The ICON Foundation announced plans to launch an interoperability incentive program for 200 million ICX, or approximately $200 million at the time of publication. The foundation supports the development of the ICON network, South Korea’s largest public aggregator chain. The foundation said that it hopes this program will incentivize the ICON community and its partner networks … [Read more...] about ICON commits $200M to interoperability incentive fund
interoperability
Oracle tokens turn bullish as blockchain projects focus on interoperability
2022 looks to be a transformative year for the cryptocurrency ecosystem as the focus on interoperability between siloed blockchain networks comes to the forefront and a multitude of projects announce plans to interconnect their platforms with other protocols. One sector of the crypto ecosystem that will play a vital role in ensuring smooth communication and interaction between … [Read more...] about Oracle tokens turn bullish as blockchain projects focus on interoperability
The stablecoin boom won’t continue without decentralized interoperability
Stablecoins are the cornerstone of the digital asset marketplace with a market cap of over $100 billion. Governments are already putting considerable resources in being up to speed with the trends. A November 2021 report published by the United States President’s Working Group on Financial Markets details the various measures to ensure stablecoin regulation is implemented … [Read more...] about The stablecoin boom won’t continue without decentralized interoperability
Trustless bridges may be the key to blockchain interoperability
Crypto and blockchain enthusiasts take pride in belonging to a community that is working on the future of financial systems. Yet, the community is innately fragmented thanks to multiple blockchains working independently of each other. The dream of mass adoption of blockchain and decentralized finance faces a major hurdle: a lack of interoperability.Meanwhile, decentralized … [Read more...] about Trustless bridges may be the key to blockchain interoperability
Composable Finance raises $7M for cross-chain and cross-layer DeFi interoperability
Composable Finance, a DeFi interoperability protocol has announced a $7 million raise backed by 16 notable blockchain investment firms.According to a release issued on Tuesday, the funding round was led by Advanced Blockchain AG and Rarestone Capital. Other participants included Alameda Research, Spartan Group, Divergence Ventures, and Blockchain Capital, among … [Read more...] about Composable Finance raises $7M for cross-chain and cross-layer DeFi interoperability