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Crypto Market Highlights September 4, 2022
Crypto Market Highlights News Of The Day
Cardano DeFi Ecosystem Has One Key Advantage Over Its Rivals
Cardano (ADA), the largest proof-of-stake (PoS) network, has a more democratic and independent ecosystem of decentralized finance (DeFi) protocols than its rival ecosystems, according to an anonymous community-driven account of its supporters. For more specific information, you can read the article below:
Stablecoins Adjusted Transaction Volume Grows Nearly 33% in August
Stablecoins’ adjusted transaction volume rose by 32.9% in August. Volumes increased sharply from $655.2 billion to a brand-new record-breaking $866.2 billion. The cause of this increase is attributed to the US Treasury sanctions against Tornado Cash. For more specific information, you can read the article below:
Binance Suspends Deposits And Withdrawals Of Tokens From The Defunct Terra Ecosystem
The largest cryptocurrency exchange, Binance, claims that it has just accepted Shuttle Bridged LUNC deposits and withdrawals via the Terra Classic and Ethereum networks. For more specific information, you can read the article below:
Blockstream And Sevenlabs Launch Decentralized Bitcoin Exchange
Blockstream and Sevenlabs, Bitcoin infrastructure service providers, have collaborated with Poseidon Group to develop the first decentralized security token exchange for Bitcoin in Switzerland. For more specific information, you can read the article below:
South Korean Government’s Youtube Channel Hacked With Crypto Videos About Elon Musk
On Saturday, the South Korean government’s official YouTube channel was hacked, and those responsible aired a cryptocurrency-related video. According to local media citing Seoul sources, the film also included billionaire and crypto enthusiast Elon Musk. An official with the Ministry of Culture, Sports, and Tourism overseeing the YouTube account said they were aware of the situation at 6 a.m., took security precautions, and restored the account at 7:20 a.m. on September 3. For more specific information, you can read the article below:
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Harold
CoinCu News
Author: Harold
