MX.eth

@zabihullah12

846 Following

1047 Followers

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The issuance of stablecoins on Ethereum has reached a new record of $132.4 billion, indicating a strong recovery after a decline of over 37% in 2024 from the previous peak of more than $120 billion in 2022.

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Binance's wallet has uncovered an insider trading case in which one of its employees used their previous position's information on the BNB Chain to profit from token releases before their official announcement. Binance is cooperating with legal authorities and will assist in ongoing judicial investigations.

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Circle, as the first global issuer of a dollar-backed stablecoin, has received regulatory approval in Japan. The company's USDC stablecoin is set to be launched on the SBI VC Trade platform on March 26, 2025.

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Ready for some COCK and EGGS action?

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GM Farcaster now or lose your streak! 🔥 #GM #AirdropHunt #BitcoinGM gmonchain.vercel.app

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According to reports, Kraken is collaborating with Goldman Sachs and JPMorgan on increasing a potential $1 billion debt to finance its development plans. The exchange is also considering a stock round as it prepares for a potential initial public offering (IPO) in the first quarter of 2025, capitalizing on the improved regulatory outlook in the United States.

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I am in THE BOLE THE BOLE starts to cook. I am ID 2397 and onboarding right now. I am beginning to charge my mystical energy. I believe we will need it when we go into THE BOLE. 🍲

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GM every day = Airdrop gold! Let’s go! 💰 #GM #Replyguys #GMstreak https://gmonchain.vercel.app

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I completed the Sign Game with 22 moves in 00:49! @ethsign @starit

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I just registered for @ampsfun

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Airdrop frame by @mvr

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🦁 Join me in playing Lion Game @kinglion! Collect points and earn tokens! My total points: 46 points 🎯

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The German Federal Financial Supervisory Authority (BaFin) has identified serious deficiencies in the approval process for USDe tokens issued by Ethena GmbH. Consequently, BaFin has issued an order for immediate action to prevent the public offering of these tokens. Additionally, the company has been instructed to ensure that the custodian of its assets freezes the corresponding reserves. In response, Ethena Labs stated that this decision will not affect the current listings of USDe or the minting and redemption process of the tokens through Ethena (BVI) Limited, which serves most of its users. The company assured that USDe remains fully backed, no assets have been "frozen," and all assets are available for redemption. Ethena Labs also noted that it will review its terms and conditions in the coming week.

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The International Monetary Fund (IMF) has updated its Balance of Payments Manual (BPM7) to include digital assets. According to this classification, cryptocurrencies like Bitcoin are categorized as non-productive and non-financial assets, while tokens with corresponding liabilities, such as stablecoins, are considered financial instruments. Under the new framework, Bitcoin and similar assets are classified as capital assets in the capital account, whereas tokens like Ethereum and Solana are treated as equity-like assets in the financial account. The IMF has also recognized staking rewards and validation services as income, reflecting the growing economic impact of digital assets and increasing transparency in macroeconomic statistics.

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In 2024, the number of cryptocurrency investors in South Korea increased by more than 50%, reaching 9.66 million people, which accounts for approximately 20% of the population. Notably, one out of every four investors is over the age of 50. Additionally, about half of the high-net-worth investors, who hold more than 1 billion KRW ($682,000) in cryptocurrency, are 50 years old or older.

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I just joined the waitlist for Arrows! A fun new game coming soon ↑

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The CEO of Tether, Paolo Ardoino, is in negotiations with one of the largest auditing firms (PwC, Ernst & Young, Deloitte, or KPMG) to conduct an audit of the reserves dating back to 2017.

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Claiming my @socialtoken airdrop and crediting @bangcode with my social airdrop

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I'm a Speculator-Pragmatist (4.5, 3.8) on the Onchain Alignment Chart! Check out your position:

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🕹️ Come play games in the Farcade!

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