Crypto News

Ondo Finance Unveils Layer-1 Network for Tokenized Assets

New York, NY — Ondo Finance, the second-largest tokenized Treasuries issuer, said it plans to start its own layer-1 blockchain designed for tokenized real-world assets in a bid to connect traditional capital markets with decentralized finance, the company announced on Thursday at its inaugural Ondo Summit.Ondo Chain was crafted to meet institutional compliance standards while maintaining the transparency and accessibility of public blockchains like Ethereum, the company said. The network will rely on permissioned validators to verify transactions and ensure accurate financial data, such as asset prices and token backing. It will also support staking of tokenized real-world assets and native bridging between blockchains for interoperability."Financial markets are overdue for an upgrade," CEO Nathan Allman said in a statement. "We’re...

Presearch Rolls Out Privacy-First Chatbot PreGPT 2.0 to Challenge Big Tech

Presearch's latest AI offering promises uncensored responses and zero data collection. But does it match up to mainstream alternatives?Source link

CoinDesk 20 Performance Update: XLM Gains 1.5% as Index Inches Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3248.93, up 0.4% (+14.12) since 4 p.m. on Wednesday.Eleven of 20 assets are trading higher.Leaders: XLM (+1.5%) and LTC (+1.3%).Laggards: APT (-1.0%) and UNI (-0.8%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Metropolis World Announces Token Generation Event (TGE) for $CLAY at 3PM UTC on February 6th

London, England, 6th February 2025, GamingWireSource link

XRP Price Analysis: Bulls Struggle to Defend Critical Support at $2.40

XRP currently trades at $2.40, boasting a market valuation of $138 billion alongside a 24-hour trade volume flow of $6.41 billion. Its price fluctuated between $2.36 and $2.55 during the session, lingering 29% below its historic peak price. XRP On XRP’s hourly chart, the digital asset oscillates within a constricted corridor of $2.35 to $2.50,Source link