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Chainlink integrates with Coinbase tokenized assets platform
Chainlink will enable verifiable data transmission and crosschain interoperability for Coinbase’s Project Diamond.
Blockchain oracle network Chainlink has integrated with Coinbase’s Project Diamond, Coinbase’s digital asset platform for global institutions. The integration will provide data and enable full lifecycle management of new tokenized assets on the platform.
Project Diamond is regulated by the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM) and is a resident of the ADGM RegLab sandbox. It has the trade name Onchain Marketplace. That implementation will be upgraded in the integration.
Peregrine, the PSG Digital business regulated by the ADGM, will be the flagship user of the integrated platform.
Chainlink will provide data and connectivity between public and private blockchains and existing financial systems through Chainlink’s Cross-Chain Interoperability Protocol (CCIP), assuring users of compliant solutions.
Coinbase Asset Management deputy chief investment officer Marcel Kasumovich said:
“By integrating the Chainlink standard natively into the Project Diamond platform, powered by Coinbase's tech stack on Base, we're paving the way for widespread institutional adoption of digital assets.” Read More
Restaking can revitalize blockchain assets
Restaking can revitalize blockchain assets, enhance security, and enable interoperability.
2025 shows promising signs of being the year of the anticipated third crypto bull market, evidenced by assets continually reaching all-time highs and breaking records in close succession. In this period of explosive growth, however, we also witness a peculiar phenomenon of haves and have-nots.
There are 328 chains listed on DefiLlama. The 318 outside of the top 10 make up only 13.18% of total value locked. This concentration indicates that the ecosystem is becoming increasingly top-heavy, resulting in dried-up networks with billions of dollars of untapped value and a decentralized set of validators.
The ecosystem suffers from an innovation paradox. While new layer-1 and layer-2 solutions continue to emerge, the market is slowly becoming oversaturated, leading to higher barriers to entry and capital inefficiency. Many chains inadvertently fail to keep pace with technological advancements, leading to a cycle of diminishing returns and ecosystem bloat.
What if we could sustainably revive these chains? Enter restaking, an approach that can potentially reshape how we think about assets and network security. Read More
Circle, Binance join forces for global stablecoin expansion
Binance will make USDC more available across its platform, while Circle will provide liquidity and technology and help Binance build new relationships.
Circle and Binance have entered into a strategic partnership to support the financial services ecosystem and the development of global digital assets. The announcement of the alliance was made at Abu Dhabi Finance Week.
Binance will make Circle’s USD Coin more widely available on the exchange. “Users will have even more opportunities to use USDC on our platform, including more USDC trading pairs, special promotions on USDC across trading, and other products on Binance,” a Binance spokesperson told Cointelegraph. The person continued:
“Binance believes stablecoins have important use cases in the broader financial ecosystem — from using a USD-pegged stablecoin to hedge inflation in developing countries, to a lower-cost and efficient remittance tool, to a way to buy and sell other cryptocurrencies.”
Binance will adopt USDC into its corporate treasury, according to a statement provided to Cointelegraph.
Circle will provide Binance with technology and liquidity and will help Binance build relationships in global finance and commerce. Circle chairman and CEO Jeremy Allaire said in the same statement that “stablecoin adoption and utility at the core of this [Binance’s] future financial system.” Read More
Nevada adds blockchain security in wake of fake electors fiasco
The announcement’s timing is noteworthy, with the 2024 US presidential race having finished a month prior.
On Dec. 10, Nevada Secretary of State Francisco Aguilar announced the implementation of blockchain technology into the state’s electoral certification process.
While it’s unclear why the measure is only being implemented in December, more than a month after the resolution of the 2024 United States presidential election, Aguilar’s office says the move to blockchain will ensure election integrity going forward.
Aguilar’s announcement said the state was “committed to running the most secure elections in the country” and that blockchain technology was integral to those efforts:
“Blockchain adds important protection by making it much more difficult to alter or counterfeit these vital documents, ensuring that our certification process is both transparent and trustworthy. We are proud to lead the nation in utilizing emerging technology to protect the integrity of our elections.”
Details are currently scarce concerning the implementation. It’s unclear at this time whether the state has developed a proprietary blockchain or if it’s using existing commercial or open-source blockchain technology. Read More
Exploring The IndoEx Cryptocurrency Exchange The First Trading Platform To List The Markethive Token - Hivecoin
The IndoEx exchange aims to cater to a broad spectrum of investors, including newcomers, seasoned traders, and institutional investors, rather than focusing on a specific target audience like most crypto trading platforms. The platform's primary objective is to offer a robust and efficient infrastructure that enables seamless and rapid transactions of crypto assets.
As the IndoEx trading platform is the first crypto exchange to list Hivecoin, this article delves deeper into the platform, exploring it further to bring awareness to the Markethive community. Since its establishment in 2019, IndoEx has gained prominence in the alternative cryptocurrency trading sector due to its reasonable commissions, secure wallets, high trading volume, and fast transactions.
The trading platform, with offices in the United Kingdom and Estonia, provides close to 300 trading pairs, can be used in 150 different countries, and supports a range of cryptocurrencies, including popular ones such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), and Ripple (XRP), as well as notable alternative coins like DASH, Chainlink (LINK), and Solana (SOL). Furthermore, it accommodates less mainstream coins and tokens like NEO, Cardano (ADA), and EOS, amounting to 180 cryptocurrencies. Users can exchange these coins for traditional currency or trade them with one another.
The platform provides users exclusive access to newly launched tokens through airdrops, giving them a head start in discovering and acquiring new tokens with the potential for long-term growth. Beyond trading, users can also benefit from receiving free tokens that may significantly impact the global market. Furthermore, the platform hosts trading contests and an initial coin offering (ICO) launchpad, offering crypto enthusiasts a comprehensive suite of features. Read More
How and where to view crypto transaction histories
Discover how to trace cryptocurrency transactions using tools like blockchain explorers, wallet histories or by running a full node.
Anyone can view crypto transactions on public blockchains at any time.
Viewing crypto transaction history reveals a transaction’s status, amount, and sender and recipient wallet addresses.
Each blockchain records its transaction history. For example, an Ether (ETH) transaction can be found only on the Ethereum blockchain.
Layer 2s and Ethereum Virtual Machine-compatible chains maintain their own records, which can be accessed through various methods.
Cryptocurrency users often want to track crypto transactions. You can even track crypto transactions in progress. Blockchain scanners allow users to view the crypto transaction history of an entire blockchain. Viewing crypto transactions can give an insight into transaction fees and the activity of other crypto holders.
This crypto transaction history guide shows how to view crypto transaction logs and how to use some of the best apps for crypto transaction history.
A blockchain is a digital ledger that records every transaction on its network. Most blockchains, like Bitcoin and Ethereum, are public, meaning anyone can access transaction records.
Every crypto transaction is identified by a unique transaction ID (TxID), which shows the public wallet keys of the transaction sender and recipient, timestamp, transaction fees, amount and status of the transaction. You can access crypto transaction history records via blockchain explorers or directly from a user’s crypto wallet. Read More
Tether Scores Major Regulatory Milestone As USDT on Three Chains Deemed ‘Accepted Virtual Asset’ in Abu Dhabi
The firm behind the largest stablecoin by market cap is announcing the achievement of a significant regulatory milestone.
In a new announcement, Tether says USDT has become an Accepted Virtual Asset (AVA), as recognized by the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA).
Says Tether CEO Paolo Ardoino of the achievement,
“This milestone underscores Tether’s commitment to fostering global financial inclusion and innovation. By bringing USDT to the forefront of ADGM’s regulated virtual asset framework, we are not only validating the importance of stablecoins as critical tools for modern finance but also opening new doors for collaboration and growth across the Middle East.
The UAE’s forward-thinking approach to virtual asset regulation sets a global benchmark, and we are proud that USDT can play a pivotal role in driving economic progress and digital transformation in the region. This approval highlights Tether’s dedication to building bridges between traditional and decentralized economies while ensuring security, trust, and efficiency for users worldwide.”
USDT’s designation as an AVA in the region will allow ADGM businesses to offer USDT-related services, such as trading and storage. According to the announcement, the approval will enable the “seamless integration” of USDT into the UAE’s financial landscape and future. Read More
Casa unveils ‘Praetorian’ self-custody service for nation-states
Bitcoin policy advocate Dennis Porter recently said he expects states to establish Bitcoin reserves before the federal government.
As talk of a potential Bitcoin strategic reserve grows and sovereign states weigh adopting BTC as a reserve asset, crypto custody company Casa recently announced a self-custody option for nation-states called Praetorian.
The new service will provide sovereign powers with security through Casa’s multisignature crypto vaults. Each vault is located in a different jurisdiction and uses strong encryption standards for security. The service also allows for delegation between administrative personnel. Nick Neuman, co-founder and CEO of Casa, wrote:
"Today, a nation can and should take self-custody of its private keys. This gives you full control over your sovereign reserves, and self-custody can be combined with thoughtfully designed tools to better maintain security and continuity through different administrations."
According to Casa, security and self-autonomy are maintained regardless if Casa remains operational as a company, and funds will remain safe in the event the company ceases to exist. Read More
Crypto wallets explained
Crypto wallets are essential tools for anyone looking to buy, sell or store cryptocurrencies.
Imagine you are about to dive into the world of cryptocurrencies. You have your eyes on Bitcoin or even a few altcoins, but there’s one problem: Where do you keep them? Enter the crypto wallet, your digital safe that stores and protects your assets.
A crypto wallet is a digital tool for storing and managing cryptocurrencies. Unlike traditional wallets that hold physical money, crypto wallets store private keys — secure digital codes known only to the owner— that allow access to stored crypto assets.
Think of these private keys as the password to your online bank account, but instead of accessing traditional money, you are accessing digital currencies. When you own cryptocurrency, what you actually hold is a private key, a unique alphanumeric code known only to you.
This key is what allows you to unlock the funds associated with your crypto address on the blockchain and make transactions. Lose your private key, and you lose access to your cryptocurrency. That is why having a secure crypto wallet is essential. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
Featured Image Source: Pixabay
