Next-Gen Web3 Wallet Beta Unveiled, Causes $17M in Pre-Sale Funding for Remittix
In the dynamic world of cryptocurrency, there's always something new and exciting happening. Here's a roundup of some of the latest developments that have caught our attention.
Institutional Accumulation Boosts Solana (SOL)
Solana (SOL) price has surged amidst reports of institutional accumulation. The cryptocurrency, known for its high-speed transactions and low fees, continues to attract interest from investors.
Remittix: Crypto for Everyday Transactions
Remittix, a decentralized finance (DeFi) platform, is making waves in the crypto space. The platform aims to bring crypto into the realm of everyday transactions, particularly in regions where traditional money sending is slow, expensive, or not feasible. Remittix has been trending on Twitter, making waves in Telegram trading channels, and highlighted across low-gas-fee cryptocurrency boards.
Elon Musk Launches AI-Driven Software Company
Elon Musk, the CEO of Tesla and SpaceX, has ventured into the software industry with the launch of Macrohard, an AI-driven software company. The details of the new venture are still scarce, but it's expected to create a ripple effect in the tech world.
Record Cryptocurrency ETF Filings in the U.S.
The U.S. Securities and Exchange Commission (SEC) is currently reviewing a record 92 cryptocurrency Exchange-Traded Fund (ETF) filings. The decision on these filings could potentially open the floodgates for institutional investment in the crypto market.
Hyperliquid Surges in Revenue
Hyperliquid, a cryptocurrency exchange, has seen a significant surge in 24-hour revenue, outpacing key competitors. The rise in revenue suggests growing investor interest in the platform.
Remittix Beta Go-Live Date Announced
Remittix has announced the beta go-live date for its web3 wallet, which is targeted for Q3 2025. The wallet will initially support Ethereum and Solana networks, with future support for Cardano (ADA) and XRP networks. The Remittix wallet will offer cross-chain transfers, low gas fees, and frictionless crypto-to-bank transfers in over 30 countries.
Federal Reserve Highlights Stablecoins
The Federal Reserve has highlighted stablecoins amidst the passage of the GENIUS Act. The focus on stablecoins indicates the growing importance of these digital assets in the financial sector.
Coinbase Introduces On-Chain DeFi Lending
Coinbase, one of the largest cryptocurrency exchanges, has introduced on-chain DeFi lending with Morpho integration. The move is expected to boost the DeFi sector by making lending more accessible to a wider audience.
Remittix Presale Ongoing, $250,000 Giveaway
The Remittix presale is still ongoing on the official website. Everyone who adopts early will receive a 50% token bonus and a chance to win the ongoing $250,000 Giveaway.
SEC Holds Cryptocurrency Roundtable
The SEC recently held a cryptocurrency roundtable on financial surveillance and privacy. The discussion aimed to address the challenges and opportunities presented by cryptocurrencies in the financial system.
Other Notable Developments
- Grayscale's CoinDesk Crypto 5 ETF has debuted post-SEC approval.
- Bullish Europe has secured a German crypto license for EU expansion.
- A new coin under $1 has gained an edge with EVM Layer-2.
- LET Mining has made crypto investing simple and efficient.
- Rain has launched an alpha version of their open, fully decentralized, and automated options protocol.
- Flipster has partnered with WLFI to advance global stablecoin adoption through USD1 integration.
- The development of SJMINE on XRP has broken through the $3 mark.
- XRP investors are flocking to DOT Miners to earn daily passive income.
- Seoul Protocol has undergone an upgrade, strengthening institutional security on Tezos and enabling 63x network efficiency gains.
- Dogecoin and One Ethereum Coin under $0.0025 have been named the most important meme coins in 2025.
- The $LIVE Crypto Presale offers 12x returns on launch, RWA rewards, and a $2.5 million giveaway.
Stay tuned for more updates as the crypto world continues to evolve!
Read also:
- User Data Analysis on Epic Games Store
- Rachel Reeves conducts a discussion with Scott Bessent and financial executives, focusing on investment matters
- Hyundai accelerates production plans: Introducing 7 new N models, aiming for a sales figure of 100,000 units by 2030.
- Yasa, an electric car engine producer, plans to broaden its operations.
