Santander Makes Use of Ethereum Blockchain Santander just took Ethereum-based finance to a whole new level. The Spanish bank announced on Thursday morning that it had settled a $20 million bond through ERC-20 tokens, which represented...
Quick take: VISA has applied for a patent that would facilitate the creation of digital fiat currencies on the blockchain. The application mentions Ethereum (ETH) several times leading many to believe that it will be the...
Summary: On-chain analytics startup Nansen reported massive inflows into staked Ether tokens following the Merge. Ethereum’s proof-of-stake upgrade successfully shipped on September 15, EWN reported. “Smart money” investors have deployed over $33 million into locked-up Ether...
Summary: Data from Blockchain Intelligence startup Nansen shows a steady increase in the number of staked ETH. So far, users and entities have locked over 22 million coins which amount to about 18% of the token’s...
Quick take: Starbucks plans to build its own NFT collection, building a community on an environmentally sustainable Web3 platform The company will start by launching its first NFT collection based on coffee art and storytelling later...
Summary: SushiSwap (SUSHI) is now supported on BitGo’s custodial and non-custodial wallets The team at BitGo cited the SushiSwap team’s consistency and resilience as one reason to add support for SUSHI Furthermore, SushiSwap’s collaboration with Yearn...
Quick take: SushiSwap whales holding over 100k SUSHI have increased by over 74% in 2 weeks SUSHI’s value has more than doubled since the beginning of the year SushiSwap usage is high with the protocol being...
Switzerland’s SEBA Bank has launched an Ethereum staking service for institutional clients. The bank is fully regulated and says clients have been asking for staking services. Ethereum staking and the number of validators have also hit...
Regardless of one’s opinion on whether Ethereum is dying or not, cross-compatibility between tokens is clearly beneficial for moving the industry forward. Telegram is not the first messaging app company to be offering a token. Alongside...
USDT active addresses have exceeded 6 million Half the amount is on Ethereum with the other half on Tron Tether’s market cap has exceeded $48B and still dominating the stablecoin market worth $75.4 Billion Tether’s growth...
In brief: Since January 2020, Tether’s market cap has more than doubled from $4 Billion to $9.187 Billion. This is an increment rate of approximately $1 Billion per month. Ethereum’s market cap is currently at $27...
Quick take: Tether (USDT) has launched on the Polygon (MATIC) network. Polygon’s DeFi ecosystem is set to benefit from Tether’s availability on the network. USDT issued on Tron continues to be higher than that issued on...