Ripple (XRP) holders have the opportunity to earn passive income through the upcoming XRP Ledger (XRPL) Automated Market Maker (AMM). By becoming Liquidity Providers (LPs) and contributing to liquidity pools, XRP holders can benefit from the trading fees generated by these pools.Panos Mekras, a Financial Consultant and the Founder of DigitalGen, has highlighted the potential […]
Binance, the leading crypto exchange, has launched ColLabs, an invite-only Web3 investment and financing community. The program is designed to bring together founders, builders and investors, and to become the knowledge exchange hub for the Web3 venture capital community. Members will have access to exclusive content, select curricula from Binance Labs’ incubation programs, and deal-sourcing […]
Giddy, a company that facilitates straightforward fiat-to-crypto transactions and token swaps, has recently announced its integration with the Ethereum Mainnet. This follows its initial association with the Polygon network, and marks its objective to span multiple blockchain networks. The Ethereum Mainnet support provides many utilities, such as enabling users to engage with a wide spectrum […]
Robinhood, a US-based investing and trading platform giant, has been identified as the owner of the fifth largest Ethereum (ETH) wallet address. Data from Arkham Intelligence shows that the company’s cold wallet address holds 1,493,000 ETH worth $2.54 billion. This makes Robinhood the fifth largest holder of the token behind major crypto exchanges Kraken and […]
Cardano (ADA) has seen a surge in its network health, with a total of 4.261 million unique wallet addresses and a Total Value Locked (TVL) of 625.97 million ADA. Despite the crypto bear market, the Cardano network has seen a 6 percent growth in wallet addresses since April 1, 2023. However, the price of Cardano […]
Bitcoin trading volume has seen a large boost recently, according to data from the on-chain analytics firm Santiment. The trading volume refers to the daily total amount of a specific asset being moved around on the blockchain. When the value of this metric is high, it means that many tokens of the cryptocurrency in question […]
Robinhood, the commission-free trading app with 23 million users, has recently introduced in-app swaps for Ethereum and Polygon, as well as allowing users to hold, send, and accept Bitcoin and Dogecoin. The platform is aiming to bridge the gap between traditional financial services and decentralized finance (DeFi) by offering users access to decentralized apps and […]
The Society for Worldwide Interbank Financial Telecommunications (SWIFT) has announced a successful integration with Chainlink (LINK). The international entity has been experimenting with both private and public blockchain networks, and has now revealed the progress of its efforts.SWIFT claims that its infrastructure can “seamlessly” integrate with blockchain technology to enable users to transfer “tokenized value” […]
The CEO of BlackRock, Larry Fink, recently spoke up about Bitcoin on the world stage. He believes that Bitcoin is an international asset that can be used as an alternative to investing in gold as a hedge against inflation, the problems of any one country, or the devaluation of a currency. He believes that Bitcoin […]
Fidelity, a $4.5 trillion asset manager, recently published a study about Ethereum. The report claims that the value of Ethereum is tied to network usage, and that increased adoption of the Ethereum network could lead to an increase in the price of ether. The report also discussed Ethereum’s deflationary properties since introducing the EIP 1559 […]
