BlockChain News

HDAO Launches New Burning Mechanism, 50% of Tokens in Total to be Burnt

The foundation of HDAO (HKD.com DAO) announced to rolling out of a new burning mechanism aiming to destroy 50% of the total amount of HDAO tokens.   The burning mechanism…

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Popular Crypto Trader Remains Optimistic About One DeFi Altcoin As Bitcoin (BTC) Pulls the Market Down

A popular crypto trader is staying optimistic about one decentralized finance (DeFi) altcoin despite the market’s overall price downtick. Pseudonymous analyst Credible tells his 332,400 Twitter followers he’s still buying…

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Popular Crypto Trader Remains Optimistic About One DeFi Altcoin As Bitcoin (BTC) Pulls the Market Down

A popular crypto trader is staying optimistic about one decentralized finance (DeFi) altcoin despite the market’s overall price downtick. Pseudonymous analyst Credible tells his 332,400 Twitter followers he’s still buying…

HDAO Launches New Burning Mechanism, 50% of Tokens in Total to be Burnt

The foundation of HDAO (HKD.com DAO) announced to rolling out of a new burning mechanism aiming to destroy 50% of the total amount of HDAO tokens.   The burning mechanism…

More Troubles for Do Kwon as S. Korea Levies $78M Tax Evasion Fine

Terraform Labs is currently being charged with tax evasion fraud by the South Korean National Tax Service, a move that complicates matters for the startup that is trying to salvage…

Terra (LUNA) Founder Do Kwon Facing South Korea Investigation Over Claims of Ponzi Fraud: Report

The CEO of Terraform Labs is facing possible criminal charges in the wake of two leading cryptos collapsing earlier this month. In a new report, Yonhap News says that South…

Multiple Hosting Site Power Cuts Plunges Bit Digital Mining Hashrate by 46.8%

Bit Digital Inc, one of the publicly listed cryptocurrency mining companies in the United States has announced a major halt in its operations at some of its third-party hosting sites.…

After TerraUSD (UST) De-Pegging Scare, Tether (USDT) Releases Report Claiming It Has Fully Backed Reserves

As the most recent crypto market crash is putting the spotlight on stablecoins, one of the leading dollar-pegged tokens says its valuation remains secure. In a new post, Tether Holdings…