Ripple (XRP) and Stellar (XLM) price action remains under pressure so far this week, with XRP and XLM extending their recent losses by over 4% and 6%, respectively.
Tether, the largest stablecoin company, has unveiled a new custom compute Bitcoin (BTC) mining infrastructure in collaboration with Canaan, the world’s leading manufacturer of BTC miners, and ACME Swisstech, a Swiss-based project management firm.
Decentralized finance (DeFi) protocol Aave has seen a sharp decline in activity, with its total value locked (TVL) falling 33% over the past week to roughly $16.7 billion, according to DeFiLlama data.