Polkadot is driving Trustlessness onchain with new innovative solutions. The protocol employs BEEFY, Snowbridge, and Hyperbridge to achieve its interoperability goals. Polkadot (DOT), a protocol that connects blockchains, requires secure bridges with external networks to thrive across the…
Hedera Facilitates Tokenization: abrdn’s Money-Market Funds Now Accessible in Token Form
Abbrdn, a $600 billion investment giant, has tokenised its USD, EUR and GBP money market funds in partnership with Archax exchange, all on the Hedera blockchain network. The UK firm says tokenisation is the future of asset management,…
Ernst & Young Adopts Polygon PoS for OpsChain Contract Manager, Eyes Ethereum Mainnet Migration
Ernst & Young launches the OpsChain Contract Manager utilizing Polygon PoS, aiming for enhanced contract management efficiency and cost-effectiveness. The crypto market shows diverse investment opportunities with varying levels of risk and potential return, with specific altcoins highlighted…
Bitcoin and BTC ETF News
XRPL DeFi boom as its AMM pool records an impressive growth from 277 to 316, pushing the locked XRP tokens from 1.8 million to 2.15 million. Analyst predicts that XRP could replicate its 942% run in 2021 to…
Ripple CEO Brad Garlinghouse remains committed to challenging the SEC’s stance on XRP to the Supreme Court. Legal battles over cryptocurrency regulations intensify, with potential implications for asset classification and industry standards. Following recent updates from CNF, Ripple’s…
Through USDC on the Polygon network, users can now send and receive money instantly around the world through SukuPay. This signifies the growing adoption of the Polygon network with real value being built around the ecosystem. Suku World,…
Ripple (XRP) News
Chainlink Labs and Cyfrin Forge Strategic Alliance for Enhanced Smart Contract Security
Chainlink has announced a new partnership with Cyfrin, a smart contracts audit and research firm, to offer users of its BUILD and SCALE programs private smart contract and protocol audits. Cyfrin will offer market-leading products, including competitive audits…
Cardano’s Potential Surge: Analyst Predicts ADA to Rise Above $3 Amidst Market Volatility
Cardano (ADA) has been predicted to follow a historical trend to break the longstanding resistance level at $1 once it holds within the price range of $0.45 and $0.50. Cardano’s ecosystem has generally been booming since last year…
Worldcoin is launching World Chain as a Layer 2 solution on Ethereum to enhance transaction efficiency and cater to a growing user base. Incorporates Proof of Personhood for secure and private user verification, offering incentives like WLD tokens…
Solana-based real estate investment platform Parcl has officially launched its native token. To reward early ecosystem adopters and important community members, a portion of the total supply would be available for them to claim before December 31, 2024.…
Shibarium, Shiba Inu’s layer-2 blockchain, sees massive adoption, adding over 375,000 wallets in three days, addressing Ethereum’s challenges. Shibarium’s transactions surged, hitting nearly one million in 24 hours, with a whopping 958,440 transactions, highlighting its growing ecosystem activity.…
Bitcoin Mining in Norway Facing Restrictions: Government Proposes Stricter Regulation
Norway’s new law regulates crypto mining due to environmental worries, aiming to align with global climate goals. The law targets data centers facilitating mining, reflecting Norway’s commitment to responsible digitalization. Norway’s government is making strides to introduce legislation…
Dogecoin (DOGE) has seen a mild uptick in its price as investor optimism returns. Analysts believe external events like the Bitcoin halving can help propel DOGE’s price. Dogecoin (DOGE) is demonstrating signs of resilience as it has increased…
FLock and io.net are in partnership to leverage decentralized computing systems. This alliance model related partnership going on in the blockchain-based AI world. Blockchain-based Artificial Intelligence (AI) training protocol FLock is advancing its foothold in the tech world…
BNB Chain’s revenue witnessed a decline following an impressive quarter-over-quarter surge, despite its efforts to support innovative dApps. BNB Coin’s weighted sentiment turned negative, indicating potential challenges for price recovery, while social dominance declined. As per the latest…
Ripple’s developers have proposed a new lending protocol native to the XRP Ledger (XRPL), aimed at enhancing DeFi functionalities and providing users with additional earning opportunities. The introduction of the XRPL-native lending protocol has generated significant excitement among…