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CRYPTO BREAKING NEWS! (14/05/24) ✦ Tether Freezes Approximately 5.2 Million USDT across 12 Addresses ✦ Over 852,000 Active Wallet Addresses Interacted With the Solana Ecosystem in the Last 24 Hours ✦ Coinbase Investigating Widespread System Outage; Assures User Funds Are Safe ✦ USDT Circulation on TON Reaches $200 Million in Less Than a Month ✦ Block Production Halts for 10 Hours on L3 Chain Degen Chain According to Blockscout Data

CRYPTO BREAKING NEWS! (14/05/24)

✦ Tether Freezes Approximately 5.2 Million USDT across 12 Addresses

✦ Over 852,000 Active Wallet Addresses Interacted With the Solana Ecosystem in the Last 24 Hours

✦ Coinbase Investigating Widespread System Outage; Assures User Funds Are Safe

✦ USDT Circulation on TON Reaches $200 Million in Less Than a Month

✦ Block Production Halts for 10 Hours on L3 Chain Degen Chain According to Blockscout Data

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CRYPTO BREAKING NEWS! (22/5/24) ✦ According to U.Today, on this day in 2010, Florida-based software developer Laszlo Hanyecz made history by purchasing two pizzas for 10,000 Bitcoins. This marked the first commercial transaction using the original cryptocurrency. Laszlo had posted a request to buy pizzas with Bitcoin five days before the actual transaction on the renowned BitcoinTalk forum. With Bitcoin's current trading value close to $70,000, the two Papa John's pizzas would now be worth over $700 million. Fourteen years ago, these pizzas were valued at just $41. ✦ Blockchain data reveals that more than 13,300 Ethereum (ETH) tokens have been sent to the Ethereum burn address, with a current value exceeding $50 million. In addition, data from Ultrasound Money indicates that the rate of ETH burning is significantly lagging behind its issuance rate. On average, 303,000 ETH tokens are burned annually, while 918,000 are issued each year. This information provides insight into the current state of Ethereum's token economy, highlighting the disparity between the number of tokens being destroyed and those being created. ✦ The Ethereum L2 network Linea TVL has broken through the $1 billion mark, setting a new historical high. The network has seen an increase of over 40% in the past seven days. This significant growth indicates a rising interest and investment in the Ethereum L2 network Linea TVL. ✦ A significant transaction involving USDC coins has been detected. The transaction, which took place at 12:57:11 Beijing time, saw a total of 271 million USDC coins being transferred from an unknown wallet to MakerDAO. ✦ Data from Santiment reveals that the number of small Ethereum wallets, holding 10 or fewer ETH, continues to rise, reaching a record high of 121.74 million. In contrast, the number of 'Smart Money' wallets, those holding between 10 and 10,000 ETH, has decreased by 5.8% over the past year. Furthermore, the number of large 'whale' wallets, holding more than 10,000 ETH, has decreased by 10.6%.
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