The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) recently released a report detailing the implications of a central bank digital currency (CBDC). The report was based on a pilot CBDC issued to selected industry participants, which enabled a deep dive into the legal, regulatory, technical, and operational facets of […]
The crypto fear and greed index dropped to the fear zone of 34 this week as Bitcoin and other cryptocurrencies experienced their worst week of the year. Bitcoin moved below $26,000, while Ethereum, Cardano, and Oasis Network also slipped, bringing the total market cap to $1.02 trillion. The fear and greed index is one of […]
XRP20, a yield-bearing token launched on Uniswap decentralized exchange on Tuesday, August 22, has seen a trading volume of over $1 million. The token mirrors the 100 billion supply of XRP but has no affiliation with Ripple, the issuer of the XRP token. The XRP20 project’s innovative stake-to-earn utility is funded by allocating 40% of […]
The crypto fear and greed index dropped to the fear zone of 34 this week as Bitcoin and other cryptocurrencies experienced their worst week of the year. The index is one of the most prominent sentiment gauges in the financial market and looks at important gauges like the CBOE VIX index, put and call options, […]
Coinbase, a major U.S. crypto exchange, has recently launched its own blockchain project called Base. One of its applications, Friend.tech, has become increasingly popular, with over 100,000 users and generating more than $25 million in fees. Friend.tech allows users to purchase shares of X (Twitter) influencers and was recently funded by the crypto-focused venture-capital firm […]
Kresus Labs has launched its decentralized applications (dApps) marketplace for the Polygon ecosystem, powered by the Meroku Protocol. The Kresus Marketplace is integrated into the Kresus SuperApp, allowing users to easily access, navigate and explore the Polygon ecosystem. Popular dApps include DeFi, GameFi, social networks and digital identities.The Kresus SuperApp has a UX that is […]
Near Protocol, a blockchain operating system, has recently announced a strategic integration with leading crypto exchange Nexo. This collaboration allows Nexo users to deposit and withdraw NEAR tokens on the exchange platform. Additionally, Near Protocol has partnered with Tokenproof, a startup specializing in connecting brands and audiences through token-based experiences. This integration into the Near […]
Shiba Inu’s (SHIB) layer-2 scaling solution, Shibarium, is set to reopen to the public after experiencing technical difficulties last week. The project’s lead developer, Shytoshi Kusama, has announced that testing and tweaks of Shibarium have been successful in preventing the network issues that caused its closure.Kusama has also enabled a new monitoring system and additional […]
Ethereum’s Layer 2 solutions have achieved a remarkable milestone, reaching 54 transactions per second (TPS) on August 21st. This 5.1-fold increase in transaction throughput has been driven by scaling solutions such as ZKsync and BASE, the latter of which was nurtured by Coinbase’s incubation efforts.First-time transacting wallets have surged, surpassing Ethereum’s activity on occasion. This […]
Solana Labs has announced the integration of its decentralized payment protocol, Solana Pay, with Shopify, a major e-commerce platform. This integration will enable businesses to facilitate payments using USDC, a stablecoin closely tied to the U.S. dollar. The protocol will also consider adding cryptocurrencies like SOL and BONK in the future.Shopify, representing 10% of U.S. […]
