Search results for INJ
Crypto
Cardano tests two-way ADA, INJ transfer with Injective in first step toward broader interoperability
Cardano has launched its first live on-chain inter-blockchain communication (IBC) connection with layer-1 blockchain Injective on a testnet, enabling users to send ADA to Injective and move INJ back to Cardano. The Cardano Foundation and Injective called it the start of a new era of interoperability but said it remains experimental. The setup supports only Cardano Preprod and the Injective testnet using valueless test tokens.
Crypto
Which altcoins will lead in June? Claude picks three \'promising\' coins
Bitcoin briefly fell below $73,000 on May 28, dragging major altcoins lower. Market liquidations grew as ETF outflows and geopolitical tensions combined, BeInCrypto reported. Against that backdrop, Anthropic’s AI chatbot Claude selected Near Protocol, Injective and Worldcoin as altcoins to watch in June. The report said the three share a medium-term uptrend with a short-term pullback, but differ in structure, with supply dynamics a key risk for Worldcoin.
Crypto
VanEck launches first U.S. spot BNB ETF VBNB
Asset manager VanEck has launched the first U.S. spot exchange-traded fund linked to Binance Coin (BNB). The ETF, ticker VBNB, allows U.S. investors to gain exposure to BNB through traditional brokerage accounts in an exchange-traded product structure. VanEck said the physically backed fund holds BNB kept in cold storage by a qualified custodian and is designed to track the spot price, with potential staking subject to regulatory and legal requirements.
