What’s Happening in Crypto Today? Daily Crypto News Digest

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Crypto market is green today

Over the past 24 hours, the global cryptocurrency market capitalization has remained unchanged at $3.48 trillion. At the time of writing, the daily crypto trading volume is $159 billion.

Among the top 10 coins per market cap, only one is red today: TRON (TRX) fell 0.8% to $0.2708. Cardano (ADA) is the day’s best performer, having increased by 3.3% to $0.7517. Dogecoin (DOGE) is close by, with a rise of 3.2%, now trading at $0.2261.

At the same time, Bitcoin (BTC) recorded a 1.9% increase to the price of $106,536, while Ethereum (ETH) rose by 2%, currently changing hands at $2,532.

As for the top 100 coins per market cap, nine have recorded price decreases. Yesterday’s best performer, Aave (AAVE), lost the most today, having appreciated 3.7% to $251.96. EOS (EOS) follows with a 3.6% fall to the price of $0.7395.

On the other hand, Dogwifhat (WIF) is the category’s highest gainer and is the only one with a double-digit increase. It appreciated 11.5% to $1.04.

Animoca Brands Invests In and Collaborates with Astar Network

Astar, a collective promoting Web3 adoption, has announced a strategic investment from the game software and venture capital company Animoca Brands. The two will work together to advance the onchain deployment of Japanese and Asian intellectual property (IP) for global Web3 adoption.

According to the press release, the partners will focus on scalable entertainment solutions. Also, Anime ID (powered by Animoca’s Moca Network and its partner San FranTokyo), among other integrations, will serve as a premier identity and reputation layer on Soneium, an Ethereum Layer-2 open blockchain developed by Sony Block Solutions Labs.

Sota Watanabe, founder of Astar Network, commented that “as one of the most active investors in the Web3 space, Animoca Brands understands the direction the ecosystem is heading.” Yat Siu, executive chairman and co-founder of Animoca Brands, added that Astar’s focus on onchain entertainment IP, particularly in Japan and Asia, “presents a unique opportunity to accelerate global Web3 adoption.”

Additionally, Astar has integrated Soneium, so this latest collaboration with Animoca Brands will also advance the Web3 entertainment industry and drive engagement on this chain as well. This includes potential initiatives around exploring the creation of a fund focused on IP and entertainment narratives. This is “a move that has caught the attention of institutional investors,” the team says.

VeChain Reveals Wanchain Bridge Integration, Becomes Interoperable with 40+ Chains

The VeChain blockchain platform has launched its first bridge via a strategic integration with the Web3 infrastructure provider Wanchain, unlocking new liquidity, utility, and use cases.

The move enables interoperability between VeChain and over 40 blockchains, including Bitcoin, Ethereum, Solana, BNB Chain, Avalanche, Polkadot, and more. Users will be able to bridge assets such as BTC, ETH, USDC, SOL, XRP, and WAN directly into the VeChain ecosystem, and bridge VeChain-native assets like VET, VTHO, and B3TR to other networks.

Furthermore, the integration provides wrapped versions of USDT and USDC natively onto VeChainThor, VeChain’s EVM-compatible Layer-1 blockchain. This further enables stablecoin liquidity for decentralized finance (DeFi), new trading pairs, liquidity pools, and lending protocols. At the same time, enterprises can settle payments in digital currencies. The team describes this as “a foundational step for tokenized commerce and global payment integration.”

Also, the Wanchain integration expands access to VeBetter, a network of social impact-focused apps that reward users for sustainable and eco-conscious actions. Users can also utilize Wanchain’s Bridge-to-Earn incentive mechanism to earn rewards for completing specific cross-chain transactions.

Nexus Enables Direct Interaction Between AI Agents and Blockchain

Lightspeed- and Pantera-backed distributed computation firm Nexus has launched its Nexus MCP Server, which enables AI agents to interact directly with blockchains. Furthermore, it announced the launch of the Verifiable Intelligence Alliance.

Per the blog post, AI systems have seen significant advancement, as has their ability to understand blockchain concepts. However, there was no standardized way for AI agents to directly interact with blockchain infrastructure, restricting its potential to analytical roles instead of enabling active participation.

Therefore, the Nexus MCP Server “lowers the barriers between AI systems and blockchain,” the team says. This will allow new AI-powered applications that can autonomously interact with DeFi protocols and execute complex financial strategies. At the same time, the team claims, the apps will benefit from “the security, transparency, and composability of blockchain technology.”

Furthermore, the team states that it launched the Verifiable Intelligence Alliance (VIA), a new initiative that brings together leaders in cryptography, AI, and economics. Together, they will coordinate research, develop open standards, and accelerate the adoption of provable, auditable, and trustworthy AI. The VIA is backed by initial funding from Nexus.

Furthermore, the alliance is “the public-facing, industry-centered counterpart” to the Nexus Verifiable AI Lab. The latter develops foundational tools and theory, while VIA acts as a multi-stakeholder alliance, researching AI cryptographic and economic foundations and coordinating across academia, industry, and infrastructure teams.

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