Cointime

Cointime

Download App
iOS & Android

Crypto Morning Briefing: Alibaba Cloud Builds Metaverse Launchpad on Avalanche

Cointime Official

Top Stories

Arbitrum’s Chronos Reaches $217M TVL With Staking, Becomes 8th Largest DEX

Arbitrum's Chronos platform has reached a total value locked (TVL) of $217 million, and has become the 8th largest decentralized exchange (DEX) by trading volume. Chronos is a decentralized platform built on the Arbitrum network, which enables users to stake their assets and earn rewards in return.

Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains

The decentralized exchange (DEX) SushiSwap has launched its version 3 (V3) liquidity pools on 13 different blockchain networks. The V3 pools enable users to earn rewards by providing liquidity to the exchange, while also offering improved liquidity and trading options.

Coinbase to Cease New Loan Issuance Through Bitcoin Borrow Service

Global crypto giant Coinbase has announced plans to shutter its loan services.  Effective May 10, Bloomberg reports, Bitcoin-backed loans will cease to be available to customers. The exchange emphasized a focus on prioritizing offerings of utmost importance to clientele, resulting in continuous evaluation of its products.

Alibaba Cloud Builds Metaverse Launchpad on Avalanche

The cloud division of Chinese tech behemoth Alibaba (BABA) has built a launchpad for businesses to deploy metaverses on the Avalanche blockchain.

Deloitte Enters the Polkadot Ecosystem To Issue Reusable Digital Credentials

Deloitte, one of the world’s largest accounting firms, is integrating the KILT blockchain, a Polkadot parachain focusing on decentralized identities and verifiable credentials, Polkadot announced on May 4.

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $28,864.47 USD, dropped by 0.34% in the last 24 hours;

ETH’s live price is $1,875.49 USD, dropped by 0.92% in the last 24 hours;

BNB’s live price is $323.83 USD, dropped by 0.79% in the last 24 hours;

XRP's live price is $0.45 USD, dropped by 0.81% in the last 24 hours.

Fundraising News

ZkLink Raises $10M in Funding Round with Backing from Coinbase Ventures

ZkLink, an infrastructure layer that enables easier trading of assets across blockchains, has raised $10 million in a strategic funding round from investors including Coinbase Ventures. The funding will help drive zkLink towards its mainnet launch in Q3.

Alchemy Ventures Backs $4M Round for NFT Platform Vibe

Vibe, a new NFT-to-product platform that enables creatives to customize and manage their tokens, has raised a $4 million seed round. Investors in the round include Alchemy Ventures, Aglaé Ventures, and P Nation.

Bitcoin Bitcoin $72,456.35
+6.81%
Staking Decentralized exchange SushiSwap Coinbase Bitcoin Polkadot
Comments

All Comments

Recommended for you

  • Intercontinental Exchange, Parent Company of NYSE, Considers Participation in New Funding Round for Polymarket

    According to Bloomberg, Jeff Sprecher, CEO of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, stated that the company will monitor the new funding round for the prediction market platform Polymarket and will consider participation if it contributes to the funding round. Previously, Intercontinental Exchange had invested over $1.6 billion in Polymarket.

  • Intercontinental Exchange, Parent Company of NYSE, Considers Participation in Polymarket's New Funding Round

    According to Bloomberg, Jeff Sprecher, CEO of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, stated that the company will monitor the new funding round for the prediction market platform Polymarket and will consider participation if it aids the funding round. Previously, Intercontinental Exchange had invested over $1.6 billion in Polymarket.

  • U.S. Stock Indices Open Lower, Cryptocurrency Stocks Rise

    On August 20, the three major U.S. stock indices opened lower, with the Dow Jones Industrial Average down 0.71%, the S&P 500 down 0.32%, and the Nasdaq Composite down 0.45%. Cryptocurrency-related stocks rose, with Strategy up over 8%, Coinbase up over 7%, and Circle up over 5%. SK Hynix rose over 3%, with JPMorgan predicting that SK Hynix could return at least $130 billion to shareholders by 2027. Silicon carbide leader Wolfspeed fell over 10% after the company reported fourth-quarter revenue that fell short of expectations. Moderna dropped over 13%, after the stock surged over 176% the previous day.

  • U.S. Stock Indices Open Lower, Cryptocurrency Stocks Rise

    On August 20, U.S. stock indices opened lower across the board, with the Dow Jones down 0.71%, the S&P 500 down 0.32%, and the Nasdaq Composite down 0.45%. Cryptocurrency-related stocks rose, with Strategy up over 8%, Coinbase up over 7%, and Circle up over 5%. SK Hynix rose over 3%, with JPMorgan predicting that SK Hynix could return at least $130 billion to shareholders by 2027. Silicon carbide leader Wolfspeed fell over 10% after the company reported fourth-quarter revenue that fell short of expectations. Moderna dropped over 13%, following a surge of over 176% the previous day.

  • U.S. Initial Jobless Claims at 206,000 Last Week

    On August 20, the number of initial jobless claims in the U.S. was 206,000, compared to an estimate of 210,000 and a previous value of 209,000.

  • U.S. Initial Jobless Claims at 206,000 Last Week

    On August 20, the number of initial jobless claims in the U.S. was 206,000, compared to an estimate of 210,000 and a previous value of 209,000.

  • Alibaba's Wu Yongming: AI Annual Revenue Exceeds 49.5 Billion Yuan

    On August 20, Alibaba Group (09988.HK) released its financial report for the first quarter of fiscal year 2027. During the analyst conference call, Group CEO Wu Yongming stated that AI has become the core engine driving accelerated growth for Alibaba Cloud. This quarter, the annual recurring revenue (ARR) from AI-related products surpassed 49.5 billion yuan (7.3 billion USD), accounting for 35% of Alibaba Cloud's external commercialization revenue. The gross margin for AI-related products is significantly higher than the average level for cloud products.

  • ETH Surpasses $2300

    Market data shows that ETH has surpassed $2300, currently priced at $2308.28, with a 24-hour increase of 20.06%. The market is highly volatile, so please ensure proper risk management.

  • ETH Surpasses $2300

    Market data shows that ETH has surpassed $2300, currently priced at $2308.28, with a 24-hour increase of 20.06%. The market is highly volatile, so please ensure proper risk management.

  • Meta Invests Hundreds of Millions in Microsoft's Azure AI Services

    Meta Platforms (META.O) is investing hundreds of millions in Microsoft's Azure AI services. Meta has quietly become one of Microsoft's largest AI clients. Shares of Meta Platforms (META.O) and Microsoft (MSFT.O) rose 1.6% in pre-market trading.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company