Tether Scraps $20 Billion Funding Ambitions Due To Investor Opposition

Crypto giant Tether is reportedly encountering resistance in its latest fundraising efforts, prompting a significant rethink of how much capital it plans to raise.  According to people familiar with the discussions, investor pushback over the company’s ambitious $500 billion valuation has led advisers to consider a much smaller funding...
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Vitalik Buterin offloads nearly $6.6m in ETH amid price decline

Ethereum co-founder Vitalik Buterin has sold a significant amount of his personal ETH holdings over the past several days. According to blockchain analytics shared by Lookonchain, Vitalik has offloaded 2,961.5 Ethereum (ETH), worth approximately $6.6 million, at an average price…...
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Bitcoin Crashes Below $70,000 As Ethereum, XRP, Dogecoin Plunge 8%

Bitcoin extended is down over 8% in 24 hours as liquidations stand at $1.03 billion over the past 24 hours.       Bitcoin ETFs saw $544.9 million in net outflows on Wednesday, while Ethereum ETFs reported $79.5 million in net outflows.  Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $69,536 Ethereum (CRYPTO: ETH)...
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South Korean Authorities Question Crypto Exchange Executives Over Lawmaker’s ‘Favoritism’ Controversy

South Korea’s police have reportedly summoned executives from the largest local crypto exchanges for questioning regarding allegations of favor-seeking and favoritism from a now-independent lawmaker. Dunamu, Bithumb Executives Summoned By Police On Wednesday, the Seoul Metropolitan Police Agency’s Public Crimes Investigation Unit called former Dunamu CEO Lee Seok-woo and...
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