Abstraction News
32 subscribers
1 photo
1 video
130 links
Everything Chain + Account abstraction, new interop integrations, and thought leadership. abstraction.news
Download Telegram
⚑ Stables Labs Partners for Cross-Chain Access on Base

Stables Labs announced its integration with @base, supported by a collaboration with @axelar and @squidrouter, to provide seamless cross-chain access for its digital currencies $USDX and $sUSDX on the Base platform. This partnership marks a new phase for Stables Labs in enhancing decentralized finance capabilities.

πŸ‘€ Source @StablesLabs
⚑ Coinbase Launches Embedded Wallets for Developers

Coinbase has announced the launch of Embedded Wallets, a new product aimed at developers. This feature allows developers to provide their users with invisible, self-custodial wallets through a simple command. Key highlights include a 4.1% reward on USDC, easy onramping, and enhanced security backed by Coinbase's DEX. More details are available in the announcement thread by @yugacohler.

πŸ‘€ Source @yugacohler
⚑ Challenges in USDC Migration Highlighted

Rath Finance highlights the challenges faced during the recent migration from Noble-issued USDC to the official USDC on Sei Network. The company, committed to making crypto interactions seamless, finds the process less straightforward than anticipated. @USDC and @SeiNetwork were involved in the transition, which was described as painful.

πŸ‘€ Source @rathfinance
⚑ Sui Network Launches Passkey on Mainnet

Sui Network has launched Passkey on its mainnet, offering users secure login options using Face ID, Touch ID, or a Yubikey, eliminating the need for traditional passwords or seed phrases. Developers are encouraged to integrate this feature into their Sui applications.

πŸ‘€ Source @SuiNetwork
⚑ Streamlined Trading Across Multiple Blockchains with ConsumerFi

Blockchain enthusiast @dleer_defi highlights the efficiency of using @ConsumerFi for trading across Solana, NEAR, and BSC in under two minutes. The integration of NEAR Protocol's intents is noted for its smooth operation, enhancing user experience in decentralized trading.

πŸ‘€ Source @dleer_defi
⚑ LayerZero Foundation Proposes Acquisition of Stargate

The LayerZero Foundation has announced a proposal to acquire Stargate (STG), aiming to integrate the bridge into its operations. This move is part of their strategy to 'Bring the Bridge Home,' enhancing their blockchain capabilities. More details can be found in their announcement here. For further context, see @StargateFinance.

πŸ‘€ Source @LayerZero_Core
⚑ DefiLlama Now Tracks Templar Protocol on NEAR

DefiLlama has announced that it is now tracking Templar Protocol on the NEAR Protocol. Templar is a decentralized lending platform that allows users to borrow stablecoins using Bitcoin or other cross-chain assets as collateral. This service operates without the need for centralized intermediaries, wrapping, bridging, or Know Your Customer (KYC) procedures. For more details, visit @TemplarProtocol and @NEARProtocol.

πŸ‘€ Source @DefiLlama
❀1
⚑ Offchain Labs Acquires ZeroDev to Enhance Web3 UX

Offchain Labs has acquired ZeroDev, aiming to enhance the Web3 user experience. ZeroDev, known for its smart account innovations, plans to expand development across all layers of the tech stack with Offchain Labs' support. The acquisition signals a commitment to improving both the interface and infrastructure of blockchain technology. @zerodev_app announced the news with enthusiasm about future developments.

πŸ‘€ Source @zerodev_app
⚑ Solana Developers Seek Feedback on Kora

The Solana development team is inviting developers to test Kora, a new feature designed to eliminate the need for SOL in Solana transactions, allowing users to pay with any token. The team encourages feedback and issue reporting to enhance the tool, which uses fee abstraction via JSON-RPC and SDK. More details can be found on the Solana Developers' Twitter.

πŸ‘€ Source @solana_devs
⚑ $RHEA Token's Price Feed Expands Across 100+ Blockchains

The price feed for $RHEA, the token of @rhea_finance, a liquidity solution on @NEARProtocol, is now live across over 100 blockchains. This expansion aims to enhance liquidity across the ecosystems, marking a significant milestone for the chain-abstracted solution. The announcement was shared by @PythNetwork.

πŸ‘€ Source @PythNetwork
❀1
⚑ HyperEVM Launches on Infinex Platform

Infinex has announced the launch of HyperEVM, making the previously isolated ecosystem of @HyperliquidX accessible to all users. This integration allows for seamless transactions, including sending, depositing, and Swidge operations directly from Infinex accounts. The move aims to simplify access to Hyperliquid's blockchain features.

πŸ‘€ Source @infinex
⚑ Wormhole Foundation Expresses Interest in Acquiring Stargate Finance

The Wormhole Foundation has announced its intention to acquire @StargateFinance, a prominent protocol in multichain asset transfers. The foundation expressed respect for Stargate's team and holders, emphasizing the importance of ensuring a fair deal for all stakeholders involved.

πŸ‘€ Source @WormholeFdn
πŸ”₯1
⚑ SwapKit Integrates NEAR Protocol's Intents for Enhanced Trading

SwapKit has announced the integration of NEAR Protocol's intents, as shared by the official @SwapKitPowered account. This integration promises smarter routing, gas-abstracted trades, and fast finality, aiming to provide more liquidity and better pricing for users. The update highlights the collaboration with @near_intents by @NEARProtocol, enhancing the trading experience on the platform.

πŸ‘€ Source @SwapKitPowered
⚑ Stargate DAO Approves Acquisition of LayerZero

Stargate DAO has approved the acquisition of LayerZero, despite receiving last-minute interest from other potential buyers including Wormhole, Axelar, and Across.

πŸ‘€ Source @TheBlock__
⚑ MetaMask Launches Social Login Feature Enhancing User Experience

MetaMask has introduced a new Social Login feature, utilizing the "Threshold Oblivious Pseudorandom Function" (TOPRF) and a distributed key management protocol, ensuring secure user token custody. This development aims to streamline user onboarding by allowing wallet creation through existing login methods, reducing friction and facilitating faster access to Web3. @MetaMask has been highlighted as a key player in this advancement.

πŸ‘€ Source @francescoswiss
⚑ Zcash Now Available on SwapKit Platform

SwapKit has announced the integration of Zcash (ZEC) into its platform, allowing for cross-chain swaps via Maya Protocol and Near Intents. This development is set to enhance privacy and liquidity for integrators.

πŸ‘€ Source @SwapKitPowered
⚑ Privy Announces Chrome Extension Support for Enhanced Integration

Privy has launched support for Chrome extensions, aiming to enhance the integration of Privy authentication and wallets into browser extensions. This update includes a new starter kit and documentation to assist developers in leveraging these features.

πŸ‘€ Source @privy_io
⚑ Rabby Perps Launches on Mobile and Extension Platforms

Rabby_io has launched Rabby Perps on both Rabby Mobile and Rabby Extension, offering users the ability to trade with up to 40x leverage across 100 markets. The platform allows for flexible trading, enabling users to go long or short anytime and anywhere. The service is powered by @HyperliquidX.

πŸ‘€ Source @Rabby_io
⚑ SushiSwap Launches on Berachain

SushiSwap has announced its launch on the Berachain platform, allowing users to swap Berachain assets with optimal pricing through the Sushi Aggregator. Users are encouraged to start swapping today by visiting the provided link. More details can be found in the original announcement by @SushiSwap, which highlights the advantages of this integration.

πŸ‘€ Source @SushiSwap