The Deep Worm price has skyrocketed nearly 180%, gaining the attention of investors in the meme coin sector. This massive surge highlights a renewed focus on the meme coins, especially with BitMEX co-founder Arthur Hayes making bold predictions on WORM.

Tidus, a decentralized wallet platform focused on simplifying decentralized finance (DeFi), has integrated the Wormhole-powered Mayan Swift SDK to streamline cross-chain transfers. What Happened: The integration allows users to move stablecoins such as USDC (CRYPTO: USDC) and USDT (CRYPTO: USDT), along with native tokens ETH and SOL, between the Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) blockchains.

Transfero selects Wormhole's NTT framework to enable multichain functionality for its stablecoins BRZ, ARZ, and CLZ, enhancing security and liquidity across blockchain networks.

Transfero, a stablecoin issuer focused on Latin American currencies, has tapped Wormhole as its interoperability provider. The Brazil-based fintech company announced the development on Nov.

PayPal USD (PYUSD) will now facilitate cross-chain transfers between Ethereum and Solana through Wormhole, enhancing stablecoin transactions and interoperability.

PayPal USD (PYUSD) will now support native cross-chain transfers between Ethereum and Solana through Wormhole, enhancing stablecoin transactions without token wrapping.

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Flow Traders joins Wormhole's network to boost multichain swaps, providing enhanced liquidity and speed. This collaboration aims to improve cross-chain transactions through the Composable Intents platform.

Flow Traders will buy a stake in Wormhole and facilitate cross-chain crypto swaps.

Flow Traders, a multi-asset class liquidity provider and publicly traded trading platform, has joined the solver network supporting multichain token swaps. Wormhole announced on Oct.

TL;DR Synthetix has proposed acquiring Kwenta, an exchange derived from its ecosystem, to unify operations and enhance services. The acquisition values each KWENTA token at 17 SNX, with a token swap valued at $13.2 million. The integration would involve dissolving Kwenta's governance and merging it with SNX's Spartan Council.

DeFi protocol Synthetix is setting its sights on acquiring Kwenta, a derivatives exchange that emerged from Synthetix itself in 2020. The post Synthetix Eyes Acquisition of Former Spin-Off Kwenta to Bolster DeFi Derivatives appeared first on Cryptonews.

Synthetix, a well-known DeFi protocol for synthetic assets, has just announced the launch of version V3 on the layer-2 blockchain of Arbitrum.

The v3 launch marks the DeFi protocol's first big product rollout after a governance overhaul in October.

TL;DR M^0 has chosen Wormhole as its official interoperability provider, allowing the stablecoin $M and Smart $M to be available on multiple chains. The integration of Wormhole's Messaging and Native Token Transfer (NTT) infrastructure will facilitate M^0's access to new users across various ecosystems.

M^0 partners with Wormhole to enhance the multichain capabilities of its stablecoin M, utilizing Wormhole's NTT framework to boost interoperability and DeFi adoption.

The derivatives liquidity protocol Synthetix (SNX) witnessed more development activity than any other project in the decentralized finance (DeFi) sector in the past 30 days, according to the crypto analytics firm Santiment. Synthetix aims to serve as a backend liquidity tool for user-facing DeFi projects, according to the protocol's whitepaper.

Stablecoin issuer Agora has selected Wormhole as the interoperability hub for its stablecoin AUSD.

TL;DR Infinex Partners with Wormhole: Infinex has teamed up with Wormhole to enhance its multichain DeFi infrastructure, enabling seamless transactions across multiple blockchains and simplifying user interactions. $65M Raised Through NFT Sale: Infinex successfully raised $65.

A widely followed crypto trader is predicting that two altcoins will rally to fresh all-time highs while updating his outlook on Bitcoin (BTC) and cross-chain protocol Wormhole (W).

Decentralized finance platform Infinex will leverage Wormhole's interoperability solution to bolster its multichain app. According to the latest announcement from Infinex, the integration of Wormhole (W) brings in-app token transfers to Infinex users.

Fresh off its $65.3 million NFT sale, DeFi frontend Infinex has partnered with Wormhole to power its multichain functionality.

Wormhole's Portal V2 upgrade enhances user experience with new transfer routes, faster transactions, and improved UI, facilitating seamless cross-chain asset transfers.

Wormhole's surge raised some breakout hopes, but key resistances and on-chain signals may have something to say.

Wormhole's Connect upgrade streamlines cross-chain asset transfers with enhanced functionality, reducing wait times and improving user experience.

With a minor recovery in Bitcoin after a crash from $65K to $60K amid global market corrections, the altcoins are rising again. Amidst the relief, some quick-to-react altcoins are teasing a price jump in a bull market ahead.

Wormhole (W) has surged by 40.8% over the past 24 hours, breaking through significant resistance levels and drawing attention from traders and investors alike. This dramatic rise, coupled with a substantial increase in open interest, indicates that confidence in the cryptocurrency is stronger than ever.

The Open Interest increased by nearly 50% to stand at $64.8 million in 24 hours, showing firm bullish conviction.

Wormhole (W) has seen a dramatic spike in trading volume, reaching $500 million following its debut on the major South Korean exchange Upbit. The listing came amid an unfavorable market condition that saw liquidated million in the last 24 hours.

It has been a brutal week for cryptocurrencies as most of them erased gains made last week when investors cheered the Federal Reserve interest rate cuts and the robust stimulus from Chna, the second-biggest economy worldwide.

A cross-chain protocol's altcoin is soaring after Korea's biggest crypto exchange announced support for trading. Messaging protocol Wormhole (W) shot up from a 24-hour low of $0.28 to a current value of $0.37, a more than 32% increase after crypto exchange Upbit announced support on the Solana (SOL) network. With a market cap of $959.

Despite Bitcoin's plunge below $63,000 due to Middle East tensions, W, CFX, and OM surged, bucking the broader market trend.

Wormhole's token went up by 20% after South Korean cryptocurrency exchange Upbit announced that the W token has been listed for trading on the KRW, BTC, and USDT markets.

The SR-2 proposal wants to address many of the concerns currently dragging down the Synthetix protocol.

Synthetix community approves a major protocol overhaul with 99.4% support, aiming to revitalize the project through token redesign, multi-chain deployment, and governance restructuring.

A new proposal looking to completely reboot DeFi protocol Synthetix has garnered 99.4% approval from community members.

Cryptocurrencies, stocks, and other risky assets received another catalyst on Friday, Sept. 27, after the U.S. government published encouraging inflation data.

Cryptocurrency Market Overview: The overall market capitalization of cryptocurrencies worldwide has increased by 1.75% in the last day to reach $2.3 trillion, indicating that the market is still on the rise. The 24-hour volume increased 31.14% due to increased trading activity, reaching $89.75 billion.

Securitize has partnered with Wormhole Foundation to enable cross-chain interoperability for all assets tokenized on its platform, according to a Sept. 20 announcement.

Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say.

Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain transfers for all tokenized assets on its platform. The partnership aims to enhance liquidity and accessibility for tokenized assets while bridging traditional and decentralized finance systems.

Sky, a decentralized finance protocol rebranded from MakerDAO, is set to utilize Wormhole's technology to bring its native tokens to Solana, enhancing its multichain capabilities.

TL;DR Securitize partners with Wormhole to offer blockchain interoperability, increasing the flexibility and liquidity of tokenized assets. The integration will allow issuers and investors to manage and transfer assets seamlessly across different blockchain networks. The collaboration strengthens institutional adoption of digital assets and facilitates access to new opportunities in decentralized finance.

Sky, formerly known as MakerDAO, plans to launch its decentralized stablecoin, USDS, on Solana using the Wormhole interoperability protocol. Rune Christensen, Sky's founder, announced the move during the ongoing Solana Breakpoint conference on Sept.

Both current and future products from Securitize will benefit from the Wormhole partnership, enabling them to function across various protocols, including both private and public blockchains.

Securitize has integrated with Wormhole to bring cross-chain utilization and capabilities to assets tokenized via its platform. The Wormhole (W) token rose slightly amid the news, with W price reaching highs of $0.25. W price was up 5% in the past 24 hours and 17% in the past week. In an announcement on Sept.

Securitize integrates Wormhole for cross-chain tokenized asset transfers, enhancing liquidity and accessibility across blockchains. The post BlackRock tokenization partner taps Wormhole for cross-chain RWA transfers appeared first on Crypto Briefing.

BlackRock-backed Securitize partners with Wormhole for further developments in cross-chain tokenization.