Xandeum, a storage scaling solution for Solana, announced that its liquid staking program has surpassed $8 million in total value locked (TVL). More than 30,000 SOL tokens are now staked through Xandeum, driven by an average annual percentage yield (APY) of over 15%. This APY is double that of comparable liquid staking pools such as…
Technology
November 20, 2024 – Johannesburg, South Africa — Yellow Card, a prominent provider of stablecoin-based infrastructure in Africa, has received a Crypto Asset Service Provider (CASP) license from the Financial Sector Conduct Authority (FSCA) in South Africa. The license reinforces Yellow Card’s commitment to regulatory compliance and its efforts to expand access to secure cryptocurrency…
November 21, 2024 – Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has launched a verified WhatsApp channel to provide users with a secure and trusted platform for official updates. This marks Binance’s entry as one of the first major global crypto exchanges to establish a presence on WhatsApp, a messaging app…
Prom, a blockchain network leveraging Polygon SDK, has officially launched its mainnet, signaling a new phase in scalable blockchain solutions. This comes after a successful testnet campaign that recorded over 25 million transactions and engaged 2 million unique wallets. The network's innovative zero-knowledge (ZK) proof technology promises enhanced throughput, reduced transaction costs, and heightened security.…
Fhenix, an Ethereum Layer 2 solution known for its innovative use of Fully Homomorphic Encryption (FHE), has unveiled the Nitrogen testnet, marking a significant step forward in decentralized blockchain technology. This new iteration brings advanced decryption capabilities and major improvements to decentralization, performance, and security. What Makes Nitrogen Stand Out? The Nitrogen upgrade introduces a…
Lunar Digital Assets (LDA), a leading Web3 marketing and incubation firm, is redefining how Web3 communities connect, grow, and thrive. Through a trifecta of influential podcasts—"The Aggregated", "Innovation in the Cosmos", and "Dogechain Roundtable", LDA has successfully united diverse Web3 communities while amplifying adoption and innovation across decentralized platforms. "The Aggregated" by QuickSwap: Bridging Web3…
Toronto, Canada – November 18, 2024 – Northstake A/S, a leading EU-regulated virtual asset service provider, has unveiled an innovative ETH validator marketplace designed to address liquidity challenges for institutional investors. This initiative is poised to transform Ethereum staking, making it more accessible and lucrative for asset managers. The marketplace allows institutions to trade ETH…
In the ever-evolving landscape of cryptocurrency, the past three days have been a whirlwind of developments, showcasing the dynamic nature of digital assets. Here's a breakdown of what's been happening: Bitcoin's Volatility and Surge Bitcoin's Rollercoaster: The king of cryptocurrencies, Bitcoin, has seen a dramatic rollercoaster ride, breaking through new all-time highs to reach approximately…
The global cryptocurrency market has reached an all-time high, with total capitalization exceeding $3.2 trillion, according to data from CoinGecko. This milestone surpasses previous peaks set in 2021, driven by a combination of technological advancements, regulatory optimism, and increased investor interest in digital assets. What’s Driving the Market Surge? Several factors have contributed to the…
Northstake A/S, a regulated virtual asset service provider based in Copenhagen, Denmark, has unveiled an exciting development for institutional Ethereum (ETH) staking. On November 14, 2024, Northstake announced the addition of Keyrock, a leading market maker, to its ETH validator marketplace. This partnership promises to revolutionize liquidity access for institutional stakeholders while aligning with compliance…