The past few months have been challenging for the wider Web3 market. With many layer 2 solutions competing for users and TVL, which one is showing the best traction during these uncertain times?
JinseFinanceOn 4 April, Ripple unveiled plans to launch its own stablecoin, pegged 1:1 to the US dollar, alongside its existing cryptocurrency, XRP. This strategic initiative markets a significant milestone for the company as it seeks to bridge the gap between traditional finance (TradFi) and decentralised finance (DeFi).
XingChiA tiered list ranking the top 20 cryptocurrencies by market cap from F to S.
JinseFinanceIn the past few years, changes in policies and the world economic environment have caused Hong Kong to be known as a "financial ruin". Therefore, the Hong Kong government has vigorously relaxed Hong Kong policies and strived to promote development in many aspects to help Hong Kong recover.
JinseFinanceFlorida leads in U.S. crypto tax-friendliness due to no state income tax and supportive policies. New York ranks lowest with a 10.9% income tax and BitLicense. The IRS eases reporting rules, exempting businesses temporarily. Investors must grasp local tax nuances to avoid potential losses.
BerniceKlaytn Foundation, the force behind the South Korean public blockchain Klaytn, introduces $GPC (Gold-Pegged Coin) and its DeFi platform, Goldstation, marking a significant milestone for the Klaytn ecosystem. $GPC is notably the first tokenized gold available in DeFi outside Ethereum.
EdmundThe SEC has yet to propose cryptocurrency-focused rules, but it is weighing two rules it may adopt in the new year. The CFTC just voted to propose a rule that would bolster customer protections following the collapse of cryptocurrency exchange FTX.
JinseFinanceTelcoin DeFi platform faces a $1.3M crypto asset loss due to an exploit, prompting a halt in app operations. The incident triggers a 42% decline in TEL token value, causing concerns in the broader cryptocurrency market. Telcoin's response and security measures will impact user trust and market sentiment.
Cheng YuanBeing the first cryptocurrency to exist and the largest by market cap, Bitcoin has always dominated several aspects, but now ...
BitcoinistThe U.S. climb the rankings to join Germany at the summit as progressive regulations and institutional adoption drive cryptocurrency use in both countries.
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