Ripple begins testing RLUSD stablecoin on mainnet
Ripple believes the total stablecoin market will have swollen to $2 trillion by 2028 as demand for the low-volatility fiat-pegged tokens grows.
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A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction
After an impressive 73% rally between July 13 and Aug. 13, Avalanche (AVAX) has faced a 16% rejection from the $30.30 resistance level. Some analysts will try to pin the correction as a "technical adjustment," but the network’s deposits and decentralized applications reflect worsening conditions.Avalanche (AVAX) index, USD. Source: TradingViewTo date, Avalanche remains 83% below…
Almost 5 New Cryptocurrency ATMs Installed Worldwide Each Day, Data Shows
The number of crypto automated teller machines (ATMs) installed worldwide has surged past the 4,000 mark, data from industry statistics aggregator Coin ATM Radar indicates on Jan. 10.The current rate of growth is 4.9 new ATMs installed each day, according to Coin ATM Radar’s gauge scale — tipping into the highest speed class, despite persistently…
Where are the best APYs for stablecoins? | Find out now on The Market Report!
“The Market Report” with Cointelegraph is live right now! 811 Total views 19 Total shares In this week’s episode of “The Market Report,” Cointelegraph’s resident experts showcase where to find some of the best stablecoin yields in decentralized finance, or DeFi.But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets.…
US regulators shut down Signature Bank despite ‘no insolvency’: Report
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Solana Foundation warns about security incident with Mailchimp
According to an email sent to users, an unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance. 275 Total views 1 Total shares Own this piece of history Collect this article as an NFTSolana Foundation, the non-profit organization of the Solana Network, disclosed on Jan. 14 a security incident involving…
Indian Car Manufacturer Tata Motors Calls for Automotive Blockchain Tech
Indian automobile manufacturer Tata Motors wants to integrate blockchain solutions into its internal processes as part of a newly launched program for startups.As Business Insider India reported on Sept. 18, Tata Motors has rolled out a program for startups dubbed “Tata Motors AutoMobility Collaboration Network 2.0,” through which it intends to develop a range of…
Multichain DApp protocol Astar raises $22M in latest round led by Polychain
Funds will be used for hiring industry-leading engineers to implement both EVM and WASM and to invest and nurture Astar native ecosystem projects. 248 Total views 41 Total shares Astar, a multichain DApp protocol formerly known as Plasm, has raised $22 million in its latest strategic fundraise.The funding round was led by Polychain and saw…
Report: India Considers Complete Ban on Digital Currencies
A draft bill that would outright ban cryptocurrency is reportedly circulating among various departments of the Indian government, local media outlet The Economic Times reported on April 25.An official familiar with the matter reportedly told the Economic Times that the government has begun inter-ministerial consultations on the “Banning of Cryptocurrencies and Regulation of Official Digital…