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2023-05-18 21:20:16 ​​Crypto News Digest: Key Updates You Need to Know
18 May 2023

This digest provides a quick overview of the most significant cryptocurrency news, that worthy of your attention.

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2023-05-18 19:50:12 ​​Coinbase has announced the launch of its subscription service, Coinbase One

Coinbase will launch its subscription service, Coinbase One, in 35 countries in a bid to retain users and grow its recurring revenue streams. The subscription service offers a host of features, including no trading charges, higher staking rewards, 24/7 customer support, and pre-filed tax return documents. Coinbase has been attempting to reduce its reliance on its home market following a string of unwelcome moves by U.S. regulators.

techcrunch.com/2023/05/18/coinbase-one-subscription-launch

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2023-05-18 19:50:00 ​​Top 10 Cross-Chain Bridges by Volume (30d)
18 May 2023

Cross-chain bridges are software applications that enable transactions to occur between various blockchains. We present the top cross-chain bridges by volume in the last 30 days, according to the data from DefiLlama.

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2023-05-18 18:20:00 ​​TOP GAINERS OF THE DAY!
18 May 2023

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2023-05-18 17:00:06 ​​Leading crypto teams and investors launch $50M Cross-Chain Fund powered by Wormhole

Borderless Capital will become a manager for a new $50M cross-chain ecosystem fund focused on backing and growing new startups that leverage the Wormhole cross-chain messaging protocol. The fund is backed by Jump Crypto, Polygon Ventures, Aptos Labs, Solana Foundation, Sei Foundation, Algorand Foundation, The Moonbeam Foundation, Optimism, Circle, Arrington Capital, GSR, and others.

decrypt.co/140568/leading-crypto-teams-and-investors-launch-50m-cross-chain-fund-powered-by-wormhole

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2023-05-18 15:25:05 ​​Coin of the day by social activity - Ripple (XRP).
18 May 2023

Ripple is a money transfer network designed to serve the needs of the financial services industry.

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2023-05-18 14:35:00 ​​Ripple (XRP) has announced the launch of platform for Central Banks to issue their CBDCs

Ripple is kicking off a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. Thought this innovation, government institutions will be able to manage and customize the entire life cycle of the CBDC, which includes minting, distribution, redemption and token burning.

coindesk.com/policy/2023/05/18/ripple-starts-platform-for-central-banks-to-issue-their-cbdcs/

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2023-05-18 13:45:00 ​​Uniswap (UNI) V3 will be deployed on Polkadot via the Moonbeam parachain

Uniswap, a leading decentralized crypto exchange (DEX), V3 is coming to Polkadot on the Moonbeam parachain after a near-unanimous governance vote conducted by Blockchain at Michigan. The expansion aims to increase volume and liquidity across the ecosystem. The offer was accepted primarily for two reasons: Moonbeam's highest DeFi activity in Polkadot ecosystem and its architecture that is the most EVM-friendly in the Uniswap ecosystem.

twitter.com/Polkadot/status/1658820737384292352

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2023-05-18 13:00:06 ​​TOP DeFi Projects by Social Activity
18 May 2023

Social Mentions. Social mentions and activity from all collected sources over time.

Social Engagement measures total social activity and includes upvotes, favs,retweets, replies, and followers.

Social Dominance. Social dominance calculates the "share of voice" across all social media data.

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2023-05-18 12:20:00 ​​Tether will regularly allocate up to 15% of its profits toward purchasing Bitcoin (BTC)

Tether, the issuer of the $USDT stablecoin, has announced its latest investment strategy aimed at further strengthening its reserves portfolio. Starting this month, Tether will regularly allocate up to 15% of its net realized operating profits towards purchasing #Bitcoin $BTC. Under this new approach, Tether will focus exclusively on utilizing realized profits from its investment strategy, disregarding unrealized capital gains generated by price increases.

tether.to/en/tether-to-further-strengthen-reserves-through-purchase-of-bitcoin-with-realized-net-operating-profits

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