Customers Bancorp, a small bank in Pennsylvania, has become a major player in the crypto industry, offering 24/7 services for crypto clients. Meanwhile, Reddit's MOON cryptocurrency has seen a 200% surge following a change in the platform's terms of service, indicating a potential shift towards embracing web3 tokens. Ripple Labs is also in the spotlight, hoping for a resurgence in the use of its XRP product by US banks following a favorable legal ruling. However, not all news is positive, as Thodex founder Faruk Fatih Özer has been sentenced to prison for failing to submit requested documents during his trial. Lastly, Kraken, a cryptocurrency exchange, has seen its market share in the US double in the last 18 months, largely due to a significant increase in the number of users on its Kraken Pro application.
