Raindex launches on Flare to power decentralized CEX-style trading

[ad_1] Raindex app offers real-time access to data with full on-chain execution of trades. The Raindex desktop app will leverage the Flare Time Series Oracle (FTSO). Anyone can use the Rainlang smart contract platform to create and deploy trading strategies on-chain. Flare, the blockchain for data network, has integrated Raindex, a platform that brings a new decentralised CEX-style trading solution to the Flare ecosystem. Raindex is a Rainlang smart contract language platform that offers an intents-like trading architecture for desktop users. The app has been in development for over three…

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BCB Group migrates its digital asset custody operations to Ripple’s Metaco platform

[ad_1] BCB Group migrates custody to Metaco’s platform, enhancing security and governance. Ripple’s strategic acquisition of Metaco strengthens its position in the crypto industry. The collaboration aims to drive innovation and efficiency in digital asset operations. In a strategic maneuver in collaboration with Ripple, Metaco, and IBM Cloud, BCB Group has transitioned its custody operations to Metaco’s platform, a move aimed at streamlining its digital asset management. The London-based firm, known for providing payment and trading services to major crypto institutions, including Gemini and Kraken, has chosen Metaco’s flagship platform…

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Solana devs target April 15 to fix failed transactions bug

[ad_1] Solana developers target TX bug fix, with a patch expected on April 15. Helius Labs CEO says issues are a result of “an implementation bug, not design flaw.” Solana developers are reportedly targeting April 15 as the date to implement a fix on transaction issues that recently plagued the blockchain network. This comes after Solana’s explosive meme coins ecosystem came with a remarkable surge in activity. A pike for the likes of dogwifhat helped push SOL price higher. But the increased volume also came with a surge in volume…

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BlackRock’s IBIT nears $20 billion in assets as Bitcoin eyes new ATH

[ad_1] BlackRock’s spot Bitcoin ETF (IBIT) is near $20 billion in assets, currently in top 3% among all ETFs. IBIT and FBTC have recorded 59 days of inflows – a streak that puts the two among top 20 ETFs. Meanwhile, Bitcoin price could hit a new all-time high amid spot ETF and halving sentiment. BlackRock’s spot Bitcoin ETF (IBIT) continues to outshine peers as inflows surge. Data also shows that IBIT is not just in the top 20 in terms of longest consecutive streak of inflows, but its also climbing…

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Velo and Solana partner to establish a clearing house for Laos’ Digital Gold

[ad_1] This strategic initiative aims to expand Laos’ Digital Gold user base. Solana will act as the blockchain settlement layer. Velo will be responsible for securely validating transactions. Velo and the Solana Foundation have signed a Memorandum of Understanding (MOU) to establish a clearing house for transactions related to Laos’ Digital Gold. Under the signed agreement, Solana will act as the blockchain settlement layer, while Velo will serve as both the backbone infrastructure layer and the designated clearing house. Velo’s role involves validating transactions securely, upholding trust, and ensuring the…

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Online gambling sector in Sweden will generate revenue of €2bn a year by 2027, according to new data

[ad_1] Sweden’s online gambling sector to hit €2bn/yr by 2027, driven by growing adoption of cryptocurrencies Riksbank is wary of crypto’s role despite market growth Cryptocurrencies are increasingly popular in Swedish online gambling sites The online gambling sector in Sweden is poised for significant growth in the coming years, with projections indicating revenue reaching €2 billion annually by 2027. This forecast underscores the robust expansion of the Swedish online gambling market, driven by evolving customer preferences and market dynamics. Riksbank’s stance on cryptocurrencies Despite the optimistic outlook for the online…

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