Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD

Post Views: 196 On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [billion] worth of highly liquid assets raised from blockchain industry initiators and use them as an early-stage reserve.”…

Rumors Claim Large Bitcoin Wallet Is a Whale’s Stash or Microstrategy’s Wallet Despite Conflicting Data

Post Views: 192 Five months ago, Bitcoin.com News published a story concerning the speculation surrounding the third-largest bitcoin wallet, as many observers believe the address is a mega whale. The report noted at the time that the address “1P5ZED” shows all the tell-tale signs that it’s an exchange platform, but to this very day speculators…

US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential

Post Views: 179 In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital coins to monetize its energy resources. The United States is committed to ensuring that…

MetaGods NFT Land Sale’s Resounding Success Attracts Traditional Investors

Post Views: 174 PRESS RELEASE. MetaGods is showing tremendous strength after their highly successful, sold-out NFT land sale attracted large new investors from traditional finance. MetaGods recently concluded an NFT land sale that received overwhelming investor support from traditional finance as the new gaming company onboarded some big players and family offices from mainstream markets…

Bitcoin, Ethereum Technical Analysis: BTC up to $42,550 Ceiling, as Bullish Momentum Continues 

Post Views: 198 BTC was once again trading higher, as bullish momentum extended during today’s market session. Bitcoin rose to its highest level in eleven days, breaking resistance of $42,500 in the process. ETH was also up, hitting a ten-day high. BTC climbed higher for a fourth consecutive day, pushing the world’s largest cryptocurrency past…

Belarus Adopts Legal Procedure for Seizure of Illicit Cryptocurrency

Post Views: 187 Implementing a recently signed presidential decree, the government of Belarus has introduced a procedure allowing the state to seize digital currency holdings. The move will grant law enforcement authorities in Minsk powers to seize crypto assets linked to illegal activities. The Ministry of Justice of Belarus has established a legal procedure for…

Biggest Movers: XMR Climbs to 6-Month High, TRX up 17% Following News of USDD Stablecoin

Post Views: 184 TRX was up by over 17% on Thursday, as founder H.E. Justin Sun announced that a new stablecoin, USDD, was going to be launched on the TRON blockchain. XMR was another big mover today, climbing to its highest point since November. TRX surged today, as founder H.E. Justin Sun of TRON confirmed…

Antier Solutions: Catering to the need for Metaverse Development with its Experience and Expertise

Post Views: 217 The metaverse gained exposure and momentum in October when Mark Zuckerberg rebranded Facebook to Meta and shared his vision to create an immersive virtual world where people can interact as avatars. According to Nishant, CTO of Antier, “Web 3.0 and metaverse are poised to redefine the internet. They will pave the path…

Crypto Exchange Coinbase Launches Web3 Social Marketplace for NFTs in Beta

Post Views: 199 Nasdaq-listed crypto exchange Coinbase has launched a Web3 social marketplace for non-fungible tokens (NFTs) in beta. In addition, the exchange noted that for a limited time, there will be no Coinbase transaction fees. Today we kick things off with a full-access experience for some of our waitlist frens. As we ramp up,…

$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL

Post Views: 228 While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top spot in terms of TVL in a defi protocol. Currently, the liquid staking solution Lido has $19.2 billion in staking assets derived…