The stablecoins market is expected to significantly grow amid the mainstream adoption of Bitcoin and other digital assets globally. The rise of the Tether (USDT) stablecoin has been undisputed for several years. The Tether (USDT) stablecoin runs on more than 10 blockchains including Ethereum, Binance Smart Chain, Polygon, and Tron, among others. On the Ethereum network, Tether (USDT) has more than $36 billion in supply with about 4.3 million holders. The Tron network holds a vast amount of...
Read More »Bitcoin (BTC) Price Jumps Past $29,000 Soon after Fed Rate Hike
Amid the unfolding banking crisis and interest rate hikes, Bitcoin has been showing strong resilience attempting another breakout above $30,000. On Wednesday, May 3, the US Federal Reserve announced another 25 basis points rate hike taking the US funds rate to more than 5% for the first time since 2007. In hours after the Fed announced the rate hike, Bitcoin (BTC) made a quick surge of more than 2% taking the price above $29,000. This Bitcoin price surge amid the recovery in the broader...
Read More »CyberConnect Community Token Sale & Registration on CoinList Announced
The CyberConnect CYBER token initial coin offering takes place on CoinList on May 18th, three days after the registration deadline. CoinList recently announced the registration and sale of its CyberConnect Community tokens would soon be underway. In a blog post, the digital currency exchange said the sale of the user-empowering decentralized social network’s tokens begins on May 18th. The deadline for registration would be three days earlier on May 15th. Priced at $1.80 per token, the...
Read More »Polygon zkEVM Beta Launches on Mainnet, Buterin to Initiate Inaugural Transaction
According to reports, the Polygon zkEVM Mainnet Beta offers lower gas fees and could see wider adoption of Ethereum scaling technology. The Polygon zkEVM Mainnet Beta went live on Monday, March 27th, facilitating the deployment of smart contracts with increased finality and reduced costs. The release of the zero-knowledge Ethereum Virtual Machine beta to the public comes days after rival Matter Labs released its own zkEVM. One of the main attractions of the Polygon zkEVM Mainnet Beta is...
Read More »Safe Collaborates with Stripe & Gelato to Release ‘Core’ Open-source Software Stack Aimed at Enhancing Decentralized Space
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Read More »Korea’s Lotte Group Partners Multi-Chain Network Polygon on NFT Global Drive Scheme
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Read More »Huawei Cloud Launches Metaverse and Web3 Initiative to Foster Blockchain Adoption in Asian Region
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Read More »Recent SEC Crackdown on Crypto Led to $32M in Institutional Outflows
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Read More »Starbucks Sees Revenue Miss in Q1 2023 as China Outfit Slows Growth
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Read More »Web3 Hardware Startup Spatial Labs Raises $10M in Funding Backed by Jay-Z
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