Welcome to the InfStones' September newsletter. This was a busy month filled with significant events and we're thrilled to keep you in the loop with our latest company updates.
Here's a rundown of the key happenings within our company and the industry:
InfStones at Permissionless II 2023: Join Us in Austin, TX!
We are proud to announce that InfStones will be participating in Permissionless II 2023! Hosted by Blockworks, it is the largest DeFi event and we will be joining over 7000 crypto enthusiasts and builders this September 11-13th in Austin, TX. This 3-day experience will be filled with curated panels, networking events, keynotes from Web3 leaders and more!
As a gold sponsor of the event, our team is very excited to be back in Austin. Make sure to visit our team over at Booth 1126 as they will be happy to share ideas, network and connect with you, plus you get your very own InfStones T-Shirt! Our Director of Business Development, Global, Sili and our Director of Sales, Global, Parker will be in attendance so keep an eye out for them.
We can't wait to meet you! Visit us at Booth 1126 and let's connect. We look forward to seeing you there!
ARPA and InfStones: A Partnership for a Secure Blockchain Future
InfStones, a global leader in blockchain infrastructure, has joined forces with ARPA, a pioneer in decentralized secure computation, to serve as its strategic node partner. This collaboration aims to bolster the ARPA network's versatility, reliability, and interlinking capabilities while advancing a secure and privacy-focused ecosystem. InfStones' extensive experience in node operation, staking services, and cloud management will play a pivotal role in enhancing ARPA's network efficiency and stability.
Read the full collaboration article here.
InfStones Validates Burnt's Vision for Web3 Evolution
InfStones, a leading blockchain infrastructure provider, has joined forces with Burnt, a pioneering force evolving the future of Web3 with the introduction of XION. As part of this groundbreaking collaboration, InfStones will act as both an infrastructure provider and a validator, bolstering stability, security, and scalability for Burnt's state-of-the-art XION blockchain. The partnership aims to advance the Web3 space by providing dedicated API setup, automated scaling, and seamless maintenance, allowing Burnt to focus on its coremission.
Read the full collaboration article here.
Grayscale's Court Win Adds Hope for Pending Bitcoin ETF Approvals
In a landmark ruling, Grayscale triumphed over the SEC, reinvigorating hopes for pending Bitcoin ETF approvals from firms like WisdomTree, Valkyrie, and Invesco. The U.S. Court of Appeals DC Circuit criticized the SEC's "arbitrary and capricious" denial, compelling a reevaluation of Grayscale's Bitcoin Trust conversion to an ETF. This pivotal decision not only adds judicial scrutiny to the SEC's actions but also boosts optimism for bridging crypto markets with traditional financial systems. With Bloomberg Intelligence analysts recently upping the odds of spot Bitcoin ETF approval to 75% by year-end, the crypto industry, including InfStones, is bullish on the future.
Cosmos Hub Poised to Revolutionize Liquid Staking
The Cosmos Hub community is on the brink of a game-changing software upgrade as it overwhelmingly votes in favor of the Liquid Staking Module (LSM). This revolutionary feature aims to replace existing staking protocols, promising to unlock millions in ATOM tokens for DeFi projects across the Cosmos ecosystem. The LSM not only shortens the 21-day unbonding period to instant liquidity for 25% of staked ATOM but also introduces a "validator bond" security measure, minimizing risks like validator corruption. Riley Edmunds of Stride Labs, an InfStones partner, highlights that the LSM will drastically cut both the cost and time associated with staking, marking it as a win-win for liquidity and security.
InfStones is an advanced, enterprise-grade Platform as a Service (PaaS) blockchain infrastructure provider trusted by the top blockchain companies in the world. InfStones’ AI-based infrastructure provides developers worldwide with a rugged, powerful node management platform alongside an easy-to-use API. With over 20,000 nodes supported on over 80 blockchains, InfStones gives developers all the control they need - reliability, speed, efficiency, security, and scalability - for cross-chain DeFi, NFT, GameFi, and decentralized application development.
InfStones is trusted by the biggest blockchain companies in the world including Binance, CoinList, BitGo, OKX, Chainlink, Polygon, Harmony, and KuCoin, among a hundred other customers. InfStones is dedicated to developing the next evolution of a better world through limitless Web3 innovation.