New zk rollup zircuit launches, x10 hybrid perpetuals exchange goes live

New ZK Rollup Zircuit Launches, X10 Hybrid Perpetuals Exchange Goes Live

Last Updated: August 6, 2024By

Zircuit Introduces Mainnet Phase 1 with Enhanced Security

Zircuit, an EVM-compatible ZK rollup incorporating AI-enabled sequencer-level security, has officially launched Mainnet Phase 1. As part of this milestone, the team has initiated Season 1 Airdrop claims and unveiled the Zircuit Mainnet Festival. This innovative program rewards ZRC and offers substantial prizes proportional to the gas spent on the Zircuit network.

X10 Hybrid Perpetuals Exchange Debuts on Mainnet

X10, a hybrid perpetuals crypto exchange developed by former Revolut employees, has launched on mainnet, utilizing StarkWare’s StarkEx layer-2 engine for trade settlement. The X10 team is developing a user-friendly trading mini-app for Telegram, facilitating direct trading within the messaging app. This mini-app will feature all markets available on the X10 exchange, with orders and trades processed through X10’s order book. To enhance liquidity, X10 offers a transparent market maker program accessible to all and partners with global fintech to provide seamless on/off-ramping.

Cartridge Secures $7.5M Series A Funding, Led by Bitkraft Ventures

Cartridge, a developer of provable games and their supporting tooling and infrastructure, has raised $7.5 million in a Series A funding round led by Bitkraft Ventures. Additional participation came from Fabric, Dune, StarkWare, Primitive, and Ergodic. The company is also announcing the release of Dojo 1.0, an open-source framework and toolset for building complex, provable games, autonomous worlds, and applications. The funding will support Cartridge’s ongoing growth and commitment to fostering new, positive-sum ecosystems for game developers.

Xodex Launches DEX with Kaspa Blockchain Integration

Xodex has launched its decentralized exchange (DEX), marking a significant step toward becoming the first DEX to support the Kaspa blockchain. This platform facilitates seamless trading, including swaps with stablecoins and up to 50x leverage on perpetual futures. Key features include a self-custody model, low fees, and gas-less transactions for optimal cost-effectiveness and security. A phased rollout will enhance functionality with full Kaspa transaction support, leveraging zero-knowledge technology. Xodex aims to provide a secure, efficient trading experience across multiple blockchains.

Zoth Raises $4M to Accelerate Tokenized Liquid Note Launch

Zoth, a DeFi yield infrastructure company, has secured $4 million in a strategic round to expedite the launch of its Tokenized Liquid Note ($ZTLN). Significant investment came from Taisu Ventures, G20, Fat Cat Ventures, GemHead Capital, and other prominent firms. Previously, Zoth completed a $2.5 million Seed Round in April 2024, led by Blockchain Founders Fund. The $100 million $ZTLN, backed by Real World Assets such as U.S. Treasury bills and top-rated corporate bonds, aims to provide institutional investors with stable, transparent yields by bridging traditional fixed-income and DeFi.

Gif;base64,r0lgodlhaqabaaaaach5baekaaealaaaaaabaaeaaaictaeaow==

Get Blockchain Insights In Inbox

Stay ahead of the curve with expert analysis and market updates.

About the Author: Eunji Lim

Eunji lim

Disclaimer: Any post shared by a third-party agency are sponsored and Blockchain Magazine has no views on any such posts. The views and opinions expressed in this post are those of the clients and do not necessarily reflect the official policy or position of Blockchain Magazine. The information provided in this post is for informational purposes only and should not be considered as financial, investment, or professional advice. Blockchain Magazine does not endorse or promote any specific products, services, or companies mentioned in this posts. Readers are encouraged to conduct their own research and consult with a qualified professional before making any financial decisions.