Tag: Platform

Biometric ID Platform Humanity Protocol Launches Mainnet, Enhancing Privacy-First Digital Identity

Humanity Protocol has officially launched its mainnet, introducing a unified identity layer that connects Web2 credentials with decentralized Web3 services through zero-knowledge Transport Layer Security (zkTLS). This technology allows users to verify credentials, such as job titles or university transcripts, without exposing personal data. At launch, travelers can link frequent-flyer and loyalty accounts from major […] Source CryptoX Portal

Pendle’s TVL Hits Record $8.3B After Yield-Trading Platform Debut

Pendle’s total value locked (TVL) has surged to a record $8.27 billion, while its native token PENDLE climbed 45% over the past week to $5.6 on the back of the protocol’s new yield-trading platform. With bitcoin funding rates averaging about 10% annualized this week and roughly $80 billion in open interest, according to Dune data, more than $8 billion changes hands yearly between longs and shorts. Boros packages those yields into tradable on-chain assets called Yield Units (YUs), letting traders go long or short on the rates themselves. Boros can…

Ripple to Expand RLUSD Stablecoin Use With $200 Million Rail Platform Acquisition

Key Notes The acquisition will close in Q4 2025 following regulatory approvals and Trump’s recent GENIUS Act passage. Rail’s virtual accounts and automated infrastructure will enhance Ripple’s operational efficiency significantly. The combined platform enables seamless stablecoin payments across major corridors without crypto balance sheet exposure. Earlier today, August 7, blockchain firm Ripple announced the $200 million acquisition of stablecoin-powered payments platform Stellar Rail. This move comes as the company looks to expand its stablecoin infrastructure along with the use cases of its native RLUSD stablecoin. This is the first major…

Ripple to Buy Stablecoin Platform Rail for $200M

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Ripple announced Thursday that it will acquire stablecoin-powered payments platform Rail for $200 million, with the deal expected to close in the fourth quarter of 2025. The company said the move aims to expand its enterprise-grade digital asset infrastructure and “deliver the most comprehensive stablecoin payments solution available in the market.” Ripple expects the acquisition to enable it to offer stablecoin on- and off-ramps without requiring customers to hold cryptocurrency, and to facilitate customers in managing multiple payment types on behalf of themselves and their internal treasury flows. The company…

Pendle Lets Crypto Traders Bet on Bitcoin, Ether Funding Rates With Boros Platform

Pendle has opened up Boros, a new platform on Arbitrum that allows users to directly trade the funding rates of bitcoin (BTC) and ether (ETH) perpetual markets. Boros lets users go long or short on funding rate exposure using “Yield Units” (YUs), which are structurally similar to Pendle’s existing Yield Tokens. Each YU represents the realized funding yield on 1 unit of notional, such as 1 ETH or 1 BTC, until expiry, offering a mechanism to speculate or hedge against changing funding conditions…

Vietnam Launches a National Blockchain Platform

Vietnam launched a national blockchain platform designed to serve as the backbone for its expanding digital ecosystem.  On Friday, Vietnam announced the state-run blockchain network, which will verify digital transactions and records across different sectors.  The new platform, NDAChain, was developed by the country’s National Data Association (NDA) and will be operated by the Ministry of Public Security’s Data Innovation and Exploitation Center. The government said NDAChain will address long-standing challenges of centralized data models, including cyberattack vulnerabilities, scalability and limited global integration.  NDAChain’s role in the national digital ecosystem…

Debifi Named Second Safest Bitcoin-Backed Lending Platform Globally by Zone21.com

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This content is provided by a sponsor. PRESS RELEASE. [Lugano, July 25, 2025] – Debifi, the non-custodial provider of Bitcoin-backed loans, has been ranked the second safest service of its kind worldwide, according to new research from Zone21.com, a collective of Bitcoin engineers and researchers applying a self-custody-first lens to lending platform security. The recognition […] Original

Prediction Platform Polymarket Buys QCEX Exchange in $112 Million Deal to Reenter the U.S.

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Polymarket has acquired the parent company of QCEX, a CFTC-licensed exchange and clearinghouse, in a $112 million deal that paves the way for the crypto prediction market’s return to the United States. The acquisition gives Polymarket access to U.S. markets through QCX, LLC and QC Clearing LLC, which hold licenses from the Commodity Futures Trading Commission. The move follows the end of a federal investigation into Polymarket’s prior operations, clearing a path for the company to resume service to American users within a regulated framework. Polymarket has acquired QCEX, a…

Talos Bolsters Platform With Acquisition of Crypto Data Provider Coin Metrics

Talos will acquire crypto data firm Coin Metrics in a deal worth over $100 million, creating the digital asset industry’s first integrated institutional data and investment management platform, both companies announced. Talos Acquires Coin Metrics in $100M+ Deal The acquisition, Talos‘s largest to date, combines Coin Metrics‘ market data, blockchain analytics, and indexes with Talos’s […] Source CryptoX Portal