El Salvador was the first nation to recognize Bitcoin (BTC) as legal cash, and this year the country’s bonds have seen gains of 60%, second only to Bitcoin’s 80%. The unexpected interest in the country’s national debt indicates a dramatic change in outlook towards the economy. A year ago, El
According to a recent analysis, the total value of all stablecoins has dropped for the sixteenth month in a row, to almost a level not seen since August of 2021. According to research published on July 20 by CCData, a cryptocurrency analytics platform, the stablecoin market worth dropped by 0.82%
LTCUSDT, the Litecoin to Tether trading pair, has experienced a notable journey in recent times. After showcasing impressive performance with a remarkable 750% return from January 2020 to April 2021, the cryptocurrency faced a significant hurdle in surpassing its recent high of $413. This resulted in a bearish trend lasting
LTCUSDT, the Litecoin to Tether trading pair, has experienced a notable journey in recent times. After showcasing impressive performance with a remarkable 750% return from January 2020 to April 2021, the cryptocurrency faced a significant hurdle in surpassing its recent high of $413. This resulted in a bearish trend lasting
Telegram introduced Wallet Pay on Thursday, enabling merchants to accept cryptocurrency payments directly via the messaging app. This latest innovation has garnered great attention from market analysts as it simplifies crypto payments within chats by bots. ⚡️ Introducing Wallet Pay: Fast & easy crypto payments for goods and services in
It’s been almost two years since the London hard fork, which saw the deployment of EIP 1559. As a result of this major update, the base fee component of a transaction fee on the Ethereum network is being consumed constantly, 24 hours a day. Statistics show that after the London
The popular Aave DAO platform has successfully launched its own decentralized stablecoin, GHO, on the Ethereum mainnet. Minting the stablecoin with a wide variety of collateral assets kept inside the Aave Protocol is part of its effort to improve user visibility. By including such an asset, Aave hopes to provide
The effects of 2022’s events continue to hang heavy over the crypto market. While the value of several cryptocurrencies has increased since the beginning of the year, many cryptocurrency businesses continue to struggle. Consequently, layoffs are still commonplace. Circle, the leading stablecoin issuer, has laid off employees. As a result,
Georgetown, Cayman Islands, July 12th, 2023, Chainwire Kava, a Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos has launched the Kava 14 upgrade. This upgrade deploys ‘internal bridge’ technology to seamlessly convert native Cosmos assets to and from Ethereum’s ERC20 token standard.
According to Chainalysis, a blockchain security and analytics company, the exploit of the cross-chain bridge technology Multichain that cost millions of dollars may have been an internal rug pull. The firm stated: “On July 6, 2023, cross-chain bridge protocol Multichain experienced unusually large, unauthorized withdrawals in what appears to be
