Ethereum Has Burned More Than a Million ETH Over the Last 3 Months
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto…
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Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing
The senator said he had "significant concerns with the non-standardized terms applicable to redemption of particular stablecoins" in separate letters to eight crypto firms.
Ripple And The Republic of Palau Partner to Create a Digital Currency
Despite the problems, Ripple has not given up on its mission to become a significant player in the global payments industry, and even though things are not going so well…
Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets
Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its…
Fed Governor Waller praises stablecoins as a genuine innovation that makes the development of CBDCs redundant
The total market capitalization of stablecoins increased five-fold in the past year alone.
Valkyrie Will Launch On-Chain Defi Fund Next Week
Valkyrie Investments, one of the biggest cryptocurrency asset managers, has announced it will launch a so-called on-chain defi fund next week. This new fund would be substantially different than other,…
Argentines Pay More For 1$ in Bitcoin or DAI Than For One Physical Dollar
Argentina is undergoing a new episode of market jitters after the victory of the opposition forces in the legislative elections. As analysts predict a new devaluation on the horizon, people…
USDC Issuer Circle Plans Expansion into Asian Markets: Report
The blockchain-focused financial services company – Circle – intends to establish regional headquarters in Singapore. The firm will also reportedly invest in a stablecoin backed by the Japanese yen through…
Circle Supports Government Plans to Regulate Stablecoin Issuers Like Banks
USDC issuer Circle has declared support for the Presidential Working Group on Financial Markets’ proposal to regulate fiat-backed cryptocurrency issuers like banks, stating that the move would foster ecosystem growth.…
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