The crypto world continues to evolve rapidly, with major players like Coinbase, Mastercard, and Nansen leading the charge in reshaping the ecosystem. Recent announcements, including Coinbase’s integration with Zetachain, Mastercard’s security enhancements through a partnership with Stellar, and Nansen’s launch of advanced analytics for Solana, are bringing more secure, faster, and efficient experiences to crypto users. These developments mark the beginning of a new era in the crypto space.
Zetachain and Coinbase Join Forces
As the crypto industry advances, Coinbase has taken a significant step by integrating the mainnet of Zetachain, the platform behind the ZETA coin, into its Base ecosystem. This move promises greater innovation and convenience for crypto users. Additionally, Coinbase Prime now offers institutional custody support for ZETA, attracting the attention of major investors. Zetachain’s integration enables seamless interactions across leading networks like Bitcoin, Ethereum, and Base, revolutionizing crypto transactions.
With Zetachain as the default network in the Base ecosystem, Coinbase is now actively participating as a validator, allowing users to stake ZETA and earn rewards. This partnership strengthens the relationship between the two companies and builds a bridge between major crypto networks, allowing users to make transactions across Bitcoin, Ethereum, and Base effortlessly.
Mastercard and Stellar Collaborate on Secure Crypto Transactions
Security and regulatory compliance have always been critical concerns in the crypto world. In response, Mastercard and Stellar have teamed up to make crypto transactions safer and more reliable. Mastercard’s Crypto Credential solution verifies interactions between users and businesses, ensuring secure and compliant transactions. It also simplifies cross-border transfers, enabling users to send crypto using just an email address.
Today at #Meridian2024 in London, we announced a new partnership with @Mastercard to integrate the company’s Crypto Credential solution with the Stellar network. https://t.co/twivBHsrpt
— Stellar (@StellarOrg) October 15, 2024
By integrating with Stellar, international money transfers become faster and more cost-efficient, a major advantage for users sending funds across borders. This collaboration initially focuses on remittances and peer-to-peer transfers. By combining Stellar’s fast transaction times and low fees with Mastercard’s secure system, users will benefit from faster and more secure crypto transactions.
Nansen and Solana: Bringing Advanced Analytics to SOL Users
For investors and crypto enthusiasts, analytics tools are essential. In this regard, blockchain analytics platform Nansen has introduced advanced tools to support the Solana ecosystem. These features allow users to monitor wallet movements, track token balances, and analyze Solana’s DeFi and NFT ecosystems in depth.
🤔Why is it so difficult to do onchain analytics for @solana?
The TL;DR according to @nansen_ai CEO @ASvanevik 👇
Solana is a high-throughput blockchain, and it has an “insane amount of data volume.”
I caught up with Nansen’s co-founder this week, who explained the two… pic.twitter.com/XSQ9ZcQkjU
— Gareth Jenkinson (@gazza_jenks) October 17, 2024
Nansen’s founder, Alex Svanevik, emphasized that adding Solana to the platform has been a long-term effort. With these new features, users can now follow the most profitable wallets and identify key accounts to optimize their investment strategies. Solana, launched in 2020 as a high-throughput, low-latency Layer-1 protocol, continues to gain attention for its speed and performance.
For more in-depth coverage on these developments, visit The Bit Journal.
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