Donald Trump's inauguration as the 47th U.S. president is expected to usher in a new era for cryptocurrencies, according to Wormhole Foundation general counsel Cathy Yoon. Trump officially takes office on Jan.
FEG token exploit allowed a hacker to steal over $1 million across multiple chains, leaving holders down 99%.
Wormhole is working with Nuffle Labs on a solution to expand EigenLayer's restaking functionality beyond the Ethereum ecosystem.
Wormhole extends support for Circle's Cross-Chain Transfer Protocol, enabling seamless USDC transfers across major blockchains with enhanced liquidity and developer integration.
Crypto airdrops farmers have ten valuable opportunities to receive free cryptocurrency tokens from projects backed by renowned investors.
PayPal USD (PYUSD) will now facilitate cross-chain transfers between Ethereum and Solana through Wormhole, enhancing stablecoin transactions and interoperability.
A widely followed crypto trader is predicting that two altcoins will rally to fresh all-time highs while updating his outlook on Bitcoin (BTC) and cross-chain protocol Wormhole (W).
With a minor recovery in Bitcoin after a crash from $65K to $60K amid global market corrections, the altcoins are rising again. Amidst the relief, some quick-to-react altcoins are teasing a price jump in a bull market ahead.
It has been a brutal week for cryptocurrencies as most of them erased gains made last week when investors cheered the Federal Reserve interest rate cuts and the robust stimulus from Chna, the second-biggest economy worldwide.
Despite Bitcoin's plunge below $63,000 due to Middle East tensions, W, CFX, and OM surged, bucking the broader market trend.
Cryptocurrencies, stocks, and other risky assets received another catalyst on Friday, Sept. 27, after the U.S. government published encouraging inflation data.
Cryptocurrency Market Overview: The overall market capitalization of cryptocurrencies worldwide has increased by 1.75% in the last day to reach $2.3 trillion, indicating that the market is still on the rise. The 24-hour volume increased 31.14% due to increased trading activity, reaching $89.75 billion.
Story Highlights Nervos Network price prediction estimates a high of $0.078 by the end of the year 2024. The live price of the CKB token is With a potential surge, the Akash Network's price may record a high of $0.4005 during the year 2030.
Sky, a decentralized finance protocol rebranded from MakerDAO, is set to utilize Wormhole's technology to bring its native tokens to Solana, enhancing its multichain capabilities.
Sky, formerly known as MakerDAO, plans to launch its decentralized stablecoin, USDS, on Solana using the Wormhole interoperability protocol. Rune Christensen, Sky's founder, announced the move during the ongoing Solana Breakpoint conference on Sept.
Nervos Network (CKB) has seen a sharp surge in its price, rising by over 140% in September, largely driven by its listing on South Korea's Upbit exchange. However, despite its strong upward momentum, signs indicate that the bullish trend may be losing steam.
CKB is the most flexible and interoperable blockchain. It serves as the ultimate foundation of Nervos, a modular blockchain network built from the ground up to ensure outstanding security, decentralization, flexibility, and interoperability.
As Bitcoin consolidates, CKB and SUI lead the top gainers while the market anticipates the upcoming Federal Reserve rate decision.
In this bearish market sentiment, Nervous Network (CKB) is gaining significant attention from investors and traders due to its impressive performance and substantial whale activity. In recent days, while other major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have struggled to gain momentum, Nervos's CKB has skyrocketed by 100%.
Nervos Network (CKB) extended its rally, despite losing the Upbit premium. CKB peaked at $0.02, potentially expecting renewed price discovery after Upbit took up 64% of the token's volumes.
The Nervos Network saw an explosive increase in trading activity. The trading volume for CKB jumped dramatically from $5.94 million to an astonishing $264 million within just one day.
Long-term Nervos Network investors can be confident of another rally, but short-term volatility was a threat
In the fast-moving world of cryptocurrency, where innovation is the name of the game, whales , those big-time investors who hold vast amounts of crypto — are always on the hunt for the next big opportunity.
As the broader market recovery takes a minor pause, an entry opportunity arises in the top-performing altcoins for missed-out traders. With Bitcoin back to $58,500, these altcoins are ready to coil up trend momentum for a massive upside wave.
As the global crypto market cap crosses $2.10 Trillion, the price of Bitcoin has successfully reclaimed the $60,000 mark. Moreover, with a jump of 10.63% over the past week, it is currently valued at $60,226.36. Following this, altcoins have recorded a massive uptrend in their respective valuation.
Nervos Network (CKB) had an impressive run on Friday, September 13, hitting $0.018—its highest price since June 7. This surge made it one of the top-performing cryptocurrencies of the day!
Nervos Network's CKB token outshines the competition, spiking 70% while the broader crypto market remains flat.
Blockchain interoperability protocol Wormhole has successfully paved the way for World IDs on the Solana blockchain. Solana builders and developers will have the capacity to integrate World ID on Solana-based protocols.
Worldcoin announced that the Wormhole interoperability platform has expanded its World ID feature to the Solana blockchain, according to a Sept. 13 statement.
Meanwhile, the SEC claimed that when it said "crypto asset securities" it never meant tokens were actually securities.
TL;DR Wormhole has integrated World ID with the Solana blockchain, allowing Solana developers to access identity verification features. World ID, which has been subject to audits due to its controversial nature, is used to confirm the authenticity and humanity of users, helping to identify real people.
Wormhole was one of 17 projects to receive a Worldcoin Wave 1 Community Grant.
Wormhole contributors have completed the work of making it possible to build Solana apps that integrate World IDs.
This is a significant move because it opens up new opportunities for developers on Solana, allowing them to use World ID's unique verification system. World ID is a special tool that helps prove whether someone is a real person.
The Nervos Network token was one of the best-performing cryptocurrencies on Friday, Sept. 13, as it surged to a high of $0.018, its highest level since June 7.
Upbit has listed various altcoins this year, attempting to boost the trading volume on its exchange platform.
Snax Chain, built on OP Stack, launches September 15th, integrating Wormhole for secure, decentralized Synthetix V3 governance and cross-chain messaging.
REZ's initial liquidity will be provided on Solana's major AMMS, and the token will be integrated with the blockchain's lending protocols.
The cryptocurrency market is experiencing a seismic shift, with Ethereum (ETH) leading a broader market downturn. As investors grapple with plummeting prices and increased volatility, two projects, Wormhole (W) and Algotech (ALGT), have emerged as unexpected beacons of stability.
As August approaches, notable token unlock events are expected to impact the market. BeInCrypto has highlighted the top five unlocks that could influence market dynamics.
Just months after Wormhole's airdrop in April, the cross-chain project will unlock a third of its token's circulating supply this month: 600 million tokens at a current value of about $180 million.
This development addresses the longstanding challenges associated with transferring USDT between different chains. It has often been slow, expensive, and reliant on wrapped tokens that introduce additional risks.
Wormhole introduces native USDT transfers on Ethereum, Arbitrum, Base, Optimism, Polygon, BNB Chain, and Avalanche, leveraging Uniswap v3 and PancakeSwap pools.
Worldcoin announced the selection of 17 grantees for Wave1 of its Community Grants Program aimed at empowering Wormhole and other passionate cross-chain protocol builders. Wormhole expressed their excitement about being part of the Worldcoin Tech Tree that would oversee the advancement of Secure Multi-party Computation (SMPC).
Wormhole secures a grant to integrate Worldcoin's World ID with Solana, enhancing cross-chain identity verification.
The Worldcoin Foundation announced a $70,000 grant to Wormhole to support WorldID verification on the Solana blockchain. In a June 27 statement, Worldcoin said the ID integration effort will “equip the Solana ecosystem with a much-needed tool” for proving humanness.
Wormhole has obtained a grant from the Worldcoin Foundation to bring the World ID onto the Solana blockchain. This integration seeks to improve user identification procedures in the blockchain networks through the use of Worldcoin's decentralized identity solution.
Wormhole now supports Mantle Network, an innovative Ethereum Layer 2 solution, offering high performance and low-cost EVM environment.