Coincheck on Nasdaq: Paving the Way for Cryptocurrency Acceptance
TL;DR Coincheck’s Nasdaq Listing: The Japanese crypto exchange Coincheck is nearing the completion of its listing on Nasdaq through a merger with SPAC Thunder Bridge...
ETF Market Dynamics: A Tale of Inflows, Outflows, and Tokenization
TL;DR Inflows and Deceleration: ETFs played a crucial role in the recent cryptocurrency rally, accumulating billions in inflows since January. However, in April, there was...
Visa and Allium Labs Uncover the Truth Behind Stablecoin Transactions
TL;DR Bot Activity Dominates Stablecoin Transactions: A study by Visa and Allium Labs found that 90% of stablecoin transactions are initiated by bots and large-scale...
Coinbase Announces Staggering First-Quarter Revenue of $1.6 Billion
TL;DR Coinbase’s Robust Growth: Coinbase, the leading US cryptocurrency exchange, announced a staggering first-quarter revenue of $1.6 billion, marking a 72% increase from the previous...
BUIDL: Setting New Standards in Tokenization
TL;DR Rapid Growth: BlackRock’s BUIDL has become the world’s largest tokenized treasury fund in under six weeks, with $375 million in deposits, capturing nearly 30%...
Unraveling the Samourai Case: Key Events and Implications
TL;DR Arrest and Charges: Keonne Rodriguez, co-founder of Samourai Wallet, was released on a $1 million bond with strict conditions, including no involvement with Samourai...
Circle’s USDC Surpasses Tether’s USDT: A Shift in Stablecoin Preference
TL;DR Circle’s USDC Surpasses USDT: In April 2024, Circle’s USDC saw 166.6 million transactions, surpassing Tether’s USDT’s 163.6 million transactions. Over the past week, USDC...
VISA’s Innovative Approach to Stablecoin Analytics
TL;DR Visa’s Dashboard: Aim to simplify stablecoin data by providing clear facts for four stablecoins across nine blockchains, helping compare them to traditional financial systems....
New Features and Integration: Katana DEX Enhances User Experience on Ronin
TL;DR Integration and Simplified User Interface: Katana DEX, Ronin’s decentralized exchange, has been integrated into Ronin Apps, centralizing various services on app.roninchain.com. This integration simplifies...
Mt. Gox’s $9 Billion Bitcoin Payout: A New Dawn for Creditors
TL;DR Impending Payout: Creditors of the defunct Mt. Gox exchange are close to receiving $9 billion in Bitcoin, marking a potential end to a decade-long...