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…
Fireblocks
Camino Network Enhances Token Access Through Fireblocks Integration
Source: Depositphotos Camino Network, the Layer 1 focused on the travel industry, has announced that it’s integrated Fireblocks, the leading liquidity and security layer. Fireblocks provides enterprise-grade solutions that make it easier to access and secure digital assets and its integration with Camino will enhance the range and security of services available to network users. Fireblocks Enters the Fray Fireblocks is in the business of making onchain interactions more secure and it’s a business it’s very good at, as more…
8 months ago
LIF3.com integrates Fireblocks to elevate safety and security in next-generation consumer DeFi
Road Town, British Virgin Islands, March 26th, 2024, Chainwire Lif3.com is thrilled to announce its integration with Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations. This collaboration brings together Lif3's innovative multi-chain DeFi ecosystem with Fireblocks' trailblazing security solution, including their Direct Custody platform and cutting-edge Non-Custodial Wallets-as-a-Service (WaaS) to enhance safety, security and enhance operational efficiency for the Lif3 ecosystem. With the integration of Fireblocks' Non-Custodial WaaS, Lif3 (LIF3/USD)(LIF3/USDt), the revolutionary multi-chain DeFi Layer-1…
1 year ago
Reap Leverages Fireblocks to Enable Crypto Repayments with the Reap Card
Reap, the global fintech company powering expense management through the industry first Reap Visa Corporate Card (“Reap Card”) platform, launches industry-leading innovation by including cryptocurrency repayments functionality for the Web3 industry. Together with the Reap Card, Reap is offering expense management software that will enable web3 companies to settle their fiat payments with cryptocurrencies. Daren Guo, Reap Co-Founder, said: We noticed a gap in the payments market involving web3 projects that face challenges for settling corporate expenses with non-fiat currencies…
2 years ago
Checkout.com Introduces 24/7 USDC Settlements for Merchants
Payment service provider Checkout.com has partnered with crypto security firm Fireblocks to launch a stablecoin settlement solution for merchants. The company unveiled this news earlier today through a press release. This product currently supports USD Coin (USDC), but Checkout.com plans to add more assets in the future. According to the press release, the solution leverages Fireblocks’ new crypto payment technology. Checkout.com is the first payment service provider to embrace this technology. The company is also the first to roll out…
3 years ago
Fireblocks in Trouble Over Loss of More than $70 Million in Ethereum
Fireblocks, a crypto custody firm, is facing a lawsuit from Stakehound over the lost access to more than $70 million worth of Ethereum, according to Calcalist. Stakehound reportedly entrusted the company in question with the safekeeping of wallets' private keys totaling 38,178 ETH. Clearly, the Israeli-based company did not do a good job in securing them. Who is at Fault? From the Tel Aviv District Court lawsuit, Fireblocks lost the private keys due to an employee's human error. However, the…
4 years ago