News

BRICS Crypto

BRICS Moving Away from USD To Boost Crypto

In a significant shift with potential global implications, Brazil is leading discussions within the BRICS bloc—comprising Brazil, Russia, India, China, and South Africa—to decrease reliance on the US dollar in international trade. This strategy, raised during a recent BRICS foreign ministers’ meeting, signals the bloc’s intent to enhance financial independence by prioritizing national currencies in …

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Binance Connect

Binance Relaunches Binance Connect

Global cryptocurrency exchange Binance has announced the relaunch of its fiat-to-crypto service, Binance Connect, in a move to facilitate smoother Web3 transactions and broaden digital asset accessibility worldwide. Originally launched as Bifinity in 2022, Binance Connect has now been rebranded and fully integrated into Binance’s ecosystem, allowing users to buy and sell crypto directly via …

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Akash Network HD

Akash Network Achieves Record-High Network Fees and GPU Utilization

Akash Network has reached all-time highs in both daily network fees and GPU utilization, according to CEO Greg Osuri. Daily fees surged over 1,700% year-over-year, and GPU utilization peaked at 68%—a figure Osuri stated is unprecedented across both decentralized and traditional compute networks. Key Milestones As a fully open-source platform, Akash continues to emphasize transparency. …

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AstraBank

Astra announces AstraBank release for 10th Nov 2024

AstraLabs announced on X that its flagship product, AstraBank , will officially launch on November 10, 2024, coinciding with AstraAI’s first anniversary. According to the team, it is set to revolutionize finance by bridging the gap between traditional banking and crypto. It promises seamless integration of fiat and digital currencies for users and businesses. Key …

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LTO Network Wallet Launch

LTO Network Wallet Launch On December 5

LTO Network has revealed December 5, 2024, as the launch date for its highly anticipated $LTO Universal Wallet. Known for its hybrid blockchain solutions, LTO Network aims to redefine digital asset management with this latest release. Cross-Platform Accessibility With LTO Network Wallet The $LTO Universal Wallet promises a seamless, cross-platform experience compatible with both iOS …

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BitcoinOS Cardano

BitcoinOS Launches Grail Bridge, Connecting Bitcoin and Cardano Networks

BitcoinOS has officially launched its Grail bridge on the Cardano network, a development set to open new capital pathways by allowing Bitcoin to flow into Cardano’s ecosystem. The bridge promises to enable both BTC liquidity for Cardano’s decentralized finance (DeFi) applications and the movement of ADA tokens to the Bitcoin network. EMURGO, one of Cardano’s …

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LayerZero Hedera

LayerZero Now Live on Hedera: Expanding Cross-Chain Compatibility for HTS

LayerZero Labs has announced its integration with Hedera, a public distributed ledger network known for its unique hashgraph consensus protocol. This integration enables seamless interoperability across Hedera’s decentralized applications (dApps) through LayerZero’s messaging protocol, extending Hedera’s reach within the blockchain ecosystem. Hedera’s Consensus Protocol and Token Service Hedera’s hashgraph consensus mechanism, distinct from traditional blockchain …

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Sui Google Cloud

Sui integrates with Google Cloud for real-time data

Sui has announced a major integration with Google Cloud, facilitated by ZettaBlock, that will enable developers to access real-time blockchain data. This partnership aims to provide Sui developers with tools to enhance AI-driven applications and dynamic gaming transactions through Google Cloud’s Pub/Sub service. According to SUI, by leveraging real-time data, applications can be more responsive, …

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Botanix Labs Chainlink

Botanix Labs Joins Chainlink Scale to Enhance Bitcoin Layer-2 with Spiderchain

Botanix Labs has joined the Chainlink Scale program, a significant development aimed at expanding Bitcoin’s dApp ecosystem. The integration will bring Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Data Feeds into Botanix Labs’ Spiderchain, an EVM-equivalent Bitcoin Layer-2 network. The collaboration is expected to enhance scalability, security, and functionality for decentralized applications built on Bitcoin. Chainlink …

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