Stablecoin transfer volume increased 16x during past 4 years

Although Aave was launched in the beginning of 2020, it has experienced significant growth in total deposits and daily deposits since the summer of 2020. Overall, Aave has totalled over $45 billion in deposits, with 2021 seeing the protocol average $231 million in deposits per day. More than 46,000 unique Ethereum users have become lenders…

"A Federal Reserve operational error resulted in disruption of service in several business lines," said Jim Strader from the Richmond Fed. 3116 Total views 44 Total shares All of the services available through the Federal Reserve's online portal have been down for more than an hour.According to the Federal Reserve Bank Services' website, the bank is…

Hong Kong-based AI startup SenseTime partnered with PBoC’s digital currency research unit to continue the development of the digital yuan. 1192 Total views 32 Total shares As China is moving forward with blockchain projects amid the COVID-19 crisis, the government has tapped another tech partnership to continue the development of China’s digital yuan.Domestic artificial intelligence…

Greg Oakford, a co-founder of NFT Fest Australia, guides you through the Web3 digital art world from a collector’s perspective.  Turning concert merchandise and memories digital  Snoop Dogg’s recent announcement of the Snoop Passport — an evolving concert tour collectible — is a trend I believe we’ll see get more and more traction among musicians…

Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.

The central bank digital currency project will test cross-border settlement between French and Swiss fiat currencies. 654 Total views 1 Total shares The Bank of France and the Swiss National Bank are teaming up with the Bank for International Settlements’ Innovation Hub to test a wholesale central bank digital currency (CBDC) system dubbed “Project Jura.”According…

Bitcoin derivatives witnessed a major expiry event with a notional value of over $1 billion. Today, $272 million of Bitcoin futures expired on the Chicago Mercantile Exchange, while over 65,000 Bitcoin options contracts expired across Deribit, CME and OKEx, having a notional value of over $740 million.Usually, major expiry events bring about a considerable change…

Satoshi Nakamoto years ago envisioned an ecosystem that would be independent of the centralized financial system that dominates the global economy today. His creation sparked a global community of enthusiasts and an entire industry surrounding blockchain — the solution enabling individuals to turn their money away from centralized legacy institutions and toward transacting on a…

The Japan Security Token Offering Association announced on April 20 it had issued new guidelines to protect clients’ assets and privacy. 383 Total views 15 Total shares The Japan Security Token Offering Association (JSTOA) has just released self-regulatory guidelines on how to separate customer assets and electronic record transfer rights.Available on the JSTOA website on…