Trikon has disclosed a new partnership between the layer-1 blockchain KiiChain, which is based on the Cosmos-based SDK and compatible with EVM. The alliance will look into how RWAfi, Payfi, and cross-chain tokenization may contribute to faster adoption of global decentralized finance and specifically the areas where the blockchain infrastructure is still developing. 📣 Trikon
A stunning event recently unfolded in the fast-paced world of decentralized finance, highlighting the immense volatility and inherent risks of high-stakes crypto trading. A prominent figure known as AguilaTrades, a whale trader operating on the Hyperliquid decentralized exchange, suffered a significant financial blow. This AguilaTrades loss amounted to a staggering $1.85 million, incurred over just
Meliuz, the largest Bitcoin Treasury Company ( BTC) in Latin America, posted one of the best financial results in its history, achieving a year-over-year cash revenue of nearly $9 million as the company completed the first quarter of its public bitcoin pivot. Meliuz Breaks Financial Records After Pivoting to Bitcoin, BTC Yield Swells Bitcoin Treasury
Soramitsu, a Japan-based blockchain developer, will help the government of Pakistan build its central bank digital currency effort, after having been involved in similar projects. The Pakistan CBDC pilot is being implemented with offline payment capabilities in mind. Japan-Based Soramitsu Enlisted to Create Pakistan CBDC More countries are developing their central bank digital currencies (CBDCs),
Story Highlights USCF has filed for an innovative Oil Plus Bitcoin ETF, delivering 2x exposures. The fund will invest in Bitcoin Futures, including micro futures, and Bitcoin-related securities. However, this inititiave will expose potential risks for crude oil that may affect its price. USCF (United States Commodity Funds) has filed for an innovative “Oil Plus
Key takeaways Bitcoin hit a new all-time high of $124,457 a few hours ago as the broader crypto market rallied higher. BTC could be looking to continue its upward momentum and target the $130k mark next. BTC hits a new all-time high The cryptocurrency market has continued its positive trend after Monday’s slump. Bitcoin recovered
Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), is as wealthy as he is elusive, and he’s only getting richer. Namely, the mastermind behind the world’s first and most popular cryptocurrency is now worth nearly $133.5 billion. The number puts him ahead of Bill Gates in terms of net worth, as the Microsoft (NASDAQ: MSFT)
In a lengthy social media post, David Schwartz, chief technology officer at Ripple, stated that “the crypto tent is only getting bigger” in response to other players in the realm of payments and stablecoins launching their own blockchains. This, according to Schwartz, shows that blockchains are now viewed as “core financial infrastructure.” XRPL’s 13-year edge