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advertisement Morph, a pivotal consumer segment accelerating blockchain adoption, has officially launched its mainnet on Ethereum. The mainnet launch represents a pivotal moment in the evolution of Morph’s consumer layer, going beyond the limits typically expected from layer 2 solutions. Morph’s consumer base addresses barriers to widespread adoption of blockchain, enabling ecosystem participants to exchange real assets and seamlessly execute transactions. Projects currently leveraging Morph will move to mainnet, allowing us to evolve our technology within this broader framework and thereby drive growth in our consumer base. Cecilia Hsueh, CEO and co-founder of Morph, commented on today’s news: Currently, dApps…
Active addresses increased more rapidly in October than in any other month. Prices continue to trend higher than major sectors. Dogecoin (DOGE) has been in the spotlight lately due to a spike in both price and network activity. With the increase in active addresses and significant net inflows, analysts are closely monitoring DOGE’s potential for sustained upward momentum. Dogecoin address activity drives price momentum A significant increase in active address activity has fueled Dogecoin’s recent price rise. IntoTheBlock’s data shows a significant increase in active addresses and closely tracks the coin’s price trend. An increase in active addresses typically indicates…
As the US presidential election approaches, Ripple co-founder Chris Larsen has revealed his reasons for supporting US Vice President and Democratic candidate Kamala Harris. Larsen has become the single largest donor to the crypto industry this election cycle after making two XRP donations to Harris’ campaign earlier this month. Kamala Harris takes a ‘completely different approach’ Ripple co-founder and executive chairman Chris Larsen recently joined CNBC to discuss his support for Democratic candidate Kamala Harris and crypto donations to her campaign. During the interview, Larsen asserted that his support for Vice President Harris is based on his belief that her…
The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in a Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The copy trading market is expected to double in size, growing…
Circle has signed an agreement with a Hong Kong telco to build a blockchain-based solution for the Asia-based company. The USDC stablecoin issuer said it had signed a memorandum of understanding with technology, media and telecommunications company HKT to “explore potential collaboration in developing blockchain-based customer loyalty solutions for Hong Kong merchants.” Ta. “By leveraging Circle’s expertise in Web3 services and HKT’s extensive merchant ecosystem and customer engagement capabilities, both companies will enhance the way consumers discover and engage with merchants, creating more social and dynamic engagement. We aim to develop customer loyalty solutions backed by Web3 technology that drive…
Stock markets were mixed on Wednesday as investors digested various economic indicators and company reports, while Bitcoin traded near record highs in anticipation of the upcoming US presidential election.The three major US stock indexes remained unchanged throughout the morning, but all rose slightly during the day. Major European markets closed sharply lower across the board. Google’s parent company Alphabet reported strong results after Tuesday’s close, rising about 6% in New York, but that was outweighed by disappointing results and guidance from tech company AMD, which fell more than 9%, and pharmaceutical company Eli Lilly. This was exceeded by a decline…
In an open letter to Vice President Kamala Harris and former President Donald Trump, Paxos CEO and co-founder Charles Cascarilla urged leading candidates to back the US dollar. He called for attention to stablecoins. “Blockchain and digital assets are replatforming the financial system so that it can operate over the internet in a safe, secure and transparent manner,” he said. “Stablecoins or digital dollars (US dollars digitized through blockchain technology) will revolutionize the movement of money, enable greater participation in the global economy, and ensure the dominance of the US dollar for years to come.” This is an important upgrade…
Despite the initial setback, the cryptocurrency market regained its bullish momentum in late October, with Bitcoin prices exceeding $70,000 for the first time in four months. As investor sentiment for the crypto bull market increases, these Ethereum rivals could represent the potential to turn a $1 investment into $1,000. 4 Ethereum rivals that could turn $1 into $1,000 in this bull cycle The recovery at the end of October managed to restore market sentiment towards a potential bull market. Ethereum rivals like Solana (SOL), Cardano (ADA), Toncoin (TON), and Sui (SUI) are among the frontrunners as crypto investors seek assets…
First Digital Group, a prominent player in digital asset custody and trust services across Asia, announced that its stablecoin FDUSD (First Digital USD) will be integrated into the Solana blockchain. This strategic move, unveiled at Binance Blockchain Week 2024, is part of First Digital’s broader vision to improve the accessibility, speed, and cost-effectiveness of FDUSD for users around the world. Solana joins Ethereum, BNB Chain, and Sui in the list of blockchains that support FDUSD, and the introduction furthers First Digital’s commitment to providing fast, secure, and affordable stablecoin transactions across multiple ecosystems. It will be further strengthened. Vincent Chok,…
Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. Ten years ago, XRP held the title of the second largest cryptocurrency by market capitalization. On this day…