Big Cap
Late on August 17, Tether announced it would cease supporting USDT on Kusama, Omni, and Bitcoin Cash due to declining user demand. According to updates released on August 17, Tether, the company behind the leading stablecoin USDT, will stop issuing USDT on three blockchains: Omni, Bitcoin Cash, and Kusama, citing
Big Cap
Late-night crypto markets on August 17 witnessed the latest price downturn affecting Bitcoin (BTC) and Binance Coin (BNB). Following nearly a month-long sideways trend between $29,000 and $30,000, Bitcoin plummeted from $28,500 to as low as $27,700 on the evening of August 17, 2023. This marked
Big Cap
During its beta testing phase, Shiba Inu's Layer-2 solution, Shibarium, garnered adoption from over 21 million wallets. Layer-2 Shibarium Advances to Mainnet, Continues to Stir Controversy Anticipated Launch of Layer-2 After months of testing with millions of users, Shibarium, designed to develop gaming and metaverse applications, has officially
Big Cap
Ripple Labs has recently taken a stance against the Securities and Exchange Commission's (SEC) appeal request from last week. Ripple's Chief Legal Officer, Stuart Alderoty, posted on Twitter (now X), stating: "We oppose the SEC's appeal request. There is no specific reason here
Big Cap
Following the Bitcoin Strategy ETF and Bitcoin Miners ETF, Valkyrie has recently submitted an application for registration of an Ethereum futures exchange-traded fund (ETF) under the name Ethereum Strategy ETF. Valkyrie files application for Ethereum ETF Futures According to documents filed with the U.S. Securities and Exchange Commission (SEC)
Big Cap
After months of development and testing involving over 400,000 user wallets on the testnet, opBNB has entered its final testing phase specifically tailored for infrastructure developers before its mainnet launch. opBNB "opens doors" to mainnet for developers The final stage of opBNB before the Public Mainnet On
DeFi
Compound has officially integrated with layer-2 network Base, using ETH and cbETH as collateral assets. Integration Details: * Lending Platform: Compound, a leading DeFi lending platform, is now available on Base, a layer-2 network developed by Coinbase. * Collateral Assets: Users can use Ethereum (ETH) and Coinbase's staked ETH (cbETH)
DeFi
On August 13, Wintermute announced a proposal to borrow YFI from Yearn Finance’s reserve fund. This proposal quickly garnered attention and sparked a debate within the DeFi community. Wintermute's Proposal Details: * Proposal: Titled "YFI Loan and CRV Plan by Wintermute," the proposal includes: * A loan
NFT & GameFi
Zynga, the renowned mobile game developer, is gearing up to launch its new Web3 game project, Sugartown. Zynga Prepares to Launch Web3 Game Sugartown Sugartown is a Web3 game that will allow players to use Ethereum tokens to access the game. To participate, players will need to stake tokens to
Big Cap
The Federal Reserve's instant payment system, FedNow, has recently integrated Dropp, a micro-payment platform operating on the Hedera network. According to the announcement, Dropp serves as an alternative payment solution, facilitating transactions of small values at affordable fees. Currently, Dropp supports payments in HBAR, USD, and USDC. Today,
Big Cap
The price volatility of the largest cryptocurrency by market cap, BTC, has tightened around $29,000, reaching its lowest levels in history over the past 30 days. Bitcoin Price Volatility Hits Record Lows According to data from The Block, BTC has exhibited notably subdued movement, with a volatility measure of
Big Cap
Binance has decided to delist the final trading pair SRM/BUSD, marking the end of an era for the once-prominent project within the Solana ecosystem. Serum, once a celebrated DEX platform, had already admitted to being "inactive" since late November 2022, leaving the community deeply nostalgic. The project