Wormhole, the popular cross-chain protocol, has constantly been in the news for various reasons. Recent announcements indicate that Wormhole's token, known as W, has built momentum within a horizontal zone, leading to speculation that a breakout could be imminent. The importance of Wormhole in the crypto space is underscored as Tenstorrent launches Wormhole AI Processors. They are reportedly capable of 466 FP8 TFLOPS at a power usage of 300W, highlighting the protocol's constant push towards innovation and practical application in processing technology. An additional footprint in the financial sector has been marked by Securitize, a tokenization platform, choosing Wormhole for multi-chain RWA tokens. Wormholeβs W token has been airdropped to dedicated users, sparking controversy due to some NFT holders missing out on the $900m tokens. The latest development includes a partnership between chipmaker AMD and Wormhole to increase the performance on the multi-blockchain application. This latest collaboration indicates Wormholeβs determination to enhance 'light client' proofs on an interoperability platform.
Wormhole News Analytics from Wed, 10 Jan 2024 03:17:27 GMT to Wed, 27 Nov 2024 15:41:23 GMT -
Rating 8
- Innovation 9
- Information 7
- Rumor 8