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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied China’s central bank governor Yi Gang says $250 billion were transferred via digital yuan since its pilot start 18 months ago. The conference held in Singapore on July 19 shed light on the progress of the country’s
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tether Treasury has minted 1 billion USDT, equivalent to $1,000,485,000, on the Tron network, per an update on July 12. Just two months after its previous billion-dollar mint on April 21, the stablecoin issuer has once again
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The global metaverse market is projected to grow massively, reaching $322 billion by 2030, according to a report by ResearchAndMarkets. Massive growth potential According to ResearchAndMarkets’ latest report, the metaverse market was valued at around $42.05 billion during
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Approximately 68.3 billion LUNC tokens have been burned so far, accounting for approximately 0.99% of the total token supply. Of this burned amount, 44.8 billion LUNC tokens have recently been sent to the burning address. Restore the
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The digital asset industry reached over $3 trillion at its peak in November 2021. However, the custodial part of the market remained at the more modest mark of $447.9 billion in 2022. These numbers are cited from a joint report on the state of digital asset custody conducted by the consulting
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Account abstraction, also known as “smart accounts” could eventually onboard a billion users from the Asia region to Web3, according to an executive at Ethereum software solutions provider ConsenSys.Speaking to Cryptox, the director of strategic initiatives at ConsenSys, Laura Shi, noted that the Ethereum and Web3 ecosystem has seen a
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Binance, the world's largest crypto exchange, has conducted its 11th batch of the Terra Classic (LUNC) burn mechanism, resulting in the burning of 2.65 billion LUNC tokens. The total LUNC tokens burned by Binance now exceed 35.5 billion, while the community's burn surpasses 68 billion. Traders have reacted positively to the
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Achieving mainstream Web3 adoption is a key goal for the blockchain community. We believe strongly in the revolutionary power of this technology, but how do we share its potential with the world? There is no one-size-fits-all solution, so blockchain advocates need to tailor their sales pitch to different audiences in
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The introduction of a spot-based Bitcoin (BTC) exchange-traded fund (ETF) would make the asset more accessible to individual investors and mutual funds. What's more, unlike a futures-based Bitcoin ETF, a spot-based ETF involves actually buying BTC. So will the approval of the first Bitcoin ETF be a bullish event? Not
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The news from IBM on its plans to acquire Apptio came at a time organizations are digitally transforming their business operations faster than before. Amid the increasing use of cloud architecture, technology corporation IBM (NYSE: IBM) said it would acquire software company Apptio from Vista Equity Partners. According to a press release,
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