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
BlackRock and Institutions Spearhead Innovation on Polygon’s Blockchain
Interest in Blockchain tokenization is currently sweeping the Web3 ecosystem. Polygon remains one of the most functional protocols that many like BlckRock and Franklin Templeton are exploring. Leading asset manager BlackRock and some of the world’s biggest institutional giants have started driving innovation onto the Polygon blockchain. This move demonstrates a growing acceptance of blockchain technology by traditional organizations due to the distinct benefits the ecosystem provides in terms of usefulness, liquidity, and transparency. BlacRock’s Innovation on Polygon Blockchain The…
1 year ago
Real Estate Meets Blockchain: PropyKeys Integrates Chainlink Automation for Staking Rewards
PropyKeys aims to make real estate ownership more accessible, secure, and engaging through the help of Chainlink Automation. The integration of PropyKeys and Chainlink Automation is a huge leap toward mainstream adoption of LINK and PRO crypto assets. The unquenchable need to tokenize real-world assets (RWA) through blockchain technology has significantly improved global cryptocurrency liquidity. As Crypto News Flash previously reported, the future of the cryptocurrency industry is largely pegged to the concept of real-world asset tokenization. Moreover, asset tokenization…
1 year ago
How The Blockchain Era Is Transforming Access To Finance
Back when physical banking was king, you had to go to the bank to get credit. Through digitization and decentralization, financing can now come to you within minutes. The transformation in access to finance has been greatly enhanced by blockchain platforms that thrive on empowering their communities for growth. Blockchain platforms have unique aspects that open up access to finance to millions of individuals and small and medium enterprises (SMEs). These aspects have allowed blockchain lending to grow even…
1 year ago
Fueling The Growth of DeFi: NAVI Protocol’s NAVI X Ecosystem Fund and its Impact on SUI Blockchain
Recent news from the blockchain and DeFi industries has highlighted the NAVI Protocol's ambitious NAVI X Ecosystem Fund. This move seeks to support the development of creative endeavors inside the SUI blockchain's DeFi and Move-based ecosystem, and it is funded with a hefty investment of 10 million NAVX tokens. The fund aims to improve the operational functioning of the SUI blockchain and increase its user involvement by providing vital resources to projects at various phases of their life cycles. It…
1 year ago
Battle Showdown: Gambit Introduces Innovative SkillFi Ecosystem, Redefining Gaming in the Blockchain Space
Singapore, Singapore, April 2nd, 2024, Chainwire Ethlas, a trailblazer in the Web3 gaming industry, announces the groundbreaking SkillFi model alongside its flagship game, Battle Showdown: Gambit. The game is set to empower players to monetize their skills, fostering a sustainable economic ecosystem within the game. The Gambit Ecosystem Battle Showdown: Gambit introduces a unique economic model that unites players with their Patrons (Bit holders). Players are rewarded proportionally based on their in-game performance, ensuring top skills translate to real-world value.…
1 year ago
XRP Ledger Validated: Ripple’s CTO Counters Critics on Blockchain Compliance
Ripple CTO David Schwartz defends XRP Ledger’s blockchain status, citing its adherence to key criteria. Critics question XRP Ledger’s classification due to its unique consensus mechanism, but Schwartz remains firm. Ripple’s Chief Technology Officer (CTO), David Schwartz, recently stepped forward to address the ongoing debate surrounding the classification of XRP Ledger as a true blockchain. Amidst contentious discourse, Schwartz firmly asserts that XRP Ledger meets and exceeds the foundational criteria of blockchain technology. I think XRPL meets the definition of…
1 year ago
Credefi: Bridging Traditional Finance and Blockchain Technology with Revolutionary Financial Services
The post Credefi: Bridging Traditional Finance and Blockchain Technology with Revolutionary Financial Services appeared first on Coinpedia Fintech News In a world of continuous digital transformation and financial innovation, Credefi emerges as a pacesetter platform to revolutionize the financial ecosystem by integrating traditional finance (TradFi) with blockchain technology. According to the team, Credefi is pioneering financial innovation that combines the best features of TradFi with the revolutionary concepts of blockchain technology. Business Research Company report reveals that the global financial…
1 year ago
BSX: The First CLOB Perp Exchange to Launch on Base Layer-2 Blockchain
[PRESS RELEASE – Grand Cayman, Cayman Islands, April 1st, 2024] Quick Take BSX, backed by Base Ecosystem Fund, is set to raise the bar as the world’s foremost premier, high-performance decentralized exchange, offering an enhanced DeFi trading experience that provides the best of both worlds by merging the benefits of centralized exchanges with the self-custody features of decentralized exchanges. BSX will begin trading on Base L2 Mainnet Alpha on April 1, 2024. Following the conclusion of its Public Testnet trading…
1 year ago
Blockchain Communities Are Mitigating Web3 Threats With GoPlus Critical API Security Data
Trouble goes where the money is. And as Web3 continues to grow, flourish, and generate more value, there are naturally going to be bad actors who want to take advantage. Security across Web3 is an ever-growing priority, especially since the threats are ever-evolving. The good news is that more and more Web3 chains, platforms, and dApps are paying attention, and are working to get the information that can help them avoid bad tokens, NFTs, addresses, and more. There are a…
1 year ago