The SEC is Not a Threat for the Stablecoin Market: Matrixport

Reading Time: < 1 minute According to Markus Thielen, head of research at Matrixport, the SEC is not tasked with destroying the market for digital currencies pegged to the dollar.

Former Jump Trading Devs Raise $19M

Reading Time: < 1 minute Monad Labs, which was founded by former Jump Trading developers, has raised $19 million in a funding round led by Dragonfly Capital.

Tether Remains Leader in the Stablecoin Market

Reading Time: < 1 minute The share of USDT is 51.31% of the total turnover of stablecoins.

Bakkt Will Shut Down its Consumer-focused Business

Reading Time: < 1 minute Bakkt will terminate the application for retail investors on March 16.

Clearpool Announces Plans to Launch an Institutional Platform

Reading Time: < 1 minute Cryptocurrency lending protocol Clearpool will launch a platform for institutional investors on Polygon.

Paxos Will Stop Issuing BUSD

Reading Time: < 1 minute Paxos has just announced the suspension of the issuance of BUSD due to a ban from the New York City Department of Financial Services.

Optimism Will Hold a Second Airdrop of its Native Token

Reading Time: < 1 minute The team of developers behind L2 protocol Optimism has announced it will distribute 11.7 million units of its native token OP.

Kraken’s Trading Volume Rises Amid Conflict with SEC

Reading Time: < 1 minute Trading on Kraken last week increased by 15%.

Kevin O’Leary: Most Altcoins Are Worthless

Reading Time: < 1 minute Kevin O’Leary has said that most digital assets are worthless and will eventually collapse to zero.