Bitcoin Bull Run To Peak In 2025? Blockchain Firm Predicts Cycle Timeline

The price of Bitcoin started the year on a strong momentum, which was further buoyed by the launch of spot ETFs (exchange-traded funds) in January. The premier cryptocurrency capitalized on its introduction to a new batch of investors, forging a new all-time high of $73,737 in mid-March. However, Bitcoin has since slowed down in the past few months, with several investors and crypto enthusiasts wondering if the bull cycle is over. The latest commentary has come from a blockchain firm that has put forward something of a timeline for the…

Celestia Aims to Revolutionize Blockchain with 1 GB Blocks

James Ding Sep 06, 2024 15:22 Celestia announces its roadmap to scale blockchain data throughput to 1 GB blocks, aiming to drastically improve the performance and scalability of decentralized applications. After several years of development, Celestia’s Mainnet Beta went live last year. Since then, an early ecosystem has taken form, with developers deploying the first 20 rollups and Celestia blobs representing 40% of total data published, according to the Celestia Blog. Scaling to 1 Gigabyte Blocks The core objective of Celestia’s roadmap…

IOTA Strengthens European Blockchain Leadership Through Key Partnerships and Compliance

Terrill Dicki Sep 06, 2024 14:07 IOTA Foundation drives blockchain innovation in Europe with strategic partnerships and adherence to EU regulations, positioning itself as a leader in Web3 and sustainable DLT applications. The IOTA Foundation is making significant strides in the European blockchain landscape through strategic partnerships and rigorous compliance with EU regulations, according to the IOTA Foundation Blog. By focusing on innovative Web3 identity solutions, sustainable distributed ledger technology (DLT) applications, and active participation in regulatory dialogues, IOTA aims to establish…

DeFi Protocol Synthetix To Launch Its Own Application Blockchain, SNAXChain

Este artículo también está disponible en español. Decentralized finance (DeFi) protocol Synthetix (SNX) is working toward launching its application blockchain, dubbed SNAXChain, according to a blog post published on September 4, 2024. Synthetix SNAXChain To Launch On Optimism’s Superchain Infrastructure Ethereum-based derivatives liquidity protocol Synthetix is set to unveil SNAXChain, an application blockchain built on Optimism’s Superchain infrastructure.  For the uninitiated, Ethereum layer-2 (L2) scaling network Optimism’s Superchain is essentially a network of L2 chains, known as OP chains. These chains share security features a communication layer, and are powered…

Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Involved

Last month, CoinDesk reported that KfW, the largest development bank in Germany, teamed up with Boerse Stuttgart Digital (BSD) in preparation for a digital bond issuance. Italy’s state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and lender Intesa Sanpaolo also completed a bond issuance on Polygon in July. Both issuances were part of ECB trials. Source link

Thailand’s Mahidol University Partners With Tether to Integrate Blockchain and Stablecoin Education

Tether and Mahidol University International College (MUIC), a prestigious institution in Thailand known for its diverse and international academic programs, have signed a Memorandum of Understanding (MOU) to integrate stablecoin, blockchain, and peer-to-peer (P2P) technology into MUIC’s curriculum. This collaboration will feature workshops, guest lectures, and research projects aimed at enhancing finance education and fostering […] Source CryptoX Portal

Rahat’s Rumee Singh Enhances Financial Resilience with Blockchain

Alvin Lang Sep 04, 2024 09:39 Rahat, led by Rumee Singh, leverages blockchain technology to support financially vulnerable populations globally, winning accolades and grants. Rahat, a groundbreaking initiative spearheaded by Rumee Singh, is making significant strides in providing financial resilience to underserved populations through blockchain technology. According to Circle, the project aims to address the financial inclusion gap in Nepal and beyond, leveraging digital dollars like USDC to offer financial services to those neglected by traditional banking systems. Blockchain: A Tool for…

21co rolls out Wrapped Bitcoin on Ethereum blockchain

21.co is expanding the lineup of wrapped tokens, bringing its Wrapped Bitcoin to the Ethereum blockchain. 21.co, the parent company of crypto exchange-traded products provider 21Shares, has announced the launch of its Wrapped Bitcoin (21BTC) on the Ethereum blockchain. In a Sept. 3 press release, the company said the latest product is launched in partnership with Flow Traders, one of the world’s largest market makers. Unlike traditional “lock-and-mint” methods, 21.co emphasizes that it stores the underlying assets in cold storage without the need for a bridge. Eliezer Ndinga, head of…

TON Blockchain Reaches 1 Billion Transactions

The TON blockchain recently announced it has reached a milestone, registering a billion completed transactions on its network. Through its social media channels, the TON network team explained that half of this volume had occurred during the last three months. The project has benefited from the activity generated by projects such as Notcoin and Dogs […] Source CryptoX Portal