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    Do Kwon to Plead Guilty in $40B Terra Luna Collapse

    Do Kwon to Plead Guilty in $40B Terra Luna Collapse

    Terraform Labs co-founder Do Kwon plans to plead guilty to U.S. conspiracy and wire fraud charges tied to the $40 billion collapse of his cryptocurrency projects, a judge confirmed Tuesday. Do Kwon, co-founder of Terraform Labs, will plead guilty to two criminal...
    Circle Unveils Arc Blockchain With USDC as Native Gas

    Circle Unveils Arc Blockchain With USDC as Native Gas

    Stablecoin issuer Circle Internet Group, Inc. announced plans to roll out its own layer one (L1) blockchain, designed to use USDC as the fuel for transaction fees. Circle Debuts Plans for Arc, an EVM-Compatible L1 Using USDC Currently, Circle’s USDC stablecoin ranks...
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