The memecoin frenzy earlier this month — which saw active bitcoin users plummet and users flock to Solana — seems to be disrupting activity elsewhere, with the volume of Ethereum on-chain stablecoin trading this month on track to be the lowest since Dec. 2020. On-chain trading of USDC has reached…

As the regulatory environment in the U.S. grows dark and stormy, American crypto companies are looking east to Bermuda and its friendlier digital asset framework. The renewed interest in crypto frameworks outside of the United States is a reaction to the country’s key regulators cracking down on crypto firms, and…

USDT’s market cap has increased by nearly 25% since the beginning of the year. The resurgence was evident in its latest attestation report, which revealed that the stablecoin issuer recorded a net profit of nearly $1.5 billion in the first quarter of 2023. According to the official statement, Tether’s excess…

At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the 210,000-block halving cycle, which will ultimately result in…

🛑PancakeSwap community voted for a significant reduction of rewards for staking CAKE tokens. 🛑Cyble analysts warn of a new kind of malware known as Atomic MacOS Stealer that can steal personal information and crypto assets from a user’s computer. 🛑The Ant Group, an affiliate company of Alibaba and one of the world’s largest Internet companies, is set to launch its own Ethereum-compatible cross-chain protocol.

Earlier in this post, we already dealt with the topic of stabelcoins. Butw there is another important thing we want to tell you about, and that is the types of Stablecoins. 📷 Just in case, let us remind you that Stablecoins are cryptocurrencies with a stable price, which is not…

🛑Polygon has become the second-largest gaming network by active users, trailing only WAX. 🛑The finance minister of Hong Kong has announced that the government will adapt a new strategy for regulating and promoting Web3. 🛑Binance US is struggling to find banking partners, according to WSJ. 🛑The Bank of England is assembling a team of 30 people to develop Britcoin — the digital pound.

The CFTC has filed a lawsuit against Binance in federal court in Chicago, alleging that the company failed to fulfill its obligations by not properly registering with the Commission. According to scanned copies of the lawsuit circulating online, Binance executives traded on their own exchange, despite it being in contradiction with the law. Meanwhile, Changpeng Zhao attempted to distance himself publicly from Binance US, although he did not deny his involvement with the platform in private messages.

Global crypto headlines of the week: 🛑US Treasury Secretary Janet Yellen stated that federal aid to Silicon Valley Bank is not currently planned. 🛑The federal government is exploring options to protect all uninsured deposits in SVB. 🛑Liquidity Group is planning emergency loans of $3 billion to assist startups affected by the collapse of SVB. 🛑Justin Sun has proposed creating a “reliable bank capable of meeting the needs of the entire crypto industry.”