Binance Announces Delisting of Six Altcoins, Causing Sharp Price Drops
TL;DR Binance will delist six altcoins (CVP, EPX, FOR, LOOM, REEF, VGX) on August 26, 2024, causing their prices to drop significantly. Affected trading pairs...
Tag : Stablecoin
BVNK’s Layer1: Streamlining Self-Custody Digital Asset Payments for Businesses
by jose
TL;DR Innovative Payment Solution: Layer1 by BVNK is a self-custody digital asset payment infrastructure designed to simplify stablecoin transactions for businesses, enabling easy integration and...
USDe Grows Rapidly and Seeks to Contest Leadership in the Stablecoin Market
TL;DR Ethena Labs’ USDe stablecoin has reached a $3 billion supply in just four months, thanks to its innovative arbitrage mechanics and yield-generating trading. Since...
Coinbase Launches $15 Million Advertising Blitz During NBA Playoffs
TL;DR Coinbase launches an advertising campaign during the NBA playoffs with a $15 million investment. The commercials use the pizza analogy to illustrate the inefficiencies...
The Impact of Tether’s Recent Minting Activities
by jose
TL;DR Tether’s $1 Billion USDT Minting: Tether recently minted an additional $1 billion in USDT amidst a downturn in the cryptocurrency market, raising doubts about the...
Bitcoin and Stablecoins: The Innovative Project by Umoja and Merlin Chain
TL;DR Umoja and Merlin Chain join forces to launch USDb, a new stablecoin backed by Bitcoin. USDb stands out for its backing in tokenized trading...
Tether Takes Action Against Illicit Use of Digital Assets
by jose
TL;DR Tether’s Blacklisting Operation: Tether has blacklisted several wallet addresses, cumulatively holding $21.2 million in USDT, as part of its ongoing efforts to combat the...
Reaching the Peak: Stablecoins Market at $142 Billion
by Fernando
TL;DR Stablecoin market capitalization reaches $142 billion, its highest since 2022. Tether (USDT) and USD Coin (USDC) lead the rise, with USDT reaching $98 billion....
Hoskinson on Cardano’s Rise, Stablecoins, and the Taylor Swift of Blockchain
by jose
TL;DR Charles Hoskinson, co-founder of Cardano, likens the trajectory of his blockchain network to Taylor Swift’s rise to fame. He attributes Cardano’s success to innovative...
M^0 Labs Launches Crypto Dollars Backed by U.S. Treasuries on Ethereum
by jose
TL;DR M^0 is a new protocol that allows institutions to issue stablecoins backed by U.S. Treasuries on Ethereum. M^0 tokens are more stable, scalable, interoperable, and...
