Binance Labs has announced an investment in Delphinus Lab, an infrastructure provider that is leading the zkWASM space, where zero-knowledge (ZK) cryptography is deployed in WebAssembly (WASM) environments. The funds will be used for development of Delphinus’s zkWASM-based application rollup platform, zkWASM Hub, according to the blog post. WASM is a programming environment used by several blockchains, including Cosmos and Polkadot, often positioned as an alternative to the Ethereum Virtual Machine or EVM.
Num Finance, a stablecoin issuer, has rolled out a Colombian peso-pegged token, named nCOP, on the Polygon network. 1inch Network, an aggregator of decentralized exchanges or DEXes, has deployed on Coinbase’s new layer-2 blockchain, Base. Radix Publishing, publisher of code for Radix, a layer 1 smart-contract platform, announced the final update of its two-year-old Olympia Protocol would be released at the end of August, as part of the move toward Radix’s Babylon mainnet migration at the end of September. Pancake Swap, a decentralized exchange, has expanded to the Ethereum layer-2 blockchain Linea, from the big Ethereum developer ConsenSys. Unstoppable Domains, a provider of digital identities that include crypto addresses, has launched a new messenger feature powered by XTMP that allows owners of UD domains — or any Web3 wallet address — to chat with each other across the blockchain.
Binance Labs’ investment in Delphinus Lab is a major step forward in the zkWASM space, and other recent developments in the blockchain space are also noteworthy.