Tag: Protocol

  • ARPA Chain (ARPA) and Perpetual Protocol (PERP) are now available on Coinbase

    ARPA Chain (ARPA) and Perpetual Protocol (PERP) are now available on Coinbase

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    Starting today, ARPA Chain (ARPA) and Perpetual Protocol (PERP) are available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store ARPA and PERP in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on Coinbase Pro.

    ARPA Chain (ARPA) is an Ethereum token that powers ARPA Chain, a computation network that enables privacy-preserving smart contracts, data storage, and scalable off-chain transactions. The ARPA token can be used to pay for data and computation in addition to governing the future of the network.

    Perpetual Protocol (PERP) is an Ethereum token that powers Perpetual Protocol, a decentralized exchange for perpetual contracts. Using perpetual contracts, users can open leveraged long or short trading positions for a variety of assets.

    One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase. We announced a process for listing assets, designed in part to accelerate the addition of more cryptocurrencies. We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages (see ARPA and PERP), as well as a new section of the Coinbase website to answer common questions about crypto.

    Customers can sign up for a Coinbase account here to buy, sell, convert, send, receive, or store e Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store ARPA and PERP today.

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    Please note: Coinbase Ventures may be an investor in the crypto projects mentioned here, and additionally, Coinbase may hold such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available at https://ventures.coinbase.com/. Coinbase intends to maintain its investment in these entities for the foreseeable future and maintains internal policies that address the timing of permissible disposition of any related digital assets, if applicable. All assets, regardless of whether Coinbase Ventures holds an investor or Coinbase holds for operational purposes, are subject to the same strict review guidelines and review process.

    This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

    Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.

    All images provided herein are by Coinbase.


    ARPA Chain (ARPA) and Perpetual Protocol (PERP) are now available on Coinbase was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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  • ARPA Chain (ARPA), Bounce (AUCTION) and Perpetual Protocol (PERP) are launching on Coinbase Pro

    ARPA Chain (ARPA), Bounce (AUCTION) and Perpetual Protocol (PERP) are launching on Coinbase Pro

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    Starting Today, Monday October 18, transfer ARPA, AUCTION and PERP into your Coinbase Pro account ahead of trading. Support for ARPA, AUCTION and PERP will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin on or after 9AM Pacific Time (PT)Tuesday October 19, if liquidity conditions are met.

    One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for BadgerDAO (BADGER), Rarible (RARI), Function X (FX), Jasmy (JASMY), Wrapped Centrifuge (WCFG), Avalanche (AVAX), Adventure Gold (AGLD), Braintrust (BTRST), Rari Governance Token (RGT) XYO Network (XYO), DerivaDAO (DDX), DFI.money (YFII), Radicle (RAD), COTI (COTI) and Axie Infinity (AXS).

    Starting Today, Monday October 18 we will begin accepting inbound transfers of ARPA, AUCTION and PERP to Coinbase Pro. Trading will begin on or after 9AM Pacific Time (PT) Tuesday October 19, if liquidity conditions are met.

    Once sufficient supply of ARPA, AUCTION and PERP is established on the platform, trading on our ARPA-USD, ARPA-USDT, ARPA-EUR, AUCTION-USD, AUCTION-USDT, AUCTION-EUR, PERP-USD, PERP-USDT and PERP-EUR order books will launch in three phases, post-only, limit-only and full trading. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.

    We will publish tweets from our Coinbase Pro Twitter account as each order book moves through the phases.

    Bounce (AUCTION) is an Ethereum token that powers Bounce, a decentralized auction protocol for token and NFT sales. AUCTION supports incentives on the protocol, provides benefits and governance rights for holders, and is used to pay for certified listings.

    ARPA Chain (ARPA) is an Ethereum token that powers ARPA Chain, a computation network that enables privacy-preserving smart contracts, data storage, and scalable off-chain transactions. The ARPA token can be used to pay for data and computation in addition to governing the future of the network.

    Perpetual Protocol (PERP) is an Ethereum token that powers Perpetual Protocol, a decentralized exchange for perpetual contracts. Using perpetual contracts, users can open leveraged long or short trading positions for a variety of assets.

    ARPA, AUCTION and PERP are not yet available on Coinbase.com or via our Consumer mobile apps. We will make a separate announcement if and when this support is added.

    You can sign up for a Coinbase Pro account here to start trading. For more information on trading ARPA, AUCTION and PERP on Coinbase Pro, visit our support page.

    ###
    Please note: Coinbase Ventures may be an investor in the crypto projects mentioned here, and additionally, Coinbase may hold such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available at https://ventures.coinbase.com/. Coinbase intends to maintain its investment in these entities for the foreseeable future and maintains internal policies that address the timing of permissible disposition of any related digital assets, if applicable. All assets, regardless of whether Coinbase Ventures holds an investor or Coinbase holds for operational purposes, are subject to the same strict review guidelines and review process.
    This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

    Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.

    All images provided herein are by Coinbase.


    ARPA Chain (ARPA), Bounce (AUCTION) and Perpetual Protocol (PERP) are launching on Coinbase Pro was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.



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  • Privacy crypto protocol Railgun to support Ren assets (renBTC, renZEC)

    Privacy crypto protocol Railgun to support Ren assets (renBTC, renZEC)

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    Ren, a network for cross-chain exchange, announced that Railgun, a smart contract system providing privacy to crypto users via zero-knowledge proofs (zk-SNARKs), now supports renBTC and renZEC.

    Integration of Ren with Railgun allows users to take advantage of Railgun’s privacy attributes and combine it with interoperability.

    By using Railgun, user’s wallet addresses will be removed from their actions and transactions on blockchains where that information was previously public. Railgun users will enjoy privacy when trading, using leverage platforms, and when providing liquidity to decentralized applications (dApps).

    “The collaboration with Railgun will continue to be fruitful for both communities; by helping to expand each other’s networks and bring interoperability and privacy features to both ecosystems. The Railgun community will also be exploring RenJS to enable native deposits into their ecosystem.”
    – The Ren Team

    How To Use Railgun

    1. Bridge BTC or ZEC to Ethereum via RenBridge: bridge.renproject.io
    2. Deposit assets into the Railgun ecosystem by following these directions.
    3. Utilize these assets in DeFi as you would otherwise.

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  • Chainsulting assumes development of BSC-based lending protocol Lendefi

    Chainsulting assumes development of BSC-based lending protocol Lendefi

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    Lendefi, an undercollateralized lending protocol built on the Binance Smart Chain, announced that it has signed an agreement with Chainsulting to manage and develop the Lendefi protocol starting August 1st.

    Recently, Lendefi launched its testnet for public utilization of the platform and is moving swiftly towards its mainnet launch on the Binance Smart Chain.

    During this critical roadmap stage, Lenefi decided to engage Chainsulting as its new technology partner. Specifically, Chainsulting will oversee the mainnet deployment; ensuring that best security practices are followed for the protection of the Lendefi protocol. Chainsulting will be providing support and maintenance of Lendefi’s protocol in the runup to the mainnet launch and beyond.

    Lendefi + Chainsulting

    Chainsulting is a German company specializing in distributed ledger technology (DLT) and digital assets. The company was founded in 2017 by its managing directors Florian Protschka and Yannik Heinze. Services include development, consulting, security audits, and research within the blockchain space.

    Previous clients of Chainsulting have included 1inch, Unicrypt, and DIA. The company’s track record spans 4 years and over 150 clients.

    “We’re pleased to have engaged Chainsulting for Lendefi’s future development and protocol management. I believe they have the experience, expertise and security knowledge to take Lenedefi to mainnet and completion of the roadmap.”
    – Scott Schulz, CEO of Lendefi

    Expected to be complete within the next few weeks…switching development of Lendefi’s protocol from BLABS to Chainsulting is now underway.

    “Chainsulting is excited to be working with Lendefi to bring them towards mainnet and beyond.”
    – Yannik Heinze, Development Executive at Chainsulting

    The Lendefi protocol aims to deliver leveraged trading and secured lending for cryptocurrency markets. Utilizing an undercollateralized loan model, Lendefi facilitates a trustless relationship between lender and borrower, all managed by the protocol to remove counterparty risk.

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  • Axelar secures $25M to grow its blockchain interoperability protocol

    Axelar secures $25M to grow its blockchain interoperability protocol

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    Axelar, a decentralized interoperability network that connects blockchain ecosystems, apps, and users, has raised $25m in its Series A funding, led by Polychain Capital. The funding will go towards scaling the network’s key integrations and providing more engineering resources for the team’s rapid expansion.

    In addition to Polychain Capital, notable investors in the funding round include Dragonfly Capital; Galaxy Digital; North Island Ventures; Robot Ventures; Collab+Currency; Cygni Capital; Lemniscap; Divergence Ventures; SCB 10X; Hypersphere; Zola Global Investors; Nima Capital; and GoldenCoin TS LLC.

    Angel investors participating in this Series A include Do Kwon, co-founder of Terra; Happy Walters, co-founder and CEO of Catalyst Sports & Media; Waikit Lau, founder and CEO of RemoteHQ; and others.

    Interoperability Protocol

    The Axelar protocol is designed explicitly to frictionlessly connect all blockchain ecosystems that speak different languages. The protocol empowers developers to build on any blockchain platform and leverage cross-chain liquidity and composability via the Axelar Network.

    Axelar Network is currently live in testnet, with a range of early adopters including the Polkadot, Terra, and Avalanche ecosystems. Polkadot users will be able to move digital assets from external chains to Moonbeam and use them in dApps; while Avalanche users and developers will be able to access assets on Bitcoin, Ethereum, and additional chains connected to Axelar’s network.

    “We are delighted to have reached such an important funding milestone, which will allow us to work towards our goal in delivering complete industry-wide blockchain interoperability solutions, including further integrations with other networks. We are thankful for such a vote of confidence in Axelar by our investors and stakeholders; who have recognized the need for scalable cross-chain communication, and believe that Axelar is the one to deliver it.”
    – Sergey Gorbunov, Co-Founder & CEO of Axelar

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  • Robonomics and Ocean Protocol Monetizing IoT Data and Creating a New Cyber-Physical Data Market

    Robonomics and Ocean Protocol Monetizing IoT Data and Creating a New Cyber-Physical Data Market

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    It’s unquestionable that the future of mankind is one filled with machines, IoT devices, and robots. Be it sensors, drones, assistant robots, they’ll all be generating abundant amounts of data through their activities and interactions with humans. Much of their generated data will be valuable to both individuals and companies.

    Just take a few moments to imagine a future for yourself where you’d be able to monetize valuable data created by your robotic devices and turn that into a source of income by tokenizing it on the blockchain. Or one where your automated home environment can autonomously purchase or process helpful data to do its job better and make your life more convenient.

    A collaboration between Robonomics, a platform for developers and engineers to connect IoT and ROS compatible devices to a digital economy and Ocean Protocol, which lets one monetize any kind of data is creating a future where machine data can be automatically monetized.

    Through the use of Robonomics, IoT devices and robots can become economic agents for people. Simply put, they can partake in legal obligations, purchase things, and even participate in an open job market.

    As mentioned previously, a robot economy naturally produces a lot of data, this is where Ocean comes in. Robonomics leverages Ocean Protocol and the creation of data tokens, a fundamentally new type of asset, to discover new pathways and use cases for automatically monetizing data generated by robots and IoT devices.

    With a growing robotics and automation trend in everyday life, it is now already possible to quite easily see potential applications of such technology. An important and demanded one is the tokenization of environmental data obtained from a device, for example, a sensor or drone that measures soil, air, and water pollution.

    The ability to tokenize and monetize such environmental data will allow for the emergence of new markets that revolve around concepts of carbon credits and citizen science. If we take into account a growing interest in pollution, environmental friendliness and management, then quite a bit of value can be attributed to this data. And the value of it will only continue to grow.

    We all interact with autonomous systems quite frequently in our daily lives while often paying no attention to it. For instance, we’ve all likely been in contact with a robotic customer service agent on the phone or online. There is valuable data in such interactions that could be tokenized for marketing and consumer relations purposes.

    As the trend of IoT and robotics involvement in our daily lives continues to grow, so will use cases for the tokenization of such data. Imagine robot waiters or public service workers and the audio, visual, and any other data they collect when executing any given task like serving or helping a customer. If such a robotic waiter or worker was live on the Robonomics network, its data could be collected and further analyzed with machine learning and various algorithms, tokenized, and sold to those who need it.

    The use cases presented are no more than but a little food for thought of what can be achieved through the Robonomics Network and Ocean Protocol collaboration. As IoT and robots continue to proliferate, entirely new avenues for the use of their data will emerge. And both projects are essentially ushering in a new market for cyber-physical data and will be at the forefront of it.

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