Market News Top Crypto News Circle Expands USDC Stablecoin to New Chains – Top Crypto Updates Circle expands USDC stablecoin to five new chains Circle Internet Financial will expand USDC (the second largest stablecoin) to five new blockchains to strengthen its market position. It also unveiled a tool called Cross-Chain Transfer Protocol to enhance USDC transactions between different blockchains. USDC will begin to circulate on the Arbitrum One, NEAR, Optimism, and Polkadot chains by the end of […] Written by Cherian Varghese September 29, 2022September 29, 2022
Market News Top Crypto News DeFi Giant Aave Plans to Launch its Own Stablecoin – Top Crypto Updates DeFi giant Aave plans to launch its own stablecoin Decentralised finance (DeFi) protocol Aave is planning to launch its own stablecoin. It has created an Aave Request for Comments (ARC) for a new decentralized, collateral-backed stablecoin native to the Aave ecosystem known as GHO. The proposal for a new stablecoin is now in the hands […] Written by Cherian Varghese July 8, 2022July 8, 2022
Market News Top Crypto News Japan Passes Landmark Stablecoin Bill – Top Crypto Updates Japan passes landmark Stablecoin Bill for investor protection Japan’s Parliament has passed a legal framework around stablecoins. It aims to provide a safety net for investors in the wake of last month’s TerraUSD collapse that resulted in multi-billion losses. Stablecoins will be considered as digital money and must be linked to the yen or another […] Written by Cherian Varghese June 3, 2022June 3, 2022
Market News Top Crypto News Polygon Increases KYC Scrutiny of Potential Investments in India – Top Crypto Updates Polygon increases KYC scrutiny of potential investments in India Polygon is requiring extensive Know Your Customer (KYC) details to provide funding, investments, grants, or financial support to potential partners in India. The move is not a complete pause on funding to Indian projects but is related to increased government scrutiny. Developers in India have recently […] Written by Cherian Varghese June 1, 2022June 3, 2022
Market News Top Crypto News CoinDCX Tops $2B in Valuation – Top Crypto News CoinDCX tops $2B in valuation as investors pump in $135 million CoinDCX has raised $135.9 million (~Rs 1,000 crore) from investors led by Pantera Capital and Steadview Capital. It has doubled its valuation to $2.15 billion in just 8 months to become the most valued crypto trading platform in India. So far, CoinDCX has raised […] Written by marketfeed Team April 19, 2022April 21, 2022
Jargons Understanding the Different Types of Cryptocurrencies Cryptocurrencies have become extremely popular across the globe over the past few years. Multiple crypto exchanges have sprung up in India, making it easier for you and me to invest or trade in the tens of thousands of cryptocurrencies available today. However, it is vital that we understand the various categories of cryptos and their […] Written by Cherian Varghese November 20, 2021August 12, 2022
