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…
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Effortless Earnings: Plus Wallet Pays Its Users on Every Swap; Trust Wallet Signs New Partnership & Pi Network Preps for Mainnet
New developments in the crypto world continuously transform and reshape the user experience, with the crypto wallet industry perhaps leading the charge. Trust Wallet is celebrating its anniversary through a partnership with ChainGPT, bringing AI-driven NFT creation to its large user base. Meanwhile, Plus Wallet provides users with instant rewards on every swap, turning routine transactions into profitable opportunities. Beyond rewards, it prioritizes security with advanced encryption and protective features, making it one of the safest crypto wallets for secure…
8 months ago
Asia’s Kaia Blockchain Launches On Mainnet Aiming To Connect Millions To Web 3 Services
Developed by two of Asia’s largest messaging apps, Kakao and LINE, Kaia’s mainnet launch signals a new opening for millions of users to Web 3 services. In an announcement this week, Kaia, a high-performance layer 1 blockchain aiming to bring innovative Web 3 services to users across Asia, confirmed the launch of its long-awaited mainnet. The mainnet launch coincides with the unveiling of the Kaia Wave Builder support program, designed by Kaia and LINE NEXT “to accelerate consumer adoption…
8 months ago
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mainnetSphereX Mainnet is Live: The Journey to $HERE and Beyond
Singapore, Singapore, September 26th, 2024, Chainwire SphereX is excited to announce the official launch of its mainnet, marking a key milestone in decentralized finance (DeFi). Powered by zkLink Nova’s Layer-2 scaling technology, the SphereX mainnet offers a faster, more efficient trading experience with lower fees and greater scalability. This launch sets the stage for SphereX to further its mission of democratizing finance and making trading more accessible to users globally. zkLink Nova: Elevating the SphereX Experience By integrating zkLink Nova’s…
9 months ago
Payments Network Fuse Announces Ember Upgrade and Mainnet Launch
Fuse, the blockchain for payments, has shared details of its new-look roadmap and launch strategy. The plan will support Fuse’s goal of relaunching as a zkEVM L2 that will allow it to take advantage of emerging technologies including private payments. It’s also revealed plans to revamp its tokenomics and to host a public node sale in Q1 that will see 50,000 nodes made available to the community, each represented as an NFT. Ember to Spark the Rebirth of Fuse Fuse…
9 months ago
Aleo Launches Mainnet, Bringing Zero-Knowledge Cryptography to the Masses
San Francisco, United States, September 18th, 2024, Chainwire Aleo’s L1 creates a new ecosystem for secure and programmable applications that allow users a new level of control over their data Today, the Aleo Network Foundation officially announced the launch of the Aleo Network, a layer-1 blockchain that combines general-purpose programmability with the power of zero-knowledge proofs (ZKPs). The network enables the next generation of decentralized apps that provide data confidentiality to users and scale to enterprises. Mainnet marks a critical…
9 months ago
Particle Network Integrates Elastos Mainnet, Enabling Web2 Logins And Gasless Transactions
Singapore, Asia, September 12th, 2024, Chainwire Since announcing their partnership at Bitcoin Nashville, Elastos and Particle Network have quickly reached a key milestone in simplifying user onboarding.Developers can now build dApps that make it easier for Web2 users to get started, expanding adoption. Elastos, a SmartWeb ecosystem provider, today announced that Particle Network, an L1 blockchain aggregator, has integrated the Elastos Smart Chain (ESC) Mainnet. This marks the first major milestone since their partnership announcement at Bitcoin Nashville 2024. The…
9 months ago
Solana Challenges Ethereum’s Throne as DeFi King: Why Mainnet Launch Could Push DTX to 1440% Rally
The post Solana Challenges Ethereum’s Throne as DeFi King: Why Mainnet Launch Could Push DTX to 1440% Rally appeared first on Coinpedia Fintech News As Solana (SOL) continues to gain traction in the DeFi space, it poses a significant challenge to Ethereum (ETH) ‘s dominance. With the upcoming DTX mainnet launch, there is speculation that this event could spark a massive 1440% rally, drawing even more attention to Solana’s growing ecosystem. In this article, we will discuss how Solana’s advancements…
9 months ago
Crypto Leaders Eye QuickSwap’s Ethereum Mainnet Launch Amidst Market Volatility
QuickSwap persists as a beacon of innovation and reliability amid the collapse of Web3 projects globally. As the cryptocurrency world weathers a storm of uncertainty, with web3 projects collapsing under market pressures and scams — QuickSwap, the leading DeFi suite on Polygon, remains resilient as a beacon of innovation. Widely recognized for its hit web3 podcast "The Aggregated" on X, the exchange is now setting its sights on expanding to the Ethereum mainnet, a move that has caught the attention…
9 months ago
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mainnetCreditcoin Launches EVM’compatible Mainnet and CreditWallet App
Layer one blockchain Creditcoin announced the launch of its Ethereum virtual machine-compatible (EVM) mainnet. According to an Aug. 28 Creditcoin announcement, the EVM-compatible mainnet launch is paired with the release of the dedicated CreditWallet application. This mobile app is meant to simplify cross-blockchain transfers between the EVM-compatible and Substrate-based blockchains. The wallet is non-custodial and will make it easier for users to move assets and interacts with decentralized applications (DApps) across different ecosystems. The new mainnet’s EVM compatibility will allow…
9 months ago