Deutsche Telekom’s T-Systems MMS taps Polkadot, buys DOT tokens
T-Systems MMS will be running numerous private as well public validators for the Polkadot network. T-Systems MMS has also acquired DOT tokens, and supports interoperability between decentralized blockchain networks.
The company intends to develop its own applications on the Polkadot blockchain programming framework Substrate, enabling devs to build and release a blockchain with various features for different projects’ needs.
Top 03 gainers – GameFi Category on ONUS
Following a slight recovery in the general market over the last 24 hours, the GameFi portfolio has shown many positive signals.
Radio Caca (RACA) is currently the top gainer in this category, with a strong increase of more than 31% and a surge in interest from the ONUS community, followed by VRA and ALICE tokens, which have seen a steady increase of about 10%.
Stablecoin supply grew by 388% in 2021
According to the statistics of The block, the complete capitalization of stablecoins went from virtually $30 billion in early 2021 to far more than $150 billion at press time.
In which, Tether (USDT) continues to be the dominant stablecoin with a 270% capitalization boost, from $22 billion to $81.5 billion. USDC’s capitalization greater tenfold, from $4.2 billion to $42 billion.
SHIB spikes 10% as whale buys 4 trillion SHIB
According to Whale Stats, SHIBA INU ranks as the most traded and biggest hodling token among the top 1,000 ETH wallets. An Ethereum whale added four trillion SHIB tokens worth nearly $136 million in the past 24 hours.
SHIBA INU has witnessed a growth of 10.02% in the past 24 hours. The meme coin is currently trading at $0.0000324 with a trading volume of approximately $2 billion.
Dubai World Trade Center becomes crypto zone and regulator
Dubai authorities have declared that the Dubai World Trade Center (DWTC) will soon become a comprehensive zone and regulator for digital assets.
DWTC will collaborate with the private sector and relevant entities in Dubai to enforce rigorous standards for investor protection, Anti Money Laundering (AML), Combating the Financing of Terrorism (CFT) compliance and cross border deal flow tracing.
Ethereum launches Kintsugi testnet to prepare for merge
Ethereum Foundation member Tim Beiko posted today that the Kintsugi testnet is now live. Kintsugi helps prepare for Ethereum 2.0’s “merge.”
The merge will combine Ethereum’s current mainnet, which handles transactions, with Ethereum 2.0’s beacon chain, which handles staking. If successful, this will replace Ethereum’s Proof-of-Work consensus mechanism with Proof-of-Stake, effectively ending the energy-intensive process of mining.
BitGo supports Avalanche as institutional interest in it grows
Cryptocurrency custody firm BitGo has revealed it will support the native token of the Avalanche network, AVAX, as institutional interest in it keeps on growing. The move will allow BitGo clients including exchange Bitstamp and Bitbuy to offer AVAX to their users.
SHIBA INU becomes third most-used token on Ethereum over last 7 days
The meme-inspired cryptocurrency SHIBA INU (SHIB) has become the third most used token on the Ethereum network after only two major stablecoins, USDT and USDC, as holders are becoming more active, even amid negative price action.
According to data from Ethereum blockchain explorer Etherscan, SHIBA INU had over 78,000 unique users over the last 7 days, while Tether’s USDT had 485,900 and the Centre Consortium’s USDC had 232,300.
Elrond Network integrated with The Exodus Wallet
Exodus is one of the most popular non-custodial crypto wallets, with more than 1.25M+ users worldwide. It is available on both mobile and desktop, and has recently integrated with the Elrond Network to provide its users direct access to native EGLD.
Internet vs. crypto adoption chart predicts 1 billion users by 2027
Crypto influencer Lark Davies tweeted a chart showing internet and crypto adoption rates. It’s predicted that there will be 1 billion crypto users by 2026 and 2027. That’s a fivefold increase from current estimates of around 200 million crypto users.