Ripple, Archax debut first tokenized money market fund on XRP Ledger
To kick things off, Ripple’s XRP Ledge will tokenize asset manager asset manager abrdn’s $4.77 billion US dollar Liquidity Fund.
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According to Travala.com CEO Juan Otero, the firm’s booking revenue increased by 75% in two weeks after partnering with Expedia. 1134 Total views 19 Total shares Cryptocurrency travel platform Travala.com saw the number of rooms booked through its platform grow sharply after a recent integration with booking giant Expedia.According to Travala.com CEO Juan Otero, the…
Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022
The growth of Circle's native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular.USDT, USDC market cap ratio hits the lowest on recordNotably, USDC's market capitalization has grown by 8.27% since May, reaching its highest level of $55.9 billion on July 2.…
Director YOLO’d $4M of Netflix budget into Dogecoin, made $27M: Report
Carl Erik Rinsch reportedly used nearly $11 million of his Netflix show’s budget to gamble with stocks and crypto and made millions on a single Dogecoin bet. 245 Total views 3 Total shares The director of Netflix’s sci-fi series Conquest reportedly used $4 million from the show’s budget to bet on Dogecoin (DOGE) and made
Five Years Later, the Ethereum DApp Ecosystem Looks Exactly as Predicted
Ethereum’s fifth anniversary from the mainnet launch is upon us, marking an important milestone in the long history of the first smart contract platform to reach significant adoption.Following the initial coin offering mania, today’s main narrative behind Ethereum is decentralized finance, an ecosystem that seeks to recreate the financial system from scratch on the blockchain.Ever…
Bitcoin stalls below $70K despite $20B ETF inflow milestone
Spot Bitcoin ETF inflows can have a delayed effect on the BTC price, which takes a couple of days to materialize, according to market analysts.
Organizations look toward multiparty computation to advance Web3
Protecting user data and private keys is crucial as Web3 advances. Yet, the number of hacks that have occurred within the Web3 space in 2022 alone has been monumental, proving that additional security measures, along with greater forms of decentralization, are still required. As this becomes obvious, a number of organizations have started leveraging multiparty computation,…
Bitcoin Price Falls Below $9K as Bears Back in Control Eyeing $8.2K
Bitcoin price (BTC) fell almost 5% on Monday morning, finding lows of $8,593, completely reversing the weekend recovery back above the $9,000 handle and below the lows of the prior week.As we have seen recently, all other major cryptos have followed suit, with Ether (ETH) managing to perform better against the U.S. dollar than its…
Indian IT giant Tech Mahindra to launch stablecoin tool for banks
Tech Mahindra wants to provide U.S. banks with a stablecoin solution after the OCC authorized federally chartered banks to use stablecoins for settlement in January. 3611 Total views 18 Total shares Indian multinational technology firm Tech Mahindra is developing a new stablecoin service targeting banks and financial institutions.The tech giant announced Monday that it has…