Kyrgyzstani som-pegged KGST stablecoin debuts on Binance

KGST, a stablecoin pegged to Kyrgyzstan’s local currency, the Kyrgyzstani som, has been listed on Binance. Kyrgyzstan President Sadyr Japarov announced the development on Dec. 24, framing the listing as “landmark news.” “It is especially encouraging that KGST has become…...
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Mt. Gox Hacker Unloads 1,300 Bitcoin As $360 Million Still Remains

Mt. Gox-linked bitcoin tied to Aleksey Bilyuchenko is continuing to filter onto exchanges, extending a slow, closely watched stream of legacy supply that on-chain analysts have been flagging since the fall. Mt. Gox Hacker Unloads More Bitcoin Arkham analyst Emmett Gallic said entities related to Aleksey Bilyuchenko deposited another...
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Ripple-backed Evernorth faces $220M drawdown as XRP struggles

Evernorth’s significant losses highlight the volatility and risk inherent in cryptocurrency investments, impacting investor confidence and market stability. The post Ripple-backed Evernorth faces $220M drawdown as XRP struggles appeared first on Crypto Briefing....
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