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Chainlink CCIP presently activated on Gnosis


Chainlink CCIP, a benchmark for blockchain interoperability services, will offer builders on Gnosis safe and user-friendly connectivity for creating applications with various facilities. These include the exchanging of messages, as well as the shifting of tokens and facilitating activities...

Cardano’s slight recovery brings optimism ahead of Chang Hard Fork


Cardano is preparing for the Chang Hard Fork upgrade. It is slated to happen by the end of this month, that is, June 2024. Once live, the upgrade will essentially strengthen the decentralized nature of the governance model of Cardano. It will do so with the implementation of CIP-1694. Also,...

Retailers in South Korea withdrawing NFT related activities


Big time players in South Korea’s retailing sector are pulling down the shutters regarding their non-fungible token (NFT) related activities. These include brands such as Hyundai and Lotte, which is withdrawing its e-commerce wing, Lotte Home Shopping, an NFT trade platform.    It has been only...

Ripple & Archax drive millions in assets to XRP Ledger


XRPLApex 2024, Amsterdam—A major development for growth and progress in the field of enterprise blockchain and cryptocurrency, Ripple has announced a partnership with Archax, which is the first digital asset exchange broker and the custodian to be regulated by the Financial Conduct Authority in...

Pyth network positions its oracle solutions on IOTA EVM


Pyth network has positioned its oracle solutions on IOTA EVM to enhance oracle’s ability to introduce real-time data on-chain, from external sources and prepare them to be utilized within smart contracts.  Pyth network is oracle based, intending to offer a smooth and convenient service...

Bitfarms deploys “Poison Pill” to block Riot Platforms takeover


The Chief Executive Officer of Riot Platforms, Jason Les, has criticized Bitfarms’ move to block share purchases. Bitfarms has said it is potentially a hostile takeover, while Riot has defended its move by saying that its poison pill plan falls outside the traditional business norms....

Solana Labs transforms brand loyalty with Bond launch


A prominent player in the blockchain industry, Solana Labs, has officially introduced Bond, an innovative platform that can improve brand-customer engagement. Bond leverages blockchain technology to enable global brands to create personalized, transparent, and immersive digital experiences that...

IO.NET ($IO) soars 47% in 24 hours after Binance listing


IO.NET, a new decentralized GPU network that provides computing power to its users, launched its Native Token, $IO, which quickly became popular among users. The token has a market cap of $578M and was launched on Mainnet on June 11th.  Investors gained 47% in only 24 hours. On June...

Bitcoin market shows resilience despite miner capitulation


Bitcoin Halving happened a couple of months ago. It reduced the supply of Bitcoin ($BTC). Thereby making the token expensive for the community and reducing mining requirements for miners. Also, the Halving event slashed rewards for miners to bring down their profitability. This led to miner...

DOMANI connects with Chainlink CCIP, and price feeds


DOMANI adopts Chainlink CCIP and price feeds to initiate cross-chain bridging of their DEXTF token, allow calculated transformations, and exhibit USD value balances. Chainlink will be responsible for releasing institutional use cases for their protocol.  DOMANI, on its part, is...

Circle advances its Web3 solutions to assist Solana blockchain


Circle has advanced its platter of Web3 solutions for the benefit of the Solana blockchain and is creating an all-inclusive platform for developing and introducing on-chain applications targeting builders and various business verticals. Beginning with programmable wallets and gas hubs on Solana...

Zimbabwe seeks public input to shape crypto regulations


In a news release by Bloomberg, Zimbabwe has declared its agenda to embark on consultation on the functioning of cryptoassets. This move comes when the government puts measures to regulate this sector. In a statement published in the state-owned Herald Newspaper, all players in the cryptocurrency...

Co-Creator of Ethereum thrilled with layer 2 protocol OP mainnet


The Co-Creator of Ethereum, Vitalik Buterin, is thrilled with layer 2 protocol OP mainnet and considers it a significant landmark. He used the occasion to showcase the many success stories of Ethereum’s upgrading services.  OP Labs, the firm responsible for building the Optimism protocol,...

Lido announces a partnership with Mellow Finance


Lido has announced a partnership with Mellow Finance. The objective is to provide the holders of staked ETH (stETH) access to advanced DeFi vaults. The partnership also includes an association with Symbiotic. The partnership aligns with Lido’s mission to enter the Ethereum restaking space...

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