Swift Facilitates Blockchain Interoperability Tests with Financial Institutions

Swift, a global financial messaging network, has successfully conducted a variety of blockchain interoperability tests with multiple financial institutions such as Citi, SIX Digital Exchange (SDX), BNP Paribas, and BNY Mellon. The tests were conducted using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This is part of Swift’s strategy to ensure secure, global interoperability as new technologies […]

Bitcoin Dumps to $25,700 as SEC Delays ETF Decision

Bitcoin had a turbulent week, with prices surging after Grayscale’s legal victory against the SEC on Tuesday, only to lose all those gains after the regulator delayed a decision on approving seven spot Bitcoin ETFs on Thursday. The dominant cryptocurrency is currently trading at $25,798, down 0.8% in the past 24 hours.The bearish trend is […]

Dogecoin Price Drops 0.84%, Wall Street Memes ICO Raises $26 Million

Dogecoin (DOGE) is currently trading at $0.063423 USD, with a 24-hour trading volume of $224,697,203 USD. It is ranked #8 on CoinMarketCap, with a live market capitalization of USD 8,932,585,099. Despite a slight decrease of 0.84% in the past 24 hours, Dogecoin continues to capture the attention of crypto enthusiasts worldwide.Wall Street Memes is a […]

Sonik Coin Set to Spark New Meme Coin Craze on Uniswap Launch; 6 Days Left for Low-Price Purchases

Sonik Coin, a new meme coin, is set to be listed on Uniswap next week and is projected to spark a new craze in the crypto space. The presale of Sonik Coin is nearing its final three days and has already secured over $1 million, nearing its $2 million target. The coin is valued at […]

CyberConnect (CYBER) Reaches All-Time High Amid Binance Promotion

CyberConnect (CYBER) has seen a remarkable increase in its native asset, with CYBER reaching an all-time high of $15.36 on Friday. This is a 308.9% increase from one week ago, and a 77% increase in the past 24 hours. The project aims to enable developers to create social apps where users own their digital identities […]

FTX Moves $10 Million in Altcoins Amid Bankruptcy Proceedings

FTX, a collapsed crypto exchange, has moved almost $10 million in altcoins from Solana to Ethereum since Aug. 31 for undisclosed reasons. The tokens include LINK, SUSHI, LUNA, and YFI, and the transfers were conducted through Wormhole Bridge. It is unclear if the transfers are connected to the exchange’s bankruptcy proceedings or its recent request […]

Western Union Adopts Ripple’s Blockchain Technology and XRP Token

Western Union, a global leader in money transfer services, has announced its adoption of Ripple’s blockchain technology and XRP token. This partnership is set to revolutionize the way Western Union handles cross-border payments by leveraging the advantages of blockchain and digital assets. RippleNet, Ripple’s proprietary blockchain platform, is renowned for its low-cost, fast, and reliable […]

SEC Delays Decision on Bitcoin ETFs Until October

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the approval of spot-based Bitcoin (BTC) exchange-traded funds (ETFs) until October. This includes bids from financial firms Invesco, WisdomTree and Valkyrie. A Bitcoin ETF would give investors exposure to the crypto asset through brokerages, much like precious metals such as gold and silver. […]

GSR and Standard Custody Partner to Provide Secure Escrow Services

GSR Markets Limited (“GSR”), a Ripple partner and leading digital asset liquidity provider and trading firm, has partnered with Standard Custody & Trust Company, LLC (“Standard Custody”), a New York Department of Financial Services regulated limited purpose trust company and qualified custodian. The partnership seeks to provide secure settlement and escrow services to its client […]

Crypto Projects Lose $23.4 Million to Hackers and Fraudsters in August

Immunefi, a security services platform that offers protection against Web3 bugs, estimated that hackers and fraudsters have drained approximately $23.4 million worth of digital assets from crypto projects in August. This figure is 92% less than the recorded losses in July when wrongdoers siphoned over $320 million. According to Immunefi, the exact losses that crypto […]