Kraken to replace LayerZero with Chainlink for kBTC, future wrapped assets

Kraken said it will replace LayerZero, a protocol for moving crypto assets across blockchains, with an equivalent from Chainlink, after last month’s $292 million bridging attack on liquidity recollateralization protocol Kelp exposed the risks of traditional cross-chain infrastructure. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) will be Kraken’s exclusive cross-chain service for packaged crypto assets, including kBTC,…

Read More
087c43176e783da974d71729fe86b23da183f2f3 1196x732

XRP edges higher while bitcoin, ether and dogecoin slip, keeping focus on $1.49 breakout zone

XRP was the biggest gainer over the past 24 hours, while the rest of the market traded lower as buyers retreated to around $1.43. Bitcoin, ether, solana and dogecoin fell as much as 2%, while Ripple-related tokens gained 1.5%. news background • Even as broader cryptocurrency momentum cools, XRP continues to attract steady institutional interest,…

Read More
fe903b059211657efc6ec072a2c2351d2cf338b3 6776x4517

Moody’s assigns Aaa-mf assessments to Fidelity and BlackRock tokenized money market funds

Moody’s gave Aaa-mf assessments of tokenized money market funds issued by Fidelity and BlackRock, validating their safety as income-generating on-chain products. The Aaa-mf assessment demonstrates its strong ability to ensure high liquidity and capital preservation as well as minimal risk levels. An assessment usually implies a broader analytical view, while an actual rating is a…

Read More
2d54a19467cb80b382e25659e55f88e4

Anthropic expands its partnership with PwC as it pushes to get Claude into the hands of corporate America

PricewaterhouseCoopers (PwC) and Anthropic have announced a significant expansion of their alliance partnership. PwC employees will use Claude to help clients redesign their operating models around artificial intelligence. According to a recent report, Anthropic has surpassed OpenAI in commercial artificial intelligence adoption. Anthropic is on a mission to make Claude the default AI tool for…

Read More
757ae3f2d22f51548a6b60fff253436c

Virat Kohli told to ‘play as long as possible’ by IPL great after RCB vs KKR clash – Watch

New Delhi: Virat Kohli’s stunning return to form against Kolkata Knight Riders not only earned applause from fans but also brought heartfelt wishes from IPL great Dwayne Bravo. After Kohli’s unbeaten 105 helped Royal Challengers Bangalore to a six-wicket win in Raipur, Bravo walked into the RCB dressing room to personally congratulate the former India…

Read More

Bitcoin slips below $80,000 as inflation concerns trigger crypto selloff

Cryptocurrency markets remain subdued on Thursday, Bitcoin Bitcoin$79,987.09 With prices below $80,000, many altcoins are facing serious losses. The largest cryptocurrency recently changed hands for about $79,800 after falling to $78,720 on Wednesday. Crucially, it remains below the weekly opening price of $82,500. U.S. inflation data remains high, with the producer price index (PPI) rising…

Read More