📈 The monthly stablecoin trading volume reaches an all-time high

📈 The monthly stablecoin trading volume reaches an all-time high 🐷 Crypto scammers and fake Apple cryptocurrency 🛠️ BNB Chain has announced a new scaling technology that will allow for zero-knowledge proofs

GM, vEmpions! Our motto of the day is: "Thank God it's Friday!". Let's all rejoice that the work week is over and the weekend is finally here! We can all let out a collective sigh of relief and enjoy our well-deserved break. So let's all take a moment to be thankful for the little things in life that make us happy. Whether it's spending time with family and friends, indulging in a favorite hobby, or simply taking a much needed nap, we should all cherish this time and make the most of it. See what we have for you today:

📈 The monthly stablecoin trading volume reaches an all-time high 🐷 Crypto scammers and fake Apple cryptocurrency 🛠️ BNB Chain has announced a new scaling technology that will allow for zero-knowledge proofs

The monthly stablecoin trading volume reaches an all-time high

Stablecoins have been on a tear lately, with on-chain volume hitting new all-time highs. This growth is being driven by increased use cases for stablecoins around the world.

With so much interest in stablecoins, it's no wonder that volume has reached new milestones. In August 2022, on-chain stablecoin volume almost hit the $1 trillion mark, according to data from CoinMetrics. This growth is being driven by increased use cases for stablecoins around the world.

So why exactly are stablecoins so popular? Stablecoins are digital assets that are pegged to a stable asset, such as gold or the US dollar. This peg ensures that the price of the stablecoin remains stable, even when the prices of other cryptocurrencies are volatile.

Stablecoins have become increasingly popular in recent years for a variety of reasons. First, they offer a safe haven for investors during times of market turmoil. Second, they can be used to make purchases and payments without having to worry about price fluctuations. And third, they provide an alternative to traditional fiat currencies that are subject to inflation, another reason is that they're useful in DeFi applications. Stablecoins serve as a collateral asset in protocols such as and they're also used to trade a variety of assets / services on decentralized exchanges.

With all of the advantages that stablecoins offer, it's no wonder that they are being used more and more around the world. From powering transactions on the blockchain to being used as a store of value, stablecoins are changing the way we think about money.

Crypto scammers and fake Apple cryptocurrency

Well, it looks like the cryptocurrency scammers were at it again today, trying to take advantage of Apple's popularity. According to the Verge, they managed to trick tens of thousands of users into watching a fake YouTube live stream that was actually just an old interview with Tim Cook, which had a link to a website advertising cryptocurrency scams.

Of course, this isn't the first time that these fraudsters have tried to take advantage of an Apple event. Last September, they managed to get a fake stream to the top of search results with a bunch of Apple-related keywords. That stream ended up being watched by over 165,000 people before it was eventually taken down.

These fraudsters are getting pretty creative, I have to hand it to them. But I'm sure there are plenty of people out there who fell for it and ended up on some sketchy website advertising cryptocurrency scams. So if you were one of the people who tuned into the fake stream today, hopefully you didn't lose any money. And if you did, I'm sorry to say that you might be out of luck.

Don't believe everything you see on the internet, folks. Especially when it comes to cryptocurrency. Scammers are always looking for new ways to take advantage of people, so be careful and don't let yourself be fooled. Stay safe out there!

BNB Chain has announced a new scaling technology that will allow for zero-knowledge proofs

With the launch of zkBNB, Binance's Layer 1 BNB chain is now one of the few chains to offer ZK proof scaling technology. Zero-knowledge proofs are a way to prove that you know something without revealing what that thing is. So, for example, if someone asked you whether you knew the answer to a math problem, you could prove that you knew the answer without actually telling them what the answer is. This is useful for things like keeping private data private, or scaling a blockchain without sacrificing decentralization.

Binance's decision to launch its own ZK proof scaling technology is a good move for the company, and it could help make Binance's BNB chain one of the most scalable and user-friendly blockchains around.

ZK proofs are a key ingredient in scalable blockchains, and Binance's implementation is sure to enhance user experience while boosting transaction throughput. We're excited to see what the future holds the BNB chain.