Stablecoin market cap hits new all-time high amid 11 months of growth
The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 billion, its highest point in history.
Related Posts
ConsenSys: BTC Tokenization and Yield Farming Drives DeFi Growth
The growing tokenization of Bitcoin and the emergence of yield farming has propelled the growth of the decentralized finance sector over the past three months according to ConsenSys.The second quarter report into Ethereum-based DeFi emphasizes the significance of the total number of tokenized BTC overtaking the sum of BTC on Bitcoin’s own layer 2 scaling…
Texas-Based Data Center CyrusOne Hit by Ransomware Attack
Texas-based data center provider CyrusOne has reportedly fallen victim to an attack from REvil (Sodinokibi) ransomware, business tech-focused publication ZDNet reported on Dec. 5.One of the largest data centers in the United States, CyrusOne has reportedly been exposed to an attack by a variant of the REvil (Sodinokibi) ransomware, which previously hit a number of…
Alex Mashinsky to plead guilty to two charges in plea deal
US authorities charged the former Celsius CEO with seven felony counts related to fraud and misleading users after reaching a “non-prosecution agreement” with the company in 2023.
As DeFi booms, Ethereum’s blockchain competitors are catching up
Ethereum is not the only blockchain platform seeing a significant increase in value as the decentralized finance space continues to move in tandem with the booming cryptocurrency ecosystem. The new year has continued to be good to the DeFi space, evident in the sheer amount of value that has been injected into various platforms.The value…
DeFi market stages a comeback as derivatives surge
Onchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition.
5 talent marketplaces to hire developers
Businesses across industries rely on competent developers to construct and maintain their technology infrastructure in today’s fast-paced digital landscape. However, finding and recruiting the best developers can be difficult. The role of talent marketplaces is to provide platforms that link companies with a pool of qualified developers. This article will look at five well-known talent…
Here’s how Thai Stock Exchange plans to connect crypto with its digital asset platform
The SET announced its digital asset exchange early last year, originally planning to avoid cryptocurrencies. 165 Total views 3 Total shares The Stock Exchange of Thailand (SET) is looking at launching a new digital asset exchange integrated with the cryptocurrency market, according to president Pakorn Peetathawatchai.The SET is expecting to launch its own digital asset…
Why is the crypto market down today?
The cryptocurrency market’s growing correlation with the Nasdaq 100 hinders bullish prospects as the month draws to a close.