Web3

All the latest news and developments from the world of Web3, migration from Web2, and blockchain.

Resonance Security, pioneering in full-spectrum cybersecurity, has launched its V1 platform after a year of beta testing, enhancing Web2 and Web3 security through a unified platform. This advanced offering integrates extensive security measures, including code audits and penetration testing, to offer unprecedented protection against cybersecurity threats.

Transak, a key player in Web3 payment solutions, has set a new standard by becoming the first global crypto on- and off-ramp service to secure SOC 2 Type 2 compliance. This milestone not only enhances the security and trust in the Web3 sector but also opens doors for collaboration with major regulated firms.

Binance’s web3 app store, Magic Square, acquired token platform TruePNL in a cash deal this week for an undisclosed sum. The deal brings TruePNL’s infrastructure (excluding branding & token) under Magic Square’s wing. Initially seeking a partnership, Magic Square opted for a full acquisition.

Since its launch in August 2022, Masa, the premier decentralized network for personal data, has experienced rapid growth, securing over 1.2 million unique wallets and accumulating more than 23 million data points. Despite a bear market, the network has attracted over 40,000 node operators to its testnet within just 18 months.

Self-custodial crypto wallet MetaMask has integrated with Robinhood to allow users to buy cryptocurrencies directly through the popular trading platform’s system. MetaMask’s developer, ConsenSys described this partnership as a major step towards bridging traditional finance with the blockchain-based economy.

If you’ve been following developments in Space and Time, you may have heard about our recent achievement—the introduction of a Zero-Knowledge (ZK) proof for SQL. This Proof of SQL is a significant advancement, allowing smart contracts to securely process data using SQL, which has promising implications for blockchain technology.