Dfinity Foundation and Roland Berger develop global standard for incentivizing recycling activities on blockchain
The Dfinity Foundation, a contributor to the Internet Computer blockchain (ICP), is collaborating with management consultancy Roland Berger to develop a global standard for incentivizing recycling activities. The initiative, called Voluntary Recycling Credits (VRC), aims to address the low recycling rates for global plastic waste.
Blackbird Labs Innovates Restaurant Industry with Blockchain-Backed Loyalty Platform
Blackbird Labs, a technology startup founded by Ben Leventhal, has secured $24 million in series A funding led by a16z, with participation from Amex Ventures and Bolt QED. The company has created a blockchain-backed loyalty platform for restaurants, allowing customers to accumulate redeemable points and a digital token called $FLY for exclusive rewards.
The Derivatives Protocol IPOR Has Launched v2 Version on the Ethereum Mainnet
On October 14th, derivative software developer IPOR Labs launched version 2 of the IPOR protocol on the Ethereum mainnet, with new features including custom APR with zap, stETH pool, extended term structure, and upgraded spread model.
As previously reported by Jinse Finance, IPOR Labs completed a $5.55 million financing round last April, led by Arrington Capital.
Canadian Digital Asset Trading Platform VirgoCX Completes CAD 5 Million in Financing
Canadian cryptocurrency trading platform VirgoCX Inc., Australian cryptocurrency exchange Virgo.co, and Virgo Group's holding company Virgo Global Holdings Inc. announced the completion of a delayed financing of CAD 5 million, with participation from Waterdrip Capital, Skylean Capital, Nextport Capital, and others. The newly raised funds will be used to further develop their regulated entities and continue their expansion plans into new regions.
Gauntlet Launches a New Proposal in the Aave Community, Proposing to Abandon the Stable Currency MAI/MIMATIC
According to the official governance page, Gauntlet has proposed to abandon MAI/MIMATIC in the Aave community. The proposal suggests that, given that the price of MAI/MIMATIC has dropped to around $0.72 in the past 24 hours and has been unable to recover its peg for the past few months, Gauntlet proposes to begin abandoning MAI/MIMATIC with the goal of incentivizing repayment by reducing loan terms and increasing borrowing rates.
Cosmos Ecological Liquidity Staking Project Stride Temporarily Shelves Plans to Convert STRD to ATOM
Cosmos ecosystem liquidity pledge project Stride will suspend its plan to convert its native token STRD into ATOM, the token of the core blockchain of the Cosmos ecosystem, Cosmos Hub. Just nine days ago, Vishal Talasani, co-founder of Stride Labs, proposed at Cosmoverse in Istanbul that Stride should merge with Cosmos Hub.
However, the team stated: "After a week of public discussion, the Cosmos Hub+Stride community has suspended the STRD/ATOM conversion, which can be considered shelved, but not completely abandoned."
Celestia Airdrop Application Will Close on October 17th
The deadline for applying for the Celestia airdrop is October 17th. Celestia has authorized TrustGo to check for EVM addresses that meet the application requirements. Users can check their eligibility for the airdrop directly on TrustGo and then apply on the Celestia official website.
Stock and Crypto Trading API Services Company Alpaca Secures $15 Million in Convertible Notes From SBI Group
According to ChainCatcher News and TechCrunch, Alpaca, a stock and cryptocurrency trading API service company, has received $15 million in financing in the form of convertible notes from SBI Group. Yoshi Yokokawa, CEO of Alpaca, stated that this strategic investment brings the total amount of financing for this Y Combinator-backed startup since its founding in 2015 to $120 million, which will accelerate Alpaca's expansion in Asia.
Trezor Unveils Upgraded Hardware Wallet and Private Key Backup Solution for Crypto Storage
Trezor, a hardware crypto wallet provider, has launched three new self-custody products to celebrate its 10-year anniversary. These products include an upgraded Trezor wallet, a private key backup solution, and an exclusive Bitcoin-centric wallet.
Cross-Chain Bridge Catalyst Will Integrate Ethereum Expansion Project AltLayer
According to official blog reports from cross-chain bridge Catalyst, it has announced integration with Ethereum scalability project AltLayer. This collaboration will enable Catalyst to smoothly exchange cross-chain assets between Layer 2 solutions enabled by AltLayer and connect with a wider crypto ecosystem.