According to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23, four of the top five days with the highest transaction counts settled on the Bitcoin blockchain occurred in May. 2024: A Banner Year for Bitcoin Records The year 2024 has…
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This year, the supply of the stablecoin tether has surpassed the $100 billion mark, and today, the leading dollar-pegged token boasts a market valuation of $111.9 billion. The majority of this supply resides on Tron, with the network hosting $58 billion in tethers, while Ethereum accounts for $51 billion. This editorial examines the top wallets…
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Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network, the latest Binance Research report, “The Future of Bitcoin #3 – Scaling Bitcoin,” unveils several approaches to addressing Bitcoin scalability. As average onchain fees have climbed in 2024, Binance researchers say stakeholders across the ecosystem are poised to redefine Bitcoin’s infrastructure…
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The Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium network’s X account. The work reduces the token bridging time to Ethereum from seven days to roughly 45 minutes, aiming to enhance Shibarium’s operational efficiency and the overall user experience. This was accomplished by introducing…
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On Thursday, Singapore’s Marketnode, a digital market infrastructure operator, secured funding for its Series A financing round led by HSBC, the British multinational universal bank and financial services group. The exact amount raised during the Series A funding was not disclosed. HSBC Joins Forces With Marketnode to Revolutionize Digital Asset Solutions HSBC has backed Marketnode,…
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The presidential meme coin fervor persists, with the token maga (TRUMP) hitting an all-time high of $15.45 on Wednesday. This surge elevated the value of Donald Trump’s TRUMP coins to $8.06 million on May 29. Additionally, various Trump-related crypto assets are emerging from the woodwork, including one leveraging Bitcoin’s Runes protocol for minting. Trump-Themed Meme…
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The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase, Consensys, Evertas, Fireblocks, Hedera, Kraken, Offchain Labs, Red Balloon Security, Ribbit Capital, Solana Foundation, and Trail of Bits. Its mission is to foster collaboration…
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Blocksquare, a real estate tokenization protocol, has announced that it has tokenized $100 million in properties across various sectors. The team believes this marks a significant advancement in the digital real estate market, facilitated by the launch of their new decentralized finance (defi) platform, Oceanpoint v0.5. From Hotels to Healthcare: Blocksquare Tokenizes $100 Million in…
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Financial giant Mastercard has initiated its first real-world application of the Crypto Credential system, a system aimed at facilitating easier and more secure peer-to-peer (P2P) cryptocurrency transactions. The service, which allows users to transfer cryptocurrencies using simple aliases, has gone live across several exchanges in Europe and Latin America. Mastercard Launches Crypto Credential, Aiming for…
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Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available on Solana Blockchain Paypal Holdings Inc. (Nasdaq: PYPL) announced at…
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