On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron ( TRX ) to back the algorithmic stablecoin, as...
Finding a million reasons why blockchain won’t succeed turned out to be one of the biggest innovations in the last 500 years.
Google Cloud is making a team tasked with developing services for enterprise shoppers seeking to leverage blockchain technology. VP of Google Cloud Amit Zavery confirmed details of the division’ plans to CNBC, which reported the news today. The division antecedently declared details in Jan and has partnered with...
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Data on DeFi Pulse showed decentralized exchange Uniswap to have a Total Locked Value of $7.04 billion, making it the fi
Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies for companies to use and take advantage of the distributed nature of Web3 in their current businesses and enterprises.”...
After launching five Permissionless Pools, Clearpool established its first-ever permissioned pool that allows institutional lenders to earn yields up to 15% by staking USDC. The project partnered with Jane Street Capital – a global proprietary trading company aiming to enter the cryptocurrency industry. Permission Pool Decentralized capital markets...
Tenerife, Spain, 7th May, 2022, Chainwire After a couple years riddled with tension brought about by the COVID-19 pandemic, the world’s reaction to it, and the struggles of the global economy to get back on track, people are starting to remember what it feels like to be normal...
A popular crypto strategist and trader thinks that Bitcoin (BTC) and the altcoin markets are poised for a massive correction. The pseudonymous crypto analyst Capo tells his 266,300 Twitter followers that Bitcoin’s “main target” is between $21,000-$23,000. Source: Capo/Twitter Bitcoin is trading at $36,117.66 at time of writing,...
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued its first-ever sanctions on a crypto mixer. The mixing service was used by Lazarus Group to process illicit proceeds from the $620 million crypto heist of the online game Axie Infinity, said the Treasury...