Bitcoin’s rally to nearly $28,000 this week was short-lived. On Thursday, the top crypto asset fell back to $26,300, which was roughly its level before the pump. This price dump has triggered $103.58 million in liquidations over the past 24 hours, including $3.12 million liquidation on Bybit. In total, over 34,700 traders were liquidated by […]
Robinhood, the commission-free trading app with 23 million users, has recently introduced in-app swaps for Ethereum and Polygon, as well as allowing users to hold, send, and accept Bitcoin and Dogecoin. The platform is aiming to bridge the gap between traditional financial services and decentralized finance (DeFi) by offering users access to decentralized apps and […]
The Society for Worldwide Interbank Financial Telecommunications (SWIFT) has announced a successful integration with Chainlink (LINK). The international entity has been experimenting with both private and public blockchain networks, and has now revealed the progress of its efforts.SWIFT claims that its infrastructure can “seamlessly” integrate with blockchain technology to enable users to transfer “tokenized value” […]
Veloce Media Group, a multi-pillared gaming and sports media group based in London, is launching its governance and utility token, VEXT, exclusively on ByBit, one of the global top leading exchanges. VEXT will empower holders to become part of the Veloce ecosystem and have further influence, integration and rewards over decentralized assets within the Veloce […]
The Pi Network, a mobile-based crypto mining platform, has invited developers to join its ecosystem and build new applications. The team stated that developers would have access to the network’s extensive user base of 47 million and would be able to onboard easily without needing blockchain and crypto-specific programming language or experience. The project also […]
Nexo, a digital assets industry, has recently rolled out the Dual Mode functionality on its signature Nexo Card. This feature allows users to switch between debit and credit modes easily using the Nexo app, providing spending adaptability and integrating digital currency into traditional financial operations. The Nexo Card is accepted by over 100 million merchants […]
The CEO of BlackRock, Larry Fink, recently spoke up about Bitcoin on the world stage. He believes that Bitcoin is an international asset that can be used as an alternative to investing in gold as a hedge against inflation, the problems of any one country, or the devaluation of a currency. He believes that Bitcoin […]
ChainLight, a blockchain security and smart contract audit company, has announced the deployment of its updated Relic Protocol v2 on zkSync Era, a zk-Rollup platform. This move is designed to provide developers with a trustless and efficient channel to Ethereum’s expansive historical data.The reliance of Ethereum smart contracts on third-party data has been a point […]
Fidelity, a $4.5 trillion asset manager, recently published a study about Ethereum. The report claims that the value of Ethereum is tied to network usage, and that increased adoption of the Ethereum network could lead to an increase in the price of ether. The report also discussed Ethereum’s deflationary properties since introducing the EIP 1559 […]
Swift, a global provider of secure financial messaging services, has recently conducted groundbreaking experiments to demonstrate its ability to enable seamless transfers of tokenized value across a diverse range of public and private blockchains. This collaboration with leading financial institutions and market infrastructure players has the potential to reduce operational challenges and financial investments required […]
