Crypto News
World Liberty Financial’s stablecoin USD1 surpassed $10 billion in transfer volume just 10 days following its listing on Binance, according to data from Artemis. From May 22 to June 1, the stablecoin traded $10.7 billion in volume, surpassing the total transfers from its inception until May 21. The stablecoin is native to World Liberty Finance,…
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Key Takeaways: Circle and its shareholders increased the IPO offering to 32 million shares, targeting up to $896 million from the previous $624 million goal. Revised share pricing suggests strong investor demand, with BlackRock and Ark Invest among expected buyers. Circle has secured in-principle regulatory approval in Abu Dhabi and partnered with Hub71 to support…
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Circle, the company behind the USDC stablecoin, has revised its IPO filing to reflect stronger-than-expected investor demand, according to a June 2 filing with the US Securities and Exchange Commission (SEC). The updated filing shows Circle now plans to issue 32 million Class A shares, up from the previously announced 24 million. It also raised…
Binance Coin ($BNB) grew 19% in May, blasting past $697 as traders focus on the $732 resistance level. BNB Chain just processed triple the combined DEX volume of Ethereum and Solana. Can this fuel the breakout? Institutional demand is growing, with ETF talks and a major SEC legal victory sparking predictions of a $2K rally….
The Pi Network is shifting focus to gaming as part of its broader effort to revive user engagement and restore confidence in its ecosystem. On May 30, the Core Team announced plans to use interactive entertainment to boost engagement and unlock new use cases for its native token and app infrastructure. The move follows the…
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Two heavyweight Bitcoin holders, Strategy (formerly MicroStrategy) and Metaplanet, have seized the latest market correction as a buying opportunity. As Bitcoin briefly fell near $103,000 towards the end of May, both companies bolstered their reserves with a combined purchase of nearly 2,000 BTC worth close to $200 million. Strategy buys 705 BTC Strategy disclosed on…
The Cardano community has been shaken up in the past couple of days after a dispute emerged between the founder of this blockchain’s protocol, Charles Hoskinson, and a decentralized finance (DeFi) protocol called Optim Finance. According to Hoskinson, Optim financed a slander campaign against him that accused him of allegedly adding code to Cardano’s Allegra…
