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Cardano’s Stablecoin Djed Reaches First Major Milestone: Details

Cardano’s Stablecoin Djed Reaches First Major Milestone: Details

The issuer of the first overcollateralized stablecoin on Cardano, COTI Network, has reported receiving its first bundle of transaction fees from Djed's circulation. As the stablecoin distribution scheme suggests, the fees received in ADA were

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Bonk (BONK) Slumps 98%, Here’s Why Hype Ran Down So Fast

Bonk (BONK) Slumps 98%, Here’s Why Hype Ran Down So Fast

Solana-based meme coin sensation Bonk (BONK) has failed to keep up with its massive bullish momentum, with its price down 4.55% to $0.0000008447 over the past 24 hours. According to data from CoinMarketCap, BONK is

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XRP Is Not Security Even If Ripple Sells It as One, Here’s Why: CryptoLaw Founder

XRP Is Not Security Even If Ripple Sells It as One, Here’s Why: CryptoLaw Founder

Pro-Ripple lawyer John Deaton, the founder of CryptoLaw, has taken to Twitter to share an argument as to why XRP cannot be qualified as a security even if it was once sold as an investment

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Cardano-Based DJED Stablecoin Falls Below $1, Here’s Why

Cardano-Based DJED Stablecoin Falls Below $1, Here’s Why

Things have not gone exactly according to plan as the recently launched DJED stablecoin on Cardano has already lost its peg to the $1 benchmark, raising concerns among investors. However, there is no need to

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Ripple-Backed Web Monetization Platform Is Sunsetting, Here’s What Happened

Ripple-Backed Web Monetization Platform Is Sunsetting, Here’s What Happened

Coil, a web monetization platform founded by Ripple's former CTO Stefan Thomas, is sunsetting. The news was made known by Coil's CEO, Stefan Thomas. Coil made headlines in 2019 after news surfaced that Ripple was

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Charles Gasparino Asks ‘Serious Question’ on XRP’s Security Status

Charles Gasparino Asks ‘Serious Question’ on XRP’s Security Status

Media personality and FOX Business Senior Correspondent Charles Gasparino has weighed in on the ongoing legal battle between Ripple Labs Inc and the U.S. Securities and Exchange Commission (SEC). Taking to Twitter, Charles posed what

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Cardano: Understanding Role of Shen in Djed

Cardano: Understanding Role of Shen in Djed

The introduction of nonsynthetic stablecoins on the Cardano (ADA) network has been highly anticipated, and the wait has come to an end with the launch of Djed, a stablecoin developed in partnership between Coti and

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Optimism (OP) Soars 30% Amid Binance’s BUSD Integration

Optimism (OP) Soars 30% Amid Binance’s BUSD Integration

The OP price has risen 30% in the last 24 hours, reaching values close to its absolute highs of $3, which have not been seen since the token's airdrop in late spring of last year.

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Pro-Ripple Lawyer Highlights Striking Evidence in Favor of XRP in SEC Lawsuit

Pro-Ripple Lawyer Highlights Striking Evidence in Favor of XRP in SEC Lawsuit

Bill Morgan, a crypto lawyer and digital asset enthusiast, shares that his ongoing review of the Daubert challenge documents reveals a significant weakness in the SEC arguments against Ripple. https://twitter.com/Belisarius2020/status/1620896220893040641?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1620896220893040641%7Ctwgr%5Ee6bf044a8506e0a7aa48760ee09d1e1c2427becd%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fu.today%2Fpro-ripple-lawyer-highlights-striking-evidence-in-favor-of-xrp-in-sec-lawsuit In a thread of tweets,

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Canto (CANTO) Crypto Token Rallied by 720% in January: Possible Reasons

Canto (CANTO) Crypto Token Rallied by 720% in January: Possible Reasons

Canto (CANTO), a DeFi-focused Layer 1 blockchain, was in the spotlight last January. It looks like its popularity should be attributed not only to an attractive narrative and aggressive community, but also to balanced tokenomics,

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