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**Cryptocurrency News:**
• Tether, the world’s largest stablecoin, regained its peg to the dollar after more than $3 billion worth of tokens left the system in a single day.
• Coinbase users are reporting difficulty withdrawing funds, heightening fears amid a widespread crash in cryptocurrency prices.
• US Treasury Secretary Janet Yellen said Thursday that the stablecoin market has not yet reached a size that would pose a systemic risk to the US financial system.
• MicroStrategy’s massive bet on bitcoin is in the red after the cryptocurrency’s price fell below the software company’s average purchase price.
• David Marcus, the former head of Meta’s crypto and digital finance operations, has unveiled his latest endeavor: a company aimed at expanding the use cases of bitcoin.
• The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central African Republic and will act as an adviser to the country’s president.
• The circulating supply of Luna surged to more than 6.5 trillion by the time the Terra blockchain was halted for a second time in an attempt to salvage the collapsing ecosystem.
• Crypto lending business Celsius had at least half a billion dollars of funds parked in Anchor Protocol but appears to have pulled all of it out over a frantic 24-hour period earlier this week.

** CoinMarketCap Top 10 Trending Cryptos:**
1. GMT
2. CAKE
3. MIM
4. CRO
5. LUNA
6. WLUNA
7. USDT
8. GAL
9. BUSD
10. MIOTA

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