🪒 The hyped LAB token crashed by approximately 77% in a couple of hours — from a peak of around $24 to $5.7, losing almost $6.8 billion in capitalization.

Later, the asset partially recovered, but such a collapse immediately after an all-time high clearly shows how dangerous overheated and illiquid altcoins are.

@DeCenterOrg

🛑 A crash occurred in the Zcash network — new blocks have not been produced for over 4 hours.

@DeCenterOrg

🏦 Revolut plans to launch its own stablecoin-enabled bank in the US next year. Clients will be able to store dollars and cryptocurrency in a single app, and the company hopes to gain a foothold in the rapidly growing digital dollar market.

@DeCenterOrg

🇻🇳 Spacecoin announced a deal for $100,000,000 to launch decentralized satellite internet in Vietnam.

Spacecoin is a crypto project that aims to create a decentralized alternative to Starlink — satellite internet via blockchain infrastructure.

@DeCenterOrg

🇷🇺 The Central Bank wants to take into account experience with cryptocurrencies when obtaining qualified investor status — if a person has already invested in such "risky instruments" as crypto, this may be considered confirmation of experience for access to other complex assets.

The amendments are planned to be included in the general package of laws on cryptocurrency regulation in Russia, which is currently being finalized for the second reading in the State Duma.

@DeCenterOrg

🇬🇧 Russia imposed sanctions against a 17-year-old Brit for a study, in which he accused A7A5 of circumventing Western sanctions — in March, the teenager published a report claiming that the ruble stablecoin is backed by deposits from Russia's Promsvyazbank and used to evade restrictions.

The guy himself stated that his work "hit a nerve" with the Russian government, and called on Western countries to increase pressure on exchanges that allow converting A7A5 into cash.

According to CertiK, the stablecoin processed over $110 billion in transactions, despite sanctions from the US, EU, and UK.

@DeCenterOrg

🇪🇺 From July 1, the MiCA transitional period actually ends in the EU — crypto companies must now operate under a single CASP license, which can be "passported" across the entire European Union.

This is market maturation, but not a gift for startups — capital, compliance, IT security, and DORA requirements make entry expensive and complex.

In essence, Europe is closing the era of crypto-anarchy — it will become increasingly difficult for small players to survive, and the main beneficiaries will be banks, large exchanges, and companies with strong infrastructure.

The license does not guarantee earnings — it rather becomes an expensive pass into a market where margins are already low.

@DeCenterOrg