DeFining news: May 12th, 2023 📢

▪️Tether (USDT) reported a record reserves surplus of $2.4B.

▪️U.S. Department of Commerce sided with Coinbase against the SEC. And Texas even wants to include the use of digital currencies into the state’s Bill of Rights.

▪️As Bitcoin gas fees spike, BSV and other Bitcoin forks gain in price.

▪️There are more ETH staking deposits than withdrawals now.

▪️Ethereum’s Beacon chain stopped finalizing transactions for half an hour but then recovered.

▪️Deloitte is going to use the Kilt protocol (based on Polkadot) for its KYC verification processes.

▪️Sushiswap is launching concentrated liquidity on 13 blockchains in a fork of Uniswap’s v3.

▪️China is opening a center to train half a million distributed ledger technology (DLT) specialists.

▪️MetaMask will now allow users to buy ETH via PayPal.

📖For more details, see the full digest 👉 here