Key takeaways Circle’s CEO Jeremy Allaire has blamed the banking crisis in the United States for USDC’s recent struggles. USDC has lost roughly $13 billion of its value in recent months. Allaire says investors are de-risking outside of the US, and this is affecting USDC. Allaire blames US crackdown for recent struggles Jeremy Allaire, the […]
zksync DEX Merlin Reportedly Hacked for 1.82 Million Immediately After Code Audit
zkSync-base decentralized exchange (DEX) Merlin has been hacked, resulting in the loss of over $1.82 million worth of stolen funds. The security breach occurred during […]
Blockchain features on WEF whitepaper as a tool to fight climate change
CISA executive Brynly Llyr said that it’s important to consider and research emerging technologies that can help address climate change.
Ault Alliance’s Subsidiary, BitNile, Inc., Expands Bitcoin Mining Collaboration with Core Scientific to 10,000 Miners
With the Announced Expansion, BitNile Will Have a Total of 19,100 Miners Energized, Increasing Hash Rate to 2.1 Exahash per Second LAS VEGAS–(BUSINESS WIRE)–$AP #10000_Antminers—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), has announced the expansion of the strategic collaboration between its wholly owned subsidiary, BitNile, Inc. (“BNI”), […]
Avalanche launches Cortina Upgrade, but will things change for AVAX
According to Avalanche, the most important optimization as part of the Cortina Upgrade will be linearization of the X-Chain, used for sending and receiving funds.
Bitget’s BGB Token to Debut on Bitfinex, Boosting Liquidity
Bitget, the biggest copy trading platform, announced listing its BGB token on the Bitfinex crypto exchange. Continue reading at DailyCoin.
IOTA joins most important blockchain counsel in Europe to develop superior tech of tomorrow
IOTA is one of the founding members of INATBA whose goal is to bring together all stakeholders within the crypto ecosystem. As part of INATBA, IOTA has also undertaken crucial projects such as building social impact frameworks for blockchain projects. The IOTA Foundation has been part of several major initiatives across the world and now […]
Layer One X Introduces Revolutionary Solution for Blockchain Collaboration
Layer One X, a leading blockchain startup, announced today its mission to address the current limitations of blockchain systems. The current vulnerabilities of web3 are largely due to the fact that blockchains are not built to collaborate. Current solutions like bridges make the infrastructure fragile and vulnerable to attack. Different blockchain systems can’t work together […]
Altcoin Season Gearing Up: Here’s Why The Graph (GRT) Should Be In Your Portfolio!
The post Altcoin Season Gearing Up: Here’s Why The Graph (GRT) Should Be In Your Portfolio! appeared first on Coinpedia Fintech News Bitcoin’s market dominance has been slowly decreasing, paving the way for the growth of alternative cryptocurrencies. This trend is further supported by the emergence of new meme coins like $PEPE, which are attracting […]
US Congress can use stablecoin bill to strengthen Dollar competitiveness: Circle CEO
Circle CEO Jeremy Allaire said the U.S. Congress shouldn’t miss the opportunity of using the stablecoin bill to strengthen the dollar’s competitiveness and safety. In an April 25 Twitter thread, Allaire noted that the earlier draft of the stablecoin bill included provisions that would strengthen the U.S. dollar’s resilience. According to him, the Digital dollar […]