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Formfunction to shutter marketplace amid Solana NFT slump

The platform didn’t disclose the reason for its closure, but Solana NFTs haven’t been having the best run lately. Source: https://cointelegraph.com/rss Formfunction to shutter marketplace amid Solana NFT slump

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Circle clears ‘substantially all’ minting and redemption backlog for USDC

The stablecoin issuer says that from March 13 and March 15, it redeemed $3.8 billion USDC and minted $0.8 billion USDC. Source: https://cointelegraph.com/rss Circle clears ‘substantially all’ minting and redemption backlog for USDC

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The US government is trying to force ByteDance to sell TikTok

The Biden Administration is significantly increasing pressure on ByteDance just days before TikTok’s CEO is set to testify in front of Congress. The United States government is now “demanding” that ByteDance sell TikTok, according to a new report in The Wall Street Journal. The new demand, which TikTok confirmed to Reuters, is a major blow […]

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1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX

Terra Luna’s former co-founder, Do Kwon, who lost $11 million in the bet, is currently wanted by Interpol and is reportedly hiding in Serbia. Source: https://cointelegraph.com/rss 1 year after M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX

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Blame traditional finance for the collapse of Silicon Valley Bank

Silicon Valley Bank’s downfall was a product of traditional finance — critics shouldn’t conflate the issue with cryptocurrency. Source: https://cointelegraph.com/rss Blame traditional finance for the collapse of Silicon Valley Bank