Tether, the prominent stablecoin issuer, has recently completed its second $1 billion issuance within two months, bringing the total amount issued in 2023 to over $16 billion. The transaction occurred on June 12, utilizing the Ethereum blockchain. Paolo Ardoino, Tether’s Chief Technology Officer (CTO), took to Twitter to clarify that
June 13, 2023 2 mins read
Uniswap, the leading decentralized exchange (DEX) powered by the Ethereum blockchain, has achieved a major milestone by surpassing 250 million swaps on its platform. This significant achievement solidifies Uniswap’s position as the worldwide go-to protocol for decentralized finance (DeFi) enthusiasts. Uniswap announced this remarkable accomplishment through a tweet from its
June 10, 2023 1 min read
In a surprising twist, Ripple (XRP) stands firm above the $0.50 mark even after the Securities and Exchange Commission (SEC) took legal action against prominent exchanges Binance and Coinbase. While most alternative coins experienced a dip in value, XRP’s resilience in the face of adversity is notable. $XRP remains above
June 8, 2023 2 mins read
SushiSwap V3 has made its grand entrance on the Avalanche (AVAX) blockchain, marking a significant milestone for traders and liquidity providers. With this latest release, users can seamlessly navigate the familiar UI of SushiSwap, combined with the newfound advantages of concentrated liquidity pools. Sushi Swap V3 is live on #Avalanche
June 8, 2023 2 mins read
Today, the Stella (ALPHA) market kicked off bullish. Soon, the bulls set support levels at $0.1133 and resistance levels at $0.1443. Presently, ALPHA, Stella’s native token, trades at $0.1327. This represents a solid 13.74% increase over the last 24 hours. Bullish momentum carries on as we head further into the
June 8, 2023 2 mins read
In a recent development, the engineering team behind zkSync Era, the groundbreaking Ethereum scaling solution, has acknowledged a temporary withdrawal delay experienced by a small subset of users on their network. The delay, which lasted for up to six hours, has since been rectified. Then, all pending withdrawals have either
June 7, 2023 2 mins read
Coinbase, one of the world’s leading cryptocurrency exchanges, has declared its determination to fight the recent lawsuit. The Securities and Exchange Commission (SEC) raised a complaint in a bold move to represent the entire cryptocurrency industry. The company’s CEO, Brian Armstrong, expressed pride in taking on the legal battle. However,
June 7, 2023 3 mins read
In a testament to the unwavering dedication of its formidable investors, Metabet, the pioneering platform in the gaming and metaverse industries, continues to chart an upward trajectory, steadily inching higher every day. Despite encountering occasional selling pressure, these resolute supporters have adeptly thwarted any attempts at market manipulation, ensuring the
June 6, 2023 2 mins read
Banks grapple with integrating these digital assets into their financial systems as cryptocurrencies continue to captivate consumers, investors, and financial institutions with their decentralized nature and the promise of greater economic freedom. While the allure of lower-cost transaction processing and increased efficiency is undeniable, compliance and regulation concerns have surfaced,
June 3, 2023 2 mins read
In an audacious move this morning, China’s capital, Beijing, spotlighted its commitment to the evolution of the internet by unveiling an ambitious blueprint known as the “Web 3.0 Innovation and Development White Paper (2023)”. This seminal document, touted by a local media outlet, The Paper, points to web3 technology as
May 27, 2023 2 mins read