Yesterday, major cryptocurrencies experienced another drop in values. BTC saw a decrease of $90k, totaling a 2% loss at $89,900. ETH also fell by 3% to $3,100, SOL decreased by 3% to $134, and XRP took a significant hit of 7% down to $2.08. Among the top movers were LIT, WLFI, and XMR, all up by 3%. ZEC faced a substantial decline of 19% after its developer team resigned following a dispute with the board. The team has assured the formation of a new company to carry forward their mission. JPMorgan revealed its plans to introduce its JPM Coin on the Canton network, while Barclays made an investment in UBYX, a US stablecoin settlement startup, supporting infrastructure for easier movement of digital money among regulated institutions. The Senate Banking Committee is under growing pressure ahead of a crucial vote on legislation regarding crypto market structure next week. Wyoming launched its inaugural state-issued stablecoin, the Frontier Stable Token, now accessible to the public. World Liberty Financial's subsidiary has applied for a national trust bank charter with the goal of issuing and safeguarding its USD1 stablecoin under a federally regulated framework. StarkNet faced a significant multi-hour outage due to a block production bug, causing the network to briefly stop and rollback operations before resuming normal functionality.