The token behind the Bored Ape Yacht Club-inspired DAO, ApeCoin, dropped 13% in 24 hours amid BAYC’s record-breaking metaverse land sale.
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White House: Bitcoin Mining Must Be Greener—Or US Should Ban It
The White House today suggested that U.S. lawmakers and regulators could soon crack down on cryptocurrency mining because of its large carbon footprint. In a Thursday report, mandated by President Biden in an executive order […]
SEC Charges Trade Coin Club for $295 Million Bitcoin Ponzi Scheme
The U.S. Securities and Exchange Commission today hit four people with charges for allegedly swindling investors out of nearly $300 million in a “fraudulent crypto Ponzi scheme.” In a Friday announcement, the SEC said Trade […]
Justin Sun’s Terra-like Stablecoin Now Boasts Backing in Bitcoin, Tether, Tron
Launched first as an algorithmic stablecoin, Tron’s USDD has changed its operating model to avoid possible collapse like Terra’s UST.