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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Xandeum to Unveil Solana Scaling Solution, XAND Token Launch and Liquid Staking at Breakpoint 2024
LAS VEGAS, United States, September 19th, 2024, Chainwire Blockchain storage layer Xandeum has announced that it will reveal its blueprint for scaling Solana storage at Breakpoint 2024 on September 20, 2024. At the flagship Solana conference in Singapore, Xandeum will also share details of its new storage-enabled liquid staking program and officially announce the launch of the XAND token. Designed to overcome the limitations of Solana’s current storage model, Xandeum’s technology will allow dapps to scale by accessing virtually unlimited…
9 months ago
SwapSpace Introduces Crypto Loans – A Solution for Asset-Backed Borrowing
Kingstown, St. Vincent and the Grenadines, September 16th, 2024, Chainwire SwapSpace, a leading cryptocurrency exchange aggregator, is thrilled to unveil its new Crypto Loans feature in collaboration with CoinRabbit, a service designed to help crypto enthusiasts manage their portfolios. With SwapSpace Crypto Loans feature, users can access stablecoins without selling their digital assets, providing flexibility for those who wish to maintain long-term positions in cryptocurrencies while addressing other financial needs. Key Features of the SwapSpace Crypto Loans: Wide Range of…
9 months ago
Viking Fehu Launches Revolutionary In-App Payment Solution in Partnership with SkillShot
In a significant milestone for the cryptocurrency and gaming industries, Viking Fehu has announced the deployment of their cutting-edge in-app payment solution, in collaboration with gaming platform SkillShot. This innovative software aims to streamline and enhance the user experience by offering seamless, secure, and efficient payment options within apps and games. Viking Fehu, a forward-thinking crypto company, has been making waves with their commitment to advancing blockchain technology. The new in-app payment solution is the latest product of their relentless…
10 months ago
Aventus Supply Chain Solution Demonstrates Polkadot’s Impact on Aviation Inudstry
London, United Kingdom, August 7th, 2024, Chainwire Blockchain-based solution drives significant improvements in data visibility, accuracy and operational efficiency within cargo handling sector, according to research conducted by Aventus at Heathrow Airport Airlines can benefit from overall cost savings in their cargo handling operations by leveraging Web3-based solutions, according to a study conducted by Aventus & Airport Perishables Handling (APH) at Heathrow Airport. The existing toolset used for global ULD management has remained unchanged since the 1990s and relies heavily…
10 months ago
Trump Floats Bitcoin Payments As Solution To $35 Trillion US Debt Crisis
In a recent interview with Fox News, former President Donald Trump voiced support for using Bitcoin as a tool to help pay down the United States’ $35 trillion national debt as he positions himself for a potential 2024 presidential re-election, while also signaling a notable shift in the Republican party’s stance on digital assets. Trump’s Strategy To Tackle $35 Trillion Debt With Bitcoin “Crypto is a very interesting thing, very high level in certain ways, intellectually very high level,” Trump…
10 months ago
Lumia Introduces Layer 2 Solution to Boost Real World Asset Liquidity
Layer 2 network Lumia has released a new layer 2 (L2) network for Real World Assets (RWAs). This is to improve onchain liquidity, access and enable new use cases for tokenized assets. The Lumia network is a modular L2 rollup for RWAs. This allows for the issuance of tokenized assets that represent real estate, commodities, art, equities and financial indexes. By onboarding physical assets into digital finance, Lumia is connecting the physical with the digital, making tokenized assets more accessible and…
11 months ago
Bitget Wallet Launches Industry’s First MPC Wallet Solution Supporting TON Mainnet
Victoria, Seychelles, July 9th, 2024, Chainwire Bitget Wallet, a leading Web3 wallet solution in the TON ecosystem, has introduced the industry’s first MPC wallet supporting the TON mainnet. This launch aligns with the rise of Telegram mini-apps, enhancing user experience. Bitget Wallet’s MPC solution has expanded its support to include the TON and Solana mainnets, adding to its existing network coverages that spans Bitcoin and various EVM blockchains. Moving ahead, the Bitget Wallet team plans to further amplify its MPC…
11 months ago
Justin Sun New Solution: No Gas Fees for Stablecoin Transfers
TRON’s new solution allows gas-free stablecoin transfers, covering costs entirely covered by the stablecoin itself. Justin Sun’s innovative service will first launch on Tron and then expand to Ethereum and EVM-compatible chains. In a recent tweet, TRON CEO Justin Sun said that his team is working on a novel way to enable gas-free stablecoin transfers. The new solution allows transfers to be completed without the need of gas tokens, with the stablecoin covering all costs. Implementation Across Multiple Blockchains This…
11 months ago
Lif3.com partners with evmOS to deploy “Lif3 Chain,” first Layer-1 solution with curated DeFi contracts
Roadtown, British Virgin Islands, July 2nd, 2024, Chainwire Lif3.com (LIF3/USD)(LIF3/USDt), the revolutionary omni-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom through LayerZero bridging, is thrilled to announce its premier partnership with evmOS to launch the world's first Layer-1 solution, “Lif3 Chain” designed for public permissionless use with curated contract deployment. The partnership sets a new standard in blockchain technology, DeFi safety, allowing for seamless, secure, and efficient deployment of smart contracts while maintaining the highest…
11 months ago