Author: Crypto News Live
STRK’s price resisted a major decline after millions of tokens went into exchanges. Indicators suggested that the value could drop amid falling volume and rising volatility. Two of the largest Starknet [STRK] holders might have put the price at risk of a decline, but data showed that STRK seems to be holding on well. On the 25th of May, AMBCrypto discovered through Spot On Chain that Tenoe, a Three Arrows Capital (3AC) liquidator, deposited 2.18 million STRK into Binance. How ETH secured STRK’s Freedom Large exchange deposits like this are supposed to precede a price decrease. But the Starknet token…
Crust Network, a prominent platform that offers decentralized storage for Web3 users, has recently announced an exclusive integration. As per the company, it is integrating with BASE (an Ethereum-based layer 2 chain offering cost-efficient, secure, and developer-friendly on-chain development) to provide matchless decentralized storage. The platform revealed this development on the social media platform X. 🌟Exciting news! Crust Network is now integrated with @base, bringing seamless decentralized storage to the ecosystem. With Crust Files and Crust Cloud supporting #BASE, developers and users can enjoy a secure, efficient storage experience. ⬇️Log in with your BASE wallet and… pic.twitter.com/QX9zw67Ync — Crust Network…
Jack Mallers asserted Bitcoin is the ultimate hedge against economic uncertainty. Despite volatility, significant investor interest in Bitcoin persisted. Ever since the approval of the Bitcoin [BTC] spot ETF, the king of cryptos has remained in the limelight. As more institutional investors enter the crypto markets, the question arises — why has Wall Street suddenly become so bullish about crypto? Jack Mallers’s insight on the current macroeconomy In a conversation with Anthony Pompliano, Jack Mallers, CEO of Strike, implied that this renewed interest in cryptocurrency may be because of the deep-rooted problems that we have in the current geopolitical setup.…
Aura Network, an L1 providing open infrastructure with the use of modular technology stacks, has announced a new project. The platform is reportedly unveiling Aura EVM to increase the possibilities facilitating the developers in the Web3 sector as well as increase its adoption. On its official X account, the company disclosed insights into the project. 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴 𝗔𝘂𝗿𝗮 𝗘𝗩𝗠: 𝗘𝘅𝗽𝗮𝗻𝗱𝗶𝗻𝗴 𝗣𝗼𝘀𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗪𝗲𝗯𝟯 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗲𝗿𝘀Since its inception, Aura has led the way in the permissioned CosmWasm app chain space, with a strong focus on NFT and mass adoption solutions. We’ve… pic.twitter.com/feZY33kXhE — Aura Network (@AuraNetworkHQ) May 23, 2024 Aura Network Releases Aura…
Following the sudden approval of the Ethereum Spot ETF last week, speculations continue to roll in on the potential performance of these funds ahead of their debut trading session. Most recently, renowned Bloomberg ETF analyst, James Seyffart has weighed in on the subject giving his thoughts on the possible level of investments the Ethereum spot ETFs could pull in relation to their Bitcoin-based equivalents. Related Reading ETH Spot ETF Limited By Ethereum’s Utility And Other Factors – Analyst In an interview session on X on May 24 hosted by Bitwise Chief Investment Officer Matt Hougan, Seyffart stated that the Ether…
Gala Music is thrilled to introduce the Future Box! This exclusive offering features music from VOXverse rising stars FutureBoy and Gala Girl, promising an immersive and gamified music discovery experience for fans and VOXverse members alike.—For just $4.99, the Future Box unlocks a treasure trove of rewards:Explore a Multiverse of Exclusive Rewards: Delve into rare in-game VOXverse experiences, snag limited-edition Gala Music merch (including a shot at a coveted varsity jacket!), and enjoy sneak peeks at upcoming artists and features on Gala Music.Fuel the Next Music Revolution: Support rising stars FutureBoy and Gala Girl with $MUSIC tokens, Gala Music’s utility…
Buying pressure on Lido remained high throughout the past week Most indicators and market sentiment looked bullish on LDO’s charts The hype around Ethereum ETFs had a positive impact on Lido DAO [LDO] as the token pushed its price up considerably. Such was the scale of price appreciation that in the last 24 hours alone, the crypto registered double-digit gains on its charts. Lido’s bull rally Lido was one of the tokens that benefited the most from the Ethereum ETF approval episode, as its price rallied by more than 40% in the last 7 days. According to CoinMarketCap, in the…
Zeta Markets, a leading Solana-based decentralized exchange (DEX) specializing in onchain perpetuals, has announced the launch of ZX (Zeta X), a cutting-edge Layer 2 solution set to revolutionize derivatives trading on Solana. Anticipated for an early 2025 mainnet release, ZX promises to enhance performance, scalability, and user experience across the platform. ZX represents an optimistic rollup built on the Solana blockchain, leveraging zero-knowledge (zk) proofs for trustless on-chain settlement. This innovative approach combines Solana’s Layer 1 capabilities for data availability and settlement with an off-chain matching engine. The result is a platform that rivals centralized exchanges in performance, while maintaining…
SEC approved the 19b-4 listing for Ethereum ETFs, but S-1 approval is awaited Bitcoin ETFs have been seeing massive inflows, with Ethereum expected to attract millions too After much speculation surrounding the approval of Spot Ethereum [ETH] ETFs, the SEC gave a green light to these financial products a few days ago. However, what’s significant here is that they’ve only approved the 19b-4 listing requests for ETH ETFs, not the critical S-1 registration statements. What’s behind the split? This split approval raises questions, with some suggesting a potential political influence rather than a careful review of the ETF proposals. Sharing a…
Know-your-customer (KYC) solutions are becoming increasingly important for crypto companies, financial services firms, and institutions. Grand View Research found that the global KYC software market size was valued at $2.93 billion in 2021. The number is expected to expand at a compound annual growth rate (CAGR) of 20.8% over the next six years. Grand View Research’s report further noted the growth of the KYC market, which can be attributed to the importance of compliance management and the rising number of identity-related frauds in financial institutions. The rise of deep fakes and artificial intelligence (AI) related scams is also leading to…
