Hyundai Card appears to be moving toward a much more ambitious phase of its blockchain strategy after successfully testing stablecoin-based corporate payments on Avalanche. Heejung Nam, head of Payments and business development at Hyundai Card, stressed that Hyundai now has to demonstrate that the system can work beyond a relatively small proof of concept. “We
1inch has officially launched Arc in its decentralized application, enhancing its utility for users. This integration allows for seamless asset swaps and cross-chain transactions, reflecting the platform’s commitment to evolving in the competitive crypto space. As noted in a tweet from the project, this feature aims to simplify the trading experience for users navigating multiple
Bitcoin price traded near $76,200 after a volatile week as the failed CLARITY Act vote and the Federal Reserve’s rate increase kept pressure on the market. Technical indicators now point to resistance near $78,600, while liquidation data places the main downside liquidity cluster around $74,600. Bitcoin price retreats after rejection near $80,000 According to data
Chainlink has teamed up with Trex Network to enhance accessibility to its data streams, targeting market makers and algorithmic traders. This collaboration aims to provide robust real-time data, vital for informed trading decisions and efficient strategies. As the demand for accurate data rises, this partnership positions Chainlink favorably in a competitive landscape, potentially attracting more
Starknet has announced a major milestone with a quantum-safe Bitcoin transaction mined on its mainnet. This significant achievement, confirmed through a tweet by @Starknet, demonstrates the growing interest in enhancing Bitcoin’s security against quantum computing threats. The implications of this breakthrough could lead to more robust crypto transaction protocols moving forward. For more details, see
Komainu has announced its role as a Day 1 launch partner for the Arc mainnet, providing institutional-grade custody support. This partnership is significant as it highlights the growing institutional interest in blockchain technology and could bolster confidence in the Arc platform. As noted in Komainu’s tweet, the mainnet aims to enhance programmable money and financial
Bitfinex provided critical insights into the recent dynamics surrounding Bitcoin’s price movement, specifically noting that Bitcoin broke its 24-day range, closing at $75,702, down 3.2%. On the same day, ETFs sold $450.4 million worth of Bitcoin. This commentary underscores the growing institutional interest and could signal future market behavior. Read more here. The Story So
Ami Ben-David, CEO of Ownera, highlighted that fragmentation poses a significant risk to tokenized markets. Ownera’s FinP2P protocol has now integrated with Hedera to create trusted, institutional-grade infrastructure for real-world asset tokenization. This collaboration holds potential for greater market stability and could attract institutional interest in Hedera’s offerings, as detailed in Hedera’s tweet. Breaking It
The Federal Reserve unanimously voted to raise its benchmark interest rate by 25 basis points, bringing the new target range to 3.75% to 4.00%. Bitcoin dropped to an intraday low of $75,242 earlier today on the Bitstamp exchange. BTC/USD via TradingView According to the central bank, this move is specifically designed to support a timelier
According to a new investigation, validators are accepting payments starting at 10 $SOL ($1,000) a month to leak early access to Solana trades they receive for block production. Maximal extractable value (MEV) is on allegedly sale to quants via an incredibly valuable, realtime feed of pre-execution transactions. Corvus Labs’ Andrei Vacariu traced payouts through a