MANTRA Launches Savings Vault with Ondo’s USDY
TL;DR MANTRA launches new savings vault with Ondo USDY, backed by short-term US treasuries. Early investors will receive additional rewards, including mainnet ONDO and OM...
Terraform Labs and CEO Do Kwon Reach Tentative Settlement with SEC Over Fraud Charges
by jose
TL;DR Terraform Labs and CEO Do Kwon have reached a tentative settlement with the U.S. SEC over fraud charges related to their cryptocurrency offerings, particularly the...
Bitcoin ETFs Grow: $48.71M Daily Inflows
by fernando
TL;DR Bitcoin ETFs recorded a daily net inflow of $48.71 million on May 30. Fidelity’s FBTC ETF led with an impressive single-day inflow of $119...
Whales Accumulate Ethereum at $3.7k: Reactivate the Trend?
by fernando
TL;DR Ethereum addresses with more than 10,000 ETH have increased. The Ethereum reserve on exchanges has decreased significantly. Technical indicators suggest a possible short-term correction....
Hashdex Withdraws its Ethereum ETF Application: What Happened?
by guido
TL;DR Hashdex withdraws its application for an Ethereum ETF just as the SEC approves ETH-based financial products. Hashdex’s proposal featured a unique approach, combining physical...
Ethereum ETFs Expected to Capture Only 20% of Bitcoin ETF Market
by fernando
TL;DR Ethereum (ETH) ETFs could capture only 20% of the Bitcoin (BTC) ETF market. The analysis is based on the performance of futures ETFs and...
USD3: The New Stablecoin Set to Revolutionize Global Payments and Web3
by fernando
TL;DR Former ConsenSys employee Jack Jia launches USD3, a new stablecoin. USD3 is backed 1:1 by the US dollar and will be launched on multiple...
Celo Strengthens its Ecosystem with Chainlink’s CCIP
by guido
TL;DR Celo has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP). Aims to enhance the security and reliability of its layer 2 blockchain ecosystem on Ethereum. The introduction...
El Salvador’s Leap into the Future: Bitcoin and AI
by jose
TL;DR Economic Strategy: President Nayib Bukele and ARK Invest CEO Cathie Wood, both Bitcoin enthusiasts, aim to use Bitcoin to revitalize El Salvador’s economy and...
Memecoin Boom Pushes Cardano Out of the Top 10 Cryptocurrencies
by fernando
TL;DR The recent popularity of memecoins has displaced Cardano from the top 10 cryptocurrencies by market cap. Dogecoin and Shiba Inu are leading this new...