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…
Ecosystem
Polkadot Decoded Reveals Strengthened Ecosystem and New Apps
Polkadot’s community and organizational structure have never been stronger, enhancing its potential for global influence. Parity Technologies excels in engineering, with new apps simplifying Polkadot onboarding and improving ecosystem usability. Polkadot recently retweeted a post from Gbaci, the author of “Polkadot for Beginners,” about Polkadot Decoded. Gbaci expressed his opinion, adding that after seeing Polkadot decoded for two days, he can confidently claim that Polkadot has never been in better form for global dominance. This statement goes beyond the big…
11 months ago
Polkadot Ecosystem to Introduce Nova & Mercuryo Debit Cards for Seamless Token Spending
Nova’s CEO has announced that it would unveil a new debit card within the Polkadot ecosystem in September, enabling users to “off-ramp their tokens” globally. From late last year, Polkadot has experienced a boom in network activities as parachains active addresses reached 514,000, a 48% increase in QoQ. CEO of Novasama Technologies and Nova Wallet Anton Khvorov has announced a groundbreaking initiative that would see a product dubbed “Nova & Mercuryo Debit Cards” introduced in the Polkadot (DOT) ecosystem in…
11 months ago
IOTA EVM Joins ChainPort’s Ecosystem, Enabling Feeless Token Bridging
ChainPort has announced the integration of IOTA EVM as the 24th chain supported on its ecosystem and opening up new opportunities for its users. The integration allows developers to bridge tokens to and from the IOTA ecosystem through ChainPort and gives them access to a scalable network with feeless transactions. ChainPort, a cross-chain bridge that offers full interoperability and enhanced security, has announced the integration of IOTA EVM in its ecosystem. ChainPort completed the integration this week, making IOTA EVM…
11 months ago
SEC vs. Crypto – Two consecutive Victories for Crypto Ecosystem
The post SEC vs. Crypto – Two consecutive Victories for Crypto Ecosystem appeared first on Coinpedia Fintech News Everyone knows about the SEC vs. Crypto game. It has been years since the SEC decided to go after various crypto organization and their tokens. One such case, almost forgotten by the community is SEC vs Blockstack, a blockchain software developer company.The U.S. Securities and Exchange Commission (SEC) has given the crypto industry another reason to celebrate. On July 12, the SEC…
11 months ago
The dYdX Foundation’s 2024 Semi-Annual Ecosystem Report Highlights Incredible Progress & Community Engagement
Zug, Switzerland, July 11th, 2024, Chainwire The dYdX Foundation, a part of the dYdX ecosystem, has just published its 2024 Semi-Annual Ecosystem Report, highlighting the incredible momentum gained by the project and its community over the first six months of the year, solidifying its position as one of the leading protocols in the decentralized finance industry. The 2024 Semi-Annual Ecosystem Report provides a comprehensive look at the state of the dYdX ecosystem as it stands midway through the year, as…
11 months ago
Top 3 Promising TON-Native Coins Backed with Real Ecosystem Utility
In the ever-evolving world of cryptocurrencies, the The Open Network (TON) ecosystem has made significant strides this year. Telegram, with its 900 million monthly active users (MAU), represents one of the largest distribution channels for Web3-adjacent users. Being perceived as more secure and protective of user privacy, the messenger has established itself as the primary crypto communication app. Every non-US user automatically receives an abstracted crypto wallet upon registering on Telegram, making the TON ecosystem one of the strongest candidates…
11 months ago
FATTY MEME Ecosystem: $1.5M Raised in Presale – A New Era in Crypto Memes
The post FATTY MEME Ecosystem: $1.5M Raised in Presale – A New Era in Crypto Memes appeared first on Coinpedia Fintech News The crypto space is filled with challenges, from security concerns to user engagement and sustainability. The FATTY ecosystem addresses these issues head-on, offering innovative solutions that ensure a seamless and rewarding user experience. FATTY is setting a new standard in the industry by focusing on secure transactions, engaging gameplay, and sustainable earning opportunities. Recently, the FATTY presale achieved…
11 months ago
Puffer UniFi Launches: Revolutionizing Ethereum’s Blockchain Ecosystem
The post Puffer UniFi Launches: Revolutionizing Ethereum’s Blockchain Ecosystem appeared first on Coinpedia Fintech News In a pivotal move poised to reshape the Ethereum blockchain, Puffer Finance announces the impending launch of Puffer UniFi. This sophisticated roll-up solution is designed to tackle critical challenges within the Ethereum ecosystem, setting the stage for a series of innovations aimed at enhancing transaction efficiency, promoting economic sustainability, and catalyzing the widespread adoption of blockchain technology. Addressing Fragmentation in Ethereum’s Layer 2 Solutions As…
11 months ago
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EcosystemHypernative To Secure Stacks Ecosystem With Advanced Real-Time Threat Detection
Security and risk intelligence protocol Hypernative is on track to secure the Stacks ecosystem. With its growing ecosystem, Stacks DApps and smart contracts will benefit from Hypernative’s risk detection and Bitcoin’s security. Hypernative, renowned for its real-time threat detection solution services to apps and small contracts, is collaborating with Stacks to enhance the security of the leading Bitcoin Layer 2 (L2) network. In a release by Hypernative, the collaboration is to integrate its state-of-the-art real-time threat detection with Stacks to…
11 months ago