Ava Labs, the developer of the Avalanche layer-1 blockchain platform, is introducing new institutional deployments to improve the blockchain environment. On April 6, Ava Labs introduced Avalanche Evergreen Subnets, a suite of institutional blockchain tooling and customizations designed to address company-specific requirements for financial services. The new product aims to allow institutions to maintain control over their blockchain environment while enabling…
Following Kraken’s listings of Arbitrum (ARB) for most countries on March 22, 2023, Kraken is excited to announce the availability of ARB for residents of the United States! Funding and trading Arbitrum (ARB) funding and trading are live. Add ARB to your Kraken account by navigating to Funding, selecting Arbitrum (ARB) and hitting Deposit. Already have ARB and a Kraken…
In the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of 2.72 million transactions settled in 24 hours. L2 Network Arbitrum Records 2.72 Million Transactions in a Single Day, Transfer…
Aragon, one of the oldest open-source frameworks for launching decentralized autonomous organizations (DAOs), today announced that it’s launching its new tech stack on the Polygon network. Last month, Aragon introduced a new tool kit for spinning up DAOs, which includes the modular Aragon OSx protocol and Aragon App. Importantly, it requires no coding skills, minimizing technical barriers and allowing users…
Compared to Yuga Labs’ primary Bored Ape Yacht Club NFTs, the grimier, sometimes psychedelic siblings in the later and larger Mutant Ape Yacht Club (MAYC) set aren’t considered nearly as valuable or prominent—and their lower floor price has mirrored that sentiment. But Novel Labs and Mutant Cartel founder Lior Messika—who’s also a Mutant Ape collector himself and a Yuga Labs…
Islamic banking and finance is a system based on the principles of Shariah, or Islamic law, which, among many other things, prohibits the charging or paying of interest on loans and emphasizes ethical and equitable financial transactions. One of the more notable traits of Islamic banking is its prohibition on charging or paying interest on loans, which is the basis…
Nearly twelve years ago, Kraken began its pioneering mission to become one of the first and most successful digital asset exchanges. We started trading only four cryptocurrencies, but we now support over 220 assets on 67 blockchains, and over 700 markets. We’ve grown quickly. Thanks to our product and engineering teams — including experts in blockchain technology, security, networking, infrastructure,…
Blockchain exploits can be extremely costly; with poorly designed smart contracts, decentralized apps and bridges are attacked time and time again. For example, the Ronin Network experienced a $625-million breach in March 2022 when a hacker was able to steal private keys to generate fake withdrawals and transferred hundreds of millions out. The Nomad Bridge later that year in August…
Dogecoin (DOGE) has fallen 8.6% in the last 24 hours, a sign that the price of the world’s most popular meme coin could be undergoing a correction after it was briefly pumped by Twitter CEO Elon Musk this week. On Monday, DOGE ballooned 20% in less than an hour after Musk changed the iconic blue bird logo on the social…
Bitcoin was once again trading below $28,000, as markets consolidated ahead of Friday’s non-farm payrolls report. Payrolls are expected to come in at 240,000 for last month, with the unemployment rate in the U.S. remaining at 3.6%. Ethereum was also lower today, following an eight-month high on Wednesday. Bitcoin Bitcoin (BTC) was once again trading under $28,000 on Thursday, as…
