Big Cap
Tether has issued $1 billion in USDT on the Ethereum network to assist Binance with liquidity conversion. This marks the second $1 billion issuance by Tether in less than two months. Tether Issues Another $1 Billion USDT to Support Binance’s Liquidity Transition from TRON to Ethereum Binance Transfers $750
Big Cap
Polygon Labs, the development team behind the Polygon blockchain, has issued an official response regarding the SEC’s classification of MATIC as a security in its lawsuits against Binance and Coinbase. Polygon Labs: MATIC Is Not Just for Americans Following responses from the Solana Foundation and Input Output, the development
Big Cap
The US Department of Justice (DOJ) has charged two Russian nationals for their alleged role in the theft of hundreds of thousands of Bitcoins from the now-defunct Mt. Gox exchange. US Charges 2 Russian Nationals in Mt. Gox Hack Scheme On June 9, the DOJ announced that the suspects are
Big Cap
The crucial Bedrock upgrade has significantly reduced transaction fees on the Optimism layer-2 network. Gas Fees on Optimism Plunge After Bedrock Upgrade According to data compiled by the OP Labs team on Dune, transaction fees on the Optimism network have been cut by more than half, dropping from 6,890
Big Cap
Three cryptocurrencies—Solana (SOL), Cardano (ADA), and Polygon (MATIC)—are facing severe declines after being classified as securities by the U.S. SEC. SOL, ADA, MATIC Plunge as SEC Labels Them Securities Not just BNB, but many cryptocurrencies named in the SEC's lawsuit against major exchanges Binance and
Big Cap
As BNB’s price continues to decline, the community is increasingly concerned about the looming risk of a major $200 million loan facing potential liquidation. Breaking: $200 Million in BNB Faces Potential Liquidation Risk! Update as of June 12: BNB Chain announced on June 12, 2023 (Vietnam time) that the
Big Cap
TrueUSD (TUSD) has unexpectedly depegged from its $1 value following news that it will suspend minting services through Prime Trust, causing ripples across the crypto market. TUSD Faces Depeg On June 10, 2023, TrueUSD announced via Twitter that it would halt the issuance of TUSD through Prime Trust until further
Big Cap
Arbitrum has become the ninth blockchain to feature a dedicated USDC issuance by Circle. Circle has announced that the native USDC token has officially launched on the Arbitrum network, in line with the previously announced plans on June 1, 2023. “Businesses with Circle accounts can now access Arbitrum USDC and
Big Cap
The layer-2 solution Optimism has announced that it will recognize ETH as a native token of the network alongside OP. Optimism to Recognize ETH as a Native Token Alongside OP Following the Bedrock upgrade, Optimism will officially treat ETH as a native token of this layer-2 network, operating alongside OP.
Big Cap
The Solana Foundation has responded to the U.S. Securities and Exchange Commission (SEC) by asserting that the SOL token is not a security. Solana Foundation: SOL is Not a Security Update as of June 11, 2023: In a statement posted on Twitter on June 11th, the Solana Foundation reiterated
Big Cap
The Ethereum development team has finalized the upgrades that will be included in the upcoming Dencun hard fork, with EIP-4844 being the most notable. Ethereum Finalizes Changes for Upcoming Dencun Upgrade Following a regular meeting on June 8th, the Ethereum development team has outlined the changes that will be implemented
Big Cap
Input Output Global (IOG), the company behind Cardano, has responded to the U.S. Securities and Exchange Commission (SEC) claim that ADA is a security. Cardano Developer: ADA Is Not a Security As reported by Coin68, the SEC's regulatory crackdown is reaching its peak. Major exchanges Binance and