Altcoin News Official TheBitTimes.com

Ondo Finance has achieved a major milestone, exceeding $600 million in Total Value Locked (TVL) across its yield-generating products. The platform now manages $384 million in USDY and $221 million in OUSG, reinforcing its status as a top issuer of tokenized treasuries. Meanwhile, Monero (XMR) has seen a significant upward trend, currently trading at $175.01, reflecting a 1.47% increase in the last 24 hours. This price rise is linked to a series of bullish trends that have emerged in recent days. Meanwhile, tokens within specific blockchains have also hit price climbs. This article outlines the most trending cryptocurrencies on Polygon, providing further insight into the ecosystem-specific rally. Most Trending Cryptocurrencies on Polygon Fuse Network significantly creates scalable and accessible financial products within a decentralized ecosystem. Lucidao operates as a decentralized autonomous organization (DAO), with its community members actively participating in decision-making. ...

The Bitcoin price dropped 4% in the last 24 hours to trade at $58,348 as of 03:34 a.m. EST on trading volume that surged 87% to $27 billion. This comes as Justin Sun’s WBTC custody move sparks controversy in crypto after his partnership with BitGo. The partnership has prompted the community to prompt decentralization concerns. However, Sun has clarified that he does not control the private keys of WBTC reserves. He emphasizes his commitment to promoting decentralization and security in the DeFi ecosystem. Recently, I've heard that the community has some concerns about my involvement in various projects, including WBTC. I would like to clarify the following points: There have been no changes to WBTC compared to before. The audits are conducted in real-time and can be accessed via… — H.E. Justin Sun 孙宇晨 (@justinsuntron) August 10, 2024 As concerns prevailed, the price of Bitcoin dropped below $58K to trade at $57,963 before rebounding to it...