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Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion
27.3.2024
Coinbase has announced plans to increase the storage of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution incubated by the exchange and built on the open-source OP Stack.
The post Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion appeared first...
Alchemy Pay and Polyhedra Network Announce Upcoming Collaboration for Seamless Ramp Solution
27.3.2024
PRESS RELEASE. Alchemy Pay has announced that it has entered into a partnership with Polyhedra Network, a Web3 ZK infrastructure provider that aims to revolutionize interoperability and scalability through Zero-knowledge (ZK) proof technology. Through this collaboration, Alchemy Pay will integrate...
Swift Paves the Way for CBDC Integration in Cross-Border Transactions with Interlinking Solution
26.3.2024
For its central bank digital currency (CBDC) interlinking solution, Swift has made public the outcomes of its second round of industry-wide sandbox testing. The findings indicate that financial institutions can easily integrate CBDCs and other digital tokens into their business practices and...
Blockchain Games Firm Sequence, Google Cloud Partner to Bring Web3 Gaming to Cloud
20.3.2024
Sequence aims to remove the complexity of Web3 technology by offering its full-stack gaming solution to Google Cloud customers.
The post Blockchain Games Firm Sequence, Google Cloud Partner to Bring Web3 Gaming to Cloud appeared first on Cryptonews
Jimmy Zhao, Senior Solution Architect at BNB Chain, on DeFi, AI, DePIN, Fully On-Chain Gaming, and One BNB | Ep. 318
19.3.2024
Jimmy Zhao talks about BNB Chain and Binance being separate entities, different layers of BNB Chain coming into a unified platform, shifting to fully on-chain models, bringing 15x lower fees, plans for more Layer-2 innovations, AI and DePIN projects the team's working with, and their focus...
Is It Too Late to Buy Toncoin? TON Rallies with 347M Volume, Eyes on Next Rising Coin
14.3.2024
Toncoin (TON) rose 59% over the last seven days and posted a hefty $347 million in 24-hour trading volume, according to data by CoinGecko. TON is the native coin powering a decentralized file sharing and data storage solution protocol called TON Storage. It launched on The Open Network (TON)...
Is It Too Late to Buy Avalanche? AVAX Price Soars 19% with Spotlight on Upcoming Green ICO as Next Big Thing
13.3.2024
Developer-oriented layer-1 solution Avalanche price has seen its AVAX token soar +19% as Bitcoin pushes new highs. This article will provide an analysis of AVAX’s current price trends and look to see whether an innovative DEPIN crypto, eTukTuk, represents a more promising investment opportunity...
Eclipse Labs Raises $50M for Blockchain Scaling Solution Ahead of Mainnet Launch
11.3.2024
Eclipse Labs, a multilayered blockchain builder, has raised $50 million in funding to fuel the launch of its innovative solution for scaling the Ethereum network. The announcement was made on March 11 via the X (formerly Twitter) handle, just weeks before the highly anticipated mainnet launch.
The...
Virtual Smartphone App Aphone on Solana Revives Old Devices in Emerging Markets
8.3.2024
A novel Aphone app running on Solana's blockchain brings Web3 applications and powerful tools to resource-limited devices. This virtual smartphone solution uses decentralized cloud infrastructure and focuses on users in developing economies where older smartphones are prevalent.
The post Virtual...
Starknet Surges Despite Market Crash: STRK Up 24% Amid Scotty the AI’s $2.5M Milestone – Time to Buy?
6.3.2024
As wild Bitcoin price action fuels explosive market moves, promising ZK-rollup solution Starknet has seen STRK price surge up +24%. This article will provide an analysis of STRK’s current price trends and look to see whether a newer AI coin, SCOTTY, represents a more promising investment...
DeFi Exploits in February Cause Losses of $82 Million With Just $1.3 Million Recovered: Report
1.3.2024
A report sent to Cryptonews by web3 app and antivirus solution De.Fi noted that $82,287,101 was lost in February 2024 from security incidents, with just $1,325,932 recovered.
The post DeFi Exploits in February Cause Losses of $82 Million With Just $1.3 Million Recovered: Report appeared first...
Arbitrum and Robinhood Partnership Ushers in New Era for Decentralized Finance Swaps
1.3.2024
Ethereum scaling solution Arbitrum has partnered up with trading app giant Robinhood to announce a new token swap integration in Robinhood’s self-custody wallet. The companies made the joint announcement yesterday at the ETHDenver conference. The new integration lets Robinhood Wallet users...
Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution
28.2.2024
Polygon-backed Humanity Protocol has secured strategic investments from over 20 crypto venture capital firms for its privacy-centric Web3 identity solution.
The post Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution appeared first on Cryptonews
Oscar-Winner Shane Boris to Produce Crypto Film Funded by Arbitrum Foundation
22.2.2024
The foundation supporting Ethereum scaling solution Arbitrum is financing a feature film about crypto by Oscar winner Shane Norris. The film, dubbed “New Here” will be produced by crypto-friendly emerging media company Dpop studios. It will examine digital art from the perspective of...
Is Optimism About to Crash? OP Price Plunges 10% as Spotlight Swivels to New Challenger Coin
22.2.2024
Leading Ethereum-scaling solution Optimism (OP) is stirring panic amongst holders due to a 10% price plunge over the past 24 hours. This article will provide an analysis of OP’s current price trends and look to see whether a newer meme coin represents a more promising opportunity at this time....
TRON announces its new Bitcoin Layer 2 Solution and roadmap
16.2.2024
TRON recently announced its new Bitcoin Layer 2 solution and roadmap on X/Twitter. The solution will decentralize and intertwine various tokens on the TRON network. The tokens will include stablecoins, merging TRON with the BTC network, and related L2s, like Bitcoin Ordinals. The integration will...
Privacy not compromised in tokenized KYC Solution for Web3
14.2.2024
The IOTA Foundation has created a mechanism for certifying Web3 users while protecting their privacy. The entire identification procedure is tokenized, giving users the ability to authenticate their identity in Web3 apps. Walt.id, IDnow, Bloom Wallet, and SPYCE.5 all provided assistance to the IOTA...
Fordefi Raises $10 Million from Electric Capital, Paxos to Make Retail Wallets Safer
13.2.2024
Crypto wallet provider Fordefi announced today via press release that it has raised $10 million in funding to help bring its institutional-grade crypto wallet to retail platforms. In other words, the company wants to develop its user-owned self custody wallet-as-a-service (WaaS) solution...
IOTA and Partners Develop KYC Solution That Incorporates Tokenization + More Crypto News
13.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news edition: IOTA & Partners Develop KYC Solution That Incorporates Tokenization WisdomTree Reports AUM Hitting Record High For 3rd Consecutive...
As the Blockchain Industry Loses Billions Annually to MEV, the Solution Is Staring Us in the Face — Neo Founder Da Hongfei
13.2.2024
Imagine the scene: You’re sitting at the card table, and every hand you’re dealt is terrible. But the cards never get better; the dealer has full sight of the deck and sets the order of the cards before they’re played. The dealer always wins. The following opinion editorial was written by...