Is DeFi Growth Evident as Tron TVL Surpasses $15 Billion?

Is DeFi Growth Evident as Tron TVL Surpasses  Billion?

The Tron (TRX) DeFi ecosystem has experienced significant growth and development, indicating an increase in interest and participation from users and investors. This growth is not limited to decentralized finance alone, as the Tron ecosystem’s TRX token staking has also seen an upward trajectory. This correlation suggests a more robust and dynamic Tron ecosystem. One … Read more

Cosmos: A Promising Contender for 2024 – Might it Outshine Ethereum?

Cosmos: A Promising Contender for 2024 – Might it Outshine Ethereum?

Cosmos, a blockchain platform aiming to compete with Ethereum, has unveiled its roadmap for 2024. The roadmap focuses on increasing modularity, enhancing the developer experience, addressing technical debt, and driving user adoption. Cosmos plans to attract developers from other platforms as they work to repay the technical debt and make the Cosmos SDK more modular. … Read more

Big Banks like JPMorgan and Citi Excited About Tokenizing Real-World Assets (RWA) as DeFi Seeks Collateral

Big Banks like JPMorgan and Citi Excited About Tokenizing Real-World Assets (RWA) as DeFi Seeks Collateral

The journey towards the public Ethereum mainnet has always been a sensitive matter, primarily due to banks’ cautious perception of public blockchains. These financial institutions have long viewed them as reputational and compliance risks. Tyrone Lobban, JPMorgan’s head of Onyx Digital Assets, acknowledged the significant evolution of the public Ethereum chain from the proof-of-work consensus … Read more

Uniswap Reveals Funding Strategy for Ecosystem Overhaul Amidst 4-Month Low in UNI Price

Uniswap Reveals Funding Strategy for Ecosystem Overhaul Amidst 4-Month Low in UNI Price

In a recent development, the Uniswap Foundation (UF) has submitted a proposal to secure the second tranche of funding, aiming to advance their vision of creating a self-sovereign Internet with a permissionless alternative to traditional finance. The desired funding amount is $62.37 million, and it will be put to an on-chain vote, scheduled for October … Read more

XRP and SOL Gain Investor Confidence as Crypto Experiences 6 Weeks of Outflows

XRP and SOL Gain Investor Confidence as Crypto Experiences 6 Weeks of Outflows

According to the latest data from CoinShares, crypto investment products recorded their sixth consecutive week of outflows, with $9 million exiting the digital asset space in the week ending September 24. This trend is indicative of a bearish sentiment among investors. Bitcoin witnessed its third consecutive week of outflows, with $6 million leaving the market. … Read more

Graffiti Artists in Barcelona Express Their Passion for Bitcoin

Graffiti Artists in Barcelona Express Their Passion for Bitcoin

Barcelona-based graffiti artists and enthusiasts, known as Street Cy₿er, have been using their street art talents to spread awareness about Bitcoin across Europe. Founded in January 2023, the collective consists of over 100 individuals from various backgrounds, including artists, musicians, activists, and journalists. Their artwork, which often features the Bitcoin logo or mentions the name … Read more

BigQuery, Google Cloud’s Data Warehouse, Integrates 11 Additional Blockchains

BigQuery, Google Cloud’s Data Warehouse, Integrates 11 Additional Blockchains

Google Cloud’s BigQuery service has expanded its data warehouse by adding 11 blockchain networks. The networks that have been included are Avalanche, Arbitrum, Cronos, Ethereum’s Görli testnet, Fantom, Near, Optimism, Polkadot, Polygon’s mainnet, Polygon’s Mumbai testnet, and Tron. This move aims to enhance Google Cloud’s blockchain data offering and provide more precise, accurate, and reliable … Read more

Inflation Hits 40-Year High in the US, Putting Strain on Household Budgets

Inflation

In June, inflation in the United States reached its highest point in 40 years, with an annual increase of 9.1%, as reported by the Bureau of Labor Statistics. This marks the most significant inflationary surge since November 1981. Several factors are contributing to this inflationary spike, including the situation in Ukraine, disruptions in the supply … Read more

US Economy Contracts for a Second Straight Quarter, Raising Fears of a Recession

US recession & Economic crisis

The US economic situation continued its decline for a second consecutive quarter, registering a 0.9% annual contraction from April to June. Concerns are growing that the nation might be on the brink of an economic downturn, characterized by two consecutive quarters of reduced economic activity. This downturn in Gross Domestic Product (GDP) was primarily influenced … Read more