Flowra and Korea Gold Exchange Digital Asset (KorDA) signed a memorandum to explore using KGLD, a gold-backed digital token, as collateral for securing Solana (SOL) tokens delegated to network validators. This initiative aims to leverage the growing $6 billion tokenized gold market to unlock capital for blockchain operations rather than letting these assets remain idle. The companies plan to launch a delegation program in 2026 after regulatory assessments, with Flowra providing Solana infrastructure and KorDA managing validator operations. The project remains subject to regulatory approval and legal compliance before full rollout.
Bitcoin surged over 25% in August, marking its strongest monthly gain since November 2024, driven by increased market volatility and resilience despite regulatory and security challenges. Fidelity warns this rally may be a temporary bounce within an ...
Shein's shares have fallen 17.5% since its Hong Kong debut amid concerns over its ability to sustain growth. The company, known for low-priced fast fashion, faces rising tariffs and regulatory changes in the U.S. and Europe that erode its cost advant...
Bitcoin surged to an intraday high of $82,108 before settling near $81,050, marking a 4.5% gain amid an ongoing rally. Despite this strong performance, Fidelity Digital Assets cautions that the rally alone does not confirm the end of the bear market....
EigenLayer, a platform enabling Ethereum restaking, has surpassed 5 million ETH in deposits. This milestone highlights growing confidence and adoption in restaking services, which allow ETH holders to earn additional rewards by reusing their staked a...
Bitcoin Layer 2 (L2) fees are calculated by summing various costs including Bitcoin network fees, bridge or minting charges, destination gas, application fees, swap fees, price impact, and withdrawal expenses. These fees occur at different stages of ...
