Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Blockchain
Hedera shakes up finance: Shinhan Bank launches KRW on the blockchain for seamless transactions
Hedera has partnered with South Korea’s Shinhan Bank to revolutionize Finance. The HBAR Foundation is deepening its foothold in the Asian market. Hedera Hashgraph (HBAR) has grown to become a force to be reckoned with in the finance industry. In a recent development, the HBAR Foundation announced the launch of South Korean Won (KRW) as a Real World Asset (RWA) on the Hedera network by the Shinhan Bank. Shinhan Bank Completes Pilot Phase As previously reported by Crypto News Flash,…
1 year ago
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BlockchainJonnathan Saborio Announces Smart Profit Global’s Mission to Democratize Blockchain Technology
San José, Costa Rica, May 3rd, 2024, Chainwire In the often confusing and jargon-heavy world of blockchain and decentralized finance, one company is on a mission to lower the barriers to entry. Smart Profit Global, led by visionary entrepreneur Jonnathan Saborio, has built a comprehensive ecosystem designed to help anyone confidently navigate and benefit from the burgeoning decentralized economy. What sets Smart Profit Global apart in the crowded blockchain space is their focus on accessibility and education. Initiatives like their…
1 year ago
Eclipse And Neon EVM Drive Solana-Ethereum Integration For Blockchain Interoperability
Layer 2 (L2) blockchain Eclipse and developer-oriented bridge Neon EVM have formed a new collaboration to implement changes in the blockchain landscape, increasing interoperability and scalability with the integration of Ethereum (ETH) and Solana (SOL). Aiming to combine the capabilities of both blockchains, Eclipse has consolidated the compatibility between the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM) by deploying Neon Stack. Solana And Ethereum Integration The primary objective of this collaboration is to integrate Solana’s transaction handling…
1 year ago
What is Blockchain Referral Marketing and How to Be Part of XERA?
In today’s digital age, blockchain technology has emerged as a game-changer, revolutionizing industries and reshaping how we do business. Amidst this transformative landscape, blockchain referral marketing has emerged as a powerful strategy for harnessing the potential of decentralized networks to drive growth and engagement. But what exactly is blockchain referral marketing, and how can you be part of it? Let’s delve deeper into this exciting opportunity and discover how you can join the ranks of successful blockchain marketers. Blockchain Referral…
1 year ago
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BlockchainPantera Capital’s Fund V Targets $1 Billion for Diverse Blockchain Investments
Pantera Capital is seeking to secure $1 billion for its new fund, ‘The Panter Fund V. ‘ It is designed to provide investors with exposure to a wide range of blockchain-based assets. A new report by Bloomberg revealed that the new fund is expected to launch in April 2025. Pantera Fund V The Pantera Fund V has been designed to be an all-encompassing product, differing from the digital asset investment manager’s previous funds with more specific investment focuses such as…
1 year ago
Polkadot’s Contribution to a Sustainable Global Economy Through AI and Blockchain Integration
The Decentralized Knowledge Graph, the basic innovation of OriginTrail, is a blockchain-agnostic framework that allows knowledge to be built, shared and verified decentralized. Polkadot integration maximizes OriginTrail’s influence by shaping a transparent digital future. A spotlight was recently cast on OriginTrail, one of the front-runners in blockchain and AI hybrids, following a tweet by Polkadot detailing its pioneering efforts. This spotlight highlights the crucial contribution that OriginTrail makes in promoting understanding of the world through its advanced technologies. Spotlight on:…
1 year ago
Subsquid Will Partner With Neon EVM to Expand Into the Solana Blockchain
Zug, Switzerland, April 25th, 2024, Chainwire Easier access to on-chain data with Subsquid data lakes can help developers use Neon EVM to the fullest. Web3 data lake and query engine Subsquid announces the upcoming partnership with Solana-powered Neon EVM to provide dApp developers easier access to Neon EVM’s on-chain data. The partnership marks the first step in Subsquid’s long-awaited expansion to the Solana blockchain. Subsquid is an innovative decentralized data lake and query engine built with utility and scalability in…
1 year ago
SKALE and Virtualness global partnership reimagines fan engagement for sports, creators, and enterprises using the power of blockchain
San Francisco, United States, April 25th, 2024, Chainwire Fans of Liga 1 & other organizations will have access to a superior experience on Virtualness with SKALE’s zero gas fees and instant finality. SKALE Network, a gas-less EVM-compatible blockchain designed for secure Ethereum scaling, and Virtualness, a pioneering mobile-first platform powered by generative AI and blockchain, today announced a strategic partnership aimed at redefining digital engagement and empowering global sports fans, enterprises and creators alike. With international athletic partnerships that include…
1 year ago
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BlockchainAccount Abstraction Can Greatly Simplify Blockchain Transactions: Here’s How
The post Account Abstraction Can Greatly Simplify Blockchain Transactions: Here’s How appeared first on Coinpedia Fintech News Blockchain transactions are safe but hard to understand because users have to keep track of encryption keys and go through a steep learning curve. These problems can be fixed by simplifying the user interface, making it easier to connect with blockchain networks, and prioritizing the user experience. Understanding Account Abstraction Account Abstraction (AA) makes it easier for people to use blockchain networks by…
1 year ago