Posts published on April 25, 2023 go to media archive 2/4

Report: Terraform Labs Co-Founder Indicted on Fraud Charges in South Korea

Recent local reports have brought to light that Shin Hyun-seong, also known as Daniel Shin, co-founder of Terraform Labs, has been indicted by the Seoul Southern District Prosecutors’ Office on charges of fraud. Along with nine others, Shin…

Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31

While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the…

Algorand Foundation Among Creditors Opposing Restructuring of Troubled Crypto Exchange Hodlnaut

Several of the largest creditors of troubled Singaporean crypto exchange Holdnaut have indicated that the want the company to be placed in liquidation as opposed to a restructuring, according to an announcement.

Bitcoin Magazine Launches El Salvador Cover Edition Ordinals Giveaway

Bitcoiners will have the opportunity to show how much they disrespect banks and love Bitcoin while potentially earning a Cover Edition ordinal. Bitcoin Magazine has launched a "Disrespectors" giveaway with the potential to win an El Salvador print…

BRICS ‘Getting Applications to Join Every Day,’ Attracts 19 Requests Before Summit

Over two dozen nations have applied for BRICS membership ahead of its upcoming annual summit, the representative of the hosting nation revealed in an interview. The organization which unites leading emerging economies will discuss its enlargement…