TMS Network leaves Stacks & Algorand in its wake with 900% gains


The cryptocurrency market is constantly evolving, and one network has taken the lead in this revolution: TMS Network (TMSN). With a staggering 900% gain, TMSN has left established players like Stacks (STX) and Algorand (ALGO) in its wake.  In this article, we’ll look at Stacks and Algorand...

Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High  


The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been felt across the board with the top 18 defi protocols recording losses during the past seven days, and the largest defi...

Non-Fungible Token Sales Spiked This Week Despite Crypto Market Volatility 


In the midst of a turbulent week for the crypto market, non-fungible token (NFT) sales have shown resilience, experiencing a surge of 7.74% in weekly sales, totaling $181.82 million. Data also reveals that there has been an increase of 41% in NFT buyers over the course of the week, surpassing...

Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation


Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of income resulting from cryptocurrency transactions....

Russia to Work With Digital Currencies of Other Nations


The platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of Russia said. Mechanisms for interaction with digital coins minted by the central banks of other countries are already under development, the monetary authority unveiled....

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