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…
IOTA
IOTA EVM Launch After One Month: These Billion-Dollar Industries Can Be Leveraged With the High Tech Infrastructure
Partnering with Stargate Finance and LayerZero Labs, IOTA has enhanced interoperability via Stargate’s V2 bridge, supported by LayerZero’s omnichain framework. BlastAPI has integrated with IOTA EVM, providing robust endpoints for decentralized applications (dApps) and enabling developers to interact effectively with the network. The IOTA EVM has been live for almost a month, offering exciting opportunities for builders and developers to leverage its capabilities. The official handle of IOTA on X recently shared how users can take maximum advantage of the…
12 months ago
IOTA and Blast API: Enhancing dApp Interactions Seamlessly
IOTA integrates the Blast API, offering reliable and powerful endpoints for enhanced dApp performance and accessibility. The Blast API provides optimized throughput and low latency, crucial for successful interactions with the IOTA EVM network. With the announcement of the integration of the Blast API with its Ethereum Virtual Machine (EVM) IOTA, it promises dependable and powerful endpoints for decentralized applications (dApps) and users. Any dApp ecosystem has to be successful, and this integration is designed to guarantee quick and easy…
12 months ago
Say Hello to Smoother DeFi: IOTA EVM Integrates Stargate V2
Stargate V2 integrates with IOTA EVM, boosting blockchain interoperability and DeFi access. IOTA EVM gains massive user base and reduced fees through Stargate V2 integration. Through the integration of the liquidity transit protocol Stargate V2, IOTA EVM and the larger Web3 area are now connected via a bridge. Acting as a link, Stargate allows money and assets to move between blockchains that were before cut off. Utilizing the features of LayerZero V2, a sophisticated omnichain interoperability framework, Stargate guarantees effective…
12 months ago
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IOTAIOTA Foundation Expands Leadership with New Supervisory Board and Director Appointments
In alignment with its mission to drive real-world applications of IOTA technology, the IOTA Foundation has created the Technology Adoption Department. This new division will focus on promoting the adoption of IOTA across various industries. As the IOTA ecosystem continues to make progress with new technology innovations and partnerships, the IOTA Foundation is revamping its top leadership that can guide through the next phase of growth for the IOTA ecosystem. The IOTA Foundation has appointed Dr. Navin Ramachandran to its…
12 months ago
IOTA EVM Endpoints Now Live on Blast for Seamless Development
IOTA EVM endpoints are now live on Blast, offering developers NFTs, token-related smart contracts, governance and gaming dApps, and more tools. Blast API will offer over 87,000 reliable and powerful endpoints, maximizing the stability and availability of IOTA EVM. Blast API has announced the integration of IOTA EVM in the latest update for the network’s first fully EVM-compatible smart contract chain. Blast now supports #IOTAEVM endpoints, enabling seamless tokenization of #RWA with feeless transactions, MEV protection, and magic #SmartContracts .…
12 months ago
IOTA’s DeFi Reach Grows as Rabby Wallet Integrates IOTA EVM
Web3 wallet Rabby has integrated IOTA EVM soon after LayerZero announced the integration of IOTA EVM into its cross-chain protocol. Reports on the official site disclose that Rabby was designed to enable a simplified and easy DeFi transaction. A Web3 wallet by DeBank, Rabby, has announced the integration of IOTA EVM to enhance the multi-chain Decentralized Finance (DeFi) experience. According to the report, the integration would enable users to have optimized benefits by switching between chains while using the DeFi…
12 months ago
IOTA EVM Integrates Pyth Network Oracles: Boosting DeFi Data Reliability
The IOTA Foundation has integrated Pyth Network’s oracle services into its Ethereum Virtual Machine (EVM), enhancing data accuracy and security for dApps. Pyth Network, trusted by over 300 applications and 50 blockchains, provides low-latency price feeds for more than 500 assets, making it a key player in the DeFi space. In the latest development, the IOTA Foundation announced that Pyth Network has deployed its oracle services on IOTA’s Ethereum Virtual Machine (EVM). Oracles are essential for bringing trusted real-world data…
12 months ago
Interview: IOTA Foundation Plans to Bring Billions of Assets on-Chain through RWA Tokenization, Says Dominik Schiener
Dominik Schiener emphasized IOTA’s strategic shift towards Real-World Asset (RWA) tokenization, aiming to digitize billions of assets onto the ecosystem. Schiener emphasized IOTA’s pioneering use of Directed Acyclic Graph (DAG) technology, distinguishing it from other cryptocurrencies and enabling seamless collaboration with various entities globally. Collin Brown: Mr. Schiener, thank you for taking the time for this interview. Let’s start with a basic question: What inspired you to found IOTA? Dominik Sheiner: When crypto started to take off, it was driven…
12 months ago
IOTA News Rumors: Major 9-Figure RWA Project Set to Launch on IOTA Next Month, Reveals Insider
Discussions with IOTA developers suggest that a significant company is preparing to launch a real-world asset (RWA) initiative valued at over USD 100 million. Jeff Riseden elaborated on the relationship between real-world asset (RWA) values and the purchase of IOTA tokens. In a recent update shared by Jeff Riseden, a prominent figure in the IOTA community, exciting news has surfaced regarding a potential groundbreaking project. According to Riseden, discussions with key developers indicate that a significant company is gearing up…
1 year ago