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Recent developments suggest that Polygon’s native token, MATIC, might be poised for a resurgence. On-chain activity for the Ethereum layer-2 network has surged, indicating a possible trend reversal, even though MATIC’s price…
The TON blockchain experienced a significant disruption on Wednesday morning, halting block production for nearly six hours. The network resumed normal operations by early afternoon, Hong Kong time. The outage, which has…
A critical vulnerability in Circle’s Noble-CCTP, a key component of the USDC Cross-Chain Transfer Protocol (CCTP) on the Cosmos network, was recently identified and addressed. The issue was privately disclosed by blockchain…
The Telegram Open Network (TON) has halted the production of new blocks, leading to a significant disruption in transaction validation. This outage, which has persisted for over three hours, follows a surge…
PayPal’s stablecoin, PayPal USD (PYUSD), has reached a significant milestone, surpassing $1 billion in total market capitalization. This achievement underscores PYUSD’s growing presence in the competitive stablecoin market, where it faces rivals…
Coinbase’s layer-2 network, Base, has recently achieved a significant milestone, surpassing 1 million daily active addresses. This surge comes on the heels of the successful launch of its new “basenames” service, which…
India’s Central Bank Digital Currency (CBDC) pilot program has garnered over 5 million users, with participation from 16 banks. Despite this success, Reserve Bank of India (RBI) Governor Shaktikanta Das emphasized the…
The rising value and popularity of digital assets have made them a prime target for cybercriminals. Blockchain platform Polygon recently faced such an attack, with its community Discord channel being compromised by…
The Indian government is set to take a significant step toward regulating cryptocurrency by releasing a consultation paper on the subject between September and October 2024. This initiative, led by a panel…
Tether, the prominent stablecoin issuer, has played a crucial role in assisting over 145 law enforcement agencies in recovering more than $108.8 million USDT tied to illicit activities since its inception in…
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