The two-day-old token of Ethereum layer-2 network Starknet has more than halved in price as Ethereum infrastructure firm Nethermind and airdrop farmers dumped millions of dollars worth of the airdropped token. Starknet’s (STRK) price has dropped nearly 60% and is trading under $1.90 from a Feb. 20 top of $4.41, when it was airdropped to…

Stablecoin issuer Tether didn’t provide a definitive answer on whether or not it would cease support for the Tron network after its rival Circle ceased minting its stablecoin on the blockchain on Tuesday. “Tether tokens are issued on several blockchains, which are simply transport layers for such tokens,” Tether said in a statement to Cointelegraph…

Central bank digital currencies (CBDC) have received quite a bit of attention in recent years, sparking a fierce debate about the benefits and possible drawbacks of the technology. A digital form of a country’s fiat currency, CBDCs are centralized and backed by a nation’s central bank. In contrast, cryptocurrencies like Bitcoin are decentralized and not controlled…