Stablecoin Supply Exceeds $10 Billion
Tether (USDT) continues to dominate, representing 85% of the total stablecoin supply. USDC follows at a very distant second (7.2%).
Telegram Abandons Gram Token Project and Open Network (TON)
Telegram CEO Pavel Durov announces it is discontinuing the Telegram Open Network (TON) and the GRAM token after a regulatory battle with the US Securities and Exchange Commission (US SEC).
Ripple Co-Founder Sold 1.8 Million XRP a Day in April 2020
News site The Crypto Associate commented that McCaleb’s constant sell pressure is creating a daily price suppression for XRP.
Crypto Tracker App Blockfolio Fixes Security Hole Quietly
Popular crypto tracking app Blockfolio patched a security vulnerability that, if left alone, could have potentially put their users at risk.
Report: Quiet Q1 2020 for Ripple-MoneyGram Partnership
The MoneyGram CEO stated that what they have with Ripple is a “good partnership” and he expects they will generate profits on “new services and new corridors”.
Bitcoin Wallets with 0.1 BTC is increasing
As the bitcoin halving draws near, a new report suggests that the number of users with at least 0.1 BTC (Php 44,000 when this is written) is increasing.
Research Suggests Ransomware is Down Due to COVID-19
The number of successful ransomware attacks has decreased to a level not seen in several years.
Ripple Sues YouTube for Allowing XRP Giveaway Scams
The lawsuit concerns scams on YouTube that entice investors to send XRP to specific wallets in exchange for a bigger amount of XRP in return.
LendF.Me Hacker Returns All Stolen Funds
It was also found out that the hacker may have revealed himself after he leaked important “metadata”.
Value of All Stablecoins in Circulation Surpasses $9 Billion
Many are suggesting that the increase in the stablecoin circulation is a catalyst for an upsurge of bitcoin price in the future.