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$104,000,000 Seized From Terra (LUNA) Co-Founder by South Korean Authorities: Report

South Korean authorities have reportedly seized over $100 million from Shin Hyun-seong, the co-founder of collapsed stablecoin issuer Terra (LUNA).…

November 20, 2022

Cardano (ADA) Commercial Arm Unveils Plan To Launch Fiat-Backed Stablecoin Pegged to US Dollar

The commercial branch of the Cardano (ADA) blockchain is revealing plans to launch a new fiat-backed crypto asset pegged to…

November 18, 2022

Circle CEO Jeremy Allaire Says Stablecoin-Issuer Not Affected by Troubles at Crypto Exchange FTX

The CEO of USD Coin (USDC) issuer Circle says that crypto exchange FTX’s liquidity issues bear no significant impact on…

November 10, 2022

Ripple Helps Bring New Euro-Pegged Stablecoin to XRP Ledger

The team behind the largest euro-backed stablecoin is announcing integration with Ripple Lab's XRP Ledger (XRPL). In a new blog…

November 1, 2022

Federal Prosecutors Take Over Tether Investigation, Looking Into Potential Fraud Committed by Executives: Report

The New York Justice Department is taking over a year-old investigation into top stablecoin issuer Tether. Washington federal prosecutors warned…

October 31, 2022

Crypto Exchange FTX Plans To Develop Stablecoin, Says CEO Sam Bankman-Fried: Report

The Bahamas-based crypto exchange FTX could soon develop its own stablecoin, according to the firm's chief executive, Sam Bankman-Fried. In…

October 28, 2022

Thousands of Retail Investors Organize Manhunt for Terraform Labs Founder Do Kwon: Report

A large group of retail investors are reportedly organizing a manhunt to locate the whereabouts of Do Kwon, the founder…

October 19, 2022

Do Kwon Says Terra Luna’s $40,000,000,000 Collapse Is ‘My Responsibility – and My Responsibility Alone’

The founder of embattled stablecoin issuer Terra (LUNA) is taking sole responsibility for the crypto project's multibillion-dollar collapse earlier this…

October 18, 2022

Circle CEO Jeremy Allaire Says Company Intends To Become Full Reserve Digital Currency Bank

The chief executive of USDC issuer Circle says that the company is committed to a path where they are regulated…

October 3, 2022

Crypto Exchanges KuCoin and OKX Asked by Authorities To Freeze $67,000,000 in Bitcoin Tied To Do Kwon: Report

Two crypto exchange platforms are being reportedly asked by South Korean authorities to freeze tens of millions of dollars worth…

September 29, 2022