PayPal’s PYUSD Stablecoin Surpasses $500 million in Supply.
Since its rollout, PYUSD’s supply reached 230 million by the end of 2023. However, the total supply of stablecoins has more than doubled since then. PayPal’s PYUSD stablecoin has seen…
Circle’s USDC Emerges as Top Beneficiary of EU’s Push for Compliant Stablecoins.
USDC stablecoin’s trading volume in 2024 has skyrocketed to $23 billion. The MiCA regulation has created an increased demand for compliant stablecoin, with Circle’s USDC emerging as a primary beneficiary…
BONK Price Rise 25% on Solana After Token Burn Proposal.
A meme coin based on the Solana blockchain, BONK’s price surged by 25% after the treasury announced plans to burn 84 billion tokens. Initially facing a bearish trend with support…
German government again transferred thousands of bitcoins to exchanges and market makers.
The German government transferred 133.722 bitcoins to market maker Cumberland DRW before sending 150 coins to crypto exchange Kraken and 1,000 coins to the B2C2 Group.It also transferred 300 bitcoins…
Dormant $2.9 Million from Pancake Bunny Hack moved to Tornado Cash.
In the turbulent world of decentralized finance (DeFi), the saga of PancakeBunny serves as a stark reminder of both innovation and vulnerability. A wallet address associated with the PancakeBunny attack…
Solana’s Firedancer Prepares for Bug Bounty Launch.
Starting July 10 and ending on August 21, participants can compete in the “Boost” event to identify and report bugs, climbing the leaderboard for a larger share of the prize…
Bitcoin whales are selling Off while new investors buy ETFs – Peter Schiff.
Recent market data has revealed diverse behaviors among Bitcoin investors, with large holders reportedly selling their positions while retail investors show increasing interest in the newly launched Bitcoin Exchange-Traded Funds…
Web3 Users Surge by 40%, Reaching Historic High in Q2.
DappRadar warned that the surge in dUAW may be unsustainable, attributing part of the growth to “airdrop farming” activities. In the second quarter of 2024, Web3 user engagement hit an…
Pink Drainer Loses 10 Ether to Address Poisoning Scam.
Pink Drainer was tricked by a nearly identical address, leading them to send 10 ETH to a scammer’s wallet in late June. The notorious hacking group, Pink Drainer lost 10…
ECOWAS Countries Want To Print Single Currency Known As ECO.
Finance Ministers and Central Bank Governors from the 15 Economic Community of West African States have advanced plans to launch the single currency initiative, known as the ECO. This initiative…