Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEImagine managing a million-dollar investment fund stored in a cryptocurrency wallet. Everything runs smoothly until a single mistake—clicking a phishing link, visiting a malicious website, or falling victim to an undiscovered exploit—allows hackers to drain the wallet. Just like that, the assets are gone forever.This nightmare scenario has played out in several high-profile crypto thefts, including the Japan-based exchange Coincheck in 2018, the Ronin Network in 2022, and most recently, the Bybit exchange in February 2025. While the causes of these breaches varied—ranging from private key compromises to smart contract exploits—they all underscore the importance of multiple security layers in Web3.One of these protections is the so-called “multi-sig wallet,” which requires more than one person’s signature, via their private key, to authorize a crypto transaction.A cryptocurrency wallet lets users store, send, and receive crypto by managing their private and public keys. When making a transaction, the user, via the wallet, signs it with a private key, proving ownership before broadcasting it to the blockchain for validation

Mavryk Dynamics, a developer of a layer-1 RWA network, secured $5 million in funding led by Ghaf Capital, Big Brain, MetaVest Capital, Cluster Capital, Collective Ventures, and Atlas Funds, with five other VC funds participating. Mavryk is creating an RWA tokenization platform to bridge traditional and decentralized finance, boasting over $360 million in RWAs. The RWA market has grown to $17.9 billion as of early March, according to RWA.xyz.

The integration combines Syndicate's onchain sequencing network with Alchemy's comprehensive rollup infrastructure, enabling developers to build rollups that can be scaled and progressively decentralized to their communitiesSAN FRANCISCO, Feb. 4, 2025 /PRNewswire/ -- Alchemy , the world's leading onchain developer platform, today announces its partnership with Syndicate , a developer of infrastructure enabling community-owned rollups. The integration combines Syndicate's onchain sequencing network and infrastructure with Alchemy's rollup infrastructure to enable organizations to deploy scalable community-owned rollups with enterprise-grade throughput, reliability, and customization options.As part of the partnership Alchemy and Syndicate are also launching a joint accelerator program offering strategic advisory, technical resources, and free credits to teams building rollups. Both companies' technical teams will work directly with selected participants to ideate and launch their rollups, with an emphasis on technical mentoring, chain and sequencer customization."With rollup adoption accelerating, scaling infrastructure is one of the biggest challenges organizations face," said Nikil Viswanathan , co-founder and CEO of Alchemy. "We're thrilled to expand our offerings through this partnership with Syndicate, making it easier for developers to launch their own rollup that can scale and progressively decentralize to their communities. This partnership will give onchain builders the infrastructure and performance they need to confidently build mainstream apps and networks that users want and need."The path to scaling Ethereum lies in reliable rollup and sequencer infrastructure