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The potential and impending downfall of $BUSD had led to relying on alternative

They have minted 50M TrueUSD, funnily enough this token was automatically converted to a few months ago

Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD Binance has minted $50 million worth of TUSD after recent crackdowns by U.S. federal and state regulators on the Paxos Trust-issued BUSD. But its CEO believes the future of the stablecoin market will be less U.S. dollar reliant.

🌟Star power moves masses- legend Keanu Reeves shows his support for

The Matrix superstar believes in crypto to bounce back amid the present economic and regulatory pushback

Here's to hoping Neo gets this one right🤞

Matrix Star Keanu Reeves Backs Crypto to Come Out Stronger Matrix star Keanu Reeves backs cryptocurrencies to come out stronger against recent regulatory and economic opposition.

One of the best-selling projects have unlocked their native token $APE, joining a long list of token unlocks this week 🔓

As per the trend, the value of the has gone down amid the high supply in the market 📉

ApeCoin (APE) Tanks 10% Following $40M Token Unlock The latest crypto project to unlock a batch of tokens is ApeCoin. As predicted, its native coin, APE, has seen prices plummet in response.

While being under massive scrutiny by the SEC, this unknown transfer may spell more trouble for already affected crypto firm

When can we find out more? 🤔

Binance Moved $400M to Trading Firm Managed by CZ: Report According to Reuters, former Binance US Chief Executive Catherine Coley expressed puzzlement at certain large transfers from the exchange.

The collapse of occurred back in May of last year and only now has it and its founder been charged with securities fraud.

The SEC is ramping up charges against companies, who's next?

SEC Sues Terraform Labs and Founder Do Kwon For Securities Fraud - Decrypt Charges include securities fraud and misleading statements regarding LUNA and Terra USD.

The Ripple vs. SEC lawsuit is one of the most closely-watched legal battles.

The outcome could have significant implications for the classification & regulation of other cryptocurrencies, as well as the SEC's enforcement efforts.

Ripple Lawsuit Building Up to Be a Watershed Moment for SEC Enforcement Policy The outcome of the Ripple case with the SEC will likely have a major impact on the future of the agency’s enforcement regime.

Trouble in paradise? Binance banking issues reveal a growing divide between traditional banks and crypto firms.

Will we see more pushback from banks against the crypto industry? Read more on

Binance banking problems highlight a divide between crypto firms and banks Banks are generally hesitant to deal with digital assets, especially without uniform regulations governing the nascent market.

Is decentralised finance (DeFi) the future of banking?

Traditional banks are starting to take notice and exploring ways to integrate DeFi into their operations

Click the link to read the article and learn more about this trend

Do Banks Now Have Their Sights Set on DeFi? Traditional banks and DeFi were once considered arch-rivals. But are banks now about to enter the DeFi space?

Legacy web2 companies making the journey to web3 🫡

The oldest running music streaming service, Napster is acquiring an NFT marketplace for artists🎵

This is the first in planned multiple acquisitions to bolster their web3 standing

Napster Begins Planned Acquisition Spree Amid Shift to Web3 Streaming music service Napster to buy platform that helps music artists build Web3 communities, mint songs and offer exclusive art to fans

🇨🇳China remains at the front-line of blockchain innovation.

China Telecom and Conflux Networks are partnering to build a blockchain sim with advanced capabilities such as storing private keys and allowing transfer of NFTs.

Conflux partners with China Telecom to develop blockchain SIM card The first pilot program for the BSIM is set to launch in Hong Kong later this year.

Two of the most popular cryptocurrencies, Bitcoin and Ether experience 8% and 5.5% increases in value over the past 24 hours 🚀

The rise comes after the CPI showed a slight fall in inflation 📉

Bitcoin Soars Past $24K to Reach 2-Week High Investors liquidated some $60 million of BTC short positions over the past 24 hours, pushing the price higher Wednesday, data shows. Ether also climbed.

With the recent allegations surrounding Paxos and $BUSD, users have flocked in numbers to rival $USDT

The market share of USDT keeps rising in the unpredictable stablecoin industry

Tether's USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.