Breaking News: Alleged Political Ties Between Terra Founder Do Kwon and Montenegro Prime Minister
According to Montenegro Prime Minister Dritan Abazović, Terra founder Do Kwon is suspected of having political connections with the president of the Europe Now political party, Milojko Spajić. The Prime Minister, along with outgoing Justice Minister Marko Kovac and the Special State Prosecution Office, received a letter from Do Kwon claiming that he had financially […]
Binance Faces SEC Lawsuit: What Does It Mean for Bitcoin and the Crypto Market?
Binance Faces SEC Lawsuit The recent lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, the world’s largest cryptocurrency exchange, has sent shockwaves through the crypto market. The allegations made by the SEC include securities law violations, self-dealing market manipulation, and the sale of unregistered securities. Binance’s CEO, Changpeng Zhao (CZ), and […]
Atomic Wallet Hack Losses Exceed $35 Million, Investigation Underway
The Atomic Wallet Hack The security community is currently investigating a significant security breach that has resulted in substantial losses for users of Atomic Wallet. Reports have emerged of stolen tokens, erased transaction data, and even complete loss of crypto portfolios. Investigation into the Attack Since June 2, Atomic Wallet users have suffered losses exceeding […]
Tether USDT Market Cap Surpasses $83.2 Billion, Leaving Competitors Behind
Tether USDT, the leading stablecoin in the market, has achieved a remarkable milestone by surpassing its previous all-time high market cap of $83.2 billion, which was set back in May 2022. This new achievement solidifies Tether’s unparalleled dominance in the rapidly expanding stablecoin market, which currently stands at an astonishing $130 billion. In fact, USDT’s market cap now exceeds the combined value of its closest competitors, highlighting its unrivaled position.
Ledger Recovery Service Paused aims at Open Sources Code: A Step Towards Transparency
In a recent development, Ledger, the renowned cryptocurrency hardware wallet provider, has made an important decision in response to the concerns and demands of its user base. Following the announcement of their Ledger recovery service, which received significant backlash due to the lack of open-source transparency, Ledger has taken a proactive step towards addressing these concerns.