CoinspeakerFDUSD Trading Pairs Dominate on Binance FDUSD trading pairs have reached a new milestone just weeks before all BUSD balances will be converted to FDUSD. FDUSD Trading Pairs Dominate on Binance
Read More »Tron Unveils Plan to Integrate Bitcoin and Its Layer 2 Solutions
CoinspeakerTron Unveils Plan to Integrate Bitcoin and Its Layer 2 Solutions Tron users will be able to participate in re-staking initiatives in major Bitcoin L2 networks. Tron Unveils Plan to Integrate Bitcoin and Its Layer 2 Solutions
Read More »Polish Town Mińsk Mazowiecki Launches MinsCoin Stablecoin for Use at Local Businesses
CoinspeakerPolish Town Mińsk Mazowiecki Launches MinsCoin Stablecoin for Use at Local Businesses The launch of MinsCoin not only provides a new way for residents to interact with local whitelisted businesses and projects but could also shed light on how technology can be used to steer social interactions, economic participation, and solidarity within communities. Polish Town Mińsk Mazowiecki Launches MinsCoin Stablecoin for Use at...
Read More »USDC Wallet Growth Soars 59% Despite Headwinds: Circle
Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have significantly contributed to shrinking the overall digital asset economy in the past year. The world’s second-largest stablecoin – USDC – wasn’t immune to these forces either. The total circulating supply has declined from approximately $45 billion to about $25 billion by the conclusion of November 2023. The rise in interest rates in conventional markets elevates the opportunity...
Read More »Stablecoin Dominance Wanes as Overall Value Rises: Binance Research
The overall market value of cryptocurrencies has increased, leading to a decline in the dominance of stablecoins. Their share of the total crypto market cap has dropped from 17.3% to 7.8%. In a market characterized by a consistent rise in short-term US bond yields, approaching 5%, investors holding stablecoins face higher opportunity costs, prompting a shift of assets off-chain for many, according to the latest report by Binance Research. Centralized Stablecoins Dominate...
Read More »Insights from Davos 2024 World Economic Forum: AI, Growth, Climate
The 54th World Economic Forum in Davos gathers global leaders to discuss challenges ranging from geopolitical tensions to AI impact. Key themes include security, economic growth, AI ethics, and climate strategy. From January 15 to 19, 2024, the small Swiss alpine town of Davos will once again become the epicenter of global discussions with the celebration of the 54th edition of the World Economic Forum (WEF), under the theme “Rebuilding Trust”. With over 1,000 leading companies from...
Read More »Coinbase Pursues Africa Expansion with Yellow Card Partnership
As Coinbase has pointed out, fiat transfer fees can get as high as 3% to 6%. Through this partnership with Yellow Card, users will pay a maximum of 2% for each transaction. One of the benefits of cryptocurrency and blockchain being such barrier-breaking concepts is that people from all over the world can gain access to them. As such, projects and companies in the blockchain space often find themselves serving an international audience with all sorts of needs. Now, Coinbase, one of the...
Read More »Radiant Capital Flash Loan Attack Leads to $4.5 Million Loss
Cross-chain lending protocol Radiant Capital has suffered a hack resulting in the loss of 1,900 ETH, equivalent to approximately $4.5 million, according to blockchain security and analytics firm PeckShield Inc. Radiant Capital operates as a decentralized borrowing and lending protocol featuring cross-chain functionality built using LayerZero technology. As of the latest data from DefiLlama, the protocol has around $315 million in total value locked. Radiant Capital...
Read More »Top 10 Major Crypto Headlines in 2023 by Coinspeaker: Year of Triumphs, Scandals, and Transformations
It was a controversial year for the crypto indutrsy. Let’s have a closer look at the major crypto-related events that too place in 2023. The year 2023 has been a rollercoaster ride for the cryptocurrency ecosystem, defined by important events that have impacted the industry’s direction. From stablecoin woes to regulatory disputes, institutional acceptance, and the advent of meme coins, the crypto sector has seen a wide range of stories. Here are the top 10 major crypto headlines that have...
Read More »Merit Circle DAO Announces BEAM Investment Partnership with Framework Ventures
The partnership between Framework Ventures and Merit Circle will involve locking up BEAM tokens to receive USDC usable for investments. Gaming and metaverse-focused decentralized autonomous organization (DAO) Merit Circle has announced a partnership with San Francisco-based venture capital firm Framework Ventures. According to the announcement, Merit Circle’s collaboration with Framework will see the latter invest in Merit via BEAM tokens. After the acquisition, BEAM tokens will be sent...
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