Layerzero has integrated with Flare, a layer one (L1) blockchain, to connect it with 75 other blockchains. This integration aims to broaden the scope of decentralized applications (dapps) and improve data sharing across networks. Flare and Layerzero Partnership Aims to Enhance Dapp Accessibility According to an announcement shared with Bitcoin.com News, this integration represents an […]
Bitcoin News
CryptoQuant Integrates TRON Data to Empower Users with Enhanced Blockchain Analytics
PRESS RELEASE. Seoul, South Korea, June 26, 2024 – CryptoQuant, a leader in blockchain analytics, is excited to announce the integration of TRON data into its comprehensive analytical platform. This development is set to revolutionize how users interact with and derive insights from the TRON network. CryptoQuant’s enhanced platform now offers expanded capabilities for both […]
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Tether Integrates USDT on TON Network, Targets 900 Million Telegram Users
Tether, the stablecoin company, has launched native USDT, the largest dollar-pegged stablecoin, on The Open Network (TON). With this addition, over 900 million Telegram users can seamlessly transfer digital dollars, without having to type crypto addresses. 11 million TON will be distributed among USDT users on TON to incentivize its adoption in the ecosystem. Tether […]
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Paypal Integrates PYUSD for International Transfers on Xoom
On Thursday, Paypal disclosed that users of Xoom now have the capability to utilize the company’s stablecoin PYUSD for conducting international cross-border transactions. Beginning on April 4, this feature was made accessible to users in the U.S., enabling them to transfer PYUSD to beneficiaries across roughly 160 countries worldwide. Paypal’s Xoom Adds PYUSD Cross-Border Transfers […]
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Dune Integrates the TRON Network and Joins HackaTRON Season 6 as a Partner
PRESS RELEASE. Oslo, Norway, March 27, 2024 – Dune, a web-based platform that allows users to query public blockchain data and create it into interactive live dashboards, has officially integrated the TRON network, a high-performance blockchain known for being the home of Web3. This collaboration marks a significant milestone in increasing coverage of accessible data […]
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TradingView Integrates the TRON Network and Joins HackaTRON Season 6 as an Official Partner
PRESS RELEASE. London, United Kingdom, March 26, 2024 – TradingView has become an official partner for HackaTRON Season 6, hosted by TRON DAO, BitTorrent Chain, HTX DAO, and JustLend DAO. This year’s competition is illuminated by the expertise of Maksim Shymanovich and Alexey Telnov from TradingView, set to judge the projects competing for a prize […]
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IntoTheBlock Integrates TRON Network Analytics
PRESS RELEASE. Miami, Florida, March 14, 2024 – IntoTheBlock, a leading provider of on-chain analytics has announced the integration of the TRON network into its Market Intelligence suite. Thanks to a collaboration with TRON DAO, these advanced indicators will be available for free to the TRON DAO community. The TRON network, known for its reliability, […]
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Solana Integrates Filecoin to Enhance Historic Data Accessibility
Solana, one of the top proof-of-stake blockchains, has integrated Filecoin, a decentralized file-saving blockchain-based system, to make its block history accessible for third-party apps. According to Filecoin, this will allow Solana to achieve improved redundancy and scalability for part of its data set while leveraging a decentralized solution like Filecoin. Solana to Integrate Filecoin to […]
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Concero Collaborates With Bitcoin.com and Integrates VERSE Onto the Platform
PRESS RELEASE. Concero.io announces a partnership with bitcoin.com ‘s Verse Ecosystem and takes the next step in tackling centralisation within the industry. With synergies of both companies being aligned around self-custody and ease of use, this collaboration will allow users to interact with Verse token within Concero’s cross-chain DEX and Staking aggregator.
Concero is on a mission to challenge centralisation by tackling most prominent issues within DeFi such as liquidity, cost, speed, ease of use and provide an alternative to the status quo. As Concero’s founders Andy Bohutsky and Oleg Kron pointed out – “With recent technological advancements, it is now possible to build a decentralised alternative to centralised exchanges without compromises that were prevalent within DeFi since industry inception”. Concero’s roadmap includes a brand new cross-chain infrastructure powered by Chainlink’s CCIP, account abstraction and a decentralised P2P protocol that will help power the next generation of Web 3.0.
Verse ecosystem and its token is a step in the right direction for the industry and it is refreshing to see such an established company making strides into the realm of self-custody and user-centric applications in an effort to onboard the next billion users into Web 3.0. Through these types of initiatives and developments from prominent companies, we will see a true global adoption of crypto and blockchain technology as a whole.
With more and more innovation coming from both companies, this collaboration marks the beginning of a great partnership. In celebration of this, a new campaign is being launched with ,000 in rewards over two weeks. Be sure to participate and buy your first Verse through Concero! Read more and participate here. ( https://galxe.com/concero/campaign/GCYhYtURMx )
Twitter – https://twitter.com/concero_io
Website – https://www.concero.io/
Discord – https://discord.gg/cgg8wwAjPT
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
SOL Tallies 5% Gains In One Day After Shopify Integrates Solana Pay
Following the recent downtrend in the crypto market, Solana’s native token, SOL, recorded heavy losses in the past few days. But now the token’s price moves on the daily chart showed the formation of a green candlestick yesterday after many days of posting vivid red ones.
According to current stats, SOL’s price has decreased by over 7% in the past week. But from August 23, the coin started an uptrend reflected in its 24-hour price change of 5.75% today, August 24. Notably, the recent news about Shopify’s integration of Solana Pay seemingly reignites investors’ confidence in SOL.
Millions Of Businesses On Shopify Can Now Use Solana Pay
Solana Labs launched its decentralized payment platform, Solana Pay, on the layer-1 blockchain in February 2022 and now, Solana Pay’s plug-in is now available on Shopify. This allows millions of businesses using the e-commerce giant to use the service for payments.
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According to the reports, the first crypto option for users will be the second-largest stablecoin in the market, USDC. Given its stability and close value to USD, it was chosen as the first to appear on the platform.
However, Shopify’s business development and partnerships head, Josh Fried, revealed that more crypto assets such as BONK and SOL will soon be available.
Fried also shared with an online news site, TechCrunch, that transactions on Solana Pay are very affordable, given how low the ecosystem charges.
Fried said:
Credit card processing fees usually cost a business between 1.5% and 3.5% per transaction, but using the Solana Pay option is practically “fee-free.
Also, he applauded Solana Pay as a crypto app worth using, saying, “Some people argue the killer app for crypto hasn’t arrived, but it has: it’s payments. [Everyone] should be doubling down on this.”
Will SOL’s Current Uptrend Continue?
Shopify is a globally recognized platform with a 10% share of the United States’ e-commerce industry. So Solana Pay’s entrance into the e-commerce giant’s hub is expected to boost the ecosystem’s exposure and utility.
Already, there are more than 11 million active accounts on Solana and the ecosystem is also a player in the NFT sector, with over 21 million assets minted. It also offers low transaction costs at .00025.
These capabilities and continual adoption by top giants in diverse industries will likely push SOL’s price upwards in the coming days.