NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours
The Blur non-fungible token (NFT) market launched its native token this week, and customers who have been awarded token allotments obtained “care packages.” Blur tokens...
Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments
While the stablecoin market has seen vital redemptions up to now three months, the provision of tether, the biggest stablecoin by market capitalization, has elevated...
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
Before Paxos printed a press launch at 6 a.m. Eastern time Monday, the stablecoin BUSD had roughly 16.16 billion tokens in circulation. In the previous...
Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD
According to a report revealed on Feb. 12, 2023, the New York-based monetary establishment and expertise firm, Paxos, has acquired a Wells Notice from the...
Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days
It seems that the circulation of the stablecoin usd coin has decreased whereas tether’s has grown, as the most recent statistics paint a contrasting image....
Privacy Coin Interest Stays Tepid as Leading Coins Report Modest Gains in 2023
Over the previous 90 days, the highest privateness cash by market capitalization have seen a rise of simply over $2 billion, rising from $4.65 billion...
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High
The meme coin financial system has grown considerably over the previous 27 days, rising 34.52% in opposition to the U.S. greenback. The largest meme coin...
Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn
Protocol Labs CEO Juan Benet printed a weblog put up on Friday asserting that 21% of the corporate’s workers will likely be laid off. Protocol...
Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse
The sensible contract token economic system rose 5.6% towards the U.S. greenback on Thursday, reaching $332 billion. Additionally, the worth locked in decentralized finance (defi)...
Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High
On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time excessive after which misplaced 20% of its worth over the subsequent 5 days....