Author: Crypto News Live

Ledgity Yield, a stablecoin yield protocol underpinned by real-world assets, has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) across Ethereum, Base, and Arbitrum. The CCIP integration will offer cross-chain transfers of the native LDY token, allowing users to stake the token easily from various chains. Stablecoin yield protocol Ledgity Yield has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to offer cross-chain transfers of its native token, LDY. Announcing the integration, Ledgity described its protocol as “now more accessible than ever,” and added that the partnership allows it to become “truly multi-chain, ensuring seamless transactions across different networks.” Ledgity is designed to offer…

xrp.cafe has emerged as the dominant force in the XRPL ecosystem’s NFT marketplace, solidifying its position as a top dApp with the launch of its innovative Automated Launchpad.—Since its inception in late 2022, xrp.cafe has achieved remarkable milestones, boasting over 8,088,249 XRP in secondary sales and 1,803,786 XRP in primary mint sales. The platform curates more than 3,000 unique collections and attracts a vibrant community of over 20,000 monthly users. With over 100,000 combined offers, xrp.cafe leads in liquidity and enjoys three times the active users of its nearest competitor.The platform’s growth parallels the regulatory clarity for XRP, bolstering the…

Ava Labs, the developer behind the Avalanche blockchain network, is working on introducing web3 technologies to enhance intellectual property management in the rapidly growing K-pop market.Justin Kim, who leads Ava Labs’ operations in South Korea, discussed the company’s strategic moves to bring blockchain solutions to the forefront of the entertainment sector in an interview with DL News on June 25.K-pop, known for its massive and dedicated fanbase, is projected to generate substantial revenue from events and merchandise in the coming years. Based on recent research, the market is expected to reach $20 billion by 2031.Ava Labs aims to tap into…

Despite anticipation around the Ethereum ETF, ETH-based memecoins showed marginal gains. While some see bullish potential in Ethereum’s future, Andrew Kang predicted a possible price drop. Due to the anticipated approval of the Ethereum [ETH] ETF, altcoins are enjoying a bullish surge, while Bitcoin [BTC] is hovering near the $60k mark. This has also resulted in many foreseeing this as a bullish trend for July. Source: CRYPT 38/X  Impact on Ethereum’s price However, at the time of writing, Ethereum declined by 1.15%, showing red candles on the daily chart. But AMBCrypto’s analysis of IntoTheBlock data presented a contrasting view. The…

Crypto payments gateway solution Transak has teamed up with Privado ID to launch a new “Reusable KYC” service aimed at improving the decentralized identity verification process. This collaboration introduces a novel method that promises to maintain user privacy without compromising on regulatory standards. Transak and Privado ID Team Up to Simplify KYC According to the two teams, the partnership between Transak, a crypto payments gateway, and Privado ID, a specialist in privacy-centric identity management, marks a significant step towards streamlined identity checks. Their Reusable KYC initiative allows users to undergo the KYC process once and subsequently reuse the verified credentials…

TL;DR Phantom has announced the integration of Bitcoin into its platform, expanding the functionalities of the renowned Solana wallet. The launch of the Ordinal Mint event has been announced, scheduled from June 27th to July 1st. Users will be able to create NFTs directly on the Bitcoin blockchain. To participate, users only need to cover standard Bitcoin network fees. It is recommended to maintain a minimum BTC balance in the Native Segwit address for smooth transactions during the event. The well-known Solana wallet, Phantom, is paving its way towards a multichain future. It has recently announced the integration of Bitcoin…

Ethereum chalked out a classic descending channel pattern on the daily chart, confirming a bearish edge. The immediate support range at the $3,200 level can determine ETH’s near-term trajectory. Ethereum’s [ETH] reversal from the $3,900 resistance level over the past month has set the stage for the bears. The altcoin’s increasing Open Interest trend during this time has further raised questions about its ability to hold the immediate support level. Should the sellers continue to increase pressure from its press time level, ETH could invalidate a bullish rally and see a downward breakout. A rebound from the $3,260 level can…

BNB Chain completes integration with The Graph, enhancing data access for developers. Recent upgrades to BNB Chain reduce transaction fees by up to 90%, improving user experience. The Graph is now fully supporting BNB Chain after it successfully finished the Chain Integration Process. With the implementation of indexing rewards at this crucial turning point, The Graph’s global network of indexers is able to provide developers with timely and accurate data. By enabling developers to easily use improved data services, this connection significantly improves the effectiveness and performance of the BNB Chain. Thrilled to welcome @graphprotocol to BNB Chain! 🤝 https://t.co/kVTdR77enQ…

Solana Labs, the company behind the Solana blockchain, has partnered with communications startup Dialect to introduce a new product called Actions and Blinks.According to a June 25 statement, Access Protocol, alongside other notable blockchain projects like Jupiter, Backpack, Tensor, and Sphere Labs, will integrate Solana Actions and Blinks into their operations.How Access protocol will utilize Actions and BlinksSolana Actions are Application Programming Interfaces (API) facilitating signable transactions for specified programs, while Blinks leverages these APIs to create user-friendly interfaces.A spokesperson explained:“Protocols map transaction links to a specific Solana Action. Blinks are the technology that unfurl the links in an easy-to-use…

In a significant development for the cryptocurrency market, asset managers are eagerly preparing for the launch of new spot Ethereum ETFs, pending approval from the US Securities and Exchange Commission (SEC).  Bitwise Chief Investment Officer (CIO) Matt Hougan has weighed in on the potential of these ETFs, predicting substantial inflows into the regulated market within the first months of trading. Market Data Suggests $15B Demand For Spot Ethereum ETFs Hougan’s projections are based on a thorough analysis of available data. He emphasizes that there is no need for speculation when estimating the demand for spot Ethereum ETFs. Instead, Hougan points…