Recent disruptions, such as the loss of Tether’s peg to the dollar and the collapse of TerraUSD, cast doubt on the stability of these digital assets. The exponential rise of stablecoins, marketed as a stable form of crypto, has sent ripples through the financial world. Touted for their potential to facilitate faster and cheaper transactions, […]
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Ethereum becoming a layer-2 for Solana is “probably more likely than you might think,” says Anatoly Yakovenko, co-founder of Solana Labs. The CEO and co-founder of the Solana project, Anatoly Yakovenko, commented on Sunday, July 2, the idea of using Ethereum as layer 2 for the Blockchain. In a series of tweets posted on Sunday, […]
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Like funding, Blockchain development activity also declined in the second quarter. Market indicators appear to be bullish on DOT, suggesting further uptrend. Polkadot is a public Blockchain network whose main objective is to serve as a connection point between different block networks. The project dates from the end of 2016 when Gavin Wood, co-founder of […]
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BlackRock first applied for the spot BTC ETF on June 15. BlackRock has recently discovered the Bitcoin ETF depository involving Coinbase as a partner for “surveillance sharing”. Additionally, the application also appears to include a Nasdaq-Coinbase deal to supplement the exchange’s watchdog program, after the SEC raised questions about the filing’s clarity. Eric Balchunas, Senior […]
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An American firm reported that Israel seized $1.7 million in cryptocurrencies used for terrorism. In a recent report, US Blockchain firm Chainalysis revealed details about Israel’s confiscation of cryptocurrencies, intended to finance pro-Iranian interests. The firm claims to have worked in collaboration with Israeli intelligence to seize more than $1.7 million worth of cryptocurrency, which […]
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