Latest News

Rabby Wallet Integrates IOTA EVM

Enhanced Multi-Chain Wallet Experience TL;DR: Rabby, a Web3 wallet by DeBank, integrates IOTA EVM, enhancing multi-chain DeFi experiences. It offers smooth network switching, detailed transaction insights, and pre-transaction risk scanning, providing IOTA EVM users with a secure, transparent, and efficient way to navigate the DeFi landscape. Rabby (https://rabby.io) is a Web3 wallet developed by DeBank, specifically designed for decentralized finance (DeFi) users of Ethereum and EVM-compatible chains. It positions

IOTA Web3 ID Solution Chosen for European Blockchain Sandbox

TL;DR: The Web3 Identification Solution built by the IOTA Foundation, walt.id, IDnow, Bloom Wallet, and HAVN, has been selected for this year’s European Blockchain Sandbox. The solution tokenizes all kinds of identification processes, enabling users to verify their identity in Web3 environments while maintaining control over their personal information. We are thrilled to announce that the Web3 Identification Solution built by the IOTA Foundation with walt.id, IDnow, Bloom Wallet, and HAVN, has been selected to take

Pyth Launches Price Oracles on IOTA EVM

Securing Data Availability and Accuracy TL;DR: A key piece of infrastructure is launching on IOTA EVM. Pyth Network is a provider of low-latency price oracles and their state-of-the-art solution delivers price feeds for more than 500 different assets, providing dApps with quick, easy, and secure access to valuable data. We are delighted to announce that Pyth Network (https://pyth.network/) has deployed its oracle services on IOTA EVM. Oracles play a crucial role in getting trusted real-world data “from the outside”

IOTA Grants Update Recap II

TL;DR: The IOTA Grants program supports blockchain projects in the IOTA ecosystem. Since the last update, 20 out of 82 applications have been awarded grants, totaling $2,365,000. Funded projects span categories from decentralized exchanges and NFT marketplaces to GameFi and tooling. The IOTA Grants program supports blockchain projects in the IOTA ecosystem. Since the last update, 20 out of 82 applications have been awarded grants, totaling $2,365,000.????The Grants Program in Numbers (as of June 1, 2024) Applications

Transitioning of SoonLabs and Soonaverse to Open Source Announcement

By the end of July 2024, all SoonLabs entities will be officially closed. Due to resource constraints, the entity can no longer afford to continue supporting the Soonaverse product and paying the monthly infrastructure costs. However, the technology is much more than just the Soonaverse itself and will continue on. To learn more about the complete open sourcing effort please read our most recent announcement: https://soonlabs.medium.com/a-journey-completed-announcing-our-open-source-release-986591841863 The Soonaverse…

A Journey Completed: Announcing Our Open Source Release

We are thrilled to announce the culmination of a journey that has spanned over 2.5 years. What began as a project to deliver tooling for NFTs, tokens, and reputation on the IOTA and Shimmer L1s has now reached a significant milestone: we are open-sourcing the entire platform. Throughout this journey, we have remained independent of venture capitalists and private entities. Our focus has always been on building a product that didn’t exist on the IOTA and Shimmer L1s, and we have done so without the financial backing of any…

LayerZero Integrates With IOTA EVM

Unlocking Interoperability for Enhanced Cross-Chain Communication TL;DR: LayerZero is integrating IOTA EVM into their cross-chain protocol, enabling seamless interoperability and communication with many ecosystems from the broader Web3 space like Ethereum, Binance Smart Chain, and Optimism. This move marks another step towards establishing IOTA and its EVM at the forefront of an omnichain Web3 world of blockchain networks, making IOTA EVM a cohesive and interoperable ecosystem. The ability of blockchain networks to

Unveiling Nakama’s dApps Roadmap on IOTA EVM

With the successful release of the IOTA EVM, we are excited to unveil our dApps roadmap and outline the next steps in our Web3 journey. Join us as we explore the path ahead of the Nakama ecosystem, paving the way for a top-notch user experience on one of the most promising EVM landscapes.Nakama LabsLet’s begin by taking a closer look at Nakama Labs. We are proud to announce that our team is continuously expanding. With nearly 25 employees, we remain to be the largest Web3 developer on IOTA EVM, and we continue to seek…

IOTA’s EVM Mainnet Unleashed

The Intersection of DeFi and Real-World AssetsTL;DR: Today, we launch IOTA EVM, a fully EVM-compatible Layer 2 solution for the IOTA network. This release follows extensive improvements, testing, and audits since the initial EVM launch on Shimmer in September 2023. IOTA EVM introduces features like smart contracts, cross-chain functionality, parallel processing, and enhanced security against Miner Extractable Value (MEV). The launch marks a significant step towards integrating DeFi with real-world assets. To get started,

From Illiquidity to Opportunity: The Rise of RWA Tokenization in Finance

Tokenization is set to revolutionize finance and trade, promising disruption across multiple industries and sectors. Conservative estimates (not including stablecoins) indicate that the combined market value of tokenized assets will reach USD 16 trillion by the year 2030.At its core, real-world asset (RWA) tokenization leverages blockchain technology and smart contracts to transform real-world assets into digital tokens. This process not only enhances the efficiency and security of asset ownership but also unlocks a myriad…

IOTA Identity Integrates Zero Knowledge Credentials

In Partnership with the LINKS Foundation TL;DR: The IOTA Foundation is working with its long-term partner LINKS Foundation to bring privacy-preserving selective disclosure credentials to IOTA Identity. This solution allows users to selectively share parts of credentials at their full discretion. In October 2023 the Cybersecurity Research Group at the non-profit research center LINKS Foundation announced their ZKryptium library for zero-knowledge selective disclosure credentials and their intention to integrate them

Tangle Community Treasury Election Statement

The Tangle Community Treasury (TCT) committee would like to elaborate on the outcomes of the recent IOTA and Shimmer on-chain governance elections and outline the subsequent steps for both us and the community. The complexity of the election results and their implications required us to seek legal advice and consult with several ecosystem stakeholders, which delayed this statement by a few weeks.Conclusion of Election ResultsLast month, the results of the March proposals and elections were officially published here:…

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