Aptos (APT), the Layer 1 blockchain inspired by the discontinued Diem (formerly Libra) blockchain developed by Meta, has become the latest network where investors can trade shares of Franklin Templeton’s OnChain U.S. Government Money Market Fund (FOBXX). The fund, which is the second-largest tokenized fund on the market with a…
Circle, the issuer of the second-largest stablecoin , plans to launch a dollar-denominated token on the Layer 1 blockchain Sui as early as next week, according to Circle co-founder and CEO Jeremy Allaire on Tuesday. The move was accompanied by a series of announcements for the stablecoin giant, including an…
Aptos is a Layer-1 blockchain project that focuses on delivering a more efficient, scalable and user-friendly platform for decentralized applications and smart contracts. This article will provide a comprehensive overview of Aptos by exploring its history, examining how it works and discussing its use cases. History and development of Aptos…
David Marcus, the creator behind the proposed stablecoin Libra, which was backed by Facebook, came out in support of a Republican administration and former president Donald Trump ahead of the upcoming U.S. elections. In a post on X on Wednesday, Marcus said he had taken a “gradual political 180” over…
Just months after Wormhole ‘s airdrop in April, the cross-chain project will unlock a third of its token’s circulating supply this month: 600 million tokens at a current value of about $180 million. It’s far from the only project unlocking a significant chunk of its tokens, though: ZetaChain will unlock…
The price of Worldcoin ‘s token is currently down about 80% from its peak in March, shortly after fellow Sam Altman co-founded company OpenAI released its text-to-video generative AI model Sora. And yet, Worldcoin will soon double its daily rate of token unlocks, alongside several other critical projects in crypto…
Circle is claiming bragging rights as the first global stablecoin issuer to comply with MiCA. Before the rules took effect on June 30, some exchanges delisted euro-denominated stablecoins, such as Tether’s EURT. Bitcoin Hovers Near $65.5K; Cross-Chain Bridge Wormhole Debuts at $3B Valuation Bitcoin Price Crossed $57K; Is Stablecoin USDC…
The stablecoin rules from the European Union’s Markets in Crypto Assets legislation will take effect on June 30. The rules ban stablecoins from having over 1 million daily transactions that pay for goods or services settled off- and on-chain. Tether, Circle and other big stablecoin issuers will soon be on…
The 7-day moving average of the number of user transactions on Aptos skyrocketed to 47 million at the end of May, showing stark growth considering that at the start of the month, the moving average never exceeded 1 million. Un-averaged, the number of transactions reached 156 million. For those who…
June promises to be another significant month for token unlocks in the world of crypto, as significant projects unlock over $650 million worth of tokens at current prices. Much of that sum is made up of dual $100 million unlocks from Ethereum Layer 2 network Arbitrum and buzzy Layer 1…