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April 8, 2024
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PayPal stablecoin circulation dropped 38% in March – Paxos

In March, PayPal USD (PYUSD) — a stablecoin issued by PayPal and Paxos – experienced a significant drop in circulation, according to Paxos’ transparency report. PYUSD […]
April 8, 2024
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IRS criminal investigation chief joins Chainalysis: ‘It’s time to move on’

Jim Lee, a 29-year veteran of the United States government, including three years as chief of the IRS Criminal Investigations team, has transitioned to a role […]
April 8, 2024
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Frax Finance dives into DeFi liquidity with $250M USDe allocation

Frax Finance, a decentralized finance (DeFi) lending protocol, recently passed a community governance proposal allowing a $250 million allocation of Ethena Labs’ USDe to a new […]
April 8, 2024
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Ethereum-based investment products see negative outflows for 4th consecutive week

Despite positive inflows into other crypto-based investment products, Ethereum-based crypto investment products experienced negative outflows for the fourth consecutive week.   While Ethereum saw outflows totaling […]
April 8, 2024
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dYdX Chain halts production following scheduled network upgrade

dYdX, a decentralized finance (DeFi) protocol, has announced an investigation into a recent halt in block production as the chain underwent a scheduled upgrade.   Scheduled […]
April 8, 2024
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Bitcoin needs to hold above $80,000 to keep mining profitable post-halving

According to data from CryptoQuant CEO Ki Young Ju, the cost of mining using Antminer S19 XPs is set to double from $40,000 to $80,000 after […]
April 8, 2024
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Arrested Binance exec pleads not guilty to charges in Nigeria

Detained Binance executive Tigran Gambaryan has pleaded not guilty to four money laundering charges in Nigeria, according to local reports. Gambaryan asserted his innocence during a […]
April 8, 2024
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Can blockchain revolutionize digital securities management for stock exchanges?

The Athens Stock Exchange (ATHEX) has announced plans to incorporate blockchain technology into its Electronic Book Building (EBB) system in collaboration with the Sui blockchain ecosystem. […]
April 5, 2024
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Solana struggles: Record 75% of user txs are failing… or are they?

Recent data from Dune Analytics reveals that approximately 75% of non-vote transactions on the Solana network have been failing, marking the highest failure rate recorded. This […]
April 5, 2024
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Prisma Finance eyes protocol restart with DAO support

Prisma Finance, following a hack of $11.6 million on March 28, has proposed a plan to safely unpause the Prisma protocol and enable borrowing once again. […]

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