Author: Chris Smith
What is USDT?
Reading Time: < 1 minuteTether (USDT) is a stablecoin, a type of cryptocurrency designed to maintain a stable value by being pegged to a fiat currency—in this case, the US dollar.
South Korea’s Democratic Party Leader Advocates for Won-Based Stablecoin to Curb Capital Outflows
Reading Time: < 1 minuteLee Jae-myung, leader of South Korea’s Democratic Party, has suggested creating a stablecoin linked to the Korean won to prevent capital outflows and enhance financial sovereignty.
SEC Files Charges Against Crypto Platform Unicoin
Reading Time: < 1 minuteThe US Securities and Exchange Commission has charged Unicoin and three top executives in New York with allegedly misguiding investors.
JPMorgan to Offer Bitcoin to its Clients
Reading Time: < 1 minuteJPMorgan Chase has decided to allow clients to buy Bitcoin, although CEO Jamie Dimon remains wary of the cryptocurrency.
UK to Enforce New Crypto Transaction Reporting
Reading Time: < 1 minuteBeginning in January 2026, crypto firms in the UK must report user transactions directly to tax authorities.
Bitcoin Sets Record Weekly Close
Reading Time: < 1 minuteBitcoin concluded the week with its strongest close in history, surpassing $106,000 following a weekend rally, as depicted on Binance’s BTC/USDT chart.
Ukraine to Create a National BTC Reserve
Reading Time: < 1 minuteUkraine is set to launch Europe’s first national Bitcoin reserve in collaboration with Binance, the leading cryptocurrency exchange by trading volume.
USDT’s Supply on Tron Network to Surpass Ethereum’s
Reading Time: < 1 minuteStablecoin issuer Tether minted an additional 1 billion USDt tokens on the Tron network, increasing its authorized USDT supply to surpass that of Ethereum.
Eurpol Dismantles a Sophisticated Mafia-related Crypto Bank
Reading Time: < 1 minuteInternational authorities have dismantled a sophisticated fraud operation that stole over €3 million from more than 100 victims through a fake online investment scheme.
Coinbase to Continue its Acquisitions
Reading Time: < 1 minuteCoinbase CEO Brian Armstrong announced that the company will continue exploring merger and acquisition opportunities following its acquisition of the crypto derivatives platform Deribit.
What Are Decentralized Exchanges?
Reading Time: 2 minutesA DEX is a platform for exchanging cryptocurrencies that operates on a decentralized network, such as a blockchain.
Coinbase Invests in Canadian Stablecoin Issuer
Reading Time: < 1 minuteCoinbase has announced a strategic investment in Stablecorp, a Canadian fintech company and issuer of the QCAD stablecoin, which is pegged to the Canadian dollar.
German Regulator Grants MiCA License to BitGo
Reading Time: < 1 minuteBitGo has obtained regulatory approval to offer digital asset services across the European Union.
Truth Social Says It Will Not Launch a Memecoin
Reading Time: < 1 minuteTruth Social, the social media network of Trump Media, has refuted rumors that it is launching a memecoin.
Uniswap Surpasses $3T in All-time Trading Volume
Reading Time: < 1 minuteUniswap, a leading decentralized exchange (DEX), has made history by exceeding $3 trillion in trading volume, becoming the first DEX to reach this milestone.
Northern Mariana Lawmakers Give Stablecoin Bill Second Chance
Reading Time: < 1 minuteTinian, a small island in the US Northern Mariana Islands, may get another opportunity to launch a stablecoin after the territory’s Senate overrode the governor’s veto of the stablecoin bill.
Meta Considering Stablecoins Integration
Reading Time: < 1 minuteMeta is considering integrating stablecoins for global payouts on its platforms, as reported by Fortune, citing five informed sources.
Robinhood to Launch Blockchain to Allow US Asset Trading in Europe
Reading Time: < 1 minuteRobinhood is quietly developing a blockchain network to facilitate tokenized US securities trading for European retail investors
Bitwise Submits Application to Launch a NEAR ETF
Reading Time: < 1 minuteBitwise Asset Management has submitted a registration statement with the US Securities and Exchange Commission (SEC) for a NEAR exchange-traded fund (ETF).
Metaplanet Buys 555 Bitcoins
Reading Time: < 1 minuteMetaplanet has purchased approximately $53.4 million worth of Bitcoin.
US Releases a Draft Crypto Regulatory Framework
Reading Time: < 1 minuteOn May 5, the US House Committee on Financial Services released a draft bill proposing a new market structure for digital assets in the US.
Indonesia Suspends Sam Altman’s Crypto Project
Reading Time: < 1 minuteOpenAI CEO Sam Altman’s digital identity project, World, previously known as Worldcoin, is encountering difficulties in Indonesia after local regulators temporarily suspended its registration certificates.
Deribit to Expand to US
Reading Time: < 1 minuteDeribit, the world’s leading cryptocurrency options exchange with $1.3 trillion in trades last year, is exploring entry into the US market.
Mattel to Close its Hot Wheels Virtual Garage NFTs
Reading Time: < 1 minuteToymaking giant Mattel is pausing its Hot Wheels Virtual Garage NFTs as it evaluates the collection’s future.
21Shares Seeks to Launch a Spot SUI ETF
Reading Time: < 1 minute21Shares, a leading digital asset manager, has submitted an S-1 statement to the US SEC to launch a spot SUI ETF.
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