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PYUSD’s Modest Footprint: A Tale of Languid Activity Amidst Stablecoin Titans
30.8.2023
Following Paypal’s declaration about the introduction of a fresh stablecoin, the smart contract address has revealed that the quantity of PYUSD stood at approximately 26.9 million. In the subsequent 22 days, the supply of PYUSD has risen by over 60%, now totaling 43.3 million....
SingularityNET X Vechain: Drives Blockchain growth & innovation
29.8.2023
SingularityNET is of the firm opinion that the power of AGI can be unleashed when it is linked with the decentralized blockchain technology. Therefore, the company has forged a meaningful collaboration with Vechain for the linking of Artificial Intelligence with blockchain technology. This is...
Crypto Industry Positioned for Growth After Market Turbulence, Says Circle CEO Jeremy Allaire
28.8.2023
Despite a challenging year for the sector, Circle CEO Jeremy Allaire remains optimistic about the potential for growth and transformation in digital assets over the coming years – including on the regulatory front.
During a newly published interview with Fortune, Allaire drew parallels between...
'Breakthrough growth' will be driven by Web3: HK financial secretary
28.8.2023
Paul Chan says that blockchain and Web3 tech will be responsible for the next big wave of growth in Hong Kong’s digital tech sector
OnlyFans’ parent company bought $20M of Ethereum as revenue surged
28.8.2023
Fenix International, the parent company of OnlyFans purchased the cryptocurrency between 2021 and 2022
Powell: More Rate Hikes May Be Needed to Curb Inflation
25.8.2023
The chairman of the U.S. Federal Reserve, Jerome Powell, warned on Friday that inflation remains too high and signaled the central bank may continue raising interest rates to get it under control. In remarks at the Jackson Hole symposium, Powell acknowledged recent progress in lowering inflation...
Base Commits to Decentralization, Collective Growth of The Optimism Collective’s L2 Ecosystem
24.8.2023
The US’s largest cryptocurrency exchange and the largest publicly traded crypto company in the world Coinbase just released a blog post emphasizing its commitment to respecting the principles of decentralization relating to its newly launched layer-2 Ethereum scaling protocol Base.
Base,...
Monero & OKB holders look for alternatives: Analysts recommend Pomerdoge for high growth
22.8.2023
The constant rise and fall, leading to rapid changes, makes the crypto industry infamous for its volatile nature. Monero (XMR) and OKB, despite their latest partnerships, are two coins that have witnessed bearish sentiments lately. As a result of this decline, investors are now seeking alternative...
Ethereum Layer-2 Arbitrum Sustains Growth and User Influx Following ARB Airdrop, Total Assets Reach $5.77 Billion: Report
20.8.2023
Per Nansen's Arbitrum Quarterly Report for Q2 2023, the Arbitrum (ARB) airdrop on March 23, 2023, led to a peak in users and transactions. Following the ARB airdrop, daily transactions and user numbers have consistently exceeded the chain's past averages.
Arbitrum, an Ethereum rollup hosting asset...
Turbulence in Shibarium’s Debut: $1.7M ETH Stuck and a Crypto Whale Shifts the Tide
17.8.2023
On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst...
Shiba Inu Developers Launch Shibarium, Ushering In New Era of Growth for SHIB Ecosystem
16.8.2023
Shiba Inu developers have launched their highly anticipated, purpose-built Ethereum layer-2 scaling solution Shibarium, ushering in a new era of growth for one of the crypto industry’s largest decentralized communities.
The launch announcement was made at the Blockchain Futurist Conference/ETH...
Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth
16.8.2023
The much-awaited Shibarium network saw over 21 million wallets created during its testnet phase and is expected to position Shiba Inu as a serious DeFi contender
Hedera’s tech breakthroughs: Pomerdoge leading the market with bullish growth
16.8.2023
Hedera’s technical indicators hint at a bullish trend and pullback rally for the next few months. However, it could depend on social engagement levels. In other news, Pomerdoge is pushing through to reach the top by gaining top-level investors and recording a price rise. Summary...
Bitcoin Price Prediction: Europe's ETF Launch, BlackRock's SEC Decision & Depot's Growth
16.8.2023
In a dynamic period for Bitcoin, the renowned cryptocurrency has seen its value slightly diminish, trading at $29,231—a 0.50% decrease as of Wednesday.
Adding to the ever-evolving landscape, Europe has made headlines by launching the very first Bitcoin ETF.
At the same time, speculations swirl...
Crypto Crashes and Climate Chaos: FDIC Highlights Key Banking Risks in 2023
15.8.2023
The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry. FDIC: Cryptos and Climate Top Risk List for Banks in 2023 Cryptocurrencies present “novel and complex risks” that are difficult...
Which coin has the bite for long-term growth? Aave, Quant, or Pomerdoge!
15.8.2023
Investors and traders are consistently looking for projects that can showcase a high level of consistency. This means that instead of just spiking once and dipping indefinitely, they can continually maintain their upward momentum. Three such altcoins, Aave (AAVE), Quant (QNT), and Pomredoge (POMD)...
DeFi Value Locked Reaches Nearly $42 Billion as Token Market Experiences Significant Growth – Here's the Latest
14.8.2023
The total value locked (TVL) across DeFi projects has experienced a resurgence after teetering below the $40 billion mark last week.
According to data from DeFi TVL aggregator DefiLlama, the DeFi market cap is currently valued at over $41 billion, with approximately $1.6 billion in trading volume...
NFT Sales Jump 6.59%: A Week of Growth, Dominance of Ethereum, and Record-Breaking Collections
12.8.2023
In the past seven days, the non-fungible token (NFT) market has seen a slight rise, recording sales of $106.87 million — an increase of 6.59% from the previous week. Ethereum-based NFTs made a significant contribution, accounting for 56.35% of the total weekly sales, or roughly $60.23...
Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space
11.8.2023
Base, the Ethereum layer two (L2) scaling solution supported by Coinbase, has experienced over $175 million funneled into its decentralized finance (defi) protocol since its creation. The majority of value locked comprises 75,244 ether and nearly $26 million worth of the USDC stablecoin....
The secret behind the rapid growth of Bitcoin Spark & Ethereum
11.8.2023
In the ever-changing crypto world, two prominent players always surface during rapid growth discussions. Bitcoin Spark’s and Ethereum’s rapid growth and innovative approaches have intrigued investors and enthusiasts, raising questions about the factors propelling their success....