CHINA BITCOIN MINING RETURNS - LEDGER CRYPTO BROWSER - STABLECOIN REGULATIONS - ALGORAND WORMHOLE

China has returned as the second-largest Bitcoin mining hub, with 21.1% of the total global BTC mining hash rate. Ledger is adding a browser extension on Safari called Ledger Connect that will allow users of Ledger hardware wallets to easily connect with Web 3 applications. Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin’s backing. Terraform’s legal team has reportedly resigned following the $UST crash. The Jump Crypto-backed cross-chain bridge Wormhole has launched support for the Algorand blockchain.

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