USDC trading volume soars 48% in July, driven by MiCA, market growth
The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022.
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Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block
The solo miner netted around $200,000 in rewards for validating block 841,286.

Fee Has Successfully Stabilized DAI, MakerDAO President Says
DAI stablecoin, which is pegged to the United States dollar, is now in a relatively stable position, according to the president and COO of MakerDAO, Steven Becker, in an Q&A session on May 2.The transcript of the meeting, which focused on demand and supply imbalance, appeared on Reddit. Becker discussed the efficacy of the stability…

‘Bullish rate hike’ — Why crypto spiked today in the face of bad news
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets. 727 Total views 21 Total shares Crypto markets have been pumping since the announcement of a 75 basis point interest rate hike in the United States, with experts explaining that the markets may…

Bitcoin reclaims $60K and ‘this time is different,’ says analyst
Bitcoin reclaimed the $60,000 price level for the first time in 14 days, amid a month that is typically perceived as bearish for Bitcoin.

Mike Tyson Vs. Fight to Fame: Is the Former Champion Involved in Crypto?
United States boxing legend Mike Tyson has denied a connection with the cryptocurrency project Fight to Fame, which is suspected of financial fraud. He announced it in a Twitter post on Aug. 15:“I am not involved with Fight to Fame or their countdown website, nor will I be involved with anything related to Fight to…

New Linux Malware Mines Crypto While Remaining Undetectable
Two threat analysts recently stumbled upon new Linux malware that keeps its cryptocurrency mining operations hidden.On Sept. 16, Augusto Remillano II and Jakub Urbanec revealed in a post on Trend Micro, a security intelligence blog, that they found new Linux malware. According to the analysts, this malware is particularly notable because of the way it…

Bitcoin per transaction cost goes down every four years, coincidence?
The cost per Bitcoin transaction is calculated by dividing miners' revenue by the number of transactions, thus implying an unpredictive trend. Diving deep into the thirteen-year-old Bitcoin (BTC) ecosystem makes one come across interesting patterns powered organically by investor sentiment and market conditions. With BTC’s per transaction cost coming down to $56.846 on July 14,…

DeFi Be Warned: The Short, Unhappy Life of Yam Finance
There are some decentralized finance projects that make flash loans; Yam Finance (YAM) was a DeFi project that made a flash appearance.YAM, which initially described itself as a “minimally viable monetary experiment,” launched on August 11 amid some fanfare, and in less than two days, its market value soared from zero to $57 million. But…