Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar
The smart money protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out...
Altcoin News
Solana Developers Test Congestion Fixes in Testnet, Introduce Measures to Prioritize Traffic
Anza, a collective of developers focused on the Solana blockchain, has produced a fix that aims to reduce the congestion...
USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up
The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid...
Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin
Following criticism of Ethena’s USDE stablecoin, which brought back memories of the Terra blockchain’s Anchor protocol failure, Ethena backer Arthur...
First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui
The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network....
SAGA token price prediction; Bitbot follows in its footsteps
Saga Protocol sees surge post-mainnet launch with SAGA token trading volumes surpassing $1 billion. Binance expands support for the SAGA...
Bitwise President Praises Tether’s Successful Business Model
Teddy Fusaro, president of Bitwise, one of the crypto index fund managers, has praised the business model of Tether, the...
Wirex Token (WXT) surges on partnerships and integrations ahead of WPAY launch
In the past month, WXT token has surged by more than 55%. At press time, Wirex Token (WXT) was trading...
Is It Time for Altcoins to Shine? Analyst Predicts Shift in Crypto Dynamics
Throughout this week, while bitcoin and ethereum have been consolidating, vibrant discussions about the elusive ‘Altcoin Season’ have intensified across...
Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion
On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known...
Paypal Integrates PYUSD for International Transfers on Xoom
On Thursday, Paypal disclosed that users of Xoom now have the capability to utilize the company’s stablecoin PYUSD for conducting...
Ethereum Issuance Reduction Proposal Prompts Fierce Crypto Community Criticism
Discussions about adjusting Ethereum’s issuance curve due to staking concentration and other factors are taking place on social media, with...
Stablecoin Market Swells With Growth in March, Led by Ethena’s USDE
This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20,...
Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With Stablecoins
Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network...
45 Days Until Altcoin Season: How to Prepare
As the horizon brightens with the anticipation of another altcoin season, investors are on the lookout for the next big...
These AI Cryptos Could Merge Into One ASI Token
SingularityNET, Fetch.ai, and Ocean Protocol are reportedly on the verge of merging their crypto tokens into a unified ASI token....
TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins
Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024,...
Analyst Rises AIOZ Price Target to $4 After Alibaba Deal
AIOZ Network has joined forces with Alibaba Cloud, marking a pivotal moment for Web3 capabilities within the region. The partnership...
Meme Coin Presale Trend Goes Wild on Solana: Almost $150 Million Raised
An investigation carried out by blockchain sleuth Zackxbt has found that the trend where individuals ask for funds on social...
This Altcoin Plummeted 99% After Security Breach
Super Sushi Samurai (SSS), a newly launched altcoin, has suffered a significant security breach. As of the latest update, SSS’s...
Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days
The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market...
Ethereum Rollups Start Reaping Dencun Benefits: 99% Fee Drops Reported in Some Cases
Ethereum rollups, the layer 2 scaling structures, have started reaping the benefits of the recently applied Dencun upgrade. The update,...
