Terra Founder Do Kwon Granted Bail in Montenegro
Do Kwon, the founder of Terra, has been granted bail by a court in Montenegro while he faces a multibillion-dollar fraud case led by US prosecutors. The former CEO of Terraform Labs,…
Section
Altcoins
579 stories · page 57
Solana Announces Launch of Crypto-Focused Saga Smartphone
Solana has revealed the launch date for its crypto-centric Saga smartphone, with pre-ordered devices already being shipped. Solana Labs has officially confirmed that its crypto-ready smartphone, the Saga, will launch on May…
Twitter Changes Logo to Dogecoin, DOGE Price Surges
In recent years, Dogecoin has become a popular meme coin, but its real growth began when Tesla CEO Elon Musk started tweeting about it. Each time he tweeted positively about DOGE, the…
Elon Musk’s Lawyers Seek Dismissal of $258 Billion Dogecoin Lawsuit
Elon Musk and his legal team have requested a US judge to dismiss a $258 billion lawsuit filed by investors who accused him of operating a pyramid scheme to promote Dogecoin. The…
Tether (USDT) CTO Claims Company Holds 1.7B Surplus Reserves
According to Tether’s chief technology officer Paolo Ardoino, Tether, the issuer of stablecoin USDT, is expecting to make a $700 million profit in the first quarter of 2023, which is similar to…
KuCoin Ventures Invests $10 Million in CNHC Stablecoin Issuer
KuCoin Ventures, the investment arm of cryptocurrency exchange KuCoin, has invested $10 million in CNHC, a Chinese yuan-pegged stablecoin issuer and blockchain-based payment service provider. The funding round also included KuCoin’s investor…
Circle Announces New Banking Partner After Silicon Valley Bank Shutdown
Over the weekend, concerns arose over $3.3 billion worth of USDC reserves being held at Silicon Valley Bank, which was shut down by the California Department of Financial Protection and Innovation on…
Circle CEO: USDC Reserves at Silicon Valley Bank Safe and Available
U.S. company Circle announced on March 14 that its $3.3 billion USDC reserve deposit, which had been held at the collapsed Silicon Valley Bank, would be fully available when U.S. banks opened…
Circle to Cover Shortfall in USDC Stablecoin Amidst SVB’s Collapse
Circle Internet Financial, the issuer of the USDC stablecoin, has pledged to “cover any shortfall” in the assets backing the stablecoin. This comes as the company did not receive the entirety of…
Binance USD (BUSD) market cap drops below $10B due to regulatory issues
Binance USD (BUSD), a stablecoin issued by Paxos, has experienced a market capitalization drop below $10 billion for the first time in two years. The decline is allegedly due to regulatory actions…
You are all caught up.