Category: Stellar

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Stellar (XLM) Shines With 11% Gain Despite Downbeat Crypto Market Mood

Stellar (XLM) flexes its muscles as it rose in price today, August 8th, going against the slowing market rebound that occurred after the market’s dip that happened earlier this week. According to CoinGecko, XLM shifted upwards by almost 10% gaining in an environment where the majority of altcoins are still experiencing pain.  The Stellar network’s…
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Time To Stack Stellar (XLM)? Analyst Calls For Epic 500% Price Breakout

Stellar Lumens (XLM), the cryptocurrency known for its fast and cheap cross-border transactions, has been on a quiet journey lately. While the broader crypto market experiences wild swings, XLM trades sideways, seemingly unfazed by the drama. But is this calmness a sign of stagnation, or is Stellar poised for a stellar (pun intended) breakout? Trading…
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Tim Draper Champions Blockchain Startups: Announces Major Partnership With Stellar

Renowned venture capitalist Tim Draper announced a significant collaboration between Draper University and Stellar. The partnership aims to accelerate and fund up to 80 startups over the next two years, with these startups set to build on the Stellar blockchain platform. The initiative includes the Stellar Astro Hacker House and the Stellar Embark Accelerator, programs…
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Stellar Price Prediction as XLM Retraces 5.4% With Market Drop — Is It Time to Load Up?

XLM has fallen by 3% in the past 24 hours, with the Stellar price dropping to $0.1051 on a day when the wider crypto market has suffered a 7% decline. The coin is now down by 12% in a week and by 23% in the last 30 days, although it holds onto a 12% gain…
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Stellar Debuts Smart Contracts With Protocol 20 Update

Stellar has announced the introduction of smart contracts as part of its Protocol 20 update, passed by a validator vote on Feb. 20. The upgrade introduces Soroban, the new smart contracts system, to mainnet, and initiates a phased rollout for validators to monitor the performance of these transactions before scaling them at a subsequent phase.…
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Stellar Delays Smart Contract Upgrade Following Bug Discovery

The Stellar Development Foundation (SDF) has postponed its scheduled smart contract upgrade after discovering a bug in the upgrade. According to a recent announcement published by the Stellar Development Foundation, the Protocol 20 upgrade, originally slated for a Jan. 30 launch, was delayed following the identification of a bug. The SDF made the decision after…
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Today in Crypto: Matr1x Gaming Platform Raises $10 Million, Bybit’s Portfolio Margin Mode Gets Spot Trading Capabilities, MapMetrics Expands to Peaq Blockchain

Source: matr1x.io/games Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Matr1x, the platform facilitating the mobile shooting game Matr1x Fire within the Web3 domain, secured an additional $10 million in its recent A-2 financing round, following successful fundraising in…
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Stellar, PwC publish ‘framework’ to judge emerging market blockchain projects

Stellar Development Foundation published a method for judging Web3 project effectiveness in Colombia, Argentina, Kenya, the Philippines, and other developing markets. The Stellar Development Foundation, developers of the Stellar network, released a financial inclusion framework for judging the efficacy of emerging market blockchain projects. The framework was developed in cooperation with consultants PricewaterhouseCoopers International (PwC)…
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Moneygram Introduces Non-Custodial Crypto Wallet for Cross-Border Payments

Moneygram, a leading money transfer company, announced plans to launch its own non-custodial digital wallet in partnership with the Stellar Development Foundation. The wallet will enable users to convert between fiat and digital currencies when sending cross-border payments. Moneygram Partners With Stellar to Launch Non-Custodial Digital Wallet Set to launch in the first quarter of…
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Circle launches native euro stablecoin on Stellar

The EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche. Stablecoin issuer Circle has launched a Stellar network version of its euro-backed stablecoin, EURC, according to a Sept. 26 announcement. EURC was previously only available on the Ethereum and Avalanche networks. Hello Europe meet our new friend EURC on…
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