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Abra Launches Digital Assets Treasury Solutions Amid Rising Crypto Demand


Abra, a digital asset platform, has introduced Abra Treasury, providing customized digital asset treasury solutions. The service targets corporations, family offices, and non-profits. Abra Treasury, operated by Abra Capital Management LP, aims to offer an integrated suite of services including...

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...

Helium mobile forges a collaboration with LongFi solutions


Helium Mobile has created an exclusive partnership with LongFi Solutions to introduce its mobile network solutions to Oaxaca, Mexico. Prior to this, LongFi had been utilizing the Helium network for linking purposes. The co-founders of Helium, Jose Torres and Andrew Warshauer, along with LongFi’s...

Suku partners with Chainlink BUILD to expand Blockchain payment solutions


Suku links up with the Chainlink BUILD program for speeding up the expansion of the ecosystem and acceptance of blockchain related money transfers, internationally. This is made possible through receiving connectivity with Chainlink’s oracle solutions and technical backing. In return, SUku will...

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...

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...

An Introduction to Bitcoin Layer Two Solutions


Bitcoin, the pioneer of blockchain technology, has faced challenges as its adoption has grown. With its original design allowing only seven transactions per second, the network often struggles with scalability, leading to high fees and slower transaction times. To address these issues, Bitcoin...

Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions


Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available...

Bank of Israel Launches Digital Shekel Challenge


The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The initiative aims to foster the development of innovative...

Blockchain Technology Helps Enable Reusable KYC Solutions


Reusable KYC solutions are gaining traction and blockchain technology can ensure that users own their data and private information. The post Blockchain Technology Helps Enable Reusable KYC Solutions appeared first on Cryptonews

Ethereum meme tokens lead the surge: Social tokens and L2 solutions soar


The crypto sphere is changing nowadays, and most digital currencies’ prices are growing due to recent developments and measures. Based on the proposals that are up for approval, the U.S. SEC has locked down on staking for Ethereum (ETH) ETFs since it is defined as a security. Such clear...

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