Kwon’s Terra Collapse Former Terraform Labs CEO Do Kwon is facing criminal charges in the United States after his extradition from Montenegro. U.S. prosecutors estimate that the collapse of the Terra ecosystem. Which included the TerraUSD stablecoin and Luna cryptocurrency, affected more than one million individuals and entities globally in
The fully-regulated global cryptocurrency exchange, Backpack Exchange, has announced the purchase of FTX EU—the MiFID II-authorized European subsidiary of the collapsed FTX. This acquisition was examined and authorized by the FTX bankruptcy court and the Cyprus Securities and Exchange Commission (CySEC). Notably, the FTX EU’s MiFID II licence, obtained under
The WazirX hack of around $230 million has marked one of the biggest crypto losses in 2024. After several months of controversy, the WazirX team has finally announced its recovery plan recently and is planning to distribute funds to the creditors. Meanwhile, other Indian crypto exchanges such as CoinDCX and
Worldcoin (WLD) reached $2.79 and is currently trading at $2.55, ranked #60 in the cryptocurrency market with a market cap of $2.2 billion, reflecting a 4.26% increase. Over the past 24 hours, WLD saw a surge of 3.75%, and its trading volume skyrocketed by 170.28%, reaching $711.07 million. This surge
The overall crypto market is recovering from the recent plunge, reaching a total market cap of $3.58 trillion. Notably, in the past 24 hours, the meme coin market cap rose by 2.1% to $129 billion, while major assets like DOGE, SHIB, and PEPE displayed mixed signals. The frog-themed coin, PEPE,
December 2024 was a month that saw the cryptocurrency landscape experience both extraordinary highs and major challenges, which helped to lay the scene for 2025 to be a year that would be marked by significant developments in the ecosystem of digital assets. The Monthly Markets Insights report from Binance Research reveals
The NFT super app Pixelport has launched its incentivized testnet, allowing early adopters, developers, and creators to test out its robust features. Pixelport provides an easy way to create, manage, and trade NFTs across various blockchains by using Analog’s Generic Message Passing (GMP) protocol. By offering a complete platform to make cross-chain minting, fractionalization, and
With the rise of cryptocurrency cloud mining in recent years, most investors have rushed to grab this piece of “beeswax” and obtain huge profits from it. As the leader of cloud mining service providers, Cryptokeying has the most advanced data centers in the world, providing reliable, intelligent and diversified computing
After being the hot topic for the entire year of 2021, NFTs made no noise for the last couple of years. With a short bull run we witnessed in Dec and the rise of NFT collections such as Pudgy Penguins, NFTs are coming back on track. At one point in
As 2025 opened with promising market momentum, the total market cap rests at $3.51 trillion. The altcoin, Injective (INJ), has displayed bullish price action with a 12.27% increase in the past 24 hours. Notably, in the early hours, INJ recorded its lowest price at $22.71. As the day progressed, the
