USDC Supply Shrinks by $10 Billion in March, But Hits 6-Month High on Smart Contracts
USDC supply declined by $10 billion in March following its exposure to the US banking crisis.
However, the stablecoin use on smart contracts reached a six-month high of 42.08%.
Tether USDT is now the dominant stablecoin, accounting for over 60% of the market.
Why did 12K Bitcoin margin longs close at Bitfinex, and why didn’t it impact BTC price?
An unprecedented number of BTC margin longs recently closed at Bitfinex, leaving analysts searching for explanations.
BUSD deposits and withdrawals via OCBS suspended on Binance.US
Binance.US said it temporarily disabled the One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits.
Bittrex Quits US, Cites Unfavorable Regulatory Environment
Crypto exchange Bittrex said it was leaving the United States because of the regulatory environment.
The crypto company had had previous skirmishes with financial regulator in the country.
Crypto stakeholders have warned that the US regulatory landscape would force many firms out of the country.
OKX launches AI integration to monitor market volatility
Cryptocurrency exchange OKX announced a new integration aimed to help users monitor market volatility in real-time via advanced AI algorithms.
Crypto news site The Block gets new CEO and reported staff layoffs following admitted ties to SBF
The Block reportedly laid off roughly 33% of its staff including interim CEO Bobby Moran in an effort to stabilize the platform following loans it received from Sam Bankman-Fried.
Is a housing crisis underway? Why crypto investors should care
Cointelegraph analyst and writer Marcel Pechman explains if there is a housing crisis underway and why crypto investors should be paying attention.
Bitcoin white paper makes its F1 racing debut on Kraken-sponsored car
The Kraken logo on the car includes the entirety of the abstract and introduction of ‘Bitcoin: A Peer-to-Peer Electronic Cash System’, and has its next race in Australia.
Crypto exchange Bittrex to wind down operations in the US
The exchange shared that all customer funds are safe but advised U.S. customers to withdraw their funds by April 30, 2023.
Bermuda still open to crypto firms, says premier: Report
Bermuda’s Premier, Edward Burt, reportedly met with U.S. lawmakers and government officials this week in Washington, D.C. to discuss common standards for digital assets.