Wed, October 14

Search Results for: crypto adoption

Chainalysis CEO Michael Gronager Resigns After Decade-Long Service

It’s another week’s end and thus the folks at the crypto community are hoping for another bull run. However, this time they hope it will stay. Meanwhile, apart from price actions, web3 firms have shown activity in terms of partnerships and advancements or new announcements.  Notably, crypto-based firm Chainalysis’s co-founder

October 4, 2024 2 mins read

Grayscale Launches Aave Trust, Driving AAVE Price Above $140

After Grayscale announced the launch of its Grayscale Aave Trust, the price of AAVE has started to rise again. Institutional investors will have the opportunity to invest in the decentralized finance (DeFi) token via this fund. As a result, the token’s adoption will increase dramatically, which may cause more price

October 3, 2024 2 mins read

Swift to Launch Live Trials for Digital Asset Transactions Next Year

Global bank messaging giant Swift has announced that it is set to conduct trial live transactions of tokenized assets and digital currencies starting next year. This marks a significant step towards integrating these assets into the mainstream financial system. The announcement follows the progress made from earlier experiments into practical

October 3, 2024 2 mins read

Aptos Labs Strengthens Japan Presence with HashPalette Acquisition

Aptos Labs, the developer behind the Layer-1 blockchain Aptos, announced on October 3 its acquisition of HashPalette, a subsidiary of HashPort and the developer of Palette Chain. The acquisition signifies a strategic partnership between Aptos Labs and HashPort, integrating Palette Chain’s NFT distribution platform into Aptos’ ecosystem. Palette Chain, known

October 3, 2024 2 mins read

Chainlink and Taurus Unite to Enhance Institutional Tokenization

Taurus, a Swiss digital asset infrastructure provider backed by Credit Suisse and Deutsche Bank, has announced a partnership with Chainlink to accelerate the adoption of tokenized assets. This collaboration aims to tackle critical challenges in the tokenized asset sector, including security, data integrity, and asset mobility. .@taurus_hq—a leading digital asset

October 2, 2024 1 min read

Is Solana’s 7% Price Drop a Signal of a Bigger Trend?

Solana (SOL) has not escaped the broader crypto market’s bearish start to the highly anticipated “Uptober,” hitting a 12-day low of $142 with a 7% decline over the past 24 hours. This sharp drop in price aligns with the wider cryptocurrency market, which saw Bitcoin plunge to a two-week low

October 2, 2024 2 mins read

Coinstore Labs ICP Chain Fusion Hackathon 2024: Winners & Key Highlights in Web3.0 Innovation

The ICP Chain Fusion Web 3.0 Collision Hackathon 2024, hosted by Coinstore Labs, has concluded, marking a significant moment for the blockchain development community. This hackathon gathered 134 developers and 58 pioneering BUIDL projects, highlighting groundbreaking solutions and advanced technologies poised to shape the future of the ICP chain. A

October 2, 2024 4 mins read

Solana Approaches Key Support Level as Price Drops Over 5%

Six Solana-based protocols now have more than $1 billion in TVL, which is a first since Solana started. For the layer-1 blockchain network, DefiLlama data shows that five protocols—Jito, Kamino, Jupiter, Raydium, Marinade, and Sanctum—exceeded $1 billion. As retail adoption increased, crypto community users praised SOL chain features like Blinks

October 2, 2024 1 min read