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According to a recent update from PR Newswire, in a strategic move signaling its commitment to revolutionizing digital finance, the EOS Network has announced its rebranding to Vaulta. This transition marks the culmination of extensive development and market analysis, positioning Vaulta at the forefront of the emerging Web3 banking sector . Vaulta aims to integrate Web3 technology with traditional financial systems, creating a secure, scalable, and inclusive financial ecosystem. This integration seeks to unlock the potential of decentralized assets like Bitcoin, paving the way for a more decentralized financial landscape. Yves La Rose, Founder and CEO of the Vaulta Foundation, emphasized that this transformation represents more than just a name change—it’s a decisive step toward delivering open, accessible financial services for all: This transformation represents more than just a name change; it’s a decisive step forward in our mission to deliver open, accessible financial access for everyone. Vaulta is the product of years of planning, strategic development, and thoughtful design, culminating in a holistic Web3 banking approach. Web3 has the potential to reshape global finance, and Vaulta is at the forefront of this evolution. To bridge the gap between traditional finance and decentralized infrastructure, Vaulta is establishing the Vaulta Banking Advisory Council. This council comprises experts from both banking and Web3 sectors, including notable figures such as Lawrence Truong, CEO of Systemic Trust, and Alexander Nelson, Senior Director of Digital Finance at ATB Financial. Vaulta plans to leverage strategic partnerships with industry leaders like Ceffu, Spirit Blockchain, and Blockchain Insurance Inc. to expand its Web3 banking ecosystem. The announcement of the rebranding has garnered significant attention within the cryptocurrency community. As of March 19, 2025, EOS (now transitioning to Vaulta) is trading at approximately $0.63, with a 24-hour trading volume of around $412.26 million, positioning it as the 66th largest cryptocurrency by market capitalization. In a related update by CNF, Shiba Inu (SHIB) and the UAE Ministry of Energy have signed a historic Web3 partnership. In the context of the evolving digital finance landscape, SHIB has experienced notable market activity. As of now, SHIB is trading at approximately $0.00001259, reflecting a slight decrease of 0.79% in the past day and increase of 2.82% in the past week. See SHIB price chart below.

Stargate integrates Circle’s CCTP for $USDC transfers Cross-chain bridge Stargate $STG, built on LayerZero, announced on X that it has integrated Circle’s Cross-Chain Transfer Protocol (CCTP), enabling 1:1 native USDC transfers across Arbitrum $ARB, Ethereum $ETH, Avalanche…

The price of EOS rose 25% following news of its rebrand to Vaulta and a shift toward web3 banking. EOS ( EOS ) gained 25% to $0.61 after the network announced plans to rebrand as Vaulta to “realize the vision of web3 banking.” In a press release on Tuesday, March 18, EOS said the transition, which includes a token swap, is expected to take place by the end of May, though the timeline still remains subject to change. Yves La Rose, founder and CEO of the Vaulta Foundation, claims the shift represents “more than just a name change,” adding that Vaulta is the “product of years of planning, strategic development, and thoughtful design.” The rebrand follows a prolonged period of weak price performance for EOS, which has struggled to recover not only from its all-time high in 2018 but also from its 2021 levels, which were more than 30% lower than its peak. The transition is described as part of a broader effort to integrate blockchain with traditional financial services. According to the announcement, Vaulta will act as an operating system for web3 banking, aiming to provide scalable and decentralized financial services. The network will also introduce the Vaulta Banking Advisory Council, a group of banking experts tasked with helping to bridge traditional finance with blockchain. Meanwhile, blockchain security firm SlowMist issued a warning about address poisoning attacks on wallets holding EOS. According to the firm, bad actors are sending out 0.001 EOS to users to lure them into unknowingly interacting with fraudulent addresses. These attackers create wallet addresses that closely resemble legitimate ones, hoping users will mistakenly copy and paste the wrong address when making transactions. As part of the rebrand plans, Vaulta will integrate with exSat, a Bitcoin digital banking solution, adding that exSat’s services will “complement Vaulta’s BankingOS,” positioning BTC as a key component of its financial model. Further details, including the new token ticker and additional partnerships, are expected to be announced in the coming months.

Merlin Chain partners with BNB Chain to launch cross-chain bridge Bitcoin (BTC) layer-2 platform Merlin Chain (MERL) announced on X a partnership with BNB Chain, introducing a cross-chain bridge that allows users to transfer $MERL and $mBTC between the two ecosystems. The…

Pro XRP lawyer Bill Morgan has uncovered new details about Ripple’s On-Demand Liquidity (ODL) system. The information comes from Currenc Group’s March 6 SEC filing. The document outlines financial risks and reveals how the 2023 banking crisis impacted Tranglo’s XRP transactions. Tranglo, a key Ripple partner in Southeast Asia, faced severe liquidity challenges after the collapses of Silicon Valley Bank, Signature Bank, and Silvergate Bank. Many crypto exchanges, including two used by Tranglo, struggled to process XRP transactions. Because of this, several ODL partners stopped using XRP for a bit and switched to using regular money they had on hand. The filing explains how the failure of major U.S. banks created a liquidity shortage for crypto markets. Many exchanges relied on these banks for cash flow. When they collapsed, liquidity dried up. Two exchanges that Tranglo used—Independent Reserve and Coins.ph—could not convert XRP into local currencies fast enough. Related: Crypto Lawyer Shares His Take On Ripple’ ODL XRP Sales The disruption forced Tranglo to ask its ODL partners to pause XRP transactions. In response, nine out of eleven ODL partners switched to fiat pre-funding to keep operations running. This showed the risks of relying on crypto for quick cash, especially when traditional banking support is lost. The filing also provides insight into ODL adoption in 2024. It reveals that only seven out of Tranglo’s ninety-three active customers used ODL in the first nine months of the year. These transactions made up 4.8% of Tranglo’s remittance revenue and 3.6% of total payment transactions. While ODL remains part of Tranglo’s business, its limited adoption suggests some partners are hesitant to adopt it after past disruptions. Most have chosen to stick with fiat pre-funding instead of returning to XRP-based settlements. Morgan noted that the filing contains one of the most detailed breakdowns of Tranglo’s ODL system. Pages 82 to 85 explain how XRP facilitates cross-border transactions. A diagram in the prospectus shows the process, confirming that XRP remains integral to Tranglo’s operations. Related: XRP Price Alert: Support Test, Bearish Signals, Bullish Hopes Ripple’s ODL eliminates the need for pre-funded accounts by using XRP as a bridge currency. The system enables faster settlements and lowers costs. However, the 2023 banking crisis revealed its potential weaknesses during liquidity shortages. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.