Tether mints another $1B — Last time, it helped Bitcoin climb to $73K
    18 May 2024
    180 Views

    Tether’s USDT, the world’s largest stablecoin, has minted another $1 billion, bringing its market capitalization above $110 billion, which could catalyze Bitcoin’s next move to new all-time highs. Will more USDT boost Bitcoin’s price? Tether’s treasury has minted $1 billion worth of USDT during the past 24 hours, bringing its yearly total to $31 billion. The…

    Alex Labs freezes $3.9M of exploited funds sent to CEXs after hack
    18 May 2024
    171 Views

    Bitcoin layer-2 developer Alex Labs has successfully frozen more than $3.9 million worth of crypto that was exploited from its BNB Smart Chain bridge, according to the team’s May 16 social media post. According to the post, the attacker sent the funds to several different centralized exchanges (CEXs), which allowed them to be frozen with the…

    Blockchain gaming investments reached nearly $1B in April
    18 May 2024
    190 Views

    Blockchain gaming saw investments totaling $988 million in the month of April, the highest since January 2021. The number of daily unique active wallets also reached a record-setting 2.9 million for blockchain gaming. DappRadar, in partnership with the Blockchain Gaming Alliance, released its April blockchain gaming report on 17 May. The banner month for the…