The latest data highlights that the stablecoin market currently sits at $173 billion, with two recently introduced U.S. dollar-backed stablecoins showing significant growth. The decentralized finance (defi) project Sky, previously known as Makerdao, has minted 1.11 billion USDS, adding approximately 104 million coins to its supply over the past five days. In a parallel development […]
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Bitcoin Mining Profitability Slumped In September – What’s In Store For October?
According to a recent report by Jefferies, Bitcoin (BTC) mining profitability declined in September while the network hashrate continued to...