Business
Binance has converted the entirety of its emergency insurance fund for users into USDC to “enhance its reliability.”
The World Chain network will prioritize transactions generated by verified humans over those created by automated bots and also give these addresses an allowance of some free gas.
Bitcoin
Though inflows have cooled, volumes across bitcoin ETFs have continued to rise.
DeFi
The Parcl airdrop could serve as a cautionary tale for crypto projects planning token launches in unstable markets.
Ethereum has typically led all blockchain networks by fees generated, but Bitcoin has recently been challenging Ethereum’s dominance due to the popularity of Ordinals and BRC-20 tokens.
Regulation
The vastly different—and mutually exclusive—conclusions that the SEC, CFTC, and DOJ have come to about MNGO have exacted a real cost on the growth of the U.S. crypto industry.
Abra on Wednesday disclosed it was launching its first SEC-registered RIA, designed to cater to accredited investors, moving away from its retail roots.
Experts say the rejection may have already been priced in and that the official announcement may turn out to be a “neutral event.”
Ethereum
Options data tells us a fair bit about the sentiment in crypto markets and downside skew in ETH risk reversals suggests traders are betting on a lower ether price.
Solana
Ore might have been the victim of its own success, after becoming one of the most used projects on Solana by transaction count, which in turn could have contributed to the congestion on the network.
