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Chainalysis claims stablecoin volumes could hit over a quadrillion by 2035

Chainalysis predicts that stablecoin transaction volumes could exceed one quadrillion dollars by 2035, driven by increasing adoption and integration into various financial systems. The report highlights that stablecoins are becoming essential for facilitating transactions in decentralized finance (DeFi) and other blockchain applications. Factors contributing to this growth include the rise of digital payments and the demand for stable assets in volatile markets. Additionally, regulatory developments and technological advancements are expected to further bolster stablecoin usage.

Read the full article: Coin Telegraph

Here’s what happened in crypto today

On October 3, 2023, Bitcoin experienced a significant price surge, climbing over 5% to reach $35,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, rising by 4% to approximately $2,200. In regulatory news, the U.S. Securities and Exchange Commission (SEC) announced plans

US CISA adds ‘insane’ Linux Copy Fail flaw to watch list

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has added a critical vulnerability known as the "Linux Copy Fail" to its watch list. This flaw, described as "insane," affects various Linux distributions and could allow attackers to exploit systems by manipulating file copying processes. CISA

Bitcoin logs best monthly performance in 12 months during April

In April, Bitcoin achieved its best monthly performance in a year, surging approximately 23%. This increase was driven by a combination of factors, including positive market sentiment and institutional interest. The rise in Bitcoin's price has also contributed to a broader recovery in the cryptocurrency market. Analysts suggest

Bitcoin's 'hazardous' airdrop: Why developers are warning against Paul Sztorc’s eCash fork

Developers are cautioning against the eCash fork proposed by Paul Sztorc, labeling it as a "hazardous" airdrop. Concerns revolve around the potential risks associated with the fork, including security vulnerabilities and the possibility of misleading investors. Critics argue that the airdrop could dilute the value of existing Bitcoin

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Here’s what happened in crypto today

US CISA adds ‘insane’ Linux Copy Fail flaw to watch list

Bitcoin logs best monthly performance in 12 months during April

Bitcoin's 'hazardous' airdrop: Why developers are warning against Paul Sztorc’s eCash fork