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USDC Sees Native Launch on Avalanche


USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...

Russia to Allow Foreign Residents to Own and Use Digital Ruble


The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization of the Russian financial sector, the regulator reiterates its concerns over the risks associated with...

Coinbase To Compress Trading Fees Amid Rising Competition


  US crypto exchange Coinbase is gearing towards a trading fees compression as part of the company’s drive towards diversifying from trading fees and towards increasingly relying on revenue from subscription services.  Trading fee compression will come down “at some point,” Emilie Choi, President...

Vitalik Buterin's 'Endgame' Roadmap Will 'Take Years to Play Out'


  Ethereum (ETH) co-founder Vitalik Buterin has discussed a "plausible roadmap" for obtaining a scalable blockchain that is adequately trustless and censorship-resistant, but noting that it will probably take years before it "plays out."... Read More: Vitalik Buterin's 'Endgame' Roadmap Will 'Take...

Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues


A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency...

Vitalik Buterin Proposes New EIP to Tackle Ethereum’s Sky-High Gas Fees


Ethereum (ETH) co-founder Vitalik Buterin has put forward a new Ethereum Improvement Proposal (EIP) that aims to tackle the network's gas fee problems by adding a limit on the total transaction calldata, which would, in turn, should reduce transaction gas cost.... Read More: Vitalik Buterin...

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