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Blockchain
Study: Stablecoin Activity the Highest in Q3 of 2023 With Approximately 400K Daily Active Addresses
By the end of Q3 2023, activity in the stablecoin category as measured by the number of daily active addresses (DAA) stood at over 400,000 — the highest in any category. In the decentralized finance (defi) category — the next…
Celestia’s TIA Airdrop Hype Wanes as Blockchain Struggles to Gain Users
Celestia, the modular blockchain that claims it will scale with more users, has struggled to wrangle much of a market share in its first week, with less than 350,000 transactions being registered in four days.
October’s NFT Market Contracts Over 21%, With Ethereum’s Share Shrinking by $35 Million
October proved to be a beneficial period for the broader crypto asset landscape; however, it cast a shadow on the non-fungible token (NFT) sector, witnessing a 21.64% dip in sales. Ethereum’s NFTs took the lion’s share,…
Protocol Village: Toposware, Specialist in Zero-Knowlege Cryptography, Raises $5M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 2-8, with live updates throughout.
Protocol Village: New DYdX Chain to Use DYDX for Staking, Pay Out Fees in USDC
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 16-22, with live updates throughout.
Arbitrum Foundation Says ‘Orbit’ for Layer-3 Networks Now Ready for Mainnet
Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain.
Blockchain Publishing Company LBRY Announces Shutdown Following Court Judgment and Debts
Facing a judgment from the federal government and encumbered with significant debts, LBRY Inc., the blockchain-based publishing company, has signaled its intent to terminate operations. This announcement, shared via a blog post hosted on…
NFT Sales Spike 12.62% Higher Than Last Week, Breaking Two-Month Downturn
Parsed data from the week spanning October 14-21, 2023, reveals an upward trend in non-fungible token (NFT) sales, with a 12.62% surge from the previous week. Both buyer and seller participation swelled, by 15% and 17% respectively,…
Largest Clearing House in the US Acquires Digital Asset Firm Securrency
The Depository Trust & Clearing Corp., known as DTCC, has acquired digital asset infrastructure company Securrency, according to a Thursday announcement. Securrency will soon rebrand as “DTCC Digital Assets.” Looking ahead, DTCC said it…
Sui Foundation Calls Report of Supply Manipulation ‘Materially False’
SUI, the native token of the blockchain that was built by former Meta (META) employees, has tumbled by 5% on Tuesday after the community raised concerns over whether the team had been selling staking rewards on Binance.