Tagged: eth

Stablecoins: Avalanche Euro Coin or EUROC Is Expanding Access to the Euro

Euro Coin, or EUROC, launched on Ethereum in 2022 in order “to provide businesses and developers with a fully reserved, euro-backed stablecoin they can trust.” Euro Coin helps unlock new opportunities “for global commerce, faster and more efficient FX, and greater access to the euro… Read More

Ethereum Adoption: RockX Extends Digital Assets Product Suite with ETH Native Staking Solution

RockX, a firm focused on supportin institutional-grade staking solutions throughout Asia, is broadening its staking product suite with the addition of a new ETH native staking solution. This latest offering supports RockX‘s position “as a comprehensive provider of diverse staking needs, responding adroitly to the… Read More

Web3 Services: Chainlink and Arbitrum, the L2 Scaling Solution for Ethereum dApps, Announce Launch of Chainlink VRF

Chainlink, the industry-standard Web3 services platform, and Arbitrum, the Layer 2 scaling solution suite for Ethereum dApp development, have announced the launch of Chainlink VRF (Verifiable Random Function) on Arbitrum One. Chainlink VRF is described as “the industry’s most widely adopted random number generator (RNG),… Read More

DLT, Web3: NEAR Selects Wormhole as Bridge, Launches Cross-Chain Communication with Ethereum

Wormhole Foundation announced that Wormhole has been selected as the next official bridge for NEAR. Wormhole will launch the first trustless NEAR <> ETH corridor powered by Zero Knowledge (ZK) Proofs. This corridor will enable all major NEAR assets “to be seamlessly bridged to the… Read More

Ethereum (ETH) Staking, AI enhanced Investment, Wealthtech Products to be Offered by Austria’s Bitpanda

Austrian digital asset firm Bitpanda is reportedly planning to invest $10 million in order establish a dedicated AI unit. Bitpanda explained that the new unit will aim to provide a suite of AI-enhanced products and investing solutions, including personalized investment ideas, automated portfolio strategies, as… Read More

British Columbia Securities Commission Claims Fraud was Committed by B.C. Crypto Firm

The B.C. Securities Commission recently alleged that a defunct cryptocurrency platform based in Nanaimo on Vancouver Island allegedly carried out a massive securities fraud by intentionally and illegally diverting customer funds to crypto gambling websites. In a notice issued in April 2023, the Commission said… Read More

Ethereum L2 Blockchain, Web3 Networks: Biconomy Brings Account Abstraction for Builders on Mantle

Mantle, the “high-performance,” modular Ethereum Layer-2 network, announced the first of many ecosystem partners ahead of its impending mainnet launch in Q2 2023. Biconomy, a web3 developer and transaction infrastructure platform, is “the latest project to join the Mantle ecosystem and will be the first… Read More

Digital Asset Firm GlobalBlock Provides Insights on Crypto Market: Bitcoin (BTC) Momentum Slows Down at $30K Resistance Level

Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK) has shared a note on the recent moves and news focused on the Bitcoin and digital assets sector. As mentioned in the update shared with CI, Bitcoin’s (BTC) momentum has “slowed now… Read More

Ethereum (ETH) Shanghai Upgrade Unlocks Over $34B in Staked Crypto Tokens

The highly-anticipated Ethereum (ETH) Network Shanghai update marks a key milestone for the world’s largest smart contract platform (in terms of market cap and overall adoption). At present, Ethereum (ETH) withdrawals are live. Hi Shapella 👋 Withdrawals have appeared! pic.twitter.com/POqeZwkZJ4 — Etherscan (@etherscan) April 12,… Read More

Ethereum (ETH) Tools for Web3 Deployed by Electi Consulting, VeChain

Vechain explains that it is dedicated to building the optimal real-world-ready blockchain environment and “enabling full-scale adoption of web3 technologies.” Their Web3-as-a-service platform, VORJ, “offers builders one of the most versatile blockchain tool suites on the market, and caters for users with little-to-no experience building… Read More

New York Attorney General James Continues Crackdown on Unregistered Crypto Platforms

New York Attorney General Letitia James continued her efforts to crack down on unregistered cryptocurrency platforms by filing a lawsuit against KuCoin for allegedly failing to register “as a securities and commodities broker-dealer and falsely representing itself as an exchange.” The Office of the Attorney… Read More

Blockchain Adoption: Nym, Chainsafe Bring Enhanced Privacy to Ethereum Validators

Nym, a network layer privacy provider, has announced a Nym integration with Ethereum validators and even clients “to provide network-level privacy to the entire ecosystem.” A libp2p module “enables over half a million Ethereum validators worldwide to shield transactions via the Nym mixnet.” The module… Read More

Shanghai Allows Withdrawals of Staked ETH for the First Time. Stake Now to Optimize this Opportunity

The Shanghai hard fork is projected to unfold this spring around March or April, with the anticipated upgrade affording the capability to withdraw Ethereum from staking for the first time. Ethereum staking rewards participating in network consensus, and in order to participate, one needs to… Read More

Ethereum (ETH) Blockchain Development: Monad Secures $19M to Build Fundamentally Optimized EVM

Monad Labs is announcing their $19M seed round, “led by Dragonfly Capital and with participation from Lemniscap, Placeholder, Shima Capital, Finality Capital, and Credibly Neutral, as well as over 70 angels, including Cobie, Hasu, 0xMaki, and a number of other leaders in the space.” This… Read More

Bitcoin Trading Volume Increases 80% at DBS Digital Exchange in 2022, Client Base Doubles

DBS reported an 80% year-on-year growth in the number of Bitcoin (BTC) traded on the DBS Digital Exchange (DDEx) in 2022, and “a doubling in the number of BTC custodised with the bank’s digital asset custody solution.” The firm claims these business metrics “underscore the… Read More

Mike Taormina: Alluvial COO Explains Why Liquid Staking Is The Next Major DeFi Innovation

Crowdfund Insider recently connected with Mike Taormina, Alluvial’s Co-Founder Chief Operating Officer. As COO of Alluvial, he works with industry professionals to build Liquid Collective, an enterprise-grade liquid staking standard. Alluvial is the software development company supporting the implementation of the Liquid Collective protocol. Alluvial… Read More

Bitcoin to Ethereum Bridge: tBTC Minting Live in Partnership with Aave, Yearn.Finance, Others

Threshold Network, a provider of cryptography services to unlock greater utility of digital assets, announced the launch of tBTC, the industry’s “only” decentralized, permissionless, and scalable Bitcoin-to-Ethereum bridge. The launch will “allow users to wrap their BTC in exchange for tBTC tokens that can be… Read More

Ethereum L2 Blockchain Scaling Solutions: PARSIQ Launches Tsunami API on Arbitrum One

PARSIQ has launched its “blazing” fast Tsunami API on Arbitrum One. The Layer-2 Ethereum scaling solution has already “attracted a strong community of users and developers — with Tsunami API, builders can access instant real-time and historical data providing advanced querying functionality and vital monitoring… Read More

Bitcoin, Ethereum, Larger Crypto Market on Track to Grow Despite FTX Collapse, Global Recession Fears

  Bitcoin (BTC), the flagship cryptocurrency, has fallen from a high of nearly $70,000, which it reached in late 2022, to just over $20,000 at the time of writing. Meanwhile, Ethereum (ETH), the second-largest crypto-asset by market cap and the largest smart contract platform, has… Read More

Injective, an L1 Blockchain that Brings Cosmos and Ethereum Interoperability to Finance Apps, Shares Key Milestones from Past Year

To say that 2022 was a “monumental” year for Injective is an “understatement,” the developers claim. This past year, Injective not only “focused on continuing to expand its ecosystem while strengthening the layer one chain, but it also accelerated its reach within the broader Web3… Read More

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