Solana stablecoins attain 2x market cap in January
Circle’s USDC was the most dominant stablecoin on Solana, accounting for nearly 80% of all stablecoins on the network.
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Indian police begin probe into alleged $270K cryptocurrency exchange scam
Another cryptocurrency scam in India has reportedly duped investors of hundreds of thousands of dollars. The operator of Delhi-based cryptocurrency platform Pluto Exchange is accused of duping 43 investors of more than $272,000.A local news outlet Millennium Post reported that the Economic Offence Wing of the Delhi Police has launched a probe against the operators…
Multichain $1.5B hack investigation, Shibarium eyes relaunch, Base, Optimism join hands: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi saw developers behind Base and Optimism protocols join hands to develop a revenue and governance sharing framework. The $1.5-billion Multichain hack has seen…
Cryptocurrency News From Japan: May 31 – June 6 in Review
Two exchanges saw unauthorized access issues, Japan ranked second in 24-hour Bitcoin trading volume for May globally, and more headlined news from Japan this past week. 1120 Total views 40 Total shares This week’s headlines from Japan included Coincheck updating the public on a recent data leak, a blockchain tech outfit unveiling plans for a…
Microsoft set to vote on Bitcoin, Peter Todd hiding, and more: Hodler’s Digest, Oct. 20 – 26
Microsoft shareholders are set to vote on whether it should add Bitcoin to the balance sheet, Peter Todd is hiding in fear: Hodlers Digest.
Bitcoin Price Nears $12K Again as Gold Correlation Hits Record
Bitcoin (BTC) saw fresh gains on Aug. 6 as bulls refused to rest and the price steamed toward $12,000.Cryptocurrency market daily snapshot Aug. 6. Source: Coin360BTC price recovers $1,200 crash lossesData from Coin360 and Cointelegraph Markets showed BTC/USD tackling $11,900 on Thursday, with 24-hour gains at 2.2%.With barely any let-up, Bitcoin has recovered almost all…
Software Engineering Firm EPAM Joins Blockchain in Transport Alliance
Software engineering and IT consulting services firm EPAM Systems Inc. has joined the Blockchain in Transport Alliance (BiTA) that develops blockchain practices and standards in the transportation, logistics and supply chain industry.According to a press release on Aug. 19, EPAM determined 21 real-world use cases of blockchain tech in industries such as life sciences, transportation,…
Tether Catching Up With BTC and ETH: Bloomberg
Stablecoin Tether (USDT) is gaining popularity as a payment method, with some analysts seeing it catching up with Bitcoin (BTC) and Ether (ETH).As Bloomberg reported on Oct. 25, cryptocurrency payments processor CoinPayments registered the rapid increasing of popularity of Tether — a stablecoin pegged 1:1 to a United States dollar — as a means of…
Nigeria’s central bank issues draft guidelines on eNaira CBDC project
CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC. 133 Total views 75 Total shares The Central Bank of Nigeria (CBN) has issued preliminary guidelines for its proposed eNaira digital currency.In a sensitization document sent to commercial banks in the country, the CBN outlined…