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Latest Updates

MakerDAO Community Votes to Remove $500 Million Paxos Dollar (USDP) from Reserves, Impacting Stablecoin Supply

Coindesk reports, that a recent decision that has significant implications for both MakerDAO and Paxos, the...

Signa X Partners with Near Protocol to Create Metaverse for KDEM

In a groundbreaking collaboration, Signa X has joined forces with Near Protocol, a prominent blockchain network,...

OpenAI CTO’s Twitter Account Hacked to Promote Cryptocurrency Scam

On June 2, Crypto Twitter was abuzz with warnings as Mira Murati, the chief technology officer...

Change Digital Launches CGUSD Token, Plans for Global Listing on oneAlpha

Change Digital, a prominent player in the digital asset space, has recently made significant strides with...

South Korean Police Bust $350 Million Crypto Scams Targeting Hundreds of Victims

According to cryptonews report, South Korean authorities have taken action against two alleged cryptocurrency scams, estimating...

Gate.io Denies Rumors of Insolvency Amid Multichain Controversy

According to a cointelegraph report, Gate.io, a centralized cryptocurrency exchange, has addressed rumors of illiquidity and...
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TODAY'S CRYPTO UPDATE

FTX Estate Submits Revised Bankruptcy Plan in Effort to Resolve Collapse

The estate of the defunct cryptocurrency giant, FTX, has lodged a revised proposal aimed at settling its bankruptcy woes with a Delaware...

Central Bank Governor Urges Action Amidst Growing Stablecoin Concerns

Bank of Korea Governor Rhee Chang-yong highlighted the challenges posed by the increasing dominance of stablecoins like tether (USDT) and USD Coin...

Coinbase to Challenge SEC Denial of Rulemaking Petition in Court, Says Chief Legal Officer

In a bold move against the U.S. Securities and Exchange Commission’s (SEC) recent denial, Coinbase Chief Legal Officer Paul Grewal announced today...
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