Author: Jeremy Ryan

Anchorage Digital Bank, the first federally chartered crypto bank in the US, has added custody support for Etherlink and seven assets on the Tezos layer-2 network, including xU3O8, a token representing physical uranium. The other supported assets include wrapped XTZ (WXTZ), liquid staking token stXTZ, stablecoins USDT, USDC and USDSM, and wrapped Ether (WETH), according to an announcement shared with Cointelegraph. The integration allows Anchorage’s institutional clients to custody assets issued on Etherlink, an Ethereum Virtual Machine-compatible layer-2 network that settles on Tezos, through segregated accounts at the federally chartered bank. xU3O8 represents ownership of physical uranium, giving investors exposure…

Cosmos has unveiled its Partner Network, which unites 17 organizations aiming to accelerate digital asset initiatives for financial institutions. This move, highlighted in a tweet by @cosmos, signifies a strategic collaboration that could reshape the landscape of financial services. The implications of this partnership could extend beyond mere innovation, potentially influencing adoption rates in the financial sector. What Went Down The announcement of the Cosmos Partner Network comes at a time when the broader crypto market displays mixed signals and varying momentum. While there is no immediate price movement to report, the focus on digital assets is becoming increasingly critical…

Polygon has taken a significant step by integrating Arc into its Open Money Stack, enabling seamless crosschain payment capabilities. This collaboration allows users to move $USDC between multiple networks, including Ethereum and Solana, in just one click. Such advancements are poised to enhance user experience in onchain transactions, as noted in Polygon’s announcement here. Inside the Move The integration of Arc into Polygon’s Open Money Stack marks a notable advancement in the realm of crosschain payments. As the broader crypto market exhibits mixed signals, this development offers a strategic advantage for users seeking efficient transaction pathways. With a growing emphasis…

Aave’s Arc is purpose-built to enhance real-world financial flows, officially launching today. The platform features a Core Hub and two distinct markets designed for stablecoins, including $USDC and $EURC. This initiative aims to bridge the gap between decentralized finance and traditional financial systems, allowing for more efficient transactions and lending opportunities. For further details, see Aave’s official announcement. Breaking It Down The launch of Arc comes at a time when the broader crypto market is reflecting mixed signals, with varying momentum across major assets. Arc’s deployment includes a primary market that supports key assets such as $USDC, $EURC, WETH, and…

Arc has officially launched its mainnet, integrating Chainlink services from day one. This collaboration significantly enhances Arc’s infrastructure by providing cost-efficient access to institutional-grade oracle technology, including CCIP and Data Feeds. The integration is expected to bolster confidence among developers and users in the Arc ecosystem. For more details, you can view the announcement on Chainlink’s tweet. The Key Development The launch of Arc’s mainnet marks a pivotal moment for the blockchain, especially considering the current mixed signals in the broader crypto market. By incorporating Chainlink’s advanced oracle services, Arc aims to provide an integrated platform that enhances user experience…

Pyth Network has highlighted significant findings from OAK Research regarding oracle profitability, revealing that oracles faced five years without revenue generation. This research sheds light on how Pyth built its revenue engine, offering insights that could reshape trader perspectives on oracle performance. For more details, check the original tweet. What Happened The broader cryptocurrency market is currently exhibiting mixed signals, with varying momentum across major assets. Pyth Network’s focus on oracle profitability comes at a pivotal moment, as traders and developers increasingly seek to understand the financial viability of oracle solutions. The insights from OAK Research indicate a significant shift…

$NEAR Protocol has announced a new feature allowing users to deposit from Tron and withdraw to Ethereum without manual bridging or linked wallets. This innovative approach aims to enhance the interoperability between these two significant blockchain networks. As noted in a recent tweet from @NEARProtocol, the process is designed to maintain user confidentiality while simplifying cross-chain transactions. This development could significantly impact how users interact with blockchain assets. What Happened The crypto market just witnessed a significant development as $NEAR Protocol introduces a new transfer feature between Tron and Ethereum. This feature allows users to deposit from Tron and withdraw…

Pyth Network has officially launched Pyth Pro and Indices on the Arc platform, marking a significant advancement in their oracle services. This announcement was made via their official tweet. The launch aims to improve data accessibility for developers and institutional users, potentially reshaping how market data is utilized in decentralized applications. The Story So Far The broader crypto market is currently displaying mixed signals, with various assets showing fluctuating momentum. Against this backdrop, Pyth Network’s introduction of Pyth Pro and Indices could attract institutional interest, particularly as the demand for reliable data feeds continues to rise. This launch indicates a…

Pendle’s sNET maturity is returning on the Robinhood Chain, as announced by the crypto commentator @pendle_fi. This development allows users to rollover their previous positions and continue earning yields. The renewed maturity is significant as it could attract more liquidity and engagement on the platform, enhancing the trading experience for users. For further details, see the original announcement here. The Story So Far The broader crypto market is currently displaying mixed signals, with various assets experiencing fluctuating momentum. Pendle’s announcement regarding the return of sNET maturity on the Robinhood Chain is a strategic move aimed at enhancing user engagement. By…

Monero price [XMR] is back near a key level, and it looks like a few hands are trembling. Things are about to get interesting. Monero price goes back to $500 The past few weeks have been quite entertaining for the privacy coin, but we’re watching things slow down right now. At the time of writing, XMR was near the $500 mark, after it pulled back from the latest high of $560. On the daily chart, it seems like buyers are no longer pushing price higher with the same vigour as before. RSI fell to a near-neutral 53 after spending time…