📰 Today’s Crypto Headlines (May 8, 2026)

🔥 Stablecoin market cap hit a new ATH at $321B in April (+1.6% MoM), marking 3 straight months of growth. USDT leads with $190B+ supply.

⚡ South Korea approved an amendment to its foreign exchange law to bring crypto exchanges under tighter oversight (212–0, 1 abstention).

📉 1inch market maker TrustedVolumes confirmed a ~$6.7M hack. Funds were reportedly converted to $ETH , linked to abuse of a publicly callable signer/authorization function.

ETH

2,318.68

+1.75%

#Crypto #Stablecoins #Regulation #Security #CathieWoodandCZDiscussAIandStablecoins