Ethena is witnessing a sharp rise in on-chain activity, with daily active addresses and new wallet creation surging to levels not seen …
network
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DeFi
Creek Finance Launches XAUm Token on Sui Network, Expanding Yield-Bearing Tokenized Gold Access on DeFi
by shayaanby shayaanIn a strategic move to spearhead the accessibility of tokenized gold products within the DeFi landscape, Creek Finance, a decentralized RWAfi protocol, …
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Regulation
South Korea arrests 23 over USDT laundering for Cambodian fraud network
by shayaanby shayaanSouth Korean authorities have dismantled an alleged cryptocurrency laundering operation that moved 16.8 billion won ($11.1 million) through $USDT transactions and exchange …
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Mining
Bitcoin Network Is Set to Experience One of the Largest Mining Difficulty Drops in Its History Today
by shayaanby shayaanThe mining difficulty on the Bitcoin network is expected to drop by approximately 9.55 percent in about eight hours. According to data …
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TL;DR LG Electronics is piloting an onchain advertising network on Arbitrum. The project is designed to make ad performance more verifiable while …
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TL;DR Kraken has enabled deposits and withdrawals of USDCx on Canton Network. USDCx is backed 1:1 by USDC held in Circle’s xReserve, …
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TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stablecoin backed …
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TL;DR Chainalysis says law enforcement has dismantled AudiA6, a crypto laundering network linked to ransomware and darknet activity. The firm says the …
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Arbitrum’s ARB token has climbed as much as 10% after LG Electronics unveiled a blockchain-based advertising network built on the Ethereum layer-2 …
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Mining
Expert Flags Bitcoin’s First Hashrate Bear Market as Network Sheds 145 EH/s
by shayaanby shayaanKey Takeaways Bitcoin’s network hashrate dropped 145 EH/s since May 28, falling to 885 EH/s as prices slide to February lows. Hashprice …