USDC hits $56.3B market cap, regains losses from bear market

The bill would limit the Fed from issuing a CBDC which Tom Emmer called a surveillance tool that would "undermine the American way of life." 113 Total views 2 Total shares Legislation aimed at preventing “unelected bureaucrats in Washington” from issuing a central bank digital currency (CBDC) has been reintroduced by Representative Tom Emmer.On Sep.

CoinGecko has acquired the NFT data infrastructure platform Zash as the firm remains bullish about the NFT market. The terms of the deal have not been disclosed. 322 Total views 3 Total shares Major cryptocurrency tracking website CoinGecko is scaling its data offering by acquiring the nonfungible token (NFT) data infrastructure platform Zash.CoinGecko plans to

Developers are switching their efforts to DeFi as it takes a larger slice of the crypto market. 1594 Total views 9 Total shares Software engineers and developers are slowly switching their attention from layer-one blockchains once dubbed ‘Ethereum killers’ to the ever-increasing number of new decentralized finance protocols.A February Blockchain Development Trends report by venture…

The world embraced artificial Intelligence (AI), hoping to see it transform complex and day-to-day processes. While generative AI models won millions of users, discussions around the transformative potential of AI in all walks of life became mainstream. Today, AI is being tested across all business verticals as entrepreneurs challenge the status quo, streamlining and automating processes

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The Shark Tank star said all unregulated exchanges are seeing “massive outflows” right now, and rightly so. 376 Total views 4 Total shares Own this piece of history Collect this article as an NFTUnregulated crypto exchanges will continue to fall like dominoes post-FTX, with plenty more “meltdowns” to come, warns Shark Tank star and investor…

Ethereum (ETH) and decentralized finance (DeFi) are undergoing a seismic shift as the transition to Eth2 and a proof-of-stake consensus mechanism is helping to increase the value proposition for the network which has historically has been plagued with scaling issues and high transaction costs. Alongside this transition has been the introduction of liquid staking, which is…

The burgeoning popularity of nonfungible tokens (NFTs) has led to issues like exorbitant transaction fees and congestion in the prevalent Ethereum-based ecosystem. The fee factor serves as a major deterrent to anyone wanting to execute transactions on the blockchain.A report published by Reuters revealed that the NFT sales volume was $24.9 billion in 2021, considerably…

Bitcoin (BTC) ultimately stands to go parabolic after the coronavirus ends, the author of the world’s bestselling personal finance book says.In a tweet on April 15, Robert Kiyosaki, who penned “Rich Dad Poor Dad,” argued that the coronavirus pandemic was “great” for Bitcoin.Kiyosaki: BTC among “best investments”The largest cryptocurrency, which has broadly stabilized since crashing…