Tag: Coinweb

Coinweb, a layer-2 protocol unifying blockchain’s interoperability, announced the success of integrating four more chains into its expandable blockchain infrastructure. Prior to BNB, Polygon, MultiversX (formerly known as Elrond) and Kujira; Bitcoin, Bitcoin Cash, Litecoin and Ethereum were already part of Coinweb’s underlying networks. To date, Coinweb has executed over 4 million transactions since December 2020, and is responsible for an average of 0.3% of all daily transactions being broadcast to the BNB chain in March 2023.With these current eight blockchains integrated, Coinweb continues to prove its bold statement of enabling dApps built on top of Coinweb to take advantage ... Read more

SAVA Investment Management, a licensed fund manager registered in the Cayman Islands and British Virgin Islands, has partnered with Coinweb to buy back 6% of the total supply of CWEB tokens.Johan Ditz Lemche, Managing Director of SAVA Investment Management, said, “We are delighted to support and invest in Coinweb. The project has shown tremendous progress in its technology and well-developed business strategy. We recognise Coinweb’s resilience and dedication to innovation within the current environment of the digital asset space.” Toby Gilbert, CEO & Co-Founder, expressed his satisfaction with the partnership and explained that the tokens will be used for continued ... Read more