Terraform Labs to sell 4 companies as part of wind-down
The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal.
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Stablecoin issuer ‘Usual’ faces sell-off after redemption update
Usual’s USD0++ staked stablecoin introduces dual exit mechanisms, prompting market volatility and significant community debate.

SBF upset by criminal trial’s late evidence while FTX seeks sale of AI stock
Over 3.6 million documents have yet to be produced by prosecutors in the criminal trial of Sam Bankman-Fried, according to his lawyers. 514 Total views 3 Total shares Former FTX CEO Sam Bankman-Fried claims prosecutors have missed discovery deadlines for key pieces of evidence required in the defense of a raft of fraud charges.On June…

What Bitcoin correction? BTC price holds $55K despite several bearish indicators
Experienced analysts and media outlets including Cointelegraph recently highlighted some indicators suggesting that the Bitcoin (BTC) price rally could be overextended. Those bearish views include one from Bollinger bands creator John Bollinger, suggesting traders use a trailing stop, as signs of a “top” were building up.However, it is worth noting that Bollinger Bands and the…

Former Facebook Exec: BTC’s Price is Either Going to Zero or Seven Figures
In a recent discussion with Morgan Creek Digital Partner Anthony Pompliano, Social Capital CEO and former Facebook executive Chamath Palihapitiya asserted that the price of Bitcoin (BTC) will either reach “millions,” or go to “zero.”For Palihapitiya, the question of whether Bitcoin succeeds will be determined by whether the architects of the existing financial system continue…

Standard Chartered, Animoca Brands, HKT to launch HKD stablecoin
The trio plans to launch a Hong Kong dollar-backed stablecoin and apply for a license under Hong Kong’s upcoming stablecoin bill.

Maduro Announces Crypto Casino in Support of Petro and Public
Nicolas Maduro, president of Venezuela, announced on Friday the opening of a new crypto-run casino in a battered country where betting halls have all but gone extinct. A casino for reliefMaduro said Ávila National Park’s Hotel Humboldt will soon be home to an international casino that will operate with Petro (PTR), Venezuela’s state cryptocurrency, and that…

Brazil leads LATAM crypto trading with $6B volume in 2024
Brazil recorded a 30% increase in crypto trading volume in the first months of 2024, outpacing USD weekly trading volume since mid-January.

USDC investor shells out $2M to receive $0.05 USDT trying to evade crash
While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty. 4272 Total views 12 Total shares Own this piece of history Collect this article as an NFTSoon after Circle revealed that Silicon Valley Bank did not transfer $3.3 billion of…