Stargate Deploys on Kava Chain, Expanding USDt Reach Across Cosmos and Ethereum Ecosystems

Stargate, the leading omnichain liquidity layer and native asset bridge, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable layer one. This integration will expand the reach of Tether’s Cosmos-native USDt, issued exclusively on the Kava Chain, to the Ethereum ecosystem and beyond. Stargate’s success in connecting Ethereum networks is unmatched, with 300 times more […]

Shiba Inu (SHIB) Ecosystem Launches Layer 2 Scaling Solution Shibarium Network

The Shiba Inu (SHIB) ecosystem has achieved a major milestone with the successful launch of its layer two scaling solution, Shibarium. Lead developer Shytoshi Kusama has invited the Shibarmy to test the network and proceed with caution. As of Monday, the network has facilitated more than 371k transactions and over 66.99K wallets have been created.The […]

SEC Fines Impact Theory $6.1 Million for Offering Unregistered NFT Securities

The US Securities and Exchange Commission (SEC) has charged Los Angeles-based media and entertainment company Impact Theory, LLC with offering unregistered securities in the form of NFTs. The company had raised over $30 million from investors in the US, emphasizing that it was “trying to build the next Disney” and that it would deliver “tremendous […]

Donald Trump’s NFT Prices Surge After Arrest in Georgia

Donald Trump’s non-fungible token (NFT) series has seen a surge in prices following his arrest in Atlanta, Georgia. Trump was arrested on allegations of attempting to overturn the results of the 2020 presidential election in Georgia. After he posted his mugshot to a social media platform, the price floor of his NFT collection jumped from […]

Stargate Deploys on Kava Chain, Expanding Reach of USDt to Ethereum Ecosystem

Kava Chain, the Cosmos-Ethereum interoperable Layer 1, has now deployed Stargate, the leading omnichain liquidity layer and native asset bridge. This integration will expand the reach of Tether’s Cosmos-native USDt to the Ethereum ecosystem and beyond. Stargate’s success in connecting Ethereum networks is unmatched, with 300x more TVL than the next most-used bridge. This integration […]

Robinhood Wallet Accumulates $3 Billion Worth of Bitcoin, Becomes Third Largest Holder

Robinhood, an investing and trading platform, has become the third-largest Bitcoin holder after accumulating $3 billion worth of BTC in three months. This wallet address had attracted attention, with some speculating that it belonged to Winklevoss-led Gemini or asset management giant BlackRock. However, Arkham Intelligence data showed that Robinhood is, in fact, behind the wallet. […]

Robinhood Becomes Third Largest Bitcoin Holder After SEC Crackdown

Robinhood, a retail trading giant, has been identified as the third largest holder of Bitcoin by blockchain intelligence firm Arkham. Jump Trading Custody, a Chicago-based trading firm, has been providing crypto services to Robinhood since at least 2019. According to data from BitInfoCharts, the wallet began accumulating in mid-May and by late June, was the […]

Ripple’s XRP Poised to Transform Financial Markets, Disrupting Blackrock and Goldman Sachs

Ripple’s native XRP is attempting to make a name for itself in the global financial landscape. According to XRP analyst Digital Perspectives, XRP has the potential to revolutionize the financial world, much like oil did in the past. He believes that XRP could be used to reduce friction, promote global expansion, and its eco-friendly design […]

Stellar’s Progress Unparalleled as Soroban Smart Contract Platform Nears Mainnet Launch

Stellar Lumens (XLM) has been making significant progress in the cryptocurrency market, with its growing network of off-ramp destinations and global collaborations. The Stellar Development Foundation is also nearing the official mainnet launch of its Soroban smart contract platform, which could potentially broaden the scope and applications of XLM.The platform offers Turing-complete smart contract capabilities […]

Shopify Integrates Solana Pay to Enable Crypto Payments in US E-Commerce Market

Shopify, a prominent Canadian e-commerce company, has recently incorporated Solana Pay into its network. This integration enables users to execute immediate transactions using cryptocurrencies such as USDC. While the platform is initially introducing this novel feature with payments involving the stablecoin USDC, it has plans to progressively broaden its scope to encompass a wider array […]