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
Polkadot’s Snowbridge to Go Live with UI Next Week: Seamless Ethereum Integration
Snowbridge is currently live on Polkadot and is undergoing final testing, with two of its lead developers predicting it will have a public launch this upcoming week. It will usher in a new era of a trustless, decentralized bridge between Polkadot and Ethereum, with features such as light client verification and cryptographic security. Snowbridge is launching this week, two leading developers in the Polkadot ecosystem have revealed. Traditional bridges trust third-party signatures for moving assets, compromising security. Snowbridge is trustless,…
12 months ago
IOTA’s Integration with LayerZero EVM Boosts Interoperability Across Blockchain Networks
IOTA has integrated LayerZero’s cross-chain messaging protocol with its Ethereum Virtual Machine (EVM), enabling seamless communication and asset transfers across over 50 DLTs. This integration further underscores IOTA’s commitment to fostering a developer-centric environment, bridging its ecosystem with the broader blockchain community. In a significant development for interoperability, IOTA has announced the integration of the LayerZero cross-chain messaging protocol with its Ethereum Virtual Machine (EVM). LayerZero, a leader in facilitating seamless communication across various blockchain networks, has extended its messaging…
12 months ago
Elon Musk Bans Apple Devices Over ChatGPT Integration!
The post Elon Musk Bans Apple Devices Over ChatGPT Integration! appeared first on Coinpedia Fintech News Elon Musk is taking a stand against Apple devices! Musk has announced a potential ban on Apple devices across all his companies, citing concerns about Apple’s recent integration of OpenAI’s ChatGPT into Siri. This decision, driven by security risks, was made public on Musk’s social media platform X (formerly Twitter), highlighting his privacy and security concerns with Apple’s new AI features. This announcement followed…
12 months ago
Chainlink CCIP Integration Enables Cross-Chain WECO Transfers for Weset
Weset integrates Chainlink CCIP to enable cross-chain transfers of its WECO token between BNB Chain and Ethereum. The integration increases liquidity, enhances user experience, and simplifies Weset’s infrastructure. Weset, a platform specializing in tokenizing real-world assets, has announced the integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) across the BNB Chain and Ethereum mainnets. Tokenized RWA platform @WESET_io has integrated #Chainlink CCIP across @BNBCHAIN and @ethereum to enable cross-chain transfers of its native token. How CCIP unlocks cross-chain WECO transfers ↓…
12 months ago
ELYMPICS ANNOUNCE TON INTEGRATION AND INCENTIVISED TESTNET AT NEXT BLOCK EXPO, SETTING THE STAGE FOR MASS ADOPTION OF WEB3 GAMING
Warsaw, Poland, June 3rd, 2024, Chainwire Competitive Web3 gaming protocol, Elympics has announced a number of new initiatives which are set to realise the full potential of Web3 gaming and facilitate mass adoption. The announcements were made to an audience of over 1.500 Web3 influencers and enthusiasts at the Next Block Expo (NBX) in Warsaw, Poland and will bring its Compete-to-Earn model to gamers across the world. TON INTEGRATION Michal Dabrowski, Chief Executive Officer (CEO) of Elympics, announced from the…
1 year ago
Magpie Protocol API Gets First Integration in Mainline ALPHA
Dubai, UAE, May 28th, 2024, Chainwire Magpie Protocol announces its integration into the AI-powered auto-trading copilot, Mainline ALPHA, in what is the first integration of Magpie Protocol’s API. This integration will allow Mainline ALPHA users to leverage Magpie’s proprietary routing algorithm for fast, secure, and efficient cross-chain swaps. Mainline ALPHA is a platform offering each user a personalized AI based on their trading preferences. It lets users select their preferred risk and automation levels. At the same time, the AI…
1 year ago
Polygon CDK Facilitates Witness Chain’s DePIN Coordination Layer Integration
DePIN is coming to Ethereum, facilitated by Polygon that will enable the creation of composite DePIN dApps, merging DeFi and DePINs for innovative applications. Witness Chain is developing the DePIN Coordination Layer (DCL) that will enable DePIN innovative applications. Witness Chain has announced plans to develop a DePIN Coordination Layer (DCL). The platform has chosen Polygon to facilitate the integration of the project into the Ethereum ecosystem. Its choice to use Polygon highlights its relevance in the industry and particularly…
1 year ago
Ripple Partner Flare Networks Joins Forces with Hex Trust for USDX Stablecoin Integration in Billion-Dollar Stablecoin Market
Hex Trust Group is launching a stablecoin in partnership with Flare. The stablecoin is billed to drive utility to the broader DeFi ecosystem. Flare Networks, a prominent partner to Ripple Labs Inc has announced a partnership with digital asset custodian Hex Trust Group for USDX stablecoin integration. Flare’s Plans for USDX Stablecoin Launch According to the announcement, the USDX stablecoin is designed to help push the Flare ecosystem forward. Based on the partnership agreement, Hex Trust will use its tokenization…
1 year ago
Self-custodial Wallet MetaMask Plans Bitcoin Integration Soon: Report
MetaMask, a leading self-custodial wallet, plans to integrate support for Bitcoin (BTC). Known for its dominance in the Ethereum ecosystem, this move could enhance MetaMask’s appeal to a broader crypto audience. The integration aligns with the broader trend of interoperability in the blockchain space, promising a more versatile and user-friendly experience for crypto enthusiasts. MetaMask Embraces Bitcoin: What to Expect Although the exact timeline remains uncertain, sources suggest users might see Bitcoin functionality within the next month. Initially, features might…
1 year ago