Dapp for Diem blockchain partners with Polkadot infrastructure provider
Pontem founder Boris Povod said the partnership was aimed at improving Polkadot’s current node infrastructure, with Pinknode providing “reliable and secure API endpoints.” The decentralized application aiming to connect Facebook’s Diem blockchain with public networks is partnering with node infrastructure provider Pinknode.In a Friday announcement, the Pontem Network said it would be working with Pinknode to provide node infrastructure through the Polkadot ecosystem. The network is aimed at allowing developers to use a Polkadot parachain as a testing ground for their ideas before....
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Pontem Network has received backing from several notable investors, including Delphi Ventures, Collider Ventures, Alameda Ventures, Skynet Trading and Animoca Brands. In total over 30 investors contributed to the raise. Pontem Network, a decentralized application that seeks to connect Facebook’s Diem to public blockchains like Ethereum (ETH), has raised $4.5 million in seed investments, setting the stage for continued development of the ambitious digital currency project. The Pontem Network is described as a Polkadot Substrate-based chain, which means it can serve as a testnet for....
China’s state-sanctioned blockchain infrastructure provider BSN is adding cross-chain protocol Polkadot, decentralized cloud data startup Oasis and China-based project Bityuan to its network.
The parent company of Plasm Network and Shiden Network has prioritized development initiatives centered around Polkadot and Kusama. The company received support from over a dozen venture firms and several other angel investors. Stake Technologies Inc., an infrastructure provider for decentralized applications and Web 3.0 protocols, has raised $10 million in strategic investments to help build out the Polkadot and Kusama ecosystems through its wholly owned Plasm and Shiden networks.The funds will be immediately deployed to help Stake Technologies complete a successful parachain lease....
Rumors circulated last week that Facebook’s parent company and its partners are looking to exit its troubled cryptocurrency project. Well, it turns out the grapevines were correct. Mark Zuckberberg’s cryptocurrency Diem will not see the light of day. Diem, a cryptocurrency backed by Meta, is shutting down after a series of rebrands, public hearings, and […]
Fireblocks and First Digital Asset Group have developed a seamless connection to Diem, allowing financial institutions to access the emerging payment network. The platform is still awaiting regulatory approval before it can launch. The Diem Association is progressing towards launch with a new technical upgrade that reportedly allows more financial institutions to connect with the payment network. Crypto security specialist Fireblocks and First Digital Asset Group, a Diem payment provider, announced Tuesday that they’ve developed a secure wallet and infrastructure that allows financial....