Summary: The European Central Bank has published an informative new article on digital assets titled ‘Decrypting Financial Stability Risks in Crypto-Asset Markets’. The informative article describes the stablecoins of TerraUSD (UST) and Tether (USDT) as not...
Tether has criticized a report published by Bloomberg that talks about a renewed investigation onto it's bank fraud case. The company has alleged that Bloomberg is recycling old news for attention.
Quick take: On the 8th of September, an investor sent $1M in USDT to the Swerve Smart contract The amount was more or less lost Bitfinex CTO, Paolo Ardoino, advised the owner to open a support...
Quick summary: Tether’s daily trade volume has eclipsed Bitcoin’s. Similarly, Tether’s 7-day average transfer value has flippened BTC’s. USDT’s market cap has now hit $13 Billion hinting that Tether could eventually edge out Ethereum This year,...
Summary: Retail users make up a vast majority of DeFi users but professionals move the market Fund sent to DeFi platforms from retail users are usually below $10,000 Most of the value sent to DeFi platforms...
Quick take: The amount of Wrapped Bitcoin on Tron now stands at 15,000 This number is a 5x increment in less than a month BTCTRON now has 2,468 holders and users have transacted 46,397 using the...
In summary: The team at Weiss Ratings has concluded that ChainLink is an integral part of the DeFi revolution. Decentralized Finance is one way of bringing digital assets to the mainstream. ChainLink’s oracle network powers a...
Quick summary: Developers of TON wallet have added crypto payments functionality to the Telegram messaging application Telegram’s 550 million users can now send and receive TonCoin (TON) on the app They can also buy Bitcoin through...
Quick take: Chainlink holdings of the top 1% LINK addresses have hit a 3 year high These addresses now hold 81.737% of the total supply ChainLink (LINK) has set a new all-time high of $23.75 LINK’s...
Summary: According to data from Santiment, the top 100 non-exchange addresses have grown their bags by 5% in the last year ChainLink whales held 735.64 million LINK a year ago This number is now 771.15 million...
Quick take: Data from the team at Santiment shows that the top 100 Chainlink Whales added 18.3 million LINK tokens to their bags in 3 months Additionally, Timothy Peterson has predicted that LINK could be valued...
Quick take: Trading of NFTs is booming in the crypto-verse The top 3 NFT marketplace had a combined trading volume of $342 million in February 22 NFTs sold for more than $200k in the same month...