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European crypto-banking platform Bitwala, formerly known as Nuri, is coming back after ceasing operations in 2022. European cryptocurrency banking platform Bitwala, formerly known as Nuri, is coming back after ceasing operations and returning customer funds last year. Bitwala is re launch ing operations under its original name, in partnership with the support of the banking infrastructure company known as Striga, the firms said in a joint announcement to Cointelegraph on Nov. 8. As part of the partnership, Striga is providing Bitwala with “Banking and Crypto-as-a-Service,” enabling the crypto banking app to draw on its trading and card-issuing functionality, Bitwala CEO Dennis Daiber said. Bitwala, which rebranded as Nuri in 2021, filed for insolvency in August 2022, citing liquidity issues coming amid a massive crypto bear market that was triggered by the Terra crash. The firm eventually shut down operations in October 2022, asking its 500,000 users to withdraw their assets before ...

Popular dog-themed meme coin Shiba Inu has seen its value rise by 20% to become one of the best-performing coins of the weekend. Shiba Inu (SHIB) price s rose from a low of $0.00000827 on Aug. 4 to $0.00001028 early on Aug. 6. So far, it advanced 12.24% over the last seven days, according to CoinGecko statistics.  The meme coin is gaining traction on Binance and other crypto exchange platforms and has outpaced other popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, and Dogecoin (DOGE).  #ShibaInu go go go️#SHIBARMYSTRONG pic.twitter.com/l1h0CdDOyq — SHIBARMY (@Ksaynak16) August 5, 2023 Over the weekend, Bitcoin, Ethereum, and XRP lost 0.6%, 0.4%, and 6.9% of their values, respectively. However, Dogecoin has enjoyed a 1% gain in the last day.  Shiba Inu price movement Aug. 4 – Aug. 6 | Source: CoinGecko Shiba Inu’s price rise is remarkable, considering the growing risk aversion across the broader tech and crypto market after Fitch downgraded ...

1. Solana’s weekly summary a. Solana Labs announces open-source reference implementation for ChatGPT plugin link On April 26, Solana Labs announced an open-source reference implementation for the ChatGPT plugin, allowing users to interact directly with the Solana network. Once the ChatGPT plugin is available, users will be able to check wallet balances, transfer tokens, and purchase NFTs. In addition, the Solana Foundation announced a $1 million fund to explore the intersection of Solana and artificial intelligence, with grant sizes ranging from $5,000 to $25,000. b. Solana Wallet Phantom adds support for Ethereum and Polygon link Solana Wallet Phantom adds support for Ethereum and Polygon, which was originally scheduled for the 2023Q1, but was delayed until today. Phantom once completed a financing of $109 million at $1.2 billion in January 2022. Paradigm led and A16Z participated. c. Solana NFT Market Tensor surpasses Magic Eden in daily trading volume link According to Flipside, on ...

The Astar Network team claimed that having two virtual machines is a key success factor in a budding layer-1 blockchain. Multichain decentralized application (DApp) protocol Astar Network will launch the second iteration of its smart contracts that supports both Ethereum Virtual Machine (EVM) WebAssembly Virtual Machine (WASM VM) on its mainnet on April 6.  In an announcement sent to Cointelegraph, Astar Network founder Sota Watanabe explained that the new update would allow the creation of WASM or EVM projects within their network and allow the inception of new multichain apps. According to Watanabe, the new upgrade will let people connect their Astar project to any Polkadot or EVM-based ecosystems. The countdown to Wasm Launch Day has begun! Join @WatanabeSota @henskensm and @Polkadot on April 6th to launch Astar's Wasm Revolution with Polkadot ink! smart contracts! ️ Sign up Here: https://t.co/tHGApJmyyW pic.twitter.com/R9w4YeUHTR — Astar, Future of Smart Contracts for M...

The stablecoin will be launched on the Noble network, making it available to all 50-plus Cosmos IBC blockchains. USD Coin (USDC) will soon be available in the Cosmos ecosystem via the Noble network (STAKE), according to a blog post from the Noble development team. The post was shared on Twitter by USDC issuer Circle. We're excited to bring USDC to @Cosmos! USDC is expected to launch on @noble_xyz soon, stay tuned for details. #IBC https://t.co/eqU8wno43F — Circle (@circle) March 28, 2023 Neither Circle nor Noble gave out a specific date for USDC’s launch on the network, but both said that readers should “stay tuned” for that information. In its announcement, the Noble team said that USDC will be the first “native, fiat-backed stablecoin that is highly liquid and fully collateralized” on a Cosmos IBC connected network. In its view, the introduction of the fiat-backed stablecoin will solve many of the challenges that Cosmos users currently have when trying to bridge assets from on...