August 2024 – Page 11

Kiln Launches Kiln DeFi to Enable Stablecoin Rewards, Starting with Crypto.com

Leave a Comment / Enable, Launches / Admin

[PRESS RELEASE – Paris, France, August 6th, 2024] Today, leading enterprise-grade staking platform Kiln, announces the launch of Kiln DeFi, a new service for Kiln’s integrators. Kiln DeFi enables integrators to facilitate stablecoin rewards by providing seamless access to leading DeFi lending protocols like Aave, Morpho, and Compound. Using this infrastructure allows integrators to easily […]

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BNB Chain Reinforces Commitment to Blockchain Innovation with BIA Events

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[PRESS RELEASE – Dubai, UAE, August 6th, 2024] Despite trends in the crypto market, BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, remains dedicated to accelerating blockchain innovation through its BNB Incubation Alliance (BIA). The recent BIA event in Nashville, along with the earlier Brussels launch, highlights BNB Chain’s

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Sui Sets The Standard for Blockchain Speed with New Mainnet Consensus Mechanism

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[PRESS RELEASE – Grand Cayman, Cayman Islands, August 6th, 2024] Sui’s new Mysticeti protocol cuts consensus latency to 390 ms, elevating its industry-leading tech and developer stack to new highs. Sui, the pioneering Layer 1 blockchain known for industry-leading performance and infinite horizontal scaling, today announced the successful deployment of Mysticeti on Sui Mainnet after

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Curio Announces $5.7 Million Funding Round to Launch Duper Season One, Co-led by Bain Capital Crypto and SevenX Ventures

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[PRESS RELEASE – San Francisco, United States, August 6th, 2024] Duper invites players to experience high-stakes fun and strategic gameplay. Curio, a games studio and developer, today announced it has raised an additional $5.7 million in capital, co-led by Bain Capital Crypto and SevenX Ventures with participation from OKX Ventures. The latest round builds upon

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Someone is Buying the Ethereum (ETH) Dip… But It’s Not What You Think

Leave a Comment / Buying, Someone / azlan90

There are no two ways around it: Ethereum’s price fell off a cliff throughout the past 24 hours. It lost 22% during the day and over 33% in the past week. Source: TradingView As CryptoPotato reported earlier today, one of the largest crypto trading firms – Jump Crypto – has been offloading ETH positions for a few

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Justin Sun Dispells Rumors of Bitcoin Liquidations Amid Market Crash

Leave a Comment / Dispells, Justin / azlan90

As bitcoin and the rest of the market dump hard in one of the worst crashes in recent history, the community is actively trying to locate the source behind this cataclysm. Justin Sun, the founder of Tron and HTX’s advisor, was also blamed that he and his team were liquidated, which only intensified the market

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Ripple (XRP) Price Collapses by 17% Daily: When Will the Crash Stop?

Leave a Comment / Price, Ripple / azlan90

TL;DR XRP’s price dropped 24% weekly and 17% in 24 hours, with analysts still optimistic about a potential recovery. Speculation around the Ripple-SEC lawsuit resolution could have been one reason pushing XRP to $0.66 last week, but the legal battle continues with no settlement yet. What’s Next for XRP? The last couple of days have

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Ethereum Prices Dump 23% in Massive Market Plunge, Where to Next For ETH?

Leave a Comment / Ethereum, Prices / azlan90

The world’s second-largest crypto asset has tanked a whopping 23% in less than 24 hours, despite the launch of America’s first spot Ethereum exchange-traded funds last month. Ethereum prices plummeted from around $2,900 in late trading on Sunday to bottom out at $2,240 during the Monday morning Asian trading session. It is the lowest price

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The Reason Behind Bitcoin’s Price Crash: Arthur Hayes Speculates

Leave a Comment / Behind, Reason / azlan90

Bitcoin’s price crashed toward $53,000, losing more than $17,000 since last Monday. This has been one of the cryptocurrency’s worst weekly performances in its entire history. In the past 24 hours alone, a whopping $840 million worth of leverage positions were liquidated due to the market crash. Source: Coinglass Earlier in the week, CryptoPotato outlined

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California DMV Digitizes 42 Million Car Titles with Avalanche Blockchain

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California’s Department of Motor Vehicles (DMV) has digitized 42 million car titles using the Avalanche (AVAX) network. This initiative is part of a modernization effort to streamline the state’s title transfer process in collaboration with software development firm Oxhead Alpha. California DMV to Digitize Car Titles According to an Avalanche blog post, users will soon

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