USDT Stablecoin Issuer Tether Names Paolo Ardoino as New CEO
Paolo Ardoino was named Tether’s new CEO in an official statement released on October 13. After working with Bitfinex for three years, Ardoino joined Tether in 2017 as its CTO.USDT…
Russian Link Suspected in FTX’s $477 Million Cryptocurrency Heist.
Elliptic’s on-chain investigation indicates that the stolen funds seem to have connections with Russian cybercriminal organizations.As FTX and its disgraced founder, Sam Bankman-Fried’s courtroom drama continued to unfold in Manhatten,…
Dogecoin Co-Creator Has $500 Stolen in Japan.
Billy Markus, co-creator of Dogecoin, had $500 stolen during a visit to Japan.He expressed equal dismay over the theft and cultural shame, considering himself a Japanese-American. Markus accidentally left his…
DeFi Protocol Platypus Suffers $2.2 M Loss in Latest Flash Loan Attack.
As a defense mechanism, the protocol froze all of its pools over the assault.This latest flash loan assault marks the third such incident involving Platypus in 2023.After another flash loan…
Ethereum Dips Below $1530. What’s Next For ETH Investors?
Ethereum (ETH) hits a 7-month low of $1528.Standard Chartered predicts ETH will reach $8000 by 2026. Ethereum, the second-largest cryptocurrency by market capitalization, recently reached a seven-month low at $1,528.…
THORChain (RUNE) Recovers 24% Drop to Make New Highs.
THORChain (RUNE) has surged by 11.5% in the last 24 hours and 15.6% over the past month. THORChain’s price could potentially reach the $1.97 level. In the midst of recent…
U.S CFTC Launches Lawsuit Against Former Voyager Digital CEO
Stephen Ehrlich, in reaction to these accusations, has categorically refuted them.The former CEO claims that he is being made the scapegoat for the acts of others.The U.S CFTC has launched…
To Solve Its Skills Shortage, Web3 Must Speak to Developers in a Language They Understand.
It’s often stated that Web3 technologies such as blockchain, cryptocurrency, NFTs, and smart contracts will revolutionize just about every industry on the planet, but for all of the belief, there…
Judge Addresses Multiple Pending Motions in Binance vs SEC Lawsuit
Multiple rulings clearing outstanding motions were signed by Judge Amy Berman Jackson.Judge also accepted the assistance of amicus curiae Circle Internet Financial.A significant hearing in the continuing legal battle between…
Real USD (USDR) Stablecoin De-Pegs; Plummets to $0.51
The treasury has no DAI and the only liquid assets are an insurance fund.The popularity of the token was boosted by its incorporation into Aerodrome Finance. After its reserves of…