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Scroll crypto
Scroll’s TVL has surpassed $1 billion, outpacing all other Ethereum Layer 2 solutions. The ‘Session One’ points program has been a key driver of Scroll’s explosive growth. Scroll’s TVL has more than doubled in the past month, rising from $435 million to over $1 billion. The overall TVL for all Ethereum Layer 2 networks has risen to $42.04 billion. Scroll’s unique approach to Layer 2 solutions has been instrumental in its rapid…
Mt Gox repayments
Mt. Gox trustee Nobuaki Kobayashi has moved 8,200 BTC to a new address. This transfer is part of the rehabilitation plan for creditors of the defunct Mt. Gox exchange. The move has sparked speculation about potential market impact. In a recent development, Nobuaki Kobayashi, the trustee overseeing the Mt. Gox Bitcoin rehabilitation process, has transferred 8,200 BTC to a new address. This move comes as part of the ongoing efforts to…
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CBDCs are gaining traction globally, with major economies exploring their potential. They offer benefits such as faster, cheaper, and more secure cross-border transactions and increased financial inclusion. Concerns about surveillance, control, and the potential for abuse of power are growing. AI plays an important role in the development and implementation of CBDCs, but also raises concerns about bias and discrimination. It’s…
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Tether appoints Philip Gradwell, former Chief Economist at Chainalysis, as its new Head of Economics. Gradwell brings expertise in digital asset analysis and aims to shift the conversation around digital assets towards practical economic use cases. His appointment strengthens Tether’s regulatory strategy and enhances transparency in the cryptocurrency ecosystem. USDT’s market capitalization reaches $112 billion, with a 69% dominan…
Matcha has unveiled a new price engine for high-value DEX trades up to $10 million. The new price engine offers “best routes” for large-scale trades, making them more efficient and cost-effective. Matcha’s smart order routing system ensures quick and efficient trade execution. The new price engine is expected to attract more whales to the platform, increasing liquidity and trading volumes. Matcha’s innovation is a significant s…
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