The latest technology news in the field of cryptocurrencies and blockchain

January 11: InjectionFinance-focused blockchain company Web3 has launched its Volan chain upgrade, the biggest update to the protocol to date, which will introduce a Real World Assets (RWA) module. According to the team: “Injective's new RWA module provides a pioneering approach to creating and managing permitted assets with extensive customization options. This module allows both institutions and individual users to launch and easily access a variety of structured products and RWAs such as fiat currency pairs, treasury bills, and Exclusive credit, accessible through compatible gateways.” (eng)

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January 11: but, Layer 1 blockchain, acquires DePIN and DeWi through pioneering partnership with Karrier One, According to the team: “The deal also includes a strategic investment from Sui to support the expansion of Karrier One’s global footprint and deployment on Sui. The technical integration will include DePIN services powered by the Sui blockchain and the launch of the Karrier One decentralized wireless network (DeWi) token on Sui. In addition, shareholders and participants will be able to Karrier One ecosystem earns DeWi tokens for various activities such as radio deployment and mobile phone usage involving Karrier One phone numbers.

January 11: Union Laboratories, a sovereign interoperable layer, has partnered with the Movement Labs blockchain benchmark network and the Cosmos Noble-based asset issuance app chain to move native USDC and other assets via the Celestia benchmark stack. According to the team: “Union’s zero-knowledge IBC bridge facilitates the seamless flow of liquidity across Move pools, the broader Cosmos ecosystem, and Celestia sovereign pools, as well as allowing public messaging and asset transfers on Move.”

January 11: Open Dollar (OD), a lending protocol from Arbitrum, will drop 78,000 tokens to eligible wallets on January 17, roughly three weeks before the lending protocol goes live on the Arbitrum Mainnet. According to the team: “Open Dollar is a child of DeFi and NFTs, creating a concept called Non-Fungible Vaults (NFVs) that enables tradable loans as NFTs, focusing on liquid storage tokens and Arbitrum native assets, so that users earn their funds staking rewards while trading.” Three percent of the total token supply, 300,000 Open Dollar Governance tokens, will be distributed to eligible users.

January 11: Bitfinity NetworkInfrastructure company Web3 announced Thursday that it has secured more than $7 million in funding from prominent backers, including Polychain Capital and ParaFi Capital, to further its mission of creating off-chain infrastructure for Bitcoin and Ordinals. According to the team: “The increase coincides with the development of the Bitfinity Ethereum Virtual Machine (EVM) – a Bitcoin sidechain integrated into the Internet’s computer blockchain that enables developers of EVM-compatible blockchains and services to create Bitcoin-enabled decentralized applications (dApps).” “)

January 11: Ethereum Co-founder Vitalik Buterin proposed raising the network's gas limit by 33% on Wednesday — a move that would increase the network's transaction capacity and could reduce fees for end users, but could increase operational costs for auditors.

January 11: AOFverseProminent mobile gaming studio has received a 'major' grant from the Arbitrum Foundation, according to the team: AOFverse plans to innovate mobile games using blockchain technology, with a focus on Web3 integration and user education. Their game Army of Tactics is gaining popularity with over 4 million followers on TikTok. The AFG token promotes community engagement. “This partnership aims to create a Metaverse powered by blockchain technology, setting new standards for the gaming industry.”

January 11: Uri Kolodny, CEO of Ethereum scaling and privacy technology company StarkWare, is stepping down due to a family health issue. StarkWare President Eli Ben Sasson will become CEO, and Kolodny will continue to serve on StarkWare's board of directors, the company said Thursday.

January 11: Layer 1 blockchain coming Pershin It opened its testnet to the public on Thursday, marking the debut of its Proof of Liquidity consensus mechanism 42 million dollars in finance last year. Berachain is a meme-fueled project built in the Cosmos ecosystem. Its creators are largely pseudonymous cryptocurrency developers who identify themselves online with pictures of cartoon bears — some of whom smoke pot.

January 11: ghost, a decentralized, non-custodial lending and borrowing protocol, votes on PayPal's PYUSD stablecoin issued by Paxos Trust. In an ongoing governance vote, 99.98% of participating AAVE token holders favor merging PYUSD into the Ethereum-based AAVE pool. Voting on the proposal, called temperature screening, which was put forward by Trident Digital on December 18, will end later Thursday. The vote follows decentralized exchange Curve's December decision to host PYUSD.

January 11: RyderThe hardware wallet company announced that it will become the site of the upcoming Stacks Nakamoto upgrade in addition to operating the FAST pool. According to the team: “FAST Pool is one of the first staking services in the Stacks ecosystem and one of the largest currently, boasting a total TVL of 43 million STX. Rider’s involvement in helping to decentralize Bitcoin movement on the second layer of Stacks” will enhance the security of network and enables the next generation of scalable Bitcoin applications.”