BDO Italia's latest Proof Report on Tether shows that Bitcoin accounted for about $1.5 billion in stablecoin issuer reserves at the end of the first quarter, or roughly 2% of the total.
On May 10, local news outlet Hankyung reported that more than 233.3 billion won ($176 million) of personal assets had been frozen by Terraform Labs co-founder and former CEO Do Kwon as part of an ongoing criminal proceeding.
Ethereum Layer 2 Blockchain Arbitrum Will Distribute Ether, The project, announced on Twitter on May 9, is worth nearly $6.2 million for its decentralized autonomous organization (DAO). ARB holders must claim rewards.
An artificial intelligence chatbot called "Wendy's FreshAI" will take orders from Wendy's drive-thru customers after the fast food chain partnered with Google Cloud to create the bot.
Cryptocurrency exchange OKX appears to have called out rival exchange Coinbase in a new global ad campaign, arguing that “the system doesn't need to be updated; it needs to be rewritten.”
On May 9, the BRC-20 bitcoin token total market capitalization exceeded $1 billion, with a total trading volume of $207.7 million over the past 24 hours.
On May 9, crypto exchange OKX sent roughly $60 million worth of digital assets to wallets linked to failed hedge fund Alameda Research, according to data from crypto analytics platform Arkham Intelligence.
Bankrupt Bitcoin, Mining firm Core Scientific has objected to paying a $4.7 million administrative claim brought by crypto lender Celsius Network, leading to a dispute between the companies over contractual obligations.
Robert F. Kennedy Jr., challenging US President Joe Biden for the Democratic nomination in the 2024 presidential election, has once again shared more of his thoughts on cryptocurrencies on Twitter.
Decentralized liquidity protocol Aave has been deployed on Metis, an Ethereum layer 2 scaling platform, bringing a host of decentralized finance (DeFi) features and products to its ecosystem.
As memecoins have captured the attention of the broader cryptocurrency industry in recent weeks, a viral video has emerged detailing how easy it is for anyone with an internet connection to create an entirely new cryptocurrency from scratch.
Decentralized finance (DeFi) protocol Deus Finance has lost more than $6 million due to a security breach in its stablecoin DEI. According to blockchain security firm PeckShield, hackers exploited a vulnerability in the BNB Smart Chain (BSC) on May 5.
Three weeks after its launch on April 14, 2023, the frog-themed memecoin Pepe (PEPE) has soared more than 85% in the past 24 hours, taking its market cap above $1 billion. Ironically, PEPE's core value proposition is no.
Smart contract auditor CertiK claims to have blocked $160,000 from Merlin, a zkSync-based decentralized exchange that has been at the center of a rogue insider “rugpull” that cost users $1.8 million last week.
Public opinion of banks appears to be weakening, according to an April survey, as the industry struggles to contain the failure of several high-profile financial institutions in recent months.
