At $1 trillion, Tether—the company behind USDT—is betting big on the future. Lastly, it will drop support for its USDT stablecoin on five “legacy” blockchains. This ruling, made public on July 11, represents a new tactical move as Tether continues to reposition itself within an increasingly dynamic digital asset landscape.These...
Binance, a global cryptocurrency exchange, is celebrating its eighth anniversary with a virtual event and a $2.88 million reward campaign. The celebration serves as a great illustration of the exchange’s strategic emphasis on community involvement and utility of the BNB token. Binance's leadership emphasizes adaptability and innovation as key components...
BlockDAG has been causing a stir in the cryptocurrency community with its innovative structure, indicating a revolution in blockchain technology. The platform’s most distinguishing feature is that it lets multiple transactions occur simultaneously. This unique feature is well-positioned to respond to the growing demand for more sustainable and efficient cryptocurrency...
Little Pepe is knocking down the walls of the market meme coin! It hopes to deploy its own Layer 2 blockchain that would allow for cheap, speedy transactions. This project stands apart from conventional meme coins. It further vests itself for future expansion within the machines’ ongoing changes in the...
Tether has announced it will discontinue support for its USDT stablecoin on five legacy blockchains: Omni Layer, Bitcoin Cash Simple Ledger Protocol (SLP), Algorand, Kusama, and EOS. Our recent blog post explains this decision in detail. Deepening engagement through tech It is part of a larger strategic infrastructure review to...
Memecoins are cryptocurrencies based on popular internet memes and viral trends. Their journey continues to innovate and develop a long-term niche and presence in the expanded digital asset spaces. Of all the recent surprising phenomena, perhaps the most fascinating is the emergence of memecoins developed or driven by AI. That...
Tether, the leading issuer of stablecoins, has announced it will phase out support for five older blockchains: Omni Layer, Bitcoin Cash’s Simple Ledger Protocol (SLP), Kusama, EOS, and Algorand. According to Tether CEO Paolo Ardoino, this pivotal move will enable the company to retarget their capital. They want to harmonize...
The cryptocurrency community is reeling after the largest ever security breach. Hackers made off with more than $10 million of those dollars through decentralized finance (DeFi) protocols. In particular, this massive exploit calls into question the efficacy of any existing cryptocurrency regulations, particularly in Asia. It unfortunately spotlights the vulnerabilities...
Whatever the case, memecoins are quickly changing how investors and businesses view cryptocurrency altogether—creating risk, reward, and potential newfound wealth in any form.… because they are amazing at reaching younger demographics. It is their potential to create vibrant communities which has made them perhaps the most distinguishing characteristic of the...