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Circle has entirely removed U.S. Treasury bonds from the reserve assets backing its stablecoin USDC, opting instead for cash and repo agreements to mitigate risk in light of the U.S. debt crisis. Circle Completely Removes U.S. Treasury Bonds from Reserves Circle has fully divested from U.S.
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On June 1st, Tether, the largest stablecoin in the market, officially set a new market cap record. Tether Sets New Market Cap Record According to the latest data, Tether (USDT) has surpassed a market cap of $83.2 billion. This milestone was announced on Tether’s official Twitter channel. Specifically,
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Circle, the issuer behind the USDC stablecoin, has announced the deployment of a native token version of USDC on the Arbitrum ecosystem. USDC Launches Native Token on Arbitrum Ecosystem On Circle's official Twitter, the organization revealed that the native token version of USDC on Arbitrum will go live
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Following its investment in Bitcoin, Tether has unveiled plans to bolster its Bitcoin holdings by launching a mining operation in Uruguay. Tether Launches Bitcoin Mining Farm in Uruguay On the evening of May 30, Tether—the company behind the world’s largest stablecoin, USDT—announced it will establish a cryptocurrency
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Raj Gokal, co-founder of Solana, has revealed that the blockchain is setting its sights on a 10 to 100-fold growth in the future through partnerships with smaller projects. Solana Aims to Be the 'Apple' of Crypto, Targeting 100x Growth In an interview with TechCrunch on May 29, Solana
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Raj Gokal, co-founder of Solana, has revealed that the blockchain is setting its sights on a 10 to 100-fold growth in the future through partnerships with smaller projects. Solana Aims to Be the 'Apple' of Crypto, Targeting 100x Growth In an interview with TechCrunch on May 29, Solana
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The Bitcoin Ordinals sector and BRC-20 tokens continue to prove their appeal, with the number of Inscription transactions soaring and driving a significant increase in BTC transaction fees. Bitcoin Ordinals and BTC Transaction Fees Hit New Highs Bitcoin Ordinals and BRC-20 tokens maintain their momentum despite ongoing debates within the
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The XRP network is experiencing a significant surge in daily active wallets. Many analysts consider this a positive indicator for XRP's price. XRP Network Sees Surge in Active Wallets: Positive Price Signal? Spike in Active Wallets Data from Santiment reveals that on May 28 and 29, the XRP
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The newly launched blockchain Sui is set to unlock $63 million worth of SUI tokens for the Sui Foundation and its community on June 3rd, coinciding with the IDO of Suiswap (SSWP). Sui (SUI) Set to Unlock $63 Million in Tokens on Suiswap IDO Day According to Token Unlocks, on
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The memecoin FLOKI has experienced impressive growth following its unexpected appearance on a billboard during the World Table Tennis Championships, which was broadcasted on a major Chinese TV channel. FLOKI "Explodes" After Featuring on Chinese TV During the World Table Tennis Championships finals, broadcasted on CCTV-5, China'
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After 8 years, a whale account that participated in the Ethereum ICO has begun transferring its entire investment to a single wallet. Ethereum ICO Wallet 'Wakes Up' After 8 Years According to data tracked by Lookonchain, a wallet that acquired 8,000 Ethereum (equivalent to $14.8 million)
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Sei Network (SEI) has introduced a new face verification feature on Discord, aimed at preventing bot accounts and Sybil attacks. Sei Network (SEI) Requests Face Verification for Airdrop Participation On May 27, the layer-1 blockchain project Sei Network announced the launch of a new feature called BotBasher, which requires Discord