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02:12
Aura Meme Coin Market Cap Rebounds, Surpassing $30 million, with a 24-hour Increase of 32.6%
BlockBeats News, May 13th, according to GMGN monitoring, the Solana-based Meme coin aura rebounded after a pullback, with a market cap breaking $30 million from a low of $20 million, a 32.6% increase in 24 hours, and a 24-hour trading volume of $2.3 million. The surge in aura this round originated from a meme picture with the caption "aura maxxxxing" posted on an exchange's official Twitter on May 9th, triggering a frenzy in the Solana-based Meme coin market. BlockBeats reminds users that Meme coins are highly volatile, often rely on market sentiment and hype, have no actual value or use case, and investors should be aware of the risks.
02:01
Injective USDC will become the primary stablecoin standard for the Cosmos ecosystem and dYdX.
Foresight News reports that Cosmos Hub and Cosmos Labs have confirmed that Injective USDC will become the primary stablecoin standard for the Cosmos ecosystem and dYdX. Injective has committed to at least four years of long-term USDC support, providing developers, institutions, and applications with the necessary capital reserves. The migration will gradually take place over the coming months. dYdX will be the first to complete the migration. Cosmos Labs is coordinating the migration of other chains and applications throughout the ecosystem.Skip Protocol's Skip:Go currently handles the majority of cross-chain transfers in Cosmos, and it will adopt Injective USDC as its default USDC. Cosmos Labs will release migration tools for chains and applications migrating from other USDC sources.Earlier this year, Noble announced its exit from the Cosmos platform. Noble has long been the native USDC issuer for IBC. This move left Cosmos chains and applications without a long-term issuance source. Injective will fill this gap and has taken on an issuance volume of over 100 million dollars.
02:00
The Central Bank of Brazil fined Banco Topázio approximately $3.15 million and banned it from conducting over-the-counter crypto asset foreign exchange operations for two years.
ChainCatcher news, according to Times Brasil, the Administrative Sanction Procedure Decision Committee under the Central Bank of Brazil has imposed a fine of approximately 3.15 million USD on Banco Topázio and prohibited it from conducting over-the-counter foreign exchange business for virtual asset transactions for the next two years.
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