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Justin Sun Claims FDUSD Issuer Insolvent, Stablecoin Loses Peg

First Digital USD (FDUSD) stablecoin lost its dollar peg after Tron founder Justin Sun claimed its issuer was insolvent.First Digital Trust denied the allegations,...

FDUSD Stablecoin De-Pegs as Concerns Mount Over Reserve Assets

Hong Kong-based First Digital's stablecoin FDUSD has significantly deviated from its $1 peg, dropping as low as $0.87 against USDT.The price instability follows allegations...

Bitfarms Secures $300M Loan for Data Center Expansion Project

Bitfarms secures a $300 million loan from Macquarie Group to develop high-performance computing data centers, with $50 million initially allocated for the Panther Creek...

Lawmakers Urge HUD to Suspend Plans for Cryptocurrency in Housing Aid

Democratic lawmakers are urging HUD to halt any cryptocurrency and blockchain initiatives due to concerns about volatility and fraud risks. Representatives Waters, Lynch,...

Binance Token Listings Plunge: 94% in Red with Losses up to 97%

Over 94% of Binance token listings from 2024 and 2025 have declined in value, with losses ranging from 17% to 97%.Of the 27 tokens...

Nintendo Switch 2 Launches June 5, Mario Kart World Bundle at $500

Nintendo's Switch 2 console launches June 5, 2024 at $450, or $500 bundled with Mario Kart World.The new system features a 7.9-inch LCD display,...

Bitcoin Braces for ‘Atomic Bomb’ as Trump’s Liberation Day Looms

Bitcoin Price has fallen to around $85,000, down from its peak of nearly $110,000, as markets anticipate Trump's upcoming tariff announcements.Analysts warn that Trump's...

CoinDesk 20 Index Dips 1% as AAVE Leads Decline with 5.3% Drop

The CoinDesk 20 Index dropped 1.0% to 2547.72 since Wednesday afternoon.Only two assets (Sui and ADA) showed positive movement among the tracked cryptocurrencies.AAVE and...

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OpenAI launches visual ads, measurement tools for ChatGPT

OpenAI is introducing image-based ad formats inside ChatGPT during image-generation workflows, distinct from generated results and fully labeled.Integrations with...

Mysterious 10x Surge in Stablecoin Dev Corp Stock

Stablecoin Development Corp surged tenfold in two weeks with no identifiable catalyst, hitting a $500 million market cap despite...

Modern Treasury seeks trust bank for digital asset custody

Payments infrastructure company Modern Treasury has applied to the Office of the Comptroller of the Currency (OCC) to establish...

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El Salvador buys the dip again: 80 BTC for $19K each

El Salvador has bought the dip again. The country,...

AI-Generated Malware Targets Hotels in Brazil, Latin America

Hackers identified as TA558 have targeted hotels in Brazil...