In April, the trading volume of stablecoins on the Ethereum chain reached a record high of 908 billion US dollars

On May 16th, according to Bloomberg, Fifth Third Bancorp, headquartered in Nashville, Tennessee, USA, began building partnerships with cryptocurrency companies about five years ago but has not made significant investments until the regulatory environment became clearer. According to the strategic director of the bank, the time has now come. Ben Hoffman, Chief Strategy Officer of 5-3 Bank, stated that the bank is considering how to further expand its cryptocurrency business after establishing a small customer base that uses the bank's deposit accounts and payment capabilities. These customers use the bank's services to handle operational affairs such as salary payments and income receipts. It is reported that Bank of the Ohio Valley, formerly known as Bank of the Ohio Valley, was founded in 1858 in Cincinnati, Ohio. In 1871, Ohio Valley Bank was acquired by the Third National Bank of the United States. In the early 20th century, the Third National Bank merged with the Fifth National Bank, and the merged bank was renamed Fifth Third Bank.

Odaily Planet Daily News: BNB Chain has released a token purchase announcement for its $100 million incentive plan, announcing that the BNB Chain Foundation Wallet has completed a new round of asset purchases, with each spending $25000 to purchase KOMA, KILO, and WOD. As of today, the BNB Chain Foundation wallet has purchased 10 tokens: Broccoli （714）、ST、Mubarak （6f6）、AIOT、SKYAI、 CGPT、SIREN、KOMA、KILO、WOD。

BlockBeats News: On May 16th, according to Globe Newswire, US listed company Basel Medical Group Ltd announced today that it has launched exclusive negotiations for a $1 billion Bitcoin (BTC) acquisition plan. This plan will significantly diversify the company's financial reserves while continuing to focus on expanding in the healthcare services sector.

JUST IN: Steak 'n Shake officially begins accepting Bitcoin at all locations.

The current price of ETH is $2583.94, with a 3.69% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.13 million US dollars, with multiple orders being the main liquidation and 2.77 million US dollars (27.36%) of ETH liquidation. The data is for reference only.