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Injective inEVM Layer 2 launches on mainnet, targeting more Ethereum, Cosmos and Solana collaboration

Injective inEVM Layer 2 launches on mainnet, targeting more Ethereum, Cosmos and Solana collaboration

Injective’s EVM rollup “capable of achieving true composability across Cosmos and Solana” launches on mainnet.

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Cosmos-focused development platform Cosmology raises $5 million in seed funding

Cosmology, a Cosmos tech suite provider, has raised $5 million in a seed funding round led by Galileo and Lemniscap.

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First Mover Americas: AI Tokens Reclaim the Spotlight

The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Nigeria’s Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems, Adoption

Adoption of the central bank digital currency pales in comparison to the use of cash in the country.

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Nigeria’s central bank partners with Gluwa to drive CBDC adoption following Binance spat

Nigeria’s eNaira, the world’s second central bank digital currency, hasn’t been widely adopted by Nigerians thus far.

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Lack of staking yield in Ethereum ETFs could potentially reduce their appeal, BitMEX analysts opine

Lack of yields from potential non-staking Ethereum ETFs could diminish the attractiveness of such products, BitMEX analysts opined.

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Crypto Wallet SafePal Ventures into Banking with New USDC Visa Card

Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.

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Misspelled celebrity memecoins on Solana surge in price, such as Jeo Boden, Danold Tromp and Olen Mosk

Tokens based on U.S. President Joe Biden, such as Jeo Boden, have surged in price on the Solana blockchain.

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Crypto AI Tokens in Focus as DOGE, SHIB Rally Starts to Ease

Data from CoinGecko shows the AI token category was up 25% on average in the past 24 hours, compared to bitcoin’s 0.3% increase.

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Nigeria’s SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report

Nigeria’s government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.

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