Ethereum layer 2s hold $13.5B stablecoin supply
Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.
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Canadian Cryptocurrency Exchange QuadrigaCX Files for Creditor Protection in Nova Scotia
Following months of financial and legal troubles, major Canadian cryptocurrency exchange QuadrigaCX has filed for creditor protection, according to an official announcement on Jan. 31.Per a statement on the exchange’s website, the firm filed an application for creditor protection in the Nova Scotia Supreme Court today in compliance with the Companies' Creditors Arrangement Act (CCAA).…

Dash Releases Upgrade In Response to Newly Exposed Vulnerabilities
Dash has released Dash Core v0.14.0.3, a new version of the wallet and P2P client for its cryptocurrency DASH in light of recent transaction spikes on its mainnet. Security upgradeDash Core announced the news in an official blog post on Aug. 15. According to the announcement, Dash was hit with either an external stress test or…

Crypto-friendly Stripe weighs public offering: Report
In 2021, Stripe raised $600 million from a group of investors at a valuation of $95 billion, making it one of Silicon Valley's most valuable startups. 247 Total views 1 Total shares Own this piece of history Collect this article as an NFTInternet payment processor Stripe is reportedly eyeing a public offering and has set…

Swiss Private Bank Says 400 New Clients Demanding Crypto Products
Swiss private bank Maerki Baumann has had a deluge of over 400 new clients wanting to tap its future blockchain offerings since it revealed its interest in the sector.Swiss Info reported on Aug. 22 that the Zurich-based institution — which has $8.2 billion AUM but faces stiff market competition and an erosion of its margins…

Controversial Australian Ex-Minister Enters Blockchain Insurance Space
Australia’s former Minister for Broadband, Communications and the Digital Economy has become chairman of the advisory board for an insurance-focused blockchain firm.Stephen Conroy — an Australian Labor Party Senate member from 1996–2016 — has joined the Melbourne-based blockchain firm Day By Day, according to a Dec. 18 report from ZDNet.Day By Day is focused on…

Alameda Research ‘happy to return’ $200M loan to Voyager Digital
The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September. 458 Total views 44 Total shares Quantitative trading company Alameda Research will return an estimate of $200 million to Voyager Digital, which is proceeding through bankruptcy. Alameda borrowed the funds in cryptocurrencies in September 2021.…

Synthetic assets get real: competition for scalability, new markets heats up
Two new synthetic asset and derivatives platforms look to take a slice of Synthetix’s pie 145 Total views 1 Total shares Synthetic assets, one of the most promising use cases for decentralized finance (DeFi), is becoming an increasingly competitive landscape as two new projects aim to bring scalability and new markets to traders. On Friday,…

AI Firm Core Scientific Acquires Creator of Mining Program Honeyminer
Blockchain and artificial intelligence startup, Core Scientific has acquired Stax Digital to further develop its infrastructure and software solutions.Creator of HoneyminerIn a Sept. 27 press release, Core Scientific announced the acquisition of blockchain mining company Stax Digital, the creator of the most widely used GPU mining program, Honeyminer. Stax Digital’s CEO, Noah Jessop, said: “With Core…