Crypto Never Sleeps Broad

THE LATEST CRYPTO NEWS FROM CNS ⤵️ 1️⃣ 1 Billion Unlocked Over Decade in Community Grants Program for Polygon Builders Following community consensus, the Community Treasury has been created, with 1B POL unlocked over 10 years, with ~100M POL per year—all for builders. Season 01 of the Community Grants Program, overseen by the neutral Community Treasury Board, will distribute 35M MATIC to projects building on Polygon. So if you are a developer, you can to apply an application which are open now and it closes at Aug 31, 2024. An open, community-aligned funding framework will leverage professional Grant Allocators to distribute a portion of Season 01 funds. ▶️ Source 2️⃣ TON Applications Chain and Polygon to Launch zk-Powered L2, Boosting Telegram dApps This partnership aims to bring EVM compatibility to the TON ecosystem, enhancing access to DeFi, gaming, and more on Telegram. Announced at the Ethereum Community Conference in Brussels, this project promises to attract a significant number of users by facilitating decentralized finance applications, gaming, and decentralized identity solutions. The choice to collaborate with Polygon was influenced by its EVM compatibility, robust community, and comprehensive deployment support. TAC will leverage Polygon's Chain Development Kit (CDK) and AggLayer to maximize its capabilities and enhance the TON ecosystem's functionality. ▶️ Source 3️⃣ Pyth Network introduces Express Relay, aiming to reduce MEV in DeFi This new product connects DeFi protocols directly with established searchers through protocol-controlled auctions, bypassing miners and enhancing market efficiency. By awarding transaction rights to the highest-bidding searcher, Express Relay encourages competition, reduces costs, and mitigates MEV's negative impact. Protocols such as Synthetix, Zerolend, and Ionic have integrated or are integrating with Express Relay to benefit from these improvements. The launch was announced at Pyth Agora 2024, with industry leaders expressing strong support for the initiative. ▶️ Source 4️⃣ IOTA and Eviden launch digital product passport solution A DLT-based Digital Product Passport (DPP) to enhance transparency and traceability across a product’s life cycle. This passport covers product sourcing and use cases, aiming to ensure accountability from production to disposal, while promoting sustainability and regulatory compliance. The solution, featuring IOTA’s technology, comprises the Passport Creator and Passport Distributor, designed to efficiently manage and distribute essential data. Initially targeting electric vehicle (EV) batteries, the passport will later expand to other sectors. Benefits include improved decision-making, product life cycle tracking, and leveraging data for cost-effectiveness and traceability. ▶️ Source

THE LATEST CRYPTO NEWS FROM CNS ⤵️ 1️⃣ TON Application Chain and Polygon team up to launch new TON L2 The TON Application Chain (TAC) and Polygon Labs are integrating Polygon CDK and Agglayer to bring Ethereum Virtual Machine (EVM) functionality to the TON ecosystem, expanding its range of decentralized applications (DApps) in areas such as DeFi, gaming, and identity solutions. This integration, alongside recent developments like USDT integration and Tap-to-Earn applications, has driven substantial growth in on-chain wallets on Telegram, reaching 5.8 million monthly active users. TAC aims to raise an additional $5 million in external funding to support its growth. https://cointelegraph.com/news/ton-polygon-launch-new-ethereum-l2-tac 2️⃣ Circle launches euro-backed EURC on Base, enabling layer-2 forex trades Previously, EURC was only available in native form on Avalanche, Ethereum, Solana, and Stellar, with layer-2s using a derivative backed by versions from other networks. This new addition aims to facilitate global e-commerce trade and is compliant with the new Markets in Crypto-Assets (MiCA) regulation. While this is positive news for Base users looking to exchange euros for dollars, major decentralized exchanges like Aerodrome, Uniswap, and BaseSwap have yet to list EURC. PancakeSwap does allow EURC trading through its “import” feature, but with a strong warning. https://cointelegraph.com/news/circle-euro-backed-eurc-base-ethereum-layer-2-forex-trades 3️⃣ SingularityNET and Filecoin partner for AI and DePIN This collaboration aims to uphold decentralization, AI ethics, and data provenance. An AI ethics working group will be established to ensure ethical practices in AI development and deployment. The partnership has short-term goals like using Filecoin’s Lighthouse SDK for metadata storage, mid-term goals to integrate Filecoin’s technology stack for secure AI-generated data storage, and long-term goals to manage Knowledge Graphs essential to SingularityNET’s Knowledge Layer initiative. The collaboration will utilize both the Artificial Superintelligence Alliance (ASI) token and the Filecoin (FIL) token. https://cointelegraph.com/news/singularitynet-filecoin-partnership-ai-depin 4️⃣ Starknet staking will hit mainnet in Q4 — EthCC StarkWare CEO Eli Ben-Sasson revealed at EthCC on July 10 that Starknet plans to launch staking by Q4 2024 via a Starknet improvement proposal (SNIP). Pending community approval, staking will debut on testnet first before a mainnet rollout later in the year. A public GitHub repository will track development progress throughout. Stakers will be able to participate by holding a minimum stake or delegating to others, earning rewards based on their contributions. The system will implement a minting curve to manage inflation while encouraging active participation in network activities. https://cointelegraph.com/news/starknet-staking-mainnet-q4-ethcc 5️⃣ Bittensor AI Network Expands with Masa’s Subnet Achievement Masa introduces Bittensor’s first dual-token incentive structure in their subnet launch, drawing attention amid rapid growth in the AI sector within crypto. DCG VP Evan Malanga congratulated Masa on Twitter for launching their Bittensor subnet on the testnet, expected to attract over 1.5 million users. This milestone has notably boosted Bittensor’s native token TAO by 10.50% in the past 24 hours, with a strong 13.14% increase over the week. Analysts predict significant future valuation increases as AI applications in blockchain technology drive interest and investment. https://www.crypto-news-flash.com/bittensor-ai-network-expands-with-masas-subnet-achievement/

THE LATEST CRYPTO NEWS FROM CNS ⤵️ 1️⃣ TRON to Launch Gas-Free Stablecoin Transfers in Late 2024 This innovation, announced by TRON creator Justin Sun, aims to be available in Q4 2024 and promises to enhance blockchain adoption by eliminating transaction fees typically paid in native tokens. The new system will cover fees using a portion of the stablecoins being transferred, streamlining the process and making it more user-friendly. Users will not need to hold separate tokens to make stablecoin transactions, which will simplify the process, especially for those who primarily use stablecoins or pay employees with them. This approach will simplify transactions, especially for those who primarily use stablecoins, and could lead to broader stablecoin adoption. https://www.binance.com/en/square/post/10470841398969 2️⃣ Celo Foundation Launches Celo L2 Testnet Dango The Celo Foundation has introduced Celo L2 Testnet Dango, developed by core contributor cLabs, as an EVM-compatible standalone blockchain integrated into Ethereum. Initially proposed at EthCC 2023, Dango aims to transition ecosystem projects from the Alfajores test network while preserving all historical data. Built on Optimism's OP Stack and supported by the Eigen Foundation, Dango leverages EigenDA for data availability to ensure low transaction fees. This launch marks a critical step in Celo's mission to enable fast, low-cost global payments on a blockchain designed for real-world applications. https://www.binance.com/en/square/post/2024-07-07-celo-foundation-launches-celo-l2-testnet-dango-10470111299882 3️⃣ VeChain Secures Patent for Mobile Inventory System on Blockchain This system addresses the inefficiencies of manual item counting and ledger entry by dynamically monitoring the location of items in movable containers or bins. It also tracks items from storage locations to containers automatically, ensuring more accurate and efficient inventory management. The patent, granted on July 2, 2024, underscores VeChain's commitment to advancing supply chain technology. This innovation solves the problem of unscanned items and misplacements by using blockchain technology. VeChain's new system promises enhanced accuracy and efficiency for businesses dealing with inventory challenges. https://www.crypto-news-flash.com/vechain-secures-patent-for-mobile-inventory-system-on-blockchain/ 4️⃣ Cardano Advances Blockchain Innovation with CIP25 Metadata Validation, Boosting NFTs and AMMs Cardano has solved a major issue where its smart contracts language, Plutus, couldn't access transaction metadata, which restricted NFTs and on-chain applications. Paima Studios introduced a solution enabling Plutus to directly access this metadata, as announced by co-founder Sebastien Guillemot. This method uses Plutus to obtain the transaction hash, allowing it to retrieve metadata efficiently. This new approach reduces costs compared to the previous CIP68 standard by lowering the required number of UTXOs. Consequently, this development enhances the functionality and cost-effectiveness of NFTs and automated market makers on Cardano. https://www.crypto-news-flash.com/cardano-advances-blockchain-innovation-with-cip25-metadata-validation-boosting-nfts-and-amms/

THE LATEST CRYPTO NEWS FROM CNS ⤵️ 1️⃣ Chiliz and PUML to Deliver Innovative Move-to-Earn Platform for Sports Fans This integration allows users to earn rewards for their physical activities, such as completing 10,000 steps daily. Under the partnership, Chiliz users can earn daily rewards and improve their rewards by holding up to 100 CHZ, Chiliz's native token, in PUML’s self-custody wallet. The integration will also feature Token-Gated Challenges, where users can compete in daily and monthly step challenges tracked via wearable devices. Winners of these challenges will receive PUML, an in-app game coin, which can be redeemed for the native token $PUMLx and exchanged for CHZ and other fan tokens. This collaboration aims to provide Chiliz users with a fitness-focused, rewarding experience. https://www.coinspeaker.com/chiliz-puml-move-to-earn-sports/ 2️⃣ Aptos launches keyless wallets that use ZK-proofs to verify identities Aptos has introduced "Aptos Connect," a web-hosted keyless wallet application utilizing zero-knowledge (ZK) proofs for user verification. This wallet allows users to connect to decentralized applications via their Google login, eliminating the need for traditional security methods. It simplifies Web3 onboarding by linking social logins to blockchain accounts using the OpenID Connect (OIDC) standard and ZK-proofs. Aptos Connect also plans to integrate Apple ID for added convenience. While this method relies on the security of the user's Google account, Aptos believes it will help attract a new generation of crypto users. https://cointelegraph.com/news/aptos-keyless-wallets-zk-proofs-verify-identities 3️⃣ IOTA Teams Up With Tokeny IOTA has partnered with Tokeny to integrate their enterprise-level tokenization technology into IOTA EVM, enhancing on-chain compliance and control over token transactions. This move ensures only qualified investors can participate, bolstering enterprise tokenization and digital asset management within IOTA’s ecosystem. Tokeny’s compliance infrastructure will facilitate the issuance, management, and transfer of permissioned tokens, integrating automated on-chain checks. This partnership aims to enable institutions to leverage IOTA’s scalable, fee-less transactions for secure tokenization. https://iota-news.com/iota-teams-up-with-tokeny/ 4️⃣ ChromaWay broadens Chromia’s reach by partnering with the AWS Partner Network This partnership enhancing enterprise access to its blockchain solutions via the AWS Marketplace. Also increases ChromaWay’s visibility among businesses seeking blockchain technology while reinforcing AWS’s position as a leading cloud software platform. ChromaWay’s standout innovation, relational blockchain, combines the flexibility of conventional databases with the decentralized nature of blockchain, providing exceptional efficiency and speed. The collaboration aims to make enterprise-level blockchain more accessible by addressing challenges such as node maintenance and data indexing. As an AWS partner, ChromaWay will benefit from resources like Proof of Concept funding and Market Development Funds. https://finbold.com/chromaway-joins-the-amazon-web-services-partner-network/ 5️⃣ The UK could be the first country to design CBDCs to help people not banks Following a Labour Party victory in the UK election, their manifesto remained silent on crypto but hinted at cautious support for blockchain technology. The Labour Party has expressed support for a state-backed digital pound, emphasizing the need for financial products to reach underserved communities. They aim to transform the UK into a global center for tokenized assets, indicating a forward-thinking approach to financial services. Labour’s plan includes advancing open banking, exploring open finance, and establishing regulatory sandboxes to test financial products. This balanced perspective prioritizes public interest and economic stability in designing a potential CBDC. https://cryptoslate.com/the-uk-could-be-the-first-country-to-design-cbdcs-to-help-people-not-banks/

THE LATEST CRYPTO NEWS FROM CNS ⤵️ 1️⃣ IOTA Foundation Launches I3-Lab at Imperial College London to Drive Circular Economy Innovation Funded by a £1 million donation from the IOTA Foundation and additional support from Imperial College and grants from UK Research and Innovation and the EU, the lab is located at iCUBE and began operations on July 3rd. The I3-Lab will develop digital tools to promote sustainability through reuse and recycling, aligning with the circular economy's goals. This initiative follows IOTA's recent $2.75 million in grants to DeFi, NFT, and SocialFi projects. The IOTA Foundation's distributed ledger technology already supports various sustainable economic models, including the Trade Logistics Information Pipeline and Digital Product Passports. https://www.crypto-news-flash.com/iota-foundation-launches-i3-lab-at-imperial-college-london-to-drive-circular-economy-innovation/ 2️⃣ Web3 Foundation, Parity Technologies dismiss Polkadot treasury depletion fears Parity Technologies is the blockchain infrastructure behind Polkadot, and the Web3 Foundation supports the network’s growth through funding and research. The CEOs revealed their “significant financial runway,” clarifying that both organizations have over five years of funds without needing to sell DOT tokens. They noted that the treasury continuously receives inflows and will not run out of funds. However, they suggested the treasury should focus on high-impact initiatives, criticizing recent low-return spending. Polkadot’s treasury report has been praised for its transparency, setting a standard for accountability in the blockchain industry. https://cryptoslate.com/web3-foundation-parity-technologies-dismiss-polkadot-treasury-depletion-fears/ 3️⃣ Coinbase and Greengage Team Up to Boost SME Financing with Blockchain Technology This collaboration aims to leverage blockchain technology to provide SMEs with more efficient and transparent financing solutions. Sean Kiernan, CEO of Greengage, expressed enthusiasm about the partnership, highlighting its potential to enhance SME support and drive financial innovation. The Coinbase Diamond protocol facilitates secure issuance and management of digital debt, aligning with Greengage's focus on multi-currency accounts and credit solutions. This initiative builds on Coinbase’s Project Diamond, which uses smart contracts and an Ethereum layer-2 blockchain to streamline capital market activities. https://www.financemagnates.com/cryptocurrency/coinbase-and-greengage-team-up-to-boost-sme-financing-with-blockchain-technology/ 4️⃣ Oasys and Celer Partner to Introduce Bridged USDC Standard Support This collaboration, involving Circle Internet Financial, allows for the use of bridged USDC, compliant with Circle’s standard, as a precursor to native USDC. This initiative aims to accelerate the adoption of dollar-denominated payments and financial activities in new blockchain ecosystems. The new bridged USDC, named "Bridged USDC (Celer)" with the token symbol "USDC.e," is backed 1:1 by USDC locked on Ethereum. Oasys has outlined a comprehensive year-long transition plan for users and developers to switch to the new USDC.e or revert their legacy USDC back to Ethereum. https://thenewscrypto.com/oasys-and-celer-partner-to-introduce-bridged-usdc-standard-support/ 5️⃣ The Arbitrum Foundation supports the EDU Chain blockchain for education This project is supported by partners like Animoca Brands and aims to create an ecosystem of decentralized applications for students and educators. The grant will also support the Arbitrum Ambassador Program and hackathons to incentivize dapp development for EDU Chain. Open Campus, with 60 partners and 20 million students, will drive participation in EDU Chain. This Layer3 Rollup will offer Ethereum-level security with improved scalability and cheaper transactions. https://en.cryptonomist.ch/2024/07/04/the-arbitrum-foundation-supports-the-edu-chain-blockchain-for-education/

THE LATEST CRYPTO NEWS FROM CNS ⤵️ 1️⃣ Robinhood Considers Launching Crypto Futures in US and Europe Robinhood aiming to diversify its offerings and leverage recent acquisitions to strengthen its position in the crypto market. Utilizing licenses from its $200 million acquisition of Bitstamp Ltd., Robinhood aims to offer perpetual futures for Bitcoin and other tokens in Europe. The move comes amid growing demand for crypto derivatives, with trading volumes reaching $3.69 trillion. Currently, Robinhood Crypto is available in 50 U.S. states and territories, and the company saw a 224% increase in crypto trading volumes in the first quarter, driving significant revenue growth. https://cryptorank.io/ru/news/feed/9d99c-breaking-robinhood-considers-launching-crypto-futures-in-us-and-europe.htm 2️⃣ UNDP Partners with DFINITY Foundation to Enhance Financial Inclusion of MSMEs The UNDP announced a partnership with the DFINITY Foundation to leverage the Internet Computer (ICP)’s blockchain technology for developing the UN's Universal Trusted Credentials (UTC) initiative. This collaboration aims to improve digital trust and financial inclusion for Micro, Small, and Medium Enterprises (MSMEs) globally. A pilot program will be launched in Cambodia using ICP’s decentralized digital identity solution, Internet Identity (II). This initiative is expected to scale to 10 countries, supporting UNDP’s broader goal of leveraging blockchain for Sustainable Development Goals (SDGs). This partnership follows DFINITY's recent launch of API for blockchain interoperability and Verified Credentials for efficient data sharing across Web3. https://crypto.news/undp-partners-with-the-dfinity-foundation-to-enhance-financial-inclusion-of-msmes/ 3️⃣ VeChain and WoV Labs Introduce Blockchain-Powered Digital Passport for Authenticity Verification This collaboration aims to revolutionize digital ownership by offering SNOB Non Per Tutti magazine readers exclusive benefits, such as personalized promotions and content, accessible via WoV Labs’ Digital Passport. This tool simplifies the blockchain experience, requiring no prior knowledge from users. This initiative highlights a shift towards blending blockchain technology with conventional media platforms, sparking discussions among investors about its future market impact. https://www.crypto-news-flash.com/vechain-and-wov-labs-introduce-blockchain-powered-digital-passport-for-authenticity-verification/ 4️⃣ Cartesi and Avail Announce Strategic Integration to Advance Web3 Development This partnership combines Cartesi’s RISC-V Linux-based execution capabilities with Avail’s data availability solution, Avail DA, simplifying decentralized application development and enabling faster deployment. The integration offers a powerful modular stack that reduces on-chain data costs and ensures data availability and verifiability. This collaboration is expected to drive innovation in gaming and DeFi verticals. Cartesi’s Linux environment and Avail DA's secure data availability guarantees support sophisticated and scalable dApps, enhancing blockchain application scalability and security. https://www.crypto-news-flash.com/cartesi-and-avail-announce-strategic-integration-to-advance-web3-development/ 5️⃣ Injective Announces the Integration of IoTeX to Offer Seamless Asset Transfer This integration aims to facilitate seamless token transfers, offering significant benefits to consumers. Injective, an L1 blockchain, supports resilient DeFi app development with a plug-and-play infrastructure and its native token INJ driving its ecosystem. The integration with IoTeX allows for the inclusion of unique assets, DePin apps, and diverse use cases into Injective's ecosystem. This collaboration enhances the development and deployment of robust Web3 finance applications. https://blockchainreporter.net/injective-announces-the-integration-of-iotex-to-offer-seamless-asset-transfer/

THE LATEST CRYPTO NEWS FROM CNS ⤵️ 1️⃣ Tether signs MoU to promote crypto freedom in Turkey Tether, the issuer of the USDT stablecoin, has signed a memorandum of understanding (MoU) with Turkish crypto platform BTguru to promote cryptocurrency education and industry knowledge in Turkey. Announced on July 2, the partnership aims to introduce private and public stakeholders in Turkey to the benefits of cryptocurrency and blockchain technology. The MoU will also explore the use of peer-to-peer (P2P) technology and real-world asset tokenization for banks. https://cointelegraph.com/news/stablecoin-firm-tether-promote-freedom-turkey 2️⃣ Stellar Teams Up with SheFi to Boost Women in Blockchain Noting that 55% of the unbanked globally are women, SDF emphasizes the importance of female leadership in addressing these financial needs. Despite women-led companies receiving only 2% of venture capital funding in 2023 and women comprising just 27% of the Web3 workforce, SDF's Stellar Community Fund granted nearly 13 million USD worth of XLM last year to support diverse initiatives. Through collaboration with SheFi, which offers education and community-building programs, SDF is committed to enhancing gender diversity among Stellar builders and SCF winners. This partnership aims to empower women in Web3 through various educational initiatives. https://www.crypto-news-flash.com/stellar-teams-up-with-shefi-to-boost-women-in-blockchain/ 3️⃣ Cardano unveils eco-friendly metrics to meet Europe’s new MiCA rules This initiative aligns with the upcoming MiCA phase, which mandates the disclosure of sustainability indicators by crypto asset issuers and service providers. To ensure compliance, the Cardano Foundation partnered with CCRI to compile a report detailing Cardano’s sustainability indicators. The report highlights Cardano's energy-efficient consensus protocol, consuming significantly less energy than Proof-of-Work blockchains, with a consumption of only 704.91 MWh as of May 2024. It also reveals Cardano’s annualized carbon footprint of 250.73 tCO2e and carbon intensity of 356 gCO2 per kWh, aiming to set a benchmark for other blockchain networks. https://cryptoslate.com/cardano-unveils-eco-friendly-metrics-to-meet-europes-new-mica-rules/ 4️⃣ Chromia to launch its MVP mainnet on July 16 The announcement follows Chromia’s launch of its incentivized testnet, offering a 250,000 CHR token reward pool. By going live, the MVP Mainnet will mark the foundations of Chromia’s network development and introduce the native token CHR. The current CHR tokens issued on the ERC-20 and BEP-20 token standards bridged to the MVP Mainnet, the Chromia team announced. Also coming to the MVP Mainnet are core functions that are integral to Chromia’s operation and security, including payment of network hosting fees and provider payouts. https://crypto.news/chromia-to-launch-its-mvp-mainnet-on-july-16/ 5️⃣ Circle becomes first stablecoin issuer to obtain EMI license under MiCA This allowes Circle to offer its USDC and EURC stablecoins within the European Union. The license, granted by the French banking regulatory authority, enables Circle Mint France to manage these operations, aiming to capture a significant market share in the 27-nation trading bloc. Circle’s USDC, valued at $32 billion, is the second-largest stablecoin, and the new license may help it close the gap with Tether’s USDT, which stands at $110 billion. The MiCA regulations emerged from concerns over big tech companies entering financial markets, leading to five years of policy development in Europe. https://www.cryptopolitan.com/circle-secures-first-emi-license-under-mica/

THE LATEST CRYPTO NEWS FROM CNS ⤵️ 1️⃣ Sony plans to launch its own crypto exchange in Japan Sony Group, a major player in Japan's technology sector with a market value exceeding $100 billion, has entered the cryptocurrency market by acquiring Amber Japan. Previously known as DeCurret, Amber Japan faced difficulties following the collapse of FTX, which led to financial troubles and a debt-to-equity transaction involving Fenbushi. Now rebranded as S.BLOX, the company is leveraging Sony’s extensive resources and expertise to revitalize its operations. S.BLOX has announced plans to overhaul its WhaleFin service, including an improved user interface and the release of new applications, aiming to create new value in cryptocurrency trading services through collaboration with various Sony Group businesses. https://www.cryptopolitan.com/sony-to-launch-its-crypto-exchange-in-japan/ 2️⃣ Aptos Foundation proposes deploying Aave V3 on Aptos Network Currently in the "temperature check" phase, the proposal is gathering feedback from Aave's governance community. If approved, it will move through further discussion stages before final deployment after thorough testing and auditing. Aave Labs has already integrated and tested the code on the Aptos testnet, with the Aptos Foundation sponsoring the audit process. If approved, this would be the first Aave deployment on a non-EVM blockchain, making Aave accessible to developers in Aptos’ Move programming language-based ecosystem. Move was originally developed by Meta for Facebook’s now-defunct Diem stablecoin project. https://www.theblock.co/post/302861/aptos-foundation-proposes-deploying-aave-v3-on-aptos-network 3️⃣ VeChain Launches First Round of Voting on VeBetterDAO Mainnet The transition from testnet to mainnet included finalizing testnet rewards and preparing for the mainnet deployment of VeChainThor (VTHO) on June 28. Users exchanged their mainnet B3TR for VOT3 tokens between June 28 and June 30, with the first voting round starting on July 1 and initial rewards set for July 8. VeChain has also announced token support on platforms such as bridge.vet and swap.vechain.energy, and launched a Gleam campaign offering $VET branded Tangem wallets and UFC tickets. VeBetterDAO is gaining traction among sustainability-focused projects, emphasizing its role in promoting healthy living and environmental cleanliness. https://cryptonews.net/news/altcoins/29342796/ 4️⃣ IOTA Foundation Announces $2.9M in Grants for DeFi and NFT Projects The IOTA Foundation distributing $2,744,000 to 25 projects out of 102 applications. The grants aim to nurture and accelerate innovative Web3 projects, ensuring IOTA’s full potential is unlocked. Recipients include ioLend, a DeFi platform optimizing lending and liquidity, and Eco Forge Chronicles, an open-source trade-to-earn marketplace. Peppy Finance, which offers a “degen-themed” SYMMIO-integrated frontend, and TokenLabs.network, a no-code Web3 platform for creating and managing ERC-20 tokens, also received funding. The evaluation process ensures fair scrutiny and prioritizes projects in open-source development, research, education, and events. https://cryptonews.net/news/altcoins/29346029/

THE LATEST CRYPTO NEWS FROM CNS ⤵️ 1️⃣ VeChain Advances Sensor Networks with PoA Protocol for Fast, Secure Transactions Its blockchain solutions have already been applied in various sectors, including healthcare, supply chain management, and sustainability. The latest research highlights that blockchain can enhance wireless sensor networks (WSNs) by ensuring data integrity and security, mitigating malicious attacks, and optimizing storage through decentralized ledger technology. Researchers from leading Indian universities note that blockchain can improve the resilience and reliability of WSN communications. VeChainThor's efficient and scalable network makes it an ideal platform for decentralized WSNs. By integrating blockchain, WSNs can achieve greater security, transparency, and efficiency in applications ranging from IoT to agriculture and surveillance. https://www.crypto-news-flash.com/vechain-advances-sensor-networks-with-poa-protocol-for-fast-secure-transactions/ 2️⃣ Aptos, Alibaba Cloud to promote blockchain programming in APAC This collaboration introduces Alcove, Asia’s first collaborative Move developer community, aimed at fostering innovation and expanding the Move smart contract programming language. Alcove's mission is to grow Move’s influence by offering the necessary security, speed, and scalability for widespread adoption in the region. To support this initiative, Aptos Foundation will utilize Alibaba Cloud's technology to host hackathons and educational events, developing new Web3 talent and accelerating Japan’s on-chain ecosystem. This effort aligns with Aptos' broader goal of leveraging Web3 and blockchain technologies for improved engagement and fan loyalty in collaboration with partners like NBCUniversal. https://cryptonews.net/news/altcoins/29329644/ 3️⃣ North Carolina’s CBDC ban bill heads to governor’s desk North Carolina’s General Assembly has passed House Bill 690, which restricts the state government from using or accepting a Federal Reserve-issued central bank digital currency (CBDC). The bill now awaits Governor Roy Cooper’s approval, following overwhelming support in both the House and Senate. If signed into law, the bill will immediately prevent state agencies and courts from accepting CBDC payments and participating in any Federal Reserve branch CBDC tests. This move aligns with Louisiana’s recent bill banning CBDC use by the state government, which also included a provision for self-custody of crypto. The strong legislative support in North Carolina indicates that any veto from Governor Cooper could be easily overridden. https://cointelegraph.com/news/north-carolina-cbdc-ban-bill-heads-to-governor 4️⃣ Cardano Boosts Connectivity with Ethereum The Cardano Foundation has enhanced interoperability by integrating the Inter-Blockchain Communication (IBC) protocol, facilitating the development of Ethereum Virtual Machine (EVM)-based applications on Cardano's sidechain. This integration enables enterprises to benefit from Cardano’s deterministic fees and other features while working with other chains. Additionally, the foundation has stirred controversy by participating in the Interim Constitutional Committee (ICC) election, with some community members criticizing its involvement in the voting process. Despite this, the foundation emphasizes the benefits of IBC for scalable, secure, and interoperable blockchain solutions. https://u.today/cardano-boosts-connectivity-with-ethereum