A leading name in stablecoin issuer, Circle, has announced that USD Coin (USDC) will now be compatible with zkSync, a zero-knowledge layer-2 solution built on Ethereum. Developers will be able to use USDC on a scalable and efficient platform thanks to this announcement, which took place on April 9, 2024.
The cryptocurrency effort of 1inch Network, an aggregator of decentralized exchanges (DEXs), includes the introduction of a Web3 crypto debit card. Baanx, a developer well-known for its crypto card technology, is collaborating on this initiative with the backing of Mastercard, a worldwide payments giant. The 1inch Card is a new
NexeraID, a leading provider of blockchain-based digital identification solutions, is pleased to have joined the International Association for Trusted Blockchain Applications (INATBA). With a particular emphasis on digital identification via involvement in the identity Working Group, this membership reaffirms NexeraID’s dedication to advancing the global push on blockchain innovation. Propelling Advancements in
Andre Cronje, founder and primary developer of the Fantom protocol, said in an X post that a highly scalable blockchain network would soon include memecoins. Cronje acknowledged that the cryptocurrency project has been diligently looking into memecoins. The goal of this step is to lay down the groundwork for a
All eyes are on the impending release of critical economic figures as the cryptocurrency market prepares for a significant week. U.S statistics from the Consumer Price Index (CPI) and the Producer Price Index (PPI) are anticipated by investors with great anticipation, as they will provide insight into inflation tendencies. Amidst
The year 2024 is shaping up to be a game-changer in many aspects. Amidst the buzz surrounding advancements in AI and 5G technologies, one crucial aspect of 2024 that has been overlooked is the record number of elections taking place worldwide in recent memory. Over 64 countries, including 7 of
Charles Hoskinson, founder of Cardano, has backed Robert Francis Kennedy Jr., better known by his initials RFK, for the nomination for president. The founder of Cardano has said that he has been asked several times about his presidential voting intentions. Following his conversation with “RFK’s” associates, he declared his support
Genesis Global Capital announced a successful sale of its Grayscale Bitcoin Trust (GBTC) shares. The defunct crypto lending firm used the funds to purchase 32,041 Bitcoins. The corporation is making this move to appease its creditors and customers. A total of over 36 million GBTC shares were sold out. The
The Supreme Court of Montenegro overturned a previous court’s decision on the extradition of Do Kwon, co-founder of Terraform Labs. After the prosecution appealed the verdict of the appellate court to deny Kwon’s defense team’s appeal, the decision was made. In its April 5th decision, the Supreme Court highlighted the
In an effort to gain market share in the next five years, Ripple, the issuer of XRP, has revealed intentions to establish a stablecoin backed by the US dollar. The goal is to compete with Tether and Circle. Preceding the release, which details plans for the stablecoin initially issued on
