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…
Integration
zkVerify Announces Integration with ApeChain to Boost Gaming Performance and Reduce Costs
New York, NY, June 28th, 2024, Chainwire ApeChain, being built on behalf of the ApeCoin DAO, will now be able to support efficient, low-cost zero-knowledge proof verification zkVerify, a modular protocol optimized for zero-knowledge proof verification developed by Horizen Labs, has successfully integrated into ApeChain’s Jenkins Testnet, the highly anticipated Arbitrum Orbit Chain. This integration aims to significantly expand the types of Web3 games that can efficiently launch on ApeChain with high performance. Developers building on ApeChain, optimized as a gaming-first…
11 months ago
Chainlink Powers ChainSwap’s Secure Cross-Chain Swaps with CCIP Integration
Chainswap has successfully integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable secure and seamless cross-chain swaps. This collaboration has resulted in over $10 million in transaction volume and nearly 2,000 unique wallet users in just four months. Chainswap recently upgraded its capabilities in a new development by successfully integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). .@chainswaperc has integrated #Chainlink CCIP Programmable Token Transfers to power cross-chain swaps on @arbitrum, @avax, @base, @ethereum, @optimism, and @0xPolygon. CCIP will also enable cross-chain swaps…
12 months ago
New Avalanche Blockchain Integration Set to Transform Digital Payments – Can it Propel AVAX Price to $30?
Ava Labs offers intellectual property management solutions to K-pop artists through the Avalanche blockchain. This will provide transparency and protect artists from underpayment and copyright violations, especially in live music and event ticket sales. In a recent announcement, Ava Labs announced that it would provide intellectual property management solutions to South Korean K-pop artists by leveraging its own Layer-1 blockchain network, Avalanche. A recent report from Allied Research showed that the K-pop industry will reach a $20 billion valuation by 2031.…
12 months ago
Usiacurí Pioneers Cryptocurrency Integration in Colombia with the Crypto District Initiative
Usiacurí becomes Colombia’s first municipality to integrate cryptocurrencies like Bitcoin, Tether, and Tron into its economy. The “Crypto District” initiative is a partnership between Usiacurí’s municipality, Certika, Universidad de la Costa, and Corporación CienTech. Usiacurí, a quaint coastal town in Colombia, has taken a pioneering step by becoming the country’s first municipality to legally incorporate cryptocurrencies into its local economy. Launched on June 21, this innovative move is part of the “Crypto District” project, a collaborative effort between the Usiacurí…
12 months ago
Dogecoin Army Awaits DOGE Integration on X (Twitter) as a Premium Payment Solution
The Dogecoin community is excited about the possibility of using DOGE for payments on Elon Musk’s social media platform X. Elon Musk’s company has been securing licenses in various states to roll out a payment feature on X. The Dogecoin (DOGE) community remains optimistic about the prospect of integrating DOGE payments into X, the social media platform Elon Musk owns. A recent MyDoge cryptocurrency wallet account poll asked the community if they believed X should support Dogecoin payments, prompting positive…
12 months ago
Thailand in Talks with Ripple for Potential XRP Integration
Ripple acknowledges Thailand’s potential adoption of XRP in a letter to Thai authorities. Ripple praises Bank of Thailand’s leadership in CBDC research and offers support. A well-known member of the cryptocurrency community, Armando Pantoja, recently highlighted Ripple’s amazing growth initiatives. Pantoja emphasizes the possible use of XRP by Thailand by quoting a letter from Ripple. Pantoja said BRICS countries seem to be getting more and more interested in XRP. Breaking : Thailand is the latest country in talks with @Ripple…
12 months ago
Binance Boosts TON Network with USDT Integration Amid Market Volatility
Binance Exchange has integrated Tether (USDT) on the TON network. As the protocol powers Toncoin, users now have another option to move the world’s largest stablecoin. Popular crypto exchange Binance has continued on its mission to expand multi-chain functionality with a recent Tether (USDT) integration on the TON Network. This move opens the door for crypto enthusiasts to leverage the advantages of both platforms. USDT to See Enhanced Utility on TON Network The integration allows seamless movement of USDT through…
12 months ago
Explore Hedera’s New MetaMask Integration with Advanced Features
Hedera’s Wallet Snap update integrates token and smart contract services into MetaMask for enhanced asset management. The update offers new possibilities for developers with Hedera’s high-speed, low-fee platform on MetaMask. Tuum Technologies has announced an interesting new upgrade to the Hedera Wallet Snap, which completely integrates Hedera’s token service and smart contract service with MetaMask. For developers and consumers alike, this update creates a world of opportunities and simplifies, strengthens, and greatly expedites the management of digital assets. The #Hedera…
12 months ago
BEVM Launches Ethereum Asset Bridge with OP Stack and WBTC Integration
The post BEVM Launches Ethereum Asset Bridge with OP Stack and WBTC Integration appeared first on Coinpedia Fintech News BEVM, supported by Bitman, has introduced a relay chain on the OP Stack, utilizing Wrapped Bitcoin (WBTC) as gas. This development of the Bitcoin L-2 network aims to facilitate the easy transfer of assets between Ethereum and the BEVM network, enhancing interoperability. Moreover, the relay chain serves as a crucial bridge for token movements, ensuring necessary compatibility with ZK-Rollup technology in…
12 months ago