New ‘Pepe the Frog’ Crypto Token Becomes Sixth Largest Meme Coin by Market Cap
A brand new token named after Pepe the Frog, the notorious meme, and cartoon character created by Matt Furie, has entered the meme coin financial...
With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
Statistics recorded on April 15, 2023, present that the variety of cash in circulation for the stablecoin BUSD dropped beneath the 7 billion vary to...
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
According to statistics, on March 26, the stablecoin financial system was valued at $135 billion, with the highest stablecoins representing $31.8 billion or 75% of...
Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop
Following the Arbitrum token airdrop, ARB has change into a high 40 cryptocurrency because it at the moment holds the thirty seventh largest market valuation...
Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%
On Thursday, the Arbitrum airdrop claiming course of went dwell and ARB markets dropped greater than 85% decrease than pre-IOU market costs recorded the day...
Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
During the previous 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with a lot of the redemptions occurring following the depegging...
Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday
According to statistics, the variety of bitcoin bridged to the Avalanche blockchain noticed a major influx on March 2, as greater than 2,000 bitcoin had...
Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range
The realm of stablecoins is an ever-evolving panorama and the variety of cash in circulation for the stablecoin BUSD has fallen beneath the ten billion...
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...
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...