Blockchain
DappRadar Lists the Tetra Staking Wallet by Orbs and Tracks Multichain Staking Contracts
Orbs continue to turn heads in the DeFi and blockchain world. Its Tetra staking wallet is now on DappRadar, improving the tool’s visibility and overall adoption.
Tel Aviv, Israel–(Newsfile Corp. – April 21, 2022) – Orbs checks off another crucial milestone as its Tetra staking wallet is now tracked by DappRadar. As one of the world’s dapp stores, DappRadar allows users to explore and track crypto dapps and their performance. Since its launch in 2018 DappRadar has become an industry powerhouse, supporting over 10,000 decentralized applications and offering trusted data and coverage on every tool.
Now that Tetra has been listed by DappRadar, users receive all the necessary information on the Tetra dapp page. This includes a description, ranking, GitHub links, social links, etc.
In addition, DappRadar has begun monitoring the Orbs staking smart contracts deployed across Polygon and Ethereum. The combined Total Value Locked (TVL) of these contracts has surpassed $200 million in staking ORBS using Tetra. It confirms that many appreciate the staking wallet, because it offers a streamlined user experience.
Being listed on DappRadar makes Tetra discoverable for the wider blockchain audience. Their data brings transparency for all involved, allowing all to see unique active wallets and transaction volumes within the Orbs ecosystem. That ecosystem continues to grow and accelerate. The team recently unveiled its multichain staking solution as part of Orbs PoS V3.
Users can stake ORBS across Polygon and Ethereum with the help of the Tetra wallet. That wallet helps users select a Guardian to delegate their voting power and engage in staking.
The option to stake ORBS on Polygon makes the Orbs ecosystem more accessible and fuels broader participation by token holders. Additionally, it helps solidify orbs as a multichain protocol. The multichain nature of Orbs grants developers the option to build new features on Polygon due to the network’s efficient scaling and lower fees.
About Orbs
Orbs is a public blockchain infrastructure executed by a decentralized network of permission-less validators using Proof-of-Stake (PoS) consensus.
Orbs’ unique features designed for interoperability with EVM-compatible blockchains, together with its decentralized network of nodes, allow it to be set up as a separate execution layer (“L3” ) operating to enhance the capabilities of EVM smart contracts. By working in conjunction with other L1 and L2 solutions as part of a tiered blockchain stack, Orbs opens up a whole new spectrum of possibilities for DeFi, NFT, Metaverse and GameFi.
Orbs was founded in 2017 and launched its mainnet and token in March of 2019. Orbs is being developed by a dedicated team of more than 30 people, with offices in Tel Aviv, London, Singapore, Tokyo and Seoul.
For more information, please visit www.orbs.com, or join our community at:
- Telegram: https://t.me/OrbsNetwork
- Twitter: https://twitter.com/orbs_network
Contact
Ran Hammer
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121040
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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