SOL, LINK, NEAR and THETA flash bullish as Bitcoin takes a breather
Bitcoin (BTC) has been consolidating above $35,000 for several days, but the bulls have failed to resume the uptrend above $38,000. This suggests hesitation to buy at higher levels. BitGo CEO Mike Belshe said in a recent interview with Bloomberg that there is likely to be another round of rejecti ...
Polygon Labs and NEAR announce ZK prover for WASM integration
The developers of the NEAR and Polygon networks are teaming up to create a zero-knowledge (ZK) prover for Web Assembly (WASM) blockchains, according to a joint announcement on Nov. 8. The new prover, called “zkWASM,” will for the first time allow WASM-based networks to join the Polygo ...
Wintermute claims NEAR backed out of $11M stablecoin redemption deal
The NEAR Foundation and Aurora allegedly reneged on an offer to convert $11 million worth of USN stablecoins, Wintermute founder and CEO Evgeny Gaevoy has claimed.In a Nov. 7 X (Twitter) post, Gaevoy claimed NEAR refused to honor a commitment to facilitate the sale of $11.2 million worth o ...
Bitcoin price reclaims $35K — Will ATOM, UNI, NEAR and AXS rally next?
The S&P 500 Index soared 5.85% last week, its best performance since November 2022. A large part of the gains were fuelled by expectations that the Federal Reserve will not hike rates anymore. In comparison, Bitcoin (BTC) had a much muted performance with a rise of approximately 2 ...
NEAR taps Nym for metadata privacy, encryption services
Layer 1 protocol NEAR has tapped blockchain security firm Nym to provide end-to-end encryption and metadata privacy services for its ecosystem.Nym, which provides blockchain agnostic ‘layer 0’ privacy infrastructure, will avail its mixnet tools to encrypt and cloak blockchain traffic and c ...
India state refiner HPCL uses blockchain to verify purchase orders
India’s state-run refiner Hindustan Petroleum (HPCL), one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders (POs).HPCL has partnered with the blockchain software firm Zupple Labs to integrate its blockchain-based ...
Near Foundation treasury drops to $900M as token price plunges
At the end of Q2 2023, layer-one blockchain Near Protocol's (NEAR) treasury had declined to $900 million, led by a fall in the price of NEAR tokens from $1.99 to $1.38 apiece.At the ...
Trading platform Spin celebrates one-year anniversary with impressive achievements
Trading volume reached the $50 million mark last year The company was able to make the top 10 dApps on NEAR and Aurora Trading platform Spin, built on the Near network, is celebrating its one-year anniversary in Near Protocol mining. The team writes that they ...