Get Each and Every Detailed About Crypto
In a significant token supply adjustment, the USDC Treasury has executed a major burn of 51 million USD Coin tokens on the Ethereum blockchain. The substantial token destruction was detected by blockchain tracking service Whale Alert, bringing attention to the stablecoin’s active supply management strategies. The deliberate burning of $51 million worth of USDC represents…
Stablecoins were designed to be the bridge between two worlds: offering the high-speed, low-cost, and decentralized nature of cryptocurrency with the price stability of traditional assets like the U.S. dollar. For years, however, they have operated on the fringes of mainstream finance, hindered largely by regulatory uncertainty. That era is now ending. The recent passage…
In a stunning development that has captivated the cryptocurrency market, two previously inactive Ethereum wallets have suddenly sprung back to life after eight years of complete dormancy. Blockchain analysts at Lookonchain reported that these mysterious addresses transferred a colossal 200,000 ETH—valued at approximately $785 million—to two new destinations in a movement that has sent ripples…
Chainlink has officially expanded its blockchain integration by partnering with the Canton Network, an institutional blockchain supported by global banks and technology leaders. According to Cointelegraph, the integration aims to accelerate institutional adoption of blockchain technology by bringing advanced data services and interoperability solutions to the Canton ecosystem. The collaboration introduces Chainlink’s services, including data…