Interoperability


Finance

TON Blockchain to Use LayerZero to Improve Cross-Chain Functionality

Developers will be able to deploy tokens on TON from any of LayerZero's chains using a single contract.

(Jainath Ponnala/Unsplash)

Tech

Union Labs, a Connector of Blockchains, Raises $12M in Series A Round

The firm, which aims to bridge the Ethereum and Cosmos ecosystems with its interoperability layer, now wants to build links to Bitcoin too.

CoinDesk

Tech

In Win for Polygon's AggLayer, Magic Labs Unveils Chain Unification Network 'Newton'

Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic Labs claims its the first dedicated network for wallet solutions and chain unification.

Magic Labs CEO Sean Li

Tech

Chainlink Unveils 'Chainlink Runtime Environment,' Aiming for Better Blockchain Workflows

Chainlink hopes the new programming environment, under the acronym "CRE," will be as important for Web3 as Cobol and JavaScript languages, which were important for automating finance and bringing it to the internet.

Chainlink's Sergey Nazarov presents at SmartCon in Hong Kong on Wednesday. (Chainlink)

Opinion

Aggregation Is the Only Way to Unify Web3

Blockchains are stuck in silos, fragmenting liquidity and making for a clunky user experience. It's time to tear down the walls.

(Hans-Peter Gauster/Wikimedia Commons)

Tech

Solving Fragmentation Is Next Blockchain Race as Layer 2s Multiply, ZKsync Developer Says

Matter Labs CEO Alex Gluchowski told CoinDesk in an interview that fragmentation among layer-2 networks is the next big challenge the blockchain space needs to tackle.

Matter Labs CEO Alex Gluchowski (Margaux Nijkerk/CoinDesk)

Tech

Optimism Pushes for 'Interoperability' Between Affiliated Blockchains

Optimism-affiliated networks, including Coinbase's Base, that are part of the Superchain rely on Ethereum to communicate with each other in order to move assets, which tends to make such moves slow and expensive. To address that, Optimism is releasing its own interoperability roadmap.

Co-founder of OP Labs Mark Tyneway (OP Labs)

Tech

Chainbase Raises $15M to Grow Omnichain Data Network

Chainbase's aim is to provide unbiased and transparent data that is not controlled by a small number of dominant companies.

Funding (Gerd Altmann/Pixabay)

Tech

The Protocol

In this week's abbreviated issue of The Protocol, we're chronicling the apparent doxing of 'Pharma Bro' Martin Shkreli as the driver behind the recently-but-no-longer mooning $DJT token, plus the SEC's apparent retreat on probing the Ethereum developer Consensys.

( Nick Fancher/Unsplash+)

Finance

LayerZero Takes Snapshot as Airdrop Draws Closer

The interoperability protocol indicated that there will be a series of airdrops.

LayerZero co-founders CTO Ryan Zarick and CEO Bryan Pellegrino (Chung Chow, BIV)

Pageof 8