A bank would use Visa’s new platform to purchase tokenized RWAs such as commodities or bonds with near-real-time settlement, using a token, the statement said. One of the first financial institutions to use VTAP will be Spanish bank BBVA, who expects to rollout a live pilot in 2025. Source
Este artículo también está disponible en español. Chainlink whales are once again on the move in what seems to be a general reawakening. Large transactions on the blockchain network have ballooned recently, alongside a drastic increase in active addresses, hinting at a notable development. Therefore, in this report, we take a look at the significant increase in whale transactions and active addresses, as well as what could have triggered this burst of interest on the previously muted blockchain. Chainlink Whale Volumes Rises 295.93% According to data from the IntoTheBlock website,…
BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follows statements from Bitgo’s CEO Mike Belshe and a vote from Sky community members. Sky Adviser BA Labs Recommends Pausing WBTC Offboarding Changes BA Labs’ decision […] Original
Despite recent network hurdles, The TON (Telegram Open Network) blockchain has picked up its pace once again witnessing a significant surge in on-chain activity, triggering a rapid growth in the ecosystem. With the introduction of new projects on the platform, the network has experienced a substantial uptick in users’ engagement and transactions. On-Chain Metrics On TON Blockchain Skyrockets Marketing strategist and investor, Xeusthegreat shared the positive development on X, sparkling optimism within the community. The surge in on-chain activities indicates a rising interest in the blockchain due to its resiliency…
In the past 30 days, the Bitcoin (BTC) ecosystem has seen a significant rally in accumulation, with approximately 88,000 BTC being amassed on a net basis. This strong period of accumulation, which has persisted through much of September, is notable for being about seven times the monthly bitcoin issuance of around 13,500 BTC. Such intense accumulation has not been seen since Q4 2023, a period that saw a rapid increase in bitcoin’s price. Source CryptoX Portal
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The cryptocurrency market experienced a significant surge today, with major coins like Bitcoin and Ethereum leading the charge. Bitcoin (BTC) saw a rise of 5%, reaching a new high for the month. Ethereum (ETH) followed closely with a 4% increase, buoyed by growing interest in decentralized finance (DeFi) applications. Several factors contributed to this upward momentum. Firstly, increased institutional investment played a crucial role. Companies like MicroStrategy and Tesla (NASDAQ:TSLA) have continued to bolster their Bitcoin holdings, instilling confidence in the market. Additionally, the recent approval of a Bitcoin ETF…
The cryptocurrency market has been experiencing significant fluctuations in recent times. Bitcoin (BTC), the largest cryptocurrency by market cap, has seen its price oscillate widely. This volatility is attributed to various factors, including regulatory news, market sentiment, and macroeconomic trends. Ethereum (ETH), the second-largest cryptocurrency, continues to garner attention due to its potential applications in decentralized finance (DeFi) and non-fungible tokens (NFTs). Despite facing some scaling issues, the Ethereum network remains a crucial player in the blockchain ecosystem. Other notable cryptocurrencies such as Binance Coin (BNB), Cardano (ADA), and Solana…
Cryptocurrencies have been experiencing significant price movements today, with several major coins showing notable gains and losses. Bitcoin (BTC) continues to dominate the market, maintaining its position as the leading cryptocurrency by market capitalization. Bitcoin has seen a slight increase in its price, climbing by 1.5% over the past 24 hours. The digital currency is currently trading at around $30,000. This uptick comes after a period of relative stability, where Bitcoin’s price hovered around the $29,000 mark. Ethereum (ETH), the second-largest cryptocurrency by market cap, has also experienced a positive…
The cryptocurrency market experienced a significant surge today, with notable gains across various major coins. Bitcoin (BTC) led the charge, breaking past the $30,000 mark for the first time in months, followed by Ethereum (ETH) which saw a 5% increase in its valuation. Market analysts attribute this positive trend to a combination of factors, including renewed investor confidence, regulatory clarity in key markets, and the increasing adoption of blockchain technology in various sectors. Additionally, the recent announcement by Tesla (NASDAQ:TSLA) to accept Bitcoin as payment for its electric vehicles has…