Welcome to our June newsletter!

Last Month was action-packed, and we're excited to fill you in on the highlights. On a side note, our team is growing rapidly - don't miss your chance to be part of it. Head over to our careers page to apply now!.

Client Spotlight

InfStones has announced its collaboration with ZetaChain, an EVM-compatible Layer 1 blockchain known for its cross-chain interoperability. This partnership aims to simplify blockchain infrastructure and improve the developer and user experience. ZetaChain enables the creation of omnichain decentralized applications (dApps) that can interact with any blockchain, even those without smart contracts like Bitcoin. InfStones is providing ZetaChain with Fast API and Power Node services, including setting up validator nodes for staking. This collaboration streamlines the development process and encourages innovation within the ZetaChain ecosystem. You can read more about it here.

Now Trending

Babylon Testnet Drives Bitcoin Staking Innovation with Major Updates and Strategic Partnerships

Babylon has recently achieved significant milestones with the launch of its innovative Bitcoin Staking Testnet, which is a major step in utilizing Bitcoin beyond its traditional roles. The testnet features a user-friendly web application dashboard that allows for Bitcoin staking to enhance the security of PoS systems and includes timestamping services that improve security across IBC-compatible chains. Within just 48 hours of its launch, the testnet attracted 100,000 stakers and successfully integrated over 60 finality providers, demonstrating its critical role in promoting a decentralized future. The development team has made substantial progress in enhancing testnet stability, optimizing performance, and providing robust documentation and tools to improve the developer experience. Babylon's ecosystem has expanded through collaborations with more than a dozen blockchain projects to develop innovative solutions such as liquid restaking tokens. Moreover, Babylon has secured a significant $70 million investment in a recent funding round, underscoring the support and confidence of the blockchain community, including InfStones, which proudly supports Babylon as it pioneers the future of Bitcoin staking and enhances blockchain security.

Swell Preps for Major Leap with Swell L2 Pre-Launch Deposits

Swell is set to launch Swell L2, a new layer for restaking, which promises to bring enhanced security and efficiency to decentralized networks. In preparation, Swell has opened pre-launch deposits, offering enticing rewards like multiple airdrops and continued native points for depositors. This strategic move is expected to bolster Swell's already significant presence in the restaking domain, providing a robust platform for future ecosystem growth. As one of Swell's main partner networks, InfStones is deeply committed to supporting Swell L2. We are excited about the potential of Swell L2 to further secure and expand the capabilities of decentralized applications across the blockchain.

Naver Pay and Chiliz Forge Strategic Partnership to Boost Global Fan Engagement

Naver Pay, a prominent South Korean digital payment platform, has teamed up with Chiliz, the blockchain powerhouse behind fan engagement in sports. This strategic alliance is set to transform fan interactions worldwide by integrating Chiliz's Fan Token technology into Naver Pay's extensive payment network. With both companies focusing on leveraging blockchain to enhance user experience and engagement, this partnership marks a significant milestone in merging fintech with sports entertainment. Chiliz continues to expand its footprint in the global sports arena, adding this collaboration to its impressive portfolio. As a proud partner of Chiliz, InfStones is dedicated to supporting their efforts in pioneering blockchain-based fan engagement solutions.