Leading USD-pegged stablecoin USDC is now functional on the Tron (TRX) blockchain. USDC Now Live on Tron USDC, a digital currency tied to the price of the U.S. dollar is now available on the Tron network, a report by Coindesk confirms. For the uninitiated, USDC is jointly issued by cryptocurrency […]

Fintech giant Ripple has hired former Mastercard executive Sendi Young as Managing Director of its European operations in a bid to expand Ripple’s global financial network technology RippleNet, which uses the XRP token for its On-Demand Liquidity (ODL) solution. In a blog post, Ripple detailed that Sendi has over fifteen […]

SUNNYVALE, CA — JUNE 30, 2021 — Cook Finance (www.cook.finance) today announced the Ethereum mainnet launch of its decentralized cross-chain asset management platform to make crypto index funds more easily accessible to investors and asset managers. The Cook protocol allows asset managers to create and issue their own crypto index […]

Leading U.S.-dollar stablecoin USDC could soon expand to 10 more blockchains. USDC Going Multi-Chain USDC, the USD-pegged stablecoin issued jointly by crypto exchange Coinbase and payments firm Circle via the consortium CENTRE is mulling expansion to 8-10 more blockchains, Coindesk reports. It is worthy of note that USDC is currently […]

In a recent video, crypto analyst Austin Arnold, Co-Founder and host of the “Altcoin Daily” YouTube channel, named nine cryptoassets that he would be happy to buy and hold for at least the next five years. As The Daily Hodl reported on June 25, he started with Bitcoin: “My first $500 out […]

Popular cryptoasset influencer and analyst Ben Armstrong has named two high-speed L1 blockchains that have the potential to “unseat the big boys” (including Ethereum, Cardano, Polkadot, and Binance Smart Chain). According to a report by The Daily Hodl, in a video released on June 23 on his very popular YouTube channel “BitBoy […]

Ripple co-founder Jed McCaleb has sold little over 240 million XRP tokens so far this month, and still has a balance of over 431 million XRP in his “~tacostand” wallet, according to data from XRPScan. McCaleb is said to have started working on Ripple back in 2011, and was part […]

The NFT’s recent rise in popularity has been a major driving force in elevating its status as one of the leading applications of DeFi and blockchain technology. NFTs help tokenize real-world assets and make them secure, permanent and invaluable. In fact, anything from a rare piece of art to a […]

The total assets under management among cryptocurrency investment products dropped by 9.5% to $40.5 billion this month after the prices of leading cryptocurrencies plunged, with bitcoin falling 15.1% month-to-date and ethereum dropping 30.3% over the same period. According to CryptoCompare’s Digital Asset Management Review, average weekly asset inflows across all […]

They say the futures of the collectibles market are Non Fungible Tokens (NFTs). Over the past year, the NFT space has seen a lot of development and a steady rise in demand. The growing popularity of this brand new product class is compelling cryptocurrency exchanges to cash in on this. […]