USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
Rival stablecoin tether (USDT) has grown to its most dominant since May 2021, now representing 60% of all stablecoins in circulation.Source
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Entries by GRYZUoDLu7t8z22
Ethereum’s Shanghai Is Nearing, but When Can I Withdraw My Staked ETH?
Even though the Ethereum blockchain’s Shanghai hard fork (also known as Shapella) will go live April 12, you might not receive your rewards immediately if you have staked ETH with a staking service or a staking pool.Source
Stargate Members Discuss Plans for $2M Worth of Arbitrum Tokens on Community Call
The distribution of more 1.6 million ARB tokens will deepen the connection between Arbitrum and Stargate.Source
Crypto Exchange Gemini Looking to Launch Overseas Derivatives Operation: The Information
Binance’s legal troubles and the collapse of FTX may have left an opening for others to grab market share in the crypto derivatives business.Source
Coinbase Aims to Stay in Canada; Binance Could Be Poised to Exit Amid Regulatory Shakeup
The moves come as the country tightens rules for cryptocurrency exchanges.Source
Crypto Exchange Trader Joe Booms on Arbitrum, Spurring JOE Token Rally
Trader Joe is seeing activity spike on its Arbitrum crypto trading venue.Source
That Binance Suit Sure Seems Bigger Than Just a CFTC Case
Between Coinbase, Binance, Justin Sun, Do Kwon and Custodia, there has been just so much news over the last week. And that’s largely just the U.S. But Binance is the most interesting, not only for what happened (the Commodity Futures Trading Commission sued it), but also for what didn’t (the Department of Justice hasn’t filed […]
Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,’ CEO Says
A publicly-available token burn function in the contract allowed attackers to manipulate the protocol, some said.Source
The Algorand Foundation Branches Out to India
Blockchain protocol Algorand (ALGO) has entered the world’s most populous country, India, with a project that aims to support the nation’s transformation from the back office of the Web2 world to the innovation hub of the Web3 world.Source
The Liability of DAOs and Their Founders Has Been Put to the Test in Court
Decentralized Autonomous Organizations (DAOs) are beginning to look like general partnerships in the eyes of U.S. courts.Source