Stablecoin dominance slides as market cap falls to near 2-year lows: CCData
The market capitalization of stablecoins has hit the lowest level since August 2021 coming on the back of 16 consecutive…
Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%
Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem…
USTC up 12% as Binance unveils new trading pair
After reports made rounds that Binance had adopted a trading pair with USDT, the price of the Terra Classic USD stablecoin,…
Stablecoin issuer Paxos reportedly probed by New York regulators
Paxos Trust Company — the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Dollar (USDP) — is reportedly being…
South Korean officials traveled to Serbia to find Do Kwon
The hunt for the controversial founder of the now-collapsed Terra ecosystem, Do Kwon, has intensified with South Korean officials reportedly…
Terra co-founder Do Kwon hiding out in Serbia, says authorities
It is understood that Terraform Labs’ controversial founder and CEO Do Kwon is currently located in the Southeast European nation…
FTX’s Bankman-Fried to face market manipulation probe, Do Kwon chimes in
United States federal prosecutors have reportedly begun investigating whether the collapse of the Terra ecosystem was in fact triggered by…
Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has…
Singapore police allegedly investigate Hodlnaut
It has been claimed that the authorities in Singapore are looking into allegations of cheating and fraud involving the cryptocurrency…
Celsius had ‘insufficient’ accounting and operational controls, says examiner
The independent examiner in crypto lender Celsius’ bankruptcy case has alleged that the company failed to set up “sufficient” accounting…
