Bitget's Shibarium Wallet Integration Unlocks New Horizons for 40M Crypto Users

Top Exchange Exposes Shiba Inu L2 Shibarium to 40M+ Users with Recent Wallet Integration

The Crypto Basic reports that Bitget, a leading crypto exchange, has integrated the Shiba Inu Layer-2 blockchain known as Shibarium into its Web3 wallet. This integration is significant because it allows over 40 million users of the Bitget Wallet to interact with the Shibarium network by storing, transferring, swapping, and staking assets within the ecosystem. Despite this advancement in their wallet services, it's important to note that Bitget has not yet incorporated Shibarium directly onto its exchange platform.

This development follows closely on two major milestones achieved by the Shibarium network: surpassing 2 million wallets and exceeding a total transaction count of 600 million. The move could potentially increase activity on the network significantly due to Bitget's extensive user base across 168 countries. However, while some exchanges like Gate.io and BluBit have already adopted support for Shibarium along with wallets such as Frontier and GroveX, there remains pressure from community members urging larger platforms like Binance or Coinbase to follow suit.

Binance and Circle Partner to Boost Global USDC Adoption

According to Decrypt Media’s recent article titled "Binance and Circle Partner to Boost Global USDC Adoption," Binance announced a strategic partnership with U.S.-based stablecoin issuer Circle during Abu Dhabi Finance Week. Their collaboration aims at accelerating global adoption of USD Coin (USDC) through enhanced trading capabilities on Binance’s platform including saving options and payment applications.

This alliance marks an essential step towards strengthening digital asset ecosystems worldwide amidst regulatory challenges faced by other stablecoins such as Tether's EURT which ceased minting operations under EU scrutiny last November. By adopting USDC as its primary treasury stablecoin backed by technology provided via Circles’ MiCA-valid license acquisition earlier this year—offering critical access points needed when serving European Union markets—the partnership signifies substantial progress toward ensuring compliance standards are met efficiently moving forward despite previous setbacks experienced regarding BUSD issuance halted following investigations conducted against Paxos initiated back then too!

Layer-2 Project Using Facebook’s Move Language Rallies Hard as Coinbase Adds Trading Support

The Daily Hodl highlights how Movement (MOVE), an Ethereum-based layer-2 project utilizing Facebook-developed programming language 'Move,' saw remarkable growth after gaining listing approval from top-tier cryptocurrency exchange giant -Coinbase-. Following news release announcing availability alongside experimental label warnings indicating potential risks associated low-volume trades/canceled orders; MOVE surged upwards reaching $1 mark before settling down slightly around current levels approximately valued near half-dollar range today still maintaining impressive market capitalization figures estimated roughly billion dollars overall ranking among largest projects globally now recognized industry-wide. These noteworthy events in the rapidly changing landscape of the crypto sector continue to evolve dynamically, offering exciting opportunities for those willing to explore them fully.

Sources: