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The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit, and Copax and others on Wednesda Go to Source Powered by WPeMatico
According to the MAS managing director, TerraForm Labs, Luna Foundation Guard and Vauld were “not licensed or regulated” by Singapore’s financial watchdog. Go to Source Powered by WPeMatico
While a classic technical indicator could be hinting at BTC price falling below $13,000 as well. Go to Source Powered by WPeMatico
An advisory notice from the United States Office of Government Ethics intends to leave the hodlers out of decision-making on crypto. Go to Source Powered by WPeMatico
USDT is under attack from short sellers. Would they go away if only the company hired a Big Four accounting firm to audit its balance sheet? Go to Source Powered by WPeMatico
A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn’t fit for use in the real economy. Go to Source Powered by WPeMatico
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). U.S. and South Korea to Share Data on Crypto Investigations South Korea’s Justice Minister Han Dong-hoon met with U.S. … Read more
The two nations have agreed to share their investigation data on the ongoing crypto-related cases including Terra Luna. Go to Source Powered by WPeMatico
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s … Read more
In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old billionaire says sometimes you have to do “what it takes to sort of stabilize things … Read more
