Coinbase Alums Patchwork Take Next Step Toward No-Code Blockchain Development
The innovative startup, Patchwork, founded by former Coinbase developers and backed by the Base Ecosystem Fund, is making strides in simplifying blockchain development. As reported on CoinDesk, their latest release of low-to-no-code tools aims to lower barriers for building decentralized applications (dapps). This new approach allows users to create smart contracts using natural language inputs quickly. Co-founder Kevin Day highlighted that this Ethereum protocol enables dynamic on-chain application creation with ease.
BlackRock ETF Buys First Muni Bonds Issued Through Blockchain
In a groundbreaking move covered by Yahoo Finance, BlackRock's exchange-traded fund has purchased its first municipal bonds issued via blockchain technology. This acquisition marks a significant step towards integrating traditional financial instruments with cutting-edge digital ledger technologies. The use of blockchain ensures enhanced transparency and efficiency in bond transactions.
Exclusive: Tokenization Startup Plume Secures $20 Million Funding
Fortune reports that tokenization startup Plume has successfully raised $20 million to develop an ecosystem focused on real-world asset finance. With this funding, Plume plans to expand its platform which facilitates the digitization and trading of tangible assets through blockchain technology. The investment underscores growing interest from investors looking at practical applications of tokenized economies beyond cryptocurrencies alone.
Chainalysis Enhances Security with Acquisition of Hexagate
A report from Ynetnews reveals Chainalysis' strategic acquisition of Israeli firm Hexagate for approximately $60 million. Known for its Web 3.0 security solutions credited with saving clients over $1 billion by detecting vulnerabilities, Hexagate will bolster Chainalysis’ capabilities in threat prevention across blockchains globally as part of this deal.
Ecosystem Integrations Transforming Blockchain Gaming Landscape
An article published by Decrypt discusses how the play-to-earn model within blockchain gaming is evolving into more integrated ecosystems involving major players like Sony entering the space through layer-2 solutions. BGA’s recent survey findings indicate reduced user experience friction while challenges around mainstream credibility remain prevalent among gamers today.
Aave Protocol Developer Raises Funds For Lens Network Expansion
TechCrunch highlights Avara's successful securing of $31 million led by Lightspeed Faction to support the expansion of high-performance consumer apps built atop decentralized LENS network infrastructure. Originally based on Polygon, it is now utilizing ZKsync validiums to reduce transaction costs significantly, enabling broader adoption of social platforms leveraging web3 functionalities. This integration aims to seamlessly integrate with existing internet services without compromising affordability or scalability, with a future-proofing technological advancement anticipated by Q1 2025 with the mainnet upgrade.
Sources:
- Coinbase Alums Patchwork Take Next Step Toward No-Code Blockchain Development
- BlackRock ETF Buys First Muni Bonds Issued Through Blockchain
- Exclusive: Tokenization startup Plume gets $20 million in funding to build a real-world asset finance ecosystem
- Chainalysis bolsters blockchain security with acquisition of Israeli firm Hexagate
- Play-to-Earn Declines as Blockchain Gaming Shifts to Ecosystem Integrations
- Aave protocol developer secures $31 million for Lens, a high-performance blockchain for consumer apps
