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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…

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…

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…

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…

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…

a16z Floats $600m Gaming Fund

After more than a decade of actively investing in the gaming industry, Andreessen Horowitz (a16z) wants…

Legalizing Crypto Payments Will Happen “Sooner or Later”: Russia Trade Minister

Within months, the sentiments to ban cryptocurrencies in Russia have changed dramatically, and at present, key…

DeFi Altcoin Rebounds by More Than 92% From Last Week’s Crypto Crash Despite Class-Action Lawsuit

The second version of a crypto whose predecessor is embroiled in lawsuits finds itself defying the…

Australias Commonwealth Bank Halts Crypto Rollout

Commonwealth Bank of Australia (CBA) announced on Thursday that it has paused the rollout of cryptocurrency…

Prosecutors Investigate Do Kwon with Ponzi Fraud Charges amid Terraform Labs Dissolvement

Do Kwon’s scandal seem to be deepening. Prosecutors are investigating whether they will file Ponzi fraud charges…