Matrixport, a trailblazer in the field of tokenized T-bills, is leading the way in introducing on-chain T-bills that offer investors a risk-free rate surpassing that of traditional fiat-backed stablecoins. Through its real-world asset tokenization brand, Matrixdock, the company is mainstreaming stablecoins in the crypto sphere. The game-changer lies in how on-chain T-bills and asset tokenization […]
A new report from Binance Research has revealed that oracle-related exploits have caused nearly a billion dollars worth of losses over the past three years. Oracles are used to connect blockchains to external data, allowing smart contracts to execute tasks based on real-world events or conditions. This is especially important for decentralized finance (DeFi) protocols, […]
Shiba Inu (SHIB) has seen a 5 percent price increase in the last week, with a strong response to the Shibarium launch. The Shiba Inu ecosystem has seen a notable increase in its token-burning program, with over 2.3 billion SHIB tokens burned last month. The SHIB price surge comes following the strong response to Shibarium […]
Grayscale, the world’s largest crypto asset manager, has filed with the SEC to convert its Grayscale Ethereum Trust (ETHE) into an Ethereum exchange-traded fund (ETF). The filing was submitted by the New York Stock Exchange (NYSE) on behalf of Grayscale. This move follows the SEC’s approval of multiple Ethereum futures ETF products last week.ETHE is […]
Crypto investment products have seen their first inflows since mid-August, with $21 million flowing into these products in the past week. Bitcoin (BTC) and Solana’s (SOL) investment products contributed significantly to the recorded inflow, with BTC products seeing the most inflows with $20 million and SOL recording inflows of $5 million. Ethereum (ETH) maintained its […]
Chainlink (LINK) has recently announced a partnership with Australia and New Zealand Banking Group (ANZ). ANZ has $670 billion in assets and was one of the participants of the recent case study involving Oracle’s new Cross-Chain Interoperability Protocol (CCIP) technology. This technology was used to complete transactions in tokenized assets using A$DC stablecoin and CCIP.Chainlink […]
Ripple’s native cryptocurrency XRP has seen a 4.40 percent increase in the last week, trading above $0.52. Ripple’s Chief Legal Officer, Stuart Alderoty, shared banners on social media suggesting the US Supreme Court’s intention to curb the power of federal agencies. XRP’s price action currently places it above the 200-day EMA while below the 50-day […]
Minswap, a prominent platform on Cardano, has seen impressive growth in key metrics such as Unique Active Wallets (UAWs). Over seven days, Minswap registered an 89.85% growth in UAWs, a 63.05% increase in transactions, and a 16% growth in trading volume. On September 24th, Minswap recorded a daily trading volume of $6.86 million, UAWs of […]
October is a significant month for the crypto market, as several projects are set to release tokens worth more than $130 million. Axie Infinity will be the largest contributor, with 15.1 million AXS tokens, valued at $71.8 million, entering the market on October 20. The majority of these tokens will be allocated to the project’s […]
As the first week of October unfolds, the Bitcoin and crypto market is set to witness a whirlwind of events that could shape the future price trajectory. This includes the launch of Ethereum futures ETFs, the anticipation of a bullish October (now colloquially termed “Uptober”), and the highly anticipated US employment report for September. Historically, […]
