, expanding the DeFi user base and new institutional use cases.” Alex Gluchowski, Co-Inventor of ZKsync, commented, “Aave has established itself as one of the leading DeFi protocols and has played a core role in the growth and adoption of crypto since its launch. As ZKsync’s Elastic Chain keeps building momentum, it is important that it become a place where both retail and institutional users can leverage a secure access point for the digital asset ecosystem across all ZK Chains ZKsync is the most advanced and future-proof scaling solution powered by ZK-proof technology, and with the deployment of Aave on Era, a greater audience will be able to leverage ZKsync to its fullest potential.” “I’ve been working with the Aave team since 2019, and ZKSync since early 2022,” said Johann Eid, Chief Business Officer at Chainlink Labs. “In a short amount of time, both projects have had a profound impact on DeFi and the blockchain industry as a whole, helping to drive interest, secure transactions, and bring a large amount of value and innovation into this space. Aave V3’s deployment on Era Mainnet brings together a foundational DeFi protocol and a pioneer that is pushing the zero knowledge space forward, which is a major step forward for our industry, and Chainlink Price Feeds are playing a key role in ensuring that the market data powering the protocol is ultra-reliable and accessible. This launch is an important milestone in terms of DeFi scalability, and its potential to increase institutional usage is an exciting development for onchain finance at large.” A Layer 2 scaling solution that leverages ZK technology, ZKsync offers low-cost, faster transactions in a secure and decentralized environment. The addition of Aave is set to attract a wider user base, improve the user experience, and establish Aave as a leading DeFi protocol within the rapidly growing Elastic Chain ecosystem. DeFi Gateway for Institutional Finance The Aave deployment will also set the stage for privacy-focused DeFi applications. These applications will leverage Aave’s competitive liquidity, flexibility and conservative risk management to meet the increasing demand for enhanced privacy in DeFi. Additionally, this deployment is expected to unlock new institutional use cases, ranging from private networks to networks tailored for specific asset classes, risk profiles, and user segments. This integration also unlocks new opportunities for the Aave-native overcollateralized stablecoin GHO and future products, such as fast, cost-efficient payments. After positive technical evaluation done by BGD Labs and positive risk analysis by Chaos Labs and asset/parameters recommendations by the risk service providers, BGD had deployed the integration and the Aave DAO has approved USDC, USDT, WETH and wstETH as the initial assets available on Era. The initial risk parameters for each asset can be found here. The Aave DAO is committed to redistributing any airdrops received from the ZKsync ecosystem via liquidity mining towards Aave users. The distribution will include GHO secondary liquidity incentives, safety module deployments, and merit programs. Aave Chan Initiative (ACI), one of Aave DAO’s service providers, will coordinate any liquidity mining campaign on the ZKsync Aave V3 deployment, on behalf of the Aave DAO.The deployment governance proposals can be found here and here. Contact M Group Strategic Communications ppadovano@mgroupsc.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. LONDON, United Kingdom, August 21st, 2024/Chainwire/--Aave, the leading DeFi protocol governed by the Aave DAO, today announced the launch of Aave V3 on Era Mainnet powered by ZKsync. With efficient and secure transactions provided by ZKsync technology, the launch of Aave V3 on Era is poised to bring liquidity and yield generation capabilities to the Elastic Chain ecosystem. Users of Aave will gain access to advanced zero-knowledge (ZK) technology that provides low-cost transactions while deriving security from Ethereum using cryptographic validity proofs. As part of the integration, Chainlink will provide secure and reliable price feeds. “This integration marks a pivotal moment for both the Aave and ZKsync communities, providing opportunities for increased access, collaboration, and innovation,” said Aave Labs Founder and CEO Stani Kulechov. “This integration marks a pivotal moment for both the Aave and ZKsync communities, providing opportunities for increased access, collaboration, and innovation,” said Aave Labs Founder and CEO Stani Kulechov. “By combining ZK-proofs and the unified Elastic Chain ecosystem, Aave can unlock unprecedented scalability, privacy, and security, expanding the DeFi user base and new institutional use cases.” “By combining ZK-proofs and the unified Elastic Chain ecosystem, Aave can unlock unprecedented scalability, privacy, and security, expanding the DeFi user base and new institutional use cases.” Alex Gluchowski, Co-Inventor of ZKsync, commented, “Aave has established itself as one of the leading DeFi protocols and has played a core role in the growth and adoption of crypto since its launch. As ZKsync’s Elastic Chain keeps building momentum, it is important that it become a place where both retail and institutional users can leverage a secure access point for the digital asset ecosystem across all ZK Chains ZKsync is the most advanced and future-proof scaling solution powered by ZK-proof technology, and with the deployment of Aave on Era, a greater audience will be able to leverage ZKsync to its fullest potential.” Alex Gluchowski, Co-Inventor of ZKsync, commented, “Aave has established itself as one of the leading DeFi protocols and has played a core role in the growth and adoption of crypto since its launch. As ZKsync’s Elastic Chain keeps building momentum, it is important that it become a place where both retail and institutional users can leverage a secure access point for the digital asset ecosystem across all ZK Chains ZKsync is the most advanced and future-proof scaling solution powered by ZK-proof technology, and with the deployment of Aave on Era, a greater audience will be able to leverage ZKsync to its fullest potential.” “I’ve been working with the Aave team since 2019, and ZKSync since early 2022,” said Johann Eid, Chief Business Officer at Chainlink Labs. “I’ve been working with the Aave team since 2019, and ZKSync since early 2022,” said Johann Eid, Chief Business Officer at Chainlink Labs. “In a short amount of time, both projects have had a profound impact on DeFi and the blockchain industry as a whole, helping to drive interest, secure transactions, and bring a large amount of value and innovation into this space. Aave V3’s deployment on Era Mainnet brings together a foundational DeFi protocol and a pioneer that is pushing the zero knowledge space forward, which is a major step forward for our industry, and Chainlink Price Feeds are playing a key role in ensuring that the market data powering the protocol is ultra-reliable and accessible. This launch is an important milestone in terms of DeFi scalability, and its potential to increase institutional usage is an exciting development for onchain finance at large.” “In a short amount of time, both projects have had a profound impact on DeFi and the blockchain industry as a whole, helping to drive interest, secure transactions, and bring a large amount of value and innovation into this space. Aave V3’s deployment on Era Mainnet brings together a foundational DeFi protocol and a pioneer that is pushing the zero knowledge space forward, which is a major step forward for our industry, and Chainlink Price Feeds are playing a key role in ensuring that the market data powering the protocol is ultra-reliable and accessible. This launch is an important milestone in terms of DeFi scalability, and its potential to increase institutional usage is an exciting development for onchain finance at large.” A Layer 2 scaling solution that leverages ZK technology, ZKsync offers low-cost, faster transactions in a secure and decentralized environment. The addition of Aave is set to attract a wider user base, improve the user experience, and establish Aave as a leading DeFi protocol within the rapidly growing Elastic Chain ecosystem. DeFi Gateway for Institutional Finance The Aave deployment will also set the stage for privacy-focused DeFi applications. These applications will leverage Aave’s competitive liquidity, flexibility and conservative risk management to meet the increasing demand for enhanced privacy in DeFi. Additionally, this deployment is expected to unlock new institutional use cases, ranging from private networks to networks tailored for specific asset classes, risk profiles, and user segments. This integration also unlocks new opportunities for the Aave-native overcollateralized stablecoin GHO and future products, such as fast, cost-efficient payments. After positive technical evaluation done by BGD Labs and positive risk analysis by Chaos Labs and asset/parameters recommendations by the risk service providers, BGD had deployed the integration and the Aave DAO has approved USDC, USDT, WETH and wstETH as the initial assets available on Era. The initial risk parameters for each asset can be found here. The Aave DAO is committed to redistributing any airdrops received from the ZKsync ecosystem via liquidity mining towards Aave users. The distribution will include GHO secondary liquidity incentives, safety module deployments, and merit programs. Aave Chan Initiative (ACI), one of Aave DAO’s service providers, will coordinate any liquidity mining campaign on the ZKsync Aave V3 deployment, on behalf of the Aave DAO.The deployment governance proposals can be found here and here. Contact M Group Strategic Communications ppadovano@mgroupsc.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Aave Launches On Era Mainnet Powered By ZKsync

Aave ZKsync দ্বারা চালিত Era Mainnet-এ চালু হয়েছে

Aave startet auf Era Mainnet mit ZKsync-Unterstützung

Aave se lanza en la red principal de Era con tecnología ZKsync

Aave est lancé sur le réseau principal Era, propulsé par ZKsync

एवे को ZKsync द्वारा संचालित एरा मेननेट पर लॉन्च किया गया

Aave が ZKsync 搭載の Era メインネットでローンチ

Aave, ZKsync로 구동되는 Era 메인넷 출시

Aave é lançado na Mainnet Era com tecnologia ZKsync

Aave запускается в сети Era Mainnet на базе ZKsync

Aave, ZKsync Tarafından Desteklenen Era Ana Ağında Başlatıldı

Aave ra mắt trên Era Mainnet được hỗ trợ bởi ZKsync

Aave 在由 ZKsync 提供支持的 Era 主网上线

How to Create a 2D Character Controller in Unity: Part 1

কিভাবে ঐক্যে একটি 2D ক্যারেক্টার কন্ট্রোলার তৈরি করবেন: পার্ট 1

So erstellen Sie einen 2D-Charakter-Controller in Unity: Teil 1

Cómo crear un controlador de personajes 2D en Unity: Parte 1

Comment créer un contrôleur de personnage 2D dans Unity : partie 1

यूनिटी में 2D कैरेक्टर कंट्रोलर कैसे बनाएं: भाग 1

Unity で 2D キャラクター コントローラーを作成する方法: パート 1

Unity에서 2D 캐릭터 컨트롤러를 만드는 방법: 1부

Como criar um controlador de personagem 2D no Unity: Parte 1

Как создать контроллер 2D-персонажа в Unity: часть 1

Unity'de 2D Karakter Kontrol Cihazı Nasıl Oluşturulur: Bölüm 1

Cách tạo bộ điều khiển nhân vật 2D trong Unity: Phần 1

如何在 Unity 中创建 2D 角色控制器：第 1 部分

dWallet Network, a trailblazer in decentralized, native multi-chain technology, and Mysten Labs, a Web3 infrastructure company and the original contributor to Sui, announced their strategic partnership, focusing on the introduction of multi-chain interoperability into the ecosystem on Sui, the groundbreaking Layer 1 and smart contract platform. DeFi With the integration of the dWallet primitive, applications built on Sui can sign transactions on Bitcoin and Ethereum, opening up new cross-chain experiences on Sui. Sui is renowned for its secure, high-throughput, and low-latency blockchain capabilities, utilizing the Move smart contract language to offer developers a robust and secure platform for building sophisticated applications, all while maintaining extremely low and consistent gas fees. Through the partnership with dWallet Network, Sui is now poised to harness native, non-collusive, and decentralized dWallet technology, enabling seamless cross-chain interactions within its ecosystem. This collaboration is particularly significant for DeFi initiatives on Sui, providing them with the unprecedented ability to include native BTC and ETH transactions, a milestone in blockchain interoperability and functionality. To implement the dWallet primitive, the dWallet Network utilizes 2PC-MPC, the state-of-the-art protocol invented by its team. This industry-first multiparty protocol enables the generation of an ECDSA signature in a non-collusive way, requiring participation from both the end-user and a significant number of nodes, the number of which could potentially reach hundreds or thousands. Omer Sadika, Co-Founder of dWallet Network, expressed his excitement about the partnership, stating, "We are excited to partner with Mysten Labs and bring our decentralized, non-collusive dWallet building block to the Sui ecosystem. This partnership not only broadens the horizons for DeFi and gaming on Sui but also represents a significant leap toward realizing our vision of a seamless, multi-chain future. "An exciting aspect of this partnership is the use of dWallets in conjunction with Sui's zkLogin feature, offering a simplified Web2 user experience for managing assets across blockchains, including Bitcoin and Ethereum. This innovative approach leverages the ease of Web2 logins, like Google accounts, to interact with any asset on any blockchain, thereby reducing barriers to entry for users and enabling mass adoption of blockchain technology. Furthermore, the collaboration extends beyond technical integration, with dWallet Network and the Sui Foundation co-hosting the Overflow hackathon. This event underscores the commitment of both projects to foster innovation, community engagement, and the development of cutting-edge applications within the Sui ecosystem. “Interoperability is key to the growth of blockchain-powered applications. The introduction of dWallet’s innovative tooling will enable users in the Sui ecosystem to operate seamlessly across disparate protocols,” said Evan Cheng, CEO and co-founder of Mysten Labs, original contributor to Sui. “We’re thrilled to join dWallet in creating a multichain future.” The strategic alliance between Mysten Labs and dWallet Network marks a significant milestone, promising to bring unprecedented flexibility, security, and efficiency to multichain DeFi and gaming. As this partnership unfolds, it is set to catalyze innovation and accelerate adoption, opening new avenues for developers and providing users with richer, more diverse blockchain experiences. For press inquiries, users can contact:mystenlabspr@mgroupsc.com siva@dwalletlabs.com About Mysten Labs is a team of leading distributed systems, programming languages, and cryptography experts whose founders were senior executives and lead architects of pioneering blockchain projects. The mission of Mysten Labs is to create foundational infrastructure for web3. Users Can Learn more . Mysten Labs here About Sui Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.Users Can Learn more . here About dWallet Network dWallet Network is the home of dWallets - programmable and transferable signing mechanisms that live on-chain. dWallet Network empowers builders on L1s and L2s to utilize dWallets as a building block for managing assets & enforcing logic across all of Web3 in a decentralized and noncollusive way. Contact Marketing Lead Siva Sagiraju dWallet Networks siva@dwalletlabs.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program . here

dWallet Network Brings Multi-chain DeFi To Sui, Featuring Native Bitcoin And Ethereum

dWallet নেটওয়ার্ক সুইতে মাল্টি-চেইন DeFi নিয়ে আসে, যেখানে নেটিভ বিটকয়েন এবং ইথেরিয়াম রয়েছে

dWallet Network bringt Multi-Chain-DeFi zu Sui, mit nativem Bitcoin und Ethereum

dWallet Network lleva DeFi multicadena a Sui, con Bitcoin y Ethereum nativos

Le réseau dWallet apporte DeFi multi-chaînes à Sui, avec Bitcoin et Ethereum natifs

डीवॉलेट नेटवर्क ने सुई में मल्टी-चेन डीफाई पेश किया, जिसमें मूल बिटकॉइन और एथेरियम शामिल हैं

dWallet Networkがネイティブビットコインとイーサリアムを搭載したマルチチェーンDeFiをSuiに導入

dWallet Network, 네이티브 비트코인과 이더리움을 갖춘 Sui에 멀티체인 DeFi 제공

dWallet Network traz DeFi multi-chain para Sui, apresentando Bitcoin e Ethereum nativos

Сеть dWallet представляет Sui мультичейн DeFi с использованием собственных биткойнов и Ethereum

dWallet Network, Yerel Bitcoin ve Ethereum İçeren Çok Zincirli DeFi'yi Sui'ye Getiriyor

Mạng dWallet mang DeFi đa chuỗi đến Sui, có Bitcoin và Ethereum gốc

dWallet 网络为 Sui 带来多链 DeFi，以原生比特币和以太坊为特色

**SEONGNAM-SI, Korea, April 3rd, 2024/Chainwire/--**TRALA LAB aims to leverage zkSync to accelerate new gaming era for millions of players TRALA LAB has announced a strategic commitment to build on zkSync, a cutting-edge zero-knowledge (ZK) technology. TRALA LAB is a subsidiary of Joycity that has gained significant popularity in the global gaming market with blockbuster releases such as ‘Gunship Battle’ and ‘Freestyle’. TRALA LAB has also entered into a collaboration with Matter Labs. Through the collaboration, TRALA LAB intends to leverage its comprehensive technical expertise and development support to publish a diverse range of AAA games on zkSync. Furthermore, the strategic collaboration between TRALA LAB and Matter Labs marks a significant step towards driving innovation and addressing key challenges in the global gaming market. TRALA LAB is dedicated to revolutionizing the gaming landscape by addressing critical issues such as the lack of quality game content. With a focus on building long-term sustainable gaming platforms, TRALA LAB is set to onboard a range of AAA global game IPs, including highly successful titles like the Gunship Battle mobile game and the online sports game Freestyle, which recorded cumulative downloads of 150 million and 160 million respectively, across the world. TRALA LAB aims to set new standards for quality game content while leveraging its established global marketing channels spanning 249 countries to introduce a new wave to the world stage. In addition to onboarding TRALA LAB’s games into the zkSync ecosystem, the strategic collaboration will involve collaborative efforts on the launch of TRALA’s gaming platform, utilizing the ZK Stack. Rich Kim, Head of Web3 Entertainment and Media at Matter Labs, stated, "Joycity already has a proven record of being a successful global gaming company and owns numerous successful IPs. We are excited to see a variety of AAA games enter the zkSync ecosystem through TRALA in the future, and we also look forward to stimulating zkSync's gaming ecosystem."TRALA LAB BD director Ivan Chung stated, "This collaboration with Matter Labs marks the first step in pioneering new avenues in the global gaming market, and we have high expectations for the synergy between TRALA LAB and Matter Labs. We are very pleased and excited to be able to contribute to the zkSync ecosystem through our games. Please keep an eye on us." About Trala is an all-in-one blockchain gaming platform that aims to revolutionize the game industry by creating a simple and fun gaming experience. It provides an immersive and engaging environment for users to play, compete and interact with one another. Trala Lab | | | Website Twitter Medium Discord Contact Sr. Account Director Pete Padovano M Group ppadovano@mgroupsc.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here.

TRALA LAB Commits To zkSync To Revolutionize And Advance Global Gaming Industry

SINGAPORE, Singapore, January 15th, 2024/Chainwire/--$ZKL token realizes high-performance DeFi through zkLink’s cutting-edge zero-knowledge rollup infrastructure and newly launched Nexus platform. zkLink, a trailblazer in the zero-knowledge blockchain sector, today announced the release date for its new token, $ZKL. Following the on , $ZKL will be available to users starting Thursday, January 25, 2024, at 18:00 UTC. Community Token Sale Coinlist The launch of the $ZKL token, the native utility and governance token for the zkLink protocol, is a significant milestone in zkLink’s mission to eliminate the liquidity fragmentation issues present in the Layer 2 (L2) ecosystem. $ZKL serves as a resource that allows developers to easier access the zkLink rollup infrastructure service, including the zero-knowledge (ZK) proof markets; govern the protocol’s development through the zkLink DAO; and pay for ZK proof computational resources. “We look forward to presenting the community with an asset that allows them to help shape the zero-knowledge rollup ecosystem’s direction in 2024,” commented Vince Yang, Co-founder, zkLink. “As outlined in our 2024 Technical Roadmap, we have several key developments planned to encourage our community to be more involved in building dApps that enable smoother, lower-cost DeFi experiences.” The $ZKL token joins the list of native tokens and multi-chain assets across the connected L1s and L2s, including FTs and NFTs that users can trade on a unified user interface. It will be a non-inflationary ERC20 token issued on the Ethereum Mainnet with token supply capped at 1 billion. $ZKL will serve as the default payment token for ZK proof generation services and users can obtain DAO voting rights by staking to obtain veZKL. Along with announcing the upcoming $ZKL token sale, zkLink recently released details on major upcoming updates to its protocol, highlighted in the . Users can learn more in zkLink’s about how multi-chain ZK-Rollup infrastructure serves as a solution to unify fragmented liquidity across ecosystems and return pricing power to decentralized exchanges (DEXs). 2024 Technical Roadmap new whitepaper About zkLink develops zero-knowledge blockchain infrastructure solutions for high-performance ZK zkLink applications. Its flagship zero-knowledge Layer-3 blockchain solution, Nexus, is designed to bridge the gap among different zk-Rollup Layer-2 ecosystems to reduce liquidity fragmentation while providing security and scalability via zk-Proofs. zkLink is funded by notable backers including Coinbase Ventures, Ascensive Assets, SIG DTI, BigBrain Holdings, Efficient Frontier, and others. For more information, users can visit zkLink's: | Official Website Twitter About zkLink Nexus zkLink Nexus is a Layer 3 solution for native crypto assets from zkRollups, such as zkSync, StarkNet, Scroll, Linea, Taiko, or the Polygon zkEVM, in the Ethereum Layer-2 ecosystem. Now developers looking to deploy their project on Layer 2s no longer need to worry about fragmented liquidity, chain-specific deployments, security risks, or high costs that can result from transferring assets between ecosystems. Contact Patrick Jordan zklink@mgroupsc.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here.

zkLink Reveals Public Registration Date For $ZKL Token

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