Business
Since the start of December, Solana’s daily stablecoin transfer volume has grown 600% to $16.6 billion and now outpaces major blockchain networks, according to Artemis, an institutional crypto data platform.
Bitcoin
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Tech
Daily transactions on the Zilliqa blockchain dropped 47% to under 35,000 after a technical issue interrupted block production on Sunday.
Users can now convert EUR to and from EURC on the high-speed blockchain.
The entity behind the USDT stablecoin said it has frozen around $435 million worth of crypto for the DOJ, Secret Service and FBI.
The average transaction fee on Bitcoin has hit a 20-month high as unconfirmed transactions on the mempool continue to pile up.
Each phone is allocated BONK, the Shiba Inu-themed memecoin on Solana that has surged more than 600% over the past two weeks. The BONK allocation is now worth more than the retail price of the mobile device.
On its website, Arbitrum said that the sequencer and feed were operational again, it was working to fix technical issues and that it would conduct a post-mortem.