Memecoin mania sees Cardano knocked out of the top 10 crypto rankings
Two memecoins, Dogecoin, with a market cap of $23.8 billion, and new entrant Shiba Inu are currently in the top 10 crypto rankings.
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DeFi Leader MarkerDAO Partners With Simplex to Create a Dai Fiat On-Ramp
Major decentralized finance (DeFi) player MakerDAO (MKR) partnered with payment processor Simplex to create a fiat on-ramp for its Dai (DAI) decentralized stablecoin.According to an announcement on Mar. 3, the partnership makes it possible to buy Dai with the credit and debit cards of Simplex’s partner firms. Maker’s business development representative in Europe, Gustav Arentoft,…

Terra injects 450M UST into Anchor reserve days before protocol depletion
The move is designed to maintain the stablecoin savings protocol's lucrative yield of approximately 20% per annum. 165 Total views 11 Total shares In a tweet published early Friday, Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST…

Polygon co-founder – $1B bet on ZK-rollups paying off
Polygon has allocated an estimated $1 billion on zero-knowledge technology underpinning its Ethereum scaling layer 2 solutions. Polygon co-founder Sandeep Nailwal believes the layer 2 blockchain firm is reaping the benefits of allocating $1 billion to develop zero-knowledge proof (ZK-proof) powered scaling solutions for the Ethereum ecosystem.Speaking at a keynote address during the latest edition

Ross Ulbricht's odds of being pardoned by Trump rise to 79% on Kalshi
"Immense gratitude to everyone who voted for President Trump on my behalf," the Silk Road founder wrote in a November 2024 X post.

Altcoins soar after Bitcoin price bounces off a key moving average
The cryptocurrency market got off to a slow start on Aug. 19 after stimulus tapering talks from the U.S. Federal Reserve put pressure on global financial markets, but momentum within the crypto market picked up in the afternoon session as Bitcoin (BTC) bulls finally managed to break above the $46,000 level. While most altcoins were slow…

US dollar squeeze and $19K BTC: 5 Things to watch in Bitcoin this week
Bitcoin (BTC) starts another week at near historic highs as the U.S. dollar continues to drop — what’s next?With investors seeking safe havens and Bitcoin already seeing a demand squeeze, Cointelegraph covers the factors that could further shape price action this week. DXY descends to familiar lowsNews from the U.S. that mass vaccination against the…

Baseline Integrates Microsoft and Google Spreadsheets Using Ethereum Mainnet
The Baseline protocol has released integrations for Google Sheets and Microsoft 365, allowing multiple entities to privately verify that their databases share the same records. 2418 Total views 96 Total shares The Baseline Protocol has launched integrations for Google Sheets and Microsoft Dynamics 365.The new function allows for the maintenance of verifiably consistent records using…

Chinese crypto ban poses no threat to local industry media, sources say
Chinese crypto media are reportedly keeping a low profile on their websites and are focusing on growing communities on Twitter and Telegram. 321 Total views 26 Total shares While some major Chinese cryptocurrency-related publications seem to be shutting down, a number of local news agencies continue running by moving to social media like Twitter.China’s most…