News list for "usage"

The Bitcoin Frontier Fund will invest in teams built on sBTC

The Bitcoin Frontier Fund today announced plans to invest in teams built using sBTC, Stacks' 1:1 Bitcoin-backed asset. The Bitcoin Frontier Fund (BFF) is the leading Bitcoin accelerator with a portfolio of category-defining Bitcoin companies across the ecosystem, including Xverse, ALEX, Liquidium, Bitflow, and more. BFF is a pioneer in the bitcoin venture capital space. Since its establishment in 2021, it has been a bitcoin-focused venture capital firm, having conducted over 70 investments to da...

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2024-11-26 14:19:12
The Federal Reserve's overnight reverse repo use has fallen to its lowest level since 2021

On October 23rd, demand for the Federal Reserve's overnight reverse repos fell to their lowest level in nearly three and a half years on Tuesday. About 60 participants deposited about $238 billion at the Fed through overnight reverse repos, the lowest level since May 2021, according to data from the New York Fed. The amount in the previous session was $261 billion.

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2024-10-22 17:49:24
Catizen Stake To Earn pledge activity participated in the user breakthrough 800,000, more than 13 million CATI participated in the pledge

The number of Catizen game users exceeded 39 million, MAU users reached 18 million, and the number of participants in the Stake To Earn pledge event exceeded 800,000, with more than 13 million CATI tokens participating in the pledge. Catizen Ecological Application Center's total daily active user peak exceeds 8 million, the cumulative on-chain user exceeds 3 million, the cumulative on-chain interaction exceeds 39 million pen, the cumulative consumer user 1.10 million, and the cumulative payment ...

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2024-09-16 10:53:43
Sanctum: The amount shown in the CLOUD distribution finder is not the full bonus.

Sanctum posted a message on the X platform reminding users that there are two points to note when using the CLOUD assignment queryer: 1. The amount displayed in the CLOUD distribution query is not the full bonus, but the bonus that can be claimed immediately; 2. If you create a profile, you can only use the designated profile you set or the first wallet on your profile to pick it up.

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2024-07-16 15:31:26
Bithumb Amends Terms of Use to Comply with South Korea's Virtual Asset User Protection Law

According to the official announcement, Bithumb has amended its terms of use to comply with the Korean Virtual Asset User Protection Law, including: 1. Refine the concepts of virtual assets, profits, and abnormal transactions, and delete the "content service" item; 2. Modify the service type in combination with the actual situation, and add laws and regulations as the basis for the right to use the service. 3. Add the "Virtual Asset User Protection Law" as the basis for amending the provisions. ...

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2024-07-10 02:26:04
The Korea Monetary Authority completes the construction of a permanent monitoring system for abnormal transactions in virtual asset exchanges

On July 4th, with the "Virtual Asset User Protection Law" coming into effect in July, South Korean financial authorities announced that they will cooperate with virtual asset exchanges to develop "continuous abnormal transaction monitoring guidelines". The MAS has established a unified transaction data table standard to detect abnormal transactions, and exchanges have also established computer systems. Major new items of transaction information accumulation include market information and transac...

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2024-07-04 05:26:06
The use of the Federal Reserve's RRP tool fell by the most since early January

The Federal Reserve accepted $451.783 billion from 67 counterparties in fixed-rate reverse repo operations, the lowest level since June 24, compared with $664.60 billion the previous day. The decline in $212.80 billion was the largest since January 2. The number of counterparties also fell to the lowest level since June 17.

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2024-07-01 17:17:19
Swiss National Bank: Using CBDC to settle and clear financial transactions can eliminate credit risk

The SNB said the use of CBDCs, rather than private tokens, to settle and clear financial transactions could eliminate credit risk. In the US, digital bonds issued so far have been settled in private digital tokens, which do not have the same safeguards as central bank-backed currencies.

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2024-06-22 19:52:07
Ethereum Founder Vitalik Buterin Surprised by L2 'Usage' Since Dencun
Ethereum Founder Vitalik Buterin Surprised by L2 'Usage' Since Dencun

At ETH Taipei, Ethereum creator Vitalik Buterin said he was expecting layer-2 networks to use more "blobs" following the Dencun upgrade. Here's what he means.

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2024-03-21 17:17:14
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