Jack Booth, co-founder of TON Society, believes that achieving mass adoption of cryptocurrency hinges on advancing decentralization within The Open Network (TON). In an exclusive interview with Booth, whose organization is focused on decentralizing finance and data on TON, told Cointelegraph that the TON community “is building a decentralized ecosystem” to make decentralized finance (DeFi),…

The Coinbase-developed Ethereum layer-2 network Base was briefly the number one blockchain for stablecoin volume on the same day it hit a new all-time-high transaction count. Notching a record market share of stablecoin volume on Oct. 26, Base accounted for 30.06% of all stablecoin volume, beating out other chains, including Solana, Ethereum, and Tron, for the number…

Tether CEO Paolo Ardoino took the stage at Lugano’s PlanB event in Switzerland to provide a breakdown of the reserve assets backing the company’s Tether-USD stablecoin following allegations that the firm was under investigation by the United States Department of Justice and the Treasury. Ardoino revealed that Tether holds approximately $100 Billion in US treasuries,…