Babylon Labs also unveiled the Babylon Genesis mainnet, a layer one blockchain powered by its native token “baby.
Binance is expanding its spot trading offerings with new USDC-based spot trading pairs for an array of tokens launching on March 13.
According to data from CoinMarketCap, XRP has a maximum supply of 100 billion tokens, with approximately 57 billion XRP circulating.
The Federal Deposit Insurance Corporation has started to directly monitor financial-technology companies that partner with banks across the U.S., Bloomberg News reported on Wednesday.
Thousands of Americans will receive little or nothing from savings accounts that were locked during the collapse of fintech middleman Synapse.
Ripple's Jasmine Cooper and Axelar's Sergey Gorbunov discuss advancements in real-world assets (RWAs), tokenization and interoperability.
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Web3 interoperability platform Axelar has launched the Mobius Development Stack (MDS) on its mainnet, describing it as “the first-and-only holistic interoperability platform.”
The integration of Axelar's MDS by major blockchains could significantly enhance web3's interoperability, fostering a more connected ecosystem. The post Sui, XRP Ledger, EigenLayer set to integrate Axelar's new Mobius Development Stack appeared first on Crypto Briefing.
Real World Assets (RWA) Tokenization is gaining traction in the crypto market. If you're an investor looking to diversify your portfolio or explore new opportunities, this analysis highlights some of the most promising RWA altcoins to consider in September.
A closely followed crypto strategist believes that one red-hot memecoin may have more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 217,600 followers on the social media platform X that PepeCoin (PEPECOIN) could retrace to a key level before resuming an uptrend. “Strong PepeCoin is doing well right now, showing a lot of strength.
The altcoin leader, Ethereum price continues hovering close to its $2,500 level, indicating weak buying and selling pressure for this crypto token in the market. Notably, it is presently trading with a price tag of $2,584.36 and has a market cap of approximately $305 Billion.
Binance Futures will launch the SYNUSDT Perpetual Contract on August 16, 2024, offering up to 50x leverage to enhance trading options.
Synapse, the interoperability protocol and cross-chain bridge, has seen its native token soar after Binance Futures news. On Aug. 16, the price of Synapse (SYN) surged to over $0.57 after gaining more than 40% in 24 hours.
Binance, the world's leading crypto exchange, on Friday made a significant announcement for the universal interoperability protocol Synapse. The crypto exchange revealed futures listing for SYN token.
Explore the top 5 Real World Asset tokens with 100% profit potential amid market volatility. Discover why Avalanche, Maker, Ondo, MANTRA, and Axelar are must-watch coins for the next two months.
Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta went missing weeks ago, according to one of the lenders involved.
Ripple (XRP) introduces XRPL EVM Sidechain with Axelar Bridge to enhance interoperability and streamline asset transfers.
TL;DR Ripple Labs and Axelar partner to launch the XRPL EVM Sidechain, integrating compatibility with the Ethereum Virtual Machine (EVM). The new sidechain will facilitate interoperability and open up new opportunities in decentralized finance (DeFi). Collaboration with Axelar and Peersyst Technology strengthens the security and efficiency of the sidechain.
Ripple's XRP Ledger has announced a new collaboration effort with Axelar, a programmable blockchain interoperability platform. AXL price surged on Wednesday as Ripple will use Axelar as the exclusive bridge for its XRPL EVM sidechain.
RippleX, the development wing of Ripple Labs, has unveiled a major update to the XRPL EVM sidechain, facilitating Ethereum Virtual Machine (EVM) compatibility with the XRP Ledger (XRPL). This major development is set to enhance interoperability and open up new avenues for decentralized finance (DeFi) and real-world asset (RWA) tokenization on XRPL.
Ripple announced it will use Axelar as primary bridge protocol for its upcoming EVM-compatible sidechain: XRPL EVM Sidechain.
There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are owed, according to the court-appointed trustee in the Synapse bankruptcy.
Axelar unveils a new product to make plugging into the Axelar network easier.
The cryptocurrency industry continues to display an increase in price volatility with mid-cap and low-cap altcoins recording the highest price fluctuations, highlighting an increase in the buying and selling pressure for these tokens within the crypto space.
Ethereum has seen slow growth amid the recent market crash, and partly fueled by the fading expectation of SEC approving Ethereum ETFs in may. ETH has experienced losses by 15% in the past week, facing resistance at $3,550, with Bitcoin also making a substantial pullback.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $66,000 level on Tuesday. Ethereum (CRYPTO: ETH) also recorded losses, falling below the key $3,400 mark this morning.
TAO, HNT, OP, KAS and AXL are the altcoins with the lowest weekly performance.
With every new year popping up on our calendar, the cryptocurrency space is going through tons of changes. In this evolving world, Binance has established itself as a trusted and star player.
In today's volatile cryptocurrency market, Axelar's AXL token has surged by an impressive 81% following the announcement of its listing on Binance, the world's largest cryptocurrency exchange. The listing news, which came directly from Binance, triggered a flurry of trading activity, propelling AXL's price to $2.73 per token, marking an astonishing increase from its pre-announcement level of $1.49.
The XRP Ledger partners with Axelar to boost real-world asset tokenization with cross-chain interoperability.
Ripple has tapped a Canadian startup for RWA tokenization XRP Ledger (XRPL).
Ripple and Axelar Partner to Boost Real-World Asset Tokenization on XRP Ledger.
All the details on the new partnership for an interconnected blockchain ecosystem
The partnership between Ripple and Axelar is part of a strategic move into tokenizing real-world assets.
Latest updates for SMOKE, OSMO, and AXL coins
Chaos ensues in the DeFi world. The Lido protocol finds itself in the midst of controversy after LayerZero, a leading company in building interoperability infrastructure for blockchains, launched a crypto bridge for Lido's stETH token without obtaining prior permission from Lido DAO, the community overseeing the protocol.
The rival proposal received over81% of votesin a recent poll, whereas LayerZero's proposal garnered just 5% support.
LayerZero launched a Lido stETH bridge last October without asking for Lido DAO's permission. The community responded this week by endorsing a pair of its biggest competitors.
Hong Kong Exchanges and Clearing Limited (HKEX) announces the launch of HKEX Synapse, a settlement acceleration platform designed to improve market efficiency and transparency for Northbound Stock Connect participants. The platform, set to launch on October 9, 2023, will employ DAML smart contracts to streamline post-trade operations.
In a significant stride towards modernizing the world of financial markets, the Hong Kong Stock Exchange (HKEX) has introduced Synapse, a groundbreaking settlement platform. Synapse, which leverages smart contracts and blockchain technology, aims to revolutionize transaction handling, offering a faster, more transparent, and efficient experience for all market participants.
Hong Kong Exchanges and Clearing Limited (HKEX) announced on October 4 a novel platform called “Synapse.” Designed to streamline post-trade processes, this platform will deploy smart contracts in the DAML programming language.
DYdX has integrated with Axelar's cross-chain infrastructure for enhanced onboarding to its version 4 that includes an appchain model.
BNB Chain's opBNB deploys on mainnet, while Synapse's layer-2 chain based on the OP Stack launches — check out the latest DeFi news in our weekly roundup.
Lido Finance has established its roots in the liquid staking sector of DeFi, with its LDO/USD token having a market cap of $13.8 billion.
In a significant move towards enhancing cross-chain interoperability, Neutron (CRYPTO: NTRN) and Axelar (CRYPTO: AXL) have teamed up to introduce Lido's wrapped liquid-staked ETH (CRYPTO: wstETH) to the Cosmos (CRYPTO: ATOM) platform. This initiative is expected to bolster the expansion of wstETH and other assets within the Cosmos ecosystem.
Lido has selected Neutron and Axelar to launch its wrapped liquid staked ether (wstETH) token into the Cosmos ecosystem.
In a stunning turn of events, Synapse, a prominent player in the world of decentralized finance (DeFi), finds itself in the midst of a crisis. The project's community is in turmoil as an unknown liquidity provider recently dumped a significant amount of SYN tokens and removed liquidity, causing a sharp drop in the coin's value.