• Holyheld Secures Investment to Launch Blockchain Reconciliation, Remittance Record

    Holyheld’s BRRR protocol links blockchain and conventional networks for real-time transactions. Holyheld, a prominent Swiss cryptocurrency payments startup, announced today that it has obtained financing to expedite the BRRR protocol with backing from Toyota Ventures, TempleDAO, Tomahawk VC, Prismatic Capital, Zee Prime Capital, Polygon, Kosmos Ventures, Moonlanding Ventures, along with contributions from angel investors involved in notable projects such as Lido, Olympus, Dinero, Paragon, Superfluid, vfat, Inverse Finance, Daedalus, DCV, Generative Ventures, and Vamient. To address the essential infrastructure required for users to transact instantly with merchants on a global scale, Holyheld’s BRRR protocol seeks to link public blockchain networks, traditional payment systems, and card networks to establish a worldwide layer of real-time payments.

    “This opportunity fortifies our position in the market and propels our ambition to redefine the functionality of real-time payment clearing,” stated Anton Mozgovoy, CEO of Holyheld. “With our technology focused on global stablecoin orchestration, we are well-equipped to revolutionize how users and enterprises engage in commerce today with the payments of tomorrow. ”

    The BRRR protocol powers Holyheld’s application, a frontrunner in the European market for Web3 payment applications, which provides a cash account alongside a debit card accessible to residents of 30 European nations. Users of the Holyheld app can link any self-custody wallet and utilize their cryptocurrency for everyday expenditures. This facilitates traditional consumer practices, such as swiping or tapping a credit card or mobile device for transactions, while users retain self-custody over their assets.

    “This funding represents a crucial advancement in our pursuit of enabling crypto users and fintech firms to develop innovative payment settlement and reconciliation solutions utilizing cryptocurrency,” added Dr. Anton Zagorodnikov, co-founder and CTO of Holyheld.

    The new investment will empower Holyheld to further extend the protocol to additional clients and payment networks worldwide. Holyheld has integrated over one hundred leading cryptocurrency protocols across 15 blockchain networks. The company’s BRRR has also managed over $100 million in volume since its inception in April 2023.

    “Holyheld transforms any self-custody wallet into a personal IBAN and a debit card, which allows users to experience a seamless digital wallet interaction,” remarked Chris Abshire, principal at Toyota Ventures. “We are enthusiastic about collaborating with Holyheld’s team as they develop the foremost on-chain clearing house. ”

  • Blockchain: Legendary gathering in Dubai

    On October 22-23, the legendary Blockchain Life 2024 forum will take place in Dubai. Over 10,000 participants from 120 countries will come together for the crypto event of the year to share insider information on the eve of Bull Run 2025.

    Esteemed speakers will provide expert market analysis, laying the groundwork for the market’s growth.

    Confirmed figures include:

    • CEO Tether – Paolo Ardoino
    • Co-Founder Animoca Brands – Yat Siu
    • CEO Ledger – Pascal Gauthier
    • CEO Cardano Foundation – Frederik Gregaard
    • CEO Dubai Blockchain Center – Dr. Marwan Alzarouni
    • Co-Founder Litecoin Foundation – Xinxi Wang
    • CEO Vechain – Sunny Lu
    • CEO of dYdX Foundation – Charles d’Haussy
    • Founder Listing.Help, Jets Capital – Sergei Khitrov
    • Founder DWF Labs – Andrei Grachev
    • Co-Founder Tezos – Arthur Breitman
    • CEO Trust Wallet – Eowyn Chen
    • Co-Founder Osmosis Labs – Sunny Aggarwal
    • Co-Founder of Sui (Mysten Labs) – Kostas Chalkias
    • Head of Investments at Maelstrom Fund – Akshat Vaidya
    • Founder Notcoin – Sasha Plotvinov
    • Co-Founder, CEO Celestia Labs – Mustafa Al-Bassam
    • Google Cloud – Tiago Henriques
    • Program Lead MetaMask – Zied Brini

    In addition to an impressive lineup of speakers, Blockchain Life 2024 offers unprecedented networking opportunities. With a premium audience of high quality, behind-the-scenes discussions will be rich in insights and lead to extremely valuable connections.

    Just two days at Blockchain Life 2024 can surpass a year of fruitful work.

  • Supra Redefines the Layer-2 Debate with “Supra Containers”

    Supra, the 500k TPS Layer-1 blockchain with MultiVM compatibility for MoveVM and EVM dApps, unveils Supra Containers, a game-changing solution that may well eliminate the need for Layer-2s (L2), Layer-3s (L3), and AppChains. Supra Containers offer builders the freedom of dedicated L2s and AppChains without the high infrastructure costs, fragmented liquidity, or complex security issues, marking the beginning of a new era for dApps and on-chain development.

    Navigating the L2 Maze: Liquidity, Composability, and Security

    Builders have turned to L2s and L3s to overcome congestion and scalability bottlenecks they faced on Layer-1s. However, they soon ran into their own set of problems: fragmented liquidity, broken composability, and the need to bootstrap network security. Supra Containers eliminate these barriers by providing developers with the ability to create dedicated execution space for their dApps (DappSpace) that leverage the full power of Supra’s high-performance Layer-1.

    Supra Containers: Access Seamless Composability and Shared Liquidity

    Supra Containers offer the flexibility of L2s — such as dedicated compute or execution space, customizable governance, and freedom to create your own token economies — without the downsides. Builders no longer need to spend time and resources bootstrapping network security, validators, or complex bridging systems. Supra’s L1 node network secures every Container, ensuring that developers can focus entirely on building innovative dApps, not infrastructure.

    Supra Containers are fully composable and integrate seamlessly with Supra’s ecosystem and other Containers, preserving atomic smart contract transactions thus allowing dApps to interact effortlessly. Unlike L2s, where fractured liquidity becomes a big demerit, Supra Containers can share liquidity across the entire Supra L1 network — ensuring smooth operations and access to a unified pool of assets.

    Built-In Services and MultiVM Ecosystem Compatibility

    Supra Containers also come with an in-built, vertically integrated stack of critical blockchain services such as oracle price feeds, onchain verifiable randomness, cross-chain communication, and automation, which Supra L1 natively offers. In contrast to L2 appchains, where oracle and bridge integrations can be costly and complex, Containers provide these features natively, cutting down on costs otherwise spent on integrating these external infrastructures.

    Supra is also MultiVM compatible, which means that developers from ecosystems such as MoveVM, EVM, and soon SolanaVM will be able to immediately deploy dApps on their own Supra Containers without the need for complex migrations. This flexibility allows developers from other ecosystems to tap into the 500k TPS throughput and sub-second consensus latency of Supra Layer-1 — ushering in a new generation of scalable, efficient, and interoperable dApps and Containers.

    Every Supra Container Can Be an Entire Ecosystem

    The potential for Supra Containers extends far beyond individual dApps. Developers can even build entire ecosystems within their custom environment, deploying multiple dApps and smart contracts within their Container. They can also attract other projects to deploy within their infrastructure. For example, a gaming studio can launch a Container as an ecosystem of decentralized games with unique token incentives, all the while benefiting from Supra’s shared security and liquidity. They could even gate their Container using their own onchain passes or NFTs, and use the same utility token across multiple games in their Container ecosystem, or even in other Containers.

    Joshua Tobkin, CEO of Supra, explains: “With Supra Containers, we’re not just simplifying dApp development — this might eliminate most needs for L2s and AppChains altogether. Developers now have the freedom to launch their own ecosystems with full control over governance and token economies, while enjoying the security, composability, and shared liquidity of Supra’s Layer-1 infrastructure.”

    Supra Containers are a paradigm shift, offering developers a faster, cheaper, and more efficient way to build powerful dApps and their own custom economies. By providing dedicated execution space, customizable governance, and tokens — without the trade-offs of traditional AppChains — Supra is transforming the way blockchain applications are developed.

  • Bintense Reviews Australia’s Blockchain Roadmap

    As a regulated crypto exchange, Bintense consistently monitors critical developments in the cryptocurrency and blockchain space. In Australia, blockchain technologies are no longer confined to niche applications but are being positioned as a vital part of the country’s digital infrastructure. With the Australian Government’s National Blockchain Roadmap, released in 2020, the potential of blockchain is being actively explored across multiple sectors. Bintense is closely following this roadmap as it shapes the future of blockchain adoption in Australia, particularly regarding the exchange of digital assets like Bitcoin and Ethereum.


    Blockchain: An Emerging Technology with Broad Applications

    Blockchain technology redefines how networks share, validate, and govern data. Whether through permissionless systems like Bitcoin and Ethereum or permission systems within industries, blockchain serves as an efficient governance architecture. This technology is crucial for the development of secure, transparent, and efficient systems across various sectors—finance, supply chains, and regulatory technologies are key examples.

    In Australia, the National Blockchain Roadmap recognizes blockchain’s transformative potential. This document is a living strategy, evolving with the rapid development of the blockchain industry. Since its launch, significant progress has been made in implementing various initiatives to make blockchain technology a cornerstone of Australia’s digital economy.


    Australia’s National Blockchain Roadmap: Key Highlights

    The National Blockchain Roadmap provides a structured approach to blockchain development in Australia, involving collaboration between industry, government, and research groups. The roadmap explores real-world use cases for blockchain in supply chains, credentialing, cybersecurity, and regulatory technologies (regtech).

    One of the roadmap’s critical elements is the establishment of pilot projects that demonstrate the practical application of blockchain. For example, two blockchain-based pilots were announced as part of the 2020-21 Federal Budget. These projects aim to reduce businesses’ regulatory compliance burden, providing solutions that could potentially streamline industries like critical minerals and the food and beverage sector.


    Blockchain’s Future in Australia: A Stepping Stone for Crypto Adoption

    Australia’s blockchain development aligns with Bintense‘s focus on supporting a transparent and compliant crypto exchange platform. As the blockchain ecosystem expands, the technology’s use in reducing regulatory burdens and improving transactional efficiency will directly benefit crypto exchanges. The National Blockchain Roadmap’s commitment to advancing blockchain through regulatory technology (regtech) and cybersecurity solutions will further enhance the safety and reliability of blockchain-based systems.


    Bintense’s Role in the Evolving Crypto Landscape

    As Australia strengthens its blockchain framework, exchanges like Bintense are positioned to offer Australians an efficient and compliant platform for buying, selling, and exchanging crypto. With blockchain’s increasing role in sectors from supply chains to financial systems, Bintense is prepared to operate within this growing ecosystem, adhering to all regulatory requirements.

    Australia’s National Blockchain Roadmap indicates that blockchain technology is set to play an even more significant role in the country’s economic future. At Bintense, we are committed to staying at the forefront of this evolution, ensuring that our exchange meets the demands of an increasingly blockchain-driven market. As the blockchain landscape in Australia matures, Bintense will continue to offer a reliable platform aligned with national trends and global developments.

    Read more on DailyCoin: https://dailycoin.com/

  • Blockchain: IDA Raises USD6 Million Seed Round

    IDA, a premier Hong Kong-based digital asset company, has raised USD6 million in a seed funding round led by prominent blockchain investors CMCC Global, under its Titan Fund, and Hashed. This capital injection will enable IDA to advance the development and launch of its first fiat-referenced stablecoin, HKDA, which is designed to be regulated in Hong Kong.

    Additional participants in this round also include Hack VC, Anagram, GSR, Protagonist, Brinc, Chorus One, Kenetic, SNZ, and Yolo Investments as well as notable angel investors, such as Raj Gokal, Co-founder of Solana. Aside from providing funding, leading blockchain foundations of Solana, Polygon, Aptos, and Mantra are also IDA’s strategic blockchain partners to foster HKDA’s interoperability, accessibility, resilience, and liquidity.

    “With the current total stablecoins market cap around USD170 billion, we expect stablecoins to grow over USD3 trillion in the next 5 years. This exponential growth will underscore the increasing significance of stablecoins in the broader digital currency landscapes. Thus, IDA’s mission is to facilitate more effective and efficient cross-border trades through the blockchain for everyone,” said Lawrence Chu, Co-founder and CEO of IDA.

    Sean Lee, Co-founder and CSO of IDA added, “the first goal of IDA is to enable mass adoption and empower businesses to seamlessly integrate between Web2 and Web3. To achieve this, IDA has begun active engagements with the Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB), as well as domestic partners in the ecosystem, to issue regulated stablecoins in Hong Kong. HKDA, our first fiat-referenced stablecoin built on public blockchains, will shortly be heading onto testnet. We intend for our mainnet launch before the end of this year and achieve regulatory clarity in early 2025.”

    CMCC Global, one of Asia’s first VC funds focused purely on blockchain and cryptocurrency, is thrilled to lead this funding round and partner with IDA to push the boundaries in Web3 space. “As a Hong Kong-based company, we are excited to support innovative Web3 companies like IDA that are leveraging blockchain finance and stablecoins to create solutions addressing real-world challenges,” said Martin Baumann, Co-founder and Managing Partner of CMCC Global.

    Hashed, a global early-stage venture fund focused on backing founders who are pioneering the future of blockchain and cryptocurrency, also shares the same vision as IDA. “We anticipate wider mainstream adoption of stablecoins in real-world trades and settlements. With Hong Kong’s position as Asia’s financial hub and its recent push for a stablecoin legislative framework, we expect IDA to spearhead the coming changes. Their unique blend of expertise in traditional finance and blockchain technology positions them perfectly to bridge conventional and digital financial systems, potentially reshaping finance across Asia and beyond,” said Ryan Kim, Founding Partner at Hashed.

    Starting initially in Hong Kong, IDA will leverage the forefront of fintech and Web3 to reach other countries whose currency is also pegged to the USD. Over time, IDA aims to share their innovations and grow their business to other nations along the Belt and Road and Global South initiatives. More exciting partnerships will be announced to unlock a more inclusive and connected global marketplace.

  • Blockchain: Two Organizations bring racing fans closer to the action

    The Winners Circle, the innovative fan platform for horse racing, has partnered with Total Performance Data to bring horse racing fans closer to the action by leveraging the platform’s real-world data and insights.

    Founded by Racing League and powered by Zilliqa, The Winners Circle is set to redefine fan engagement in horse racing, offering meaningful and engaging experiences to members across the world using the power of blockchain technology.

    Total Performance Data (TPD) is the world’s leading horse racing data provider, providing seamless access to data from more than 120 racetracks that encompasses live and post-race information, ranging across everything from live coordinates and sectional times to speed charts and stride measurements.

    The partnership between The Winners Circle and TPD will see real-world racing data used to provide engaging and unique experiences to horse racing fans, beginning with the integration of real-world racing data from Racing League 2024 races into visualisations that will be available to The Winners Circle’s global audience.

    The Winners Circle goes ‘Beyond the Race’ by offering a range of exciting features to fans, including discounts on merchandise and tickets, shares in racehorse syndicates, and the ability to compete for rewards in a skill-based prediction game powered by its $HRSE fan token.

    The partnership with TPD also unlocks the opportunity to integrate real-world horse racing data into The Winners Circle’s prediction game, which will enhance the user experience and enable fans to make more informed decisions when competing for points and tokens..

    Through combining real-world data with a fan token ecosystem secured by blockchain technology, The Winners Circle sets itself apart as a Web3-enabled platform that not only gives racing fans unprecedented opportunities but also taps into the excitement and thrills of the racetrack.

    The Winners Circle aims to expand the ways in which it leverages data from TPD as its ecosystem grows, with opportunities to integrate real-world racing data to improve the realism of its upcoming fantasy racing game or to immortalise real-world racing moments in token form which can then be earned by fans.

    Commenting on the announcement, Tom Fleetham, the director of The Winners Circle, said:

    “We are thrilled to partner with Total Performance Data to bring horse racing fans closer to the sport they love. This collaboration not only enhances our prediction game but also paves the way for future innovations that will redefine the fan experience in horse racing.

    By leveraging TPD’s comprehensive real-world data, we can offer members of The Winners Circle an unparalleled level of engagement and insight.”

  • Crypto: Chronicle BSV Blockchain Latest Update

    BSV Blockchain is pleased to announce its new Chronicle update which will officially launch later in 2024. The update will further align the BSV blockchain with the original Bitcoin white paper and allow it to dynamically scale at an exponential rate so it’s ready to meet the growing demand for trusted data.

    The Chronicle update is a direct follow-up of the Genesis upgrade in 2020 which restored many aspects of the Bitcoin protocol that had been modified in previous software updates including the removal of most limit-based consensus rules, replacing them with miner configurable settings that give node operators the autonomy needed to set their limits as they determine are practical.

    Connor Murray, Director of Stewardship said: “A main driving milestone of the BSV blockchain is to restore the protocol as close to the original protocol as possible, so with the Genesis update in 2020, we restored most of the original scripting functionalities of the script that were in the original Bitcoin protocol.

    But there are still a few opcodes remaining that haven’t been restored yet. And, some limitations on ways you can add data into a transaction that needs to be removed. With the upcoming Chronicle update, due out later this year, we will restore some of the remaining opcodes that need restoration.” 

  • San Francisco-based blockchain announces “The Battle of Olympus” Hackathon

    Movement Labs, a San Francisco-based blockchain development team, today announced the launch of “Battle of Olympus,” an innovative hackathon designed to drive the growth and adoption of Movement, the first modular network of Move-based blockchains. The hackathon, which marks the first phase of Movement Labs’ Testnet, provides developers with early access and will run from July 17 to September 17, 2024. It is supported by 280 Capital and other partners who will serve as a judge, provide mentorship, and advise teams.

    The hackathon marks the first phase of Movement Labs’ Testnet providing developers with early access to build.

    Movement Labs -- Battle of Olympus Hackathon
    Movement Labs — Battle of Olympus Hackathon

    The Battle of Olympus is a key component of Movement Labs’ broader Road to Parthenon initiative, a community program aimed at fostering the development of a robust and thriving ecosystem on Movement Labs’ eventual mainnet. The hackathon brings together talented developers and enthusiasts to innovate and build groundbreaking applications on the Movement Labs devnet and testnet.

    The hackathon features a gamified structure, with participants earning points and rewards as they progress. Developers in the “Masons” guild, one of five unique guilds introduced for the Battle of Olympus, can create innovative dApps across various categories, including DeFi, gaming, social tools, infrastructure, and NFTs.

    To participate in the Masons guild, developers can form teams of up to 4 members and register on the official hackathon website. Teams from across the world can participate virtually or in-person in San Francisco. Throughout the event, Movement Labs will provide support, mentorship, and resources to help participants succeed.

  • Manta Foundation Launches $50M EcoFund and Ecosystem Grand Program

    The Manta Foundation, supporting the Manta Network family of zero-knowledge-cryptography-focused blockchains, has launched a $50 million EcoFund and Ecosystem Grant Program to support early-stage blockchain projects globally, according to the team: “Manta aims to foster a rich and dynamic ecosystem where projects can contribute to and benefit from the Manta Network.

    This fund will target high-potential areas like AI, ZK and DePINs to maximize the impact on the ecosystem, driving growth and technological advancements in these key areas and more. Manta is extremely committed to nurturing emerging projects and this approach will help to ensure Manta remains at the forefront of dApps.”

  • Access to blockchain: Morph secures $300K funding round in 2024

    In a display of market enthusiasm and investor confidence, Morph recently participated in the innovative crypto angel investor platform, Echo, founded by well-known crypto investor Cobie. The event marked another milestone for Morph, securing a $300K round. Echo platform angels received the same terms as prior VC investment rounds, ensuring a fair and equitable investment opportunity that reflects Morph’s commitment to a consumer and user-centric approach.

    The completion of this round on Echo signals both strong investor interest in Morph’s vision and a growing demand for new platforms that simplify access to blockchain innovations. A Morph spokesperson expressed enthusiasm for platforms like Echo, which break down the barriers to entry for individual investors, resonating with Morph’s mission to make blockchain technology more accessible.

    Morph has distinguished itself from other Ethereum Layer 2 solutions by focusing on the concept of consumer-centricity. Unlike the many alternatives that rely heavily on non-intuitive and complicated DeFi applications, Morph intends to build an ecosystem filled with dapps that have the same seamlessness and real-world utility as any existing web2 service.

    Morph’s CEO and co-founder, Cecilia Hsueh, explained,

    “Morph’s participation in Echo is just one of the many ways in which we seek to connect with industry participants. This move allowed us to broaden our investor base, reaching those who share our goal of making blockchain technology straightforward and beneficial for everyday use. We are motivated by this early success and are committed to continuing our efforts to lead the consumer blockchain revolution, making it more accessible, understandable, and consumer-friendly. We see a future where blockchain is as commonplace and easy to use as any mainstream technology today.”