According to official news, on July 6, according to the official website data, the total pledged amount of stUSDT has reached 52,624,065 USDT, officially breaking through 50 million US dollars, and the APY is 3.60%. It is reported that stUSDT is the first RWA (Real World Asset) track product in the TRON ecosystem, and it is now running through the decentralized...
A new study by Juniper Research, an expert in the emerging payments space, has found that the value of global stablecoin-powered payment transactions will exceed $187 billion by 2028, up from $53 billion in 2023. Stablecoins in particular have made rapid progress in cross-border markets, the study found, and they are a key way to bypass slow, expensive and...
According to news on July 3, the Web3 domain name and identity platform SPACEID tweeted that the ID repurchase and destruction (IDP3) has been successfully implemented, using 1,031,115.4 stable coins to repurchase and destroy 3,107,377.8 IDs. The other half of platform revenue (from March 23, 2023 to June 23, 2023) will be transferred to the multi-signature...
Canada's House of Commons Standing Committee on Industry and Technology has released a comprehensive report on blockchain technology, which includes a series of recommendations to the Canadian government to support and foster the blockchain and cryptocurrency industry. The report highlights the potential of blockchain technology to digitize untapped sectors of the...
On June 28th, Christian, the co-founder of the encryption fund NDV and a big Azuki owner, mentioned Azuki on social media: In order to obtain a profit of 38 million US dollars and destroy a project worth 1 billion US dollars (and the most loyal community on earth ) is unwise. I'm willing to pay $40 million for the entire company.
Ben Rose, head of Binance Australia, said at Australia Blockchain Week on June 26 that the exchange was cut off from the local banking system in May before we received a 24-hour bank cancellation at 11:30pm The notice, which later became 12 hours, so our banking services were cut off with absolutely no prior warning, consultation or remediation. The reasons given...
According to news on June 25, the South Korean police arrested three suspects in a "blockchain technology-based dog nose print recognition" fraud project and charged another 64 people with suspected fraud, involving 166.4 billion won (approximately 1.27 billion yuan). One hundred million U.S. dollars). South Korean police said it was a "typical Ponzi scheme" in...
News on June 24, according to a report by CryptoSlate, Glassnode data showed that the week before Bitcoin rose above the $30,000 mark, the circulating supply of the stablecoin TrueUSD increased significantly, from slightly more than $2 billion on June 14 to 3.13 billion US dollars on June 21, an increase of 56.5%.
On June 23rd, a16z partner Chris Dixon wrote an article to introduce the new book Read Write Own: Building the Next Era of the Internet, saying that this book reviews the history of the Internet and shows how it has experienced three major design eras: the first One focuses on democratizing information (reading), a second on democratizing publishing (writing), and...
On June 21, the Monetary Authority of Singapore released a white paper today proposing a common agreement to stipulate the conditions for the use of digital currencies, such as central bank digital currencies, tokenized bank deposits, and stablecoins on distributed ledgers. Prepared in collaboration with the International Monetary Fund, Bank of Italy, Bank of...
According to Lookonchain monitoring, the anonymous whale address withdrew 10,000 ETH from Binance 40 minutes ago, which is about $1.73 million. This follows a total of 86,520 ETH (approximately $150 million) withdrawn from Binance and Kraken by 3 new wallets in the past week. The address starting with 0x5bA3 extracted 35,860 ETH from Binance and transferred it to...
On June 17th, Meta released the speech generation AI model Voicebox, which supports speech generation from text, can match audio styles based on samples that are only two seconds long, and convert text samples to another language, given a separate speech In the case of the sample, and can read the translated text content in the speaker's original voice, it...
According to Lookonchain monitoring, the founder of Curve exchanged 800,000 LDO ($1.33 million), 565,579 USDT, and 1.3 million DOLA for 3.2 million FRAX in the past 6 hours. Then he repays 3.2 million FRAX on Fraxlend to increase the health factor. He deposited a total of 431 million CRV ($246 million) and borrowed $101.5 million in stablecoins across multiple platforms.
News on June 14th, according to Lookonchain monitoring data, or worried about the upcoming huge BLUR unlock, the two addresses sold all Blur positions at a loss, of which: the address starting with 0x705d sold 101,796 BLUR (about 32,500 US dollars), a loss of 68% (approximately US$68,000); the address starting with 0x568e sold 194,040 BLURs (approximately...
According to the news on June 13, SoSo, chief marketing officer of the multi-chain middleware platform Bifrost, said, "Since I have left Haru Invest for 5 years and know nothing about the internal situation, I don't think it is appropriate to write it. But since Bifrost is a Block Crafters Investment portfolio, there is FUD that BFC sell-off may occur, so I will...
According to a blog post by Bitcoin payments company Strike CEO and co-founder Jack Mallers, Strike has moved customers’ Bitcoin (BTC) and U.S. dollar (USD) holdings to its own internal infrastructure. Mallers said the move, part of a two-year effort, will reduce counterparty risk while ensuring the robustness and performance of the company's products and...
News on June 9th, the NFT giant whale Franklin is suspected to have issued a warning in text and video on his twitter account ElectionDayMad1, saying that his twitter account franklinisbored was stolen, please do not send any cryptocurrency or click on any links, from June 9th None of the tweets since the early morning of the day were posted by him. Prior to the...