USDC issuer Circle adds Arbitrum to Web3 platform
It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT.
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Memecoin dumps, then pumps after Vitalik Buterin sells unwanted airdrop
The memecoin took a massive hit after Buterin sold his entire 17 billion Neiro airdrop, but in a weird turn of events, it pumped soon after.

Bitfinex Crypto Exchange to Debut New Exchange Utility Token
Major cryptocurrency exchange Bitfinex has unveiled its exchange utility token UNUS SED LEO, in a press release on May 17.The token will be useable for a variety of exchange-based activities and will begin trading on Bitfinex on May 20 against tether (USDT), bitcoin (BTC), ether (ETH), U.S. dollars and EOS pairs.The whitepaper for the project, published…

Binance ban off the cards, says Philippine trade and industry department
The Philippine Department of Trade and Industry waved off a Binance ban proposal, citing a lack of regulatory stance on cryptocurrencies from the central bank. 218 Total views 10 Total shares A proposal to ban global cryptocurrency exchange Binance from operating in the Philippines will not gather steam due to a lack of regulations towards…

Ransomware Gangs Are Teaming Up to Form Cartel-Style Structures
The latest moves from ransomware groups suggest that gangs are forging alliances to create a mafia-style structure. Recent ransomware attacks from well-known cybercriminal groups have been suggesting that gangs are forging cartel-style alliances to pressure their respective victims to pay for the ransom requests.Cointelegraph has obtained access to what seems to be a darknet site…

Do Kwon gets 4 months in prison in Montenegro on fake passport charges
Terraform Labs founder sentenced to four months in jail after being found guilty of using a false Costa Rican passport. 232 Total views 4 Total shares Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and has been sentenced to four months in prison.Kwon’s colleague…

60% of crypto investors are young, educated and invest under $10K — Survey
A CryptoQuant survey reveals that young, educated and experienced investors dominate the cryptocurrency market, with Binance emerging as the most preferred exchange.

Korean banks to research the stablecoins alternative
Hana Bank plans to conduct research on certificate of deposit tokens, while Woori Bank’s research department has already recently released a report on them. Several private banks in South Korea are studying the potential of tokenized deposits technology, an alternative both to private stablecoins and central bank digital currencies (CBDCs). According to the report from Maeli…

Serum (SRM) hits a new all-time high as Solana adoption gains traction
SRM price hit a new high as low fees and lightning-quick transaction speeds continue to attract new users to the Solana ecosystem. 2011 Total views 19 Total shares Decentralized finance (DeFi) has reshaped the face of the cryptocurrency market over the past year, attracting the attention of both institutional investors and retail traders alike as…