Bitcoin24h $78,143.25+2.43%

Ethereum24h $2,291.53+1.57%

XRP24h $1.39+1.48%

BNB24h $615.29+0.02%

Solana24h $83.67+0.98%

TRON24h $0.3269+0.13%

Dogecoin24h $0.1089+2.53%

Hyperliquid24h $40.95+3.42%

UNUS SED LEO24h $10.34+0.03%

Bitcoin Cash24h $450.41+2.22%

Tether-owned Northern Data accused of fraud by former execs

Tether-owned Northern Data has been accused of securities fraud and tax evasion in a lawsuit filed by former executives.

Did Jump Crypto cause Solana stablecoin volume to collapse?

This week, a chart appeared to show stablecoin volume on the Solana blockchain declining over 90% since a series of events at Jump Crypto.

A close review of Justin Sun’s wallets and entities reveals assets being quickly moved with inadequate disclosure.

Tether has launched Alloy a new over-collateralized stablecoin tethered to the US dollar and backed by Tether Gold.

This dramatic fall in the market cap of TrueUSD follows Binance’s delisting of several TrueUSD pairs on March 15.