PayPal’s PYUSD stablecoin hits $1B market cap

Prosecutors reportedly took control of houses and properties in an attempt to prevent former Terra employees from disposing of assets potentially connected to criminal proceedings. 646 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe Seoul Southern District Prosecutor's Office has reportedly confiscated roughly $160 million worth of…

The investor claimed that 64% of Lido tokens are controlled by just a few venture capital firms, preventing ordinary investors from having any control over decisions. A Lido holder initiated a class-action lawsuit against the governing body for liquid staking protocol Lido, according to a complaint filed in a San Francisco United States District Court

Global peer-to-peer (P2P) crypto exchange LocalBitcoins has officially confirmed the removal of trading in local fiat currencies, the firm announced in a tweet on June 4.As previously reported, the Finland-based exchange silently removed cash trading on June 1, which immediately caused some outrage in crypto community.In the official statement, LocalBitcoins noted that its liabilities are…

The Malta Financial Services Authority (MFSA) has issued a warning against an alleged global scam scheme known as “Bitcoin Revolution,” according to an official document published today, Jan. 25.According to the Maltese regulator, the alleged crypto scam represents a typical get-rich-quick scheme, and operates through the website the-bitcoinrevolution.org and several other unnamed websites.The fraudulent entity…

Major cryptocurrency exchange Binance has earned staking rewards on Stellar (XLM) following a change of some parameters on cold and hot wallets.In a blog post published on July 18, Binance said that it unknowingly earned staking rewards of 9,500,000 XLM ($775,000 at press time) in extra XLM tokens in the wake of specific parameter changes…

Dogecoin sees fresh gains before correcting to $0.004 as Bitfinex appears to capitalize on TikTok excitement. 1181 Total views 26 Total shares Major cryptocurrency exchange Bitfinex is listing Dogecoin (DOGE) as excitement around the meme-based altcoin keeps mounting.In a Twitter announcement on July 10, Bitfinex said that deposits were already available and that it would…

EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play.

The original MakerDAO (MKR) protocol shut down on May 12 at 4 PM UTC after an expedited shutdown procedure was initiated as a result of the Black Thursday events.With Single Collateral DAI, or Sai, only Ethereum (ETH) was usable as collateral for the lending platform. The upgrade to Multi Collateral DAI, which was launched in…

Decentralized finance platforms on the Ethereum network have lost about $285 million to rogue actors since 2019. 2755 Total views 23 Total shares Decentralized finan’s rising popularity since 2019 has seen the emerging market segment become a target for hackers and opportunistic profiteers.According to a report by crypto research company Messari, DeFi protocols have lost…