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The NEAR Foundation and Aurora allegedly reneged on an offer to convert $11 million worth of USN stablecoins, Wintermute founder and CEO Evgeny Gaevoy has claimed.In a Nov. 7 X (Twitter) post, Gaevoy claimed NEAR refused to honor a commitment to facilitate the sale of $11.2 million worth of its
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XRP, the cryptocurrency at the center of a high-stakes legal clash between Ripple and the US Securities and Exchange Commission (SEC), has
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The launch of the BANANA token faced a catastrophic glitch, causing a drastic price drop shortly after its debut. Amidst accusations and chaos, the team is working on a recovery plan. BANANA token, a much-anticipated token of Banana Gun, a Telegram bot, was launched on Sept. 11 and immediately grabbed the
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Curve Finance (CRV), a leading decentralized finance (DeFi) protocol, announced significant progress in its recovery efforts following a recent hack that resulted
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Stablecoin issuer Circle has announced it has cleared "substantially all" of the backlog of redemption requests for its stablecoin USD Coin (USDC).In a March 15 operational update, Circle said between the morning of March 13 to the close of business on March 15, it had redeemed $3.8 billion USDC and
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Alameda Research has filed suit against Grayscale Investments in the Court of Chancery in the State of Delaware, it announced March 6. It also made claims against Grayscale CEO Michael Sonnenshein, Grayscale owner Digital Currency Group (DCG) and the group’s CEO Barry Silbert. Alameda Research is an affiliate debtor of FTX,
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Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody Despite
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FTX announced that Tron-based assets could be moved to external wallets. Source
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One of Ripple Labs’ big financial backers is looking to reverse its bet on the XRP issuer.Tetragon Financial Group LTD, the multi-billion asset manager-turned-plaintiff, had led Ripple’s $200 million funding round in December 2019. On Monday night the U.K.-based firm moved to exit its position in a sealed filing in
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According to a new rumor, Red Dead Redemption 2 is penciled in as an upcoming Epic Games Store freebie. The game will reportedly hit the Games Store this Friday. For a multitude of reasons, there’s no way there’s any substance to the rumor. Is Red Dead Redemption 2 the next big name Epic
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