Tether Treasury’s $1 Billion USDT Mint Spurs Bullish Momentum In Crypto Market

Today, the crypto market is experiencing a strong bullish trend, driven by the latest minting activity from Tether Treasury. According to Lookonchain, Tether Treasury minted another 1 billion USDT on the Tron Network earlier today, adding to the ongoing surge in market enthusiasm. Over the past year, Tether has minted a staggering 33 billion USDT, … Read more

Monoswapio Hack: Users Urged To Withdraw Funds Amid Security Breach

Monoswapio, a prominent staking platform, recently suffered a significant security breach, prompting immediate warnings to users to refrain from staking or adding additional funds. The platform has advised users with any staked positions to withdraw their assets immediately to prevent potential losses. The breach occurred when one of Monoswapio’s developers inadvertently installed a phishing application … Read more

Bitcoin Fees Drop Amidst Increasing Wallet Holdings And Government Sales

Bitcoin transaction fees have seen a notable decline this week, dropping by 18% compared to the previous week’s 27% decrease. This marks the lowest weekly fee levels since November 2023, providing relief to users conducting transactions on the network. Total Bitcoin fees have decreased by 18% this week, following a 27% drop from the previous … Read more

Cross Border CBDC Project Mbridge Enters MVP Stage

Project Mbridge, the cross-border central bank digital currency (CBDC) project that seeks to integrate several currencies into a global network, has reached its minimum viable product stage. This means that each one of the participant central banks has deployed a validating node in the network, that is ready to perform real-value transactions CBDC Project Mbridge … Read more

Leading Colombian Conglomerate Bancolombia Launches Crypto Exchange, Introduces Peso Stablecoin

Bancolombia Group, one of the leading banks in Latin America and the biggest bank in Colombia, is entering the crypto business with the launch of Wenia, a cryptocurrency exchange. Wenia seeks to disrupt Bitso’s and Binance’s dominance in the cryptocurrency exchange industry in Colombia, and offer a Colombian peso-pegged stablecoin as part of its asset … Read more

Solana Advances Congestion-Alleviating Central Scheduler Feature to Testnet

Anza, a dev collective behind Solana, recommended the adoption of Agave v1.18.12 into the blockchain’s devnet and testnet. This new version of the mentioned client ships with a central scheduler that aims to reduce congestion by increasing fee collection and reducing conflicting transactions. Anza is calling for increased testing on this functionality. Anza Calls for … Read more

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 some developers in favor and some against this change. A recent article by Mike Neuder, an Ethereum Foundation researcher, highlights that Ethereum issuance should “preserve the viability and proportion of solo stakers.” Ethereum Issuance Curve … Read more

How To Trade Cryptocurrencies: A Beginner’s Trading Guide

Cryptocurrency trading has become increasingly popular in recent years. As a beginner, navigating the complex world of digital currencies can be both exciting and daunting. This guide aims to provide a solid foundation for newcomers, covering the basics of cryptocurrency trading, strategies, and tips to help you get started. Understanding the Basics Choose the Right … Read more

Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions

The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto Tracing Tool on Eve of Anti-Corruption Day Employees of MVD, … Read more

Belarusian Bank Gets the Go-Ahead to Service Crypto Investors

A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic zone has already become home to many crypto businesses. Also read: Bittrex … Read more