The stablecoin is available on both the XRP Ledger and Ethereum blockchains.
This figure more than doubles the previous record of nearly $28.5 billion set in December 2023, marking a significant milestone in the blockchain's history.
The heart of the SEC's lawsuit, filed last June, accuses Coinbase of acting as an unregistered securities exchange, broker, and clearing agency.
After the DOJ charged KuCoin with violating anti-money laundering laws, the exchange announced plans to airdrop $10 million worth of $BTC and $KCS to its users.
KuCoin, along with two of its founders, have been charged with violating anti-money laundering laws.
The prosecution has called for a prison term ranging from 40 to 50 years.
After several weeks of upward momentum, the cryptocurrency market has recently seen a notable decline. Its overall market capitalisation has decreased by more than 3% in a single day.
Recently, Ethereum has experienced a bullish surge, crossing the crucial $3,000 mark. This uptick is largely due to major stakeholders withdrawing and staking significant amounts of $ETH.
After a mostly anonymous year of price action, Bonk ($BONK) has recently seen its value explode with it becoming the third largest dog-themed crypto by market capitalisation.