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Yesterday, the Tether Treasury minted another 1 billion USDT on the Tron Network, marking the second consecutive month of substantial minting. Over the past year, Tether Treasury has minted a staggering 31 billion USDT, reflecting a continued strong demand for stablecoins in the cryptocurrency market. 7 hours ago, #TetherTreasury minted 1B $USDT on #TronNetwork again … Read more
As of July 2024, the Total Value Locked (TVL) for Real World Assets (RWA) in DeFi protocols has surged to an impressive $3.89 billion. This milestone underscores the growing integration of tangible assets into the DeFi ecosystem, effectively bridging the gap between traditional finance and decentralized finance. The market capitalization of all Real World Asset … Read more
The Ethena protocol has experienced impressive growth in 2024, particularly in the supply of its stablecoin, USDe. Beginning the year with a supply of 1.3 billion, USDe’s supply has surged to 3.5 billion by July. This remarkable increase highlights the protocol’s promise of high returns to its users. The rise in active addresses for USDe, … Read more
Despite lagging in 2023, DeFi 1.0 assets are now positioned for a significant breakout. DeFi blue chips like AAVE, Maker (MKR), and Lido (LDO) are hitting all-time high revenues even as their valuations remain low. This trend is driven by several factors, including a pro-crypto U.S. landscape, ETH institutional adoption via ETFs, a stronger focus … Read more
Bitcoin practically reclaims the short-term holder realized price, bringing with it both their breakeven point and the odds of significant BTC price upside. Go to Source
This clash of views comes as the 2024 U.S. presidential election approaches, with significant implications for the future of cryptocurrency regulation in the country. Go to Source
PRESS RELEASE. The Undeads team is thrilled to announce the first public beta for their flagship game, Undeads, a gripping battle royale experience available on Steam. Players will compete to be the last one standing, choosing to survive as either a Zombie or a Human. As a token of appreciation for their ongoing commitment and … Read more
WazirX’s Safe Multisig wallet on Ethereum was compromised, with funds moved and converted to Ether. Go to Source
Despite a 45% drop in NFT sales during Q2 2024, Web3 professionals remain optimistic about the future of non-fungible tokens. Go to Source
BlockFi clients are to note that client communications will exclusively occur via official email channels. Go to Source