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Solana’s Stablecoin Transfer Volume Drops Drastically Amid Scrutiny


According to stablecoin transfer volume metrics divided by blockchain, Solana’s daily transfer volume has decreased from a range of $75 billion to $100 billion daily to around $7 billion daily. Additionally, a crypto advocate expressed doubts about the legitimacy of Solana’s previous...

Egyptian Fintech Startup Connect Money Secures $8 Million Seed Funding


Connect Money, an Egyptian fintech startup, recently secured $8 million in seed funding. The company plans to launch new business verticals using this investment. Connect Money aims to become the go-to platform for businesses seeking seamless banking services. Successful Capital Raise Demonstrates...

GMX formally introduces Chainlink data streams on Avalanche


GMX has been the initiator for introducing Chainlink data streams on Avalanche, utilizing data streams to boost its decentralized perpetual exchange. Chainlink data streams help pitch advanced high-output DeFi markets on Avalanche. The other players in this include Chainlink and Avalanche. ...

Chainlink Data Streams Activate on Avalanche Blockchain With GMX Integration


Chainlink, a decentralized computing and oracle protocol, Avalanche, known for its layer one (L1) blockchain technology, and GMX, a notable decentralized exchange, have launched Chainlink Data Streams on the Avalanche blockchain. Chainlink, Avalanche, GMX Launch Data Streams on Avalanche Blockchain...

State Street Partners With Galaxy Asset Management to Create New Crypto ETFs


State Street Global Advisors has partnered with Galaxy Asset Management to provide advanced digital asset-based strategies, expanding investor access to the digital asset ecosystem beyond cryptocurrencies and bitcoin. “We believe we are in a strong position to make digital assets more...

Marathon Digital Expands Mining Operations to Include Kaspa


Marathon Digital Holdings Inc. has diversified its mining activities by adding kaspa (KAS), a proof-of-work digital asset, to its portfolio. The initiative has already yielded significant results, with the company mining 93 million KAS, valued at approximately $15 million as of June 25, 2024....

Who Draws the Lines? The Case for Decentralized Map Making


Today, a small group of cartography companies control the world’s maps. What if there was a way of creating an open-source system where on-the-ground mappers were incentivized to participate? Hivemapper CEO Ariel Seidman outlines the argument

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