The stablecoin FDUSD issued by First Digital Trust is now growing its presence, making its way to the Sui platform following earlier integrations with Ethereum and BNB Chain. With a market value exceeding $3 billion, this stablecoin now holds the position of being the fourth largest in circulation, having been launched in Hong Kong just … Read more
On April 8, Bitcoin ETF trading volumes hit a record high of over $200 billion, even as investors withdrew funds from Grayscale’s GBTC and the market share changed hands. In simpler terms, more than $200 billion worth of Bitcoin ETF trades occurred on that day, despite Grayscale experiencing outflows and a transfer of market dominance. … Read more
Coinbase’s layer 2 network, Base, has been making headlines for its high transaction-per-second throughput compared to Solana. On the 9th of April, Jesse Pollak, who leads Base’s protocol team, announced that the platform had managed a stable transaction speed between 300 and 450 transactions per second, without encountering any problems. Although Chainspect’s real-time data reveals … Read more
The Notcoin team is compiling the outcomes of the mining process and getting ready for the NOT token’s public debut. Sasha Plotvinot, the co-founder of Notcoin and founder of Open Builders, explains that their team is currently focusing on developing a consistent branding approach for user tokens to avoid negatively impacting the ecosystem. Once added … Read more
Senator Kirsten Gillibrand revealed ongoing discussions about forthcoming stablecoin regulation. Gillibrand will team up with Senator Lummis, a Wyoming Republican, to unveil their fresh legislation in the near future – either by the end of this week or by next week at the latest. Senator Gillibrand emphasized the importance of using cryptocurrencies’ unique features and … Read more