Tether, the company behind the popular USDT stablecoin, has unveiled Alloy, a pioneering platform on Ethereum designed to mint a gold-backed stablecoin pegged to the U.S. dollar. aUSDT, the first Tethered asset, just launched!aUSDT is a synthetic dollar over-collateralised by XAUt (Tether Gold). Alloy by Tether is an open platform
The Governor of the USA state, Oklahoma signed a crypto bill that exempts Bitcoin miners from electricity sales tax. This bill is the state’s step toward advancing self-governance in the cryptocurrency sector. Notably, the signing has made Oklahoma the first state in the nation to advance in crypto and bitcoin
The cryptocurrency market is abuzz with excitement, sparked by a promising Ton price prediction for June, notable moves by Cardano whales, and BlockDAG’s groundbreaking advancements. The latest Ton price prediction suggests potential growth, offering substantial returns for investors. Meanwhile, Cardano whales are turning towards memecoins, showcasing their adaptability and pursuit
Recent growth spurts in Fantom and Notcoin have slowed, leading to price pullbacks. This has diverted investor attention to new projects with potential. BlockDAG, a layer-1 project, has attracted significant inflows with its stellar presale, becoming a preferred destination. Its recent keynote highlighted the technical prowess of the BlockDAG X100
The past week in the crypto market displayed a strong performance in various cryptocurrencies like BNB, Toncoin, FLOKI, and others, soaring to new all-time highs. Further, the fear and greed index indicated high greed levels, with the largest crypto, Bitcoin (BTC), averaging over $72K in trading. However, the weekend turned
The BRICS nations are moving on with their plan of currency sufficiency scheme by exploring the possibility of creating their own autonomous payment system. Amelia, a crypto aficionado, was the first to notice a research paper claiming that Russian President Vladimir Putin had declared the bloc’s alternative currency plan to
A data breach occurred at GetResponse, a third-party email management platform, according to cryptocurrency data aggregator CoinGecko. Attackers were able to access the contact details of more than 1.9 million CoinGecko users after a data breach at GetResponse occurred on June 5. This news comes after yesterday’s revelations of a
In May, the largest amount since February 2022—the total value locked (TVL) in decentralized finance (DeFi) applications—reached $192 billion, according to a report by blockchain analytics company DappRadar. There was a 21% drop in the number of distinct active wallets using DeFi, even though TVL increased. May saw a 17%
The zkSync Era’s most recent software upgrade, v24, has been released on the mainnet without a hitch. The Ethereum Layer 2 scaling solution’s security and functionality are both aimed at being enhanced by the addition of new capabilities brought about by this upgrade. One of the greatest accomplishments of the
The overall crypto market has shown signs of recovery in the past few days. Leading cryptocurrencies Bitcoin and Ethereum have witnessed a slight increase in prices. However, other altcoins are still struggling to maintain the recent bullish gains attained. In particular, Litecoin (LTC) exhibits a daily decline of 1.11% in
