Tether Officially Reorganizes, Announces Four Different Business Divisions
Tether, one of many largest corporations within the cryptocurrency trade, has introduced a reorganization of its enterprise operations, in search of to restructure to help...
Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation
Over the previous seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market near a complete valuation of $160 billion....
Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar
The sensible cash protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out a Bitcoin-based high-yield artificial greenback....
Solana Developers Test Congestion Fixes in Testnet, Introduce Measures to Prioritize Traffic
Anza, a collective of builders centered on the Solana blockchain, has produced a repair that goals to scale back the congestion that the community has...
USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up
The fifth-largest stablecoin within the crypto financial system by market capitalization, Ethena’s USDE, briefly indifferent from its peg on Saturday amid market declines. Data reveals...
Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin
Following criticism of Ethena’s USDE stablecoin, which introduced again reminiscences of the Terra blockchain’s Anchor protocol failure, Ethena backer Arthur Hayes launched a threat tracker...
TON Society Reveals Biometric Proof-of-Personhood Palm Scanning Program
TON Society introduced a proof-of-personhood program concentrating on Telegram customers, who can voluntarily scan their palms in alternate for advantages. The group allotted 1 million...
Stablecoin Market Expands by $4.46 Billion in 12 Days
In the final 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a present valuation of $155.86 billion. Additionally, the highest 5...
First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui
The stablecoin issuer First Digital Labs has introduced its intention to debut its dollar-pegged token FDUSD on the Sui community. This collaboration is described as...
Bitwise President Praises Tether’s Successful Business Model
Teddy Fusaro, president of Bitwise, one of many crypto index fund managers, has praised the enterprise mannequin of Tether, the corporate behind the most important...