Mainnets process real blockchain transactions and hold actual value, while testnets are sandbox environments for development and experimentation. Understanding the difference is essential for avoiding scams and protecting wallet security.
Stablecoin growth accelerated after the GENIUS Act, but so did fraud. Blockaid found over 54,000 fake stablecoins and more than 4,200 malicious dApps exploiting stablecoin branding, with USDT and USDC the main targets.
Hong Kong has granted its first fiat-backed stablecoin licences to HSBC Hong Kong and Anchorpoint after reviewing 36 applications, marking a major step in the city’s regulated HKD stablecoin framework for payments, trade and digital asset services.
Liquity plans to roll out V2 in 2024, introducing leverage and lending products for ETH holders alongside a reserve-backed stablecoin model using staked ETH. The upgrade could strengthen its position in DeFi lending.
Bitcoin Runes, proposed by Casey Rodarmor and launched on Bitcoin’s fourth halving block, aims to create fungible tokens more efficiently by leveraging UTXOs. It seeks to improve on BRC-20, while also raising questions around network congestion, fees, and long-term sustainability.
A new analysis suggests PEPE faces major supply and valuation hurdles on its path to 1 cent. Its long-term performance will likely depend on market cycles, token burns, community strength, and whether it can evolve beyond a pure memecoin.
China’s major financial industry bodies have classified RWA tokenization alongside crypto, stablecoins, and mining, while extending liability to offshore projects tied to mainland staff or service providers. The move tightens pressure on Web3 and Bitcoin-linked tokenized assets.
Liquity plans to release V2 in 2024, introducing leverage and lending products for ETH holders and a reserve-backed stablecoin model using staked ETH. The upgrade builds on its interest-free borrowing system and low 110% collateral ratio.
