Tether’s USDT has long been a cornerstone of the cryptocurrency market, and a recent shift highlights Ethereum’s growing prominence in the stablecoin landscape. Classically dominated by Tron, Tether’s issuance of $20 billion USDT on the Ethereum network over the last month not only signals a dramatic transition but also sets the tone for a new
Wallet
The emergence of Web3 technologies, encompassing blockchain, non-fungible tokens (NFTs), and decentralized finance (DeFi), is rapidly transforming the landscape of digital interaction. The recent ConsenSys Web3 Survey, conducted in collaboration with YouGov, sheds light on this shift by compiling the insights of more than 18,000 respondents from 18 countries, spanning continents like Africa, Asia, Europe,
In recent weeks, World Liberty Financial (WLFI) has made waves in the world of decentralized finance (DeFi) following a series of strategic investments and partnerships. The initiative, notably endorsed by President-elect Donald Trump, demonstrates an evolving landscape where political influence intertwines with fintech innovations. This article analyzes WLFI’s recent activities, its challenges, and the potential
In recent months, the cryptocurrency world has witnessed a surge in sophisticated scams that capitalize on the trust and familiarity of users. As the decentralized finance (DeFi) space grows, so does the ingenuity of bad actors who exploit it. Among the most alarming developments are scams involving impersonation of well-known influencers through counterfeit social media
In the dynamic landscape of cryptocurrency, Bitcoin (BTC) continues to be at the forefront, captivating investors and analysts alike with its unpredictable nature. Just recently, BTC experienced a correction that temporarily drove its price down below $94,500. However, this setback appears to be short-lived, as Bitcoin has rebounded impressively to hover around the $98,700 mark.
Toncoin (TON) has enjoyed a notable bullish trend since November, showcasing the potential for growth within the cryptocurrency space. However, the recent week has underscored a shift in investor sentiment that introduces caution into the mix. While there was hope for sustained upward momentum, market dynamics have shifted significantly, leading to a decrease in profitability
In a pivotal move for the digital asset landscape, Coinbase has launched Project Diamond, aiming to facilitate institutional adoption outside of the United States. This initiative, overseen by Coinbase Asset Management, is designed to cater to the evolving needs of institutional investors, particularly in regions where such services may currently lack robust infrastructure. By leveraging
The realm of tap-to-earn gaming has encountered a critical downturn in user interaction and loyalty, despite the overall upward trajectory of blockchain gaming. Games that once boasted extravagant user bases, such as Hamster Kombat and Catizen, are now grappling with alarming departures. From August to early November, Hamster Kombat’s user count sank from an impressive
The arrival of US Spot Bitcoin Exchange-Traded Funds (ETFs) has marked a watershed moment for both Bitcoin and the larger cryptocurrency landscape. Since their inception in January 2024, these ETFs have experienced explosive growth, fundamentally altering the dynamics of digital asset investment. With their rise, they’ve set new records in traditional financial markets and have
In a striking example of vulnerability in the cryptocurrency space, a user on X, known as “LeftsideEmiri,” reported a staggering loss of $300,000 due to a sophisticated social engineering scheme. This incident serves as a stark reminder that even the most cautious individuals can fall prey to cybercriminals. “I never thought it would happen to