The stablecoin usual usd (USD0) has experienced a $ 340 million contraction in its supply over the past four days. This decrease coincides with an 8% decline in the value of the project’s USD0++ token, the staking derivative of USD0. Redemption Policy Shift Sparks Decline in USD0++ Value Throughout this past week, notable developments …
Virtuals Launches AI Agent on Ronin Blockchain With JAIHOZ Token
Ronin, a blockchain designed for Web3 gaming, has partnered with Virtuals Protocol to incorporate an artificial intelligence (AI) agent into its platform. Blockchain Collaboration Brings JAIHOZ Token to Ronin and Base Virtuals Protocol, a platform merging artificial intelligence (AI) with decentralized frameworks, claims to simplify the creation and deployment of AI agents. These agents, which […]
Cardano and Stellar Lead Altcoin Rally While Best Wallet Token Presale Hits $6.2M
Cardano (ADA) and Stellar (XLM) are shaking up the altcoin market today after a period of bearish price action. Both tokens have posted solid gains to start 2025 on a high. Meanwhile, Best Wallet’s token presale has just smashed past $ 6.2 million – adding even more buzz to an already exciting week for …
Frax Finance Eyes Blackrock’s BUIDL Token as Next-Gen Reserve Asset
Frax Finance, the issuer of the stablecoin frax usd (FRAX), which currently holds the ninth spot among fiat-pegged tokens by market capitalization, is weighing the addition of Blackrock’s BUIDL token as a reserve backing asset. A governance vote, scheduled to wrap up on Dec. 31, 2024, will decide the proposal’s fate. FIP-418: Frax Finance Weighs […]
Bitget, Uniswap, FTX Soar to Lead Top Crypto Gainers and Best Wallet Token Could Pump Next
The Christmas holiday season has already been eventful for the crypto markets, as Bitcoin and Ethereum have both pulled back from their recent peaks. Despite those bearish moves from the key market leaders, some altcoins have shown considerable strength, while others are surging skywards and giving their holders reason to celebrate. Among those are 3 […]