Global

USDt-TON has reached a significant milestone, with its circulation hitting $200 million within a month of issuance. This rapid growth marks the fastest token circulation in Tether’s USDt history, reflecting increasing demand for USDT within the TON ecosystem.

The Grayscale Bitcoin Trust (GBTC), a spot Bitcoin exchange-traded fund (ETF), saw a brief increase in investment inflows in early May after a prolonged period of financial losses since its inception.

Crypto exchange OKX is transitioning its Australian-focused services to a locally regulated entity as part of its expansion in the Asia-Pacific region.

The Commodity Futures Trading Commission (CFTC) has taken action against Falcon Labs, a Seychelles-based crypto brokerage firm, for not registering as a futures commission merchant (FCM) in the US.

The number of new Runes etched on Bitcoin daily has dropped below 250 for the past six days, with Monday seeing just 157 Runes etched—a significant 99% decrease from its peak in late April.

The Chinese government, through the Panshi City Public Security Bureau in Jilin Province, has cracked down on illicit cryptocurrency banking activities, as reported by local media.