Kava(KAVA)

[PRESS RELEASE – Georgetown, Cayman Islands, September 1st, 2023] Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. The integration will enable safe and secure access for Fireblocks customers to the expanding Cosmos DeFi ecosystem […]

Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain.

[PRESS RELEASE – Georgetown, Cayman Islands, August 30th, 2023] Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of […]

Georgetown, Cayman Islands, August 30th, 2023, Chainwire Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of traditional centralized exchanges. Kinetix's innovative Perpetual Market allows users to leverage trade on the Kava Chain. The Perpetual Market meets the rising demand for decentralized trading solutions, offering users leveraged exposure to crypto assets like KAVA, axlETH, axlWBTC, ATOM, and USDt all while ensuring utmost transparency and security. "The Perpetual Market is not just another trading platform — it is a reflection of Kinetix's dedication to providing decentralized solutions that empower our users. With this platform, we're offering a unique, secure, and efficient way to leverage trade on the Kava Chain," said Kinetix team lead Alexi Atlas. At the heart of Kinetix's Perpetual Market is the distinctive liquidity pool system, KLP. LPs can offer any of the initial five supported assets: KAVA, axlETH (ETH), axlBTC (BTC), ATOM, and USDT. In return for contributing these tokens, participants receive KLP, a special liquidity token representing the entire basket. This decentralized structure, combined with the protocol's AMM, facilitates leverage trading, allowing users to borrow based on the value of their collateral. “Kinetix's Perpetual Market boasts a suite of features tailored to cater to sophisticated DeFi users. Its decentralized nature guarantees that positions of any size can be taken with clarity and safety,” said Scott Stuart, Kava Chain Co-founder. “And the KLP token is a nod to traditional liquidity pool systems, ensuring familiarity and ease of use for traders.” For more updates, follow Kava Chain and Kinetix Finance on X (fka Twitter). About Kava Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Committed to fostering innovation and growth, Kava Chain is a trusted choice for developers and users worldwide. About Kinetix Kinetix Finance is building a DeFi Hub featuring perpetual futures trading and the most sophisticated trading instruments on Kava, connecting the major building blocks of decentralized finance. Your best trade, every trade. Contact Media ManagerGuillermo [email protected]

[PRESS RELEASE – Georgetown, Cayman Islands, August 28th, 2023] Stargate, the leading omnichain liquidity layer, and native asset bridge with over $18 billion in lifetime transaction volume, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable Layer 1. This integration will expand the reach of Tether’s Cosmos-native USDt issued exclusively on the Kava Chain, to […]

Georgetown, Cayman Islands, August 28th, 2023, Chainwire Stargate, the leading omnichain liquidity layer, and native asset bridge with over $18 billion in lifetime transaction volume, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable Layer 1. This integration will expand the reach of Tether’s Cosmos-native USDt issued exclusively on the Kava Chain, to the Ethereum ecosystem and beyond. Stargate's success in connecting Ethereum networks is unmatched, with 300x more TVL than the next most-used bridge. Deploying Stargate on the Kava Chain gives DeFi users the most secure and efficient way to move USDt between the Cosmos and Ethereum ecosystems. The integration ensures that users from any of Stargate’s chains have access to USDt on Kava Chain and every app-chain on Cosmos’s Internet of Blockchains. Ease-of-use features like single-click transfers and swaps, combined with unified liquidity and instant guaranteed finality, make traversing USDt capital efficient and simple. Stargate's native asset transaction capabilities ensure a more direct and efficient connection to the Cosmos ecosystem. “Kava Chain’s growth since becoming the exclusive native USDt hub for Tether has been impressive, with 90 million native USDt issued,” said Scott Stuart, Kava Chain Co-founder. “With Kava Chain now on Stargate, both retail and institutional users who previously had restricted access to certain features on Kava, now have an even broader spectrum of opportunities with USDt.” Stargate's involvement, combined with the Kava Chain's USDt integration, promises to drive growth, increase exposure to liquidity, and open the Kava Chain and Cosmos ecosystems to wider markets, unprecedented usage for the first time. About the Kava Chain The Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Committed to fostering innovation and growth, the Kava Chain is a trusted choice for developers and users worldwide. For more updates, follow Kava Chain on X (fka Twitter). About Stargate Stargate is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi. With Stargate, users & dApps can transfer native assets cross-chain while accessing the protocol’s unified liquidity pools with instant guaranteed finality. Contact Media managerguillermo [email protected]

Georgetown, Cayman Islands, August 28th, 2023, Chainwire Stargate, the leading omnichain liquidity layer, and native asset bridge with over $18 billion in lifetime transaction volume, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable Layer 1. This integration will expand the reach of Tether’s Cosmos-native USDt issued exclusively on the Kava Chain, to the Ethereum ecosystem and beyond. Stargate's success in connecting Ethereum networks is unmatched, with 300x more TVL than the next most-used bridge. Deploying Stargate on the Kava Chain gives DeFi users the most secure and efficient way to move USDt between the Cosmos and Ethereum ecosystems. The integration ensures that users from any of Stargate’s chains have access to USDt on Kava Chain and every app-chain on Cosmos’s Internet of Blockchains. Ease-of-use features like single-click transfers and swaps, combined with unified liquidity and instant guaranteed finality, make traversing USDt capital efficient and simple. Stargate's native asset transaction capabilities ensure a more direct and efficient connection to the Cosmos ecosystem. “Kava Chain’s growth since becoming the exclusive native USDt hub for Tether has been impressive, with 90 million native USDt issued,” said Scott Stuart, Kava Chain Co-founder. “With Kava Chain now on Stargate, both retail and institutional users who previously had restricted access to certain features on Kava, now have an even broader spectrum of opportunities with USDt.” Stargate's involvement, combined with the Kava Chain's USDt integration, promises to drive growth, increase exposure to liquidity, and open the Kava Chain and Cosmos ecosystems to wider markets, unprecedented usage for the first time. About the Kava Chain The Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Committed to fostering innovation and growth, the Kava Chain is a trusted choice for developers and users worldwide. For more updates, follow Kava Chain on X (fka Twitter). About Stargate Stargate is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi. With Stargate, users & dApps can transfer native assets cross-chain while accessing the protocol’s unified liquidity pools with instant guaranteed finality. Contact Media managerguillermo [email protected]

Investors and traders have begun eyeing STEPN (GMT), Kava (KAVA), and Pomerdoge (POMD) cryptocurrencies as they have solid growth potential, according to analysts. However, to truly see how far they can climb in terms of value, today, we will be going over their on-chart data. Join us as we uncover the comprehensive analysis of each […]

The latest CPI announcement failed to push the cryptocurrency market out of its consolidation, as the rangebound trading continues.

[Press Release – Georgetown, Cayman Islands, July 12th, 2023] Kava, a Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos has launched the Kava 14 upgrade. This upgrade deploys ‘internal bridge’ technology to seamlessly convert native Cosmos assets to and from Ethereum’s ERC20 token standard. Kava 14 is […]

[PRESS RELEASE – Cayman Islands, Cayman Islands, July 6th, 2023] Native USDT unlocked on Cosmos. Tether’s USDt, the world’s most liquid, secure, and transparent stablecoin, has successfully launched on Cosmos via Kava, marking a significant milestone in the expansion of the Cosmos DeFi ecosystem. The integration of Tether’s USDt on Kava makes deep stablecoin liquidity […]

Binance no longer supports deposits and withdrawals for several cross-chain bridge tokens linked with the Multichain project. Binance Suspends Multichain Support In a recent development, Binance, one of the world's largest cryptocurrency exchanges, has announced that it is ending support for withdrawal and deposit for several Multichain-bridged tokens. From July 7 onwards, customers on networks like BNB Smart Chain, Fantom, Ethereum, and Avalanche will be unable to deposit or withdraw bridged tokens until further notice. It is important to note that the suspension only applies to specific tokens bridged to Multichain and does not affect the trading of other cryptocurrencies on Binance. Users can still trade and engage in transactions with the wide range of tokens available on the exchange. Some of the tokens affected by this decision are Polkastarter (POLS), Alchemy Pay (ACH), Beefy.Finance (BIFI), Harvest Finance (FARM), tokens minted through the bridge on Fantom, like Beefy.Finance (BIFI) and Alpaca Finance (ALPACA), and a token minted on Ethereum’s bridge, Travala (AVA). Binance Assures Funds Safety Multichain is a cross-chain interoperability protocol. It enables the seamless transfer of assets between different blockchain networks and currently oversees over $1.3 billion in assets, with $698 million minted on Ethereum, $339 million minted on BNB Smart Chain, and $92 million on Fantom. However, Binance is taking no chances when it comes to safeguarding user funds. Although the team has assured customers that funds remain secure, the uncertainty around the matter is worrying users whose funds are stuck in the protocol. According to a Binance spokesperson, the temporary suspension of these services on the Binance platform is only a temporary risk management measure. Users can still trade the tokens on Binance and withdraw them using alternative networks. This means that as long as the assets do not involve the Multichain project, they can proceed as normal. The Multichain Complication Although the team has not specified the exact reason behind this decision, it is implied that it is in response to the protocol’s difficulties that occurred in May. During that period, the project experienced transactional difficulties with processing bridge transfers. Kava, zkSync, Polygon zkEVM, and several other pathways of the cross-chain bridge were not functioning properly. Multichain CEO Zhaojun was also unreachable and rumored to be taken into police custody. As a result, Binance suspended deposits for Multichain-bridged tokens on May 25, citing complications within the protocol. The recent suspension is just a follow-up to the previous action against Multichain. In conclusion, Binance's decision to suspend transfers of several tokens tied to Multichain is a proactive measure to ensure the security and stability of its users' funds. Users are advised to stay informed through official channels and await further updates from the exchange. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett are among a group on the Supreme Court who may not smile upon the SEC’s interpretation of the law.

[Press Release – Georgetown, Cayman Islands, June 23rd] Tether chooses Kava, a layer-1 blockchain designed for scalability and speed, as its gateway to the Cosmos ecosystem. Kava is excited and honored by Tether’s decision to bring the world’s most liquid, secure, and transparent stablecoin USDt to Cosmos appchains and Kava EVM dApps. https://twitter.com/Tether_to/status/1671445095965499393?s=20 “Kava’s support […]

Kava joined the likes of Ethereum, NEAR Protocol, Polygon, and others to add support for USDT.

Tether is looking to improve the stablecoin's liquidity across multiple blockchains.

Conflux (CFX) and Kava (KAVA) face strong resistance in the market, depicted by strong price movements to the downside. In contrast, DigiToads (TOADS) has turned out to be a bright spot in a bear market, rallying by more than 140%, and its presale is on track to raise millions. The opportunity to buy into DigiToads […]

Bitcoin is about to close its worst performing month since FTX collapsed, but a handful of altcoins posted noteworthy gains in May.

The digital world is in the throes of a shifting crypto landscape. That is because projects like Shiba Inu, KAVA, and the emerging platform, Tradecurve, are making headlines. As investors seek new opportunities, the question is: can these digital currencies instigate a bull run?  >>Register For The Tradecurve Presale<< Shiba Inu (SHIB): Bullish Potential Amid […]

The silence emanating from Multichain&rsquo;s leadership has amplified rumors, leading to significant unease and uncertainty among protocol users. At present, several of Multichain&rsquo;s cross-chain pathways remain down, leading to a major pile-up of transactions on the protocol. Multichain&rsquo;s Radio Silence The radio silence from the Multichain team has left users searching for answers, with the protocol currently holding $1.5 billion in total value locked (TVL). Multichain face a fifth day of outages and transactions that are in limbo, primarily due to multiple cross-chain pathways that are still offline. These include Polygon zkEVM, Kava, and zkSync. Initially, the team stated that this was caused due to an upgrade that was being patched. However, this explanation was revised, with the cause outlined as an ambiguous explanation of &ldquo;force majeure.&rdquo; The uncertainty and radio silence comes against the backdrop of unverified rumors circulating on Twitter that the protocol&rsquo;s core leadership could possibly be under arrest in China. Co-founder of Multichain, DJ Qian, took to Twitter, stating he had asked Multichain CEO Zhaojun and its founding partner Xu Guochang if they could provide any help or explanation. &ldquo;From yesterday to today, I received a lot of greetings. Many people sent messages asking me if I was okay. Thank you for your concern. Of course, I&rsquo;m fine. At the same time, I also hope that there is nothing serious about multichain. Although I am not ashamed of what Zhaojun did before, after all, I brought Zhaojun and Guochang into the industry. I asked Guochang for some information to see if he could provide technical or other help. Well, the most important thing is the safety of user assets and the safety of people.&rdquo; Leadership Under Arrest? With rumors of the team&rsquo;s arrest circulating on Twitter, Multichain&rsquo;s VP of Strategic Partnerships stated in a Telegram group message that he was not aware if Chinese authorities had actually detained the protocol&rsquo;s leadership. Protocol CEO Zhaojun did not reply to any messages on the group in question nor to direct queries. The project&rsquo;s Discord server and other Telegram groups are dealing with similar uncertainty, with no updates about the project or its future. All community members have been told to wait for any further updates. MULTI Token Plummets With the uncertainty surrounding the project, the protocol&rsquo;s native MULTI token has continued its downward trajectory. With users complaining that their transactions had been stuck since Sunday, the team assured them that their funds were safe and they were working to resolve the issue. David Who, a community manager with Multichain, had given users an update, stating, &ldquo;At this stage, we can&rsquo;t be sure when it will be fully fixed. However, our user&rsquo;s funds are safe, and pending transactions would &ldquo;pass through automatically and instantly&rdquo; after resolution.&rdquo; However, with no resolution, the token&rsquo;s price has continued to drop. Currently, the MULTI token is down over 28% and is trading at $3.80. Other Projects React Several projects have responded to the situation unfolding at Multichain. Coinflux Network became the latest to respond, stating that it had suspended Multichain&rsquo;s co-mint privileges as a precautionary measure. This would prevent Multichain from minting new tokens on the project&rsquo;s blockchain. Furthermore, Coinflux also added that it would work with users to mitigate any losses that may arise. Crypto Investment firm HashKey Group also revealed that it had moved $250,000 from Multichain to Gate.io. Meanwhile, Tron founder Justin Sun also revealed that he had withdrawn 470,000 of the USDD stablecoin from the protocol. Cryptocurrency exchange Binance also swung into action, announcing that it was suspending deposits for 10 bridged tokens following days of transactions being stuck in limbo. This impacted several token pairs, including Polkastarter (POLS), Alpaca Finance (ALPACA), Travala.com (AVA), Spell (SPELL), Fantom (FTM), Alchemy (ACH), Beefy (BIFI), SuperVerse (SUPER), Harvest Finance (FARM) and DeXe (DEXE). Binance&rsquo;s announcement will impact users of bridged tokens on Ethereum, Avalanche, BNB Smart Chain, and Fantom. Fantom Foundation also moved to limit its exposure, withdrawing $2.4 million in liquidity of the MULTI token on the SushiSwap DEX. Andre Cronje, Fantom Foundation Director, explained that Fantom had to act due to the uncertainty surrounding Multichain and was withdrawing the funds out of caution. Cronje added, &ldquo;No point to LP at times of uncertainty. You can see in the wallet the funds haven&rsquo;t been sold. As soon as Multichain is able to release a statement around this and clear it up, we will LP again.&rdquo; Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Aside from CFX, KAVA and Render Token are the other double-digit gainers within the past 24 hours.

The change improves transaction speed and aims to beef up security on the platform, Kava says.

External factors such as regulations, interest rate hikes, banking crises, and inflation have dampened investors’ interest in the crypto market, particularly impacting cryptocurrencies like Aave (AAVE) and Kava (KAVA). As a result, investors are seeking alternatives to invest in real-world assets with crypto. This gave rise to the project called Yachtify. This project will allow […]

Bitcoin SV and KAVA are the two top performers from the top 100 digital assets today.