Telos Partners with Ponos Technology to Develop Hardware-Accelerated Ethereum L2 zkEVM Network

Dubai, United Arab Emirates, April 19th, 2024, Chainwire The Telos Foundation today announced that it will work with Ponos Technology, the leading Zero Knowledge Proof (ZKP) research and development firm, to develop an end-to-end optimized, hardware-accelerated Ethereum Layer 2 network featuring SNARKtor, the Telos-developed decentralized recursive proof aggregator. The teams will take a hardware-software co-design…

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Ripple’s Future Brightens: Stablecoin Legislation Raises Hope

Senators Lummis and Gillibrand introduced the Payment Stablecoin Act to regulate stablecoins, ensuring they’re backed by assets and preventing illicit use. Ripple plans to launch its stablecoin, backed by US dollar reserves, pending the progress of the new legislation. United States Senators Kirsten Gillibrand and Cynthia Lummis unveiled the Lummis-Gillibrand Payment Stablecoin Act on April…

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ICON Foundation Receives $50,000 Grant from Stellar Community Fund for DeFi Advancement

The ICON Foundation has marked an important milestone in the advancement of decentralized finance when it announced about the $50,000 grant from the Stellar Community Fund. The grant is expected to support the integration of Balanced, one of the ICON’s popular cross-chain decentralized exchange and stablecoin platform, with the Stellar blockchain. The integrated connection between…

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