As Projects Flock to Binance Chain, Its DEX Has a Lot to Live up To

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Coinbase Launches High Yield USDC Accounts With 4% APY

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Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows customers to gain 4% APY interest on stablecoin accounts. Coinbase Reveals USDC Savings Program With Interest Rates Eight-Times Higher the national average The cryptocurrency exchange Coinbase announced pre-enrollment for its usd coin (USDC) savings program that allows clients to earn a 4% APY interest rate on USDC held on the platform. Coinbase joins firms like Blockfi and Crypto.com that already offer interest on USDC stablecoin holdings. Still, Coinbase highlights in its announcement on Tuesday, that 4% APY on USDC is “more than 8x the national average of high-yield savings accounts.” “Everyone wants to get the best interest rate available for the assets they hold,” Coinbase explained in a statement. “But interest rates have decreased steadily over the past few decades, making it difficult to...
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Bitcoin Cash Upgrade Complete: 3 New Features Added to Consensus Rules

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Today, at precisely 9 a.m. ET on May 15, 2020, the Bitcoin Cash network completed another upgrade adding a few new features to the blockchain. The latest upgrade comes with new opcode support, a chain limit extension, and the improved counting of signature operations using the new “Sigchecks” implementation. A Number of Blocks Have Been Mined Under New Consensus Rules Every six months, the Bitcoin Cash network upgrades, and they usually take place on May 15, and November 15 every year. BCH supporters all around the world have been monitoring the upgrade, as they do every year, in order to see if everything went smoothly. The upgrade initiated after block 635,258 and the consensus rules went into effect after the next block was mined. The first addition allows for faster re-spending of unconfirmed transactions as developers have increased the chained transaction limit from 25 to 50. If one was to look at the history of mempool chain limiting, they would find that when Satoshi first ...
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Bitcoin Soars Past $47K, Outstrips Meta in Market Cap Amid ETF Speculation and Intense Trading

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Bitcoin breached the $47K threshold on Monday, fueled by growing excitement over the potential launch of a U.S. spot bitcoin exchange-traded fund (ETF). The leading crypto asset kicked off the day at $43,247 per unit, then climbed to a peak of $47,281 by 2:10 p.m. Eastern Time (ET). Bitcoin Rally Tops $47K Monday afternoon witnessed a notable surge in the market cap’s leading crypto asset, occurring around 2 p.m. ET. Bitcoin ( BTC ) experienced an increase exceeding $3,600 from its daily low, with many analysts linking this upswing to the potential approval of several spot bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC). The latest market figures indicate that bitcoin’s previous encounter with this price bracket was in December 2021, following its descent from the record high of $69K. Bitcoin chart by TradingView The market valuation of the digital currency soared, reaching precisely $917 billion, eclipsing Meta (formerly Facebook) in market size and sec...
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