Market
Stablecoins
Binance lists USD1 stablecoin with trading restrictions in EU and US
WLFI said it aims to empower 1.4 billion unbanked individuals with the launch of USD1.
Hacks
Sui-based Cetus Protocol suspends operations following $223 million oracle exploit
The Cetus exploit caused a drop in Sui ecosystem token prices, affecting user confidence and liquidity providers alike.
Technology
Avalanche surges 11% to $25 after FIFA unveils blockchain and VanEck eyes fund
Avalanche's FIFA partnership and VanEck's fund launch propel AVAX as a leader in scalable blockchain solutions.
Bitcoin
Laszlo Hanyecz’s $41 historic Bitcoin pizza purchase now valued at $1.1 billion
If Hanyecz had kept his Bitcoin, he would be able to afford more than 53 million boxes of those pizzas.
Analysis
Bitcoin price reaches new ATH above $111,000 as institutional interest peaks
This Bitcoin rally places every holder in profit as institutional demand soars.
Hacks
Coinbase under fire for massive data breach affecting nearly 69,461 users
Coinbase is under regulatory and public fire for the recent data breach as its response and user agreement updates are questioned.
Legislation
Hong Kong advances stablecoin legislation introducing new rules for issuers
The landmark bill introduces a licensing regime for stablecoin issuers, enhancing confidence and compliance in Hong Kong's digital asset landscape.
Regulation
Russia plans to seize crypto in new crackdown on local payments
Russia emphasizes that local crypto payments is banned but highlights its potential for international use.
Bitcoin
Bitcoin closes above $106k for first time and without retail frenzy
Google Trends reveals subdued global interest in Bitcoin's potential surge to new ATH.
Trading
Bitcoin whale places 40x leveraged $830 million long position on Hyperliquid
The crypto whale position comes as Bitcoin flirts with new ATH amid record ETF inflows.
Legislation
World’s 8th largest economy close to adopting Bitcoin reserve as Texas heads to final vote
Texas legislature amended the Bitcoin reserve bill to set a stricter criteria for other digital asset inclusion.
Bitcoin
BlackRock’s IBIT becomes second-largest Bitcoin holder behind Satoshi Nakamoto
BlackRock's IBIT poised to potentially overtake Satoshi Nakamoto's Bitcoin holdings by next summer.