EVM

IOTA has integrated LayerZero’s cross-chain messaging protocol with its Ethereum Virtual Machine (EVM), enabling seamless communication and asset transfers across over 50 DLTs. This integration further underscores IOTA’s commitment to fostering a developer-centric environment, bridging its ecosystem with the broader blockchain community. In a significant development for interoperability, IOTA has announced the integration of the LayerZero cross-chain messaging protocol with its Ethereum Virtual Machine (EVM). LayerZero, a leader in facilitating seamless communication across various blockchain networks, has extended its messaging…

The post Ripple Unveils XRPL EVM Sidechain to Enhance Interoperability With Ethereum Ecosystem  appeared first on Coinpedia Fintech News Ripple Labs, a leading blockchain payments company using XRP as the native digital asset, has launched a new product dubbed XRPL EVM Sidechain. The XRPL EVM Sidechain will introduce Ethereum Virtual Machine (EVM) compatibility with the XRP Ledger (XRPL).  According to the announcement, the XRPL EVM Sidechain will enable decentralized financial (DeFi) developers to build next-generation Web3 applications. Notably, the XRPL…

London, UK, June 10th, 2024, Chainwire Solana VM — the world's 1st EVM compatible L2 for Solana, has raised over $1M to lead the DeFi on Solana. Presale is offering users the chance to invest in $SVM, Solana's VM native token, before the official token will be open for public trading. Solana VM raised over $1 million to launch a world’s first EVM compatible L2 for Solana.  The team has allocated 15% of the total token supply for the presale,…

Tortola, British Virgin Islands, June 5th, 2024, Chainwire Nibiru EVM execution boasts blazing-fast transaction speeds, scalability, and seamless integration for Ethereum developers, positioning Nibiru to drive mainstream adoption and innovation in Web3.  Overcoming Ethereum's Scalability Hurdles Nibiru Chain, a pioneering smart contract ecosystem, introduces Nibiru EVM, a high-performance Ethereum Virtual Machine (EVM) execution environment, showcased in its latest v2 release. Nibiru plans to scale beyond Ethereum's current infrastructure, which is limited to approximately 20 transactions per second (TPS) and results…

The IOTA Foundation has announced the launch of IOTA EVM, a Layer2 solution that can seamlessly integrate smart contract capabilities into the IOTA Network.  The announcement of the launch comes only a few months after the launch of the Shimmer EVM. It signals the culmination of extensive testing, audits, and significant enhancements.  The IOTA EVM  The IOTA EVM launch was made possible by a partnership between IOTA, LayerZero, Pyth Network, Stargate Finance, and Supra and offers an array of innovative…

To ensure the new protocol’s security, the IOTA Foundation commissioned a comprehensive audit by the renowned security firm Zokyo, which awarded the IOTA EVM a perfect score of 100 points. In preparation for the IOTA EVM launch, Safe has introduced a new MultiSignature Wallet. The IOTA community is gearing up for the highly anticipated launch of the IOTA Ethereum Virtual Machine (EVM) in June. To ensure the robustness and security of this new protocol, the IOTA Foundation engaged Zokyo, a…

The Sei V2 takes the proven advantages of the Sei network and makes it accessible to a global base of EVM developers. The Sei V2 has moved to the second phase dubbed Alpha Launch which is designed to minimize risk and optimize performance. Sei (SEI) network, a well-funded layer one (L1) blockchain focused on streamlining the web3 adoption, announced the second phase of the Sei V2 launch process. After a successful phase one that entailed a governance proposal, the Sei…

The imminent launch of the IOTA Ethereum Virtual Machine (EVM) is generating excitement within the IOTA community. Analysts highlight IOTA’s strong potential to lead the widespread adoption of real-world assets (RWAs) in the blockchain sphere. Excitement brews within the IOTA community as the launch of the IOTA Ethereum Virtual Machine (EVM) draws near. This revolutionary advancement is poised to herald a new era for the IOTA ecosystem, which boasts a valuation exceeding $660 million, by ushering in tokenization, DeFi, and…

The recent development for the IOTA EVM launch includes the successful deployment and testing of essential features like the MultiSignature Wallet and establishment of third-party RPC Nodes. With concerted efforts from the IOTA Ecosystem and BD Team, the ecosystem aims to foster a flourishing environment for DeFi and RWA. The team at IOTA Foundation has been working diligently for the launch of the IOTA EVM. In one of IOTA’s Discord channels, a team member has shared the progress made with…