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
Polygon (MATIC) Integration Elevates User Experience on CryptoGames
CryptoGames, a popular gaming casino announced the integration of Polygon Network on its platform to enhance user experience. This cooperation proves CryptoGame’s commitment to providing players with a swift and secure gaming experience positioning itself at the top of the gaming industry. CryptoGames, a prevalent cryptocurrency casino has made a huge lip towards improving user experience by joining forces with Polygon. In the constantly changing landscape of cryptocurrency casinos, CrytoGames takes the upper hand as this integration ascertains improved functionality,…
1 year ago
US TikTok Buyer Eyes Decentralization, Polkadot Integration for Data Protection
Billionaire Frank McCourt is among the parties who have put in a bid for TikTok in the US, and there are reports that he could decentralize the social media giant on Polkadot. McCourt is an outspoken critic of Big Tech and has been calling for users to own their data for years, lending credence to the reports about a big shift in TikTok America’s model. The future of TikTok in the US could be decentralized, and Polkadot is leading the…
1 year ago
Atleta Network Launches as First Blockchain Platform Tailored for Sports Industry, Revolutionizing Web 3 Integration
Amtsgericht München, Germany, May 15th, 2024, Chainwire Atleta Network, the first blockchain platform for the sports industry marking the possible beginning of the sports industry transition into Web 3. In recent years, the interest in Web 3 technologies has been rising exponentially. Multiple major sports clubs (e.g. FC Barcelona, Liverpool) and leagues (e.g. La Liga, NBA) applied blockchain for sports NFTs, ticketing, and fan engagement. And they don’t seem to stop exploring the Web 3 potential for monetization, engagement, internal…
1 year ago
One Trading Extends the Reach of its Institutional Trading Services in Europe Through Integration with Talos
London, United Kingdom, May 16th, 2024, Chainwire Talos, the premier provider of digital asset trading technology for institutions, and One Trading, a crypto trading venue headquartered and regulated in the European Union, announced an integration designed to expand liquidity access for institutions. As part of the collaboration, One Trading joins the Talos network of liquidity providers, expanding the possible destinations for their shared clients looking to achieve best execution. Talos users will now be able to access One Trading’s high-speed…
1 year ago
Enhancing IOTA: The Significance of EVM Integration
EVM integration allows seamless interaction between IOTA and Ethereum-based applications, developers gain access to a wealth of tools and libraries. Alongside the EVM integration, IOTA is bolstering its infrastructure with new services for Oracle providers and global RPC nodes. The recent integration of the Ethereum Virtual Machine (EVM) into the IOTA ecosystem marks a significant milestone, unleashing a wave of innovation with far-reaching implications. With EVM integration, IOTA opens doors to seamless collaboration between its platform and Ethereum-based applications, facilitating…
1 year ago
IOTA Ecosystem Unites: Bloom Wallet and Deepr Finance Integration Set to Revolutionize DeFi
Deepr Finance has integrated Bloom Wallet to offer seamless asset management and streamlined processes, including lending and borrowing. The integration will also offer users a smoother, more intuitive interface that harnesses the best of both platforms. Decentralised lending platform Deepr Finance has announced the integration of Bloom Wallet to revolutionise DeFi in the IOTA ecosystem. Deepr released its testnet version early last year on Shimmer and has grown rapidly since. Bloom, on the other hand, is an ecosystem that offers…
1 year ago
EU Watchdog Considers Crypto Integration Into $12.88 Trillion Investment Market
Europe’s securities regulator is seeking input from stakeholders on the potential inclusion of crypto assets in a potentially massive market. The European Securities and Markets Authority (ESMA), the regulatory authority responsible for overseeing financial markets within the European Union, has recently initiated a comprehensive review of the regulations surrounding the Undertakings for Collective Investment in Transferable Securities (UCITS) Eligible Assets Directive (EAD). This move could potentially enable the integration of cryptocurrencies into a vast investment market valued at approximately €12…
1 year ago
Chainlink CCIP Integration Expands Cross-Chain Capabilities for Index Coop on Ethereum and Arbitrum
Index Coop announces the integration of Chainlink CCIP to facilitate cross-chain transfers for the DPI and MVI index tokens. The decision to choose Chainlink CCIP stems from its proven track record and the provision of an extra layer of security. Decentralized Autonomous Organization (DAO) and the leading provider of on-chain products, Index Coop, has made a significant decision to integrate Chainlink (LINK) CCIP on its Ethereum and Arbitrum mainnet. According to the announcement, the decision is meant to ensure the…
1 year ago
peaq Blockchain Integration Marks Milestone for Synternet’s Data Layer Evolution
Image: Synternet x peaq Synternet integrates peaq, a Layer 1 blockchain, as a Publisher on its Data Layer. This enables developers on the network to build innovative DApps that solve real-world problems. Synternet, a blockchain data infrastructure, announced the integration of peaq, a blockchain designed to be the go-to backbone for DePIN and Machine RWAs, as a Publisher on its data layer. The integration will unlock various real-world use cases on Synternet, allowing the development of event-driven applications on the…
1 year ago