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The Binance token has toppled the stablecoin Tether to become the third-largest crypto asset by market capitalization. After starting the month of February a little under $50, the token had raced past the $250 mark on February 19. At the time of writing the token is fluctuating around its all-time high (ATH) and stood at … Read more
The RAI stablecoin will attempt to bring stability to DeFi markets with the long-term goal of becoming a stable global reserve asset not tied to any nation’s currency. Go to Source Powered by WPeMatico
Venus protocol becomes the top-ranked DeFi platform on the Binance Smart Chain as XVS price and the total value locked in the platform reach new highs. Go to Source Powered by WPeMatico
Following the Cream Iron Bank flash loan attack, preliminary findings of a probe have shown that contracts and markets still function normally. As a result, markets have now been re-enabled while the asset borrowing function has been paused. The Cream team also reveals that investigations are continuing. The Exploit After the exploit, the value of … Read more
Fireblocks and First Digital Asset Group have developed a seamless connection to Diem, allowing financial institutions to access the emerging payment network. The platform is still awaiting regulatory approval before it can launch. Go to Source Powered by WPeMatico
The price of Bitcoin broke past $49,000 to achieve a new all-time high across major exchanges. Go to Source Powered by WPeMatico
Algorand rallied to a multi-year high after the network emerged as a possible choice for central bank digital currencies and the team revealed its DeFi plans. Go to Source Powered by WPeMatico
An incentive of 100G$ will be given to registered users for new referrals, and 50G$ to new users as a ‘welcome bonus.’ Etoro, one of the world’s leading social trading platforms, has announced that it’s funding rewards for the next one million users of its Gooddollar project, following the launch of a brand new referral … Read more
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought by the New York attorney-general against Tether parent-company iFinex for fraud … Read more
Circle and the Stellar Development Foundation (SDF) announced that the second-biggest stablecoin is now available within their network. USD Coin (USDC) is accessible through five integrated wallets, and it can be tradeable on their ecosystem, said the USDC issuer. Stellar Has Been the Official Chain of USDC Since October 2020 Per the announcement, the stablecoin … Read more
