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SAN SALVADOR, El Salvador, April 01, 2025 (GLOBE NEWSWIRE) â Bitget Wallet, a leading Web3 non-custodial wallet, has launched the industry's first LSD Earn Zone, offering users a new way to earn onchain yields while keeping their crypto assets liquid. This feature introduces Liquid Staking DerivatâŚ
Ethereum-based DeFi protocol SIR.trading, also known as Synthetics Implemented Right, has been hacked, resulting in the loss of its entire total value locked (TVL) â $355,000 at the time of the attack. The March 30 hack was initially detected by blockchain security firms TenArmorAlert and Decurity, âŚ
The global stablecoin supply could surge to $1 trillion by the end of 2025, potentially becoming a key catalyst for broader cryptocurrency market growth, according to CoinFund managing partner David Pakman.âWeâre in a stablecoin adoption upswell thatâs likely to increase dramatically this year,â PakâŚ
Synthetix Network Token will host a community call on Discord on March 28th at 20:00 UTC. The event will include a live demonstration of their new user interface upgrade and the opportunity to trade perpetual contracts. Refer to the official tweet by SNX: Need alpha? We're back for Synthetix Alpha âŚ
Crosschain US-dollar stablecoin USDT0 has been deployed to Optimismâs Superchain, increasing access to the worldâs most widely used stable asset across Ethereumâs layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoinâsâŚ
The new USDT0 stablecoin is expanding to the rest of Optimismâs Superchain, according to an announcement on Thursday. This follows a successful launch on Krakenâs Ink layer 2, a relatively new member of the Superchain ecosystem. According to the stablecoin issuerâs announcement, USDT0 is now live onâŚ
Linear Finance is shutting down after nearly five years of trading due to profitability obstacles and a sudden drop in the market capitalization of its native token last week.The DeFi protocol has "struggled to generate sustainable returns" since its initial launch, a Thursday announcement read. "ThâŚ
Yield-bearing stablecoins, including tokenized Treasurys, which offer interest returns similar to traditional financial products, could experience massive growth ahead, according to JPMorgan analysts.Yield-bearing stablecoins currently make up just 6% of the total stablecoin market cap but could expâŚ
Chronicle, the first oracle to launch on Ethereum in 2017, has raised a $12 million seed round. This is a relatively modest amount for a protocol that already secures the largest decentralized stablecoins, Dai and USDS. The round, led by Strobe Ventures (formerly BlockTower Capital), will go towardsâŚ
How does the IRS define a crypto broker? The definition of the term âbrokerâ includes individuals or entities that regularly provide services to carry out digital asset transfers. This definition ensures that only those truly âin a position to knowâ transaction details are subject to Form 1099-DA âŚ
Crypto and blockchain-focused venture capital is unfazed by recent market volatility and is using the opportunity to uncover hidden gems in an industry thatâs only âone decade into a 30-year paradigm shift,â according to Hoolie Tejwani, the head of VC firm Coinbase Ventures. Coinbase Ventures will ââŚ
SINGAPORE, March 24, 2025 (GLOBE NEWSWIRE) â Global crypto exchange BYDFi officially announces the launch of the Nillion token (NIL). Users will be able to trade the NIL/USDT spot pair, marking the first appearance of Nillionâs native token on the platform and accelerating the adoption of privacy-âŚ