Today, Bitcoin price recorded a new all-time high of $63,578 and is now trading at $63,062. Meanwhile, the second-largest cryptocurrency, Ethereum, also entered into a new all-time high territory and is trading close to $2,296.
Let’s find out some interesting crypto news for today.
Injective Protocol announced an integration with Harmony to enhance cross-chain assets. Harmony is a complete EVM-compatible sharding protocol, which aims to mitigate the Ethereum application issues such as high gas fees, slow finality, and poor scalability. With this integration, users can utilize Harmony-based assets as well as its native token (ONE) on Injective. Further, Injective users will get access to the new derivative products, which are built on Harmony. Additionally, users can also enjoy leverage trading in new assets such as a Harmony-based index.
The New York Stock Exchange (NYSE) partnered with Crypto.com to launch the NFT series. Moreover, the team named this series The First Trade, which consists of minted shares of famed companies. These initial NYSE NFTs include Spotify, Unity, DoorDash, Snowflake, Roblox, and Coupang. With this partnership, these collectibles are available on the Crypto.com NFT marketplace, which is an exclusive platform for collecting and trading NFTs across diversified fields such as art, entertainment, sports, and many more. Additionally, the team has plans to launch more NYSE NFTs in the near future to increase the broader adoption of NFTs.
Origin partnered with Google Cloud Marketplace to expand the adoption of NFTs. With this coalition, users can set up Dshop on the Google Cloud Platform to create innovative NFTs. Further, users can list minted NFTs on Dshop, and buyers can purchase these via ETH or ERC-20 tokens on Dshop. Notably, Origin is one of the topmost sellers in the NFT space, and users can utilize its platform to build peer-to-peer marketplaces and e-commerce applications. Hence, this will help to boost the mainstream adoption of NFTs.
Orion Protocol announced the addition of SUSHI to Orion Terminal across BSC and ETH pairs. Collaboratively, now both teams are working for deeper integration and for asset addition to the terminal. Notably, SushiSwap is one of the top decentralized exchanges, and its governance token is named SUSHI. Orion is a DeFi platform that aggregates the liquidity of different crypto markets into one place to solve the major issues of the DeFi space. Hence, with this amalgamation, SUSHI will get exposure to a much larger user base and Orion assets have increased to 35, with 582 tradable pairs.
In the last bit of crypto news for today, we have ARPA partnering with Litentry to strengthen decentralized data security. Litentry is a cross-chain identity aggregation protocol that links identity computation across different networks with complete transparency and decentralization. With this partnership, the team will utilize MPC protocol to analyze user on-chain and off-chain data cryptographically. Further, this will enhance the standard of decentralized identity with utmost security. Notably, multi-party computation (MPC or SMPC) is a cryptographic protocol that distributes a computation process across multiple parties. Hence, this protocol will uplift decentralized data security.
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