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ApeCoin leads in NFT and Metaverse market share, but are APE’s hefty staking rewards sustainable?

An upcoming unlock of around 9% of APE’s circulating supply in March 2023, along with not-so-impressive fundamentals, will add further headwinds for the token. The gains in APE will depend on the success of the blockchain gaming projects in the ApeCoin ecosystem and new partnerships between Yuga Labs and big brands.

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Source: Cryptocurrency - investing.com

FirstFT: US-China surveillance balloon allegations mount

Crypto firm Paxos to face SEC charges, ordered to stop minting Binance stablecoin