The Pyth Network is thrilled to launch the USDB and W/USD price feeds. The primary platform for multi-chain bridges and apps interoperability, @wormhole, has $W as its governance token. There are now over 50 blockchains that support the Pyth W/USD price feed. Unlike previous oracles, this Pyth instance responds to the
April 3, 2024 0 mins read
Binance is pleased to announce that the Binance Inscription Marketplace now accepts ARC-20 tokens. ARC-20 is a fungible token standard based on the developing Atomicals Protocol on Bitcoin. Binance is a trusted global blockchain ecosystem with over 185 million users globally. In addition to the many functionalities that are currently
April 3, 2024 3 mins read
The first node built on Base, an Ethereum Layer-2 scaling solution developed by Coinbase, marks Powerloom’s entry into the Base ecosystem. Powerloom is a leading composable data network that allows protocols to index and query blockchain data in a decentralized way. In keeping with its mission to provide actionable onchain data
April 2, 2024 2 mins read
Binance Charity, the charitable arm of the world’s leading blockchain ecosystem, joins forces with the Children of Heroes Foundation in an effort to provide aid and psychological rehabilitation to children affected by the continuing conflict in Ukraine. Together, they want to host “I am Da Vinci,” a 12-day rehabilitative camp for
April 2, 2024 2 mins read
After hitting a peak in early March, the 24-hour trading volume at Upbit—one of the largest cryptocurrency exchanges in South Korea—fell to $3.8 billion at the beginning of April. The Upbit exchange reached this year’s all-time high trading volume of around $15 billion on March 5. The fact that Bitcoin
April 2, 2024 1 min read
March saw the most financing for cryptocurrency firms in 18 months, as a result of a deluge of early-stage investments into crypto and blockchain-related businesses. As per statistics, over $1.4 billion has been invested in cryptocurrency firms. March was the biggest month for the sector’s fundraising since September 2022, when
March 31, 2024 1 min read
Daily transactions and trade volumes on the layer two blockchain Base, which is incubated by Coinbase, continue to soar as March draws to a close, reaching record highs. According to statistics from a Dune Analytics dashboard, Base saw an all-time high of 2.27 million transactions on March 29. The weekly
March 31, 2024 1 min read
IdeaSoft, a member of Sigma Software Group that specializes in developing fintech blockchain applications, is building a perpetual decentralized exchange on Plasma Next, according to INTMAX, the developer of the open-source Ethereum scalability solution Plasma Next, which offers nearly zero gas fees to enable nano-transactions. This strategic relationship represents a
March 29, 2024 4 mins read
With its Initial Exchange Offering on Bybit, one of the top 2 exchanges in the world for derivatives volume and one of the top three exchanges globally by spot volume, Velar, the Bitcoin liquidity protocol that is bringing trillions of dollars in dormant capital to DeFi markets, is thrilled to
March 27, 2024 4 mins read
The U.S SEC has asked a New York court to consider the “severity” of Ripple Labs’ misbehavior as it seeks a settlement of almost $2 billion from the company. The SEC requested Judge Analisa Torres to authorize the fine. It comprises $876 million in disgorgement, $198 million in prejudgment interest,
March 27, 2024 1 min read
