Swell enhances transparency with Chainlink Proof of Reserve


Swell incorporates Chainlink Proof of Reserve (PoR) on Ethereum to offer on-chain clarity revolving around the reserves related to rswETH, a liquid staking token. Additionally, Chainlink will support Swell L2, a forthcoming Layer 2 meant for restaking with Chainlink CCIP. These incorporations help...

VeChain unveils new developer SDK to boost Web3 adoption


Vechain, based in San Marino, Europe, oversees VechainThor, a leading smart contract platform driving the real-world adoption of blockchain technology. The company unveiled its latest Software Development Kit (SDK) on April 8th. VeChain emphasized that the SDK aimed to facilitate its global shift...

Toncoin surpasses Cardano amid IPO rumors


Toncoin, or TON, has surpassed Cardano’s ADA regarding market capitalization. There are several factors that have acted as catalysts in this endeavor – IPO speculation, adoption, and network expansion, to mention a few. On the other hand, Cardano has suffered heavily from the constant...

Hong Kong Likely to Approve Spot Bitcoin ETFs Next Week: Reuters


Hong Kong regulators are likely to approve the first set of applications for spot bitcoin exchange-traded funds next week, making it possible that the products could be ready for an April launch, Reuters reported on Wednesday, citing two people familiar with the matter

Ripple’s XRP stablecoin encounters massive headwinds ahead


Ripple recently announced that it is planning to enter the stablecoin industry. Given its 33 billion dollar market cap, the news made waves across the market. While the announcement was perceived positively, it also came with a silent admission that XRP was not meeting the payment industry...

Fantom soars by 8% after validator launch on Sonic Tech


FTM by Fantom has been up by 5.94% in the last 24 hours and is listed at $1.02 at the time of drafting this article. The news that Sonic Tech’s first validator has gone live is what’s fueling this spike. The update marked an 8% uptick in the initial moments, taking the price as high...

Sapien AI Raises $5M for Blockchain Data Labeling Platform


Artificial intelligence firm Sapien AI has raised $5 million in a seed funding round with participation from Primitive Ventures, Animoca Ventures, Ravikant Capital, and Yield Guild Games. The post Sapien AI Raises $5M for Blockchain Data Labeling Platform appeared first on Cryptonews

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