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Bitcoin reaches one billion transactions
Bitcoin reaches one billion transactions

Cointelegraph·2024/05/05 23:52
Ethereum stablecoin volume shattered its monthly record in April, thanks to DAI
Ethereum stablecoin volume shattered its monthly record in April, thanks to DAI

The total volume of stablecoins traded on Ethereum last month was significantly higher than any month previously, but the majority of volume was contributed by a single stablecoin: DAI. DAI has been increasingly involved in complex MEV transactions utilizing flash loans, seemingly accounting for the increase in volume.

The Block·2024/05/05 20:28
Crypto has been 'validated significantly’ with spot bitcoin ETF approval, says Pantera Capital exec
Crypto has been 'validated significantly’ with spot bitcoin ETF approval, says Pantera Capital exec

Several crypto venture capital firms, including Pantera Capital, are raising new mega funds.Pantera Capital’s Franklin Bi told The Block that crypto has been ‘validated significantly’ with this year’s spot bitcoin ETF approval in the U.S., solidifying institutional investors’ conviction in the industry.

The Block·2024/05/05 13:40
ALGO, AVAX, HNT, LINK Price Analysis: May 5
ALGO, AVAX, HNT, LINK Price Analysis: May 5

Coinedition·2024/05/05 13:10
Flash
  • 17:14
    Trump: If Canada becomes the 51st state of the United States, it will be "exempt from tariffs"
    U.S. President Trump posted on the "Truth Social" platform Sunday morning local time, stating that if Canada becomes the 51st state of the United States, it will be "exempt from tariffs!" The president wrote: Therefore, Canada should become our beloved 51st state. Canadian citizens will enjoy much lower taxes, receive much better military protection and - exempt from tariffs.
  • 17:13
    SUI fell below 3.5 US dollars
    The market shows that SUI has fallen below 3.5 US dollars, currently quoted at 3.49 US dollars, with a 24-hour drop of 10.51%. The market fluctuation is significant, please manage your risk accordingly.
  • 16:52
    Data: 100 million XRP unlocked from the custodial account
    According to Whale Alert monitoring, at 22:20 Singapore time, 100 million XRP (worth $283.89 million) were unlocked from escrow. In 2017, Ripple Inc. locked up 55 billion XRP (representing 55% of the total supply) in an escrow account based on the XRP Ledger. These escrow accounts are controlled by smart contracts and automatically unlock one billion XRP each month (originally set at one billion per month before 2020, later adjusted to 450 million per month). Not all of the unlocked one billion XRP enter circulation each time; Ripple typically only uses a portion of the unlocked tokens (such as for market sales), with the remaining part being re-locked into escrow for future release. In 2020, Ripple extended its escrow contract from 55 months to 70 months to further slow down releases.
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