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Nalezeno "$20 Billion": 2932

Binance Abandons $1 Billion Voyager Deal, Blames Challenging US Regulations


Binance.US has pulled out of the $1.3 billion deal to buy bankrupt crypto lender Voyager Digital, citing a "hostile" regulatory climate in the United States.  In a Tuesday tweet, the US arm of cryptocurrency exchange Binance revealed that it has exercised its right to terminate the asset purchase...

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 is suspected of deceiving investors and accumulating...

Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High  


The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been felt across the board with the top 18 defi protocols recording losses during the past seven days, and the largest defi...

Crypto AI Economy Suffers $730 Million Loss in 2 Months as Interest Wanes


Less than two months ago, a collection of 74 listed cryptocurrencies centered around artificial intelligence (AI) amassed an impressive $4 billion valuation. However, the intervening weeks have seen a sharp decline in crypto-AI economy gains, with losses of $730 million. The three most prominent...

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