Crypto News

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 charges of conspiracy to defraud and wire fraud related to the 2022 collapseSource link

That Supposedly ‘Banned’ Coinbase Ad Is Playing on UK TV Channel’s YouTube

Despite Coinbase CEO Brian Armstrong claiming the exchange's commercial is being censored, it's aired on Channel 4 YouTube videos. Source link

Security Experts Flag Possible 51% Attack on Monero, Citing 6-Block Reorganization

Several reports indicate that the Qubic project has captured 51% of the network’s hashrate, with some observers warning that Qubic mining pools have the ability to reorganize the blockchain and block certain transactions. Alleged 6-Block Chain Reorg Spurs Fears in the Monero Community On Aug. 12, 2025, at 6 a.m. Eastern time, the Slowmist securitySource link

Exploring Digital Asset Treasury Companies: A New Investment Landscape

Pantera Capital outlines the potential of Digital Asset Treasury (DAT) companies to increase net asset value through strategic investments in cryptocurrencies, especially Ethereum. (Read More)Source link

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 as the second-largest fiat-backed crypto asset by market capitalization at $65.23 billion. OnSource link