Velar, a Bitcoin-focused decentralized finance (DeFi) platform, has successfully secured a substantial $3.5 million seed fund. The funding will be utilized to launch the world’s first Perpetual Decentralized Exchange (PerpDEX) on the Bitcoin (BTC) network. With this initiative, Velar aims to tap into the significant $800 billion dormant liquidity within Bitcoin’s DeFi ecosystem, offering BTC holders similar value propositions and
In a significant development, Solana (SOL) has surpassed Ethereum (ETH) in 24-hour DEX volume, marking a pivotal moment in the decentralized finance (DeFi) space. This article delves into the performance of Solana and Ethereum, examining their weekly and daily volume figures, highlighting the dynamic nature of the DeFi landscape, and speculating on potential price rallies fueled by the crisis at
Blockchain technology is revolutionizing various industries by disrupting traditional centralized systems and offering innovative solutions. From cloud storage to supply chain management, blockchain platforms are reshaping processes and delivering secure, transparent, and efficient solutions. This article explores the transformative potential of blockchain technology and highlights specific examples that showcase its impact. Additionally, Proffitt’s role in educating and guiding businesses in
The global payment and transfer system has witnessed the emergence of various blockchain platforms, but one platform that stands out with enormous potential to revolutionize the industry is Fantom. With its advanced technology and exemplary focus on handling ERC-20 transfers, Fantom has captured the attention of financial experts and highlighted the broader potential of blockchain in the financial sector. Fantom’s
In the evolving landscape of finance and technology, the concept of tokenized assets has gained significant traction. Tokenized Treasuries, defined as digital representations of U.S. Treasury securities on the blockchain, have emerged as a compelling innovation. This article explores the growing interest in tokenization and the potential benefits it offers to investors and markets alike. Tokenized Treasuries: Digital Representation Tokenized
Jupiter has garnered significant attention as a decentralized trading aggregator that operates on the Solana blockchain. This innovative platform aims to provide users with seamless access to multiple decentralized exchanges (DEXs) and liquidity pools, enhancing trading efficiency and reducing costs. Now, the announcement of its native token, JUP, further propels its growth and ecosystem development. Revised Circulating Supply Initially planned
MetGain has garnered attention and prominence in the blockchain funding platform industry due to its unique features and comprehensive solution. In a saturated market, MetGain stands out by offering a platform that caters to lenders, investors, and fundraisers, with a focus on crowdfunding projects and facilitating borderless transactions. Comprehensive Solution for Lenders, Investors, and Fundraisers MetGain positions itself as a
In an effort to revolutionize the collection experience for credit unions and financial institutions, REPAY has announced a new technology integration with Lexop, a leading software provider. This integration promises to enhance efficiency, reduce administrative burdens, and provide real-time payment updates, benefiting both institutions and their members. Efficient Late Payment Collection Late payment collection can often be a time-consuming and
In a groundbreaking collaboration, a partnership between Visa and Transak aims to transform the way cryptocurrencies are exchanged for fiat currencies. By leveraging Visa Direct, users can now withdraw cryptocurrencies like Bitcoin directly from a wallet such as MetaMask to a Visa debit card, eliminating the need for centralized exchanges. Integration with Visa Direct The integration with Visa Direct brings
As the cryptocurrency space continues to expand, airdrops have become increasingly popular. These distribution events involve the free or task-based allocation of tokens or coins to numerous wallet addresses. Airdrops serve multiple purposes, including increasing token distribution, incentivizing loyal community members, and creating awareness for projects. In this article, we will explore the process of claiming TOKENIZE XCHANGE $TKX airdrops
In a significant move for the digital asset industry, Hex Trust, a leading institutional-grade digital asset custody platform, has announced its integration with the XRP Ledger (XRPL). The XRPL is renowned for its decentralized blockchain network and its native digital asset, XRP, which has been a key contributor to the Ripple ecosystem. This collaboration allows Hex Trust’s core custody platform,
In a surprising move, Vanguard, one of the world’s largest investment management companies, announced that it will not be offering exposure to Bitcoin exchange-traded funds (ETFs) to its clients. The decision has raised eyebrows in the industry and sparked discussions regarding the future of cryptocurrencies in traditional investment portfolios. Vanguard’s rationale for this bold move is rooted in its investment
