Kraken Valuation, Millions Of Crypto Robinhoods, 1inch Bridge + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Kraken is in talks to raise new funding that would see its valuation more than double, to more than USD 10bn, reported Bloomberg, citing a person familiar with the matter.

Crypto Listing and Delisting Announcements: Week 8

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bibox Listings: DAO Maker (DAO) StarLink (SLNV2) Hash Bridge

3 reasons why Fantom (FTM) price continues to rally to new all-time highs

In the past month, Fantom price increased 1,570% as governance features and a cross-chain bridge to Ethereum strengthen its DeFi aspirations. Interoperability has emerged as the hot topic in February as platforms like Binance Smart Chain and Polkadot work on building Ethereum network bridges that allow users to escape high transaction costs and network congestion. Fantom (FTM) is the latest project to receive a boost by offering cross-chain functionality with Ethereum, and data from Cointelegraph Markets and TradingView shows a 1,570% increase in FTM price from $0.025 on Jan.

Blockchain tech will bridge the gap between DApps and enterprises

It is crucial that traditional enterprises join the decentralized ecosystem to bring added security and legitimacy to the industry. Blockchain technology is revolutionizing the way we interact, transact and share information, with many experts predicting it will be the most disruptive technology in the next decade.

Harmony (ONE) gains 230% after Ethereum network integration

Harmony price surged in February after adding a trustless Ethereum bridge to avoid high gas fees. Since the start of February, Harmony (ONE) has rallied by 230% and while the proof-of-stake smart contract platform benefited from Ethereum’s skyrocketing gas fees, the recent meteoric rise appears to be driven by more fundamental factors. Harmony (ONE), ATOM, SOL, NEAR, OMG at Binance.

BNY Mellon’s crypto entrance seeks to bridge generational adoption gap

Can BNY Mellon’s entry into the crypto space provide the fuel Bitcoin needs to pass the $50,000 mark, or is it an insignificant move? While the naysayers continue to wish for the so-called “Bitcoin bubble” to burst, the premium cryptocurrency continues to scale to new heights, seemingly with each passing day.

3 Ways Biden Can Be Friendly With China

I’ve often viewed myself as both a global citizen and a bridge between East and West.

New $50M Venture Fund Aims to Bridge East-West DeFi Investment Divide

Spartan Group's new fund has raised over $30 million in its first round, with a further $20 million expected to be raised in March or April.

Cross-chain DeFi interoperability on the agenda as Ren joins Alameda

Ren is teaming up with Alameda to boost cross-chain decentralization. Cross-chain bridge service Ren has announced that its development team will be joining Alameda according to a blog post by CEO Taiyang Zhang. As part of the announcement, Zhang revealed that the focus of the move is on enabling Solana (SOL) support on RenVM — the project’s cross-chain liquidity protocol launched back in May 2020. According to the Zhang, development work on the integration is currently being audited with full deployment expected to begin by the summer.

Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi

The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance. Circle, the company behind the second most popular stablecoin USD Coin, has rolled out a new API that will allow for the seamless transfer of USDC to USD via automated clearinghouse (ACH) systems.  The first exchange to adopt the new API will be derivatives and futures specialist FTX, looking to speed up USD settlement processes on behalf of their customers. In a blog entry, project manager Gee Chuang described how Circle’s ACH API improves connections between the fiat world and the digital world by introducing interoperability among payment rails, such as card, wire and blockchain transfers.

COTI, STASIS integrate Chainlink to bridge CeFi-DeFi

Bridging the gap between traditional finance and DeFi protocols seems to be the need of the hour, and Chainlink’s recent integrations seem to be facilitating just that. Blockchain-powered Fintech The post COTI, STASIS integrate Chainlink to bridge CeFi-DeFi appeared first on AMBCrypto.

Clever Aave to Matic bridge keeps track of yields

A new type of cross-chain bridge has been invented which integrates the interest-yielding properties of DeFi with second layer solutions for Ethereum. The first Aave-friendly Ethereum to Matic bridge has opened for business, allowing users to port Aave’s interest-bearing aTokens back and forth between the DeFi protocol and the faster, cheaper layer-two network. The bridge was developed and launched by Nick Mudge, Lead Solidity Developer of Aavegotchi.

Metaverse: The Bridge Over NFT To Integration

You can now go to a museum in Japan to experience moving digital art.

Bridge Mutual brings safety to DeFi with Plasma.Finance partnership

One of the main concerns for the recent flood of new users entering the digital asset space is the safety of their funds.

Ripple continues to position XRP as 'bridge asset' for CBDCs

Despite its ongoing legal troubles, Ripple appears to be continuing its mission to position XRP as a "bridge asset" between Central Bank Digital Currencies (CBDCs).

This Project Looks to Bridge Multi-Chain Gaps as the Layer 2 of DeFi

As interoperability continues to prove a pain point for AMMs, Tenet connects popular DeFi protocols via the native $TEN token.

Cardano takes 'preliminary' steps towards building a bridge with Litecoin

Cardano has been working on developing and expanding its ecosystem for a long time now, with the community focusing on bridging the gaps between the market's altcoins.

Nervos launches Ethereum bridge it says devs can use right out of the box

China’s Nervos has launched a trustless bridge designed to simplify cross-chain transactions between its CKB network and Ethereum. Chinese public blockchain project Nervos has announced the launch of a cross-chain bridge between it and Ethereum. The launch of Nervos’ Force Bridge was revealed on Dec.

'Secret' bridge turns ERC-20 tokens into privacy coins

"Secret Tokens combine the programmability of ERC-20s with the privacy of coins like Zcash or Monero.” An open-source blockchain protocol called the Secret Network is now offering privacy features for the Ethereum blockchain and 14 ERC-20 tokens. According to a Secret Network blog post, the protocol launched its Secret Ethereum Bridge on the mainnet today, which is designed to allow Ether (ETH) and all ERC-20 token holders to create programmable versions of their assets with privacy features.

Kadena Onboards Celo’s Dollar Stablecoin, Plots January Launch for Decentralized Exchange

The hybrid blockchain maker said it is collaborating with fintech firm Celo to on-board its stablecoin, cUSD, to Kadena’s platform using a trustless bridge.

Aegis Custody Clears Hurdle in Bid for South Dakota Trust Charter

Aegis Custody wants to build a tokenized bridge between US investors and trade finance opportunities in Asia.

RSK launches Powpeg, a trustless Bitcoin bridge architecture

The pegging process no longer relies on functionaries holding custody of bridged funds. Bitcoin sidechain RSK launched a new bridge protocol called Powpeg, which will facilitate a trustless connection between Bitcoin (BTC) and RSK’s wrapped version of it, called RBTC.

Institutional Bitcoin Investors Hodl As S&P DJI Opens New Crypto Bridge

Institutional investors are about to get another instrument to access cryptoassets as they have already poured billions of US dollars in bitcoin (BTC) only.

Ways DeFi is Changing Finance and its Stand in 2020

Decentralized finance (DeFi) is the bridge between traditional centralized currency and decentralized cryptocurrencies like Bitcoin, Ethereum.

TrustToken and Syscoin Partner on a Stablecoin Bridge

Popular decentralized marketplace and e-commerce protocol Syscoin has teamed up with TrustToken on providing a scalable and secure stablecoin bridge.

Can RippleNet bridge 'local CBDCs' efficiently? This exec thinks so

With the crypto-market rally finally gathering steam over the past few months, many expect the likes of Ripple to take the next step forward.

Crypto Custodian Copper Aims to Bridge Gap Between DeFi and Traditional Finance With New Tool

The new tool, CopperConnect, covers the "DeFi lifecycle" as an asset moves from custody to smart contract and back.

VanEck Opens Another Bridge To Bitcoin For European Investors

Today, VanEck Europe, an arm of US-headquartered major US asset manager VanEck, launched its crypto exchange-traded note (ETN), tradable via Deutsche Börse Xetra, targeting investors in Germany, the Netherlands, and the UK.

Bison Trails launches QT protocol to help developers build on Libra

Libra Association founding member, Bison Trails, has released a QT protocol allowing developers to read and write data to Libra’s pre-mainnet using off-chain systems. Blockchain technology and staking service provider Bison Trail has announced the launch of its Query and Transactions Clusters, or QT, protocol to help developers build on Facebook’s forthcoming Libra network. Libra QT offers a bridge between Libra’s pre-mainnet and off-chain systems, allowing dedicated off-chain infrastructure to read and write data to the blockchain. According to a Nov.

Ethereum ‘Killer’ Avalanche Is Building an ETH Bridge to Liquidity

Avalanche's new tech will let you port tokens to and from Ethereum.

Celo taps Chorus One to build a bridge with Cosmos, paving the way for others

Celo is the latest blockchain network to strive for interoperability, with Chorus One receiving a grant to build a bridge between Cosmos and Celo. Celo has awarded a grant to staking service provider Chorus One to build a bridge facilitating interoperability between the Cosmos and Celo networks. The proof-based bridge will allow “bidirectional communication’ between Celo and Cosmos, allowing Celo’s cUSD stablecoin to operate on the Cosmos network, and Cosmos-based assets including ATOM, BAND, and KAVA to be held in the Celo Reserve. According to a Nov.

'Combination of obstacles' stopping XRP's use as bridge asset, says Ripple exec

Many in the community have often raised a host of questions about XRP's viability and utility.

Ethereum Classic Labs announces DAI-ETC Bridge with ChainSafe

Many cryptocurrency projects have been working on financial inclusion and Ethereum Classic recently announced a step towards it.

ETC Builds a Bridge Back to Ethereum...for DeFi

ETC Labs, the foundation supporting development of the Ethereum Classic blockchain, has announced DAI stablecoins are coming to ETC via Chainsafe.

XRP, XRPL will be 'bridge' between CBDCs, says Ripple exec

David Schwartz, CTO at Ripple, recently delivered a lecture at Berkeley, a lecture during which he shared his views on how he sees XRP and XRPL fitting into the broader picture of a world with CBDCs.

Wrapped Zcash is Coming to Ethereum’s DeFi Ecosystem

Thanks to a new Zcash-Ethereum bridge, ZEC holders will be able to use their coins on decentralized finance (DeFi) platforms as WZEC.

Ripple CTO Assesses XRP as a Bridge Cryptocurrency Between CBDCs, Stablecoins, and Fiat

Ripple’s CTO David Schwartz discussed the key role Ripple (XRP) tokens and other cryptocurrencies would play in a market where CBDC was becoming a hot topic.

Dash Rallies On A DeFi Bridge

Dash (DASH), one of the most widely adopted cryptocurrencies in the market, outperformed 98 largest coins by market capitalization today, rallying on a decentralized finance (DeFi)-related partnership news. At the time of writing (12:08 UTC), DASH is trading at a price of almost USD 74, jumping up 10% in the past 24 hours, ranking it 30th amongst the top contenders.

Payments-focused cryptocurrency Dash now has a bridge to DeFi

A StakeHound collaboration allows Dash holders to earn masternode staking rewards and access DeFi services at the same time. Dash (DASH) holders will soon be able to access a wide range of decentralized finance, or DeFi, services through a collaboration with StakeHound. According to an announcement on Oct.

NIX Bridge Token, the Gateway to Private DeFi – Presale Now Live

It has become impossible to imagine the cryptocurrency market without DeFi.

Boringdao Raises $1.4M: Project’s Tokenized BTC Bridge Backed by 200% Collateral

There’s a new tokenized bitcoin project coming to the decentralized finance (defi) ecosystem that’s recently received $1.4 million from blockchain investors.

Solana launches ‘Wormhole’, a cross-chain Ethereum bridge

Solana, which offers scalable solutions to decentralized applications, today announced the launch of its cross-chain bridge, dubbed Wormhole, which connects ETH and ERC-20 tokens to the Solana blockch The post Solana launches ‘Wormhole’, a cross-chain Ethereum bridge appeared first on AMBCrypto.

Solana Builds Bridge to Take DeFi Pressure off Ethereum

Wormhole is a cross-chain bridge that allows projects to get the speed of Solana without totally leaving the comfort of Ethereum.

Solana set to launch decentralized Ethereum bridge to power DeFi

Ethereum liquidity will no longer have to go through FTX to reach Solana. Solana, the smart contract platform that recently entered the spotlight thanks to FTX’s Serum, announced the upcoming release of what it says is a decentralized bridge for Ethereum ERC-20 tokens. Called Wormhole, the bridge would allow users to transfer value between the different blockchains, turning ERC-20 tokens into Solana’s corresponding SPL standard. The bridge is currently being audited by Kudelski, a major Swiss security firm.

RSK Bitcoin sidechain ports Dai to connect with Ethereum DeFi

Interoperable DeFi platforms can help with Ethereum's high transaction fees. The team behind the smart contract-enabled sidechain extension for Bitcoin, RSK, announced Tuesday that Maker’s Dai (DAI) stablecoin is now available on the platform. The integration makes it possible to transfer Dai from Ethereum to the RSK sidechain, which makes it available for use in its Bitcoin-backed decentralized finance ecosystem. The solution uses the Ethereum token bridge developed by the RSK Infrastructure Framework (RIF) team.

Filecoin DeFi Bridge to Bring Liquidity to Storage Marketplace

Filecoin, in the works since 2017, is expected to launch in two weeks.

Bitcoin Holders Can Now Get Into Mobile-based DeFi on Celo

The Celo blockchain platform, designed for financial applications, now has a bridge to Bitcoin via ERC-20 token tBTC.

RioDeFi Builds a Bridge to India before its long awaited IDO on Uniswap

RioDeFi’s readying for India with INR banking services for RioDeFi ecosystem & RFUEL token RioDeFi is creating a payments ecosystem that builds bridges between traditional finance and the dig The post RioDeFi Builds a Bridge to India before its long awaited IDO on Uniswap appeared first on AMBCrypto.

Chinese state-endorsed public chain to act as a global DeFi bridge, says Conflux CEO

Chinese Free Trade Zone is open to experimenting with permissionless DeFi applications. Conflux Network, a permissionless blockchain project which is endorsed by the Chinese state, told Cointelegraph on Sept.

tBTC Launches for the Second Time to Bridge Bitcoin and Ethereum

tBTC has launched (for the second time) to provide a trustless bridge between Bitcoin and Ethereum. The post tBTC Launches for the Second Time to Bridge Bitcoin and Ethereum appeared first on CryptoPotato.

Bitcoin-Ethereum bridge token TBTC is now ready for use 

ERC-20 token, TBTC, which lets Bitcoin holders safely copy BTC over to Ethereum and access yields from DeFi apps on Ethereum, has been launched and is ready for use on the tbtc.network, according to a The post Bitcoin-Ethereum bridge token TBTC is now ready for use  appeared first on AMBCrypto.

What Is So Special About Bridge’s TRON-Based Oracle Network?

The Bridge Oracle IEO, which sold out in six hours on September 15th on BW.com, kicks off the introduction of TRON network’s first Oracle System and has already led off excited chatter over the cryptosphere.

60% of Firms in Blockchain Sandbox City Don’t Know What Blockchain Is

The Gwangandaegyo or Diamond Bridge in Busan, South Korea.

Bridge IEO Will Launch Tomorrow: TRON’s First Smart Contract Oracle System

[PRESS RELEASE – Please Read Disclaimer] 14th September 2020, Kuala Lumpur, MALAYSIA: One of the largest blockchain-based decentralized operating systems, TRON is a highly scalable and reliable network that has one of the most effective smart contract environments.

Blockchain Bites: Square’s Patent Posse, Binance’s DeFi Bridge, SushiSwap’s Co-Founder Speaks

Square is pushing back against crypto patent hogs, Binance is doubling down on DeFi and the ECB's Lagarde says Europe is losing the CBDC race.

Get Ready for 'CeDeFi' While Crypto CEO Warns of a DeFi Bubble

Major crypto exchange Binance announced that they are attempting to bridge decentralized (DeFi) and centralized finance (CeFi) via a new support fund, prompting discussions of the creation of "CeDeFi." At the same time, crypto market data provider Messari CEO warned of a DeFi bubble pop coming sooner than expected.

Ren and UMA launch a Bitcoin-backed yield dollar

A new Bitcoin backed yield dollar from Ren and UMA enables liquidity mining for BTC holders. Trustless cross-chain bridge Ren and permissionless synthetic asset platform UMA have teamed up to launch a Bitcoin-backed yield dollar called uUSD, in addition to a joint liquidity mining reward program. The partnership will result in a product that allows investors to leverage Bitcoin permissionlessly on the Ethereum network.

Bridge Oracle IEO Launches with Bitcoin.com Co-Founder Mate Tokay as Advisor

8th September, 2020, Kuala Lumpur, Malaysia – Bridge Oracle may very well be on the cusp of achieving the holy grail of the crypto-sphere: mass adoption.

A Whole Lot of DeFi and 20 Crypto Jokes

In DeFi news: the DeFi boom may be prompting the growth of a BTC-ETH bridge, a new item was served on the DeFi table - SushiSwap, Mike Novogratz said that the DeFi frenzy proves the power of bitcoin and warned of a possible correction, and after criticizing yield farming again, Vitalik Buterin revealed his vision for a new DeFi project.

Ethereum Bridge MetaMask Mobile Now Live on Apple, Android

The MetaMask browser extension has been downloaded over a million times.

DeFi Alliance to Bridge Western, Asian Crypto Markets Launches

Open DeFi is a consortium to help the East meet the West.

Prompted by Booming DeFi, a Bridge Between Bitoin and Ethereum is Growing

Following a recent massive rise of decentralized finance (DeFi) projects - and because of it - some analysts expect wrapped bitcoin to continue being a growing bridge over which bitcoin (BTC) would be ported to Ethereum (ETH).

Dubai’s Free Zone to Bridge the UAE-India Agriculture Trade Gap with Blockchain

Dubai Multi Commodities Centre has established a blockchain agriculture trading and sourcing platform to link India's rural farmers with the UAE food sector.

UK exchange Archax teams up with Algorand on DeFi projects

The partnership between Archax and Algorand could help bridge the gap between decentralized and centralized finance Digital security exchange Archax and DeFi protocol Algorand have formed a partnership to build a new line of products to bridge the gap between centralized, and decentralized, finance. Archax and Algorand will work together to release “innovative smart financial products” including stablecoins using smart contracts and liquid alternatives — mutual funds or exchange-traded funds (ETFs) that aim to provide investors with diversification.

Developers Eye Mid-September for Ethereum, Polkadot Bridge Proof-of-Concept

The Snowfork proof-of-concept acts as a two-way bridge between the Ethereum and Polkadot ecosystems, according to the group.

Giants Connect: New General-Purpose Bridge Between Polkadot and Ethereum

Snowfork is working on developing a trustless general-purpose bridge between Polkadot and Ethereum.

Ripple Partner Details Plan to Bridge XRP and Ethereum Ecosystems

Flare says it’s building a bridge between XRP and the Ethereum ecosystem.

A new Polkadot to Ethereum bridge could enable cross-chain DeFi composability

Smart contracts on Ethereum will be able to directly interact with Polkadot. A new project building on Polkadot wants to create a comprehensive bridge with Ethereum that would eventually relay direct smart contract instructions. The bridge is being developed by Snowfork, a software development company.

First Bridge Between XRP and Ethereum Might be Built by Flare

A new proposal by Ripple partner Flare Networks could finally enable a bridge between the XRP and Ethereum (ETH) ecosystems, currently the third and second most valuable digital assets by market capitalization, respectively. Posting on Twitter earlier this week, Flare Networks said that “integrating a trustless 2 way bridge between Ethereum and Flare” will likely be one

Flare proposes new bridge to allow XRP to be used on Ethereum

The Flare Network plans to build a new two-way bridge connecting XRP to the Ethereum ecosystem. On Aug 26, Ripple (XRP) partner Flare Networks revealed details of a proposed new bridge connecting XRP with the Ethereum (ETH) blockchain.