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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TestnetAnnouncing the ZKcandy Voyage Public Testnet
Singapore, Singapore, September 9th, 2024, Chainwire ZKCandy is excited to announce the launch of the ZKcandy Voyage public testnet, a major milestone in ZKcandy’s mission to create a fast, low gas fee, and vibrant gaming ecosystem utilizing cutting-edge zero-knowledge proof technology, powered by ZKsync.ZK Chain Launched with Tremendous Community Support The public testnet launch comes off the back of a very successful closed testnet campaign called the ZKcandy OG Voyage that ran for 2 weeks prior. ZKcandy is among the…
9 months ago
DTX Exchange’s Layer-1 Blockchain Soars After Testnet Launch
New York, New York, August 28th, 2024, Chainwire DTX Exchange (DTX) has taken center stage in the crypto market after announcing the much-awaited testnet launch. The decentralized trading platform has also surpassed $1.8 million raised in its ongoing presale weeks ahead of expected. This development is expected to accelerate the development of a unified trading ecosystem. Analysis of DTX Exchange’s Unified Platform DTX Exchange (DTX) was envisioned as a cutting-edge platform that brought together conventional and decentralized assets under a…
9 months ago
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TestnetEuclid Protocol Launches its First Incentivized Testnet, Aurora
Dubai, United Arab Emirates, August 15th, 2024 - Coinscribble by Coinbound / Euclid Protocol, a revolutionary modular liquidity infrastructure layer, is thrilled to announce the launch of its first incentivized testnet, Aurora, that will go live on August 25th, 2024. This milestone marks a significant step towards transforming liquidity management and interoperability across the blockchain ecosystem. Having successfully raised over $700,000 in its pre-seed funding round, Euclid Protocol is set to redefine liquidity flows within the decentralized finance landscape. Aurora,…
10 months ago
exSat Launches Its Bitcoin Testnet With Support From Leading Validators
The exSat testnet is live with seven web3 infra providers onboarded and providing validator duties. The launch, which was announced at Bitcoin 2024 in Nashville, will mark a new era for scaling Bitcoin architecture to support dapps designed for enterprise and consumer use. Singapore company ChainUp is one of the first validators confirmed to have joined the exSat testnet along with Bitget. It’s accompanied by experienced node operator Everstake, HashKey Cloud, InfinityStones, SpiderPool, and Treis Blockchain. Together, they’ll be providing network…
10 months ago
LayerEdge Unveils Testnet for HMDA, Modular Timestamping Protocol on Bitcoin
In recent developments in the Bitcoin space, LayerEdge has launched HMDA’s testnet, a pioneering protocol that enables secure and verifiable timestamping on Bitcoin. This advancement promises enhanced security and efficiency across rollups & PoS-based chains, positioning Bitcoin as the source of truth. Introducing LayerEdge’s HMDA Protocol LayerEdge’s Hybrid Modular Data Availability (HMDA) protocol has been unveiled as a key innovation in the Bitcoin space. Engineered to seamlessly integrate with leading frameworks and Data Availability (DA) layers, HMDA solidifies Bitcoin’s role…
11 months ago
Avalanche and ContinuumDAO Partner for Seamless Integration on Testnet
ContinuumDAO’s integration with the Avalanche ecosystem marks a significant milestone, leveraging Avalanche’s scalability and fast transaction finalization. The peer-to-peer node network, known as the Continuum, promises to play a pivotal role in web3 architecture by facilitating cross-chain functionality. In a major announcement on Thursday, July 11, the decentralized MPC network ContinuumDAO announced its integration with the Avalanche ecosystem, a smart contracts platform known for its infinite scalability and rapid transaction finalization. The integration of C3Caller into ContinuumDAO’s testnet represents a…
11 months ago
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TestnetPolygon’s Miden Testnet Gets Upgraded with Sub-Second Order Updates
Polygon has recently announced the launch of the Miden Alpha Testnet V3. Polygon has achieved a notable feat in the NFT market, surpassing Bitcoin and Solana in daily NFT sales volume. Polygon (MATIC) recently announced the launch of the Miden Alpha Testnet V3, a zkEVM rollup, in a blog. The Miden Alpha Testnet V3 aims to improve the blockchain environment by allowing the generation and implementation of zero-knowledge proofs. This latest version provides support for standard smart contracts to enable…
11 months ago
Certo Expands Testnet to Include USDC Deposits for stUSD, its Interest-Earning Stablecoin
Zurich, Switzerland, July 8th, 2024, Chainwire Quick take Certo protocol, decentralized stablecoin lending, previously working with USDT, has added support for USDC deposits and borrows.stUSD is an interest-earning stablecoin utilizing Certo — a P2P lending protocol designed to work with tokenized real-world assets in the form of U.S. Treasuries. Certo, as detailed on certo.finance, represents a pioneering approach in the realm of decentralized finance (DeFi). It is a peer-to-peer (P2P) lending platform that brings real-world assets into the space. Specifically, Certo facilitates…
11 months ago
IOTA Foundation’s Q2 2024 Report: EVM Launch, Testnet Progress, and Strategic Advances
IOTA’s Q2 2024 report highlights the IOTA 2.0 Testnet launches, including PoS consensus and Mana, for a greener and more efficient network. The IOTAGrants initiative allocated $2.74 million to 25 projects, enhancing the DeFi ecosystem and advancing global trade and regulatory collaborations. According to the Q2 2024 Progress Report dated July 2, 2024, significant strides were made in fostering business-to-business integration. The IOTA Foundation’s development during the past quarter included the launch of the IOTA EVM chain, advancements in decentralization…
11 months ago