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Blockchain
Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments
The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border…
A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records
In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a…
Bitcoin Miner Iris Energy Increases Mining Output by 10%
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245…
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In…
Spreading USD-Pegged Stablecoins—Trump-Backed Defi Project Reveals ‘Transformative’ Plans
Over the past few weeks, there’s been a buzz of intrigue and speculation around World Liberty Financial, a…
Report Disputes EIP-1559’s Role in Ethereum’s ‘Ultrasound Money’ Narrative
Mark Odayan, head of research at 2077 Research, asserts that Ethereum’s EIP-1559 should not be equated with…
2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability
A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of…
Ethereum Still Holds the Lion’s Share of Defi TVL as Tron and Solana Rise
Currently, the total value locked (TVL) in decentralized finance (defi) stands at $82.2 billion, with Ethereum…
