Interoperability

Integration of Phantom Wallet with Sui Network

Friday. December 6 at 4:00 PM

1 min. read

The Sui Foundation has announced the integration of Phantom Wallet, a leading non-custodial multichain cryptocurrency wallet, with the Sui network. Phantom, with 7 million monthly active users and over 560M total onchain transactions, offers key features like staking, in-app token swaps, NFT storage, and multichain support. This integration marks a significant milestone for the Sui network, being the first blockchain outside of Solana, Bitcoin, and Ethereum to be supported by Phantom. Sui, built around the Move language, benefits from enhanced interoperability through this partnership. The collaboration aims to provide Sui users with a secure wallet solution available on various platforms. Both parties express excitement about the partnership, highlighting the alignment in scalability and developer-focused solutions. This move signifies a shift towards a multichain future in the cryptocurrency industry.

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Speculation on Cardano and Ripple Partnership

Monday. December 23 at 3:00 PM

Cardano founder Charles Hoskinson has sparked rumors of a collaboration between Cardano and Ripple. Hoskinson praised Ripple CTO David Schwartz and acknowledged Ripple's battle with the SEC. He commended Ripple's resilience in overcoming legal challenges. Hoskinson expressed admiration for Schwartz's intelligence and described him as a 'great guy.' Discussions between Cardano and Ripple included potential synergies like integrating Cardano's sidechain and smart contract kit with Ripple's ecosystem. Speculation arose about a partnership after these discussions. The cryptocurrency community is intrigued by the possibility of collaboration between the two blockchain ecosystems. Hoskinson's positive remarks reflect a trend of cooperation in the crypto space to drive innovation and adoption. While neither Ripple nor Cardano has confirmed any partnership, the potential for collaboration remains open.

Interoperability

Enhancing Shiba Inu's Ecosystem Through Chainlink Partnership

Friday. December 20 at 3:00 PM

Shibarium, the Layer-2 blockchain network of Shiba Inu, has collaborated with Chainlink to introduce cross-chain interoperability and advanced data integration to its decentralized ecosystem. By implementing Chainlink's Cross-Chain Interoperability Protocol (CCIP) and the Cross-Chain Token (CCT) standard, assets like SHIB, LEASH, and BONE can now function seamlessly across 12 blockchains. This achievement opens doors for innovative multi-chain applications, driving wider adoption and sparking growth in the Shiba Inu ecosystem. The integration of Chainlink's CCIP and CCT standard enables secure token transfers through mechanisms like lock-and-mint and burn-and-mint, facilitating asset movement between Ethereum and other blockchains. Additionally, Shibarium has integrated Chainlink Data Streams to provide high-quality market data for efficient DeFi operations. This partnership signifies a trend in blockchain ecosystems embracing interoperability and advanced solutions for competitiveness and innovation.

Interoperability

Innovative Multichain Restaking Solution Launched by Wormhole and Nuffle Labs

Wednesday. December 18 at 5:00 AM

Interoperability platform Wormhole and restaking provider Nuffle Labs have joined forces to introduce a groundbreaking multichain restaking solution. This collaboration, announced on Dec. 17, allows users to stake their tokens on any chain without the need for cross-chain bridging. By utilizing Wormhole's message-passing architecture, Nuffle Labs' NUFF Protocol, and EigenLayer's staking infrastructure, the new solution addresses liquidity fragmentation in the multi-chain staking ecosystem. Co-founder and CTO of Nuffle Labs, Firat Sertgoz, highlighted the significance of this partnership in enabling 'x from anywhere' restaking in the multi-chain environment. The introduction of native cross-chain restaking through Nuff Protocol offers users the ability to stake on any chain seamlessly. Initial support for Eigenlayer, a leading restaking protocol on Ethereum, is already in place, with a TVL exceeding $18.4 billion. Nuff Protocol users can now restake tokens from any blockchain on EigenLayer, leveraging NEAR DA and Nuffle First Finality Layer for data availability and multi-chain messaging.

Interoperability

Push Chain: Unifying Blockchain Communication and Transactions

Friday. December 13 at 4:00 PM

Push Protocol has introduced Push Chain, a layer 1 blockchain that bridges blockchain communication and transactions. The platform enables seamless interactions between EVM and non-EVM ecosystems, offering developers access to wallet states across different networks without the need for fragmented infrastructure. Push Chain facilitates transactions across various chains, incorporating consumer-centric features for enhanced user experiences. By introducing consumer transactions, developers can create applications that serve as universal hubs across networks. The chain's architecture, with sub-second finality, provides a scalable foundation for social platforms, gaming, finance, and cross-chain NFT trading. Push Chain's integration of notification and chat protocols at the chain level signifies a shift towards on-chain environments. The platform's compatibility with on-chain AI agents and applications opens up possibilities for advanced functionalities. Developer resources, including whitepapers and simulation environments, are available, with plans for an incentivized testnet and additional documentation to support application development across supported chains.

Interoperability