TON Network TVL surpasses $760M — Is this bullish for TON price?

Developer 'Ohmzeus' has launched a new protocol allowing stablecoins to swapped at fixed price of exactly one-to-one. 556 Total views 5 Total shares A developer working on DeFi darling OlympusDAO has launched a new protocol that seeks to facilitate stablecoin swaps without price curves.On Oct. 26, OlympusDAO developer “Ohmzeus” announced they had launched an experimental…

Despite central bank officials’ call for heavy monitoring, Chinese state-run news agency Xinhua is launching an NFT collection. 659 Total views 41 Total shares In an announcement made on Wednesday, China’s official Xinhua News Agency will issue its first series of nonfungible token (NFT) collectibles. The move is a thumbs up to blockchain technology previously…

According to emails seen by the WSJ, Sam Bankman-Fried’s family allegedly funneled millions from FTX to political causes, raising significant legal questions.

The total crypto market capitalization was close to $270 billion on May 8 and currently, the metric stands at $275 billion. This suggests that the crypto markets have been largely stuck in a range for about a month. Daily cryptocurrency market performance. Source: Coin360As reported by Cointelegraph, Bitcoin (BTC) miners are holding on to their newly…

From bartering to blockchain, the world of money – and the way we transfer it – has never stood still. Indeed, even the assets we prize have changed. Although it might be nice to have some vegetables in your fridge, using it as a form of currency has probably never crossed your mind.It’s easy to…

PBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins. 881 Total views 41 Total shares The rapid adoption of cryptocurrencies like Bitcoin (BTC) poses a major challenge for the traditional financial system, an executive at the Chinese central bank has warned.Wen Xinxiang, director of the payment and settlement department at the…

Adam Back believes that Bitcoin could boost its market cap by 400% in under two years. 1914 Total views 2 Total shares Bitcoin (BTC) hitting a $1 trillion market cap by 2025 is “conservative” and those levels should hit in less than two years.That was according to Blockstream CEO Adam Back, who delivered a fresh…

The founder of NeoNexus, a Solana-based NFT project, has stated the team is no longer developing the project, blaming the drop in Solana (SOL) prices for the decision.The project's founder, Jack Shi, took to the official Twitter account for NeoNexus, tweeting at 2 pm UTC on March 21 that it was no longer continuing the…

A United States Securities and Exchange Commission (SEC) filing reveals that major cryptocurrency exchange Binance received a $250,000 “long-term payment” to keep Blockstack (STX) listed for one year.Blockstack’s SEC filing reveals that Binance received 833,333 STX, which at the $0.30 token valuation provided by the company is equivalent to $250,000. The document also shows that…