Author: admin

Briefly: Yala is developing YU, a Bitcoin-backed stablecoin with revenue-generating capabilities. Users will be able to mint YU by depositing Bitcoin to any destination blockchain through MetaMint. The company claims that it has already received 2,000 Bitcoin as a deposit for the protocol. Bitcoin-backed stablecoin issuer Yala has raised $8 million in a seed round led by Polychain Capital and Ethereal Ventures. The funding also saw participation from Galaxy Vision Hill, Anagram, ABCDE, Amber Group, HashKey Capital, Satoshi Lab, and UTXO Management. Kaitai Chang, co-founder and COO of Yala, said the funding was structured as a simple agreement for future…

Since thought leader Murad’s groundbreaking speech at the Token 2049 conference, inflows into meme coins have increased significantly. With projects like POPCAT and Moo Deng increasing over 3,000%, investors are now looking for the next big trend to reap life-changing returns. However, amidst this increase, Dogecoin holders face increasing uncertainty. The Elon Musk-backed memecoin is facing an exodus of investors, who are now switching to other projects with more hype. AI cryptography is of major interest and could be the next big trend in the market. AI powerhouse IntelMarkets named top ICO of 2024 For crypto investors looking to find…

Operation Chokepoint 2.0, Ethereum Innovation Push, Polymarket Whales (feat. Stani Krechov) Posted on October 10, 2024 at 12:00 PM EST. Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and special guest Stani Kulechov discuss the latest in cryptocurrencies. In this episode, the production staff dives into the latest speculation about Satoshi Nakamoto, inspired by a just-released HBO documentary. We also discuss Ethereum’s big debates around expanding block times and blob storage, and explore whether these changes can keep Ethereum competitive. The conversation gets heated with topics like the Trump whale at PolyMarket, Operation…

XRP price today: $0.5329 On Thursday, XRP prices rose following an official announcement from payments and remittance company Ripple. Ripple adds new features to its custody solution for fintech and crypto customers. XRP is poised for a nearly 8% rally and is eyeing a target of $0.5778. Ripple (XRP) increases its value by 2% early Thursday. As seen on the XRP/USDT daily chart, XRP ended its downtrend on July 13th. XRP has been testing the $0.5210 support this week, and technical indicators point to potential upside for the altcoin. Cross-border payments and remittance company Ripple has made an official announcement…

Aave DAO is considering a proposal from World Liberty Financial. This proposal would provide the DAO with a portion of WLF’s revenue. Aave has $165 million in reserves.Aave is already a DeFi juggernaut, with $165 million in its DAO treasury.But the coffers of crypto lending protocols could grow even further thanks to Donald Trump’s polarizing crypto project, World Liberty Financial.When World Liberty Financial announced that Marc Zeller, founder of the Aave Chan Initiative, a delegate platform on top of the Aave DAO, would be building on top of the Aave protocol, the Aave community was skeptical.Things changed yesterday after the…

Richard Marr founded Quantstamp after the 2016 DAO hack with the aim of improving blockchain security and preventing similar incidents. Quantstamp has completed over 700 audits and secured $200 billion in digital assets through continuous security measures. Richard Marr is one of the most important players in the rapidly changing world of blockchain, where digital assets and decentralized apps are transforming traditional banking. But it was his experience of personal loss, not direct or foreseen, that led him to pioneer blockchain security. Hard lessons learned from the 2016 DAO hack 2016 is a big year for the blockchain community and…

Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. As Solana and Dogecoin soar to new heights, Rollblock is expected to outpace them with its innovative crypto gambling platform, soaring 100x in 2024. Top altcoins Solana (SOL) and Dogecoin (DOGE) have soared significantly over the past few years, sending investors into a frenzy. Currently, crypto casino Rollblock (RBLK) is making a splash in crypto gambling, with even bigger profits expected. Roll Block is currently expected to soar more than 100x as it changes the face of crypto gambling.…

Earlier, the US Bureau of Labor Statistics reported that annual inflation rose to 2.4%, higher than analysts expected.Bitcoin is currently trading at $60,533 on the Bitstamp exchange, so this report has a relatively small impact on price movement. The cryptocurrency has fallen nearly 3% in the past 24 hours. The recently released Consumer Price Index (CPI) for September recorded an increase of 0.2%. Earlier, economists had predicted that the CPI would grow by just 0.1% in September.The US Federal Reserve may postpone further interest rate cuts in November due to higher-than-expected inflation. Schuyler Weinand of Regan Capital predicted the Fed…

Cover image (from U.Today) 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. Michael Saylor, the American businessman and CEO of MicroStrategy, known for his radically bullish stance on the major…

The Arbitrum Layer 2 Network is currently home to Paxos International’s high-yield stablecoin, Lift Dollar (USDL). This expansion opens up the Arbitrum ecosystem to users and developers. Its aim is to provide fast transactions and an inexpensive means of gaming, social applications, and decentralized finance (DeFi). USDL integration powers Arbitrum’s robust DeFi environment. Users can benefit from the unique features of a regulated stablecoin. This launch will enable participants to enjoy secure yields and fast trading. That was the point, according to Ronak Daya, head of product at Paxos. He said the expansion provided Ethereum-level security and faster speeds. -…