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Search Results for: sol

1Kosmos BlockID Named Best ID Management Solution in 2023 Finovate Awards

Distributed digital identity and passwordless MFA platform prevents identity impersonation, account takeover and fraud while delivering frictionless user experiences EAST BRUNSWICK, N.J.–(BUSINESS WIRE)–#Blockchain—1Kosmos, the company that unifies identity proofing and passwordless authentication, today announced the 1Kosmos BlockID platform has been named Best ID Management Solution in the prestigious 2023 Finovate

September 19, 2023 2 mins read

Magic Eden Embraces Solana’s cNFTs Offering Affordable Option

As a more affordable and scalable approach to owning digital collectibles, Magic Eden, a marketplace for NFTs, has announced its support for Solana’s compressed NFTs (cNFTs). Compressed and held off-chain, cNFT data is what sets them apart from regular Solana NFTs. Since there are less costs associated with minting them,

September 16, 2023 1 min read

Deutsche Bank All Set To Offer Institutional Crypto Custody Solutions

In order to provide a comprehensive custody solution for institutional customers interested in the safeguarding of their cryptocurrencies and tokenized assets, the prestigious Deutsche Bank has formed a strategic relationship with the Swiss crypto firm Taurus. This is a huge step forward in connecting the established banking system with the

September 14, 2023 2 mins read

Solana (SOL) Shows Signs of Recovery Amid FTX Liquidation Chaos

One of the major topics of discussion in the crypto world today revolves around the collapsed digital asset exchange FTX, which has received approval from Judge John Dorsey overseeing its bankruptcy proceedings to sell billions in crypto assets. This development allows FTX to proceed with the sale of $3.4 billion

September 14, 2023 2 mins read

Solidus Labs Uncovers $2 Billion Worth of Wash Trades on Decentralized Exchanges

Solidus Labs’ latest Crypto Market Manipulation Report finds wash trading is one of the most common but preventable forms of market manipulation in DeFi NEW YORK–(BUSINESS WIRE)–#DeFi–The latest market manipulation report from Solidus Labs, a category-definer for crypto-native trade surveillance and risk monitoring, has found that crypto token deployers and

September 12, 2023 3 mins read

Particle Network Unveils V2 of Its Wallet-as-a-Service (WaaS) solution of Web3

Particle Network, a provider of Web3 infrastructure, has released V2 of its Wallet-as-a-Service (WaaS) solution. With the most recent version, significant improvements were made to privacy, user experience, and transaction efficiency, making it the most cutting-edge web3 product of its type. With an emphasis on future-proofing web3 infrastructure, V2 was created to

September 12, 2023 2 mins read

Solana Price Witnesses Severe Decline Amid FTX Liquidation Claims

The cryptocurrency market has taken a hit recently with the majority of cryptocurrencies facing severe downtrend, and there are rumors that defunct crypto exchange FTX is planning to sell a large percentage of its assets. FTX is reportedly seeking permission from the court to liquidate its $3.4 billion worth of

September 11, 2023 2 mins read

Insolvent FTX Eyes Funds Recovery Paid to Athletes and Leagues

The new FTX administration has consulted with financial experts to determine whether or not it is possible to recoup the millions of dollars that were distributed to athletes, teams, and organizations for promoting the defunct cryptocurrency exchange. Moreover, according to court documents cited by Bloomberg, experts are looking into whether

September 10, 2023 1 min read

XRP Price Consolidates; Potential Break Below $0.49 Looms

Prominent crypto statistics provider Kaiko recently highlighted the XRP’s current trading volume of $779 million. The figure is up from $462 million trading volume in August. This last month figure is notable since it is four times more than the volume of transactions for the second cryptocurrency on the list.

September 8, 2023 2 mins read

Solana (SOL) Continues to Shine as Others Struggle—Time to Buy?

The popular altcoin Solana (SOL) stole the spotlight, revealing strength and promise in a constantly evolving crypto market. While Bitcoin (BTC) made headlines by surging past the $26,000 mark, Solana emerged as the top gainer, experiencing a 24-hour leap of nearly 4.2%, rising from $19.38 to $20.21. In recent weeks,

September 8, 2023 2 mins read