July 17: TON Teleport BTC, a trustless bridge facilitating safe bitcoin (BTC) transfers to and from The Open Community (TON) blockchain, has launched. In accordance with a message from the TON Basis workforce: “This development enables BTC holders to securely engage in DeFi on TON and participate in decentralized exchanges (DEXs), lending platforms, and other applications. The TON Teleport BTC process is entirely trustless and transparent, operating without a centralized issuer. Each BTC on TON is 100% backed by actual BTC, pegged through the teleport process, ensuring secure and reliable transactions.” (TON)

July 17: IoTeX, an Ethereum suitable blockchain platform optimized for decentralized bodily infrastructure tasks (DePIN), is launching its 2.0 platform to democratize entry to DePIN by partnering with NEAR, Filecoin, RISC Zero, Espresso and extra, “to enhance data availability, storage, computation and sequencing,” in accordance with the workforce: “IoTeX 2.0 features DePIN Infrastructure Modules (DIMs) and Modularity Security Pool (MSP) to cut development costs and support sustainable growth for DePIN projects, positioning itself as the largest decentralized hub for devices and data that will be deployed by both humans and AI agents.” In accordance with a press release: “The introduction of Modularity Security Pool (MSP) enables DePIN layer-1s to restake their Proof-of-Stake security to DIMs, fueling growth and fostering sustainability within the ecosystem.”

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