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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DigiFT Launches US Dollar Money Market Fund Token To Offer Stablecoin Holders An Actively Managed Investment Solution On-chain
Singapore, Singapore, April 8th, 2024, Chainwire DigiFT, the first on-chain Real World Asset (RWA) exchange regulated by the Monetary Authority of Singapore (MAS), is proud to announce the launch of its second-series RWA depository receipt (DR) token. The DigiFT USD Money Market Fund Token (DMMF), aims to offer a new cash management option for investors interested in exploring alternatives within the crypto space. According to the company, the launch of DMMF token comes at a time when the demand for…
1 year ago
QuantAMM Secures $1.85 Million in Pre-Seed Funding Round for On-chain Asset Management Solution
London, United Kingdom, April 6th, 2024, Chainwire QuantAMM, the on-chain asset-management infrastructure provider, is thrilled to announce the successful closure of a $1.85 million pre-seed funding round. Investors such as 8VC, Mako, Marshland Capital and 369 Capital join the pre-seed funding round as well as influential TradFi and DeFi angels. This milestone follows QuantAMM's completion of prestigious Longhash and Hypernest accelerator programs while Chainlink has also joined the cap table as part of QuantAMM’s membership of the BUILD program. At…
1 year ago
SHIB Supporter Urges Buterin to Use Shiba as Solution Amid Ethereum Security Concerns
The post SHIB Supporter Urges Buterin to Use Shiba as Solution Amid Ethereum Security Concerns appeared first on Coinpedia Fintech News Labib, a Shiba Inu (SHIB) supporter, recently took to Twitter with a compelling proposition for Vitalik Buterin, the founder of Ethereum. He highlighted the escalating concerns over Ethereum’s gas prices and the recent disruptions experienced by the Solana blockchain, suggesting an unconventional yet intriguing solution. Labib proposed the use of Shiba Inu as a “magical solution” to mitigate these…
1 year ago
Solana Foundation Proposes Filtering Solution for Offensive Memecoins – Will This Boost SOL to New ATH?
A panel discussion participated by stakeholders debate on how to fix the emerging meme coins with racist themes. According to the head of strategy at Solana Foundation Austin Federa, Solana wallets filter out offensive content to sanitize the space. More than 1900 meme coins have emerged in the crypto ecosystem with CoinMarketCap displaying their total market capitalization to be $66.9 billion. Interestingly, many appear to have unique and funny names and descriptions but some have been pointed out for taking…
1 year ago
SWIFT Announces Findings Of Second Phase Of CBDC Solution Test
Global bank messaging system SWIFT has announced the findings of the second test phase of its CBDC solution after a successful six-month test period. SWIFT did not create its own central bank digital currency (CBDC); instead, it developed the SWIFT connector, an interlinking solution for existing CBDCs. SWIFT Announces Second Phase Findings SWIFT has announced the findings of the second phase of its industry-wide sandbox testing on its central bank digital currency interlinking solution. Results have shown that the SWIFT…
1 year ago
LIFULL And Securitize Create a Blockchain-powered Solution for Japan’s Real Estate Problems
The Tokyo-based LIFULL has teamed up with Securitize, a compliance platform for token issuers, to address Japanese real estate problems. The collaboration employs a blockchain-powered solution that tackles the large number of vacant homes in the Japanese countryside. LIFULL and Securitize Collab Presents Great Promise Thanks to the partnership, the two companies have successfully developed a new real estate digital security issuance system in Japan. The piloting stages of this new system have given great promise. The blockchain and digital…
5 years ago