Worldcoin becomes part of Ethereum L2: Will WLD rally again?

Worldcoin to get its L2. WLD has remained in the $4.7 price zone despite the latest announcement. Worldcoin (WLD) is known for making bold statements, and they didn’t disappoint with their latest update. After the iris scanning issue caused a stir, the company revealed plans for their Layer 2 (L2) solution. Has this news affected … Read more

Tether announces restructuring to go beyond stablecoins

Tether, the company behind the well-known USDT stablecoin and the largest stablecoin by market value, is undergoing reorganization to establish additional departments beyond managing its stablecoin operations. A major player in stablecoins unveiled a new organizational structure with the introduction of four distinct business units: Tether Data, Tether Finance, Tether Energy, and Tether Education, as … Read more

Pricing aggregators caused Pax Dollar to depeg

A Paxos representative has stated that the latest detachment of the Pax Dollar (USDP) stablecoin from its peg wasn’t due to problems within the protocol itself, but rather with pricing systems used for calculations. On April 16, the value of a Pax Dollar momentarily reached $1.29, but it quickly retreated to its original price at … Read more

OKX, Binance and Bybit monthly volumes tripled since late 2023

According to a recent study, trading activity on major decentralized crypto exchanges such as Binance has noticeably increased since the end of last year. Based on information from Bybit’s Institutional Report for 2024, several crypto exchanges experienced a minimum threefold increase in their monthly trading volumes between October 2023 and March 2024. Since October last … Read more