US Senators Introduce Bill Prohibiting Unbacked Algorithmic Stablecoins
The Lummis-Gillibrand Payment Stablecoin Act bill would give federal and state regulators authority over stablecoin.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
The Lummis-Gillibrand Payment Stablecoin Act bill would give federal and state regulators authority over stablecoin.
The move from different wallets to support SPL tokens suggests investors’ confidence and enthusiasm towards Solana products.
South Korea will begin a pilot test project of its CBDC to determine usability and functionality for programmed transactions.
One of the primary factors contributing to USDe’s rapid rise is its unique feature of generating yield for holders, a characteristic lacking in prominent stablecoins such as USDT and USDC.
Users went on a withdrawal spree that caused the total value locked (TVL) on Parcl to plummet to $112.1 million.
Memelandia will feature a real-time leaderboard ranking meme coin and community token projects based on metrics such as TVL, number of holders, DEX trading volume, and airdrop distribution.
Bybit CEO Ben Zhou attributes the current crypto bull market to institutional investors, with a 186% increase in institutional capital flows last year.
In the absence of a cohesive regulatory framework, these notable coins have taken divergent paths to navigate the stablecoins landscape.
Currently, crypto exchanges in South Korea are competing against each other for dominance.
In its journey towards decentralized governance, control will shift from Drift Labs to a three-part structure.
The adoption of TON through Telegram-based projects including games has helped the Toncoin network rise to the top ten most valuable digital assets.
Coinbase Legal Chief Grewal has explained Tornado Cash’s recent filing against the Treasury Department’s case in support of privacy.
Once it launched in April 2021, BAYC quickly catapulted to success and became the giant of the non-fungible token (NFT) space.
In the span of a few hours, RAIL’s price skyrocketed from $0.54 to $1.98, representing a huge increase of over 250%.
Participants can earn EigenLayer Points by engaging in various activities, such as restaking liquid staking tokens (LSTs).