Category Archive: Cryptocurrency, No picture
What is chain abstraction? Here’s how this idea helps simplify blockchain for everyone
Key Takeaways Chain abstraction simplifies managing multiple blockchain networks. It addresses usability issues by unifying user interfaces and transactions. Share this article Chain abstraction here, chain abstraction there. You’ve probably heard it by now when people talk about “Web3 UX” and other such cool-sounding words and ideas. Well, what the heck is it?Formally, chain abstraction […]
Hashdex to launch Solana ETF in Brazil
Key Takeaways Brazil’s securities regulator has approved a Solana-based ETF managed by Hashdex and BTG Pactual. Hashdex previously launched ETFs linked to Bitcoin, Ethereum, and the Nasdaq Crypto Index. Share this article Hashdex, a known player in the crypto asset management space, will launch an exchange-traded fund (ETF) that provides investors with exposure to Solana […]
RFK Jr.’s campaign may drop out to support Trump, says running mate Nicole Shanahan
Key Takeaways Kennedy’s campaign is evaluating a potential endorsement of Trump to avoid splitting votes. Trump has become a pro-crypto candidate, promising to support the industry. Share this article Pro-crypto presidential candidate Robert F. Kennedy Jr.’s campaign is mulling quitting the election bid and joining forces with Donald Trump, said Nicole Shanahan, Kennedy’s running mate, […]
Microsoft-backed Space and Time rebrands Cenit Finance as ‘Space and Tokens’
Key Takeaways SxT Labs enhances its product suite with Cenit Finance’s tokenomics simulator. The integration allows for improved simulation and management of token economies using verified onchain data. Share this article Space and Time (SxT) Labs, the team behind the decentralized data platform backed by Microsoft’s M12, announced today it is integrating Cenit Finance into […]
Clearpool unveils RWA yield chain built on Optimism
Key Takeaways Clearpool launches Ozean, the first RWA yield chain built on Optimism, enabling native on-chain yield. Ozean features USDX stablecoin, ozUSD yield-bearing token, and innovative liquidity layer Oxygen. Share this article Clearpool has launched Ozean, an app chain built on Optimism focused on yield over real-world asset (RWA) tokens. Ozean aims to integrate RWAs […]
Linea welcomes Status as first contributor to open-source L2 rollup project
Key Takeaways Status is the first to contribute to Linea’s open-source L2 rollup project. The partnership focuses on scaling Ethereum with zero-knowledge tech. Share this article Linea, an Ethereum layer-2 scaling solution, has announced Status as the first contributor to its open-source L2 rollup project. This partnership marks a significant milestone in Linea’s decentralization roadmap […]
SushiSwap adds DCA and limit orders by tapping Orbs’ technology
Key Takeaways Sushi DEX has integrated Orbs’ dLIMIT and DCA protocols for advanced trading. Users can now set limit orders and implement DCA strategies on the Sushi platform. Share this article Decentralized exchange SushiSwap integrated dollar-cost averaging (DCA) and limit orders in its application by tapping Orbs’ dLIMIT and DCA protocols.The dLIMIT protocol allows traders […]
Binance and Macau police team up to fight against online scams
Key Takeaways Binance integrates anti-fraud alerts to protect users from scams. Customized scam warnings are now issued to Macau users withdrawing assets from Binance. Share this article Binance and the Macau Judiciary Police have joined forces to combat the rising threat of online scams, particularly targeting crypto users. According to a statement shared on Tuesday, […]
Metaplanet’s shares jump 14% after firm completes ¥1 billion Bitcoin deal
Key Takeaways Metaplanet now holds 360.368 BTC after recent purchase. The firm’s stock increased by 14% post-announcement. Share this article Shares of Metaplanet, a Japanese public company known for adopting Bitcoin as its primary treasury reserve asset, surged 14% after the company announced it completed its ¥1 billion Bitcoin (BTC) acquisition, according to data from […]
Rumors of a ‘Gensler plan’ swirl, claiming SEC chair’s move to Treasury under Harris admin
Key Takeaways Kamala Harris may nominate SEC Chairman Gary Gensler as Treasury Secretary if elected. Gensler’s nomination could face strong opposition from Republicans and support from pro-crypto Democrats. Share this article Unconfirmed reports recently surfaced to suggest that Vice President Kamala Harris may nominate SEC Chairman Gary Gensler as Treasury Secretary if she wins the […]
