Stablecoins see $846 billion in on-chain trades in May
Submitted by Anonymous (not verified) on Fri, 05/31/2024 - 23:20PyUSD is now the tenth-largest stablecoin by market cap and registered a 21% growth in April.
Ecosystem
EOS Network unveils new token model with fixed supply of 2.1 billion tokens
Submitted by Anonymous (not verified) on Fri, 05/31/2024 - 22:50EOS Network is moving from an unlimited supply with a maximum of 10 billion tokens to a fixed supply of 2.1 billion tokens.
21.co debuts Wrapped Bitcoin on Solana, targeting $1 trillion in idle Bitcoin funds
Submitted by Anonymous (not verified) on Fri, 05/31/2024 - 18:5021.co launches 21BTC, enabling Bitcoin's secure and efficient use on the Solana blockchain for improved DeFi integration.
Japanese exchange DMM Bitcoin hit with $300 million hack
Submitted by Anonymous (not verified) on Fri, 05/31/2024 - 18:20DMM Bitcoin commits to a full refund for users after a massive 48.2 billion yen Bitcoin theft shakes the crypto exchange.
Musk rejects allegations of advising Trump on crypto
Submitted by Anonymous (not verified) on Thu, 05/30/2024 - 20:40Elon Musk and Donald Trump discuss crypto policy, signaling Musk's potential advisory role and Trump's campaign outreach to crypto voters.
Chainlink and Circle team up to boost DeFi usability and cross-chain USDC
Submitted by Anonymous (not verified) on Thu, 05/30/2024 - 20:10Chainlink and Circle partner to advance DeFi by integrating stablecoin technology with decentralized oracle services for developers.
Donald Trump eyes Elon Musk as policy adviser, boosting pro-crypto agenda
Submitted by Anonymous (not verified) on Thu, 05/30/2024 - 01:20Elon Musk may become a policy adviser for Donald Trump, influencing economic and border security policies, as per WSJ.
Ripple invests $25 million in pro-crypto campaign for 2024 US elections
Submitted by Anonymous (not verified) on Wed, 05/29/2024 - 21:10Ripple donates $25M to Fairshake PAC, aiming to influence 2024 elections for a crypto-supportive US policy.
Ripple’s institutional DeFi could unlock Bitcoin ETF collateral value: Ripple CTO
Submitted by Anonymous (not verified) on Wed, 05/29/2024 - 20:40Ripple CTO David Schwartz discusses how institutional DeFi on XRPL could enable Bitcoin ETFs to be used as loan collateral.
Mastercard unveils its ‘name service’ for crypto transactions
Submitted by Anonymous (not verified) on Wed, 05/29/2024 - 20:00Mastercard Crypto Credential now allows easy crypto transactions with aliases, enhancing security and compatibility for users.