DAI Hit Record $240B in On-chain Transaction Volume Last Week
DAI’s $240B record weekly transaction volume eclipsed the rest of the stablecoins combined.
The Ethereum blockchain remains a crucial centerpiece, but it is ultimately only part of a larger vision of ‘web 3.0’ – a more secure, trustworthy and globally accessible platform for agreements, finance, auditing, tracking and more.
DAI’s $240B record weekly transaction volume eclipsed the rest of the stablecoins combined.
Metis is establishing a 20% Mining Rewards Rate (MRR) for the first year, as a way to incentivize participation in sequencer mining.
Banks like the LBBW are not partnering with crypto service providers to offer digital asset services as a result of MiCA clarity.
A breakout from the tight upper Bollinger Bands at $0.69 could signal a bullish run for XRP.
Arkham Intelligence taps into several big whale wallets, funds of which are trapped into DeFi bridges such as Arbitrum and Optimism. Crypto exchange Coinbase also has $75,000 worth of funds stuck for nearly six months.
The United Arab Emirates emerges as the clear frontrunner in crypto adoption across the Middle East. Such an outlook aligns with the nation’s progressive stance on digital assets.
The deployment of the Celo Layer 2 testnet is planned for later in the summer. This will come after another round of community voting.
Some of the crypto platforms that will be blocked in Thailand include Binance and Bybit among others.
The funding will support blockchain development and the expansion of Shibarium, a key component of the Shiba Inu ecosystem.
The analyst proposed two potential remedies to EigenLayer’s yield crisis: a bottom-up and a top-down strategy.