Million

Change

Connext (NEXT), which describes itself as a Blockchain interoperability platform, will change its name to Everclear, according to its official statement. 
The project stated that it will develop a kind of “exchange layer” in this context. According to the statement, this exchange layer is designed to address challenges related to rebalancing and reconciliation of intentions. Functioning as its own blockchain, this layer will serve as a backend liquidity platform that facilitates order matching for intent-based bridges. 
To support the development and implementation of the clearing layer, Everclear sold $5 million of Connext (NEXT) tokens to cryptocurrency company Pantera Capital through an over-the-counter deal. 
Related News: <a href="https://en.bitcoinsistemi.com/these-altcoins-have-been-bought-and-sold-the-most-in-the-last-24-hours-on-upbit-koreas-largest-crypto-exchange/" target="_blank" rel="dofollow">These Altcoins Have Been Bought and Sold the Most in the Last 24 Hours on Upbit, Korea's Largest Crypto Exchange</a> 
The development seems to have been welcomed by the token's community. The altcoin, which is traded on Bybit, one of the major stock exchanges, has gained approximately 8% in value in the last 24 hours. 
According to its own statement, Connext hosts decentralized applications that work on all chains and can use all tokens, and claims to hold a total locked value of $ 1 billion. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/pantera-capitals-5-million-investment-altcoin-decides-to-change-its-name/">Pantera Capital’s $5 Million Investment Altcoin Decides to Change Its Name</a>

Pantera Capital’s $5 Million Investment Altcoin Decides to Change Its Name

Bitcoin Sistemi EN

Other articles published on Jun 3, 2024

BlockDAG’s Keynote 2 & X1 App Beta Launch Leads to 850% Price Surge, Surpassing Kaspa Trend and P...

OKX expands to the Netherlands with new crypto exchange and wallet

Avalanche Transactions Reaches Its 2022 Levels, Will Price Follow The Same?

Hong Kong police report a surge in counterfeit banknotes linked to crypto scams

Floki Soars 15% in 24hrs, Outshining SHIB, PEPE, and WIF

Linea pledges decentralization after halting block production to stop hacker

Join our free newsletter for daily crypto updates!