Editor's Choice
HBAR Foundation Joins Chainlink Scale to Integrate Chainlink Data Feeds and CCIP on Hedera Platform, Supporting Security and Cross-Network Compatibility for DeFi Applications 🌐
The HBAR Foundation has joined Chainlink Scale, strengthening the collaboration between Chainlink and Hedera ecosystems. Now, Chainlink Data Feeds are available on Hedera's test network, with Chainlink CCIP integration underway, providing developers with tools to build decentralized applications.The partnership between Chainlink and Hedera began in 2021, when Chainlink Labs joined the Hedera Governing Council, participating in its decentralized governance. By joining Chainlink Scale, Hedera developers can leverage high-quality data from Chainlink to secure DeFi applications and prevent manipulation.Additionally, the Chainlink CCIP integration will support the creation of applications with cross-network compatibility and secure token transfers, opening up opportunities for developing innovative solutions in Web3.
Hitachi Solutions Introduces a Comprehensive Solution for the Development and Commercialization of Web3 Platforms with Support for Hyperledger Besu and GoQuorum 🌐
Hitachi has introduced a new solution for Web3 development. Hitachi Solutions, a subsidiary, offers comprehensive support for businesses: from staff training to the creation and commercialization of Web3 platforms.The training begins with the topic "What is Web3?", followed by business consultations, case development, infrastructure development, and maintenance. As part of this offering, the company also utilizes the Hyperledger Besu platform and the GoQuorum solution from Web3 Labs (UK), integrating familiar cloud services and platforms."Our program is suitable for both beginners and those preparing to commercialize Web3 projects," says Hitachi Solutions.
Visa launches partnership with Coinbase: instant deposits for Visa debit card holders in the US and EU, simplifying cryptocurrency operations 💳
Visa has announced a partnership with the cryptocurrency exchange Coinbase to enable instant deposits. Now, Coinbase users with eligible debit cards can instantly fund their accounts via Visa Direct, allowing them to respond more quickly to market changes in the cryptocurrency world.Visa’s Head of Crypto, Kai Sheffield, emphasized that the new feature speeds up the funding process, minimizing traditional delays. Visa cardholders will also be able to withdraw funds to their bank accounts in real-time, simplifying transactions for cryptocurrency operations.
Space and Time Labs, with support from Microsoft, is launching the SXT Chain blockchain test network to transfer zero-knowledge (ZK) proof data to smart contracts on Ethereum and ZKsync 🚀
Space and Time Labs, backed by Microsoft, has launched the SXT Chain test network — a blockchain for transferring zero-knowledge (ZK) data into smart contracts. SXT Chain integrates with major blockchains, including Ethereum and ZKsync, and stores data in a decentralized network. The Proof of SQL platform allows developers to extract and verify data, which is then sent to smart contracts. This opens up possibilities for adapted DeFi applications: for example, lending platforms can take wallet transaction history into account for more personalized conditions.Space and Time is also developing a ZK chain based on ZKsync to support smart contracts and DeFi applications.
OKX appoints Standard Chartered as a third-party crypto custodian for institutional business, enhancing digital asset security and attracting new participants 💼
The European Union will invest €1.4 billion ($1.5 billion) in 2025 to support the advanced technology and artificial intelligence sector 🌐
Kalshi and Zero Hash Open 24/7 Funding Through USDC 💰, Providing Instant Access to Event Trading 🌍 on the First CFTC-Regulated Exchange 📊
Gemini has received approval from the Monetary Authority of Singapore to provide digital payment token and cross-border transfer services 🌏
Legion launches a reputation system for ICOs in Europe aimed at retail investors and Web3 startups under MiCA regulation 🌍
MANTRA Chain joins forces with Google Cloud to accelerate real-world asset (RWA) tokenization and launch the MANTRA Incubator in 2025 to support Web3 projects 💼
Coinbase became one of the first U.S. cryptocurrency exchanges to resume sports sponsorships after the FTX collapse: partnerships with the Canadian Football League, NBA Golden State Warriors, and Nike Melbourne Marathon 🎉
Plastichero enters the Middle East market with a blockchain platform and PTH tokens to combat plastic waste under the leadership of Bruce Zhong 🌍
Alchemy Pay launches Alchemy Chain based on the Solana Virtual Machine for seamless integration of cryptocurrencies and fiat currencies with support for the $ACH token and Trusted Proof-of-Authority mechanism 🔗
Alchemy Pay, a leader in crypto payments, is launching the Layer-1 blockchain platform Alchemy Chain, built on the Solana Virtual Machine (SVM) architecture. Alchemy Chain aims to enhance interactions between crypto and fiat payments and support the company's large-scale business operations.Alchemy Chain will provide seamless interaction between blockchain transactions and external storage, allowing fiat and cryptocurrencies to coexist without barriers. The Trusted Proof-of-Authority (TPoA) mechanism is used to ensure security and transparency, while the high-scalability infrastructure and Layer-2 solutions minimize redundant data storage and optimize performance.The $ACH token will be the foundation of Alchemy Chain, used for paying fees, with users able to use both $ACH and fiat. The platform will also offer the opportunity to earn income in stable coins.Alchemy Chain includes developer tools: Meme Launchpad and Meme Telegram Bot, which simplify the launch of meme projects and interaction with the ecosystem. This launch strengthens Alchemy Pay's mission to integrate cryptocurrencies into everyday financial systems and support their global adoption.
ZA Bank in Hong Kong launches a pilot project for safe cryptocurrency trading for retail investors in a regulated banking environment 🚀
Hong Kong's digital bank ZA Bank has launched a pilot project for virtual asset trading, allowing retail investors to trade cryptocurrencies safely in a regulated banking environment. After successful testing, the bank plans to officially launch the service through its app.ZA Bank CEO Ronald Yu emphasized that this step supports the development of virtual assets and strengthens Hong Kong's status as an international financial center.
Hackers Uses Andy Ayrey's Account to Promote Fake $IB Token, Stealing $602,500 in One Hour 🚨
Hackers have started using celebrities, such as Andy Ayrey, to promote fake cryptocurrencies, leading to financial losses for investors. Recently, Ayrey's hacked Twitter account was used to advertise the fake token $IB, allowing hackers to withdraw $602,500 in just one hour.Such incidents are not uncommon. For example, Kim Kardashian and Floyd Mayweather promoted EthereumMax, which soon collapsed, while Tom Brady and Stephen Curry supported the FTX platform, which later went bankrupt, causing losses for investors.These cases highlight the importance of verifying projects before investing. Investors should thoroughly review promotional claims and understand the principles of cryptocurrencies to avoid fraud.
Circle and HKT sign Memorandum of Understanding for creating innovative blockchain loyalty programs with Web3 solutions in Hong Kong 🛠️
Circle, a global fintech company, has signed a Memorandum of Understanding with HKT, a leader in technology and telecommunications, to develop blockchain-based loyalty solutions for retail companies in Hong Kong.Combining Circle's expertise in Web3 with HKT's ecosystem, the companies aim to create innovative tools to enhance customer engagement with retail outlets. This solution is directed at more dynamic and socially-oriented loyalty programs.Circle’s technologies, such as programmable wallets, will allow entrepreneurs to integrate digital assets and smart contracts, simplifying blockchain adoption in business.
Best news of the last 10 days
Donald Trump and World Liberty Financial Raised $14 Million to Launch a Dollar Stablecoin Amid Possible CBDC Ban and Tax Changes 💵
Stacks launches the Nakamoto update: Bitcoin transactions in seconds, 100% finality, and maximum data protection for users ⏱️
FV Bank and Visa Launch Debit and Corporate Cards Supporting Fiat and Digital Currencies for Global Payments 🌎
A fake app called “Curve DeFi v3” posing as the popular platform Curve Finance 🚫 has infiltrated the App Store 📱, making it to the top 100 financial apps 💰, despite reviews labeling it as a scam.
REI Network announced a partnership with Whistle: combining zero-fee blockchain and a social ecosystem for interactive communication and fan economies 💬
REI Network has announced a partnership with Whistle, combining its zero-fee blockchain with Whistle's social ecosystem to enhance user engagement with digital products. The goal is to create an environment for deeper interaction between content creators and their fans, as well as for building fan economies. The partnership is aimed at developing a distributed social environment, providing users with new tools and features for more interactive communication. Initiatives expanding online interaction capabilities and paving the way for decentralization and user control are expected to be launched in the coming months.
Lido DAO launches Community Staking Module: Ethereum staking from 1.5 ETH with an opportunity for individual participants to contribute to network decentralization 🔗
Lido DAO has approved the launch of the Community Staking Module (CMS), aimed at creating a fully permissioned Ethereum staking protocol.Lido Finance, a major liquid staking provider, launched CMS to make staking more accessible by removing technical and financial barriers. In the initial phase, access to CMS is limited to "early access" participants, including individual Ethereum and Gnosis stakers. After activation on the mainnet, anyone with just 1.5 ETH can become a node operator and earn validator rewards — a significant reduction from the traditional threshold of 32 ETH.The launch of CMS is timely amid debates about the future of Ethereum staking and the benefits of solo participation. Vitalik Buterin supports individual stakers, emphasizing their role in decentralization and censorship resistance. CMS is distinguished by its accessibility and simplified setup, making staking more appealing to participants seeking to contribute to the decentralization of Ethereum.
Nigeria Becomes a BRICS Partner, Facing Contradictions in Relations with the USA: Strengthening Cryptocurrency Regulation, Dollar Shortage, and Arrest of Changpeng Zhao ⚖️
Nigeria, one of Africa's largest economies, has become a BRICS partner, coinciding with the United States’ announcement of strong relations with this country. Nigeria’s new status in BRICS and its partnership with the USA create tension, as the alliances have differing views on cryptocurrencies and dollar dominance.On October 23, 2024, the U.S. Embassy in Nigeria announced a bilateral agreement to combat cybercrime, including illegal actions with cryptocurrencies. Both countries adhere to strict rules to prevent money laundering, which led to the arrest and trial of former Binance CEO Changpeng Zhao.Nigeria ranks second globally in crypto adoption as cryptocurrencies serve as an alternative to the scarce U.S. dollar. According to Chainalysis, from June 2023 to June 2024, Nigeria received over $59 billion in cryptocurrency, but strict regulations limit this possibility.The partnership with BRICS suggests Nigeria’s support for economic independence from the West, which contradicts U.S. interests. BRICS promotes blockchain for international settlements, and several alliance countries already use cryptocurrencies to circumvent sanctions.
Skyfire attracts $9.5 million from Coinbase Ventures and a16z Crypto to develop infrastructure for autonomous payments involving AI agents based on USDC and Ethereum integration 🚀
The Skyfire platform, founded by former Ripple developers, has raised $9.5 million in a seed round led by Coinbase Ventures and the accelerator a16z Crypto.Skyfire is building a payment infrastructure for AI agents—autonomous programs capable of independently conducting transactions using USDC or banking systems. This solution is in demand in sectors such as finance and online commerce.The company has also integrated with Base, Coinbase's Layer 2 Ethereum blockchain, providing cost-effective payments for AI agents.