Cryptocurrency Market

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  • Market Cap: $2,184,720,486,220.10
  • 24h Vol: $105,757,675,555.97
  • BTC Dominance: 55.91%

Digital Currency

us-treasury-and-white-house-to-hold-regular-meetings-on-cbdcs-and-payment-innovations

US Treasury and White House to Hold Regular Meetings on CBDCs and Payment Innovations

Leave a Comment / American CBDC, Atlantic Council, Bitcoin, CBDC, CBDC ideas, CBDCs, central bank digital currencies, Central Banks, consumer protection, Council of Economic Advisors, Crypto Hacked, Cryptocurrency, Digital Currency, Equity, Ethereum, Executive Order, Federal Reserve, financial inclusion, financial industry, Financial Regulation, Financial Services, financial system, global financial leadership, illicit finance, Joe Biden, National Economic Council, National Security, National Security Council, Nellie Liang, News, payments innovations, Privacy, Research and development, Stablecoins, trade-offs, unbanked population, US CBDC, US government, US Treasury / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 1, 2023, Nellie Liang, undersecretary for domestic finance at the U.S. Treasury, delivered a speech to the Atlantic Council in Washington concerning the subject of central bank digital currencies (CBDCs). Liang detailed during her speech that a CBDC is one of several options for “upgrading the legacy capabilities of central bank money,” and […]

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Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn

Leave a Comment / adoption, Analysis, Avalanche, bbqcoin, Bitcoin, Blockchain, bnb coin, Cardano, chncoin, Coinmarketcap.com, Crypto, crypto economy, crypto exchanges, Crypto Hacked, Cryptocurrency, devcoin, Digital Currency, Economy, Ethereum, feathercoin, Finance, freicoin, growth, Innovation, Internet, investment, ixcoin, litecoin, loss, market, Market Cap, Market Capitalization, Market Updates, mincoin, namecoin, novacoin, peercoin, perspective, Profit, Regulation, Solana, Speculation, Stablecoins, Technology, terracoin, Tether, trading, trend, usd coin, valuation, volatility, Wallets / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally, the market capitalization of the crypto economy has grown significantly, increasing by

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solana-blockchain-experiences-technical-glitch-causing-transaction-slowdowns

Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns

Leave a Comment / Altcoins, Bitcoin, block finalization, Block Production, Blockchain, blockchain technology, cluster instability, command-lines, Crypto Hacked, Cryptocurrency, cryptocurrency market, decentralized finance, DeFi, Digital Currency, digital wallets, Engineers, Ethereum, forking event, mainnet-beta, Outages, root production, slowdowns, Smart Contracts, Snapshot, Solana, Solana outages, Solblaze, technical glitch, tps, transaction failures, Upgrade, Validator, version, Virtual Currency / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that a coordinated restart was launched to accelerate block finalization. Solana Blockchain Deals With ‘Large Forking Event’

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busd-stablecoin-drops-from-top-10-crypto-assets-amid-significant-decrease-in-dominance

BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance

Leave a Comment / Altcoins, Asset, Asset Management, Binance, Binance BUSD, Bitcoin, Blockchain, BUSD, Circulation, CoinGecko, Crypto, Crypto Hacked, Cryptocurrency, Decentralization, Digital Currency, dogecoin, Dominance, Ethereum, Exchange, Fiat, Market Cap, Parity, Paxos, Portfolio, redemption, Stablecoin, stablecoin assets, Stablecoins, Tether, Top Ten, trading, Trading Volume, Turkish Lira, US Dollar, USDT / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12 billion, compared to the meme

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citizens-trust-bank-to-hold-$65-million-in-usdc-reserves-as-circle-expands-bank-partnerships

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

Leave a Comment / Atlanta, Balance Sheet, Bitcoin, Blackrock, BNY Mellon, Circle, Citizens Trust Bank, community banks, Crypto Hacked, Cryptocurrency, cryptocurrency asset, Cynthia N. Day, Digital Currency, Ethereum, fast-growing markets, Financial Institutions, financial literacy initiatives, HBCUs, launch event, local schools, Market Capitalization, MDIs, minority-owned depository institutions, New York Community Bancorp, News, SEC, seed grant, Stablecoin, United States, US dollar-pegged, usd coin, USDC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the stablecoin’s denominated reserves to minority-owned depository institutions (MDIs) and community banks across the United

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Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability

Leave a Comment / Assets, Avalanche, Binance Smart Chain, Bitcoin, blockchain interoperability, Blockchain Networks, cross-chain bridge, Crypto Hacked, Cryptocurrency, development lab, Digital Currency, Ethereum, Github draft, ledger objects, legal battle, Market Capitalization, Mayukha Vadari, News, proposed technology, Ripple Labs, Ripplex, SEC, server type, Settlement, Social Media, software engineers, Solana, transaction replay, transactions, unregistered security, us regulator, XRP, XRPL developers, XRPL network, XRPL Standards / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function and suggests ways to prevent transaction replay. Ripplex Dev Proposes XRPL Cross-Chain Bridge

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helium-network-migration-to-solana-blockchain-in-march-drives-significant-gains-for-sol-and-hnt-tokens

Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens

Leave a Comment / Altcoin Development, Altcoins, Bitcoin, Blockchain, Blockchain network, blockchain technology, commercial demand, Core Developers, crypto assets, Crypto Hacked, Cryptocurrency, cryptocurrency market, Data Transfer Accounting Oracles, Digital Currency, digital wallets, Ethereum, Finance, Governance, Helium Network, hotspots, Internet of Things, investment, IoT, LNS, Market Valuation, Migration, network of networks, network scalability, network transition, network upgrade, PoC Oracles, Solana, technical development, Token, token holders / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana blockchain on March 27. Helium Network’s native token, helium, has also risen, jumping 25% over the past week against the greenback. Core Helium Devs

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bitcoin-continues-to-record-blocks-above-the-3.75-mb-range-as-ordinal-inscriptions-near-150,000

Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000

Leave a Comment / Bitcoin, Block Size, Blockchain, Blockchain Explorer, Consensus, Crypto Hacked, Cryptocurrency, Cryptography, Decentralized, Demand, Digital Asset, Digital Currency, Economy, encryption, Ethereum, Finance, Hardware, Innovation, investment, market, Marketplaces, Mining, minting, network, News, NFTs, nodes, on-chain fees, Ordinal inscriptions, ordinal marketplace, ordinal support, Ordinal Trend, ordinals, ordinalsbot.com, Peer-to-peer, Scalability, Security, Software, Technology, trading, Transaction, volatility, Wallets / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks and is currently coasting

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Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase

Leave a Comment / AI research, alternative investments, anonymous sources, Bankruptcy Case, Bitcoin, charitable donations, Cooperative AI Foundation, Crypto Hacked, Cryptocurrency, Digital Assets, Digital Currency, Digital Tokens, employee discount, Ethereum, Financial Markets, Financial Technology, FTT, FTT Token, ftx, FTX Token, fundraising, News, Polaris Ventures, Ruairi Donnelly, token sale, unpaid wages, Virtual Currency / / / , , , , , , , , , , , , , , , , , , , , , , ,

A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating the tokens to Polaris Ventures, a

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digital-gold-traded-for-digital-rubles-by-russia’s-rosbank

Digital Gold Traded for Digital Rubles by Russia’s Rosbank

Leave a Comment / Atomyze, Bitcoin, Blockchain, CBDC, Crypto Hacked, Cryptocurrency, Deal, DFAs, Digital Assets, Digital Currency, digital financial assets, digital gold, digital ruble, Ethereum, Finance, gold, purchase, Rosbank, ruble, Russia, russian, sale, Transaction / / / , , , , , , , , , , , , , , , , , ,

Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking institution stated. Rosbank and Atomyze Exchange Gold and Rubles in Digital

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