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According to a report on stablecoins released on May 7, Deutsche Bank analyzed 334 currencies linked to stablecoins and found that 49% of stablecoins had failed during their median lifespan of about eight to ten years. The analysts concluded that most anchored assets in the cryptocurrency field will experience significant "turbulence" caused by speculative sentiment and ultimately suffer some form of decoupling event. Deutsche Bank analysts also pointed out that Tether's reserve transparency was lacking and described the company's solvency as "doubtful".
In Ethereum, resources were up until recently limited, and priced, using a single resource called "gas". Gas is a measure of the amount of "computational effort" needed to process a given transaction or block. Gas merges together multiple types of "effort", most notably:
The article is divided into two sections: the main dialogue between the host and Sam, and the Q&A session where community users ask questions about AO.
This report examines Core Chain’s pivotal role in enhancing Bitcoin’s functionality, focusing on the core competencies of the Satoshi Plus Consensus mechanism, non-custodial BTC staking, and EVM compatibility.
Arweave's data from last week: The mainnet completed a total of 218,035,351 transactions, achieving 1.12 TiB of storage in a single week. This week, the storage cost is 0.748 AR/GiB, and there has been an increase of 659 on-chain addresses.
In this article, we delve into the significance of FHE and ZKP in enhancing blockchain application privacy, highlighting their potential to shape the future of data privacy in blockchain technology.
MakerDAO stated on X platform that the supply of DAI increased from $4.4 billion to $5.4 billion within 60 days. In addition to the growth in supply, DAI set a new record in April with on-chain transaction volume reaching $636.72 billion. The Dai Savings Rate (DSR) also showed positive momentum, steadily increasing over the past few months with total deposits exceeding $2 billion last week.
Ripple Labs and the US SEC have made new progress in their legal battle, with the SEC submitting its final reply in the remedies phase of the lawsuit. In response to the recent brief on remedies, the SEC questioned Ripple's claim that the blockchain startup's behavior was not reckless, despite the court previously rejecting this "fair notice" defense, but Ripple's legal status should not have "broad uncertainty". The SEC also questioned whether Ripple might maintain its original position in the future, although Ripple has not violated any rules since the XRP lawsuit was launched in 2020. According to the remedy brief, Ripple attempted to downplay its responsibility while emphasizing its cooperation with the SEC since the XRP ICO in 2013. However, the SEC emphasized that under the law, even if Ripple has not engaged in any violations since 2020, the next violation is still expected to be possible. (Cointelegraph)
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