Solana and Coinbase’s Ethereum layer-2 blockchain Base have been bridged together using Chainlink’s technology in a move to increase liquidity between the two networks. Base said on Thursday that it launched a bridge connecting it to Solana secured by Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Coinbase, enabling seamless asset transfers. The bridge is now live on mainnet for builders to integrate, and rolling out for anyone to use in apps, including Zora, Aerodrome, Virtuals, Flaunch, and Relay. Users will also be able to trade Solana (SOL) and many Solana-based assets…
Tag: Launches
Ex-Binance.US CEO Launches Stablecoin Platform Ahead of L1 Network
1Money, a company co-founded by the former CEO of Binance.US, has launched a stablecoin orchestration platform ahead of its plans to build a layer-1 blockchain for payments. In a Thursday announcement, 1Money said the platform by the same name will have “zero platform fees,” opting instead for usage-based fees for transactions involving stablecoins and fiat. According to the company, the initiative will continue on 1Money’s layer-1 network for stablecoin payments, offering no gas fees. “For too long, legacy stablecoin service providers have held the ecosystem back with outrageously high monthly…
FX Veteran Ilies Larbi Launches Ouinex, a Crypto Exchange with a TradFi Engine
To B2B, or Not? Dos and Donts for Brokers Going Institutional To B2B, or Not? Dos and Donts for Brokers Going Institutional To B2B, or Not? Dos and Donts for Brokers Going Institutional To B2B, or Not? Dos and Donts for Brokers Going Institutional To B2B, or Not? Dos and Donts for Brokers Going Institutional To B2B, or Not? Dos and Donts for Brokers Going Institutional With retail flows slowing and competition heating up, more brokers are eyeing the B2B space. But while the potential is real, the ‘institutional’ market…
NEAR Foundation Launches AI Cloud, Private Chat for Over 100M Users
Key Notes Intel TDX and NVIDIA Confidential Computing provide cryptographic attestation for every AI request processed through the platform. Private Chat offers ChatGPT-like functionality without corporate data harvesting, protecting user information in isolated environments. NEAR token trades near year-long support at $1.81 while protocol metrics show exponential growth with $7B in volume processed. The NEAR Foundation announced the launch of two new and interconnected projects: NEAR AI Cloud and Private Chat. These solutions are already implemented by Brave Nightly, OpenMind AGI, and Phala Network, reaching over 100 million users. According…
Franklin Templeton Launches Solana ETF on NYSE with SOEZ Ticker
Key Notes The $1.6 trillion asset manager received SEC approval and NYSE listing within one week of final filing submission. SOL price stabilized around $140 following recent volatility, supported by strong ETF inflows over 48 hours. Franklin’s crypto portfolio now includes eight major digital assets through SOEZ and its existing EZPZ index fund. US-based investment holdings firm Franklin Templeton’s Solana ETF has officially begun live trading on the New York Stock Exchange (NYSE) Arca platform. The launch comes as multiple Solana ETFs have recently entered a period of increased positive…
CME Launches Bitcoin Volatility Index and Crypto Benchmarks
The Chicago-based CME Group has introduced a new suite of cryptocurrency benchmarks designed to provide standardized pricing and volatility data for institutional traders using tools they’re familiar with across traditional asset classes. Announced Tuesday, the CME CF Cryptocurrency Benchmarks cover a range of digital assets, including Bitcoin (BTC), Ether (ETH), Solana (SOL) and XRP (XRP). Notably, the launch includes the CME CF Bitcoin Volatility Benchmarks, which track the implied volatility of Bitcoin and Micro Bitcoin Futures options, effectively serving as a crypto-market equivalent of the equity market’s VIX by showing…
Hedera Price Surge 7% as $11 Trillion AUM Vanguard Group Launches HBAR ETF
Key Notes Vanguard’s $11 trillion asset management arm launched its inaugural HBAR ETF following Canary Capital’s successful approval last month. The Canary HBAR ETF accumulated $80.26 million in net inflows with spot buying dominating as open interest rose just 3.5 percent. Technical analysis shows HBAR consolidating in a falling wedge with breakout probability at 20.95 percent versus 67.06 percent downside risk. Hedera HBAR $0.14 24h volatility: 9.4% Market cap: $6.10 B Vol. 24h: $190.33 M advanced 6.5% on Tuesday, recovering from recent selling pressure as the broader market reacted to…
Binance Launches Deleted Account Service Tool
Key Notes Binance has floated the Deleted Account Service Tool. It is designed to allow past users of the exchange to quickly and securely download their transactional reports. The initiative supports the previous work of the exchange’s Data Protection Office (DPO). Leading cryptocurrency exchange Binance has launched a new portal dubbed the Deleted Account Service Tool. In an X post, the digital asset service provider acknowledged that there was no need for customers to lose their information after deleting an account. Therefore, the new tool is designed to take care…
YZi Labs Launches Bid to Takeover CEA Industries
Binance founder Changpeng Zhao’s YZi Labs has launched a bid to stack the board of a BNB buying company it helped to bankroll with its own nominees, citing “destruction” of stockholder value. In a regulatory filing on Monday, YZi Labs said it wants to cancel all of the company’s bylaw changes since July, expand the size of CEA’s board and elect “our highly-qualified nominees as directors.” YZi told shareholders that the measures “are necessary to address the continued destruction of stockholder value at BNC and to ensure that the Company…
Cocoon Decentralized AI Network Launches on the Open Network (TON)
The Cocoon decentralized AI network, a privacy-preserving distributed computing platform built on The Open Network (TON) — an independent layer-1 blockchain associated with the Telegram messaging application — went live on Sunday. Cocoon allows owners of graphics processing units (GPUs) to rent their computing power to the network, processing user queries and requests in return for Toncoin (TON), the native token of the TON blockchain. The decentralized AI network has processed its first requests from users, and GPU owners are already profiting from renting out their hardware, according to Telegram…