Auto Added by WPeMatico

Tether Dominates Polygon’s Stablecoin Market with $792M Cap, Growing 29% QoQ

Polygon has witnessed a remarkable surge in its stablecoin market capitalization this quarter. According to the latest report from Messari, the Ethereum Layer 2 solution’s stablecoin market cap soared to a…

Continue ReadingTether Dominates Polygon’s Stablecoin Market with $792M Cap, Growing 29% QoQ

Declining But Dominant: WBTC Maintains Market Lead Over BTCB, RBTC, LBTC, and Other Derivatives

The Wrapped Bitcoin (WBTC) protocol, initiated by Bitgo in 2019, holds the title of the largest BTC derivative project by market capitalization, and to date, no other project has exceeded…

Continue ReadingDeclining But Dominant: WBTC Maintains Market Lead Over BTCB, RBTC, LBTC, and Other Derivatives

Software Engineer: Anchoring AI on Public Blockchains Aids in Establishing a ‘Permanent Provenance Trail’

With artificial intelligence (AI) seemingly destined to become central to everyday digital applications and services, anchoring AI models on public blockchains potentially helps to “establish a permanent provenance trail,” asserted…

Continue ReadingSoftware Engineer: Anchoring AI on Public Blockchains Aids in Establishing a ‘Permanent Provenance Trail’

Study: Crypto Losses 28% Lower in May; Attackers Primarily Targeting Defi Platforms

In May, cybercriminals were less successful in their attacks on decentralized platforms, resulting in losses attributed to hacks and fraud incidents amounting to approximately $52.4 million. During the same period…

Continue ReadingStudy: Crypto Losses 28% Lower in May; Attackers Primarily Targeting Defi Platforms

RWA Protocol Blocksquare Announces $100 Million Tokenization of Real Estate Assets

Blocksquare, a real estate tokenization protocol, has announced that it has tokenized $100 million in properties across various sectors. The team believes this marks a significant advancement in the digital…

Continue ReadingRWA Protocol Blocksquare Announces $100 Million Tokenization of Real Estate Assets

Liquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days

While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences…

Continue ReadingLiquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days