Altcoin News

After the news that the US Securities and Exchange Commission (SEC) intends to sue the issuer Paxos for determining that the stablecoin Binance USD (BUSD) is an “unregistered security” earlier today (13th), the incident has made new progress. Cryptocurrency exchange Binance noted that Paxos has been instructed to stop minting new BUSD. According to reports, …

Binance Spokesperson Confirms: Paxos Will Stop Minting New BUSD Tokens Read More »

After the collapse of the $60 billion Terra empire, crypto fugitive Do Kwon is plotting a comeback. The frustrated CEO of Terraform Labs, whose UST stablecoin collapsed last year, is working on some new products and hiring new employees to fill out his engineering department. Zion Schum, director of communications at Terraform Labs, confirmed to …

After disappearing for 8 months, Do Kwon is making a comeback? Read More »

The future is multi-chain. The future is multi-chain. Whether you think it will happen on multiple Layer 1s like Ethereum, Cosmos, and Solana, or a roll-up-centric future, there is an opportunity to make money by driving these cross-chain transactions. Chief among these is to provide liquidity to any of the top bridging aggregators – like …

Bankless: How to win a multi-chain future? Read More »

Faced with the threat of a wildfire-like bear market, cryptocurrency companies are laying off workers in waves. It has been widely rumored in the market earlier that the cryptocurrency exchange Huobi (formerly Huobi) also plans to drastically lay off 800 employees and cancel the year-end bonus for all employees. In response to the above news, …

Insist that “HUOBI is a fire in the bear market”! Justin Sun denies layoffs of 800 people Read More »

FTX founder Sam Bankman-Fried (SBF) made his first court appearance on December 22 after being extradited back to the United States for trial and was granted $250 million bail, one of the largest pretrial bail amounts in U.S. history. However, after the collapse of the FTX empire, SBF’s net worth was almost reduced to zero, …

SBF released on $250M bail! How to pay the sky-high bail with “$100,000 left”? Read More »

In the early morning of the 9th, FTX CEO Samuel Bankman-Fried (SBF) and Binance CEO Changpeng Zhao (CZ) announced the news of “Binance’s acquisition of FTX” through social media. Changpeng Zhao confirmed on Twitter that the two cryptocurrency exchange giants signed a non-binding letter of intent. However, the message content of this post far exceeded …

FTT plummeted after FTX announced its acquisition, investors went from worry to frenzy to panic Read More »

The Monetary Authority of Singapore (MAS) announced on November 2 that it has officially launched a digital asset and decentralized finance (DeFi) trial, and said that the first industrial trial of its project “Project Guardian” has completed the first real-time transaction. Institutions include DBS Bank, JPMorgan Chase and SBI Digital Asset Holdings. The trial aims …

“National DeFi” is coming! Monetary Authority of Singapore’s “DeFi Trial” completes its first transaction Read More »