Crypto markets have stabilized, ending a market free-fall that erased $693B from crypto’s market capitalization from May 5 to May 12. Crypto’s market capitalization fell from $1.81T on May 5 to lows of $1.12T on May 12. The market started to rise on Friday, and now rests at $1.28T, data from CoinMarketCap shows. The crash…

Norway’s central bank is embracing Ethereum’s Layer 2 for its central bank digital currency (CBDC) pilot. On May 16, Nahmii, an Ethereum L2, announced it had been tapped by Norges bank to host the sandbox for the country’s national currency, the krone. Nahmii said in a statement that it will “build, maintain, and train Norges…

After UST’s fall, we are starting to see a shift in preference between stablecoins. In this video we take a look into where the big players are allocating their capital.

ConsenSys-backed VillageDAO will provide customer care services to other web3 projects – with the first client being Metamask.

Robinhood will launch a Web3 wallet and plans to cover gas fees for users.

On May 16, Coinbase shared a wallet for its mobile app that lets customers access Ethereum-based dapps.

Aurora+, a Near Protocol EVM platform, offers 50 free transactions a month, a staking interface, airdrops and NFTs.

Tuesday, normally a day for a tutorial but as you know, there’s only one story we’re concerned about right now and it’s the ongoing saga of whether anything of Luna or UST or Terra in general can be salvaged from all this. ‘Terra is more than $UST’ says Do Kwon. But is he right?

“Legislation to regulate stablecoins, where used as a means of payment, will be part of the Financial Services and Markets Bill which was announced in the Queen’s Speech,” a spokesman for Her Majesty’s Treasury told The Telegraph.

LFG burned through its Bitcoin reserves in an attempt to shore up UST. Some of its swaps are raising eyebrows.