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On July 11, cross-chain protocol Axelar and tech giant Microsoft announced a partnership to bridge public and private blockchains. The collaboration will see Axelar joining Microsoft’s Azure marketplace, becoming the first cross-chain protocol listed on the developer’s online store.Galen Moore, Axelar’s spokesperson, told Cryptox that the initiative would enable Axelar
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Robinhood, a popular trading platform, has announced that its crypto trading volumes plunged in May amidst a regulatory crackdown on centralized entities. Cryptocurrency traders are migrating from centralized exchanges (CEXs) to hybrid exchanges as they offer
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In Q2 2023, the crypto market was turbulent, mostly in a downtrend before consolidating, impacting various assets. This market-wide trend has created opportunities for certain currencies to carve out a bigger market share and assert dominance.
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Silicon Valley Bank (SVB), representing the United States information technology hub, Silicon Valley, went bankrupt due to a bank run, massive deposit withdrawals, in under 14 hours. SVB’s bankruptcy is the second-largest in history after Washington Mutual went under during the Global Financial Crisis (GFC) in 2008. Silvergate Capital, one of the
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Dexalot’s dual-chain app establishes a base for expanding to other host chains to enable mass adoption of decentralized finance (DeFi), according to the press release. The Subnet implementation will build a foundation for interoperabilities within multiple ecosystems, which can be created on top of, and around Dexalot, the press release
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press release PRESS RELEASE. InVar Finance has recently built InVaria2222, the RWA tokenization world, which is currently in its first stage. InVar intends to create hybrid financial services by bridging the crypto sector with the real economy, such as TradFi with DeFi and RWA tokenization, which pertains to real-world assets.
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Bringing DAOs into the mainstream is complicated, especially in a nascent crypto environment where people are often more committed to making a buck than building sustainable companies. Consequently, many brands and companies aren't in a position to fully decentralize their corporate structure, eliminate titles and put all decisions in the
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21Shares, a major issuer of cryptocurrency exchange-traded products (ETP), is launching a new ETP tracking a mix of Bitcoin (BTC) and gold.The Switzerland-based firm on Wednesday announced the launch of the 21Shares ByteTree BOLD ETP (BOLD), a new product aiming to provide inflation protection by tracking an index providing risk-adjusted exposure
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press release PRESS RELEASE. Using the latest Developments on the Decentralized Finance Market Alium introduces the Hybrid Liquidity Model, allowing users to trade almost any crypto using the Liquidity available both on Alium and the rest of the DeFi market. Hybrid liquidity allows traders to use both Liquidities available on Alium
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