Metis Combines Chainlink CCIP To Provide Cross-Chain Capabilities
The most recent project to incorporate support for Chainlink’s cross-chain interoperability protocol (CCIP) is Metis, a well-known Layer 2 network. On August 8, Metis implemented CCIP, and as of right…
Twitter’s cryptocurrency pump and dump of Trump Memecoin
In less than seven days following the release of the most recent “official” Donald Trump memecoin, cryptocurrency Twitter pushed and dumped a different token that was purportedly associated with the…
Bitcoin and Ethereum Rebound Even as Genesis Keeps Making Repayments
Genesis, the now-bankrupt centralized cryptocurrency lending company, has transferred $13 million in assets to compensate those affected by their collapse, less than two hours after Bitcoin recovered $59,000. The transfers…
Introduces Arbitrum to Tokenized Money Market Fund
Franklin Templeton, a prominent figure in asset management, has partnered with Arbitrum Foundation to introduce the Franklin OnChain US Government Money Fund (FOBXX). The partnership represents increasing institutional interest in…
To increase interest in the upcoming token, Hamster Kombat has announced a new gaming ecosystem
They said that this effort will help set Hamster Kombat apart from other initiatives of a similar nature and that players would receive incentives unique to each game. Hamster Kombat…
A million wallets are active on the Sonic testnet, with 600 million transactions
The L2 is the first gaming platform powered by a Solana Solana sol 3.13% virtual computer. It is not the same as Fantom’s Sonic enhancement, Fantom ftm 8.05%. In details…
Samsung and Illuvium Collaborate to Provide an Immersive Gaming Experience
Illuvium, a blockchain-based gaming company, established a strategic alliance with Samsung on August 8. As part of the partnership, Illuvium will be on display at the Samsung booth at Gamescom…
WazirX will reverse all trades after a withdrawal freeze linked to a $230 million hack
WazirX, an Indian cryptocurrency exchange, declared on July 18 that it would reverse every trade made after its withdrawal ban. The exchange stated that all users will have their portfolio…
Solana observes record Jito validator tips in the midst of fresh coin launches and an increase in network traffic
The ecology of Solana is humming with activity, and Jito validators are benefiting from it. Jito validator tips have increased dramatically; last week, they hit an all-time high of 17,290…
In Their Most Recent Investment Round, HTX Ventures Is Focused on Infrastructure, DeFi, and AI
The main investment trajectories for the first half of 2024 have been announced by HTX Ventures, the investment division of the international cryptocurrency exchange HTX. The business claims that the…
The “memecoin frenzy” in Solana makes Rust devs more necessary
Rust coders are in more demand as a result of the Solana memecoin craze that started in the first half of 2024, according to the CEO of a cryptocurrency jobs…
PolitiFi: What is it? The Political Meme Coin Wave
The world of cryptocurrency is vast and includes anything from serious projects with grand objectives like banking the unbanked to humorous and occasionally satirical meme coins. Although meme currencies have…
Binance Labs provides financing to Solayer
The $10 billion venture capital and incubator division of cryptocurrency exchange Binance, known as Binance Labs, has made an undisclosed investment in Solayer, a Solana restaking system. The investment made…
During the market crash, Binance saw a net inflow of $1.2 billion in just one day
The CEO of Binance, Richard Teng, attributed the significant inflows on the exchange to increasing investor trust by citing data from Defi Llama. He posted this insight on his X…
Million-dollar agreement between MetaTrust Labs and ChainSwap to improve cross-chain privacy
The firms announced on Wednesday that MetaTrust Labs and ChainSwap have formed a strategic agreement valued at up to $1 million with the goal of improving cross-chain financial privacy. A…
“The MicroStrategy of Asia” ¥1 billion loan secured by Metaplanet to purchase more Bitcoin
Today, the publicly traded Japanese business Metaplanet—often likened to MicroStrategy—announced that it had obtained a one billion yen loan. The company’s most recent Board of Directors meeting approved the decision…
LiFi and Solana merge to improve dApp cross-chain communication
DeFi protocol In a statement issued with CryptoSlate on August 7, Li.Fi announced its entry into the Solana ecosystem with the goal of improving user experience across decentralized applications (dApps)…
Average metaverse land price decline of 72% from peak
CoinGecko reports that metaverse land prices have dropped by about 95% from their peak values. Metaverse land prices fell by an average of 72% from their peak in 2024, ranging…
Grayscale Introduces Sui and Bittensor Funds
With $23 billion in assets under management, Grayscale Investments is the largest distributor of digital asset solutions in the world. It has introduced two new cryptocurrency trusts that will provide…
Ethena Labs Announces Gradual SOL Integration and Expands USDE to Solana
USDE Stablecoin Project Expands to Solana with Support from SOL Even though Ethena Labs had redemptions of over $300 million in less than two weeks, they continued with the Solana…