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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

Folks Finance announces the launch of Algorand Liquid Staking


Folks Finance has, through a blog post, announced its plans to launch the Algorand Liquid Staking Protocol xALGO. It will be the primary Liquid Staking protocol for ALGO, with a core focus on providing flexible and simple access to rewards distributed to node runners who participate in Algorand...

US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains


U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack with a $19 million increase. Modest Inflows for Bitcoin ETFs on Thursday With Fidelity’s FBTC Leading...

Vaneck Seeks SEC Approval for Solana-Based ETF


In a significant expansion of its cryptocurrency offerings, Vaneck has announced the filing of the first U.S. exchange-traded fund (ETF) focused on Solana. This move marks a strategic enhancement of Vaneck’s digital asset products, according to Matthew Sigel, head of digital asset research....

NodeKit Partners with Polygon for enhanced Blockchain interoperability


An exclusive association has been formed between NodeKit and Polygon, which will improve the flexibility factor throughout multiple Blockchain networks. This will result in an uninterrupted and incorporated Web3 scenario. Here, the name of the game is interoperability.  NodeKit plays an integral...

Despite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog


Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close to clearing since October 2023. Bitcoin’s...

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