‘Monolithic’ blockchains outperformed in September — VanEck
    05 Oct 2024
    75 Views

    Monolithic blockchains — networks that combine different layers into a single, unified architecture — outperformed in September, according to VanEck’s latest “Crypto Monthly Recap.” The report cited Solana, Sui and Aptos price gains of 14%, 118% and 23%, respectively. Sui’s performance was attributed to a 140% gain in daily active addresses during September, resulting in the digital asset…

    Coinbase to delist noncompliant stablecoins under EU MiCA rules
    05 Oct 2024
    76 Views

    The European Union’s Markets in Crypto-Assets Regulation (MiCA) is enforcing stricter oversight of crypto-related firms, and cryptocurrency exchange Coinbase is the latest to update its offerings. On Oct. 4, Bloomberg reported that Coinbase will delist stablecoins that don’t comply with EU regulations by the end of 2024. This move aligns with the full implementation of MiCA, which…

    Ethereum inflation rises, threatens ‘ultrasound money’ status: Report
    05 Oct 2024
    95 Views

    Ethereum’s inflation rate has surged to 0.74%, raising concerns about its long-held “ultrasound money” narrative, according to Binance’s October 2024 Monthly Market Insights report. The research report indicated that the Ether issuance rate is at its highest level in two years, as reduced onchain activity and lower burn rates shift the asset’s economic status. The findings…