Tether (USDT) Shifts Focus to Community-Driven Blockchain Support

Tether, the issuer of the widely-used stablecoin USD₮ (USDT), has announced a strategic transition to prioritize community-driven blockchain support. According to tether.io, the company will discontinue support for the EOS and Algorand implementations. Assessing Transport Layers In a bid to maintain a robust and innovative blockchain ecosystem, Tether continually evaluates … Read more

BlockDAG’s Dev Release 57 Unveils Blockchain Security and Efficiency; More on X30 Miner Potential When BDAG Hits $30

BlockDAG continues to make significant strides in the blockchain industry with its latest groundbreaking developments. The unveiling of Dev Release 57 and the introduction of the high-powered X30 miner highlight BlockDAG’s commitment to enhancing blockchain security and mining efficiency. These advancements not only reinforce BlockDAG’s position as a leader in the crypto space but also … Read more

FreeBnk Partners with E Money Network to Issue Blockchain-Based IBANs

UK-based fintech company FreeBnk has announced a strategic partnership with E Money Network, a modular blockchain platform compliant with the Markets in Crypto-Assets (MiCA) regulation, to issue international bank account numbers (IBANs). This collaboration aims to integrate traditional banking systems with blockchain technology, offering innovative solutions for crypto investors. FreeBnk, known for its financial services … Read more

Current Trends in Web3 Development

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial … Read more

Hermetic Labs Launches to Pioneer Blockchain Consulting Services

Hermetic Labs, a newly established consulting firm specializing in blockchain technology, has announced its official launch under the leadership of Milana Valmont. The company aims to advance the adoption of cryptocurrencies and blockchain through comprehensive education and advisory services. This initiative, revealed on June 24, marks a significant step towards mainstreaming blockchain technology. Hermetic Labs … Read more

Tether Announces Strategic Shift in Blockchain Support

Tether, a prominent issuer of stablecoins, has announced a strategic transition to reinforce its dedication to fostering a robust and innovative blockchain ecosystem. This initiative emphasizes supporting USD₮ and other tokens across blockchain networks that closely align with community interests and technological advancements. Central to Tether’s strategy is the continuous evaluation of blockchain transport layers … Read more

Telegram-Backed TON Blockchain Under Threat of Phishing Attacks, Experts Warn

The Web3 sector is generally considered to have a high exposure to cyber-attacks and hacks, but Telegram-backed The Open Network (TON) blockchain has particularly found itself in trouble. As per blockchain security firm SlowMist, the TON blockchain faces a high risk of phishing attacks. The entire TON ecosystem is currently under threat, which could negatively … Read more

BlockDAG Tops CoinSniper with $53.2M Presale; TON Blockchain Attracts 50M Users as Fantom Profits Drop 50%

Advertisement &nbsp &nbsp The TON Blockchain continues to expand its reach, recently hitting a milestone with 50 million users, showcasing its significant impact in the digital earnings arena. Meanwhile, the Fantom (FTM) price has experienced a notable dip, halving its annual high and signaling caution. Amid these dynamics, BlockDAG, leading CoinSniper’s rankings with over … Read more

BlockDAG: Leading Layer 1 blockchain with 30,000x potential

Solana Meme coins are capturing attention in the dynamic crypto landscape, driven by the rise of new altcoins. Amidst this, the SUI price struggles, reflecting a broader market downturn despite its solid Layer 1 blockchain foundation. Meanwhile, BlockDAG sets a new standard, amassing over $53.2 million in presales. With cutting-edge mining technology and strategic DeFi … Read more

Tether Shifts Focus to Community-Driven Blockchain Backup

Tether, the well-known issuer of the top stablecoin USDT, has recently unveiled a strategic transition. As per the platform, it is carrying out this endeavor to provide significant attention to community-driven blockchain backup and will reportedly stop backing Algorand and EOS. On its official social media account on X, the platform disclosed the respective initiative. … Read more