According to Shibburn, the Shiba Inu crypto saw a remarkable 4000% surge in its burn today, on May 6.
The blockchain infrastructure sector attracted over $1 billion in crypto funding in April, closely followed by the DeFi, CeFi, and GamiFi sectors.
Visa’s metric filters out bot-driven and high-volume trader transactions, revealing that only $149 billion of $2.2 trillion in stablecoin transactions were from genuine user activity.
The updated law welcomes donations in local government-issued, KRW-pegged stablecoins and blockchain-based gift vouchers.
Novel protocols like Bitcoin Ordinals and Runes have been bringing in more activity to the world’s first blockchain.
Bitcoin ETFs in the US saw $34.4 million net outflow on May 2nd, a significant drop from the previous day’s record $563.7 million. Interestingly, BlackRock and Fidelity’s Bitcoin ETFs, ranking 2nd and 3rd in terms of total net assets, saw zero net flows on Thursday
The Australian Securities & Investments Commission (ASIC) has reached a significant legal milestone in a case concerning non-cash crypto payments.
Railgun researchers said that US regulators and prosecutors haven’t unleashed a crusade against crypto privacy protocols and were largely positive and genuinely interested in understanding developments in the broader crypto market.
Dutch authorities have made an arrest in connection to the recent scam around the relatively new crypto project ZKasino. The suspect’s detention has been extended for an additional 14 days.
In a significant development within the bankruptcy proceedings involving the defunct exchange FTX and its debtors, Ryan Salame, former co-chief executive of the company, has agreed to forfeit his $5.9 million Bahamas property as part of a plea deal in a criminal case.
Decentralized social network Friend.Tech just bagged a new upgrade by pushing out its new naive token for trading on its native decentralized exchange on the Base network. According to DexScreener, the new token is currently trading at $3 with a total circulating supply of 14.5 million.
In their latest crackdown, the Thai police recovered 690 units used for Bitcoin mining machines vaued at 2.54 million SGD. The police is also conducting raids at multiple locations.
This collaboration with Chainalysis provides Tether with advanced tools to detect transactions involving sanctioned entities and track the activities of major token holders.
Hayes claims that the rise in BTC price will be driven by increased dollar liquidity from the Federal Reserve’s quantitative tightening taper and the US Treasury’s debt issuance plans.
The Federal Reserve’s decision had immediate repercussions in the financial markets, including the crypto sector.