AiCoin丨5.3 Snapshot: Price Consolidation, DeFi Exploits, Stablecoin Legislation

1. The Central Bank of Brazil prohibits fintech companies from using cryptocurrencies for cross-border payments 2. Trump criticizes banks for obstructing cryptocurrency legislation, saying crypto has become mainstream 3. BlackRock opposes the Office of the Comptroller of the Currency's proposal to set a 20% cap on tokenized reserve assets 4. Iran responds to the US proposal with 14 conditions, including unfreezing assets, military withdrawal, and war reparations 5. One exchange: Lawmakers have reached an agreement on stablecoin yield provisions, clearing the way for the Clarity Act 6. Arbitrum decides by vote to unfreeze 71 million USD worth of ETH to address the Kelp DAO vulnerability 7. Kelp DAO suffers a $292 million attack, shaking the DeFi market, while Apollo and BlackRock continue to advance on-chain finance 8. CryptoQuant analyst: Bitcoin would need to drop to $59,000 to bottom out, which may take around 6 months The above are the top highlights from the past 24 hours, click to read the full article: https://www.aicoin.com/article/531886