2020 was a breakout year for the stablecoin ecosystem. As illustrated in The Block Research’s new stablecoin report — “Stablecoins: Bridging the Network Gap Between Traditional Money and Digital Value” — the total supply of stablecoins grew nearly ten-fold between January 2020 and January 2021. Monthly transaction volumes also swelled, growing from approximately $23.5 billion […]
The post Ethereum was home to nearly 70 percent of all stablecoins as of January appeared first on The Block.
“Stablecoins: Bridging the Network Gap Between Traditional Money and Digital Value” aspires to serve as a foundational text, for not only digital asset practitioners and enthusiasts, but financial services professionals and global policymakers as well. Although some progress has been made over the past several years toward linking the traditional financial system and the burgeoning digital assets ecosystem, there is still significant work ahead for all stakeholders. This ten-part research report, commissioned by GMO-Z.com Trust Company (GMO Trust), examines one of the fastest growing digital money innovations of the next Web: stablecoins.
The post Stablecoins: Bridging the Network Gap Between Traditional Money and Digital Value — Brought to you by GMO Trust appeared first on The Block.
The new crypto network, which raised $3.5 million in a seed round, aims to enable stop-loss orders in DeFi.
The post Zaki Manian’s new DeFi project raises $3.5 million to help traders avoid big losses appeared first on The Block.
Crypto venture capital giant Digital Currency Group (DCG) has announced its plan to invest up to $250 million in Grayscale Bitcoin Trust (GBTC).
The post Digital Currency Group plans to invest up to $250 million in Grayscale Bitcoin Trust appeared first on The Block.
Crypto payments project MobileCoin, advised by Signal creator Moxie Marlinspike, has raised $11.35 million in Series A funding.
The post Crypto project MobileCoin, advised by Signal creator, raises $11.35 million in Series A appeared first on The Block.
South Korea’s top financial regulator has introduced new penalty standards for crypto exchanges if they fail to implement proper AML measures.
The post Korean crypto exchanges to be subject to penalties for any AML failures appeared first on The Block.
The social media giant has not given any explanation as to what led to the abrupt suspension.
The post Twitter has suspended accounts of several crypto influencers appeared first on The Block.
Most of the criticism centered around the high carbon emission associated with NFTs.
The post Showcase platform ArtStation steps back from NFT proof-of-concept after backlash appeared first on The Block.
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