Tezos activates Quebec upgrade, improving speed and network efficiency
Tezos has successfully implemented its 17th protocol upgrade, Quebec, marking another milestone in the blockchain’s evolution. The upgrade introduces faster transaction speeds, improved staking mechanics, and refinements to token issuance, all aimed at enhancing the blockchain’s functionality and sustainability. Developed by teams at Nomadic Labs, Trilitech, and Functori, the Quebec upgrade was approved through Tezos’ […]
Usual Protocol activates revenue switch amid redeem function debate
Can Usual’s revenue switch deliver on its promises amid growing concerns? The Revenue Switch, a mechanism designed to distribute 100% of Usual’s (USUAL) protocol revenue to USUALx stakers, has been launched by the USUAL token and USD0 stablecoin ecosystem creators. While the initiative marks a significant step forward for decentralized finance, its debut is accompanied […]
Tether’s market cap sheds $1.4b as MiCA activates
Tether’s U.S. dollar stablecoin witnessed its biggest downturn since FTX collapsed during the sluggish 2022 crypto market period. On-chain data showed that Tether’s stablecoin (USDT) lost approximately 1.2% of its market cap this week as EU digital asset regulations took full effect on Dec. 30. The token’s market cap fell to $137 billion from its […]
