Tagged: open source

General Catalyst Backs Chainguard to Scale Go-to-Market for Secure OSS

Open source startup Chainguard said it raised $280 million in growth financing from General Catalyst’s Customer Value Fund, adding to a rapid funding pace that includes an April Series D and brings its total secured in the past six months to $636 million, or $892… Read More

Uniswap Labs Trading API Enables Warden to Scale AI powered Trades

Warden, a platform leveraging artificial intelligence to enhance trading strategies, reported achieving a key milestone: scaling its AI-driven trading interface to support over 650,000 swaps across 14 blockchain networks in three weeks. This expansion was made possible via the Uniswap Labs Trading API, a tool… Read More

$500K Crypto Heist via Malicious Packages Targeting Cursor Users Uncovered by Kaspersky

Kaspersky GReAT (Global Research and Analysis Team) professionals have discovered open-source packages that download the Quasar backdoor and a stealer designed to exfiltrate cryptocurrency. The malicious packages are intended “for the Cursor development environment, which is based on Visual Studio Code — a tool used… Read More

World ID Privacy and Performance Now Enhanced with AMPC

AMPC, or anonymized multi-party computation, has launched.  It is the open source quantum secure multi-party computation (SMPC) setup from World that “anonymizes and securely protects the iris codes of orb-verified World ID holders.” It leverages NVIDIA H100 GPUs as the main compute platform “to enable… Read More

Google Wallet Adopts Zero-Knowledge Proofs (ZKPs) for Enhanced Privacy in Digital Identity Verification

In a step toward prioritizing user privacy, Google has announced the integration of zero-knowledge proof (ZKP) technology into its Google Wallet platform. This cryptographic solution aims to enhance digital identity verification by allowing users to prove specific attributes, such as age, without disclosing sensitive personal… Read More

Ethereum focused Open-Source Funding Platform Gitcoin to Close Primary Software Dev Unit

Gitcoin, an Ethereum-based platform for funding public goods and open-source projects, announced on Friday that it will close its primary software development arm, Gitcoin Labs. The decision reportedly stems from mounting financial pressures, with co-founder Kevin Owocki stating that achieving profitability for the unit was… Read More

Taurus Releases Open-Source Private Security Token for Banks

Taurus SA, a global enabler of digital asset infrastructure, is announcing the publication of an open-source confidential token standard for debt and equity tokenization in collaboration with the Aztec Foundation. This initiative marks a step forward in enabling FIs to issue tokenized versions of financial… Read More

Formance, an Open Source Financial Infrastructure Provider, Reports $21M Series A Round

Alexander Hamilton Money Dollars USD

Formance, an Open Source financial infrastructure provider, announced the close of a $21 million Series A funding round co-led by PayPal Ventures and Portage, with participation from Y Combinator, Hoxton Ventures, and AXC. This latest milestone reportedly comes on the heels of a “10x increase”… Read More

Divide Between Open-Source and Closed-Source AI Models Is Reshaping Tech Industry Dynamics – Report

With industry professionals divided in their approaches, CBInsights look at the winners and losers in the open-source vs. closed-source landscape and what enterprises “need to think about next for adoption.” As part of their series on the generative AI divide, CBInsights has examined many of… Read More

Bitcoin Infrastructure Tech Firm Blockstream Launches Open-Source Hardware Wallet

Blockstream, the global firm focused on Bitcoin infrastructure technology,  marked ‘Bitcoin Genesis Day’—the anniversary of Bitcoin’s first block mined on January 3, 2009—with the launch of its latest “fully-open source” hardware wallet: Blockstream Jade Plus. With a new design, enhanced usability, and advanced security features… Read More

Red Hat Assists Nationwide Building Society with Enhancing Digital CX Transformation

Red Hat, Inc., the provider of open source solutions, announced it has collaborated with Nationwide Building Society to build and scale its new Business Integration Platform (BIP) to improve customer engagement for 16 million members. Red Hat OpenShift, the hybrid cloud application platform powered by… Read More

Cybersecurity Firm Kaspersky Identifies Vulnerabilities in Open-Source Projects Suricata and FreeRDP

Kaspersky‘s security experts have found seven vulnerabilities in the widely used open-source projects Suricata and FreeRDP. Two of these vulnerabilities, CVE-2024-32664 and CVE-2024-32039, could “potentially allow attackers to execute arbitrary code on a vulnerable system, while others could enable unauthorized memory access.” These vulnerabilities were… Read More

Digital Assets: THORChain and DeFi Platform ShapeShift Announce Cross-Chain Staking Rewards Distribution

THORChain, an open-source protocol that enables the swap and settlement of cross-chain native crypto assets, and ShapeShift DAO, are pleased to showcase the recent launch of rFOX and Rune Pool as supporters of Rare Evo. ShapeShift DAO was reportedly the first major decentralized exchange (DEX)… Read More

OKX Ventures Announced As Founding Member of SOFA.org, an Open-Source and Non-Profit DAO

OKX‘s investment arm, OKX Ventures, announced that it has become a founding member of SOFA.org, an open-source and non-profit decentralized autonomous organization (DAO) focused on developing a DeFi ecosystem that facilitates atomic, blockchain-based settlements of financial assets. Through its collaboration with SOFA.org, they seek “to… Read More

AI Adoption: Zillow Is Providing Open-Source Tech to Enable “Fair” Housing in Artificial Intelligence enhanced Real Estate Conversations

Zillow (NASDAQ: Z and ZG) is releasing its open-source Fair Housing Classifier, which establishes guardrails to promote responsible and unbiased behavior in real estate conversations powered by large language model (LLM) technology. The Fair Housing Classifier acts as “a protective measure, to encourage more equitable… Read More

WorldCoin Update: World ID Verifications Now Available in Singapore via the Orb

After the launch of World ID 2.0 and the open sourcing of the Worldcoin iris recognition pipeline in mid December, World ID verifications are now “available in Singapore via the Orb, the project’s custom hardware device.” A full list of verification locations is available on… Read More

Blockchain Adoption: dYdX Chain has Launched, Bridging and Digital Assets Staking Now Supported

The dYdX Foundation is pleased to announce the open-sourcing of software for a Bridge User Interface that, if deployed, could “facilitate the conversion by users of ethDYDX to DYDX, the layer 1 (L1) token of the dYdX Chain.” Three significant developments have happened in the… Read More

DeFi Adoption: Neo Unveils Ethereum Virtual Machine (EVM) Compatible Sidechain

Neo, the open-source, community-driven blockchain platform, revealed that development is underway on a new EVM-compatible sidechain that will enable developers “to deploy smart contracts, and open the Neo ecosystem up to a wide range of trading-specific use cases such as DeFi.” As a separate blockchain… Read More

Fintech Open Source Foundation (FINOS) Announces Standards Describing Consistent Controls for Compliant Cloud Deployments

The Fintech Open Source Foundation (FINOS), the foundation of open innovation in financial services and part of The Linux Foundation, announced that FINOS Common Cloud Controls (FINOS CCC), “a set of open standards that describes consistent controls for compliant cloud deployments in the financial services… Read More

Circle Introduces Research Initiative to Support Open Source Development Across Crypto, Blockchain, Web3

Circle Research has been launched with a charter “to accelerate and amplify technical innovation within crypto, blockchain, and Web3 through open-source research.” Circle Research’s inaugural open-source contribution, Perimeter Protocol, “offers a new standard for building on-chain credit markets.” Open Source R&D At Circle, they claim… Read More

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