Data from CryptoQuant shows a sharp drop in activity on the Shiba Inu network last week. The number of active addresses fell by about 33% in just one day, going from a weekly high of 2,568 to 1,707.
According to the keen-eyed folks at TRM Labs, who have taken it upon themselves to serve as the vigilant watchdogs of the crypto realm, their latest endeavor, dubbed “Operation Atlantic,” has successfully frozen a whopping $12 million in funds that were suspiciously acquired. Who knew money could take a vacation without permission?
Stablecoins, those silent puppeteers of Asia’s digital plumbing, have orchestrated payments to the tune of $245 billion, a symphony that constitutes 60% of global stablecoin volume. Ah, the irony! While the world sleeps, Asia’s financial veins pulse with digital lifeblood, making Stables’ fiat-to-USDT corridors and its partnership with Mansa the unsung heroes of cross-border money’s odyssey.
Brix, a company that turns real-world assets into digital tokens, has secured $5.5 million in funding. They plan to offer sophisticated investment strategies on the blockchain, joining other major players like BlackRock and Franklin Templeton who are also exploring this technology. The new funding will be used to launch Brix on the MegaETH network, allowing them to create tokens representing loans and other investments from developing countries, targeting investors who understand both the risks of crypto and emerging markets.
Bernstein, ever the dapper financial curiosity, forecasts a market roaring to a neat $1 trillion by 2030, morphing from a niche pastime into a sprawling tapestry of sports, crypto, politics, and the economy.
And what’s to blame for this sudden stillness? Some say it’s the whispers of Donald Trump and Xi Jinping, their diplomatic dance over the Strait of Hormuz adding a breeze of geopolitical calm to the already tightening supply winds. Others reckon it’s just the natural order of things-the land can only bear so much before it cracks.
Senate Banking Committee Chairman Tim Scott holds the keys to the kingdom. Under committee rules, the bill text must be published at least 48 hours before any markup hearing. Once Tillis releases the revised text this week, the clock starts ticking. Scott has the votes to move the bill out of committee, yet he remains as silent as a sphinx. No date has been announced, leaving the industry in a state of suspense akin to waiting for the punchline of a very long joke.
Apex 2025, you say? Oh, what a jolly good show it was! Over 800 attendees – developers, builders, investors, and users from across the globe – all huddled together like penguins in a blockchain blizzard. Quite the spectacle, I must say.
The token’s price has stopped dropping for now and is currently holding steady above $0.165.
