Latest news from the Web3 ecosystem
VC-backed Nillion is ceasing operations on its Cosmos-based chain to reorient its development efforts towards the Ethereum ecosystem. This strategic shift follows a period of declining Total Value Locked (TVL) within the Cosmos Hub.
Despite recent withdrawal trends, spot Bitcoin Exchange-Traded Funds have collectively accumulated over $53 billion in net inflows, highlighting their sustained appeal.
High-level discussions regarding stablecoin regulation have shown 'progress' between the banking industry and White House officials. While a definitive agreement remains elusive, the ongoing dialogue signifies movement on key legislative hurdles.
Ripple CEO Brad Garlinghouse has confirmed a White House meeting occurred, bringing together representatives from the cryptocurrency industry and traditional banking sector.
Etherfi, the highest fee-generating protocol on Scroll, has announced its migration to the Optimism network. This move signifies a strategic shift for the liquid restaking protocol.
Eric Trump has reiterated his bullish stance on Bitcoin, asserting that its long-term potential surpasses current price volatility, even as the cryptocurrency trades below $70,000.
Despite 'resilient' holder behavior, on-chain data suggests Bitcoin may face further price depreciation, with potential for new lows.
Crypto lender Blockfills is reportedly exploring a sale following a significant loss of $75 million in its lending business. The company had previously halted client transactions due to market volatility.
Anchorage Digital introduces 'Stablecoin Solutions,' a new service designed to empower banks with efficient, near-instant USD settlements utilizing stablecoins.
A recent paper by U.S. Federal Reserve researchers examines prediction markets, finding them to be valuable tools for policymakers and researchers.
CME Group is preparing to launch around-the-clock trading for its cryptocurrency derivatives in May. This move follows regulatory considerations for 24/7 trading in U.S. capital markets.
New analysis highlights the aggregate deposit cost basis of Binance traders at $58.7K as a critical level for Bitcoin bulls. This level may determine short-term price action.