Stablecoins Power $1.1T TradFi Perpetual Trading, Binance Says

The post BNB Chain makes 1,000,000 TPS moonshot bet on AI as BNB price slips to 2024 lows appeared on BitcoinEthereumNews.com. Binance-backed BNB Chain is restructuring its underlying architecture and setting a long-term goal of processing 1 million transactions per second while integrating protocol-level privacy. The strategic pivot aims to capture two distinct yet demanding emerging markets: traditional financial institutions and the nascent sector of autonomous artificial intelligence agents. This aggressive technical roadmap arrives at a critical juncture for the network, which has faced notable headwinds in the past year. Data from CryptoSlate shows that the network’s native token, BNB, has tumbled more than 35% this year to $563, its lowest valuation since October 2024. Furthermore, its network activity has also trailed some rivals, with BNB Chain transactions declining 12.5% in the first quarter of the year while Solana and Ethereum posted gains of 46.4% and 38%, respectively. T

The post USDT Wins Payments, USDC Wins DeFi: How Stablecoins Are Splitting The Market appeared on BitcoinEthereumNews.com. For all the talk about stablecoins being interchangeable commodities, the numbers from the first half of 2026 paint a starkly different picture. USDT and USDC, the two behemoths that together control 83% of the $315 billion stablecoin market, are no longer competing for the same turf. Instead, they are carving out entirely distinct domains. According to the original report, Dune Analytics data compiled by Cointelegraph shows USDT processed roughly $95 billion in commercial payment settlements in the first half of the year. USDC managed a fraction of that, just $14 billion. The gap widens further in business-to-business transactions, where USDT held 92% of the market. USDT’s Grip on Commercial Payments The Tron network remains the backbone of this payment dominance. It is the largest host for USDT, and on that chain, about 93% of the token supply sits in regular wal

Reduced cooperation from Binance could shift market dynamics, benefiting U.S.-regulated exchanges and impacting global crypto enforcement strategies. The post DOJ memo warns of reduced Binance cooperation on crypto cases starting June 8 appeared first on Crypto Briefing.

The expansion of MiCA rules could reshape global crypto markets, prompting regulatory alignment and impacting cross-border stablecoin operations. The post European Commission set to expand MiCA rules to tokenization and stablecoins appeared first on Crypto Briefing.

A new Binance Research report said stablecoins are fast becoming a preferred settlement layer for tokenized TradFi markets while gaining traction in payments and savings.

The post DOJ Reportedly Warns of Binance Cooperation Shift appeared on BitcoinEthereumNews.com. The US Department of Justice (DOJ) reportedly warned prosecutors to expect reduced cooperation from Binance in cryptocurrency investigations, according to The Information. The reported internal memo suggests investigators may face stricter legal requirements when seeking account freezes and asset seizures. Binance, however, has strongly denied making any changes to its law enforcement cooperation policies. DOJ Memo Signals Tougher Process for Crypto Investigations According to a report on The Information, the DOJ circulated an internal memo warning attorneys handling digital asset cases that Binance would no longer provide so-called “courtesy freezes” beginning June 8. Courtesy freezes are voluntary, temporary account restrictions that exchanges can apply upon requests from law enforcement or victims while formal legal documentation is obtained. The memo reportedly states that Binance will i

The post Nexo Card Goes Live In Argentina Under Andres Ondarra’s Leadership appeared on BitcoinEthereumNews.com. Nexo, a popular digital asset wealth entity, is launching Nexo Card in Argentina. The development signifies a key moment for Nexo’s strategy for expansion in Latin America. As Nexo mentioned in its official announcement, the launch parallels Andres Ondarra’s appointment as Nexo Argentina’s General Manager, who previously served as an executive at Binance. Hence, this move signals a clear commitment to regional growth. Nexo Card Launches in Argentina to Boost Adoption of Digital Wealth With Nexo Card’s rollout in Argentina, Nexo endeavors to advance its Latin American strategy. This, at a time when Andres Ondarra has become Nexo Argentina’s General Manager, highlights the endeavors to turn Buenos Aires into its primary operational hub within Latin America. Together, the respective developments signify Nexo’s attempts to incorporate digital wealth instruments into daily financ

The post LAB Token Crashes 85% Ahead of Airdrop Unlock, ZachXBT Calls Out Binance, Bitget, and Gate appeared on BitcoinEthereumNews.com. LAB token just lost 85% of its value in under 24 hours, collapsing from $14, a price that implied a $14 billion fully diluted valuation, to just under $2. On-chain investigators and market watchers are describing it as a textbook case of insider-controlled price manipulation playing out in plain sight. ZachXBT has publicly called out Binance, Bitget, and Gate by name for failing to take action, and a separate on-chain analyst is flagging suspicious wallet activity that suggests the worst of the selling pressure may not be over yet, with an airdrop unlock still pending. The combination of insider-controlled float, late vesting schedule changes, and a dev wallet moving tokens to a centralized exchange right before a community airdrop is claimable has put the LAB situation on the radar of anyone paying attention to how token launches go wrong. An 85% Cra