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Stablecoin Market Sees Growth in October Despite Mixed Supply Dynamics

Fiat-Pegged Token Market Grows Modestly The stablecoin economy experienced growth in October after several consecutive monthly declines. A total of $608 million was added to the fiat-pegged token market, bringing its valuation to approximately $123.66 billion. However, despite the overall increase, six stablecoins out of the top ten saw reductions in their supply during the […]

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The Crypto Market Soars with $1.31 Trillion Value and Double-Digit Gains for 24 Cryptocurrencies

Explosive Growth in the Crypto Economy On November 2, 2023, the crypto economy is thriving, boasting a value of $1.31 trillion following a 2.88% increase in the past 24 hours. Bitcoin has notably surpassed the $35,000 mark, showing a 2.8% increase, while a wide array of two dozen digital assets have experienced double-digit growth this

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The Rise of Decentralized Gaming: A Conversation with Cryptopia CEO Sangho Grolleman

In the ever-evolving world of cryptocurrency, Sangho Grolleman has emerged as a trailblazer. As the CEO of Cryptopia, he brings a wealth of experience and a deep passion for gaming to the table. In a recent interview on the Bitcoin.com News Podcast, Sangho discussed the decentralized gaming market and highlighted the importance of prioritizing fun

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Vella Finance Drops Crypto Services, Shifts Focus to SME Banking

Vella Finance's Decision to Drop Crypto Services Vella Finance, a Nigerian fintech startup, has recently announced that it will no longer offer crypto-related services starting on October 30. The company's co-founder, Tolu Adedayo, stated that providing both crypto and banking services simultaneously is not feasible, leading to the decision to drop crypto services and instead

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Lawmakers Urge DOJ to Consider Criminal Charges Against Binance and Tether

Introduction Two U.S. lawmakers have recently called on the U.S. Department of Justice (DOJ) to investigate Binance and Tether for potential criminal charges. The lawmakers alleged that these two cryptocurrency platforms were used to fund Hamas, a designated terrorist organization. They emphasized the need for the DOJ to evaluate whether Binance and Tether have violated

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Biggest Movers: SOL Hits Near 1-Year High, Gaining 9% on Monday

Solana (SOL) experienced a significant surge, reaching a near one-year high at the start of the week. The cryptocurrency surpassed the $35.00 level, as bullish investors propelled its price upwards. This surge coincided with a rally in the global crypto market cap, following a recent period of consolidation. Additionally, Avalanche (AVAX) also saw a modest

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Evolution of Crypto Custodians: New Use Cases for Institutional Customers

Introduction A recent report by Ccdata, a digital asset-focused research firm, sheds light on the evolving landscape of crypto custodians and their introduction of new use cases for institutional customers. This article explores the key findings of the report and highlights the growing trends in the industry. The Rise of Crypto Custodians According to Ccdata's

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Ethereum’s Dencun Upgrade Faces Delay Amid Testing Requirements

Ethereum's Dencun Upgrade: Mainnet Release Now Anticipated in 2024 The highly anticipated Dencun upgrade for the Ethereum blockchain won't be making its debut in 2023 as initially expected. Ethereum's core developers have decided to push back the upgrade's release until at least 2024, a revelation made during the latest All Core Developers meeting. After the

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