Bitcoin

Fireblocks, a crypto custody and services company, adds Solana support

The venture-backed crypto custody services and services company Fireblocks now supports Solana. Fireblocks users can now directly interact with Solana apps on Fireblocks’ platform This integration allows users to interact with decentralized apps (dApps), built on the Solana eco-system. A wide range of tools will be available to developers on the Solana ecosystem. Fireblocks CEO…

The venture-backed crypto custody services and services company Fireblocks now supports Solana. Fireblocks users can now directly interact with Solana apps on Fireblocks’ platform

This integration allows users to interact with decentralized apps (dApps), built on the Solana eco-system. A wide range of tools will be available to developers on the Solana ecosystem.

Fireblocks CEO Michael Shaulov stated:

“Fireblocks’ Web3 Engine offers Solana builders the highest level of security when it comes to accessing the blockchain and its ecosystem of applications for their customers.”

According to DeFiLlama, the total locked value on Solana was approximately $1.4 billion making it the sixth largest blockchain in terms of this metric. Additionally, Solana’s NFT (non-fungible) community is second among all blockchains.

Solana price after the integration

After the news of the integration, the price of SOL, Solana’s native token, surged to a daily high of $33.07. However, the token was down to $31. 12 registered a drop in value of 2. 62% during the past 24 hour.

Today’s fall has caused SOL to lose half of its gains yesterday. It has also raised fears that it will revert back to the bearish trend which saw it plummet to a low of $30..

Bitcoin

Bitcoin Mining Tightens: Difficulty Hits 110.45 Trillion Amid Revenue Slump

Bitcoin’s mining difficulty has edged up by 0.61%, rising from 109.78 trillion to 110.45 trillion. At the same time, the network’s hashrate remains relatively subdued, following a notable drop from its high of 824 exahash per second (EH/s) to the current 778 EH/s. Bitcoin’s Difficulty Increases…
Read More

Bitcoin

Alpen Labs Raises $8.5 Million to Advance Development of Bitcoin ZK Rollup Strata

Strata will launch as an open platform that introduces easy and scalable self-custody while facilitating the use of bitcoin. New Funding to Accelerate Development of Bitcoin ZK Rollup Strata Alpen Labs, a bitcoin infrastructure company announced that it has completed an $8.5 million strategic financing led by the Cyber Fund and DBA…
Read More

Bitcoin

Latam Insights Encore: El Salvador’s Bitcoin Push to Boost Its Tourism Industry

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how bitcoin can help grow El Salvador’s tourism industry. Latam Insights Encore: El Salvador’s Bitcoin Push Will Bring Its Tourism Industry to New Heights The Salvadoran tourism industry is having a [……
Read More