CRYPTO MARKET MOVEMENT IN THE PAST 24 HOURS
🔹 World Liberty responds to the US Senate investigation regarding the stablecoin $USD1, stating that USD1 is not intended to undermine the USD, but to strengthen the role of the USD in the financial system.
🔹 $csUSDL – a yield-generating stablecoin issued by Coinshift – has surpassed $100M TVL amid strong demand for interest-bearing stablecoins, especially on the #Pendle platform.
🔹 12 people indicted in a $263 million crypto fraud case. The defendants are accused of using the fraudulent money for lavish spending.
🔹 KULR intensifies #Bitcoin mining, revenue up 40% in Q1. The company launches its own blockchain system, expands its $BTC holdings, and begins generating revenue from #Bitcoin mining activities.
🔹 Cobie – one of the prominent KOLs in the industry – will support Paradigm in early investment strategy for the community, similar to the Echo model he founded.
🔹 Commissioner Christy Goldsmith Romero will leave the CFTC on May 31. She is the second to announce resignation within 48 hours, as the CFTC's crypto oversight role is expanding.
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