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Tether has decided to reorganize its company into four specialized divisions, in an effort to develop a range of new decentralized infrastructure solutions. Tether restructures company into 4 new divisions. Photo: VOI On the evening of April 18th, Tether, the issuer of the USDT stablecoin, announced the launch of four
DeFi
According to a report by CryptoQuant, Ethena must maintain a stable amount of Ethereum reserves to "survive" during periods of negative funding rates. Users holding USDe should also exercise caution. CryptoQuant Warns USDe Holders to Monitor ETH Reserves to Mitigate Risks The stablecoin issuance project Ethena continues to
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Worldcoin recently announced a new Layer-2 solution named World Chain, built on the OP Stack toolkit. This solution aims to address user identification challenges in the blockchain space. Worldcoin Builds Layer-2 World Chain on OP Stack The Worldcoin homepage has introduced the new solution, World Chain, designed to provide benefits
NFT & GameFi
The famous NFT collection Bored Ape Yacht Club (BAYC) saw its floor price plummet to a record low not seen since August 2021. Specifically, the floor price of the Bored Ape Yacht Club (BAYC) NFT collection dropped to as low as 10 ETH early on April 16. This marks a
NFT & GameFi
PayPal silently revised its policy regarding transaction protection for NFTs, effective from May 20, 2024. According to the new policy, PayPal will limit its buyer protection for NFT transactions. This change was not widely announced but was found in a low-profile update to the company's terms of service.
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According to Bloomberg analysts, the approval of cryptocurrency-related investment products in Hong Kong marks a positive development, yet remains modest compared to the US ETF market. Analysts "dampen" excitement over ETF spot wave in Hong Kong. Image: CryptoSlate As reported by Coin68 yesterday afternoon (15/04), Hong Kong
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OKX exchange has officially launched the mainnet for its dedicated layer-2 solution named "X Layer," following over a year since the initial announcement. OKX launches mainnet for its own layer-2 "X Layer". Image: X Layer Website Since last year, OKX has disclosed its intention to develop
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Offchain Labs, the development unit behind Arbitrum, has recently announced the deployment of a new solution named BOLD aimed at reducing transaction verification latency and enhancing security measures. Arbitrum deploys new BOLD verification mechanism on testnet BOLD stands for Bounded Liquidity Delay, a new verification mechanism developed by Offchain Labs
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Franklin Templeton investment firm believes Runes has the potential to expand the Bitcoin ecosystem, thereby catching up with the market-leading ecosystems of Ethereum and Solana. Franklin Templeton: Runes Protocol to Help Bitcoin Catch Up with Ethereum and Solana. Image: CCN Runes Protocol is a protocol for issuing fungible tokens on
NFT & GameFi
On April 15, 2024, the renowned move-to-earn project STEPN announced a partnership with the giant footwear and sportswear brand Adidas. The year-long collaboration promises to kick off with a collection of 1,000 NFTs titled "STEPN x Adidas Genesis Sneakers," inspired by Adidas' most iconic running shoes.
Big Cap
The first two weeks of April have seen Ethereum on-chain liquidations in lending protocols surpassing $130 million, marking the highest level since June 2022. Despite a mild recovery in cryptocurrency prices following a significant sell-off yesterday, the total value of Ethereum on-chain loans liquidated has exceeded $130 million—its highest
Big Cap
At the beginning of this week on April 15, Hong Kong officially gave the green light to four applications for Bitcoin and Ethereum spot ETFs. Hong Kong approves a series of Bitcoin and Ethereum spot ETFs Early afternoon on April 15, 2024, Wu Blockchain quoted announcements from relevant parties stating
