Stablecoins inflow to Ethereum L2s rise 5% to over $2B
Stablecoins inflow to Ethereum L2s rise 5% to over $2BIn February, Arbitrum's stablecoin inflow averaged over $10 million per day as the network saw a total influx of around $300 million.
Happy MondayThe global crypto market cap is $1.03 trillion with a 24-hour volume of $34.32 billion. The price of Bitcoin is $22,524.53 and BTC market dominance is 42.3%. The price of Ethereum is $1,574.79 and ETH market dominance is 18.7%. The best performing cryptoasset sector is Yield Farming, which gained 8%.
Latest NewsStablecoins inflow to Ethereum L2s rise 5% to over $2B
In February, Arbitrum's stablecoin inflow averaged over $10 million per day as the network saw a total influx of around $300 million. BIS successfully completes retail CBDC pilot called Project IcebreakerProject Icebreaker's goal was to determine the efficacy of using CBDCs for cross-border payments between different currencies. Pakistani banks to develop blockchain-based KYC despite cold attitude toward cryptoThe eKYC platform is the second blockchain initiative launched by the State Bank of Pakistan in less than six months. SEC files emergency action against BKCoin for raising $100M through crypto fraudThe SEC said BKCoin and its principal Kevin Kang raised around $100 million from 55 investors. Israeli duo found guilty of large NFT tax evasion scheme worth $2.2MThe two were said to have made money from a sale of an NFT based on a 3D scan of the Western Wall, on of Jerusalem's holiest sites. Bitcoin’s net emissions are down for 3rd month in a rowNew data shows that the Bitcoin mining industry reduced its output by a whole mega ton of CO2 emissions in three months. ETHDenver goes beyond cringe to utility, culture and beyondA week of hacking, networking and folk singing has come to a close, proving Ethereum's cultural impact is stronger than ever before. Do Kwon’s Terraform Labs under investigation in SingaporeTerraform Labs is headquartered and registered in Singapore and this is the first time the country has publicly taken action against Do Kwon and his firm. Kraken eyes own bank amid regulatory scrutinyTwo major crypto-friendly banks — Silvergate and Signature — have come under increased scrutiny from regulators following FTX's recent collapse. Flat weekend sees Bitcoin defend $22,200: CryptoSlate Daily wMarket UpdateThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Read CryptoSlate in the app Listen to posts, join subscriber chats, and never miss an update from CryptoSlate.
|
Older messages
MacroSlate: Inflation, interest rate hikes continue to wreak havoc across the US, EU and UK
Saturday, March 4, 2023
The mantra across central banks is 'higher for longer' as the US money market swaps price at a peak rate of 5.5%.
Crypto market cap drops $51 billion as Silvergate crisis deepens
Friday, March 3, 2023
Top cryptocurrencies see losses as Silvergate uncertainty spooks the market.
32,000 Voyager customers may be on the hook for bankruptcy clawbacks
Thursday, March 2, 2023
Trustees of the Voyager estate may go after customers who withdrew funds up to 90 days before the platform filed for bankruptcy.
Former Biden adviser urges development of digital dollar to ‘crowd out’ private crypto
Wednesday, March 1, 2023
Daleep Singh told the senate banking committee that developing a CBDC is the best way to combat sanction evasion and financial crimes via private crypto.
Visa, Mastercard to push back on crypto-related services
Tuesday, February 28, 2023
Visa and Mastercard have moved to suspend the launch of crypto-related services until market conditions and the regulatory environment improve.
You Might Also Like
Bitcoin futures break records with 29% OI surge in November
Sunday, November 17, 2024
Bitcoin derivatives market surges as institutional confidence grows amid post-election rally. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Asia's weekly TOP10 crypto news (Nov 11 to Nov 17)
Sunday, November 17, 2024
CZ and Vitalik attended an event in Bangkok hosted by Binance Labs in collaboration with the BIO Protocol, showcasing leading DeSci projects. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Navigating DAO Priorities: Balancing Retroactive Rewards and Future Funding | BanklessDAO Weekly Rollup
Saturday, November 16, 2024
Catch Up With What Happened This Week in BanklessDAO ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Gary Gensler claims SEC helped crypto, takes credit for Bitcoin ETFs, dismisses altcoins and hints at resignation
Saturday, November 16, 2024
Gensler also excluded Ethereum and stablecoins from other digital assets which he deems 'non-compliant.' ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Linea Plans to Launch Token in Q1 Next Year, Movement Set to Launch Mainnet, Over $10 Mill…
Saturday, November 16, 2024
Ethereum Layer 2 network Starknet announced that it will launch STRK token staking on the mainnet on November 26. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Linea Plans to Launch Token in Q1 Next Year, Movement Set to Launch Mainnet, Over $10 Mill…
Saturday, November 16, 2024
Ethereum Layer 2 network Starknet announced that it will launch STRK token staking on the mainnet on November 26. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Trump could put billions into US Bitcoin reserve without Congress approval
Friday, November 15, 2024
David Bailey suggests over $10 billion could be put into a reserve before needing to get Congress to approve funding. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Gaming Weekly - 📈 OpenSea is set to undergo a revamp; McDonald's announced a collaboration with NFT brand D…
Friday, November 15, 2024
OpenSea is set to undergo a significant revamp. McDonald's announced a collaboration with NFT brand Doodles. Lamborghini launches Fast ForWorld Revuelto NFT mint. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: Bitcoin Market Cap Surpasses Silver, U.S. Advances Initiative to Include Bitcoin in Strategic…
Friday, November 15, 2024
As Bitcoin approaches $90000, its market capitalization has reached $1.751 trillion, surpassing silver's $1.734 trillion, placing it eighth among global assets by market value. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Solana outshines Ethereum with 123 million active addresses in October; Ethereum launches …
Friday, November 15, 2024
Solana outshines Ethereum with 123 million active addresses in October. Ethereum launches Mekong testnet to preview Pectra upgrade. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏