Finance Redefined: 1Password partners with Phantom, and Stark deploys nine DApps, Feb. 18–25
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.
In the aftermath of concerning political situations this week, the markets reacted strongly to the downside, but some assets attempted a recovery to end the week positively.
Digital security platform 1Password announced a joint partnership with Phantom Wallet this week to grant asset holders the ability to consolidate their lists of public key addresses, seed phrases and other corresponding security details into a single “Save in 1Password” system.
Operating primarily in the traditional financial sector at this time, 1Password has over 100,000 corporate clients from a panoply of industries, including well-recognized brands such as IBM, Slack, Shopify and Under Armour.
1Password’s flagship service, an application programming interface, aims to simplify the user experience by enabling asset sovereignty and independent portfolio responsibility to help investors sufficiently manage cryptocurrencies and nonfungible tokens held on the Solana blockchain.
Cointelegraph spoke to Matt O’Leary, VP of partnerships at 1Password, for a detailed assessment on the subject of security, as well as whether the prevalence of hacks and exploits in the decentralized finance space has catalyzed demand necessity and subsequent innovation for security solutions such as 1Password.
Layer-2 scaling solution StarkNet, well-known for its Ethereum protocol service StarkWare, announced the deployment of its first series of decentralized applications (DApp) this week.
The DApps are focused across a range of sectors, including an ERC-721 nonfungible token project called Mallows, a real-time price chart also from the Mallows team, as well as a Cairo-multisig contract, among
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