Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
According to statistics, the liquid staking platform Lido accounted for 7.45% of the whole worth locked in decentralized finance (DeFi) a yr in the past...
Stablecoin Economy Shrinks by $7.3 Billion in 2023, USDC and BUSD Record Mass Redemptions
From the start of this 12 months, the crypto economic system has surged by 41.77%, reaching a present market capitalization of $1.17 trillion. However, amidst...
DAO Treasuries Surge: From $8.8B to $21.5B in 90 Days, Marking a 144% Increase
According to archived information, 4,833 decentralized autonomous group (DAO) treasuries held $10.8 billion on April 15, 2022. Over the course of 309 days, by February...
Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin
Tether, the stablecoin enterprise, has revealed its intention to dedicate 15% of its income to bitcoin. The agency’s announcement comes on the heels of Tether’s...
Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy
Over the previous 4 days, there was a surge in Ordinal inscriptions, and consequently, the BRC20 token financial system has skilled vital development with over...
Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions
Despite a number of U.S. dollar-pegged digital tokens experiencing notable redemptions in latest months, the biggest stablecoin by market valuation, tether, is on the verge...
Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says
Consumers within the euro space have sharply raised their expectations about inflation within the coming months, the European Central Bank revealed. Survey information exhibiting this...
Digital Assets for 1 Billion Rubles Issued in Russia in a Month
Platforms approved by the Russian authorities issued digital property value round a billion rubles in April, the native press reported. The spike within the quantity...
No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again
Bank of Russia determined to keep up the rate of interest at 7.5% amid average inflation, estimated at 2.5% on an annual foundation in April,...
Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction
Since January 2023, the variety of tether stablecoins in circulation has grown from 66 billion to the present 80.9 billion, representing progress of greater than...