Despite the Kaia Blockchain's launch as a replacement for the Klaytn network, Asia's answer to Telegram's The Open Network (TON), the KLAY price has suffered a significant 9.04% in the 24 hours post-launch.
Binance announces support for Kaia (KLAY) network upgrade and hard fork, suspending deposits and withdrawals temporarily.
Bitcoin (BTC) slid under the $63,000 mark early Tuesday as profit-taking from a weekend rally extended into a second-day, bringing down the broader crypto market.
The cryptocurrency market has experienced a cooling phase as Bitcoin (BTC) consolidates gains after hitting $64,996. This market cool-off has led to notable dips in altcoins like Zcash (ZEC), Monero (XMR), and Klaytn (KLAY) as the global crypto market cap dropped 0.26% to $2.24 trillion.
Non-custodial crypto wallet suite SafePal has launched SFPlus, a new staking dapp and hub that enables its users to stake the native SFP to earn score privileges within the SafePal ecosystem.
Klaytn (KLAY) is gaining traction among altcoins, trading positively on Monday despite Bitcoin's ongoing struggles below the $60,000 level. While several other cryptocurrencies like Tron, NEO, and Monero saw notable gains in the early US trading session, Klaytn managed to hold above the $0.
With the year 2024 becoming a year of strong bullish turnaround for the crypto industry, coins like Klaytn are writing a turnaround story. With the growing bullish dominance and the rising trading volume, the KLAY price action sirens trend reversal.
With less than 1000 blocks left for Bitcoin Halving, the altcoins present a shift in the underlying gears to fuel the next sprint. As the anticipations of a bull run in Bitcoin with the Halving event grow intense, the altcoin season could follow behind it.
2024 has ushered in more mainstream attention with the approval of the Bitcoin ETFs, the team at SafePal noted in a recent update.
SafePal, a hardware wallet provider for cryptocurrencies, announced a strategic investment in Swiss bank Fiat24.
SafePal, a pioneer in the cryptocurrency wallet space, has taken a significant leap forward with the introduction of its first-ever crypto-friendly banking gateway and Visa card.
TL;DR SafePal Launch: SafePal has introduced a USDC Visa Card in collaboration with Fiat24, offering an in-app banking gateway and a virtual crypto Visa card to merge crypto with traditional banking.
Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.
South Korea's Klaytn and Abu Dhabi's Finschia blockchains have finalized a merger, paving the way for the creation of "Project Dragon."
With origins from Japan and South Korea, Klaytn and Finschia claim that they are slated to become Asia's largest Web3 ecosystem.
The blockchains have their origins in Japanese and South Korean messaging systems, but they are looking to become Asia's biggest Web3 ecosystem.
Both layer-1 chains are backed by major Asian internet companies.
Layer-1 blockchains Klaytn and Finschia have received approval from their governance members to merge.
On February 15, a significant stride was made in the blockchain arena as the Klaytn Foundation and Finschia Foundation jointly announced the successful passage of the KlaytnFinschia Mainnet Merge Proposal (KGP-25). Garnering widespread approval from both holder and governance communities, the landmark decision sets the stage for the creation of Asia's most extensive Web3 ecosystem.
Backed by South Korean internet giant Kakao and Japan's messaging conglomerate LINE, Klaytn and Finschia are positioned to lead the way in blockchain innovation across Asia.
Layer-1 blockchains Klaytn and Finschia announced Thursday that their proposal to merge the two networks has been officially approved.
The crypto bull market is almost here, with FED rate cuts looming and Bitcoin's halving approaching, consider these top cryptos for growth.
Klaytn and Finschia are exploring a merger to reshape the Asian cryptocurrency, Web3, and dApp landscape.
Klaytn and Finschia have proposed a merger that could bolster crypto, web3, and decentralized applications (dApps) in Asia. This fusion aims to leverage the strengths of both entities to create what could be the continent's foremost blockchain ecosystem.
Klyatn and Finschia Foundation have proposed to merge the two blockchains to create a Web3 powerhouse in Asia.
With a short pullback following the remarkable jump of more than 120% in Q4 2023, the KLAY price trend forms a bearish channel. In the long-term picture, Klaytn shows a correction to the 61.80% Fibonacci level from the height of the $0.25 mark. The bearish dominance at the psychological mark of $0.
The native utility token of a South Korean Ethereum (ETH) rival is rallying after news of a new blockchain merger proposal. Layer-2 smart contract platform Klaytn (KLAY) leaped from a 24-hour-low of $0.189 to a high of $0.262, a 39% gain, following the announced proposal of a merger to create “Asia's leading blockchain system.
Klaytn and Finschia have announced a proposal for a merger. The ambitious plan, backed by two technological powerhouses in South Korea and Japan, respectively, aims to integrate two of the region's most prominent blockchain networks.
Bitcoin (CRYPTO: BTC) moved higher, but the cryptocurrency prices traded below the key $43,000 level on Tuesday. Ethereum (CRYPTO: ETH), however, edged lower, trading below the key $2,600 mark this morning.
In today's cryptocurrency landscape, there's a slight relief in the ongoing correction as Bitcoin attempts to stabilize above $42,000. Despite the introduction of spot Bitcoin ETFs not causing a significant surge in BTC, technical chart analyses indicate that the current correction is a common pattern seen in financial assets, often preceding a return to bullish momentum.
Cryptocurrency Picks for Today: On Tuesday, the crypto market witnessed a minor relief rally in its correction trend, as the Bitcoin price tries to stabilize above the $42000 mark. Although the recent introduction of spot Bitcoin ETFs didn't trigger a major uptick in the underlying asset BTC, current technical chart analyses suggest that this correction
Klaytn Foundation and Finschia Foundation propose a merger to create a joint ecosystem, with a new mainnet and a token. In a press release on Jan.
Klaytn is an open-source public blockchain designed for tomorrows on-chain world. Klaytn Architecture- Klaytn blockchain network is a combination of multiple peer-to-peer subnetworks composed of Klaytn nodes transmitting transactions and blocking data to execute value transfers and to execute smart contracts.
The Klaytn Foundation, an organization devoted to expanding the Klaytn ecosystem, announced that Creder, one of its governance council members, will launch a tokenized gold offering called Gold Pegged Coin (GPC) in January. Creder will also launch Goldstation, a decentralized finance platform to convert physical gold into GPC tokens.
Klaytn said the platform provides what it claims to be the first tokenized gold available on DeFi outside of the Ethereum ecosystem.
Crypto Price Prediction: The Short-term trend in the cryptocurrency market is currently sideways as a majority of major cryptocurrencies continue to waver in uncertainty. However, despite this indecisiveness tokens like 1INCH, FIL, and Klay showcased a double-digit jump in the last 24 hours resuming their prevailing recovery.
In an industry where innovation and disruption are the norm, Veronica Wong, CEO and Co-Founder of SafePal, offers a refreshing yet provocative perspective on the evolution and future of Web3. With a blend of realism and foresight, Wong dissects the Web3 landscape, emphasizing the need for a strategic balance between pioneering spirit and pragmatic application.
In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur's token BLUR, which soared by a significant 72% this past week.
In recent times, the world of cryptocurrencies has been the subject of increasing attention and interest, recently Altcoins as well. Internet search for altcoins and related projects has seen a notable increase in the last period.
CoinMarketCap Labs (CMC Labs) has chosen the Klaytn Foundation, the South Korean conglomerate Kakao's Layer 1 public blockchain, as one of its official partners. This strategic collaboration aims to bolster the Web3 startup ecosystem and support developers on the Klaytn blockchain.
KLAY, the native token of the gamefi project Klaytn, has emerged as the top gainer among the top 100 cryptocurrencies as its open interest rises. KLAY is up by 22% in the past 24 hours and is trading at $0.
Kakao-backed blockchain network Klaytn plans to explore tokenization practices with a shipping unit of Korindo, an Indonesian conglomerate.
During the initial part of October, sellers had the upper hand as the crypto market underwent a notable correction. This correction affected not only the market leaders like Bitcoin and Ethereum but also resulted in a retracement in many major cryptocurrencies due to increased selling pressure.
Top crypto exchange Binance is set to delist 25 Binance USD trading pairs. Binance Margin, a service on Binance that gives traders access to margin trading of crypto assets, will be delisting 25 BUSD pairs.
South Korea's crypto surge has seen an unprecedented $100B in virtual assets dominate overseas accounts, reflecting a significant shift in the country's financial sector.
The Klaytn (KLAY) price has fallen under a descending resistance line since its yearly high on February 22.
In a strategic move to stand tall among industry giants like Ledger and Trezor, Binance-backed SafePal has transitioned to an open-source platform, introducing a new Bluetooth hardware wallet, the X1. What Happened: The company, which enjoys the backing of Binance Labs and Animoca Brands, serves over 10 million users globally.
The X1 Wallet comes with all the key features of its predecessor, S1, and SafePal is counting on it as a strong product to take on rivals.