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Chainlink Data Streams Activate on Avalanche Blockchain With GMX Integration
Chainlink, a decentralized computing and oracle protocol, Avalanche, known for its layer one (L1) blockchain technology, and GMX, a notable decentralized exchange, have launched Chainlink Data Streams on the Avalanche blockchain.
Chainlink, Avalanche, GMX Launch Data Streams on Avalanche Blockchain
In communications shared with Bitcoin.com News by the three teams, the announcement notes that Chainlink Data Streams harnesses low-latency market data to facilitate rapid and secure transactions on decentralized finance (defi) platforms. By enabling high-throughput transactions, the collaboration between the trio aims to match the performance of traditional centralized exchanges. 0 reply
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Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam
Nubank, Latam’s most valuable bank, has partnered with Lightspark, a cryptocurrency-focused financial services company, to bring its customers access to Lightning Network transactions. With this partnership, Nubank expects to lower costs and get more flexibility for users to take advantage of its trading platform, according to Thomaz Fortes, Executive Director for Nubank Crypto.
Nubank to Include Lightning Network Functionality After Partnering With Lightspark
Nubank, the digital-only neobank, is moving to include Lightning Network (LN) functionality in its platform. According to a press release issued on Tuesday, the company has partnered with Lightspark, a Bitcoin-based financial services company, to integrate part of its Lightning Network services stack to Nubank’s customers, potentially allowing more for cheap and quick onboarding for Nubank customers. 0 reply
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Elmnts Emerges From Stealth With Plans to Launch Commodity Tokenization Platform
Elmnts, a new blockchain-based venture, has announced the forthcoming launch of its beta platform focused on tokenizing real-world assets (RWA), starting with oil and gas mineral rights and royalties. As part of a broader plan to expand into other commodities, the Solana-based project aims to introduce efficiency and transparency to the investment process in this sector.
Elmnts to Launch Solana-Based Commodity Tokenization Platform to Streamline Investment in Oil and Gas Assets
According to the website, Elmnts, pronounced as “elements,” derives its inspiration from the periodic table, viewing its services as essential components of a diversified investment portfolio. Leveraging the Solana blockchain, known for its swift, cross-border transactions and minimal fees, Elmnts aims to transform how investors access and interact with commodity markets. 0 reply
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NFT Sales Plunge 21% Amid Broad Crypto Market Decline
Global non-fungible token (NFT) sales experienced a decline this week, dropping 21% from the previous week. Across 21 unique blockchains, the total sales just surpassed the $100 million mark over the past seven days.
Weekly NFT Sales Fall, Cryptopunks and Pudgy Penguins Surge
NFT sales have significantly decreased this week, correlating with the broader downturn in the crypto markets. As of press time, data indicates that NFT sales reached $102,328,020 over the last seven days, according to cryptoslam.io.
This drop occurred despite a 74.62% rise in buyers and a 64.31% increase in sellers. Among the 21 chains, Ethereum led with $38.46 million in sales, though ETH-based NFT sales dipped 2.62% this week. 0 reply
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