LATAM crypto update: Lemon launches virtual cards in Argentina, crypto ATM usage in Colombia grows 25%

LATAM’s cryptocurrency scene is witnessing notable growth this week, with Lemon launching virtual cards in Argentina and the use of crypto ATMs in Colombia surging by 25%. These developments highlight the region’s increasing embrace of digital assets, offering new opportunities for users and businesses alike. дальше »

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LATAM crypto update: Stablecoins lead in use cases; Argentina’s SatoshiTango launches dollar deposits

Latin America’s cryptocurrency landscape is undergoing significant changes, with stablecoins emerging as the dominant digital asset class in the region. According to a recent Chainalysis report, stablecoin usage is growing rapidly as Latin Americans seek financial stability amid economic challenges. дальше »

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Solana’s Network Usage Skyrockets: On-Chain Transfer Volume Reaches New Height

Solana continues to demonstrate its robust stance in the broader blockchain sector following a recent significant increase in on-chain activity, with transaction volumes and user engagement rising massively across its network. дальше »

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Internet Computer cross-chain protocol usage up 13x amid Bitcoin DeFi boom

Network activity across all Internet Computer protocols has increased 150% year-over-year, according to Dfinity. 

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Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction. дальше »

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Chainalysis: Ukraine, Russia lead in crypto adoption at all levels

Eastern Europe sees growth in crypto usage as institutional and grassroots adoption rise in Ukraine and Russia, fueled by large transactions and retail use amid regional instability. Crypto adoption is accelerating across Eastern Europe, led by robust institutional and grassroots… дальше »

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Shiba Inu Leaves Trillionaire Club, Ripple CTO Puts End to XRP Usage Concerns, Litecoin ETF Hype Triggers Unexpected Inflow: Crypto News Digest by U.Today

Read about the latest crypto events with U.Today’s daily news digest! дальше »

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Ripple CTO Puts End to XRP Usage Concerns

Ripple CTO David Schwartz responds to XRP community ahead of Ripple USD (RLUSD) launch дальше »

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Solana (SOL) Price Targets 27% Hike as Network Usage Surges

Solana sees a surge in user activity and DeFi volume, driving SOL's potential to reach $210, but risks remain if demand weakens. The post Solana (SOL) Price Targets 27% Hike as Network Usage Surges appeared first on BeInCrypto. дальше »

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Stripe's Acquisition of Bridge Validates the Usage of Stablecoins: Bernstein

Stablecoins have emerged as the main use-case for blockchains, especially for cross-border payments, the report said. дальше »

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Freedom Factory launches every-day carry (EDC) delivering seamless onchain transactions to the palm of your hand

Coinscribble by Coinbound - Freedom Factory proudly unveils the dGEN1, a groundbreaking onchain EDC designed to make crypto interactions seamless on mobile. Crypto development and usage is hindered The post Freedom Factory launches every-day carry (EDC) delivering seamless onchain transactions to the palm of your hand appeared first on AMBCrypto. дальше »

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Bitfinex backs payments chain Plasma’s bid to expand USDT on Bitcoin

Bitfinex has invested in Plasma, a payments, real-world assets and decentralized finance infrastructure platform focused on Bitcoin. The Bitfinex team announced via X on Oct. 18 that it had invested in Plasma to help scale Tether (USDT) usage on Bitcoin… дальше »

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DeFi remains popular amid explosion in crypto usage: a16z report

The decentralized finance ecosystem continues to grow despite recent challenges as overall crypto usage hits record levels, venture capital firm Andreessen Horowitz (a16z) said in a new report. In its “State of Crypto” report published on Oct. 16, a16z noted… дальше »

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Crypto Usage Setting Records Amid Regulatory Uncertainty, A16z Says in Report

The report highlights a dramatic increase in blockchain activity, with 220 million addresses interacting with the technology at least once in September, triple the number in late 2023. дальше »

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Stablecoin usage surged in Q3 as market cap hits $170b: Coinbase

The third quarter of 2024 saw a surge in stablecoin use and adoption, according to Coinbase’s 4th Quarter Guide to Crypto Markets report with Glassnode.  Stablecoins hit an all-time high market capitalization of nearly $170 billion in Q3 2024, according… дальше »

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Dogecoin usage hits THIS major milestone: How will DOGE benefit?

DOGE addresses and its velocity increased sharply in the recent past.  Analysis revealed that the memecoin was testing a crucial resistance.  Dogecoin [DOGE] has achieved a remarkable mileThe post Dogecoin usage hits THIS major milestone: How will DOGE benefit? appeared first on AMBCrypto. дальше »

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Dapps see 70% surge in usage to hit record activity levels during Q3

Decentralized applications (dApp) registered a significant 70% surge in daily unique active wallets (UAW) between the second and third quarters, reaching an all-time high of 17. 2 million, according to DappRadar’s third-quarter report. дальше »

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Stablecoin usage surges in Latin America amid continued struggle with high inflation

Stablecoins like USDT have become a key financial tool in Latin America that helps citizens navigate persistent economic volatility, according to Chainalysis’ global adoption report. The region, which accounts for 9. дальше »

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High inflation vs regional conflict: Which leads to higher adoption of Bitcoin and crypto?

Recent analyses indicate a significant positive correlation between rising inflation rates and increased crypto adoption worldwide. Countries experiencing high inflation are witnessing a surge in crypto usage as individuals seek alternatives to devaluing national currencies. дальше »

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Crypto Experts Agree Lunex Network Simplified Trading Platform Will Accomplish Top 10 Rank Leapfroging Tron and Toncoin

TRON and Toncoin are seeing significant increases in their network usage, making analysts extremely bullish on these tokens. While TRON and Toncoin are still prone to market fluctuations, Lunex Network has gone viral and is quickly becoming the best crypto presale. дальше »

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Ethereum Burn Rate Surges 1,600%, But Whale Dumping Holds Back Gains – Will ETH Break Free?

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Will this token soar and dethrone DOGE in the next bull run?

For years, Dogecoin (DOGE) has been the leader in meme coins powered by community contributors and celebrities like Elon Musk. However, as the crypto world keeps shifting, DOGE’s supremacy is becoming questionable as new tokens sprouting out offer practical usage. дальше »

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Binance Coin to rally? Active addresses and liquidations suggest...

BNB’s daily active addresses surged from 797.3K to 879.1K, signaling rising network usage. Liquidation of $311.1K in shorts adds bullish momentum as BNB eyes further price gains. Binance CThe post Binance Coin to rally? Active addresses and liquidations suggest... appeared first on AMBCrypto. дальше »

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Sky votes to remove Wrapped Bitcoin as collateral amid community concerns

Sky, formerly MakerDAO, decided to remove the usage of Wrapped Bitcoin (WBTC) as collateral for borrowing through a governance vote concluded on Sept. 19. BA Labs, the former Risk Core Unit, was named stability advisor for the process. дальше »

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Russian Finance Ministry targets crypto miners with energy usage tax

Russian Finance Ministry revealed plans to introduce a tax on the energy consumption of crypto miners. This move was seen as a precursor to Russia imposing taxes directly on miners' profits. дальше »

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Is NEAR's recent price rise just the beginning?

Near Protocol has seen a massive surge in daily transactions, suggesting high network usage.  The network growth and high Open Interest suggested long-term bullish outlook. Near Protocol [NThe post Is NEAR's recent price rise just the beginning? appeared first on AMBCrypto. дальше »

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Bitcoin Lightning Network growth slows down - What's happening?

The Bitcoin Lightning Network has seen a sharp drop in key metrics amid declined usage.  However, BTC payments continued to gain popularity after the recent endorsement by Trump and the State The post Bitcoin Lightning Network growth slows down - What's happening? appeared first on AMBCrypto. дальше »

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2,024% Spike in Shiba Inu Token Transaction Fees Shocks Shibarium

Shibarium's transaction fees have skyrocketed by over 2,000% in just 24 hours, as network activity surges and BONE usage for gas soars дальше »

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Coinbase’s Layer 2 Base hits new milestone, details here

Base achieved a record-breaking number of transactions, reflecting a rise in adoption and usage. The recent launch of cbBTC on Base plays a significant role in driving new user activity and expThe post Coinbase’s Layer 2 Base hits new milestone, details here appeared first on AMBCrypto. дальше »

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Survey: Stablecoins on track to settle $5.3t in 2024 despite hurdles

Stablecoins settled $3.7 trillion in 2023 and are on pace to reach $5.28 trillion in 2024, with growing usage beyond exchange settlement, new research shows. Stablecoins continue to solidify their role in the global financial landscape, with settlement volumes reaching… дальше »

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Bitcoin Mining Emissions – Surprise New Research Findings

As the need to be more eco-friendly becomes ever more apparent, cryptocurrencies have often been sharply criticized for their environmental impact. Being the most well-known of them, Bitcoin has inevitably become tainted with a reputation for the high resource usage required for Bitcoin mining, However, newly released research might paint a slightly different picture and could start changing perceptions around these issues. дальше »

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Cardano Foundation Reports Massive Growth In These Key Metrics – ADA Price Soars 3%

In August, the Cardano (ADA) ecosystem experienced significant growth across several key metrics, coinciding with the anticipated Chang upgrade, which was successfully implemented on September 1. Despite the bearish market sentiment that affected ADA’s price during this period, the Cardano Foundation reported increased investor activity and blockchain usage. дальше »

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Binance to launch fixed rate loans in USDC and FSUSD stablecoins

Binance's fixed rate loans in stablecoins could enhance financial predictability and stability for users, potentially increasing platform trust and usage. The post Binance to launch fixed rate loans in USDC and FSUSD stablecoins appeared first on Crypto Briefing. дальше »

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Inferno Drainer usage triples as crypto scams soar in 2024

According to data from Web3 security firm Blockaid, the number of Inferno Drainer DApps surged to 40,000 by the end of July.

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Solana (SOL) Network Activity Poised to Hit 2024 Record Lows

Solana's network usage in August hits record lows for 2024, with active addresses plummeting. The post Solana (SOL) Network Activity Poised to Hit 2024 Record Lows appeared first on BeInCrypto. дальше »

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Bitcoin advocate rebuts IMF Report on crypto carbon emissions

A recent International Monetary Fund report claiming a surge in carbon emissions from AI and crypto usage has sparked a rebuttal from Bitcoin advocate Daniel Batten.  The report suggests that regulators should impose a ‘crypto carbon’ tax due to the… дальше »

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Shiba Inu (SHIB) Sees Drop in Network Usage Amid Unusual Spike

The recent downturn in SHIB's price can be attributed to a lack of notable interaction on its network. But there is more. The post Shiba Inu (SHIB) Sees Drop in Network Usage Amid Unusual Spike appeared first on BeInCrypto. дальше »

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Russia Moves to Legalize Crypto Use for International Payments—Here’s Why

According to the latest reports, Russia is now accelerating its regulatory efforts on crypto usage—a move that comes amidst increasing international sanctions, which are impacting business operations and financial transactions. дальше »

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The promises and pitfalls of decentralized exchanges | Opinion

Offering services like bill payments via crypto or fiat purchasing capabilities pushes the idea of what a DEX can provide its user base while encouraging continuous usage. дальше »

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Polygon Labs Co-Authored Crucial Whitepaper on Web3 Adoption in Loyalty Programs

Polygon Labs, IT consulting heavyweight Accenture and Alphabet's unit Google Cloud released documents that indicate major challenges and opportunities for Web3 usage in loyalty programs дальше »

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New zero energy storage tech could lead to immortal blockchains

Today’s tech allows us to preserve data for thousands of years with zero energy usage, tomorrow’s could ensure Satoshi’s vision lives on forever. дальше »

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Ripple CTO Breaks Silence on Ripple's Plans to Increase XRPL DeFi Adoption

Ripple CTO weighs in on Ripple's plans to expand XRPL usage in company's own business to bring DeFi benefits to users дальше »

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Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more

This week’s Crypto Biz also explores Tether’s new hiring, a takeover bid for Cipher, Grayscale new decentralized AI fund, Ether ETFs, and more. дальше »

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Ka.app Rolls Out the Ka. Debit Card: Simplifying Crypto Usage for Daily Transactions

Crypto wallet and payment platform Ka.app announced the official launch of its highly anticipated, Visa-compatible Ka. Debit Card. дальше »

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OCCRP investigation reveals surge in crypto ATM usage among scammers, criminals

Crypto ATMs, designed to facilitate converting cash to cryptocurrencies, are increasingly being exploited by scammers, according to a recent investigation by the Organized Crime and Corruption Reporting Project (OCCRP) and the Miami Herald. дальше »

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Tether hires Chainalysis’ chief economist for USDT usage reports

Tether has appointed Philip Gradwell as head of economics to improve transparency on USDT usage to regulators.

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Australia’s AUSTRAC warns of crypto’s growing role in illicit activities

Australia’s financial watchdog has expressed concerns over the surge in digital currency usage in facilitating illicit transactions. Per the 2024 Money Laundering National Risk Assessment from the Australian Transaction Reports and Analysis Centre (AUSTRAC), a financial intelligence agency, the nation… дальше »

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As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in

After the U.S. Department of Energy’s (DOE) first attempt to survey crypto mining companies about their energy usage was kneecapped by a lawsuit, the department is getting ready to try again – but this time, it’s seeking input from crypto industry participants. дальше »

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Are Floki Inu and Pepe Meme Coins Sinking: Could BlockDAG Be Your Crypto Goldmine?

Press attention is frequently drawn to the striking contrasts between stability and unpredictability in the quickly developing world of cryptocurrencies. While Floki Inu and Pepe struggle with declining prices and diminished trading volumes, BlockDAG is gaining attention with its notable growth and efforts to simplify cryptocurrency usage. дальше »

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Near Protocol (NEAR) Faces Price Pressure Amid Network Activity Drop

NEAR has seen its network usage decline in the last month. This has impacted its fees, revenue, and the value of its native coin The post Near Protocol (NEAR) Faces Price Pressure Amid Network Activity Drop appeared first on BeInCrypto. дальше »

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