Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
USDt-TON has reached a significant milestone, with its circulation hitting $200 million within a month of issuance. This rapid growth marks the fastest token circulation in Tether’s USDt history, reflecting increasing demand for USDT within the TON ecosystem. TON celebrated this achievement on Twitter, stating, “$USDt – $TON reaches $200M in circulation in less than … Read more
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. Despite this temporary uptick, the fund quickly reverted to outflows within days, underscoring its ongoing difficulties in the volatile cryptocurrency market. Launched on January … Read more
Crypto exchange OKX is transitioning its Australian-focused services to a locally regulated entity as part of its expansion in the Asia-Pacific region. Jamie Kennedy, general manager of OKX Australia, stated that Australian crypto users deserve a secure, easy-to-use platform that meets their needs, including seamless access to banking rails and AUD pairs for popular cryptocurrencies. … Read more
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. This is notably the CFTC’s first enforcement action against an unregistered FCM for providing “unauthorized access” to crypto exchanges. Crackdown on Crypto by CFTC Affects Falcon … Read more
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. This decline follows a highly successful period shortly after launch, when an average of 14,700 Runes were etched daily from April … Read more
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. The perpetrators allegedly exploited the anonymity of cryptocurrencies for illegal foreign exchange transactions. According to reports, six individuals involved in purchasing foreign exchange using cryptocurrencies have been arrested by … Read more
After expressing his support for the cryptocurrency industry and accusing his opponent in the United States presidential race, Joe Biden, of perceived hostility towards the sector, former US President Donald Trump has announced plans for significant taxation cuts if elected. During a campaign rally on May 12, Trump criticized President Biden’s latest budget proposal, which … Read more
The world of gaming is undergoing a revolution with the rise of play-to-earn (P2E) experiences. TOWER token is at the forefront of this movement, aiming to bridge the gap between traditional free-to-play and P2E gaming. Developed by Animoca Brands, a leader in blockchain gaming, TOWER empowers players to not only enjoy their favorite games but … Read more
Only 1% of financial advisors regularly discuss cryptocurrency with their clients, primarily due to worries about potential legal liabilities and associated costs in case the investment doesn’t yield the desired results. According to CoreData’s “Australia’s Crypto Investors” report, an astonishing 89% of financial advisors have never offered advice on cryptocurrency. The report highlights that a … Read more
In a significant development, investment products related to digital assets have seen inflows for the first time in five weeks, totaling $130 million. Breakout Trend in Digital Asset Investment Products Exchange-Traded Product (ETP) volumes, however, continued to decline despite this encouraging upswing, with a weekly total of $8 billion, significantly less than April’s average of … Read more