Solana to Surpass All-Time High Despite Activity Decline
The total value locked in Solana saw a 30% decline, but there is still a potential for the blockchain to reach new heights soon. DefiLlama reports that in April, the value of decentralized applications decreased by $10 billion. Furthermore, as of this writing, the Solana blockchain’s total value locked (TVL) is just $3.8 billion, down […]
Moonbirds NFTs Shift to Commercial Rights with Yuga Labs
Yuga Labs enriches Moonbirds with exclusive NFT rights, 3D avatars, and tangible items for a more engaging user experience. The copyright model of the Moonbirds NFT collection has undergone notable modifications, as announced. Yuga Labs now owns the collection, which stated that holders would want exclusive rights to market their NFTs. The prior Creative Commons […]
Ripple Collaborates to Introduce Supply Chain Finance to Japan
Ripple Labs announced that it is joining Haskey DX to simplify products powered by XRPL in the Japanese market. The American blockchain payments services provider Ripple, also the brains behind XRP, has announced that it is strategically joining forces with HashKey DX, the Tokyo-based division of HashKey Group, a financial services provider for digital assets. […]
Circle’s USDC Overtakes Tether’s USDT in Stablecoin Transaction
Circle’s USDC stablecoin has overtaken Tether’s USDT in transaction volume in 2024 based on Visa crypto payments data. Circle’s USD Coin (USDC) has outperformed its biggest rival, Tether (USDT), in terms of transaction volume, according to statistics from blockchain analytics platform Allium Labs and payment giant Visa. Visa’s analytics indicate that last week’s transaction volume […]
Trust Wallet Restored on Google Play Store After Removal
After the news surfaced, Trust Wallet’s token TWT plummeted by 5% as customers were puzzled as to why Google suspended the service without public warning. Speculators also surmised that the issue was tied to an FBI circular from last week, warning against using non-KYC platforms and solutions. Following misunderstandings on social media. A spokesman emphasized […]