Froklog

Cryptocurrency turnover in global trade flows reached $2.8 trillion in 2021, with stablecoins contributing $1.2 trillion. The study by BIS shows a growing crypto ecosystem despite fluctuations, highlighting shifts in geographic activity. Regulatory measures have minimal impact on these flows. Financial incentives and reduced barriers drive cross-border crypto transactions. The US, UK, and emerging markets like India, Indonesia, Turkey, and Russia play significant roles in crypto transactions. The study suggests increasing interest in stablecoins due to lower alternative costs and high inflation rates. The findings also hint at countries exploring their own stablecoins tied to different currencies.

Credit DeFi protocols have surpassed DEX in volumes. Aave leads, with total locked value of $53.3B. Founder Henrik Andersson attributes this shift to lending being a stable income source. DeFi lending market share is predicted to reach 65% by 2024 end. Galaxy reports a 960% increase in DeFi loans since late 2022. Institutional involvement and regulatory clarity are expected to drive future growth. TVL of DeFi protocols dropped by 27% in Q1 2025.

David Bailey's firm raised $710 million for a Bitcoin reserve with KindlyMD. The merger will focus on integrating cryptocurrency into traditional financial structures, making Bitcoin available to all investors. Investors include Arrington Capital, VanEck, and key individuals. The merged company's stocks will temporarily keep the ticker KDLY on Nasdaq. Nakamoto also partnered with BTC Inc. for marketing support. KDLY's stocks rose by 404.87% post-merger announcement.

Alibaba cuts AI search engine training costs by 88% with ZeroSearch, improving neural networks' search capabilities. This innovation reduces reliance on expensive external search infrastructure, offering significant cost savings. It demonstrates potential to enhance search capabilities according to researchers.

Teenagers in Las Vegas abducted a crypto investor and stole $4 million in cryptocurrencies. Two 16-year-olds from Florida have been arrested, while a third suspect remains at large. The victim was taken to a gas station after being threatened and managed to seek help. The pretrial hearing is scheduled for July 2025.

Coinbase considered investing a significant portion of their savings in Bitcoin like Strategy but declined due to financial risks, as reported by Bloomberg. The decision aimed to avoid competing with clients and protect the startup from potential harm. Coinbase currently holds $1.3 billion in crypto assets as investments and plans to increase deposits. Experts suggest that Strategy-like approach suits companies with slow growth and high cash levels, predicting corporations to increase digital gold holdings to $330 billion by 2029.

Sergei Mendeleev discusses the pressure from law enforcement and USDT blockades in the Russian crypto industry, emphasizing the lack of clear regulations hindering businesses. He highlights the USDT account blockade and the introduction of cryptoruble for simplifying cross-border payments. Mendeleev believes that the Central Bank's prohibitions will not halt the industry's progress.

Founder of Celsius sentenced to 12 years in prison for fraud and market manipulation, ordered to pay $48 million. His crimes described as "extremely serious" by the judge. Victims' losses exceeded $4.7 billion. No appeal allowed, will start serving sentence in September.

Законопроект о стейблкоинах провалился на ключевом голосовании в Сенате США
8 мая законопроект о стейблкоинах (GENIUS Act) не прошел ключевое процедурное голосование в Сенате США Это произошло после отказа ряда демократов с выдвижением документа на обсуждение верхней палатой Конгресса, пишет Decry

В Sygnum оценили перспективы соперничества Ethereum и Solana
Нет убедительных признаков того, что Solana превзойдет Ethereum в качестве предпочтительного блокчейна для институционалов. Такое мнение представили эксперты швейцарского криптобанка Sygnum.
Согласно отчету, текущие настроения вокруг Et

Hackers stole $45 million from Coinbase users in a week using social engineering. ZachXBT reported ongoing vulnerabilities leading to over $300 million lost to scams this year. Coinbase security chief suggests a unified registry to enhance threat analysis and user protection.

CryptoQuant's CEO apologized for wrongly predicting the end of Bitcoin's bull cycle, attributing it to changing market dynamics with the influx of institutional funds through ETFs. Despite a sluggish market, he emphasized the value of on-chain metrics and pledged to enhance analysis quality.